Upload Button Icon Add office photos
filter salariesFilter salaries by

State Bank of India Relationship Manager salaries in India (Updated 2025)

Annual salary range
1 - 14 years exp.
₹3.7 Lakhs - ₹12.2 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur
Relationship Manager Salary at State Bank of India ranges between ₹3.7 Lakhs to ₹12.2 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 207 latest salaries... Read more

46% more than the average Relationship Manager Salary in Banking Companies for 1 - 14 years of experience

Interested in this particular role?

What are the roles & responsibilities of a Relationship Manager at State Bank of India?

Client Acquisition and Management

  • Acquire HNI and Affluent Clients
  • Manage relationships with existing Clients
  • Ensure compliance with guidelines and procedures
  • Allocate leads and clients to team members

Sales and Revenue Generation

  • Selling investment and insurance products
  • Focus on increasing Total Relationship Value (TRV)

Read full roles & responsibilities

Last Updated: 15 Jul 2025

Companies similar to State Bank of India for Relationship Manager

Company name Avg Annual Salary Open Jobs
Logo
ICICI Bank Relationship Manager Salary

0 - 19 years exp. (14.1k salaries)

unlock blur

₹4.1 L/yr - ₹12.7 L/yr

arrow icon 4% more
1 job opening
Logo
HDFC Bank Relationship Manager Salary

0 - 15 years exp. (6.5k salaries)

unlock blur

₹3.4 L/yr - ₹12.2 L/yr

arrow icon 5% less
20 job openings
Logo
Kotak Mahindra Bank Relationship Manager Salary

0 - 13 years exp. (2.6k salaries)

unlock blur

₹4 L/yr - ₹9 L/yr

arrow icon 19% less
12 job openings
Logo
Axis Bank Relationship Manager Salary

0 - 15 years exp. (1.8k salaries)

unlock blur

₹4.2 L/yr - ₹11.3 L/yr

arrow icon 3% less
65 job openings
Logo
IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (1.7k salaries)

unlock blur

₹4.3 L/yr - ₹11.9 L/yr

arrow icon 2% more
9 job openings
Logo
Yes Bank Relationship Manager Salary

0 - 13 years exp. (1.2k salaries)

unlock blur

₹5.5 L/yr - ₹10.3 L/yr

arrow icon 1% more
18 job openings
Logo
IDFC FIRST Bank Relationship Manager Salary

0 - 14 years exp. (744 salaries)

unlock blur

₹4.3 L/yr - ₹11 L/yr

arrow icon 8% less
3 job openings
Logo
unlock blur

₹4.1 L/yr - ₹9 L/yr

arrow icon 21% less
7 job openings
Logo
Standard Chartered Relationship Manager Salary

1 - 13 years exp. (441 salaries)

unlock blur

₹7.6 L/yr - ₹13 L/yr

arrow icon 32% more
Logo
Bandhan Bank Relationship Manager Salary

0 - 14 years exp. (294 salaries)

unlock blur

₹3 L/yr - ₹8.6 L/yr

arrow icon 25% less
Logo
Deutsche Bank Relationship Manager Salary

2 - 9 years exp. (91 salaries)

unlock blur

₹5.1 L/yr - ₹12.3 L/yr

arrow icon 9% more
2 job openings
Logo
IDBI Bank Relationship Manager Salary

0 - 12 years exp. (60 salaries)

unlock blur

₹11.4 L/yr - ₹20.1 L/yr

arrow icon 97% more
Logo
Bank of Baroda Relationship Manager Salary

2 - 9 years exp. (31 salaries)

unlock blur

₹2.7 L/yr - ₹5.5 L/yr

arrow icon 55% less
Logo
Shinhan Bank Relationship Manager Salary

3 - 16 years exp. (21 salaries)

unlock blur

₹7.6 L/yr - ₹17 L/yr

arrow icon 57% more
unlock blur

₹2.6 L/yr - ₹4 L/yr

arrow icon 53% less
Logo
Barclays Relationship Manager Salary

2 - 6 years exp. (6 salaries)

unlock blur

₹4.2 L/yr - ₹8.8 L/yr

arrow icon 14% less
Logo
Bank of America Relationship Manager Salary

1 - 10 years exp. (5 salaries)

unlock blur

₹5 L/yr - ₹63.5 L/yr

arrow icon 328% more
unlock blur

₹3 L/yr - ₹14.1 L/yr

arrow icon 32% more
unlock blur

₹2.5 L/yr - ₹3.4 L/yr

arrow icon 64% less

Latest annual salaries shared by State Bank of India Relationship Manager

1w ago
₹12 Lakhs
12 years exp.
1w ago
₹5.8 Lakhs
3 years exp.
2w ago
₹4.5 Lakhs
9 years exp.
2w ago
₹9.5 Lakhs
11 years exp.
2w ago
₹4 Lakhs
9 years exp.
3w ago
avg blur mobile
2 years exp.
3w ago
avg blur mobile
11 years exp.
1mo ago
avg blur mobile
12 years exp.
1mo ago
avg blur mobile
9 years exp.
1mo ago
avg blur mobile
9 years exp.

