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State Bank of India Salaries in Chennai (Updated 2025)

based on 548 latest salaries
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BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
11 years exp. · Chennai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

14 years exp. · Chennai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

6 years exp. · Chennai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

31 years exp. · Chennai (AmbitionBox Estimate)
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₹11 L/yr - ₹14 L/yr

4 years exp. · Chennai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

1 year exp. · Chennai (AmbitionBox Estimate)
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₹1.2 L/yr - ₹1.5 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

6 years exp. · Chennai (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.3 L/yr

9 years exp. · Chennai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

9 years exp. · Chennai (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

7 years exp. · Chennai (AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

1 year exp. · Chennai (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

5 years exp. · Chennai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

3 years exp. · Chennai (AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

Fresher · Chennai (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

Fresher · Chennai (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.2 L/yr

22 years exp. · Chennai (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.3 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.2 L/yr

Last Updated: 14 Mar, 2025

Salary related reviews for State Bank of India

3.8

Rated by 119 employees for salary & benefits

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.

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  • 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.

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  • Work-life balance - Bad

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Aug 2023

4.0
 for  Salary and Benefits

Likes

Job Safety. Monthly Salary is fixed with regular Annual increments. No NIGHT duties (except for certain specific duties). Compensation for Medical Expenditures for Self + Family. Loans at Simple Interest Rate structure.

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  • Salary - Good
  • +1 more

Dislikes

Deal with public at raw and other unscrupulous individuals. Complicated work process and procedures that are convoluted. Lack of standardisation in procedures and actions. Lack of Work-life Balance. Toxic and Unprofessional Work Culture. Prevalence of use of abusive language and incivil behaviour from higher officials and auditors. Environment of intimidation and suppression. Prevalence of trade unions and Netagiri. Arbitrariness and randoness in posting orders, transfers, promotions and allotment for foreign assignments. Nepotism, favouritism with lesser regard for merit. Adoption of a two tumbler system for identical cases. No learning in job with no leadership qualities earned. Sub-standard training programmes. Unsymmetrical work load with parity in entirely. Ownership feeling missing among higher officials. A Hard Working employee retirement goes unnoticed; whereas Inquilab Zindabad community (which disrupts Bank functioning and brings negative image) gets a warm send off from the top management.

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  • Skill development - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 22 Nov 2023

2.0
 for  Salary and Benefits

Likes

Nothing. Just brand value.

Dislikes

Terrible work culture. No leaves. Too much work stress and pressure. Salary and perks are not upto the level of work we do. No time for family friends or functions. High targets and threatening. Frequent transfers.

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  • Salary - Poor
  • +6 more

BFSI, Investments & Trading Department

2.0
  •  posted on 27 Jan 2022

3.0
 for  Salary and Benefits

Likes

...ances and deposits.No wonder compared to pvt banks,SBI share price is way below.But if you are good for nothing,with no prospects in life,or just want a job to pay the bills and put food on table,then go for it.

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  • Job security - Excellent

Dislikes

No infrastructure support.no manpower support.too much unionism.... deviation from banking.....there was a time when loan application rejected by sbi ,used to go to pvt banks.....now it's complete opposite.no more is sbi a preferred banker for many.....just take a sample of any middle class working population....they will invariably be banking with pvt banks.

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  • Skill development - Poor
  • +3 more

BFSI, Investments & Trading Department

5.0
  •  posted on 13 Feb 2019

5.0
 for  Salary and Benefits

Likes

...red by the official. There is fast track promotional opportunity at every stage. Based on one's expertise, inclination, he/she may get plum postings like Treasury Management and Overseas Posting, wherein you will be compensated not only Indian Salary but also salary and perks as per overseas work conditions (No other Indian Bank provides this facility). For woman employees, maternity leave upto six months with full salary is provided. SBI takes care of its staff with utmost care.

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  • Salary - Excellent
  • +6 more
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State Bank of India Salary FAQs

How much does State Bank of India pay to its employees?
The average annual salary at State Bank of India varies depending on the role, experience, and location. The salary ranges for some popular designations at State Bank of India, are as follows:

Commercial Banking Credit Analyst ₹16.2 Lakhs to ₹20.7 Lakhs per year
Credit Analyst and Senior Manager ₹14.4 Lakhs to ₹18.4 Lakhs per year
Customer Relationship Management Executive ₹4.1 Lakhs to ₹5.2 Lakhs per year
Deputy Forex Manager ₹11 Lakhs to ₹14 Lakhs per year

The highest-paying role, Chief General Manager, earns between ₹38 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹25 Lakhs per year, and the top 1% earn over ₹50 Lakhs per year. 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 salary estimates are based on data from 548 salaries submitted by State Bank of India employees. State Bank of India is rated 3.8 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at State Bank of India in Chennai?
The salary of a fresher at State Bank of India in Chennai typically ranges from ₹1.8 Lakh to ₹18 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Branch Relationship Executive Salary ₹1.2 Lakhs to ₹4 Lakhs per year
Fresher as a Sales Executive Salary ₹1.2 Lakhs to ₹3.8 Lakhs per year
Fresher as a FOS Executive Salary ₹2 Lakhs to ₹3.4 Lakhs per year
Fresher as a Probationary Officer Salary ₹5.5 Lakhs to ₹18 Lakhs per year

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Average annual salary in State Bank of India , Chennai is INRunlock blur . Salary estimates are based on 548 State Bank of India latest salaries received from various employees of State Bank of India.

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