State Bank of India AGM Salaries by 20+ Employees (Updated 2025)

23 - 32 years exp.

₹12.5 Lakhs - ₹38 Lakhs

Salary of majority employees

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5% more than the average AGM Salary in Banking Companies for 23 - 32 years of experience

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Salaries in different departments

BFSI, Investments & Trading AGM Salary 23 - 31 years exp. (6 salaries)	Unlock ₹11.8 L/yr - ₹32 L/yr
Risk Management & Compliance AGM Salary 26 - 32 years exp. (5 salaries)	Unlock ₹24.9 L/yr - ₹35 L/yr
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Customer Success, Service & Operations AGM Salary 31 years exp. (AmbitionBox Estimate)	Unlock ₹22.2 L/yr - ₹27.2 L/yr

Last Updated: 19 Feb 2025

Companies similar to State Bank of India for AGM

Company name	Avg Annual Salary	Open Jobs
ICICI Bank AGM Salary 15 - 25 years exp. (28 salaries)	Unlock ₹30 L/yr - ₹70 L/yr 101% more
HDFC Bank AGM Salary 13 - 20 years exp. (5 salaries)	Unlock ₹32 L/yr - ₹70 L/yr 78% more
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Punjab National Bank AGM Salary 16 - 31 years exp. (3 salaries)	Unlock ₹12 L/yr - ₹30 L/yr 13% less
Bank of Baroda AGM Salary 31 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹25 L/yr 44% less
IDBI Bank AGM Salary 12 - 20 years exp. (54 salaries)	Unlock ₹15 L/yr - ₹31 L/yr 4% less
UCO Bank AGM Salary 29 - 31 years exp. (3 salaries)	Unlock ₹6.3 L/yr - ₹21.6 L/yr 52% less
Reserve Bank of India AGM Salary 10 - 22 years exp. (4 salaries)	Unlock ₹24.8 L/yr - ₹50 L/yr 36% more

AGM salary at State Bank of India ranges between ₹12.5 Lakhs to ₹38 Lakhs per year for employees with experience between 23 years to 32 years. Salary estimates are based on 20 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India AGM

3d ago

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32 years exp.

3w ago

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25 years exp.

1mo ago

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32 years exp.

2mo ago

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27 years exp.

8mo ago

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26 years exp.

11mo ago

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26 years exp.

11mo ago

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24 years exp.

1y ago

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26 years exp.

1y ago

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31 years exp.

1y ago

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31 years exp.

Experience wise State Bank of India AGM salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
15+ years (20 salaries)	Unlock ₹12.5 L/yr - ₹38 L/yr
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Salary related reviews for State Bank of India

3.9

Rated by 8 employees for salary & benefits

Deputy Manager in Bokaro

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jan 2025

1.0

for Salary and Benefits

Likes

Fixed salary

Job security - Excellent

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.

Salary - Bad

+5 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

2.0

• posted on 15 Nov 2024

4.0

for Salary and Benefits

Likes

Nothing to like really. You just get stuck in doing monotonous job

Salary - Good

+1 more

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.

Skill development - Bad

+3 more

Field Officer in Amravati

Full Time

Other Department

3.0

• posted on 20 Oct 2024

5.0

for Salary and Benefits

Likes

Working at SBI is great satisfaction which comes with job security and Salary and other benefits. working in diffrent roles gives knowledge in overall banking sector

Salary - Excellent

+2 more

Dislikes

There is no work life balance . Lot of work pressure and no sympathy towards staff. Frequent transfers to diffrent locations and high pressure of achieving targets

Work satisfaction - Bad

+2 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted 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.

Salary - Good

+2 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.

Company culture - Poor

+1 more

Deputy Manager in New Delhi

Full Time

Other Department

3.0

• posted on 28 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and little bit of recognition

Job security - Excellent

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

Work satisfaction - Bad

+2 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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State Bank of India AGM Salary FAQs

What is the salary of AGM at State Bank of India?

AGM salary at State Bank of India in India ranges between ₹12.5 Lakhs to ₹38.0 Lakhs for experience between 23 years to 32 years. According to our estimates it is 5% more than the average AGM Salary in India. Salary estimates are based on 20 latest salaries received from various employees of State Bank of India India.

How does the salary of a AGM at State Bank of India India compare with the average salary range for this job?

The average salary of a AGM at State Bank of India is 5% more than the average salary of a AGM in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a AGM in India?

ICICI Bank AGM Salary - ₹30.0 Lakhs to ₹70.0 Lakhs per year
HDFC Bank AGM Salary - ₹32.0 Lakhs to ₹70.0 Lakhs per year
Reserve Bank of India AGM Salary - ₹24.8 Lakhs to ₹50.0 Lakhs per year

What is the salary of a AGM in companies similar to State Bank of India in India?

IDBI Bank AGM Salary - ₹15.0 Lakhs to ₹31.0 Lakhs per year
Punjab National Bank AGM Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda AGM Salary - ₹3.0 Lakhs to ₹25.0 Lakhs per year
UCO Bank AGM Salary - ₹6.3 Lakhs to ₹21.6 Lakhs per year

What is the estimated take home salary of a AGM at State Bank of India in India?

The estimated take-home salary of a AGM at State Bank of India ranges between ₹1,62,916 per month to ₹1,69,145 per month in India. The take-home salary calculation is based on the average State Bank of India AGM salary in India which ranges between ₹12.5 Lakhs to ₹38.0 Lakhs per year for employees with experience between 23 years to 32 years. Check how did we calculate take home salary?

What is the notice period for AGM at State Bank of India?

According to AmbitionBox, 47% of the State Bank of India AGMs reported a notice period of 3 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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State Bank of India AGM Salaries by Location

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State Bank of India AGM Salaries

State Bank of India AGM salary in India ranges between ₹12.5 Lakhs to ₹38 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 State Bank of India latest salaries received from various employees of State Bank of India.