State Bank of India New Delhi Bank Manager Salaries by 5 Employees

0 - 11 years exp.

₹8.2 Lakhs - ₹15.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

Bank Manager Salary at State Bank of India ranges between ₹8.2 Lakhs to ₹15.6 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 5... Read more

17% more than the average Bank Manager Salary in Banking Companies for 0 - 11 years of experience

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Last Updated: 6 Jun 2024

Companies similar to State Bank of India for Bank Manager in New Delhi

State Bank of India Bank Manager Salary

0 - 11 years exp. (5 salaries)

₹8.2 L/yr - ₹15.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Bank Manager Salary 3 - 17 years exp. (7 salaries)	₹5.7 L/yr - ₹14.6 L/yr 9% less
Bank of Baroda Bank Manager Salary 9 - 12 years exp. (5 salaries)	₹11.6 L/yr - ₹20.5 L/yr 32% more
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IDBI Bank Bank Manager Salary 9 - 14 years exp. (4 salaries)	₹14.5 L/yr - ₹22 L/yr 72% more

Punjab National Bank Bank Manager Salary 7 - 12 years exp. (4 salaries)	₹11.2 L/yr - ₹16 L/yr 34% more
Canara Bank Bank Manager Salary 7 - 12 years exp. (3 salaries)	₹13 L/yr - ₹21.1 L/yr 35% more
ICICI Bank Bank Manager Salary 3 - 10 years exp. (3 salaries)	₹4.8 L/yr - ₹10.9 L/yr 35% less
HDFC Bank Bank Manager Salary 14 - 16 years exp. (3 salaries)	₹7.9 L/yr - ₹14.7 L/yr 6% less
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Bandhan Bank Bank Manager Salary 4 - 9 years exp. (3 salaries)	₹2.1 L/yr - ₹7.3 L/yr 62% less

Kotak Mahindra Bank Bank Manager Salary 3 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹7.8 L/yr 51% less

From

Bank Manager

₹

Lakhs/yr

0 - 14 years exp.

Regional Manager

₹

Lakhs/yr

15 - 31 years exp.

Bank Manager

0 - 14 years exp.

Manager

6 - 16 years exp.

90% hike

Chief Manager

11 - 22 years exp.

45% hike

From

View 5 more levels

Bank Manager

0 - 14 years exp.

General Manager, Audit

Salary unavailable

From

View 4 more levels

Bank Manager

0 - 14 years exp.

New Business Manager

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

State Bank of India Bank Manager salaries by

Years of experience	Avg. annual salary
Fresher (AmbitionBox Estimate)	₹8.2 L/yr - ₹8.1 L/yr
1 year (AmbitionBox Estimate)	₹8.2 L/yr - ₹8.8 L/yr
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2 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹9.5 L/yr
3 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.1 L/yr
4 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.8 L/yr
5 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
6 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
9 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.1 L/yr
10 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
11 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr

View all salaries by experience

Similar Designation Salaries at State Bank of India

Similar Designation	Avg. annual salary
Deputy Manager Salary (61 salaries)	₹7.5 L/yr - ₹30 L/yr
Branch Manager Salary (24 salaries)	₹9 L/yr - ₹35 L/yr
Login to view exact salary
Credit Manager Salary (4 salaries)	₹10 L/yr - ₹20 L/yr
Sales Manager Salary (3 salaries)	₹3.2 L/yr - ₹5 L/yr

What people are saying about State Bank of India

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a data analyst

SBI NFO

Have you guys heard about new Sbi NFO ? I've started my Sip kyuki isme return bht accha aane wala hai, its Sbi 100 nifty fund How many of you jisne aaj tak investment shuru hi nahi ki? Please FDs wale log dur rahe

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Salary related reviews for State Bank of India

4.0

Rated by 1 employees for salary & benefits

Bank Manager in Bhubaneswar

Finance & Accounting Department

5.0

• updated 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 .

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

Deputy Manager in Bokaro

Full Time

Finance & Accounting Department

1.0

• updated 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.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• updated 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.

Skill development - Bad

+3 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• updated 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.

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.

Company culture - Poor

+1 more

Deputy Manager in New Delhi

Full Time

Other Department

3.0

• updated 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

Work satisfaction - Bad

+2 more

see more salary related reviews

State Bank of India Bank Manager Salary FAQs

What is the salary of Bank Manager at State Bank of India in New Delhi?

The average salary of a Bank Manager at State Bank of India in New Delhi typically ranges from ₹8.2 Lakhs to ₹15.6 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Bank Manager in New Delhi at State Bank of India earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Bank Manager 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 estimates are based on salary data submitted by 5 State Bank of India employees in India.

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

The estimated take-home salary of a Bank Manager at State Bank of India in New Delhi typically ranges from ₹79,632 to ₹81,705 per month. This is based on the average salary range of ₹8.2 Lakhs to ₹15.6 Lakhs per year for employees with experience ranging from Fresher to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than State Bank of India for Bank Manager in India?

IDBI Bank	₹14.5 Lakhs to ₹22.0 Lakhs per year
Canara Bank	₹13.0 Lakhs to ₹21.1 Lakhs per year
Punjab National Bank	₹11.2 Lakhs to ₹16.0 Lakhs per year
Bank of Baroda	₹11.6 Lakhs to ₹20.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by State Bank of India, depending on the role and experience level.

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

The salary of a Bank Manager at companies similar to State Bank of India in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹7.9 Lakhs to ₹14.7 Lakhs per year
Axis Bank	₹5.7 Lakhs to ₹14.6 Lakhs per year
ICICI Bank	₹4.8 Lakhs to ₹10.9 Lakhs per year
Kotak Mahindra Bank	₹3.3 Lakhs to ₹7.8 Lakhs per year
Bandhan Bank	₹2.1 Lakhs to ₹7.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Bank Manager at State Bank of India in New Delhi?

The salary growth for a Bank Manager at State Bank of India in New Delhi depends on factors such as experience, performance, and promotions. On average, a Bank Manager in New Delhi can expect the following growth trajectory at State Bank of India:

Experience	Average Salary Range
Fresher	₹8.2 Lakhs to ₹8.1 Lakhs per year
1 year	₹8.2 Lakhs to ₹8.8 Lakhs per year
2 years	₹8.2 Lakhs to ₹9.5 Lakhs per year
3 years	₹8.2 Lakhs to ₹10.1 Lakhs per year

and so on.

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State Bank of India Bank Manager Salaries in New Delhi

State Bank of India Bank Manager salary in New Delhi ranges between ₹8.2 Lakhs to ₹15.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.