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State Bank of India AGM salaries in India (Updated 2025)

Annual salary range
23 - 32 years exp.
₹12.5 Lakhs - ₹38 Lakhs
Salary of majority employees
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At par with 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)
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₹11.8 L/yr - ₹32 L/yr

Risk Management & Compliance
AGM Salary
26 - 32 years exp. (5 salaries)
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₹24.9 L/yr - ₹35 L/yr

Customer Success, Service & Operations
AGM Salary
31 years exp. (AmbitionBox Estimate)
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₹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
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IDBI Bank AGM Salary

12 - 20 years exp. (54 salaries)

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₹15 L/yr - ₹31 L/yr

arrow icon 4% less
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ICICI Bank AGM Salary

15 - 25 years exp. (28 salaries)

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₹30 L/yr - ₹70 L/yr

arrow icon 99% more
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HDFC Bank AGM Salary

13 - 20 years exp. (5 salaries)

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₹32 L/yr - ₹70 L/yr

arrow icon 78% more
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Bank of Baroda AGM Salary

31 years exp. (4 salaries)

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₹3 L/yr - ₹25 L/yr

arrow icon 44% less
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Reserve Bank of India AGM Salary

10 - 22 years exp. (4 salaries)

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₹24.8 L/yr - ₹50 L/yr

arrow icon 36% more
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Punjab National Bank AGM Salary

16 - 31 years exp. (3 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 13% less
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

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32 years exp.
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25 years exp.
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32 years exp.
2mo ago
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27 years exp.
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26 years exp.
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26 years exp.
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24 years exp.
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26 years exp.
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31 years exp.
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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)

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₹12.5 L/yr - ₹38 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary
(628 salaries)
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₹7.2 L/yr - ₹28 L/yr
Chief Manager Salary
(364 salaries)
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₹15 L/yr - ₹50 L/yr
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₹15 L/yr - ₹55 L/yr
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₹5.72 L/yr - ₹16 L/yr
Sales Executive Salary
(175 salaries)
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₹1 L/yr - ₹4 L/yr
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₹5 L/yr - ₹18.67 L/yr
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₹1.15 L/yr - ₹4 L/yr
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₹1.75 L/yr - ₹4.5 L/yr
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₹4.5 L/yr - ₹14 L/yr
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₹1 L/yr - ₹5 L/yr

Salary related reviews for State Bank of India

4.6

Rated by 8 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 20 Mar 2025

4.0
 for  Salary and Benefits

Likes

...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

read more
  • Salary - Good
  • +4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

read more
  • Work-life balance - Bad

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Skill development - Bad
  • +3 more

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

read more
  • 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

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  • Work satisfaction - Bad
  • +2 more

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.

read more
  • 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.

read more
  • Company culture - Poor
  • +1 more
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State Bank of India AGM Salary FAQs

What is the salary of AGM at State Bank of India ?
The average salary of a AGM at State Bank of India in India typically ranges from ₹12.5 Lakhs to ₹38.0 Lakhs per year, depending on experience (from 23 years to 32 years).

The top 10% of AGM at State Bank of India earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹38.0 Lakhs per year. AGM Salaries at State Bank of India 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+ State Bank of India employees in India.
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 in India typically ranges from ₹1,62,916 to ₹1,69,145 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹38.0 Lakhs per year for employees with experience ranging from 23 years to 32 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 State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than State Bank of India for AGM in India?
ICICI Bank ₹30.0 Lakhs to ₹70.0 Lakhs per year
HDFC Bank ₹32.0 Lakhs to ₹70.0 Lakhs per year
Reserve Bank of India ₹24.8 Lakhs to ₹50.0 Lakhs per year

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

IDBI Bank ₹15.0 Lakhs to ₹31.0 Lakhs per year
Punjab National Bank ₹12.0 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda ₹3.0 Lakhs to ₹25.0 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 AGM at State Bank of India in India?
The salary growth for a AGM at State Bank of India depends on factors such as experience, performance, and promotions. On average, a AGM can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
15 years ₹12.5 Lakhs to ₹38.0 Lakhs per year
and so on.

Tell us how to improve this page.

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