State Bank of India Business Associate Salaries by 4 Employees (Updated 2024)

0 - 4 years exp.

₹2.4 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

15% less than the average Business Associate Salary in Banking Companies for 0 - 4 years of experience

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Last Updated: 9 Jun 2024

Companies similar to State Bank of India for Business Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Associate Salary 0 - 5 years exp. (53 salaries)	₹1.7 L/yr - ₹3.5 L/yr 44% less
Bank of Baroda Business Associate Salary 1 - 10 years exp. (67 salaries)	₹4 L/yr - ₹10 L/yr 69% more
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Union Bank of India Business Associate Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹4.7 L/yr 20% less
Barclays Business Associate Salary 0 - 13 years exp. (12 salaries)	₹11.8 L/yr - ₹23.1 L/yr 319% more
Deutsche Bank Business Associate Salary 2 - 13 years exp. (7 salaries)	₹13 L/yr - ₹22.9 L/yr 367% more
IDFC FIRST Bank Business Associate Salary 1 - 3 years exp. (5 salaries)	₹1.3 L/yr - ₹3.5 L/yr 40% less
Kotak Mahindra Bank Business Associate Salary 2 - 3 years exp. (4 salaries)	₹2.9 L/yr - ₹3 L/yr 30% less
Bank of America Business Associate Salary 3 - 9 years exp. (4 salaries)	₹14 L/yr - ₹20 L/yr 312% more
Yes Bank Business Associate Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr 18% more
Central Bank of India Business Associate Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 52% less
Bandhan Bank Business Associate Salary 3 - 8 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 49% less
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Business Associate salary at State Bank of India ranges between ₹2.4 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Business Associate salaries

Last Updated: 9 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹9.8 L/yr
1 year (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.4 L/yr

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Salary related reviews for State Bank of India

1.0

Rated by 1 employees for salary & benefits

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

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.

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.

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.

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

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

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

Deputy Manager in Visnagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Apr 2023

4.0

for Salary and Benefits

Likes

Salary and perks are good

Dislikes

You have to work 12 hours a day, management pressure, you have to work on Sunday and holiday also, due to staff shortage you can't get leave on occasion. You can't give time to your family.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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State Bank of India Business Associate Salary FAQs

What is the salary of Business Associate at State Bank of India?

Business Associate salary at State Bank of India in India ranges between ₹2.4 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 15% less than the average Business Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Business Associate at State Bank of India is 15% less than the average salary of a Business Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a Business Associate in India?

Deutsche Bank Business Associate Salary - ₹13.0 Lakhs to ₹22.9 Lakhs per year
Barclays Business Associate Salary - ₹11.8 Lakhs to ₹23.1 Lakhs per year
Bank of America Business Associate Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
Bank of Baroda Business Associate Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
Yes Bank Business Associate Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Business Associate in companies similar to State Bank of India in India?

Union Bank of India Business Associate Salary - ₹2.0 Lakhs to ₹4.7 Lakhs per year
Kotak Mahindra Bank Business Associate Salary - ₹2.9 Lakhs to ₹3.0 Lakhs per year
IDFC FIRST Bank Business Associate Salary - ₹1.3 Lakhs to ₹3.5 Lakhs per year
ICICI Bank Business Associate Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
Bandhan Bank Business Associate Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Business Associate at State Bank of India in India?

The estimated take-home salary of a Business Associate at State Bank of India ranges between ₹31,313 per month to ₹32,608 per month in India. The take-home salary calculation is based on the average State Bank of India Business Associate salary in India which ranges between ₹2.4 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Business Associate at State Bank of India?

According to AmbitionBox, 100% of the State Bank of India Business Associates reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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State Bank of India Business Associate Salaries

State Bank of India Business Associate salary in India ranges between ₹2.4 Lakhs to ₹6 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.