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State Bank of India Wealth Manager salaries in Indore

Annual salary range
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₹7 Lakhs - ₹9.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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28% more than the average Wealth Manager Salary in Banking Companies for 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Wealth Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹9.9 L/yr

Customer Success, Service & Operations
Wealth Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹10.1 L/yr

Data Science & Analytics
Wealth Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.4 L/yr

Last Updated: 15 Nov 2023

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

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State Bank of India Wealth Manager Salary

5 years exp. (3 salaries)

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₹7 L/yr - ₹9.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Globe Capital Market Wealth Manager Salary

1 - 6 years exp. (5 salaries)

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₹2.4 L/yr - ₹3.7 L/yr

arrow icon 62% less
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₹3 L/yr - ₹5.1 L/yr

arrow icon 56% less
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N Liven Technologies Wealth Manager Salary

3 - 5 years exp. (3 salaries)

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₹5.4 L/yr - ₹6.9 L/yr

arrow icon 29% less
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Swastika Investmart Wealth Manager Salary

3 - 5 years exp. (3 salaries)

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₹3 L/yr - ₹3.3 L/yr

arrow icon 63% less
Wealth Manager salary at State Bank of India ranges between ₹7 Lakhs to ₹9.7 Lakhs per year for employees with 5 years of experience. Salary estimates are based on 3 latest salaries received from various employees of State Bank of India.

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

1y ago
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5 years exp.
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5 years exp.
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5 years exp.

Experience wise State Bank of India Wealth Manager salaries in Indore

Last Updated: 15 Nov 2023

Experience Avg Annual Salary
5 years  (3 salaries)

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₹7 L/yr - ₹13.8 L/yr

Similar Designation salaries in State Bank of India

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₹6.5 L/yr - ₹12 L/yr
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₹4.43 L/yr - ₹9.9 L/yr

Salary related reviews for State Bank of India

2.0

Rated by 1 employees for salary & benefits

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

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.

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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.

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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.

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Full Time

 · 

Other Department

3.0
  •  posted on 28 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

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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Full Time

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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.

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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.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Aug 2023

4.0
 for  Salary and Benefits

Likes

Job Safety. Monthly Salary is fixed with regular Annual increments. No NIGHT duties (except for certain specific duties). Compensation for Medical Expenditures for Self + Family. Loans at Simple Interest Rate structure.

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Dislikes

Deal with public at raw and other unscrupulous individuals. Complicated work process and procedures that are convoluted. Lack of standardisation in procedures and actions. Lack of Work-life Balance. Toxic and Unprofessional Work Culture. Prevalence of use of abusive language and incivil behaviour from higher officials and auditors. Environment of intimidation and suppression. Prevalence of trade unions and Netagiri. Arbitrariness and randoness in posting orders, transfers, promotions and allotment for foreign assignments. Nepotism, favouritism with lesser regard for merit. Adoption of a two tumbler system for identical cases. No learning in job with no leadership qualities earned. Sub-standard training programmes. Unsymmetrical work load with parity in entirely. Ownership feeling missing among higher officials. A Hard Working employee retirement goes unnoticed; whereas Inquilab Zindabad community (which disrupts Bank functioning and brings negative image) gets a warm send off from the top management.

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State Bank of India Wealth Manager Salary FAQs

What is the notice period for Wealth Manager at State Bank of India in Indore?
According to AmbitionBox, 100% of the State Bank of India Wealth Managers in Indore reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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State Bank of India Wealth Manager salary in Indore ranges between ₹7 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 State Bank of India latest salaries received from various employees of State Bank of India.