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

4 - 6 years exp.

₹1.2 Lakh - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

23% more than the average Business Correspondent Agent Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 2 Jan 2024

Companies similar to State Bank of India for Business Correspondent Agent

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Correspondent Agent Salary 0 - 8 years exp. (3 salaries)	₹1 L/yr - ₹3 L/yr 37% less
Axis Bank Business Correspondent Agent Salary 0 - 9 years exp. (3 salaries)	₹1.2 L/yr - ₹6 L/yr 16% more
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Punjab National Bank Business Correspondent Agent Salary 4 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹3.6 L/yr 34% less
Bank of Baroda Business Correspondent Agent Salary 1 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹5.2 L/yr 6% less
Canara Bank Business Correspondent Agent Salary 1 - 2 years exp. (4 salaries)	₹1 L/yr - ₹1.5 L/yr 62% less
Indian Bank Business Correspondent Agent Salary 0 - 8 years exp. (4 salaries)	₹1.2 L/yr - ₹3.5 L/yr 30% less
Indian Overseas Bank Business Correspondent Agent Salary 2 - 10 years exp. (3 salaries)	₹1.5 L/yr - ₹2.4 L/yr 44% less

Business Correspondent Agent salary at State Bank of India ranges between ₹1.2 Lakh to ₹5.4 Lakhs per year for employees with experience between 4 years to 6 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 Correspondent Agent salaries

Last Updated: 2 Jan 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.7 L/yr
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6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr

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Salary related reviews for State Bank of India

3.6

Rated by 2 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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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 Correspondent Agent Salary FAQs

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

Business Correspondent Agent salary at State Bank of India in India ranges between ₹1.2 Lakhs to ₹5.4 Lakhs for experience between 4 years to 6 years. According to our estimates it is 23% more than the average Business Correspondent Agent 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 Correspondent Agent at State Bank of India India compare with the average salary range for this job?

The average salary of a Business Correspondent Agent at State Bank of India is 23% more than the average salary of a Business Correspondent Agent 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 Agent in India?

Axis Bank Business Correspondent Agent Salary - ₹1.2 Lakhs to ₹6.0 Lakhs per year

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

Bank of Baroda Business Correspondent Agent Salary - ₹1.8 Lakhs to ₹5.2 Lakhs per year
Indian Bank Business Correspondent Agent Salary - ₹1.2 Lakhs to ₹3.5 Lakhs per year
Punjab National Bank Business Correspondent Agent Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
ICICI Bank Business Correspondent Agent Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
Indian Overseas Bank Business Correspondent Agent Salary - ₹1.5 Lakhs to ₹2.4 Lakhs per year

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

The estimated take-home salary of a Business Correspondent Agent at State Bank of India ranges between ₹23,047 per month to ₹24,515 per month in India. The take-home salary calculation is based on the average State Bank of India Business Correspondent Agent salary in India which ranges between ₹1.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the State Bank of India Business Correspondent Agents reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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State Bank of India Business Correspondent Agent Salaries by Location

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State Bank of India Business Correspondent Agent Salaries

State Bank of India Business Correspondent Agent salary in India ranges between ₹1.2 Lakh to ₹5.4 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.

State Bank of India Business Correspondent Agent salaries in India

Companies similar to State Bank of India for Business Correspondent Agent

Latest annual salaries shared by State Bank of India Business Correspondent Agent

Experience wise State Bank of India Business Correspondent Agent salaries

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in New Delhi

Deputy Manager in New Delhi

Deputy Manager in Visnagar

State Bank of India Business Correspondent Agent Salary FAQs

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State Bank of India Business Correspondent Agent Salaries by Location