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State Bank of India Wealth Manager salaries in Chennai (Updated 2025)

Annual salary range
4 - 6 years exp.
₹7 Lakhs - ₹9.9 Lakhs
Salary of majority employees
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19% more than the average Wealth Manager Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 7 Mar 2025

Companies similar to State Bank of India for Wealth Manager in Chennai

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State Bank of India Wealth Manager Salary

4 - 6 years exp. (4 salaries)

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₹7 L/yr - ₹9.9 L/yr

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

0 - 13 years exp. (44 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 10% less
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Bank of Baroda Wealth Manager Salary

4 - 9 years exp. (6 salaries)

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₹6.5 L/yr - ₹10.3 L/yr

arrow icon 11% less
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IDFC FIRST Bank Wealth Manager Salary

2 - 8 years exp. (4 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 1% less
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ICICI Securities Wealth Manager Salary

0 - 6 years exp. (11 salaries)

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₹5 L/yr - ₹6.5 L/yr

arrow icon 30% less
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Dvara KGFS Wealth Manager Salary

0 - 5 years exp. (10 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 74% less
Wealth Manager salary at State Bank of India ranges between ₹7 Lakhs to ₹9.9 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Wealth Manager in Chennai

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6 years exp.
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5 years exp.
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5 years exp.
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4 years exp.

Experience wise State Bank of India Wealth Manager salaries in Chennai

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹7 L/yr - ₹14.1 L/yr
5 years (AmbitionBox Estimate)

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₹7 L/yr - ₹14.7 L/yr
6 years (AmbitionBox Estimate)

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₹7.6 L/yr - ₹15.3 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary
(50 salaries)
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₹8 L/yr - ₹25 L/yr
Branch Manager Salary
(19 salaries)
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₹9.53 L/yr - ₹27 L/yr
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₹5.43 L/yr - ₹15.37 L/yr
Chief Manager Salary
(14 salaries)
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₹14.5 L/yr - ₹50 L/yr

Salary related reviews for State Bank of India

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.

read more
  • 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.

read more
  • Work-life balance - Bad

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

read more
  • Work satisfaction - Bad
  • +2 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 in Chennai?
The average salary of a Wealth Manager at State Bank of India in Chennai typically ranges from ₹7.0 Lakhs to ₹9.9 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Wealth Manager in Chennai at State Bank of India earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. Wealth 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 Wealth Manager at State Bank of India in Chennai?
The estimated take-home salary of a Wealth Manager at State Bank of India in Chennai typically ranges from ₹64,759 to ₹66,410 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹9.9 Lakhs per year for employees with experience ranging from 4 years to 6 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.
What is the salary of a Wealth Manager in companies similar to State Bank of India in Chennai?
The salary of a Wealth Manager at companies similar to State Bank of India in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹7.5 Lakhs to ₹12.0 Lakhs per year
ICICI Bank ₹4.0 Lakhs to ₹13.0 Lakhs per year
Bank of Baroda ₹6.5 Lakhs to ₹10.3 Lakhs per year
ICICI Securities ₹5.0 Lakhs to ₹6.5 Lakhs per year
Dvara KGFS ₹1.5 Lakhs to ₹3.0 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 Wealth Manager at State Bank of India in Chennai?
The salary growth for a Wealth Manager at State Bank of India in Chennai depends on factors such as experience, performance, and promotions. On average, a Wealth Manager in Chennai can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
4 years ₹7.0 Lakhs to ₹14.1 Lakhs per year
5 years ₹7.0 Lakhs to ₹14.7 Lakhs per year
6 years ₹7.6 Lakhs to ₹15.3 Lakhs per year
and so on.

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State Bank of India Wealth Manager salary in Chennai ranges between ₹7 Lakhs to ₹9.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.