State Bank of India Team Manager Salaries by 7 Employees

0 - 12 years exp.

₹9.8 Lakhs - ₹15.7 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Team Manager Salary in Banking Companies for 0 - 12 years of experience

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Last Updated: 13 May 2023

Companies similar to State Bank of India for Team Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Team Manager Salary 5 - 13 years exp. (341 salaries)	₹3.8 L/yr - ₹14.3 L/yr 27% less	1 job opening
Deutsche Bank Team Manager Salary 7 - 16 years exp. (267 salaries)	₹6 L/yr - ₹22.5 L/yr 10% more
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Barclays Team Manager Salary 5 - 16 years exp. (210 salaries)	₹8 L/yr - ₹18 L/yr At par
ICICI Bank Team Manager Salary 1 - 15 years exp. (160 salaries)	₹8 L/yr - ₹19.1 L/yr 12% less
Kotak Mahindra Bank Team Manager Salary 1 - 11 years exp. (131 salaries)	₹1.3 L/yr - ₹8.9 L/yr 52% less
Standard Chartered Team Manager Salary 5 - 15 years exp. (126 salaries)	₹9.1 L/yr - ₹30 L/yr 47% more
Axis Bank Team Manager Salary 4 - 12 years exp. (89 salaries)	₹3 L/yr - ₹13.5 L/yr 39% less
IDFC FIRST Bank Team Manager Salary 2 - 15 years exp. (59 salaries)	₹4.2 L/yr - ₹15 L/yr 23% less
IndusInd Bank Team Manager Salary 1 - 12 years exp. (40 salaries)	₹3.3 L/yr - ₹12.8 L/yr 38% less
Bank of America Team Manager Salary 4 - 16 years exp. (40 salaries)	₹12 L/yr - ₹29.6 L/yr 51% more
Yes Bank Team Manager Salary 4 - 10 years exp. (39 salaries)	₹3.5 L/yr - ₹12.8 L/yr 34% less
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Bandhan Bank Team Manager Salary 1 year exp. (36 salaries)	₹9.3 L/yr - ₹13.5 L/yr 6% more
AU Small Finance Bank Team Manager Salary 4 - 10 years exp. (25 salaries)	₹2.1 L/yr - ₹10.3 L/yr 55% less
Reserve Bank of India Team Manager Salary 0 - 4 years exp. (7 salaries)	₹14 L/yr - ₹40 L/yr 134% more
IDBI Bank Team Manager Salary 5 - 14 years exp. (5 salaries)	₹13 L/yr - ₹20.6 L/yr 34% more
Bank of Baroda Team Manager Salary 5 - 11 years exp. (5 salaries)	₹14 L/yr - ₹16 L/yr 20% more
Punjab National Bank Team Manager Salary 1 - 7 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr 5% less
Indian Bank Team Manager Salary 3 - 11 years exp. (4 salaries)	₹5.5 L/yr - ₹18.4 L/yr 12% less
Canara Bank Team Manager Salary 6 - 20 years exp. (3 salaries)	₹12 L/yr - ₹15 L/yr 12% more
Union Bank of India Team Manager Salary 5 - 6 years exp. (3 salaries)	₹9 L/yr - ₹13.2 L/yr 12% less

Team Manager salary at State Bank of India ranges between ₹9.8 Lakhs to ₹15.7 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 7 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Team Manager salaries

Last Updated: 13 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.5 L/yr - ₹15.9 L/yr
1 year (AmbitionBox Estimate)	₹3.8 L/yr - ₹14 L/yr
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2 years (AmbitionBox Estimate)	₹4 L/yr - ₹14 L/yr
3 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
4 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.4 L/yr
6 years (AmbitionBox Estimate)	₹11 L/yr - ₹14.1 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹20 L/yr
8 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
9 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
10 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.7 L/yr
11 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹28 L/yr

View all

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Salary related reviews for State Bank of India

3.7

Rated by 11 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 Team Manager Salary FAQs

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

The average salary of a Team Manager at State Bank of India in India typically ranges from ₹9.8 Lakhs to ₹15.7 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Team Manager at State Bank of India earn more than ₹26.4 Lakhs per year, and the top 1% earn over ₹28.0 Lakhs per year. Team 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 7 State Bank of India employees in India.

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 in India typically ranges from ₹87,017 to ₹89,298 per month. This is based on the average salary range of ₹9.8 Lakhs to ₹15.7 Lakhs per year for employees with experience ranging from Fresher 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 7 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 Manager in India?

Reserve Bank of India	₹14.0 Lakhs to ₹40.0 Lakhs per year
Bank of America	₹12.0 Lakhs to ₹29.6 Lakhs per year
Standard Chartered	₹9.1 Lakhs to ₹30.0 Lakhs per year
IDBI Bank	₹13.0 Lakhs to ₹20.6 Lakhs per year
Bank of Baroda	₹14.0 Lakhs to ₹16.0 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 Manager in companies similar to State Bank of India in India?

The salary of a Team 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:

Canara Bank	₹12.0 Lakhs to ₹15.0 Lakhs per year
Deutsche Bank	₹6.0 Lakhs to ₹22.5 Lakhs per year
Bandhan Bank	₹9.3 Lakhs to ₹13.5 Lakhs per year
Barclays	₹8.0 Lakhs to ₹18.0 Lakhs per year
Punjab National Bank	₹7.0 Lakhs to ₹14.0 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 Manager at State Bank of India in India?

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

Experience	Average Salary Range
Fresher	₹3.5 Lakhs to ₹15.9 Lakhs per year
1 year	₹3.8 Lakhs to ₹14.0 Lakhs per year
2 years	₹4.0 Lakhs to ₹14.0 Lakhs per year
3 years	₹9.5 Lakhs to ₹12.1 Lakhs per year

and so on.

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State Bank of India Team Manager Salaries

State Bank of India Team Manager salary in India ranges between ₹9.8 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 State Bank of India latest salaries received from various employees of State Bank of India.