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

Annual salary range
5 - 15 years exp.
₹8.9 Lakhs - ₹35 Lakhs
Salary of majority employees
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At par with the average Senior Manager Salary in Banking Companies for 5 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
7 - 15 years exp. (35 salaries)
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₹12 L/yr - ₹35 L/yr

Finance & Accounting
Senior Manager Salary
6 - 11 years exp. (6 salaries)
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₹12 L/yr - ₹26 L/yr

Product Management
Senior Manager Salary
9 - 12 years exp. (3 salaries)
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₹14.5 L/yr - ₹30 L/yr

Customer Success, Service & Operations
Senior Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹14 L/yr - ₹26 L/yr

Project & Program Management
Senior Manager Salary
7 - 12 years exp. (AmbitionBox Estimate)
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₹20.5 L/yr - ₹26 L/yr

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Last Updated: 22 Jan 2025

Companies similar to State Bank of India for Senior Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Senior Manager Salary

1 - 19 years exp. (1.7k salaries)

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₹8.4 L/yr - ₹28 L/yr

arrow icon 17% less
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HDFC Bank Senior Manager Salary

4 - 21 years exp. (6.1k salaries)

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₹8 L/yr - ₹24 L/yr

arrow icon 27% less
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Axis Bank Senior Manager Salary

2 - 21 years exp. (5.2k salaries)

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₹8 L/yr - ₹28 L/yr

arrow icon 23% less
2 job openings
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Punjab National Bank Senior Manager Salary

7 - 15 years exp. (220 salaries)

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₹8.6 L/yr - ₹35 L/yr

arrow icon 2% less
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Bank of Baroda Senior Manager Salary

8 - 16 years exp. (367 salaries)

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₹9.6 L/yr - ₹37 L/yr

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Canara Bank Senior Manager Salary

8 - 15 years exp. (317 salaries)

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₹12 L/yr - ₹32 L/yr

arrow icon 5% more
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Union Bank of India Senior Manager Salary

8 - 15 years exp. (253 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 4% less
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IDBI Bank Senior Manager Salary

6 - 14 years exp. (5 salaries)

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₹10.1 L/yr - ₹22 L/yr

arrow icon 23% less
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Kotak Mahindra Bank Senior Manager Salary

1 - 19 years exp. (3.5k salaries)

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₹5.3 L/yr - ₹19.1 L/yr

arrow icon 40% less
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IndusInd Bank Senior Manager Salary

6 - 18 years exp. (355 salaries)

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₹5.3 L/yr - ₹20 L/yr

arrow icon 43% less
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Yes Bank Senior Manager Salary

2 - 18 years exp. (2.4k salaries)

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₹5.9 L/yr - ₹22 L/yr

arrow icon 40% less
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Federal Bank Senior Manager Salary

6 - 14 years exp. (183 salaries)

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₹9.6 L/yr - ₹30 L/yr

arrow icon 13% more
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Bank of India Senior Manager Salary

9 - 13 years exp. (132 salaries)

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₹10 L/yr - ₹30 L/yr

arrow icon 3% less
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Central Bank of India Senior Manager Salary

7 - 12 years exp. (90 salaries)

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₹11 L/yr - ₹25 L/yr

arrow icon 9% less
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Indian Overseas Bank Senior Manager Salary

8 - 18 years exp. (101 salaries)

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₹9 L/yr - ₹30 L/yr

arrow icon 7% less
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SBI Mutual Fund Senior Manager Salary

8 - 15 years exp. (38 salaries)

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₹7.3 L/yr - ₹28 L/yr

arrow icon 12% less
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SBI Cards & Payment Services Senior Manager Salary

10 - 18 years exp. (207 salaries)

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₹10 L/yr - ₹26.5 L/yr

arrow icon 9% less
5 job openings
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Reserve Bank of India Senior Manager Salary

13 - 16 years exp. (3 salaries)

