State Bank of India Senior Relationship Manager Salaries by 20+ Employees (Updated 2025)

8 - 12 years exp.

₹8.4 Lakhs - ₹30 Lakhs

Salary of majority employees

208% more than the average Senior Relationship Manager Salary in Banking Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Relationship Manager Salary 8 - 12 years exp. (14 salaries)	₹10 L/yr - ₹30 L/yr
Sales & Business Development Senior Relationship Manager Salary 9 - 11 years exp. (3 salaries)	₹8.4 L/yr - ₹18.4 L/yr
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Risk Management & Compliance Senior Relationship Manager Salary 8 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹28 L/yr

Last Updated: 8 Mar 2025

Companies similar to State Bank of India for Senior Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Relationship Manager Salary 2 - 14 years exp. (523 salaries)	₹14.1 L/yr - ₹31.3 L/yr 8% more
IndusInd Bank Senior Relationship Manager Salary 6 - 18 years exp. (235 salaries)	₹5.5 L/yr - ₹17.5 L/yr 39% less	21 job openings
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Kotak Mahindra Bank Senior Relationship Manager Salary 4 - 13 years exp. (246 salaries)	₹4.1 L/yr - ₹15.1 L/yr 47% less
HDFC Bank Senior Relationship Manager Salary 4 - 16 years exp. (201 salaries)	₹5.8 L/yr - ₹25 L/yr 16% less
Bank of Baroda Senior Relationship Manager Salary 5 - 12 years exp. (180 salaries)	₹4.4 L/yr - ₹15.1 L/yr 48% less
Axis Bank Senior Relationship Manager Salary 2 - 13 years exp. (164 salaries)	₹4.1 L/yr - ₹15.5 L/yr 46% less
Standard Chartered Senior Relationship Manager Salary 4 - 14 years exp. (150 salaries)	₹5.5 L/yr - ₹20.8 L/yr 24% less
AU Small Finance Bank Senior Relationship Manager Salary 1 - 12 years exp. (110 salaries)	₹2.4 L/yr - ₹7.5 L/yr 71% less
Yes Bank Senior Relationship Manager Salary 3 - 15 years exp. (79 salaries)	₹5.5 L/yr - ₹19.1 L/yr 28% less	2 job openings
IDFC FIRST Bank Senior Relationship Manager Salary 2 - 12 years exp. (73 salaries)	₹5.5 L/yr - ₹15.8 L/yr 43% less
Bandhan Bank Senior Relationship Manager Salary 3 - 13 years exp. (21 salaries)	₹5.9 L/yr - ₹13.8 L/yr 41% less
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Deutsche Bank Senior Relationship Manager Salary 9 - 16 years exp. (19 salaries)	₹11.2 L/yr - ₹19 L/yr 16% less
Punjab National Bank Senior Relationship Manager Salary 2 - 7 years exp. (5 salaries)	₹3.3 L/yr - ₹4.5 L/yr 77% less
IDBI Bank Senior Relationship Manager Salary 2 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 77% less
India Post Payments Bank Senior Relationship Manager Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹3.8 L/yr 81% less

Senior Relationship Manager salary at State Bank of India ranges between ₹8.4 Lakhs to ₹30 Lakhs per year for employees with experience between 8 years to 12 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 Relationship Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
8 years (5 salaries)	₹12 L/yr - ₹26.5 L/yr
9 years (3 salaries)	₹10 L/yr - ₹28.8 L/yr
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10 years (5 salaries)	₹13 L/yr - ₹27 L/yr
11 years (6 salaries)	₹8.4 L/yr - ₹27 L/yr
12 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹30 L/yr

Similar Designation salaries in State Bank of India

Relationship Manager Salary

(185 salaries)

₹2.93 L/yr - ₹12.87 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Regional Manager Salary

(18 salaries)

₹21 L/yr - ₹50 L/yr

Marketing Manager Salary

(8 salaries)

₹1 L/yr - ₹6.65 L/yr

Zonal Sales Manager Salary

(8 salaries)

₹7.5 L/yr - ₹11 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Branch Manager Salary

(290 salaries)

₹8 L/yr - ₹31.4 L/yr

Territory Manager Salary

(4 salaries)

₹4.8 L/yr - ₹11.6 L/yr

Area Sales Manager Salary

(10 salaries)

₹5.5 L/yr - ₹12.15 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹8 L/yr - ₹10.2 L/yr

Top skills at State Bank of India for Senior Relationship Manager

Banking Wealth Management Relationship Management Litigation broking Grievance Handling Reservation

Salary related reviews for State Bank of India

3.1

Rated by 5 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 Relationship Manager Salary FAQs

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

The average salary of a Senior Relationship Manager at State Bank of India in India typically ranges from ₹8.4 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Senior Relationship Manager at State Bank of India earn more than ₹27.4 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Senior Relationship 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 20+ State Bank of India employees in India.

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

The estimated take-home salary of a Senior Relationship Manager at State Bank of India in India typically ranges from ₹1,14,302 to ₹1,17,486 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 20+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Relationship Manager at State Bank of India ?

To be a Senior Relationship Manager at State Bank of India in india, the key skills required include:

- Banking
- Wealth Management
- Relationship Management
- Litigation
- broking

These skills are highly valued at State Bank of India and are crucial for successful performance in a Software Engineering role.

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

ICICI Bank

₹14.1 Lakhs to ₹31.3 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 Relationship Manager in companies similar to State Bank of India in India?

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

Deutsche Bank	₹11.2 Lakhs to ₹19.0 Lakhs per year
HDFC Bank	₹5.8 Lakhs to ₹25.0 Lakhs per year
Standard Chartered	₹5.5 Lakhs to ₹20.8 Lakhs per year
Yes Bank	₹5.5 Lakhs to ₹19.1 Lakhs per year
IndusInd Bank	₹5.5 Lakhs to ₹17.5 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 Relationship Manager at State Bank of India in India?

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

Experience	Average Salary Range
8 years	₹12.0 Lakhs to ₹26.5 Lakhs per year
9 years	₹10.0 Lakhs to ₹28.8 Lakhs per year
10 years	₹13.0 Lakhs to ₹27.0 Lakhs per year
11 years	₹8.4 Lakhs to ₹27.0 Lakhs per year

and so on.

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State Bank of India Senior Relationship Manager Salaries

State Bank of India Senior Relationship Manager salary in India ranges between ₹8.4 Lakhs to ₹30 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.