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State Bank of India Bank Manager Salaries in India (Updated 2025)

based on 39 latest salaries
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Designation Avg Annual Salary Open Jobs
0 - 31 years exp. (46 salaries)
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₹8.1 L/yr - ₹23.8 L/yr

0 - 31 years exp. (4 salaries)
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₹13 L/yr - ₹20 L/yr

4 - 5 years exp. (4 salaries)
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₹3.5 L/yr - ₹4 L/yr

11 - 17 years exp. (4 salaries)
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₹18 L/yr - ₹30 L/yr

1 - 6 years exp. (4 salaries)
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₹1.8 L/yr - ₹2 L/yr

1 - 5 years exp. (4 salaries)
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₹1 L/yr - ₹7 L/yr

20 - 30 years exp. (4 salaries)
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₹34 L/yr - ₹39.4 L/yr

28 - 31 years exp. (4 salaries)
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₹25 L/yr - ₹38 L/yr

12 - 24 years exp. (4 salaries)
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₹3.3 L/yr - ₹6.2 L/yr

12 - 14 years exp. (4 salaries)
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₹24 L/yr - ₹30.5 L/yr

3 - 7 years exp. (4 salaries)
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₹3 L/yr - ₹6.5 L/yr

11 - 15 years exp. (4 salaries)
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₹1.8 L/yr - ₹3.6 L/yr

8 - 10 years exp. (4 salaries)
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₹3 L/yr - ₹34 L/yr

11 - 18 years exp. (4 salaries)
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₹19 L/yr - ₹35 L/yr

0 - 4 years exp. (4 salaries)
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₹0.9 L/yr - ₹2 L/yr

0 - 4 years exp. (4 salaries)
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₹1.2 L/yr - ₹5.4 L/yr

8 - 14 years exp. (4 salaries)
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₹19 L/yr - ₹27 L/yr

2 - 4 years exp. (4 salaries)
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₹1.2 L/yr - ₹4.8 L/yr

4 - 7 years exp. (4 salaries)
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₹13 L/yr - ₹18 L/yr

3 - 4 years exp. (4 salaries)
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₹10 L/yr - ₹15 L/yr

7 - 17 years exp. (4 salaries)
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₹15 L/yr - ₹24 L/yr

Last Updated: 5 Jan, 2025

Salary related reviews for State Bank of India

4.5

Rated by 24 employees for salary & benefits

Finance & Accounting Department

5.0
  •  posted on 19 Apr 2022

5.0
 for  Salary and Benefits

Likes

...thics is very good..job security is there until u r not proven doing any fraud .salary structure is good to live a peacefull life and mantain good status at young age.sbi organise various program to encourage staff improve staff behavour and work culture..and also our YONO is best application .

read more
  • Salary - Excellent
  • +6 more

Dislikes

In sbi our customer base is around 40 crore where staff shortfall very high.. unnecessary work there so that we can not give good service to our valuable customer so they are displease to us but now our young generation change this thought we are compete with Pvt player

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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.

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  • 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.

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  • Skill development - Bad
  • +3 more

Full Time

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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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  • 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.

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  • 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
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State Bank of India Salary FAQs

How much does State Bank of India pay to its employees?
The average annual salary at State Bank of India varies depending on the role, experience, and location. The salary ranges for some popular designations at State Bank of India, are as follows:

Bank Manager ₹8.1 Lakhs to ₹23.8 Lakhs per year
District Manager ₹13 Lakhs to ₹20 Lakhs per year
Senior Executive Operations ₹3.5 Lakhs to ₹4 Lakhs per year
Manager – Electrical ₹18 Lakhs to ₹30 Lakhs per year

The highest-paying role, Chief General Manager, earns between ₹38 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹25 Lakhs per year, and the top 1% earn over ₹50.2 Lakhs per year. 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 salary estimates are based on data from 39 salaries submitted by State Bank of India employees. State Bank of India is rated 4.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at State Bank of India in India?
The salary of a fresher at State Bank of India in India typically ranges from ₹1.8 Lakh to ₹16 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Branch Relationship Executive Salary ₹1.2 Lakhs to ₹4 Lakhs per year
Fresher as a Sales Executive Salary ₹1.2 Lakhs to ₹3.8 Lakhs per year
Fresher as a FOS Executive Salary ₹2 Lakhs to ₹3.5 Lakhs per year
Fresher as a Probationary Officer Salary ₹5 Lakhs to ₹18.3 Lakhs per year

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Average annual salary for Bank Manager in State Bank of India is INRunlock blur . Salary estimates are based on 30+ State Bank of India latest salaries received from various employees of State Bank of India.

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