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SBI Cards & Payment Services Operations Associate salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹2 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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24% less than the average Operations Associate Salary in Financial Services Companies for 0 - 4 years of experience

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Last Updated: 8 Feb 2025

Companies similar to SBI Cards & Payment Services for Operations Associate

Company name Avg Annual Salary Open Jobs
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ICICI Home Finance Operations Associate Salary

0 - 6 years exp. (130 salaries)

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₹2.2 L/yr - ₹4.6 L/yr

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₹3.5 L/yr - ₹5.7 L/yr

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₹2.8 L/yr - ₹4.3 L/yr

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₹4.8 L/yr - ₹6.7 L/yr

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₹4 L/yr - ₹6.5 L/yr

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₹2.2 L/yr - ₹4.1 L/yr

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CSC Operations Associate Salary

1 - 4 years exp. (4 salaries)

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₹3.6 L/yr - ₹6.3 L/yr

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SBI Mutual Fund Operations Associate Salary

1 - 8 years exp. (4 salaries)

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₹2.6 L/yr - ₹3 L/yr

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₹3.9 L/yr - ₹8.2 L/yr

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₹8.8 L/yr - ₹17.5 L/yr

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₹3.8 L/yr - ₹6.5 L/yr

arrow icon 73% more
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Macquarie Group Operations Associate Salary

0 - 3 years exp. (3 salaries)

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₹9 L/yr - ₹10 L/yr

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Operations Associate salary at SBI Cards & Payment Services ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Cards & Payment Services.

Latest annual salaries shared by SBI Cards & Payment Services Operations Associate

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Experience wise SBI Cards & Payment Services Operations Associate salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.1 L/yr
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹2.9 L/yr
2 years  (3 salaries)

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₹2.4 L/yr - ₹3.5 L/yr
3 years  (4 salaries)

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₹2.5 L/yr - ₹3.5 L/yr
4 years  (3 salaries)

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₹2 L/yr - ₹3.2 L/yr

Similar Designation salaries in SBI Cards & Payment Services

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₹3.1 L/yr - ₹6 L/yr
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₹3.4 L/yr - ₹5.5 L/yr
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₹1.8 L/yr - ₹6.74 L/yr
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₹1.2 L/yr - ₹4.5 L/yr
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₹1.9 L/yr - ₹3.3 L/yr
Senior Process Associate Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹2.4 L/yr - ₹7 L/yr
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₹1.5 L/yr - ₹3.5 L/yr
Senior Analyst Salary
(30 salaries)
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₹3.2 L/yr - ₹6.9 L/yr
Quality Analyst Salary
(14 salaries)
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₹2.5 L/yr - ₹5 L/yr

Salary related reviews for SBI Cards & Payment Services

4.1

Rated by 4 employees for salary & benefits

Full Time

 · 

Credit Card Sales Department

1.0
  •  posted on 08 Dec 2022

1.0
 for  Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

read more
  • Salary - Bad
  • +6 more

Customer Success, Service & Operations Department

4.0
  •  posted on 30 Jan 2022

3.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year. Are I

read more
  • Skill development - Good
  • +4 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. There is a bond of 2 year before which you cannot resign. On the job traning is given to new joinees.

read more

Customer Success, Service & Operations Department

4.0
  •  posted on 14 May 2022

3.0
 for  Salary and Benefits

Likes

Fix 9hrs working shift that I like most, if I talk about my previous organisation there i used to work more then my working hours.

read more
  • Skill development - Excellent
  • +4 more

Dislikes

There is a huge discrimination between company pay roll employees and third party employees.

read more
  • Promotions - Poor

Sales & Business Development Department

5.0
  •  posted on 07 Jul 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Finance & Accounting Department

5.0
  •  posted on 20 Jul 2019

1.0
 for  Salary and Benefits

Likes

I do not feel like a job secured in this company because it is a third party pay roll pay. I have to go to the roll

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Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Managers do not value an individuals’ unique strengths, which is why I have to take back my suggestions most of the times. I do receive appreciation emails from my client, but they mostly go unnoticed during my mid-year appraisals. Also, there is no on-job training for freshers, hence senior folks like me have to guide them step-by-step, which is a pain sometimes.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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SBI Cards & Payment Services Operations Associate Salary FAQs

What is the salary of Operations Associate at SBI Cards & Payment Services ?
The average salary of a Operations Associate at SBI Cards & Payment Services in India typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Operations Associate at SBI Cards & Payment Services earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Operations Associate Salaries at SBI Cards & Payment Services 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 10+ SBI Cards & Payment Services employees in India.
What is the estimated take home salary of a Operations Associate at SBI Cards & Payment Services in India?
The estimated take-home salary of a Operations Associate at SBI Cards & Payment Services in India typically ranges from ₹19,192 to ₹20,867 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 10+ salaries received from various employees of SBI Cards & Payment Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Cards & Payment Services for Operations Associate in India?
TIAA Global Business Services ₹8.8 Lakhs to ₹17.5 Lakhs per year
Macquarie Group ₹9.0 Lakhs to ₹10.0 Lakhs per year
Ameriprise Financial ₹4.8 Lakhs to ₹6.7 Lakhs per year
Morningstar ₹4.0 Lakhs to ₹6.5 Lakhs per year
Ocwen Financial Solutions ₹3.9 Lakhs to ₹8.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Cards & Payment Services, depending on the role and experience level.
What is the salary of a Operations Associate in companies similar to SBI Cards & Payment Services in India?
The salary of a Operations Associate at companies similar to SBI Cards & Payment Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CSC ₹3.6 Lakhs to ₹6.3 Lakhs per year
Fidelity International ₹3.5 Lakhs to ₹5.7 Lakhs per year
Mashreq Global Services ₹3.8 Lakhs to ₹6.5 Lakhs per year
ICICI Home Finance ₹2.2 Lakhs to ₹4.6 Lakhs per year
Sun Life Financial ₹2.8 Lakhs to ₹4.3 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 Operations Associate at SBI Cards & Payment Services in India?
The salary growth for a Operations Associate at SBI Cards & Payment Services depends on factors such as experience, performance, and promotions. On average, a Operations Associate can expect the following growth trajectory at SBI Cards & Payment Services:

Experience Average Salary Range
Fresher ₹1.1 Lakhs to ₹3.1 Lakhs per year
1 year ₹2.4 Lakhs to ₹2.9 Lakhs per year
2 years ₹2.4 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Cards & Payment Services Operations Associate salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.