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State Bank of India Banking Officer salaries in Indore

Annual salary range
1 - 3 years exp.
₹4.9 Lakhs - ₹9.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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Fixed (44%)
₹2.9 Lakhs
Variable (56%)
₹3.6 Lakhs
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67% more than the average Banking Officer Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 14 Aug 2024

Companies similar to State Bank of India for Banking Officer in Indore

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State Bank of India Banking Officer Salary

1 - 3 years exp. (3 salaries)

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₹4.9 L/yr - ₹9.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Banking Officer Salary

0 - 6 years exp. (21 salaries)

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₹2.1 L/yr - ₹5.8 L/yr

arrow icon 47% less
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IndusInd Bank Banking Officer Salary

1 - 6 years exp. (6 salaries)

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₹1.6 L/yr - ₹3.7 L/yr

arrow icon 57% less
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₹2 L/yr - ₹4.5 L/yr

arrow icon 51% less
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₹2 L/yr - ₹3 L/yr

arrow icon 65% less
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₹1.9 L/yr - ₹2.6 L/yr

arrow icon 63% less
Banking Officer salary at State Bank of India ranges between ₹4.9 Lakhs to ₹9.9 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 3 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Banking Officer in Indore

7mo ago
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3 years exp.
1y ago
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1 year exp.

Experience wise State Bank of India Banking Officer salaries in Indore

Last Updated: 14 Aug 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr

Similar Designation salaries in State Bank of India

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₹6 L/yr - ₹10 L/yr

Salary related reviews for State Bank of India

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 23 Apr 2022

3.0
 for  Salary and Benefits

Likes

There is no work life balance in the bank . Working on holiday without any compensation is regular aspect here. Hr policies are only for namesake

read more

Dislikes

There is no space at all fo work life balance. Officers here work daily for 13 to 14 hours and also work on holiday without getting any compensation

read more
  • Work satisfaction - Bad
  • +2 more

Other Department

5.0
  •  posted on 18 Apr 2018

5.0
 for  Salary and Benefits

Likes

...premier banking institute of international repute. It has large branch network. Excellent team work, job security,good salary and perks with periodical revision. No political interference, good training facility, constant renovation for modern requirements.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Nil

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
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State Bank of India Banking Officer Salary FAQs

How the salary growth look like for a Banking Officer at State Bank of India in Indore?
The salary growth for a Banking Officer at State Bank of India in Indore depends on factors such as experience, performance, and promotions. On average, a Banking Officer in Indore can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
1 year ₹4.6 Lakhs to ₹5.9 Lakhs per year
2 years ₹4.8 Lakhs to ₹6.2 Lakhs per year
3 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
and so on.

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State Bank of India Banking Officer salary in Indore ranges between ₹4.9 Lakhs to ₹9.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 State Bank of India latest salaries received from various employees of State Bank of India.