State Bank of India Mumbai Senior Manager Salaries by 20+ Employees (Updated 2024)

7 - 15 years exp.

₹9 Lakhs - ₹35 Lakhs

Salary of majority employees

At par with the average Senior Manager Salary in Banking Companies for 7 - 15 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 10 - 15 years exp. (12 salaries)	₹13.1 L/yr - ₹35 L/yr
Product Management Senior Manager Salary 9 - 12 years exp. (3 salaries)	₹14.5 L/yr - ₹30 L/yr
Login to view exact salary
Project & Program Management Senior Manager Salary 7 - 12 years exp. (AmbitionBox Estimate)	₹21.4 L/yr - ₹26 L/yr

Last Updated: 5 Oct 2024

Companies similar to State Bank of India for Senior Manager in Mumbai

State Bank of India Senior Manager Salary

7 - 15 years exp. (21 salaries)

₹9 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Manager Salary 1 - 20 years exp. (591 salaries)	₹9.1 L/yr - ₹28.9 L/yr 21% less
HDFC Bank Senior Manager Salary 3 - 21 years exp. (2.3k salaries)	₹8.5 L/yr - ₹26 L/yr 26% less
Login to view exact salary
Axis Bank Senior Manager Salary 3 - 21 years exp. (2k salaries)	₹8.8 L/yr - ₹27.1 L/yr 22% less	1 job opening
Punjab National Bank Senior Manager Salary 7 - 13 years exp. (29 salaries)	₹10.9 L/yr - ₹35.2 L/yr At par
Bank of Baroda Senior Manager Salary 7 - 16 years exp. (99 salaries)	₹10 L/yr - ₹33 L/yr 4% more
Canara Bank Senior Manager Salary 7 - 14 years exp. (28 salaries)	₹12 L/yr - ₹28 L/yr 4% more
Union Bank of India Senior Manager Salary 8 - 15 years exp. (86 salaries)	₹10 L/yr - ₹33 L/yr 3% less
Kotak Mahindra Bank Senior Manager Salary 0 - 18 years exp. (1.4k salaries)	₹6.5 L/yr - ₹23.3 L/yr 40% less
IndusInd Bank Senior Manager Salary 6 - 17 years exp. (139 salaries)	₹5.5 L/yr - ₹22.7 L/yr 42% less
Yes Bank Senior Manager Salary 2 - 19 years exp. (994 salaries)	₹6.5 L/yr - ₹22.1 L/yr 41% less
Federal Bank Senior Manager Salary 6 - 15 years exp. (48 salaries)	₹12 L/yr - ₹29.5 L/yr 6% more
Login to view exact salary
Bank of India Senior Manager Salary 9 - 13 years exp. (21 salaries)	₹11.3 L/yr - ₹25 L/yr 3% less
Central Bank of India Senior Manager Salary 7 - 14 years exp. (22 salaries)	₹12.1 L/yr - ₹25 L/yr 5% less
SBI Mutual Fund Senior Manager Salary 8 - 15 years exp. (26 salaries)	₹8.5 L/yr - ₹29 L/yr 3% less
SBI Cards & Payment Services Senior Manager Salary 8 - 15 years exp. (8 salaries)	₹12 L/yr - ₹22 L/yr 13% less	8 job openings
General Insurance Corporation of India Senior Manager Salary 10 - 15 years exp. (9 salaries)	₹22 L/yr - ₹50 L/yr 35% more
TCS Senior Manager Salary 12 - 23 years exp. (184 salaries)	₹12 L/yr - ₹40 L/yr 11% more
Wipro Senior Manager Salary 10 - 22 years exp. (60 salaries)	₹15 L/yr - ₹42 L/yr 38% more	2 job openings
Accenture Senior Manager Salary 11 - 25 years exp. (180 salaries)	₹20 L/yr - ₹71.9 L/yr 107% more	96 job openings
IBM Senior Manager Salary 12 - 20 years exp. (8 salaries)	₹17 L/yr - ₹45 L/yr 36% more	1 job opening

