State Bank of India

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3.7

based on 3.1k 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 10.2k latest salaries

3.7

Rated by 3.1k Employees for salary and benefits

Top Departments at State Bank of India
Designation Average Salary
Yearly arrow-down

Deputy Manager

Experience: 4 - 14 yrs (562 Salaries)
₹ 14,87,638/year

(₹7.0L/yr - ₹22.0L/yr)

Chief Manager

Experience: 10 - 31 yrs (418 Salaries)
₹ 27,56,257/year

(₹12.0L/yr - ₹45.4L/yr)

Branch Manager

Experience: 5 - 15 yrs (319 Salaries)
₹ 16,05,482/year

(₹7.7L/yr - ₹28.0L/yr)

Relationship Manager

Experience: 4 - 15 yrs (281 Salaries)
₹ 11,01,607/year

(₹4.5L/yr - ₹17.6L/yr)

Assistant General Manager

Experience: 15 - 31 yrs (212 Salaries)
₹ 29,28,626/year

(₹12.0L/yr - ₹45.0L/yr)

Sales Executive

Experience: 0 - 5 yrs (183 Salaries)
₹ 2,05,850/year

(₹15.0K/yr - ₹4.0L/yr)

Branch Relationship Executive

Experience: 0 - 5 yrs (132 Salaries)
₹ 2,23,136/year

(₹15.0K/yr - ₹5.7L/yr)

Assistant Vice President

Experience: 5 - 14 yrs (118 Salaries)
₹ 12,02,984/year

(₹5.5L/yr - ₹18.6L/yr)

Relationship Manager Wealth Management

Experience: 5 - 13 yrs (116 Salaries)
₹ 8,19,464/year

(₹4.0L/yr - ₹13.5L/yr)

Probationary Officer

Experience: 0 - 5 yrs (112 Salaries)
₹ 9,22,642/year

(₹4.0L/yr - ₹15.0L/yr)

Last Updated: 30 Nov, 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 ₹58.9 Lakhs per year for a Chief General Manager. Salary estimates are based on 10.2k 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 Chief General Manager with a salary of ₹58.9 Lakhs per year. The top 10% of employees earn more than ₹22.30 lakhs per year. The top 1% earn more than a whopping ₹48.27 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, 35% 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 8.7k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at State Bank of India

Manager (credit Monitoring) in Patiala, Punjab

Full Time

 · 

Banking Operations Department

3.0
posted on 29 Nov 2023

4.0 for Salary and Benefits

Likes

Salary gets credited on 25th every month.

Dislikes

Frequent transfers. Doesn't Value the quality of work. Only number games focus in business. Staff shortages. Doesn't approve leave in advance and many times they are declined even if someone is not well in your family. Late sitting culture. Very unplanned activities and instability in terms of your continuation at a place. Very poor incentive even for top performer. Very high pressure on selling insurance.

Work Details

Work days: Alternate Saturday off (Strict Timings)

Manager in Bareilly

Full Time

 · 

Lending Department

2.0
posted on 29 Nov 2023

3.0 for Salary and Benefits

Likes

It is the largest public sector bank in India. Entry level.salary at juniour and middle management level is good as compare to peer private banks.

Dislikes

... Salary and perks are same for everyone. No work life balance. Less salary on higher level in comparison to private players.

Work Details

Work days: Alternate Saturday off (Strict Timings)

Assistant Manager in SINGAPORE

Full Time

 · 

Banking Operations Department

4.0
posted on 22 Nov 2023

4.0 for Salary and Benefits

Likes

...It is having Job security and good salary and perks.

Dislikes

Its transfer policies which affect both family and work. Work life balance is not happening. Choosing of department is not in our hand it decided by upper authorities so sometime whatever is our base knowledge is not used.

Work Details

Work days: Alternate Saturday off (Flexible Timings)

Manager in Chennai

Full Time

 · 

Banking Operations 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.

Work Details

Work days: Monday to Saturday (Strict Timings)

Assistant Manager in Kolkata, West Bengal

Full Time

 · 

Operations Department

3.0
posted on 21 Oct 2023

2.0 for Salary and Benefits

Likes

If you want to be a banker, than SBI is better than it's other peers, PSUs and pvt. banks in terms of salary and allowances.

Dislikes

No work life balance of Officers Lot of Ego clash with seniors and posts having authority in LHO Or AO. Using frequent transfers to difficult postings as a weapon against the employee by the controllers. Officers life are degrading day by day so much that clericals don't even want to get promoted even if they are completely eligible as well as capable to become officer.

Work Details

Work days: Alternate Saturday off (Flexible Timings)

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Average annual salary in State Bank of India is INR 11.7 lakhs . Salary estimates are based on 10.2k State Bank of India latest salaries received from various employees of State Bank of India.