State Bank of India Chennai Team Lead Salaries by 10 Employees (Updated 2025)

1 - 5 years exp.

₹1.8 Lakh - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

62% less than the average Team Lead Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

IT & Information Security Team Lead Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.1 L/yr
Customer Success, Service & Operations Team Lead Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Human Resources Team Lead Salary 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.9 L/yr
Sales & Business Development Team Lead Salary 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

Last Updated: 10 Mar 2025

Companies similar to State Bank of India for Team Lead in Chennai

State Bank of India Team Lead Salary

1 - 5 years exp. (10 salaries)

₹1.8 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Team Lead Salary 1 - 14 years exp. (1.4k salaries)	₹4 L/yr - ₹10 L/yr 106% more
ICICI Bank Team Lead Salary 1 - 12 years exp. (65 salaries)	₹1.1 L/yr - ₹9.4 L/yr 57% more
Login to view exact salary
HDFC Bank Team Lead Salary 1 - 12 years exp. (30 salaries)	₹1.7 L/yr - ₹10 L/yr 56% more	2 job openings
Barclays Team Lead Salary 6 - 11 years exp. (27 salaries)	₹5.2 L/yr - ₹22.5 L/yr 271% more
IndusInd Bank Team Lead Salary 1 - 11 years exp. (26 salaries)	₹2.3 L/yr - ₹7.6 L/yr 43% more	6 job openings
Yes Bank Team Lead Salary 2 - 10 years exp. (18 salaries)	₹1.8 L/yr - ₹7.5 L/yr 13% more
Axis Bank Team Lead Salary 1 - 10 years exp. (18 salaries)	₹2 L/yr - ₹5 L/yr 6% more	2 job openings
Kotak Mahindra Bank Team Lead Salary 2 - 8 years exp. (16 salaries)	₹2 L/yr - ₹6.8 L/yr 11% more
IDFC FIRST Bank Team Lead Salary 2 - 9 years exp. (8 salaries)	₹1.8 L/yr - ₹6.7 L/yr 39% more
The World Bank Team Lead Salary 12 - 25 years exp. (3 salaries)	₹12 L/yr - ₹40 L/yr 587% more

Team Lead salary at State Bank of India ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 10 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Team Lead salaries in Chennai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.8 L/yr - ₹5.7 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (3 salaries)	₹3 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(50 salaries)

₹8 L/yr - ₹25 L/yr

Branch Manager Salary

(21 salaries)

₹9.98 L/yr - ₹27 L/yr

Senior Associate Salary

(5 salaries)

₹5 L/yr - ₹9 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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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 Team Lead Salary FAQs

What is the salary of Team Lead at State Bank of India in Chennai?

The average salary of a Team Lead at State Bank of India in Chennai typically ranges from ₹1.8 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Team Lead in Chennai at State Bank of India earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Team Lead 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 Team Lead at State Bank of India in Chennai?

The estimated take-home salary of a Team Lead at State Bank of India in Chennai typically ranges from ₹25,449 to ₹26,881 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 Team Lead in India?

The World Bank	₹12.0 Lakhs to ₹40.0 Lakhs per year
Barclays	₹5.2 Lakhs to ₹22.5 Lakhs per year
Standard Chartered	₹4.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank	₹1.1 Lakhs to ₹9.4 Lakhs per year
HDFC Bank	₹1.7 Lakhs to ₹10.0 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 Team Lead in companies similar to State Bank of India in Chennai?

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

IndusInd Bank	₹2.3 Lakhs to ₹7.6 Lakhs per year
IDFC FIRST Bank	₹1.8 Lakhs to ₹6.7 Lakhs per year
Yes Bank	₹1.8 Lakhs to ₹7.5 Lakhs per year
Kotak Mahindra Bank	₹2.0 Lakhs to ₹6.8 Lakhs per year
Axis Bank	₹2.0 Lakhs to ₹5.0 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 Team Lead at State Bank of India in Chennai?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹5.7 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.0 Lakhs to ₹5.0 Lakhs per year

and so on.

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State Bank of India Team Lead Salaries in Chennai

State Bank of India Team Lead salary in Chennai ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 State Bank of India latest salaries received from various employees of State Bank of India.