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₹25 L/yr - ₹32 L/yr

arrow icon 37% more
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₹4.2 L/yr - ₹24 L/yr

arrow icon 35% less
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₹22 L/yr - ₹50 L/yr

arrow icon 41% more
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Senior Manager salary at State Bank of India ranges between ₹8.9 Lakhs to ₹35 Lakhs per year for employees with experience between 5 years to 15 years. Salary estimates are based on 72 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Senior Manager

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11 years exp.
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14 years exp.
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9 years exp.
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14 years exp.
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Experience wise State Bank of India Senior Manager salaries

Last Updated: 22 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹10 L/yr - ₹35.6 L/yr
6 years  (3 salaries)

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₹15 L/yr - ₹26 L/yr
7 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹26 L/yr
8 years  (8 salaries)

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₹15 L/yr - ₹34 L/yr
9 years  (7 salaries)

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₹9 L/yr - ₹30 L/yr
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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
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₹21 L/yr - ₹50 L/yr
Deputy Manager Salary
(524 salaries)
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₹7.2 L/yr - ₹28 L/yr
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₹4.8 L/yr - ₹11.6 L/yr
Sales Manager Salary
(21 salaries)
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₹2 L/yr - ₹5 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Branch Manager Salary
(289 salaries)
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₹8 L/yr - ₹33.44 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹8 L/yr - ₹10.2 L/yr
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₹1 L/yr - ₹6.65 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.3 L/yr
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Salary related reviews for State Bank of India

3.1

Rated by 14 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 Senior Manager Salary FAQs

What is the salary of Senior Manager at State Bank of India?
Senior Manager salary at State Bank of India in India ranges between ₹8.9 Lakhs to ₹35.0 Lakhs for experience between 5 years to 15 years. According to our estimates it is 4% less than the average Senior Manager Salary in India. Salary estimates are based on 72 latest salaries received from various employees of State Bank of India India.
How does the salary of a Senior Manager at State Bank of India India compare with the average salary range for this job?
The average salary of a Senior Manager at State Bank of India is 4% less than the average salary of a Senior Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Senior Manager in India?
  • Deloitte Senior Manager Salary - ₹23.0 Lakhs to ₹75.0 Lakhs per year
  • Accenture Senior Manager Salary - ₹19.0 Lakhs to ₹75.0 Lakhs per year
  • Wipro Senior Manager Salary - ₹12.7 Lakhs to ₹50.0 Lakhs per year
  • General Insurance Corporation of India Senior Manager Salary - ₹22.0 Lakhs to ₹50.0 Lakhs per year
  • Reserve Bank of India Senior Manager Salary - ₹25.0 Lakhs to ₹32.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to State Bank of India in India?
  • IBM Senior Manager Salary - ₹12.0 Lakhs to ₹50.9 Lakhs per year
  • Infosys Senior Manager Salary - ₹13.8 Lakhs to ₹51.0 Lakhs per year
  • Standard Chartered Senior Manager Salary - ₹13.3 Lakhs to ₹46.1 Lakhs per year
  • Capgemini Senior Manager Salary - ₹11.5 Lakhs to ₹43.5 Lakhs per year
  • TCS Senior Manager Salary - ₹11.0 Lakhs to ₹41.0 Lakhs per year
What is the estimated take home salary of a Senior Manager at State Bank of India in India?
The estimated take-home salary of a Senior Manager at State Bank of India ranges between ₹1,36,364 per month to ₹1,41,393 per month in India. The take-home salary calculation is based on the average State Bank of India Senior Manager salary in India which ranges between ₹8.9 Lakhs to ₹35.0 Lakhs per year for employees with experience between 5 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at State Bank of India?
According to AmbitionBox, 63% of the State Bank of India Senior Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

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State Bank of India Senior Manager salary in India ranges between ₹8.9 Lakhs to ₹35 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 72 State Bank of India latest salaries received from various employees of State Bank of India.