State Bank of India Zonal Manager Salaries by 4 Employees (Updated 2024)

3 - 7 years exp.

₹3 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

66% less than the average Zonal Manager Salary in Banking Companies for 3 - 7 years of experience

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Salaries in different departments

Sales & Business Development Zonal Manager Salary 4 - 7 years exp. (3 salaries)	₹5.5 L/yr - ₹6.5 L/yr
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Aviation & Aerospace Zonal Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 17 Sep 2024

Companies similar to State Bank of India for Zonal Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Zonal Manager Salary 9 - 29 years exp. (24 salaries)	₹13 L/yr - ₹36 L/yr 399% more
HDFC Bank Zonal Manager Salary 13 - 15 years exp. (4 salaries)	₹7.8 L/yr - ₹12 L/yr 70% more
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Axis Bank Zonal Manager Salary 10 - 25 years exp. (7 salaries)	₹12 L/yr - ₹32.4 L/yr 257% more
Bank of India Zonal Manager Salary 31 - 32 years exp. (3 salaries)	₹20 L/yr - ₹30 L/yr 420% more
IndusInd Bank Zonal Manager Salary 15 - 19 years exp. (6 salaries)	₹13 L/yr - ₹30.5 L/yr 295% more
Kotak Mahindra Bank Zonal Manager Salary 18 - 25 years exp. (6 salaries)	₹26.5 L/yr - ₹39.7 L/yr 637% more
Yes Bank Zonal Manager Salary 8 - 18 years exp. (4 salaries)	₹27 L/yr - ₹40 L/yr 561% more

Zonal Manager salary at State Bank of India ranges between ₹3 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Zonal Manager salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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5 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in State Bank of India

Regional Manager Salary

(19 salaries)

₹21 L/yr - ₹76.4 L/yr

General Manager Salary

(42 salaries)

₹22.4 L/yr - ₹71.5 L/yr

Sales Manager Salary

(18 salaries)

₹2 L/yr - ₹5 L/yr

Zonal Sales Manager Salary

(9 salaries)

₹4.4 L/yr - ₹11 L/yr

Deputy Manager Salary

(658 salaries)

₹7.13 L/yr - ₹28 L/yr

Zonal Head Sales Salary

(AmbitionBox Estimate)

₹50.3 L/yr - ₹55.7 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Area Sales Manager Salary

(10 salaries)

₹5.5 L/yr - ₹12.15 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Regional Head Salary

(4 salaries)

₹15 L/yr - ₹24 L/yr

Salary related reviews for State Bank of India

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

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.

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.

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.

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

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

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

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.

Deputy Manager in Visnagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Apr 2023

4.0

for Salary and Benefits

Likes

Salary and perks are good

Dislikes

You have to work 12 hours a day, management pressure, you have to work on Sunday and holiday also, due to staff shortage you can't get leave on occasion. You can't give time to your family.

see more salary related reviews

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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State Bank of India Zonal Manager Salary FAQs

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

Zonal Manager salary at State Bank of India in India ranges between ₹3.0 Lakhs to ₹6.5 Lakhs for experience between 3 years to 7 years. According to our estimates it is 66% less than the average Zonal Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Zonal Manager at State Bank of India is 66% less than the average salary of a Zonal Manager in India. To know exact salary insights, login to view.

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

Kotak Mahindra Bank Zonal Manager Salary - ₹26.5 Lakhs to ₹39.7 Lakhs per year
Yes Bank Zonal Manager Salary - ₹27.0 Lakhs to ₹40.0 Lakhs per year
Bank of India Zonal Manager Salary - ₹20.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Zonal Manager Salary - ₹13.0 Lakhs to ₹36.0 Lakhs per year
IndusInd Bank Zonal Manager Salary - ₹13.0 Lakhs to ₹30.5 Lakhs per year

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

Axis Bank Zonal Manager Salary - ₹12.0 Lakhs to ₹32.4 Lakhs per year
HDFC Bank Zonal Manager Salary - ₹7.8 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Zonal Manager at State Bank of India ranges between ₹38,568 per month to ₹39,754 per month in India. The take-home salary calculation is based on the average State Bank of India Zonal Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the State Bank of India Zonal Managers 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 Zonal Manager Salaries

State Bank of India Zonal Manager salary in India ranges between ₹3 Lakhs to ₹6.5 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.