State Bank of India Sales Manager Salaries by 20+ Employees (Updated 2025)

1 - 5 years exp.

₹2 Lakhs - ₹5 Lakhs

Salary of majority employees

46% less than the average Sales Manager Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 2 - 5 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr
Finance & Accounting Sales Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.8 L/yr
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BFSI, Investments & Trading Sales Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
Customer Success, Service & Operations Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.5 L/yr
Human Resources Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.7 L/yr

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Last Updated: 17 Feb 2025

Companies similar to State Bank of India for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager Salary 0 - 16 years exp. (4.3k salaries)	₹2.8 L/yr - ₹11.8 L/yr 92% more	3 job openings
ICICI Bank Sales Manager Salary 0 - 15 years exp. (586 salaries)	₹2 L/yr - ₹11 L/yr 73% more
Login to view exact salary
Axis Bank Sales Manager Salary 0 - 16 years exp. (3k salaries)	₹3 L/yr - ₹13 L/yr 104% more	2 job openings
Kotak Mahindra Bank Sales Manager Salary 1 - 12 years exp. (755 salaries)	₹2.3 L/yr - ₹10 L/yr 70% more
Yes Bank Sales Manager Salary 0 - 14 years exp. (594 salaries)	₹2 L/yr - ₹11 L/yr 80% more
IDFC FIRST Bank Sales Manager Salary 0 - 11 years exp. (1k salaries)	₹2.2 L/yr - ₹10 L/yr 68% more	3 job openings
IndusInd Bank Sales Manager Salary 2 - 13 years exp. (430 salaries)	₹2 L/yr - ₹10.5 L/yr 77% more	1 job opening
Federal Bank Sales Manager Salary 3 - 15 years exp. (11 salaries)	₹4.5 L/yr - ₹6.6 L/yr 35% more
RBL Bank Sales Manager Salary 3 - 10 years exp. (93 salaries)	₹2.2 L/yr - ₹10 L/yr 45% more
Punjab National Bank Sales Manager Salary 0 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4.5 L/yr 15% less
Deutsche Bank Sales Manager Salary 1 - 9 years exp. (344 salaries)	₹3 L/yr - ₹10 L/yr 79% more	5 job openings
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Bandhan Bank Sales Manager Salary 2 - 11 years exp. (201 salaries)	₹2.2 L/yr - ₹10 L/yr 65% more
AU Small Finance Bank Sales Manager Salary 4 - 10 years exp. (164 salaries)	₹2 L/yr - ₹11.2 L/yr 75% more
Standard Chartered Sales Manager Salary 3 - 14 years exp. (67 salaries)	₹4 L/yr - ₹15 L/yr 129% more
IDBI Bank Sales Manager Salary 1 - 10 years exp. (61 salaries)	₹1.7 L/yr - ₹5.6 L/yr 9% less
Baroda Global Shared Services Sales Manager Salary 5 - 10 years exp. (7 salaries)	₹3.9 L/yr - ₹4.5 L/yr 8% more	1 job opening
Bank of America Sales Manager Salary 1 - 10 years exp. (5 salaries)	₹5.4 L/yr - ₹15.5 L/yr 250% more
Bank of Baroda Sales Manager Salary 5 - 10 years exp. (4 salaries)	₹2.9 L/yr - ₹5.5 L/yr 5% more
Allahabad Bank Sales Manager Salary 3 - 15 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 11% more
Shinhan Bank Sales Manager Salary 6 - 7 years exp. (3 salaries)	₹5.7 L/yr - ₹8 L/yr 91% more

Sales Manager salary at State Bank of India ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 21 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Sales Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.6 L/yr
2 years (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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3 years (4 salaries)	₹3 L/yr - ₹5 L/yr
4 years (5 salaries)	₹3 L/yr - ₹6.8 L/yr
5 years (5 salaries)	₹2 L/yr - ₹4.5 L/yr

Similar Designation salaries in State Bank of India

Store Manager Salary

(3 salaries)

₹8.2 L/yr - ₹13.2 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹8 L/yr - ₹10.2 L/yr

Branch Manager Salary

(290 salaries)

₹9 L/yr - ₹33.4 L/yr

Area Sales Manager Salary

(10 salaries)

₹5.5 L/yr - ₹12.15 L/yr

Sales Officer Salary

(18 salaries)

₹1.55 L/yr - ₹3.5 L/yr

Zonal Sales Manager Salary

(8 salaries)

