State Bank of India Bangalore / Bengaluru Senior Manager Salaries by 3 Employees

8 - 14 years exp.

₹8 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

17% less than the average Senior Manager Salary in Banking Companies for 8 - 14 years of experience

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Last Updated: 22 Apr 2024

Companies similar to State Bank of India for Senior Manager in Bangalore / Bengaluru

State Bank of India Senior Manager Salary

8 - 14 years exp. (3 salaries)

₹8 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Manager Salary 6 - 21 years exp. (947 salaries)	₹16 L/yr - ₹46.1 L/yr 54% more
HDFC Bank Senior Manager Salary 3 - 20 years exp. (529 salaries)	₹6 L/yr - ₹25 L/yr 23% less	1 job opening
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Axis Bank Senior Manager Salary 2 - 21 years exp. (451 salaries)	₹7.5 L/yr - ₹26.5 L/yr 15% less	2 job openings
Kotak Mahindra Bank Senior Manager Salary 2 - 18 years exp. (401 salaries)	₹5.2 L/yr - ₹21 L/yr 38% less
ICICI Bank Senior Manager Salary 2 - 19 years exp. (171 salaries)	₹7.1 L/yr - ₹26 L/yr 8% less
IDFC FIRST Bank Senior Manager Salary 3 - 18 years exp. (167 salaries)	₹5.6 L/yr - ₹25 L/yr 28% less
Yes Bank Senior Manager Salary 2 - 16 years exp. (163 salaries)	₹7.5 L/yr - ₹20 L/yr 36% less	1 job opening
Canara Bank Senior Manager Salary 8 - 15 years exp. (152 salaries)	₹12 L/yr - ₹32 L/yr 19% more
AU Small Finance Bank Senior Manager Salary 4 - 16 years exp. (49 salaries)	₹3.7 L/yr - ₹15.6 L/yr 55% less
Bank of Baroda Senior Manager Salary 8 - 15 years exp. (30 salaries)	₹8.6 L/yr - ₹30 L/yr 3% less
IndusInd Bank Senior Manager Salary 6 - 16 years exp. (29 salaries)	₹7.3 L/yr - ₹14.5 L/yr 38% less	7 job openings
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Bank of America Senior Manager Salary 8 - 17 years exp. (21 salaries)	₹24 L/yr - ₹36 L/yr 67% more	2 job openings
Union Bank of India Senior Manager Salary 8 - 15 years exp. (20 salaries)	₹12 L/yr - ₹29 L/yr 5% more
Bandhan Bank Senior Manager Salary 6 - 16 years exp. (15 salaries)	₹8.6 L/yr - ₹16 L/yr 32% less
Punjab National Bank Senior Manager Salary 7 - 12 years exp. (10 salaries)	₹14.1 L/yr - ₹28 L/yr 6% more
Indian Overseas Bank Senior Manager Salary 10 - 18 years exp. (9 salaries)	₹14 L/yr - ₹24 L/yr 10% more
Deutsche Bank Senior Manager Salary 9 - 14 years exp. (8 salaries)	₹9.6 L/yr - ₹16 L/yr 23% less
Indian Bank Senior Manager Salary 8 - 13 years exp. (8 salaries)	₹12 L/yr - ₹26 L/yr 16% more
Central Bank of India Senior Manager Salary 10 - 12 years exp. (7 salaries)	₹8.9 L/yr - ₹20 L/yr 4% less
Bank of India Senior Manager Salary 9 - 13 years exp. (6 salaries)	₹11 L/yr - ₹23.5 L/yr 8% more

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Senior Manager salary at State Bank of India ranges between ₹8 Lakhs to ₹20 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Senior Manager salaries in Bangalore / Bengaluru

Last Updated: 22 Apr 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
9 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
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10 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
11 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹22.5 L/yr
12 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr

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Similar Designation salaries in State Bank of India

Deputy Manager Salary

(126 salaries)

₹7 L/yr - ₹28 L/yr

Branch Manager Salary

(51 salaries)

₹9 L/yr - ₹35 L/yr

Salary related reviews for State Bank of India

Deputy Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 20 Mar 2025

4.0

for Salary and Benefits

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...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

Salary - Good

+4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

Work-life balance - Bad

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• posted on 19 Jan 2025

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Fixed salary

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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

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Deputy Manager in Mumbai

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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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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State Bank of India Senior Manager Salary FAQs

How the salary growth look like for a Senior Manager at State Bank of India in Bangalore / Bengaluru?

The salary growth for a Senior Manager at State Bank of India in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Senior Manager in Bangalore / Bengaluru can expect the following growth trajectory at State Bank of India:

Experience	Average Salary Range
8 years	₹17.0 Lakhs to ₹21.7 Lakhs per year
9 years	₹17.2 Lakhs to ₹22.0 Lakhs per year
10 years	₹17.4 Lakhs to ₹22.2 Lakhs per year
11 years	₹17.6 Lakhs to ₹22.5 Lakhs per year

and so on.

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State Bank of India Senior Manager Salaries in Bangalore / Bengaluru

State Bank of India Senior Manager salary in Bangalore / Bengaluru ranges between ₹8 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Senior Manager salaries in Bangalore / Bengaluru

Companies similar to State Bank of India for Senior Manager in Bangalore / Bengaluru

Latest annual salaries shared by State Bank of India Senior Manager in Bangalore / Bengaluru

Experience wise State Bank of India Senior Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Deputy Manager in Chennai

Deputy Manager in Bokaro

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Deputy Manager in New Delhi

State Bank of India Senior Manager Salary FAQs

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