State Bank of India Business Correspondent Salaries by 30+ Employees (Updated 2025)

1 - 12 years exp.

₹1.3 Lakh - ₹4 Lakhs

Salary of majority employees

Unlock

At par with the average Business Correspondent Salary in Banking Companies for 1 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations Business Correspondent Salary 1 - 12 years exp. (11 salaries)	Unlock ₹1.8 L/yr - ₹3.2 L/yr
BFSI, Investments & Trading Business Correspondent Salary 1 - 7 years exp. (8 salaries)	Unlock ₹1.3 L/yr - ₹3 L/yr
Login to view exact salary
Finance & Accounting Business Correspondent Salary 5 - 8 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.2 L/yr
Marketing & Communication Business Correspondent Salary 5 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹3.5 L/yr
Sales & Business Development Business Correspondent Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹3.9 L/yr

Last Updated: 5 Dec 2024

Companies similar to State Bank of India for Business Correspondent

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Correspondent Salary 0 - 6 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹3.5 L/yr 2% more
HDFC Bank Business Correspondent Salary 1 - 5 years exp. (6 salaries)	Unlock ₹1.9 L/yr - ₹3.6 L/yr 13% less
Login to view exact salary
Axis Bank Business Correspondent Salary 2 - 7 years exp. (6 salaries)	Unlock ₹0.9 L/yr - ₹2.8 L/yr 22% less
IDFC FIRST Bank Business Correspondent Salary 2 - 12 years exp. (4 salaries)	Unlock ₹2.1 L/yr - ₹4 L/yr 5% more
IndusInd Bank Business Correspondent Salary 2 - 3 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹3 L/yr 2% less
Punjab National Bank Business Correspondent Salary 2 - 13 years exp. (6 salaries)	Unlock ₹1.5 L/yr - ₹2.5 L/yr 25% less
Bank of Baroda Business Correspondent Salary 2 - 10 years exp. (20 salaries)	Unlock ₹1.7 L/yr - ₹4.2 L/yr 15% less
Canara Bank Business Correspondent Salary 1 - 6 years exp. (12 salaries)	Unlock ₹1.2 L/yr - ₹5.2 L/yr 4% more
Bank of India Business Correspondent Salary 0 - 10 years exp. (12 salaries)	Unlock ₹1 L/yr - ₹4.5 L/yr 4% less
Indian Overseas Bank Business Correspondent Salary 1 - 5 years exp. (11 salaries)	Unlock ₹1 L/yr - ₹3 L/yr 35% less
Central Bank of India Business Correspondent Salary 0 - 6 years exp. (9 salaries)	Unlock ₹1.5 L/yr - ₹3 L/yr 16% less
Login to view exact salary
Indian Bank Business Correspondent Salary 1 - 9 years exp. (8 salaries)	Unlock ₹1.2 L/yr - ₹3 L/yr 18% less
Union Bank of India Business Correspondent Salary 0 - 5 years exp. (5 salaries)	Unlock ₹1 L/yr - ₹3.3 L/yr 26% less

Business Correspondent salary at State Bank of India ranges between ₹1.3 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 34 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Business Correspondent

3mo ago

Unlock

2 years exp.

11mo ago

Unlock

1 year exp.

11mo ago

Unlock

2 years exp.

1y ago

Unlock

12 years exp.

1y ago

Unlock

3 years exp.

1y ago

Unlock

1 year exp.

1y ago

Unlock

5 years exp.

1y ago

Unlock

11 years exp.

1y ago

Unlock

6 years exp.

1y ago

Unlock

8 years exp.

