State Bank of India Territory Manager Salaries by 4 Employees (Updated 2025)

4 - 19 years exp.

₹4.8 Lakhs - ₹11.7 Lakhs

Low Confidence

Salary of majority employees

At par with the average Territory Manager Salary in Banking Companies for 4 - 19 years of experience

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Salaries in different departments

Sales & Business Development Territory Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹8.1 L/yr
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BFSI, Investments & Trading Territory Manager Salary 15 years exp. (AmbitionBox Estimate)	₹10.5 L/yr - ₹12.8 L/yr

Last Updated: 14 Feb 2025

Companies similar to State Bank of India for Territory Manager

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Territory Manager Salary 1 - 13 years exp. (762 salaries)	₹3.9 L/yr - ₹14 L/yr 15% more	13 job openings
Kotak Mahindra Bank Territory Manager Salary 5 - 15 years exp. (54 salaries)	₹5.6 L/yr - ₹15.5 L/yr 41% more
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HDFC Bank Territory Manager Salary 2 - 14 years exp. (18 salaries)	₹10.4 L/yr - ₹19.2 L/yr 58% more
Bandhan Bank Territory Manager Salary 6 - 19 years exp. (18 salaries)	₹6.1 L/yr - ₹22.2 L/yr 83% more
IndusInd Bank Territory Manager Salary 11 - 15 years exp. (5 salaries)	₹6.5 L/yr - ₹7.2 L/yr 2% less
ICICI Bank Territory Manager Salary 4 - 15 years exp. (5 salaries)	₹4.1 L/yr - ₹9.5 L/yr 5% less
Yes Bank Territory Manager Salary 1 - 14 years exp. (4 salaries)	₹2.4 L/yr - ₹11.4 L/yr 21% less
Bank of Baroda Territory Manager Salary 8 - 13 years exp. (4 salaries)	₹5.3 L/yr - ₹9 L/yr 6% more
India Post Payments Bank Territory Manager Salary 1 - 7 years exp. (4 salaries)	₹5.3 L/yr - ₹9.5 L/yr 3% more
AU Small Finance Bank Territory Manager Salary 7 - 10 years exp. (3 salaries)	₹4.9 L/yr - ₹7 L/yr 17% less

Territory Manager salary at State Bank of India ranges between ₹4.8 Lakhs to ₹11.7 Lakhs per year for employees with experience between 4 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Territory Manager salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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15+ years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr

Similar Designation salaries in State Bank of India

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(AmbitionBox Estimate)

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Area Manager Salary

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₹8 L/yr - ₹10.2 L/yr

Area Sales Manager Salary

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₹5.5 L/yr - ₹12.15 L/yr

Sales Manager Salary

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Senior Sales Manager Salary

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₹8.1 L/yr - ₹10.4 L/yr

Relationship Manager Salary

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₹2.93 L/yr - ₹12.87 L/yr

Team Lead Salary

(49 salaries)

₹1.8 L/yr - ₹5 L/yr

Assistant Sales Manager Salary

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₹3.7 L/yr - ₹19.14 L/yr

Sales Officer Salary

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₹1.55 L/yr - ₹3.5 L/yr

Salary related reviews for State Bank of India

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

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

Job security - Good

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.

Salary - Poor

+4 more

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State Bank of India Territory Manager Salary FAQs

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

The average salary of a Territory Manager at State Bank of India in India typically ranges from ₹4.8 Lakhs to ₹11.7 Lakhs per year, depending on experience (from 4 years to 19 years).

The top 10% of Territory Manager at State Bank of India earn more than ₹11.7 Lakhs per year, and the top 1% earn over ₹11.7 Lakhs per year. Territory 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 4 State Bank of India employees in India.

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

The estimated take-home salary of a Territory Manager at State Bank of India in India typically ranges from ₹54,497 to ₹55,858 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹11.7 Lakhs per year for employees with experience ranging from 4 years to 19 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 4 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 Territory Manager in India?

Bandhan Bank	₹6.1 Lakhs to ₹22.2 Lakhs per year
HDFC Bank	₹10.4 Lakhs to ₹19.2 Lakhs per year
Kotak Mahindra Bank	₹5.6 Lakhs to ₹15.5 Lakhs per year
IDFC FIRST Bank	₹3.9 Lakhs to ₹14.0 Lakhs per year
Bank of Baroda	₹5.3 Lakhs to ₹9.0 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 Territory Manager in companies similar to State Bank of India in India?

The salary of a Territory 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:

India Post Payments Bank	₹5.3 Lakhs to ₹9.5 Lakhs per year
IndusInd Bank	₹6.5 Lakhs to ₹7.2 Lakhs per year
ICICI Bank	₹4.1 Lakhs to ₹9.5 Lakhs per year
AU Small Finance Bank	₹4.9 Lakhs to ₹7.0 Lakhs per year
Yes Bank	₹2.4 Lakhs to ₹11.4 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 Territory Manager at State Bank of India in India?

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

Experience	Average Salary Range
4 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
7 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
15 years	₹7.4 Lakhs to ₹9.4 Lakhs per year

and so on.

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State Bank of India Territory Manager Salaries

State Bank of India Territory Manager salary in India ranges between ₹4.8 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.