State Bank of India Mumbai AVP Salaries by 4 Employees

4 - 14 years exp.

₹7 Lakhs - ₹22.5 Lakhs

Salary of majority employees

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50% less than the average AVP Salary in Banking Companies for 4 - 14 years of experience

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Last Updated: 2 Nov 2023

Companies similar to State Bank of India for AVP in Mumbai

State Bank of India AVP Salary

4 - 14 years exp. (4 salaries)

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₹7 L/yr - ₹22.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank AVP Salary 10 - 21 years exp. (152 salaries)	Unlock ₹14 L/yr - ₹40 L/yr 82% more
Axis Bank AVP Salary 9 - 23 years exp. (175 salaries)	Unlock ₹12 L/yr - ₹38 L/yr 72% more
Login to view exact salary
Deutsche Bank AVP Salary 8 - 19 years exp. (126 salaries)	Unlock ₹22.3 L/yr - ₹45 L/yr 123% more
IndusInd Bank AVP Salary 6 - 19 years exp. (98 salaries)	Unlock ₹9 L/yr - ₹25 L/yr 17% more
Yes Bank AVP Salary 6 - 18 years exp. (90 salaries)	Unlock ₹11 L/yr - ₹22 L/yr 4% more
Kotak Mahindra Bank AVP Salary 8 - 19 years exp. (66 salaries)	Unlock ₹11 L/yr - ₹35.5 L/yr 46% more
Barclays AVP Salary 7 - 18 years exp. (59 salaries)	Unlock ₹19 L/yr - ₹44 L/yr 118% more
IDFC FIRST Bank AVP Salary 10 - 19 years exp. (43 salaries)	Unlock ₹16 L/yr - ₹35 L/yr 74% more
Bank of America AVP Salary 12 - 20 years exp. (22 salaries)	Unlock ₹21.9 L/yr - ₹62 L/yr 147% more
Bandhan Bank AVP Salary 10 - 16 years exp. (13 salaries)	Unlock ₹18 L/yr - ₹36 L/yr 78% more
AU Small Finance Bank AVP Salary 8 - 17 years exp. (9 salaries)	Unlock ₹12.8 L/yr - ₹27 L/yr 31% more
Login to view exact salary
Shinhan Bank AVP Salary 13 - 15 years exp. (3 salaries)	Unlock ₹11.9 L/yr - ₹20 L/yr 4% more

AVP salary at State Bank of India ranges between ₹7 Lakhs to ₹22.5 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India AVP salaries in Mumbai

Last Updated: 2 Nov 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹12 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹9.9 L/yr - ₹12.7 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	Unlock ₹10.8 L/yr - ₹13.8 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹11.6 L/yr - ₹14.9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹25 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹13.4 L/yr - ₹17.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹28.4 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹15.1 L/yr - ₹19.3 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹15.9 L/yr - ₹20.4 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹16.8 L/yr - ₹21.5 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹7.8 L/yr - ₹35.3 L/yr

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Salary related reviews for State Bank of India

2.0

Rated by 2 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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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 AVP Salary FAQs

What is the salary of AVP at State Bank of India Mumbai?

AVP salary at State Bank of India in Mumbai ranges between ₹7.0 Lakhs to ₹22.5 Lakhs for experience between 4 years to 14 years. According to our estimates it is 50% less than the average AVP Salary in India. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India Mumbai.

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

The average salary of a AVP at State Bank of India is 50% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

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

Bank of America AVP Salary - ₹21.9 Lakhs to ₹62.0 Lakhs per year
Deutsche Bank AVP Salary - ₹22.3 Lakhs to ₹45.0 Lakhs per year
Barclays AVP Salary - ₹19.0 Lakhs to ₹44.0 Lakhs per year
HDFC Bank AVP Salary - ₹14.0 Lakhs to ₹40.0 Lakhs per year
Bandhan Bank AVP Salary - ₹18.0 Lakhs to ₹36.0 Lakhs per year

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

IDFC FIRST Bank AVP Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
Axis Bank AVP Salary - ₹12.0 Lakhs to ₹38.0 Lakhs per year
Kotak Mahindra Bank AVP Salary - ₹11.0 Lakhs to ₹35.5 Lakhs per year
AU Small Finance Bank AVP Salary - ₹12.8 Lakhs to ₹27.0 Lakhs per year
IndusInd Bank AVP Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a AVP at State Bank of India ranges between ₹1,02,637 per month to ₹1,05,444 per month in Mumbai. The take-home salary calculation is based on the average State Bank of India AVP salary in India which ranges between ₹7.0 Lakhs to ₹22.5 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?

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State Bank of India AVP Salaries in Mumbai

State Bank of India AVP salary in Mumbai ranges between ₹7 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India AVP salaries in Mumbai

Companies similar to State Bank of India for AVP in Mumbai

Latest annual salaries shared by State Bank of India AVP in Mumbai

Experience wise State Bank of India AVP salaries in Mumbai

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Field Officer in Amravati

Deputy Manager in Mumbai

Deputy Manager in New Delhi

State Bank of India AVP Salary FAQs

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