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

Annual salary range
1 - 7 years exp.
₹3 Lakhs - ₹11.4 Lakhs
Salary of majority employees
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12% less than the average Associate Salary in Banking Companies for 1 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
1 - 6 years exp. (26 salaries)
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₹4.1 L/yr - ₹10 L/yr

Customer Success, Service & Operations
Associate Salary
1 - 7 years exp. (23 salaries)
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₹4 L/yr - ₹8 L/yr

Data Science & Analytics
Associate Salary
1 - 6 years exp. (9 salaries)
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₹3 L/yr - ₹8 L/yr

Engineering - Software & QA
Associate Salary
1 - 5 years exp. (6 salaries)
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₹4 L/yr - ₹7.2 L/yr

Finance & Accounting
Associate Salary
1 - 6 years exp. (6 salaries)
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₹4 L/yr - ₹8 L/yr

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Last Updated: 17 Mar 2025

Companies similar to State Bank of India for Associate

Company name Avg Annual Salary Open Jobs
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HDFC Bank Associate Salary

0 - 6 years exp. (67 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 48% less
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ICICI Bank Associate Salary

0 - 5 years exp. (120 salaries)

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₹1.1 L/yr - ₹8 L/yr

arrow icon 54% less
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Axis Bank Associate Salary

0 - 8 years exp. (57 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 51% less
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (1k salaries)

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₹1.1 L/yr - ₹4.2 L/yr

arrow icon 61% less
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Yes Bank Associate Salary

1 - 8 years exp. (15 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 49% less
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IDFC FIRST Bank Associate Salary

0 - 7 years exp. (634 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 52% less
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IndusInd Bank Associate Salary

2 - 7 years exp. (32 salaries)

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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 44% less
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Federal Bank Associate Salary

0 - 7 years exp. (158 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 3% less
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RBL Bank Associate Salary

0 - 6 years exp. (12 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 54% less
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Punjab National Bank Associate Salary

1 - 5 years exp. (3 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 23% less
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Associate salary at State Bank of India ranges between ₹3 Lakhs to ₹11.4 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 147 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Associate

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Experience wise State Bank of India Associate salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
1 year  (20 salaries)

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₹4 L/yr - ₹7 L/yr
2 years  (33 salaries)

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₹4 L/yr - ₹8.6 L/yr
3 years  (29 salaries)

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₹4 L/yr - ₹11.4 L/yr
4 years  (23 salaries)

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₹3 L/yr - ₹9.5 L/yr
5 years  (19 salaries)

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₹5 L/yr - ₹10 L/yr
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State Bank of India Associate Salary and Career Growth

From

To

Associate

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1 - 7 years exp.

Regional Manager

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12 - 26 years exp.

Associate

1 - 7 years exp.
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Assistant Manager

0 - 12 years exp.
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arrow icon 91% hike

Deputy Manager

4 - 15 years exp.
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arrow icon 34% hike

From

To

Associate

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1 - 7 years exp.

General Manager, Audit

Salary unavailable

From

To

Associate

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1 - 7 years exp.

New Business Manager

Salary unavailable
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in State Bank of India

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Team Lead Salary
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Salary related reviews for State Bank of India

3.6

Rated by 40 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 25 Sep 2022

4.0
 for  Salary and Benefits

Likes

SBI is India's premier public sector Bank giving competition to private players like HDFC and Axis. It was an honor to be associated with such a reputed institution. The job security is great. Customer interfacing, communication skills, on the spot dynamic thinking, on the go technical learning and adaptability to any situation -these are what i learnt from my work as a clerical staff.

read more
  • Salary - Good
  • +2 more

Dislikes

...mma, between not taking promotion and remaining stagnant in same role for years. The pay is decent, there are concessions on loans, medical facilities etc but the salary revision happens only once in 5/6 years after numerous union strikes. Passing JAIIB, CAIIB exams, Annual increment and promotion are the only way you can increase your income. Rest is at the mercy of IBA settlement.

read more

BFSI, Investments & Trading Department

1.0
  •  posted on 30 May 2022

5.0
 for  Salary and Benefits

Likes

That it provides ample learning opportunities. Has salary and perks.

  • Salary - Excellent
  • +3 more

Dislikes

Worklife balance is close to zero. Managers have little time to spent with family after work. Associates are discouraged from taking leaves even during time of urgency. Dearth of employees.

read more
  • Work satisfaction - Bad
  • +2 more

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

read more
  • Work satisfaction - Bad
  • +2 more
see more salary related reviews

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State Bank of India Associate Salary FAQs

What is the salary of Associate at State Bank of India ?
The average salary of a Associate at State Bank of India in India typically ranges from ₹3.0 Lakhs to ₹11.4 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Associate at State Bank of India earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Associate 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 100+ State Bank of India employees in India.
What is the estimated take home salary of a Associate at State Bank of India in India?
The estimated take-home salary of a Associate at State Bank of India in India typically ranges from ₹51,041 to ₹52,245 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹11.4 Lakhs per year for employees with experience ranging from 1 year to 7 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 100+ 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 Associate in India?
Chase Bank ₹17.0 Lakhs to ₹38.0 Lakhs per year
Bank of America ₹8.7 Lakhs to ₹31.9 Lakhs per year
Deutsche Bank ₹9.0 Lakhs to ₹34.0 Lakhs per year
Standard Chartered ₹7.7 Lakhs to ₹30.0 Lakhs per year
Barclays ₹6.8 Lakhs to ₹26.7 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 Associate in companies similar to State Bank of India in India?
The salary of a Associate 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:

Canara Bank ₹5.0 Lakhs to ₹19.5 Lakhs per year
Reserve Bank of India ₹7.0 Lakhs to ₹9.5 Lakhs per year
Bank of Baroda ₹5.0 Lakhs to ₹12.0 Lakhs per year
Federal Bank ₹4.0 Lakhs to ₹9.0 Lakhs per year
Punjab National Bank ₹2.5 Lakhs to ₹10.0 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 Associate at State Bank of India in India?
The salary growth for a Associate at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹7.0 Lakhs per year
2 years ₹4.0 Lakhs to ₹8.6 Lakhs per year
3 years ₹4.0 Lakhs to ₹11.4 Lakhs per year
4 years ₹3.0 Lakhs to ₹9.5 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Associate salary in India ranges between ₹3 Lakhs to ₹11.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 147 State Bank of India latest salaries received from various employees of State Bank of India.