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    State Bank of India Berhampur, Odisha Office Photo - 1
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    State Bank of India

    Compare button icon Compare button icon Compare
    3.8

    based on 2.9k Reviews

    HQ - Mumbai, Maharashtra, India Banking 1 Lakh+ Employees (India) Financial Services
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    State Bank of India Salaries in India

    based on 10k latest salaries

    3.7

    Rated by 2.9k Employees for salary and benefits

    Top Departments at State Bank of India
    BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development Engineering - Software & QA Data Science & Analytics + 4 more
    Designation Average Salary
    Yearly arrow-down

    Deputy Manager

    Experience: 3 - 14 yrs (631 Salaries)
    ₹ 14,69,024/year

    (₹6.1L/yr - ₹25.0L/yr)

    Branch Manager

    Experience: 5 - 15 yrs (320 Salaries)
    ₹ 16,37,507/year

    (₹7.5L/yr - ₹28.0L/yr)

    Chief Manager

    Experience: 10 - 22 yrs (265 Salaries)
    ₹ 29,29,194/year

    (₹12.0L/yr - ₹50.0L/yr)

    Relationship Manager

    Experience: 4 - 14 yrs (252 Salaries)
    ₹ 9,81,137/year

    (₹4.0L/yr - ₹16.0L/yr)

    Sales Executive

    Experience: 0 - 6 yrs (191 Salaries)
    ₹ 2,06,139/year

    (₹10.0K/yr - ₹4.5L/yr)

    Assistant General Manager

    Experience: 15 - 31 yrs (186 Salaries)
    ₹ 28,40,535/year

    (₹12.0L/yr - ₹48.0L/yr)

    Branch Relationship Executive

    Experience: 0 - 5 yrs (128 Salaries)
    ₹ 2,23,544/year

    (₹1.0L/yr - ₹5.4L/yr)

    Credit Analyst

    Experience: 2 - 15 yrs (126 Salaries)
    ₹ 20,31,627/year

    (₹9.0L/yr - ₹30.0L/yr)

    Probationary Officer

    Experience: 0 - 5 yrs (120 Salaries)
    ₹ 9,28,632/year

    (₹4.0L/yr - ₹15.0L/yr)

    Relationship Manager Wealth Management

    Experience: 4 - 14 yrs (120 Salaries)
    ₹ 7,74,270/year

    (₹3.0L/yr - ₹13.5L/yr)

    Last Updated: 3 Oct, 2023

    State Bank of India Salary FAQs

    How much does State Bank of India pay per year?
    The average State Bank of India salary ranges from approximately ₹0.2 Lakhs per year for a Secretary to ₹54.6 Lakhs per year for a Post Doctoral Fellow. Salary estimates are based on 10k State Bank of India salaries received from various employees of State Bank of India. State Bank of India employees rate the overall salary and benefits package 3.7/5 stars.
    What is the highest salary in State Bank of India?
    The highest-paying job at State Bank of India is a Post Doctoral Fellow with a salary of ₹54.6 Lakhs per year. The top 10% of employees earn more than ₹22 lakhs per year. The top 1% earn more than a whopping ₹45.10 lakhs per year.
    What is the minimum salary in State Bank of India?
    Minimum salary at State Bank of India depends on the role you are applying for. For Sales Executive the minimum salary is ₹2.1 Lakhs per year, for Branch Relationship Executive the minimum salary is ₹2.2 Lakhs per year and so on.
    What is the salary package for freshers in State Bank of India?
    The average salary at State Bank of India for freshers varies from ₹0.9 Lakhs per year for Phone Banking Officer to ₹37.5 Lakhs per year for Cashier. View Fresher Salaries at State Bank of India
    What is the notice period at State Bank of India?
    According to AmbitionBox, 36% of the State Bank of India employees reported a notice period of 3 Months, 30% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8.3k responses on AmbitionBox in last 2 years.

    Reviews which talk about salary at State Bank of India

    Manager in Dharmapuri, Tamil Nadu

    Full Time

     · 

    Banking Operations 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.

    Dislikes

    No work life balance Management doesn't understand the rationalization of jobs. Multi work role. For salary joined and job is very bad.

    Work Details

    Work timings: Strict Timings

    Regional Manager in Delhi NCR

    Full Time

     · 

    Banking Operations Department

    5.0
    posted on 11 Sep 2023
    2.0 for Salary and Benefits

    Likes

    Job security, Medical facilities and good brand value.

    Dislikes

    ... Salary & perks are just peanuts in comparison to private sector banks and pressures are huge. Performance is being monitored every hour.

    Work Details

    Work timings: Strict Timings

    Deputy Manager in New Delhi

    Full Time

     · 

    Banking Operations Department

    1.0
    posted on 08 Sep 2023
    2.0 for Salary and Benefits

    Likes

    Salary and perks

    Dislikes

    Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

    Work Details

    Work timings: Strict Timings

    Chief Manager in Chennai, Tamil Nadu

    Full Time

     · 

    Banking Operations 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.

    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.

    Work Details

    Work days: Monday to Saturday (Strict Timings)

    Deputy Manager in Mumbai

    Full Time

     · 

    Business Intelligence & Analytics Department

    3.0
    posted on 27 Jul 2023
    1.0 for Salary and Benefits

    Likes

    State Bank of India is still working like traditional banker and since it is largest bank it takes too much time to see any rapid changes which is need of the hour.

    Dislikes

    Salary is way below and the transfer and promotion policies are very opaque

    Work Details

    Work days: Monday to Saturday (Strict Timings)

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    Average annual salary in State Bank of India is INR 11.3 lakhs . Salary estimates are based on 10k State Bank of India latest salaries received from various employees of State Bank of India.