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State Bank of India Business Associate salaries in India

Annual salary range
0 - 4 years exp.
₹2.4 Lakhs - ₹6 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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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
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Bank of Baroda Business Associate Salary

1 - 10 years exp. (67 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 75% more
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ICICI Bank Business Associate Salary

0 - 4 years exp. (48 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 44% less
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Barclays Business Associate Salary

4 - 14 years exp. (12 salaries)

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₹11.8 L/yr - ₹24 L/yr

arrow icon 305% more
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Deutsche Bank Business Associate Salary

6 - 12 years exp. (12 salaries)

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₹16 L/yr - ₹21 L/yr

arrow icon 302% more
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₹2.8 L/yr - ₹3 L/yr

arrow icon 33% less
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HDFC Bank Business Associate Salary

1 - 3 years exp. (5 salaries)

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₹1.6 L/yr - ₹4 L/yr

arrow icon 32% less
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IDFC FIRST Bank Business Associate Salary

1 - 3 years exp. (5 salaries)

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₹1.3 L/yr - ₹3.5 L/yr

arrow icon 34% less
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Bank of America Business Associate Salary

3 - 9 years exp. (4 salaries)

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₹14 L/yr - ₹20 L/yr

arrow icon 312% more
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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 52% less
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Bandhan Bank Business Associate Salary

3 - 8 years exp. (3 salaries)

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₹1.5 L/yr - ₹3.8 L/yr

arrow icon 47% less
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₹2 L/yr - ₹4.7 L/yr

arrow icon 20% less
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Axis Bank Business Associate Salary

0 - 5 years exp. (3 salaries)

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₹2.3 L/yr - ₹10.5 L/yr

arrow icon 20% more
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.

Latest annual salaries shared by State Bank of India Business Associate

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4 years exp.
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Experience wise State Bank of India Business Associate salaries

Last Updated: 9 Jun 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5 L/yr - ₹9.8 L/yr
1 year (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹6 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.4 L/yr

Similar Designation salaries in State Bank of India

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₹6 L/yr - ₹25.56 L/yr
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₹4.5 L/yr - ₹14 L/yr
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₹2 L/yr - ₹15 L/yr
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₹10 L/yr - ₹14.52 L/yr
Senior Analyst Salary
(3 salaries)
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₹4.2 L/yr - ₹10 L/yr
Analyst Salary
(5 salaries)
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₹7.22 L/yr - ₹24 L/yr
Team Lead Salary
(49 salaries)
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₹1.8 L/yr - ₹5 L/yr
Project Manager Salary
(16 salaries)
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₹7.5 L/yr - ₹27 L/yr
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₹19 L/yr - ₹27 L/yr
Data Analyst Salary
(4 salaries)
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₹1 L/yr - ₹5.65 L/yr

Salary related reviews for State Bank of India

1.0

Rated by 1 employees for salary & benefits

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

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.

read more
  • 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.

read more
  • Company culture - Poor
  • +1 more

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

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Sep 2023

2.0
 for  Salary and Benefits

Likes

Salary and perks

  • Job security - Good

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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State Bank of India Business Associate Salary FAQs

What is the salary of Business Associate at State Bank of India ?
The average salary of a Business Associate at State Bank of India in India typically ranges from ₹2.4 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Business Associate at State Bank of India earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business Associate 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 4 State Bank of India employees in India.
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 in India typically ranges from ₹31,313 to ₹32,608 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than State Bank of India for Business Associate in India?
Bank of America ₹14.0 Lakhs to ₹20.0 Lakhs per year
Barclays ₹11.8 Lakhs to ₹24.0 Lakhs per year
Deutsche Bank ₹16.0 Lakhs to ₹21.0 Lakhs per year
Bank of Baroda ₹4.0 Lakhs to ₹10.0 Lakhs per year
Axis Bank ₹2.3 Lakhs to ₹10.5 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.
What is the salary of a Business Associate in companies similar to State Bank of India in India?
The salary of a Business Associate at companies similar to State Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Union Bank of India ₹2.0 Lakhs to ₹4.7 Lakhs per year
HDFC Bank ₹1.6 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank ₹2.8 Lakhs to ₹3.0 Lakhs per year
IDFC FIRST Bank ₹1.3 Lakhs to ₹3.5 Lakhs per year
ICICI Bank ₹1.7 Lakhs to ₹3.5 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.
How the salary growth look like for a Business Associate at State Bank of India in India?
The salary growth for a Business Associate at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Business Associate can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
Fresher ₹5.0 Lakhs to ₹9.8 Lakhs per year
1 year ₹4.4 Lakhs to ₹5.6 Lakhs per year
2 years ₹2.4 Lakhs to ₹6.0 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Business Associate salary in India ranges between ₹2.4 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 State Bank of India latest salaries received from various employees of State Bank of India.