Experience wise State Bank of India Business Correspondent salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
1 year (9 salaries)	Unlock ₹1.5 L/yr - ₹4.6 L/yr
2 years (4 salaries)	Unlock ₹1.3 L/yr - ₹4.7 L/yr
Login to view exact salary
3 years (4 salaries)	Unlock ₹1.3 L/yr - ₹4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹3 L/yr
5 years (6 salaries)	Unlock ₹2.3 L/yr - ₹3.1 L/yr
6 years (3 salaries)	Unlock ₹1.1 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.3 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.4 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹1.2 L/yr - ₹3.6 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in State Bank of India

Sales Coordinator Salary

(6 salaries)

Unlock

₹1.7 L/yr - ₹3 L/yr

Business Development Manager Salary

(12 salaries)

Unlock

₹2 L/yr - ₹6 L/yr

Sales Executive Salary

(168 salaries)

Unlock

₹0.92 L/yr - ₹4 L/yr

Business Development Associate Salary

(6 salaries)

Unlock

₹2 L/yr - ₹4 L/yr

Business Development Executive Salary

(8 salaries)

Unlock

₹2.05 L/yr - ₹3.75 L/yr

Sales Associate Salary

(4 salaries)

Unlock

₹2.1 L/yr - ₹3 L/yr

Branch Sales Manager Salary

(4 salaries)

Unlock

₹0.9 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

Unlock

₹3.7 L/yr - ₹19.14 L/yr

Store Manager Salary

(3 salaries)

Unlock

₹8.2 L/yr - ₹13.2 L/yr

Team Lead Salary

(49 salaries)

Unlock

₹1.8 L/yr - ₹5 L/yr

Salary related reviews for State Bank of India

3.1

Rated by 16 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

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

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 20 Dec 2023

3.0

for Salary and Benefits

Likes

Job is secured. We get to serve all kind of customers. Employees get huge exposure in whichever field /segment they are working in, great medical benefit, loans at concessional rate.

Job security - Excellent

Dislikes

Age old promotion policy, rigid system, salary is not as per industry standard, lack of proper training, late sitting is rewarded, no facility for working mothers, except for maternity leave, no wfh facility.

Skill development - Bad

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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

Got a question about State Bank of India?

Ask anonymously on communities.

State Bank of India Business Correspondent Salary FAQs

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

Business Correspondent salary at State Bank of India in India ranges between ₹1.3 Lakhs to ₹4.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 2% more than the average Business Correspondent Salary in India. Salary estimates are based on 34 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Business Correspondent at State Bank of India is 2% more than the average salary of a Business Correspondent in India. To know exact salary insights, login to view.

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

IDFC FIRST Bank Business Correspondent Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
Canara Bank Business Correspondent Salary - ₹1.2 Lakhs to ₹5.2 Lakhs per year
ICICI Bank Business Correspondent Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year

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

IndusInd Bank Business Correspondent Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
Bank of India Business Correspondent Salary - ₹1.0 Lakhs to ₹4.5 Lakhs per year
HDFC Bank Business Correspondent Salary - ₹1.9 Lakhs to ₹3.6 Lakhs per year
Bank of Baroda Business Correspondent Salary - ₹1.7 Lakhs to ₹4.2 Lakhs per year
Central Bank of India Business Correspondent Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Business Correspondent at State Bank of India ranges between ₹19,693 per month to ₹21,360 per month in India. The take-home salary calculation is based on the average State Bank of India Business Correspondent salary in India which ranges between ₹1.3 Lakhs to ₹4.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 77% of the State Bank of India Business Correspondents reported a notice period of 15 days or less, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

State Bank of India Business Correspondent Salaries by Location

Home >
Salaries >
State Bank of India Salaries >
State Bank of India Business Correspondent Salaries

State Bank of India Business Correspondent salary in India ranges between ₹1.3 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Business Correspondent salaries in India

Companies similar to State Bank of India for Business Correspondent

Latest annual salaries shared by State Bank of India Business Correspondent

Experience wise State Bank of India Business Correspondent salaries

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in New Delhi

Branch Manager in Mumbai

State Bank of India Business Correspondent Salary FAQs

Recently Viewed

RBL Bank

Home Credit Finance