State Bank of India Wealth Manager Salaries by 40+ Employees (Updated 2025)

4 - 10 years exp.

₹5.5 Lakhs - ₹15 Lakhs

Salary of majority employees

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24% more than the average Wealth Manager Salary in Banking Companies for 4 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Wealth Manager Salary 4 - 10 years exp. (29 salaries)	Unlock ₹5.5 L/yr - ₹14 L/yr
Customer Success, Service & Operations Wealth Manager Salary 5 - 10 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹15 L/yr
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Data Science & Analytics Wealth Manager Salary 5 - 8 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹11.5 L/yr
Finance & Accounting Wealth Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	Unlock ₹7.5 L/yr - ₹9 L/yr
Sales & Business Development Wealth Manager Salary 4 - 8 years exp. (AmbitionBox Estimate)	Unlock ₹8.6 L/yr - ₹10.5 L/yr

Last Updated: 7 Mar 2025

Companies similar to State Bank of India for Wealth Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Wealth Manager Salary 0 - 3 years exp. (40 salaries)	Unlock ₹7.5 L/yr - ₹23 L/yr 48% more
ICICI Bank Wealth Manager Salary 0 - 13 years exp. (972 salaries)	Unlock ₹3.5 L/yr - ₹14.5 L/yr 11% less
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Axis Bank Wealth Manager Salary 3 - 11 years exp. (19 salaries)	Unlock ₹7.5 L/yr - ₹12.6 L/yr 6% more
Kotak Mahindra Bank Wealth Manager Salary 2 - 11 years exp. (14 salaries)	Unlock ₹5.5 L/yr - ₹13 L/yr 11% less
Aditya Birla Capital Wealth Manager Salary 1 - 6 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹6.3 L/yr 50% less
Standard Chartered Wealth Manager Salary 2 - 9 years exp. (15 salaries)	Unlock ₹7.5 L/yr - ₹21 L/yr 47% more
HSBC Group Wealth Manager Salary 0 - 12 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹10 L/yr 3% less
Bank of Baroda Wealth Manager Salary 4 - 9 years exp. (75 salaries)	Unlock ₹4.2 L/yr - ₹13 L/yr 15% less
IDFC FIRST Bank Wealth Manager Salary 0 - 11 years exp. (51 salaries)	Unlock ₹6 L/yr - ₹14 L/yr 3% less
IndusInd Bank Wealth Manager Salary 5 - 16 years exp. (36 salaries)	Unlock ₹5.6 L/yr - ₹22.1 L/yr 49% more
Yes Bank Wealth Manager Salary 2 - 10 years exp. (20 salaries)	Unlock ₹5.5 L/yr - ₹15.4 L/yr 11% more
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AU Small Finance Bank Wealth Manager Salary 3 - 11 years exp. (20 salaries)	Unlock ₹4.6 L/yr - ₹10.5 L/yr 29% less
Deutsche Bank Wealth Manager Salary 3 - 18 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹15 L/yr 15% more

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Wealth Manager salary at State Bank of India ranges between ₹5.5 Lakhs to ₹15 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 40 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Wealth Manager

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8 years exp.

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5 years exp.

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7 years exp.

9mo ago

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5 years exp.

9mo ago

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10 years exp.

1y ago

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5 years exp.

1y ago

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5 years exp.

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8 years exp.

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5 years exp.

Experience wise State Bank of India Wealth Manager salaries

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
4 years (3 salaries)	Unlock ₹5.5 L/yr - ₹9.3 L/yr
5 years (8 salaries)	Unlock ₹5.8 L/yr - ₹9 L/yr
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6 years (7 salaries)	Unlock ₹6 L/yr - ₹9.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹6.1 L/yr - ₹16.5 L/yr
8 years (10 salaries)	Unlock ₹6 L/yr - ₹11.5 L/yr
9 years (6 salaries)	Unlock ₹8 L/yr - ₹15 L/yr
10 years (4 salaries)	Unlock ₹8.2 L/yr - ₹15 L/yr

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Salary related reviews for State Bank of India

2.8

Rated by 11 employees for salary & benefits

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

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.

Job security - Excellent

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.

Skill development - Bad

+2 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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State Bank of India Wealth Manager Salary FAQs

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

Wealth Manager salary at State Bank of India in India ranges between ₹5.5 Lakhs to ₹15.0 Lakhs for experience between 4 years to 10 years. According to our estimates it is 24% more than the average Wealth Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Wealth Manager at State Bank of India is 24% more than the average salary of a Wealth Manager in India. To know exact salary insights, login to view.

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

IndusInd Bank Wealth Manager Salary - ₹5.6 Lakhs to ₹22.1 Lakhs per year
HDFC Bank Wealth Manager Salary - ₹7.5 Lakhs to ₹23.0 Lakhs per year
Standard Chartered Wealth Manager Salary - ₹7.5 Lakhs to ₹21.0 Lakhs per year
Deutsche Bank Wealth Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Yes Bank Wealth Manager Salary - ₹5.5 Lakhs to ₹15.4 Lakhs per year

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

Axis Bank Wealth Manager Salary - ₹7.5 Lakhs to ₹12.6 Lakhs per year
HSBC Group Wealth Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
IDFC FIRST Bank Wealth Manager Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Wealth Manager Salary - ₹3.5 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Bank Wealth Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Wealth Manager at State Bank of India ranges between ₹66,549 per month to ₹68,251 per month in India. The take-home salary calculation is based on the average State Bank of India Wealth Manager salary in India which ranges between ₹5.5 Lakhs to ₹15.0 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the State Bank of India Wealth Managers reported a notice period of 3 Months, 9% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

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State Bank of India Wealth Manager Salaries

State Bank of India Wealth Manager salary in India ranges between ₹5.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 State Bank of India latest salaries received from various employees of State Bank of India.