State Bank of India New Delhi Senior Manager Salaries by 10+ Employees

6 - 15 years exp.

₹13.8 Lakhs - ₹26 Lakhs

Salary of majority employees

At par with the average Senior Manager Salary in Banking Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 9 - 14 years exp. (6 salaries)	₹14 L/yr - ₹26 L/yr
Customer Success, Service & Operations Senior Manager Salary 10 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹21.9 L/yr
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Finance & Accounting Senior Manager Salary 11 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹21.5 L/yr

Last Updated: 15 Sep 2024

Companies similar to State Bank of India for Senior Manager in New Delhi

State Bank of India Senior Manager Salary

6 - 15 years exp. (12 salaries)

₹13.8 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (816 salaries)	₹7 L/yr - ₹24 L/yr 30% less
Axis Bank Senior Manager Salary 3 - 21 years exp. (531 salaries)	₹8 L/yr - ₹23.4 L/yr 26% less	2 job openings
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Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (458 salaries)	₹6.5 L/yr - ₹21 L/yr 42% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (393 salaries)	₹6.5 L/yr - ₹21.1 L/yr 40% less
ICICI Bank Senior Manager Salary 2 - 20 years exp. (247 salaries)	₹8.9 L/yr - ₹28 L/yr 16% less
IDFC FIRST Bank Senior Manager Salary 3 - 17 years exp. (133 salaries)	₹7.8 L/yr - ₹22 L/yr 33% less
Bank of America Senior Manager Salary 8 - 18 years exp. (103 salaries)	₹17.8 L/yr - ₹46 L/yr 50% more	3 job openings
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (77 salaries)	₹5 L/yr - ₹19.9 L/yr 40% less
Bank of Baroda Senior Manager Salary 8 - 16 years exp. (59 salaries)	₹9.6 L/yr - ₹30 L/yr 6% more
Punjab National Bank Senior Manager Salary 7 - 13 years exp. (52 salaries)	₹12 L/yr - ₹38 L/yr 2% more
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (43 salaries)	₹6 L/yr - ₹19.2 L/yr 42% less	6 job openings
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Canara Bank Senior Manager Salary 8 - 14 years exp. (38 salaries)	₹8.8 L/yr - ₹30 L/yr 1% more
Bandhan Bank Senior Manager Salary 6 - 17 years exp. (27 salaries)	₹9 L/yr - ₹17 L/yr 38% less
Union Bank of India Senior Manager Salary 8 - 14 years exp. (26 salaries)	₹10.5 L/yr - ₹28 L/yr 2% more
Indian Overseas Bank Senior Manager Salary 10 - 15 years exp. (11 salaries)	₹12.5 L/yr - ₹25 L/yr 4% less
Bank of India Senior Manager Salary 9 - 12 years exp. (10 salaries)	₹12 L/yr - ₹21.2 L/yr At par
Indian Bank Senior Manager Salary 8 - 13 years exp. (10 salaries)	₹12 L/yr - ₹27 L/yr 4% more
Central Bank of India Senior Manager Salary 8 - 12 years exp. (9 salaries)	₹11 L/yr - ₹20 L/yr 9% less
India Post Payments Bank Senior Manager Salary 12 - 17 years exp. (6 salaries)	₹20 L/yr - ₹26.4 L/yr 12% more
Sberbank Branch in India Senior Manager Salary 5 - 12 years exp. (5 salaries)	₹13.2 L/yr - ₹21 L/yr 20% less

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Senior Manager salary at State Bank of India ranges between ₹13.8 Lakhs to ₹26 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 12 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Senior Manager salaries in New Delhi

Last Updated: 15 Sep 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
7 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.2 L/yr
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8 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
9 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.7 L/yr
10 years (4 salaries)	₹14 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
12 years (AmbitionBox Estimate)	₹19.1 L/yr - ₹24.5 L/yr
13 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.7 L/yr
14 years (AmbitionBox Estimate)	₹19.5 L/yr - ₹25 L/yr
15+ years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr

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Similar Designation salaries in State Bank of India

Deputy Manager Salary

(66 salaries)

₹7.5 L/yr - ₹25 L/yr

Branch Manager Salary

(20 salaries)

₹9 L/yr - ₹35 L/yr

Sales Manager Salary

(3 salaries)

₹3.2 L/yr - ₹5 L/yr

Salary related reviews for State Bank of India

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 20 Mar 2025

4.0

for Salary and Benefits

Likes

...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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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State Bank of India Senior Manager Salary FAQs

What is the salary of Senior Manager at State Bank of India in New Delhi?

The average salary of a Senior Manager at State Bank of India in New Delhi typically ranges from ₹13.8 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Senior Manager in New Delhi at State Bank of India earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Senior Manager Salaries at State Bank of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ State Bank of India employees in India.

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

The estimated take-home salary of a Senior Manager at State Bank of India in New Delhi typically ranges from ₹1,36,096 to ₹1,41,113 per month. This is based on the average salary range of ₹13.8 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 6 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than State Bank of India for Senior Manager in India?

Bank of America	₹17.8 Lakhs to ₹46.0 Lakhs per year
India Post Payments Bank	₹20.0 Lakhs to ₹26.4 Lakhs per year
Bank of Baroda	₹9.6 Lakhs to ₹30.0 Lakhs per year
Chase Bank	₹18.0 Lakhs to ₹26.0 Lakhs per year
Indian Bank	₹12.0 Lakhs to ₹27.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by State Bank of India, depending on the role and experience level.

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

The salary of a Senior Manager at companies similar to State Bank of India in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India	₹10.5 Lakhs to ₹28.0 Lakhs per year
Punjab National Bank	₹12.0 Lakhs to ₹38.0 Lakhs per year
Canara Bank	₹8.8 Lakhs to ₹30.0 Lakhs per year
Bank of India	₹12.0 Lakhs to ₹21.2 Lakhs per year
Indian Overseas Bank	₹12.5 Lakhs to ₹25.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager at State Bank of India in New Delhi?

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

Experience	Average Salary Range
6 years	₹17.9 Lakhs to ₹22.9 Lakhs per year
7 years	₹18.1 Lakhs to ₹23.2 Lakhs per year
8 years	₹18.3 Lakhs to ₹23.4 Lakhs per year
9 years	₹18.5 Lakhs to ₹23.7 Lakhs per year

and so on.

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State Bank of India Senior Manager Salaries in New Delhi

State Bank of India Senior Manager salary in New Delhi ranges between ₹13.8 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 State Bank of India latest salaries received from various employees of State Bank of India.