State Bank of India Team Manager Salaries by 10+ Employees (Updated 2024)

0 - 7 years exp.

₹11 Lakhs - ₹19.9 Lakhs

Salary of majority employees

32% less than the average Team Manager Salary in Banking Companies for 0 - 7 years of experience

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Last Updated: 5 Oct 2024

Companies similar to State Bank of India for Team Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Team Manager Salary 3 - 12 years exp. (140 salaries)	₹5.1 L/yr - ₹21 L/yr 7% more
HDFC Bank Team Manager Salary 5 - 13 years exp. (315 salaries)	₹4.4 L/yr - ₹13.3 L/yr 20% less
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Axis Bank Team Manager Salary 4 - 13 years exp. (113 salaries)	₹3 L/yr - ₹12.3 L/yr 31% less
Punjab National Bank Team Manager Salary 1 - 7 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr 5% more
Bank of Baroda Team Manager Salary 5 - 11 years exp. (5 salaries)	₹14 L/yr - ₹16 L/yr 33% more
Canara Bank Team Manager Salary 6 - 20 years exp. (3 salaries)	₹12 L/yr - ₹15 L/yr 24% more
Union Bank of India Team Manager Salary 5 - 6 years exp. (3 salaries)	₹9 L/yr - ₹13.2 L/yr 3% less
IDBI Bank Team Manager Salary 2 - 14 years exp. (7 salaries)	₹13 L/yr - ₹20.6 L/yr 52% more
Deutsche Bank Team Manager Salary 7 - 17 years exp. (273 salaries)	₹6 L/yr - ₹20 L/yr 20% more	1 job opening
Barclays Team Manager Salary 7 - 16 years exp. (185 salaries)	₹7.6 L/yr - ₹18 L/yr 12% more
Kotak Mahindra Bank Team Manager Salary 1 - 14 years exp. (145 salaries)	₹2 L/yr - ₹11 L/yr 42% less
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Standard Chartered Team Manager Salary 7 - 12 years exp. (93 salaries)	₹8 L/yr - ₹30 L/yr 67% more
Yes Bank Team Manager Salary 1 - 10 years exp. (71 salaries)	₹4 L/yr - ₹15 L/yr 22% less
IDFC FIRST Bank Team Manager Salary 5 - 15 years exp. (60 salaries)	₹5 L/yr - ₹18.7 L/yr 6% less
Bank of America Team Manager Salary 4 - 13 years exp. (60 salaries)	₹8.5 L/yr - ₹31.5 L/yr 75% more
IndusInd Bank Team Manager Salary 1 - 12 years exp. (43 salaries)	₹3 L/yr - ₹11 L/yr 41% less
Bandhan Bank Team Manager Salary 2 - 13 years exp. (22 salaries)	₹4.9 L/yr - ₹12 L/yr 14% less
Reserve Bank of India Team Manager Salary 0 - 4 years exp. (11 salaries)	₹14 L/yr - ₹30 L/yr 113% more
Baroda Global Shared Services Team Manager Salary 5 - 14 years exp. (6 salaries)	₹3.7 L/yr - ₹20.1 L/yr 7% more

Team Manager salary at State Bank of India ranges between ₹11 Lakhs to ₹19.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 11 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Team Manager salaries

Last Updated: 5 Oct 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹10 L/yr - ₹20 L/yr
1 year (3 salaries)	₹9.8 L/yr - ₹19 L/yr
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2 years (3 salaries)	₹4.5 L/yr - ₹14 L/yr
3 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹20 L/yr
4 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
5 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
6 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹19.9 L/yr

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Salary related reviews for State Bank of India

3.9

Rated by 10 employees for salary & benefits

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

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.

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.

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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?

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State Bank of India Team Manager Salary FAQs

What is the salary of Team Manager at State Bank of India?

Team Manager salary at State Bank of India in India ranges between ₹11.0 Lakhs to ₹19.9 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 32% less than the average Team Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Team Manager at State Bank of India is 32% less than the average salary of a Team Manager in India. To know exact salary insights, login to view.

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

Reserve Bank of India Team Manager Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
Bank of America Team Manager Salary - ₹8.5 Lakhs to ₹31.5 Lakhs per year
Standard Chartered Team Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Team Manager Salary - ₹13.0 Lakhs to ₹20.6 Lakhs per year
Bank of Baroda Team Manager Salary - ₹14.0 Lakhs to ₹16.0 Lakhs per year

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

Canara Bank Team Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Deutsche Bank Team Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Barclays Team Manager Salary - ₹7.6 Lakhs to ₹18.0 Lakhs per year
Baroda Global Shared Services Team Manager Salary - ₹3.7 Lakhs to ₹20.1 Lakhs per year
ICICI Bank Team Manager Salary - ₹5.1 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Team Manager at State Bank of India ranges between ₹79,308 per month to ₹81,371 per month in India. The take-home salary calculation is based on the average State Bank of India Team Manager salary in India which ranges between ₹11.0 Lakhs to ₹19.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Team Manager at State Bank of India?

According to AmbitionBox, 100% of the State Bank of India Team Managers reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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State Bank of India Team Manager Salaries

State Bank of India Team Manager salary in India ranges between ₹11 Lakhs to ₹19.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 State Bank of India latest salaries received from various employees of State Bank of India.