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

based on 405 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
11 - 22 years exp. (370 salaries)
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₹15 L/yr - ₹50 L/yr

4 - 15 years exp. (614 salaries)
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₹7.2 L/yr - ₹28 L/yr

5 - 16 years exp. (314 salaries)
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₹9 L/yr - ₹30.4 L/yr

2 - 14 years exp. (186 salaries)
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₹2.5 L/yr - ₹13 L/yr

0 - 5 years exp. (167 salaries)
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₹1 L/yr - ₹4.7 L/yr

3 - 14 years exp. (46 salaries)
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₹10 L/yr - ₹32 L/yr

6 - 15 years exp. (37 salaries)
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₹9 L/yr - ₹30 L/yr

1 - 11 years exp. (27 salaries)
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₹2 L/yr - ₹5.4 L/yr

1 - 6 years exp. (23 salaries)
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₹1 L/yr - ₹6 L/yr

1 - 5 years exp. (17 salaries)
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₹1.6 L/yr - ₹3.5 L/yr

4 - 15 years exp. (15 salaries)
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₹12 L/yr - ₹24 L/yr

5 - 13 years exp. (10 salaries)
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₹5.5 L/yr - ₹12.2 L/yr

1 - 28 years exp. (9 salaries)
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₹7.4 L/yr - ₹24 L/yr

3 - 18 years exp. (9 salaries)
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₹12 L/yr - ₹20 L/yr

0 - 4 years exp. (5 salaries)
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₹1.2 L/yr - ₹5 L/yr

4 - 19 years exp. (4 salaries)
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₹4.8 L/yr - ₹11.7 L/yr

0 - 11 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

1 - 8 years exp. (AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.4 L/yr

9 - 10 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.3 L/yr

8 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.3 L/yr

16 - 32 years exp. (201 salaries)
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₹15 L/yr - ₹55 L/yr

Last Updated: 7 Jan, 2025

Salary related reviews for State Bank of India

4.1

Rated by 192 employees for salary & benefits

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.

read more
  • Salary - Good
  • +1 more

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.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 30 Dec 2022

3.0
 for  Salary and Benefits

Likes

Pay is decent but in senior level nothing compared to private sector.

  • Job security - Excellent

Dislikes

The organisation would not give you anything for your personal growth, it's waste to join it. If you are into sales and love selling insurance and other stuff, please go ahead. Otherwise you would land in the biggest soup of your life. It's like a bone which will be stuck in your throat forever. Plz take the decision wisely

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  • Skill development - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 19 Dec 2023

5.0
 for  Salary and Benefits

Likes

Good reputation in the society /family, Good salary and job satisfaction.

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  • Salary - Excellent
  • +4 more

Dislikes

1.DP initiating on employees migare irregularities and finally ( after 1 year) awarding "no action" judgement.Therefore staff members are fearing while discharging duties. 2.Cutomers are not convicing of our SBI life and general insurance products, but heavy follow up from all levels.

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  • Work-life balance - Bad

Other Department

4.0
  •  posted on 02 Feb 2020

3.0
 for  Salary and Benefits

Likes

Good for personal development & width of exposure ...with varied assignments and faily good opportunities for career growth ...

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  • Skill development - Excellent
  • +3 more

Dislikes

Compensation not very attractive / poor post retirement benefits ... compared to govt job / defence services

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BFSI, Investments & Trading Department

4.0
  •  posted on 16 Feb 2020

5.0
 for  Salary and Benefits

Likes

The organization is open to innovation and readily adopts latest technology and sell products for each segment of society.I love the fact that I was a part of such organization. I also like the rehire policy there.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Compensation is good but the work pressure is very high.

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Average annual salary for Chief Manager in State Bank of India is INRunlock blur . Salary estimates are based on 400+ State Bank of India latest salaries received from various employees of State Bank of India.

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