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State Bank of India Associate salaries in Pune

Annual salary range
2 - 7 years exp.
₹4.5 Lakhs - ₹8 Lakhs
Salary of majority employees
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8% less than the average Associate Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Associate Salary
2 - 7 years exp. (3 salaries)
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₹5 L/yr - ₹7.2 L/yr

Data Science & Analytics
Associate Salary
3 - 4 years exp. (3 salaries)
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₹5 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Associate Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹7.8 L/yr

Engineering - Software & QA
Associate Salary
5 years exp. (AmbitionBox Estimate)
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₹6.4 L/yr - ₹7.5 L/yr

Finance & Accounting
Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹8 L/yr

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Last Updated: 16 Jan 2025

Companies similar to State Bank of India for Associate in Pune

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State Bank of India Associate Salary

2 - 7 years exp. (15 salaries)

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₹4.5 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Associate Salary

0 - 7 years exp. (63 salaries)

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₹1.2 L/yr - ₹3.6 L/yr

arrow icon 62% less
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Federal Bank Associate Salary

0 - 4 years exp. (9 salaries)

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₹4.8 L/yr - ₹7 L/yr

arrow icon 1% more
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Deutsche Bank Associate Salary

2 - 15 years exp. (2.2k salaries)

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₹9.2 L/yr - ₹35 L/yr

arrow icon 209% more
31 job openings
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Cognizant Associate Salary

0 - 9 years exp. (7.7k salaries)

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₹5.2 L/yr - ₹14.5 L/yr

arrow icon 35% more
15 job openings
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WNS Associate Salary

0 - 5 years exp. (1.6k salaries)

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₹1 L/yr - ₹6.5 L/yr

arrow icon 55% less
4 job openings
Associate salary at State Bank of India ranges between ₹4.5 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 15 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Associate in Pune

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Experience wise State Bank of India Associate salaries in Pune

Last Updated: 16 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹5 L/yr - ₹11.1 L/yr
3 years  (4 salaries)

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₹4.5 L/yr - ₹8 L/yr
4 years  (4 salaries)

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₹5 L/yr - ₹7.2 L/yr
5 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹12.6 L/yr
6 years (AmbitionBox Estimate)

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₹6 L/yr - ₹13.1 L/yr
View all

Similar Designation salaries in State Bank of India

Team Lead Salary
(3 salaries)
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₹2.7 L/yr - ₹3.44 L/yr
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₹7.1 L/yr - ₹10 L/yr

Salary related reviews for State Bank of India

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.

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  • 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

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  • 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 Pune?
Associate salary at State Bank of India in Pune ranges between ₹4.5 Lakhs to ₹8.0 Lakhs for experience between 2 years to 7 years. According to our estimates it is 8% less than the average Associate Salary in India. Salary estimates are based on 15 latest salaries received from various employees of State Bank of India Pune.
How does the salary of a Associate at State Bank of India Pune compare with the average salary range for this job?
The average salary of a Associate at State Bank of India is 8% less than the average salary of a Associate in Pune. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Associate in Pune?
  • Deutsche Bank Associate Salary - ₹9.2 Lakhs to ₹35.0 Lakhs per year
  • Cognizant Associate Salary - ₹5.2 Lakhs to ₹14.5 Lakhs per year
  • Federal Bank Associate Salary - ₹4.8 Lakhs to ₹7.0 Lakhs per year
What is the salary of a Associate in companies similar to State Bank of India in Pune?
  • WNS Associate Salary - ₹1.0 Lakhs to ₹6.5 Lakhs per year
  • Kotak Mahindra Bank Associate Salary - ₹1.2 Lakhs to ₹3.6 Lakhs per year
What is the estimated take home salary of a Associate at State Bank of India in Pune?
The estimated take-home salary of a Associate at State Bank of India ranges between ₹51,304 per month to ₹52,514 per month in Pune. The take-home salary calculation is based on the average State Bank of India Associate salary in India which ranges between ₹4.5 Lakhs to ₹8.0 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Associate at State Bank of India in Pune?
According to AmbitionBox, 50% of the State Bank of India Associates in Pune reported a notice period of 1 Month, 38% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

State Bank of India Associate salary in Pune ranges between ₹4.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 State Bank of India latest salaries received from various employees of State Bank of India.