View all

Senior Manager salary at State Bank of India ranges between ₹9 Lakhs to ₹35 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 21 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Senior Manager salaries in Mumbai

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹26 L/yr
8 years (AmbitionBox Estimate)	₹18 L/yr - ₹38.5 L/yr
Login to view exact salary
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹38.9 L/yr
10 years (4 salaries)	₹13.1 L/yr - ₹35 L/yr
11 years (3 salaries)	₹13.1 L/yr - ₹27 L/yr
12 years (5 salaries)	₹15.7 L/yr - ₹29 L/yr
13 years (3 salaries)	₹9 L/yr - ₹32 L/yr
14 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹26 L/yr
15+ years (AmbitionBox Estimate)	₹9.1 L/yr - ₹34 L/yr

View all

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(94 salaries)

₹7.14 L/yr - ₹27 L/yr

Branch Manager Salary

(28 salaries)

₹12 L/yr - ₹28 L/yr

Regional Manager Salary

(5 salaries)

₹30 L/yr - ₹50 L/yr

Marketing Manager Salary

(4 salaries)

₹1 L/yr - ₹5.63 L/yr

Salary related reviews for State Bank of India

4.0

Rated by 1 employees for salary & benefits

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.

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.

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

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

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.

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.

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

Branch Manager in Akola

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Dec 2023

1.0

for Salary and Benefits

Likes

There is nothing significant to write in this section.

Dislikes

...BI is its HR section and due to this, the problems faced by employees get worse. Seniors often resort to verbal personal attacks, humiliate you publicly, decline your bills, stop your salary, etc. They make sure you are ostracized, from others. You are never granted leave. Asking for leave is like asking for parole as if you are incarcerated, and as with parole, your leaves are rejected. They will play mind games and they will stalk you, where you live, where you go, who you are talking to, whether you are leaving the place, and many more. Better not to work here, than get your confidence completely shattered. Hope it helps anybody reading.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about State Bank of India?

Ask anonymously on communities.

State Bank of India Senior Manager Salary FAQs

What is the salary of Senior Manager at State Bank of India Mumbai?

Senior Manager salary at State Bank of India in Mumbai ranges between ₹9.0 Lakhs to ₹35.0 Lakhs for experience between 7 years to 15 years. According to our estimates it is 3% more than the average Senior Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of State Bank of India Mumbai.

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

The average salary of a Senior Manager at State Bank of India is 3% more than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

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

Accenture Senior Manager Salary - ₹20.0 Lakhs to ₹71.9 Lakhs per year
Deloitte Senior Manager Salary - ₹20.0 Lakhs to ₹75.8 Lakhs per year
Bank of America Senior Manager Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year
Wipro Senior Manager Salary - ₹15.0 Lakhs to ₹42.0 Lakhs per year
IBM Senior Manager Salary - ₹17.0 Lakhs to ₹45.0 Lakhs per year

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

General Insurance Corporation of India Senior Manager Salary - ₹22.0 Lakhs to ₹50.0 Lakhs per year
Standard Chartered Senior Manager Salary - ₹11.0 Lakhs to ₹44.0 Lakhs per year
Capgemini Senior Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
TCS Senior Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹29.5 Lakhs per year

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

The estimated take-home salary of a Senior Manager at State Bank of India ranges between ₹1,41,335 per month to ₹1,46,589 per month in Mumbai. The take-home salary calculation is based on the average State Bank of India Senior Manager salary in India which ranges between ₹9.0 Lakhs to ₹35.0 Lakhs per year for employees with experience between 7 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 in Mumbai?

According to AmbitionBox, 65% of the State Bank of India Senior Managers in Mumbai reported a notice period of 3 Months, 23% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
State Bank of India Salaries >
State Bank of India Senior Manager Salaries >
State Bank of India Senior Manager Salaries in Mumbai

State Bank of India Senior Manager salary in Mumbai ranges between ₹9 Lakhs to ₹35 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.