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State Bank of India Wealth Manager salaries in Bangalore / Bengaluru

Annual salary range
5 - 9 years exp.
₹5.8 Lakhs - ₹10 Lakhs
Salary of majority employees
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16% more than the average Wealth Manager Salary in Banking Companies for 5 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Wealth Manager Salary
5 - 9 years exp. (6 salaries)
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₹5.8 L/yr - ₹11.5 L/yr

Data Science & Analytics
Wealth Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹8.4 L/yr

Last Updated: 13 Dec 2024

Companies similar to State Bank of India for Wealth Manager in Bangalore / Bengaluru

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State Bank of India Wealth Manager Salary

5 - 9 years exp. (7 salaries)

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₹5.8 L/yr - ₹10 L/yr

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Company name Avg Annual Salary Open Jobs
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HDFC Bank Wealth Manager Salary

1 - 3 years exp. (7 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 48% more
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ICICI Bank Wealth Manager Salary

0 - 9 years exp. (147 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 12% less
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Axis Bank Wealth Manager Salary

6 - 10 years exp. (3 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 10% more
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Kotak Mahindra Bank Wealth Manager Salary

2 - 10 years exp. (8 salaries)

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₹5.5 L/yr - ₹13 L/yr

arrow icon 9% less
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Standard Chartered Wealth Manager Salary

2 - 3 years exp. (3 salaries)

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₹9 L/yr - ₹11.7 L/yr

arrow icon 22% more
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IDFC FIRST Bank Wealth Manager Salary

2 - 11 years exp. (7 salaries)

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₹9 L/yr - ₹14 L/yr

arrow icon 5% more
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AU Small Finance Bank Wealth Manager Salary

3 - 9 years exp. (4 salaries)

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₹5.1 L/yr - ₹10.5 L/yr

arrow icon 32% less
Wealth Manager salary at State Bank of India ranges between ₹5.8 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Wealth Manager in Bangalore / Bengaluru

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5 years exp.
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8 years exp.
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6 years exp.
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8 years exp.
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8 years exp.

Experience wise State Bank of India Wealth Manager salaries in Bangalore / Bengaluru

Last Updated: 13 Dec 2024

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹14.4 L/yr
6 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹9 L/yr
7 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
8 years  (3 salaries)

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₹6 L/yr - ₹16.5 L/yr
9 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹10 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary
(110 salaries)
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₹7 L/yr - ₹25 L/yr
Branch Manager Salary
(49 salaries)
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₹9 L/yr - ₹30 L/yr
Chief Manager Salary
(36 salaries)
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₹15 L/yr - ₹50 L/yr
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₹3.54 L/yr - ₹13.75 L/yr
Branch Head Salary
(5 salaries)
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₹13 L/yr - ₹22 L/yr

Salary related reviews for State Bank of India

1.4

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Bad
    +5 more

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.

read more
  • Skill development - Bad
    +3 more

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.

read more
  • 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.

read more
  • Company culture - Poor
    +1 more

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

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  • Work satisfaction - Bad
    +2 more

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.

read more
  • 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.

read more
  • Skill development - Bad
    +2 more
see more salary related reviews

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State Bank of India Wealth Manager Salary FAQs

What is the salary of Wealth Manager at State Bank of India Bangalore / Bengaluru?
Wealth Manager salary at State Bank of India in Bangalore / Bengaluru ranges between ₹5.8 Lakhs to ₹10.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 16% more than the average Wealth Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of State Bank of India Bangalore / Bengaluru.
How does the salary of a Wealth Manager at State Bank of India Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Wealth Manager at State Bank of India is 16% more than the average salary of a Wealth Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Wealth Manager in Bangalore / Bengaluru?
  • HDFC Bank Wealth Manager Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year
  • Standard Chartered Wealth Manager Salary - ₹9.0 Lakhs to ₹11.7 Lakhs per year
  • Axis Bank Wealth Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
  • IDFC FIRST Bank Wealth Manager Salary - ₹9.0 Lakhs to ₹14.0 Lakhs per year
What is the salary of a Wealth Manager in companies similar to State Bank of India in Bangalore / Bengaluru?
  • Kotak Mahindra Bank Wealth Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
  • ICICI Bank Wealth Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
  • AU Small Finance Bank Wealth Manager Salary - ₹5.1 Lakhs to ₹10.5 Lakhs per year
What is the estimated take home salary of a Wealth Manager at State Bank of India in Bangalore / Bengaluru?
The estimated take-home salary of a Wealth Manager at State Bank of India ranges between ₹66,571 per month to ₹68,273 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average State Bank of India Wealth Manager salary in India which ranges between ₹5.8 Lakhs to ₹10.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Wealth Manager at State Bank of India in Bangalore / Bengaluru?
According to AmbitionBox, 67% of the State Bank of India Wealth Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

State Bank of India Wealth Manager salary in Bangalore / Bengaluru ranges between ₹5.8 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 State Bank of India latest salaries received from various employees of State Bank of India.