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SBI Payment Services Sales Associate salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.4 Lakh - ₹3.2 Lakhs
Salary of majority employees
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22% less than the average Sales Associate Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Sales & Business Development
Sales Associate Salary
0 - 4 years exp. (13 salaries)
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₹1.4 L/yr - ₹3.2 L/yr

Marketing & Communication
Sales Associate Salary
2 - 3 years exp. (4 salaries)
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₹1.8 L/yr - ₹2.5 L/yr

BFSI, Investments & Trading
Sales Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹3 L/yr

Engineering - Software & QA
Sales Associate Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.5 L/yr

Last Updated: 23 Feb 2025

Companies similar to SBI Payment Services for Sales Associate

Company name Avg Annual Salary Open Jobs
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₹1.3 L/yr - ₹3.7 L/yr

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ICICI Home Finance Sales Associate Salary

0 - 4 years exp. (9 salaries)

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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 11% less
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Kotak Securities Sales Associate Salary

0 - 7 years exp. (4 salaries)

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₹1.9 L/yr - ₹3.5 L/yr

arrow icon 9% more
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Sharekhan Sales Associate Salary

0 - 2 years exp. (4 salaries)

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₹2.6 L/yr - ₹3.7 L/yr

arrow icon 24% more
1 job opening
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Aadhar Housing Finance Sales Associate Salary

0 - 12 years exp. (4 salaries)

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₹2 L/yr - ₹2.6 L/yr

arrow icon 9% less
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JM Financial Sales Associate Salary

0 - 7 years exp. (4 salaries)

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₹4 L/yr - ₹8 L/yr

arrow icon 120% more
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Edelweiss Sales Associate Salary

7 years exp. (3 salaries)

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₹6 L/yr - ₹6.4 L/yr

arrow icon 150% more
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MSCI Sales Associate Salary

4 - 9 years exp. (3 salaries)

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₹16 L/yr - ₹22 L/yr

arrow icon 621% more
Sales Associate salary at SBI Payment Services ranges between ₹1.4 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 29 latest salaries received from various employees of SBI Payment Services.

Latest annual salaries shared by SBI Payment Services Sales Associate

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Experience wise SBI Payment Services Sales Associate salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹1.4 L/yr - ₹4.5 L/yr
1 year  (5 salaries)

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₹2 L/yr - ₹2.8 L/yr
2 years  (11 salaries)

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₹1.4 L/yr - ₹3.1 L/yr
3 years  (7 salaries)

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₹1.8 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3.1 L/yr

Similar Designation salaries in SBI Payment Services

Sales Executive Salary
(52 salaries)
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₹1.2 L/yr - ₹3.6 L/yr
Sales Officer Salary
(14 salaries)
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₹1.5 L/yr - ₹3.2 L/yr
Sales Manager Salary
(4 salaries)
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₹4.09 L/yr - ₹8.5 L/yr
Salesman Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Team Lead Salary
(18 salaries)
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₹1.8 L/yr - ₹3 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Deputy Manager Salary
(9 salaries)
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₹6 L/yr - ₹8.94 L/yr
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₹2 L/yr - ₹4.2 L/yr
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₹2.5 L/yr - ₹4 L/yr
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₹1.9 L/yr - ₹5 L/yr

Salary related reviews for SBI Payment Services

4.3

Rated by 11 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 11 Jul 2023

2.0
 for  Salary and Benefits
  • Job security - Excellent
  • +1 more

Dislikes

If you are getting a handsome package go ahead and join if you want to sit and let your work run on others pace its the organization for you. You font have freedom to deal your market segment categories. You cant take business calls on your own. You cant promise any commitment to any of your merchant segment. Service is really extraordinary and because of it you will have a lovely market experience from merchants.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Management Information System Department

5.0
  •  posted on 30 Mar 2022

3.0
 for  Salary and Benefits

Likes

SBI payment is big and reputable brand and balance personal and professional life new experience joiner get awesome package as per market standard. Otherwise many changes happening here once you join u feel a confort and job security Main advantage

read more
  • Job security - Excellent
  • +2 more

Dislikes

Growth not happening career opportunities less

  • Skill development - Poor
  • +2 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 04 Nov 2019

3.0
 for  Salary and Benefits

Likes

i feel so lucky that i am a part of a team.

  • Skill development - Excellent
  • +2 more

Dislikes

... for me . because i belong to jalandhar and i appointed in zira distt ferozepur. so my expensive is more than my salary of month. salary is not increased from joining date which is pain always.

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Complain Department

5.0
  •  posted on 01 Nov 2019

5.0
 for  Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products and has a global client base. As a result, I get to travel abroad, especially to the US and Canada. But on-site travel is completely dependent on your project and client’s location. Mine is a US based client and they have some offices in Toronto, hence I got a B1 visa quickly. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration. I also like the employee re-hire policy here.

read more
  • Salary - Excellent
  • +6 more

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.

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Marketing Department

3.0
  •  posted on 25 Mar 2018

2.0
 for  Salary and Benefits

Likes

Job security and work lifebalance is the big factor which is keeping its employees attached to this organisation.

  • Job security - Excellent
  • +1 more

Dislikes

...ntrol which makes employees confused whom to report. Typical "Yes Boss" company. No incentive and delay in salary credit is regularly problem. HR policy will be major contributor if this company fails.

read more
  • Salary - Poor
  • +2 more
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SBI Payment Services Sales Associate Salary FAQs

What is the salary of Sales Associate at SBI Payment Services ?
The average salary of a Sales Associate at SBI Payment Services in India typically ranges from ₹1.4 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Sales Associate at SBI Payment Services earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Sales Associate Salaries at SBI 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 20+ SBI Payment Services employees in India.
What is the estimated take home salary of a Sales Associate at SBI Payment Services in India?
The estimated take-home salary of a Sales Associate at SBI Payment Services in India typically ranges from ₹17,449 to ₹19,151 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.2 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 20+ salaries received from various employees of SBI Payment Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Payment Services for Sales Associate in India?
MSCI ₹16.0 Lakhs to ₹22.0 Lakhs per year
Edelweiss ₹6.0 Lakhs to ₹6.4 Lakhs per year
JM Financial ₹4.0 Lakhs to ₹8.0 Lakhs per year
Sharekhan ₹2.6 Lakhs to ₹3.7 Lakhs per year
Kotak Securities ₹1.9 Lakhs to ₹3.5 Lakhs per year

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

SBI Cards & Payment Services ₹1.3 Lakhs to ₹3.7 Lakhs per year
Aadhar Housing Finance ₹2.0 Lakhs to ₹2.6 Lakhs per year
ICICI Home Finance ₹1.8 Lakhs to ₹2.8 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 Sales Associate at SBI Payment Services in India?
The salary growth for a Sales Associate at SBI Payment Services depends on factors such as experience, performance, and promotions. On average, a Sales Associate can expect the following growth trajectory at SBI Payment Services:

Experience Average Salary Range
Fresher ₹1.4 Lakhs to ₹4.5 Lakhs per year
1 year ₹2.0 Lakhs to ₹2.8 Lakhs per year
2 years ₹1.4 Lakhs to ₹3.1 Lakhs per year
3 years ₹1.8 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Payment Services Sales Associate salary in India ranges between ₹1.4 Lakh to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 SBI Payment Services latest salaries received from various employees of SBI Payment Services.