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

Annual salary range
1 - 5 years exp.
₹2 Lakhs - ₹5 Lakhs
Salary of majority employees
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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)
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₹3 L/yr - ₹5 L/yr

Finance & Accounting
Sales Manager Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.8 L/yr

BFSI, Investments & Trading
Sales Manager Salary
4 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.9 L/yr

Customer Success, Service & Operations
Sales Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.5 L/yr

Human Resources
Sales Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.7 L/yr

View all

Last Updated: 17 Feb 2025

Companies similar to State Bank of India for Sales Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Sales Manager Salary

0 - 16 years exp. (4.3k salaries)

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₹2.8 L/yr - ₹11.8 L/yr

arrow icon 92% more
3 job openings
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ICICI Bank Sales Manager Salary

0 - 15 years exp. (586 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 73% more
Logo
Axis Bank Sales Manager Salary

0 - 16 years exp. (3k salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 104% more
2 job openings
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Kotak Mahindra Bank Sales Manager Salary

1 - 12 years exp. (753 salaries)

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₹2.3 L/yr - ₹10 L/yr

arrow icon 69% more
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Yes Bank Sales Manager Salary

0 - 14 years exp. (762 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 79% more
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IDFC FIRST Bank Sales Manager Salary

0 - 11 years exp. (1k salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 67% more
3 job openings
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IndusInd Bank Sales Manager Salary

2 - 13 years exp. (433 salaries)

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₹2 L/yr - ₹10.8 L/yr

arrow icon 77% more
1 job opening
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Federal Bank Sales Manager Salary

3 - 15 years exp. (11 salaries)

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₹4.5 L/yr - ₹6.6 L/yr

arrow icon 35% more
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RBL Bank Sales Manager Salary

3 - 10 years exp. (93 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 45% more
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Punjab National Bank Sales Manager Salary

0 - 6 years exp. (4 salaries)

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₹1.8 L/yr - ₹4.5 L/yr

arrow icon 15% less
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Deutsche Bank Sales Manager Salary

1 - 9 years exp. (342 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 79% more
7 job openings
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Bandhan Bank Sales Manager Salary

2 - 11 years exp. (206 salaries)

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₹2.2 L/yr - ₹11.1 L/yr

arrow icon 65% more
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AU Small Finance Bank Sales Manager Salary

4 - 10 years exp. (164 salaries)

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₹2 L/yr - ₹11.2 L/yr

arrow icon 75% more
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Standard Chartered Sales Manager Salary

3 - 14 years exp. (66 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 129% more
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IDBI Bank Sales Manager Salary

1 - 10 years exp. (61 salaries)

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₹1.7 L/yr - ₹5.6 L/yr

arrow icon 9% less
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Shinhan Bank Sales Manager Salary

6 - 10 years exp. (5 salaries)

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₹5.7 L/yr - ₹8 L/yr

arrow icon 81% more
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Bank of America Sales Manager Salary

1 - 10 years exp. (5 salaries)

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₹5.4 L/yr - ₹15.5 L/yr

arrow icon 250% more
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Bank of Baroda Sales Manager Salary

5 - 10 years exp. (4 salaries)

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₹2.9 L/yr - ₹5.5 L/yr

arrow icon 5% more
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Allahabad Bank Sales Manager Salary

3 - 15 years exp. (3 salaries)

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₹3.5 L/yr - ₹5 L/yr

arrow icon 11% more
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Barclays Sales Manager Salary

4 - 13 years exp. (3 salaries)

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₹4.6 L/yr - ₹41 L/yr

arrow icon 415% more

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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.

Latest annual salaries shared by State Bank of India Sales Manager

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Experience wise State Bank of India Sales Manager salaries

Last Updated: 17 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.5 L/yr - ₹6.6 L/yr
2 years  (6 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
3 years  (4 salaries)

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₹3 L/yr - ₹5 L/yr
4 years  (5 salaries)

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₹3 L/yr - ₹6.8 L/yr
5 years  (5 salaries)

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₹2 L/yr - ₹4.5 L/yr

Similar Designation salaries in State Bank of India

Store Manager Salary
(3 salaries)
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₹8.2 L/yr - ₹13.2 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹8 L/yr - ₹10.2 L/yr
Branch Manager Salary
(289 salaries)
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₹8 L/yr - ₹33.44 L/yr
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₹5.5 L/yr - ₹12.15 L/yr
Sales Officer Salary
(18 salaries)
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₹1.55 L/yr - ₹3.5 L/yr
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₹7.5 L/yr - ₹11 L/yr
Deputy Manager Salary
(524 salaries)
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₹7.2 L/yr - ₹28 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.3 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
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₹1 L/yr - ₹6.65 L/yr
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Salary related reviews for State Bank of India

4.9

Rated by 6 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • 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.

read more
  • Company culture - Poor
  • +1 more

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

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +2 more
see more salary related reviews

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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?
  • Barclays Sales Manager Salary - ₹4.6 Lakhs to ₹41.0 Lakhs per year
  • 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
What is the salary of a Sales Manager in companies similar to State Bank of India in India?
  • Shinhan Bank Sales Manager Salary - ₹5.7 Lakhs to ₹8.0 Lakhs per year
  • Deutsche Bank Sales Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
  • Yes Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
  • IndusInd Bank Sales Manager Salary - ₹2.0 Lakhs to ₹10.8 Lakhs per year
  • AU Small Finance Bank Sales Manager Salary - ₹2.0 Lakhs to ₹11.2 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 salary in India ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 State Bank of India latest salaries received from various employees of State Bank of India.