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

based on 513 latest salaries
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BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
6 - 16 years exp. (520 salaries)
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₹10 L/yr - ₹40 L/yr

10 - 18 years exp. (16 salaries)
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₹20 L/yr - ₹30 L/yr

1 year exp. (16 salaries)
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₹1.1 L/yr - ₹5.2 L/yr

4 - 10 years exp. (16 salaries)
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₹6 L/yr - ₹10 L/yr

6 - 10 years exp. (16 salaries)
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₹6 L/yr - ₹13 L/yr

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

0 - 8 years exp. (15 salaries)
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₹1.6 L/yr - ₹4.3 L/yr

1 - 4 years exp. (14 salaries)
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₹2.8 L/yr - ₹5.5 L/yr

2 - 11 years exp. (14 salaries)
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₹4.9 L/yr - ₹20 L/yr

1 - 9 years exp. (14 salaries)
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₹7 L/yr - ₹23.6 L/yr

7 - 12 years exp. (14 salaries)
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₹11 L/yr - ₹13.7 L/yr

1 - 7 years exp. (13 salaries)
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₹2 L/yr - ₹8 L/yr

0 - 4 years exp. (13 salaries)
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₹1.2 L/yr - ₹3.8 L/yr

1 - 8 years exp. (13 salaries)
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₹2.3 L/yr - ₹5.1 L/yr

0 - 6 years exp. (13 salaries)
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₹0.2 L/yr - ₹3.5 L/yr

0 - 7 years exp. (13 salaries)
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₹1 L/yr - ₹4.5 L/yr

9 - 16 years exp. (12 salaries)
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₹14 L/yr - ₹23 L/yr

0 - 4 years exp. (12 salaries)
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₹1.5 L/yr - ₹2.8 L/yr

8 - 18 years exp. (12 salaries)
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₹11.3 L/yr - ₹18 L/yr

6 - 11 years exp. (12 salaries)
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₹18.4 L/yr - ₹25 L/yr

3 - 9 years exp. (12 salaries)
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₹2 L/yr - ₹6 L/yr

Last Updated: 7 Jan, 2025

Salary related reviews for State Bank of India

3.5

Rated by 162 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 22 Nov 2023

2.0
 for  Salary and Benefits

Likes

Nothing. Just brand value.

Dislikes

Terrible work culture. No leaves. Too much work stress and pressure. Salary and perks are not upto the level of work we do. No time for family friends or functions. High targets and threatening. Frequent transfers.

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Sep 2023

2.0
 for  Salary and Benefits

Likes

Please DONT COME TO STATE BANK. AS MANAGEMENT DOESNT UNDERSTAND THE IMPORTANCE OF WORK LIFE BALANCE. THEY WILL SPEAK BUT THEY WILL NOT IMPLEMENT IT. THEY LURE YOU WITH MONEY AT LOW LEVEL. BANKING SECTOR IS TIGHTLY Controlled BY GOVT. Better go to corr jobs.

read more
  • Job security - Good

Dislikes

...ce Management doesn't understand the rationalization of jobs. Multi work role. For salary joined and job is very bad.

read more
  • Salary - Poor
  • +4 more

BFSI, Investments & Trading Department

4.0
  •  posted on 05 Mar 2019

2.0
 for  Salary and Benefits

Likes

Since a PSU , seniors are not much of a guiding star. One have to explore a tricky way to top avoiding ego classes. Only two things are privileged . Posting and Promotion. Not to worry about survival. Anybody can.

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  • Skill development - Excellent
  • +3 more

Dislikes

Work life balance and salary both are not befitting.

  • Salary - Poor
  • +1 more

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.

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  • 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.

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  • 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
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Average annual salary for Manager in State Bank of India is INRunlock blur . Salary estimates are based on 500+ State Bank of India latest salaries received from various employees of State Bank of India.

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