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State Bank of India Business Development Associate salaries in India

Annual salary range
0 - 6 years exp.
₹2 Lakhs - ₹4 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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50% less than the average Business Development Associate Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Associate Salary
1 - 4 years exp. (3 salaries)
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₹2 L/yr - ₹3 L/yr

Marketing & Communication
Business Development Associate Salary
Fresher (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Food, Beverage & Hospitality
Business Development Associate Salary
5 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.4 L/yr

Sports, Fitness & Personal Care
Business Development Associate Salary
6 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.1 L/yr

Last Updated: 28 Dec 2024

Companies similar to State Bank of India for Business Development Associate

Company name Avg Annual Salary Open Jobs
Logo
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₹2 L/yr - ₹4.1 L/yr

arrow icon 2% less
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 25% more
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₹1.7 L/yr - ₹3 L/yr

arrow icon 31% less
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₹3 L/yr - ₹3.6 L/yr

arrow icon 18% more
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₹2.7 L/yr - ₹4.6 L/yr

arrow icon 32% more
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₹2.2 L/yr - ₹9 L/yr

arrow icon 131% more
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₹2.1 L/yr - ₹4.4 L/yr

arrow icon 1% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 20% more
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₹3 L/yr - ₹10 L/yr

arrow icon 95% more
Business Development Associate salary at State Bank of India ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 6 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Business Development Associate

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5 years exp.
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4 years exp.
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1 year exp.
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5 months exp.
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Experience wise State Bank of India Business Development Associate salaries

Last Updated: 28 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in State Bank of India

Business Development Officer Salary
(AmbitionBox Estimate)
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₹20.7 L/yr - ₹26.5 L/yr
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₹2 L/yr - ₹6 L/yr
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₹2.05 L/yr - ₹3.75 L/yr
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₹3.2 L/yr - ₹4.25 L/yr
Business Executive Salary
(AmbitionBox Estimate)
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₹1 L/yr - ₹1.3 L/yr
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₹6 L/yr - ₹25.56 L/yr
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₹2.1 L/yr - ₹3 L/yr
Medical Representative Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
Sales Executive Salary
(175 salaries)
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₹1 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for State Bank of India

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Rated by 1 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 11 Nov 2023

2.0
 for  Salary and Benefits

Likes

Those who are working in sbi bank such a wonderful personality and encourage in every single day. Moving to good nature

  • Skill development - Excellent
  • +5 more

Dislikes

Over time working and working more but salary little so I can't do that job because of salary

read more
  • Salary - Poor

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

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 12 Mar 2025

2.0
 for  Salary and Benefits

Likes

Job security,low interest rate for loans ,medical facilities ,leave facility and perks

  • Job security - Good

Dislikes

No work life balance Excess workload Not sufficient salary according to work we do Long working hours without any overtime No resolution of grievances .you just have to work and work to complete the work Shortage of staff.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Mar 2025

4.0
 for  Salary and Benefits

Likes

Work with top bank in sbi Minimum stress but good culture but may be some managers are not good Salary is good for fresher Work in core banking like kcc and government scheme Enjoy lunch time 😀

read more
  • Salary - Good
  • +5 more

Dislikes

It is a field job which you are required to travel to Village or may be door to door services No promotion is there it is the third party job But due to working in the loan department you can work with private bank after getting experience.

read more
  • Promotions - Poor

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
see more salary related reviews

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State Bank of India Business Development Associate Salary FAQs

What is the salary of Business Development Associate at State Bank of India ?
The average salary of a Business Development Associate at State Bank of India in India typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Business Development Associate at State Bank of India earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development 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 6 State Bank of India employees in India.
What is the estimated take home salary of a Business Development Associate at State Bank of India in India?
The estimated take-home salary of a Business Development Associate at State Bank of India in India typically ranges from ₹20,166 to ₹21,827 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 6 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 Development Associate in India?
Bank of Baroda ₹2.2 Lakhs to ₹9.0 Lakhs per year
AU Small Finance Bank ₹3.0 Lakhs to ₹10.0 Lakhs per year
IndusInd Bank ₹2.7 Lakhs to ₹4.6 Lakhs per year
ICICI Bank ₹1.7 Lakhs to ₹5.5 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹3.5 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 Development Associate in companies similar to State Bank of India in India?
The salary of a Business Development 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:

IDBI Bank ₹3.0 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindra Bank ₹2.1 Lakhs to ₹4.4 Lakhs per year
Axis Bank ₹2.0 Lakhs to ₹4.1 Lakhs per year
IDFC FIRST Bank ₹1.7 Lakhs to ₹3.0 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 Development Associate at State Bank of India in India?
The salary growth for a Business Development Associate at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Business Development Associate can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year ₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years ₹2.3 Lakhs to ₹2.9 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Business Development Associate salary in India ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 State Bank of India latest salaries received from various employees of State Bank of India.