Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary159% more than the average Banker Salary in Banking Companies for 2 - 31 years of experience
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Salaries in different departments
Finance & Accounting
Banker Salary
2 - 31
years
exp.
(11
salaries)
|  ₹6.6 L/yr - ₹16 L/yr |
Customer Success, Service & Operations
Banker Salary
2 - 10
years
exp.
(8
salaries)
| ₹6 L/yr - ₹16.1 L/yr |
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| |
BFSI, Investments & Trading
Banker Salary
3 - 27
years
exp.
(3
salaries)
| ₹8 L/yr - ₹20 L/yr |
Sales & Business Development
Banker Salary
3 - 30
years
exp.
(AmbitionBox Estimate)
| ₹7 L/yr - ₹18 L/yr |
Companies similar to State Bank of India for Banker
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 ICICI Bank Banker Salary
0 - 6 years exp. (331 salaries) | ₹1.6 L/yr - ₹9 L/yr 
66%
less | |
 HDFC Bank Banker Salary
0 - 8 years exp. (274 salaries) | ₹1.2 L/yr - ₹8.5 L/yr
68%
less | |
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| ||
 Axis Bank Banker Salary
0 - 8 years exp. (209 salaries) | ₹1.4 L/yr - ₹7.2 L/yr
67%
less | |
 Kotak Mahindra Bank Banker Salary
0 - 8 years exp. (161 salaries) | ₹2 L/yr - ₹6 L/yr
70%
less | |
 Bandhan Bank Banker Salary
0 - 6 years exp. (122 salaries) | ₹1.2 L/yr - ₹6.2 L/yr
74%
less | |
 IDFC FIRST Bank Banker Salary
0 - 6 years exp. (96 salaries) | ₹2 L/yr - ₹7.4 L/yr
67%
less | |
 IndusInd Bank Banker Salary
1 - 8 years exp. (88 salaries) | ₹1.6 L/yr - ₹5.7 L/yr
68%
less | |
 Yes Bank Banker Salary
1 - 8 years exp. (69 salaries) | ₹2.3 L/yr - ₹8.3 L/yr
64%
less | |
 Bank of Baroda Banker Salary
0 - 10 years exp. (39 salaries) | ₹1.5 L/yr - ₹8.5 L/yr
47%
less | |
 AU Small Finance Bank Banker Salary
0 - 6 years exp. (38 salaries) | ₹2.3 L/yr - ₹5.6 L/yr
70%
less | |
 Canara Bank Banker Salary
4 - 12 years exp. (33 salaries) | ₹4.1 L/yr - ₹15.8 L/yr
18%
less | |
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| ||
 IDBI Bank Banker Salary
3 - 16 years exp. (32 salaries) | ₹9 L/yr - ₹25 L/yr 
27%
more | |
 Bank of India Banker Salary
0 - 8 years exp. (21 salaries) | ₹1 L/yr - ₹8 L/yr
68%
less | |
 Punjab National Bank Banker Salary
2 - 13 years exp. (17 salaries) | ₹1.2 L/yr - ₹6.4 L/yr
55%
less | |
 Indian Bank Banker Salary
2 - 14 years exp. (12 salaries) | ₹2.8 L/yr - ₹8.5 L/yr
45%
less | |
 Union Bank of India Banker Salary
2 - 14 years exp. (8 salaries) | ₹4.3 L/yr - ₹16.5 L/yr
23%
less | |
 Standard Chartered Banker Salary
8 - 15 years exp. (7 salaries) | ₹4.8 L/yr - ₹8 L/yr
50%
less | |
 Barclays Banker Salary
1 - 6 years exp. (5 salaries) | ₹5 L/yr - ₹8 L/yr
42%
less | |
 Allahabad Bank Banker Salary
3 - 5 years exp. (4 salaries) | ₹2.3 L/yr - ₹4 L/yr
71%
less | |
 Indian Overseas Bank Banker Salary
5 - 12 years exp. (4 salaries) | ₹6 L/yr - ₹13 L/yr
28%
less | |
Latest annual salaries shared by State Bank of India Banker
Experience wise State Bank of India Banker salaries
Last Updated: 1 Mar 2025
| Experience | Avg Annual Salary |
|---|---|
| 2 years (6 salaries) |
₹2.2
L/yr
- ₹12.6
L/yr
|
| 3 years (9 salaries) |
₹2.5
L/yr
- ₹12
L/yr
|
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| |
| 4 years (5 salaries) |
₹3.1
L/yr
- ₹8
L/yr
|
| 5 years (4 salaries) |
₹3.6
L/yr
- ₹14.5
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹8
L/yr
- ₹12
L/yr
|
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State Bank of India Banker Salary FAQs
The top 10% of Banker at State Bank of India earn more than ₹18.7 Lakhs per year, and the top 1% earn over ₹31.2 Lakhs per year. Banker 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 60+ State Bank of India employees in India.
| IDBI Bank | ₹9.0 Lakhs to ₹25.0 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.
| Canara Bank | ₹4.1 Lakhs to ₹15.8 Lakhs per year |
| Union Bank of India | ₹4.3 Lakhs to ₹16.5 Lakhs per year |
| Indian Overseas Bank | ₹6.0 Lakhs to ₹13.0 Lakhs per year |
| Barclays | ₹5.0 Lakhs to ₹8.0 Lakhs per year |
| Deutsche Bank | ₹3.0 Lakhs to ₹10.5 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.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹2.2 Lakhs to ₹12.6 Lakhs per year |
| 3 years | ₹2.5 Lakhs to ₹12.0 Lakhs per year |
| 4 years | ₹3.1 Lakhs to ₹8.0 Lakhs per year |
| 5 years | ₹3.6 Lakhs to ₹14.5 Lakhs per year |
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State Bank of India Banker Salaries by Location
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State Bank of India Banker salary
in
India
ranges between ₹7
Lakhs to ₹18.7
Lakhs with an average annual salary of
₹. Salary estimates are based on
64
State Bank of India latest salaries received from various employees of
State Bank of India.