₹7.5 L/yr - ₹11 L/yr

Deputy Manager Salary

(575 salaries)

₹7.2 L/yr - ₹28 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Marketing Manager Salary

(8 salaries)

₹1 L/yr - ₹6.65 L/yr

Salary related reviews for State Bank of India

4.9

Rated by 6 employees for salary & benefits

Deputy Manager in Bokaro

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Fixed salary

Job security - Excellent

Dislikes

Horrible work culture. Too much internal politics. People who don't work re appraised well and people who work hard are appraised badly, and have to bear lots of criticism. Seniors don't have any idea about the reality of ground level and force unethical practices for personal gains. People who oppose this are publically humiliated and instructed to resign. Seniors have no working knowledge of how the softwares work, and if some do do, then they refused to share their knowledge with others. It is the worst workplace I have ever worked in. I would not wish this kind of working environment to my worst enemy.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 15 Nov 2024

4.0

for Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

Salary - Good

+1 more

Dislikes

...erable. Asking to not come on a public holiday leads to targetting by your boss. No compensation for working on holidays. One has to work for 10-12 hours Monday to Saturday. You are asked to do work outside bank guidelines and no risk allowance/security assurance is given.

Skill development - Bad

+3 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 18 Sep 2024

4.0

for Salary and Benefits

Likes

It is a reputed organisation and the largest public sector bank in India. The salary and perks are better as compared to other PSBs. There is job security.

Salary - Good

+2 more

Dislikes

Long sitting hours, lot of workload, seniors threatening to transfer/change posting, stress and pressure of completing targets, working on weekends and holidays. Huge customer base means a lot of customer dealing.

Company culture - Poor

+1 more

Deputy Manager in New Delhi

Full Time

Other Department

3.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and little bit of recognition

Job security - Excellent

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

Work satisfaction - Bad

+2 more

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Dec 2023

3.0

for Salary and Benefits

Likes

Job is secured. We get to serve all kind of customers. Employees get huge exposure in whichever field /segment they are working in, great medical benefit, loans at concessional rate.

Job security - Excellent

Dislikes

Age old promotion policy, rigid system, salary is not as per industry standard, lack of proper training, late sitting is rewarded, no facility for working mothers, except for maternity leave, no wfh facility.

Skill development - Bad

+2 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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State Bank of India Sales Manager Salary FAQs

What is the salary of Sales Manager at State Bank of India?

Sales Manager salary at State Bank of India in India ranges between ₹2.0 Lakhs to ₹5.0 Lakhs for experience between 1 years to 5 years. According to our estimates it is 46% less than the average Sales Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of State Bank of India India.

How does the salary of a Sales Manager at State Bank of India India compare with the average salary range for this job?

The average salary of a Sales Manager at State Bank of India is 46% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a Sales Manager in India?

Bank of America Sales Manager Salary - ₹5.4 Lakhs to ₹15.5 Lakhs per year
Standard Chartered Sales Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Axis Bank Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Sales Manager Salary - ₹2.8 Lakhs to ₹11.8 Lakhs per year
Shinhan Bank Sales Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Sales Manager in companies similar to State Bank of India in India?

Yes Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
Deutsche Bank Sales Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
IndusInd Bank Sales Manager Salary - ₹2.0 Lakhs to ₹10.5 Lakhs per year
AU Small Finance Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.2 Lakhs per year
ICICI Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year

What is the estimated take home salary of a Sales Manager at State Bank of India in India?

The estimated take-home salary of a Sales Manager at State Bank of India ranges between ₹27,598 per month to ₹28,998 per month in India. The take-home salary calculation is based on the average State Bank of India Sales Manager salary in India which ranges between ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at State Bank of India?

According to AmbitionBox, 40% of the State Bank of India Sales Managers reported a notice period of 1 Month, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 20 responses on AmbitionBox in last 2 years.

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State Bank of India Sales Manager Salaries by Location

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State Bank of India Sales Manager Salaries

State Bank of India Sales Manager salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Sales Manager salaries in India (Updated 2025)

Companies similar to State Bank of India for Sales Manager

Latest annual salaries shared by State Bank of India Sales Manager

Experience wise State Bank of India Sales Manager salaries

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in New Delhi

Branch Manager in Mumbai

State Bank of India Sales Manager Salary FAQs

Tell us how to improve this page.

State Bank of India Sales Manager Salaries by Location