State Bank of India Collection Officer Salaries by 4 Employees (Updated 2024)

5 - 6 years exp.

₹3.6 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

38% more than the average Collection Officer Salary in Banking Companies for 5 - 6 years of experience

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Last Updated: 7 Dec 2024

Companies similar to State Bank of India for Collection Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Collection Officer Salary 2 - 6 years exp. (76 salaries)	₹1.2 L/yr - ₹3.6 L/yr 32% less
HDFC Bank Collection Officer Salary 0 - 7 years exp. (360 salaries)	₹1.2 L/yr - ₹4 L/yr 32% less
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Axis Bank Collection Officer Salary 1 - 8 years exp. (28 salaries)	₹1.2 L/yr - ₹3.8 L/yr 35% less
Bank of Baroda Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr 17% less
Bandhan Bank Collection Officer Salary 0 - 8 years exp. (108 salaries)	₹1.4 L/yr - ₹4 L/yr 27% less
IDFC FIRST Bank Collection Officer Salary 0 - 9 years exp. (103 salaries)	₹1.8 L/yr - ₹4 L/yr 28% less
IndusInd Bank Collection Officer Salary 0 - 9 years exp. (98 salaries)	₹1.4 L/yr - ₹4.5 L/yr 27% less
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (53 salaries)	₹1.6 L/yr - ₹4.1 L/yr 28% less
Standard Chartered Collection Officer Salary 1 - 9 years exp. (23 salaries)	₹2.6 L/yr - ₹6 L/yr At par
Baroda Global Shared Services Collection Officer Salary 2 - 6 years exp. (5 salaries)	₹1.7 L/yr - ₹2.4 L/yr 45% less
Barclays Collection Officer Salary 5 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr 61% more
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Collection Officer salary at State Bank of India ranges between ₹3.6 Lakhs to ₹4 Lakhs per year for employees with experience between 5 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 Collection Officer salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹3.6 L/yr - ₹4 L/yr
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6 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.6 L/yr

Similar Designation salaries in State Bank of India

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(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

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₹1.1 L/yr - ₹1.4 L/yr

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Recovery Officer Salary

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₹2.8 L/yr - ₹3.6 L/yr

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(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

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Salary related reviews for State Bank of India

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Working at SBI is great satisfaction which comes with job security and Salary and other benefits. working in diffrent roles gives knowledge in overall banking sector

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There is no work life balance . Lot of work pressure and no sympathy towards staff. Frequent transfers to diffrent locations and high pressure of achieving targets

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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.

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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

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3.0

• posted on 28 Jul 2024

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Salary and little bit of recognition

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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.

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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 Collection Officer Salary FAQs

What is the salary of Collection Officer at State Bank of India?

Collection Officer salary at State Bank of India in India ranges between ₹3.6 Lakhs to ₹4.0 Lakhs for experience between 5 years to 6 years. According to our estimates it is 38% more than the average Collection Officer 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 Collection Officer at State Bank of India India compare with the average salary range for this job?

The average salary of a Collection Officer at State Bank of India is 38% more than the average salary of a Collection Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a Collection Officer in India?

Barclays Collection Officer Salary - ₹5.4 Lakhs to ₹6.9 Lakhs per year

What is the salary of a Collection Officer in companies similar to State Bank of India in India?

Standard Chartered Collection Officer Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
Bank of Baroda Collection Officer Salary - ₹2.5 Lakhs to ₹3.6 Lakhs per year
IndusInd Bank Collection Officer Salary - ₹1.4 Lakhs to ₹4.5 Lakhs per year
Bandhan Bank Collection Officer Salary - ₹1.4 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank Collection Officer Salary - ₹1.6 Lakhs to ₹4.1 Lakhs per year

What is the estimated take home salary of a Collection Officer at State Bank of India in India?

The estimated take-home salary of a Collection Officer at State Bank of India ranges between ₹27,376 per month to ₹28,779 per month in India. The take-home salary calculation is based on the average State Bank of India Collection Officer salary in India which ranges between ₹3.6 Lakhs to ₹4.0 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Collection Officer at State Bank of India?

According to AmbitionBox, 75% of the State Bank of India Collection Officers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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State Bank of India Collection Officer Salaries

State Bank of India Collection Officer salary in India ranges between ₹3.6 Lakhs to ₹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.