State Bank of India Relationship Manager salaries by

Years of experience Avg. annual salary
1 year  (3 salaries)

unlock blur

₹3.7 L/yr - ₹6 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹3.8 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹4.3 L/yr - ₹5.5 L/yr
4 years  (13 salaries)

unlock blur

₹3.7 L/yr - ₹8 L/yr
5 years  (15 salaries)

unlock blur

₹3.7 L/yr - ₹8 L/yr
View all salaries by experience

Similar Designation Salaries at State Bank of India

Similar Designation Avg. annual salary
unlock-blur

₹1.5 L/yr - ₹4.5 L/yr

unlock-blur

₹9 L/yr - ₹30.2 L/yr

Department Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹19 L/yr - ₹24.3 L/yr

Store Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹7.7 L/yr - ₹9.8 L/yr

unlock-blur

₹7.5 L/yr - ₹26.0 L/yr

unlock-blur

₹4.8 L/yr - ₹11.6 L/yr

unlock-blur

₹2 L/yr - ₹5.4 L/yr

unlock-blur

₹5.5 L/yr - ₹12.2 L/yr

unlock-blur

₹5.4 L/yr - ₹12 L/yr

unlock-blur

₹0.9 L/yr - ₹5 L/yr

View more similar designations

What people are saying about State Bank of India

View All
a data analyst
1w
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
Got a question about State Bank of India?
Ask anonymously on communities.

Prepare for Your Interview with Real Experiences!

View interviews
Office worker

Salary related reviews for State Bank of India

3.3

Rated by 75 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  updated 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.

read 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.

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  updated on 19 Jan 2025

1.0
 for  Salary and Benefits

Likes

Fixed salary

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

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

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.

read more

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.

read 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.

read more

Full Time

 · 

Other Department

3.0
  •  updated 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

read more
see more salary related reviews

State Bank of India Relationship Manager Salary FAQs

What is the salary of Relationship Manager at State Bank of India ?
The average salary of a Relationship Manager at State Bank of India in India typically ranges from ₹3.7 Lakhs to ₹12.2 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Relationship Manager at State Bank of India earn more than ₹17.4 Lakhs per year, and the top 1% earn over ₹25.9 Lakhs per year. Relationship 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 200+ State Bank of India employees in India.
What is the estimated take home salary of a Relationship Manager at State Bank of India in India?
The estimated take-home salary of a Relationship Manager at State Bank of India in India typically ranges from ₹57,136 to ₹58,572 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹12.2 Lakhs per year for employees with experience ranging from 1 year to 14 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 200+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Manager at State Bank of India ?
To be a Relationship Manager at State Bank of India in india, the key skills required include:

  • - Wealth Management
  • - Relationship Management
  • - Life Insurance
  • - Compliance
  • - Finance

These skills are highly valued at State Bank of India and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than State Bank of India for Relationship Manager in India?
Bank of America ₹5.0 Lakhs to ₹63.5 Lakhs per year
IDBI Bank ₹11.4 Lakhs to ₹20.1 Lakhs per year
Shinhan Bank ₹7.6 Lakhs to ₹17.0 Lakhs per year
Indian Overseas Bank ₹3.0 Lakhs to ₹14.1 Lakhs per year
Standard Chartered ₹7.6 Lakhs to ₹13.0 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 Relationship Manager in companies similar to State Bank of India in India?
The salary of a Relationship Manager at companies similar to State Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deutsche Bank ₹5.1 Lakhs to ₹12.3 Lakhs per year
ICICI Bank ₹4.1 Lakhs to ₹12.7 Lakhs per year
IndusInd Bank ₹4.3 Lakhs to ₹11.9 Lakhs per year
Yes Bank ₹5.5 Lakhs to ₹10.3 Lakhs per year
Axis Bank ₹4.2 Lakhs to ₹11.3 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 Relationship Manager at State Bank of India in India?
The salary growth for a Relationship Manager at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
1 year ₹3.7 Lakhs to ₹6.0 Lakhs per year
2 years ₹3.8 Lakhs to ₹4.9 Lakhs per year
3 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
4 years ₹3.7 Lakhs to ₹8.0 Lakhs per year
and so on.

Top skills at State Bank of India for Relationship Manager

Sales Relationship Management Compliance Team Leadership

Tell us how to improve this page.

State Bank of India Relationship Manager salary in India ranges between ₹3.7 Lakhs to ₹12.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 207 State Bank of India latest salaries received from various employees of State Bank of India.