State Bank of India Collection Officer Salaries by 4 Employees (Updated 2025)

5 - 6 years exp.

₹3.6 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

37% more than the average Collection Officer Salary in Banking Companies for 5 - 6 years of experience

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Last Updated: 14 Feb 2025

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. (55 salaries)	₹1.3 L/yr - ₹3.6 L/yr 34% less
HDFC Bank Collection Officer Salary 0 - 7 years exp. (349 salaries)	₹1.2 L/yr - ₹4.5 L/yr 32% less
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Axis Bank Collection Officer Salary 1 - 10 years exp. (28 salaries)	₹1.2 L/yr - ₹3.8 L/yr 31% less
Bank of Baroda Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr 17% less
Union Bank of India Collection Officer Salary 2 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹2.4 L/yr 37% less
AU Small Finance Bank Collection Officer Salary 0 - 7 years exp. (150 salaries)	₹1.1 L/yr - ₹4 L/yr 34% less
Bandhan Bank Collection Officer Salary 0 - 9 years exp. (114 salaries)	₹1.2 L/yr - ₹4.5 L/yr 26% less
IndusInd Bank Collection Officer Salary 0 - 9 years exp. (99 salaries)	₹1.4 L/yr - ₹4.5 L/yr 25% less
IDFC FIRST Bank Collection Officer Salary 1 - 9 years exp. (94 salaries)	₹1.8 L/yr - ₹4.8 L/yr 22% less
Kotak Mahindra Bank Collection Officer Salary 2 - 8 years exp. (57 salaries)	₹1.6 L/yr - ₹4.8 L/yr 26% less
Standard Chartered Collection Officer Salary 1 - 9 years exp. (23 salaries)	₹2.6 L/yr - ₹6 L/yr At par
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Barclays Collection Officer Salary 5 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr 61% more

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: 14 Feb 2025

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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₹5.4 L/yr - ₹6.65 L/yr

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(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Collection Associate Salary

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₹2 L/yr - ₹6.85 L/yr

Recovery Officer Salary

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₹2.8 L/yr - ₹3.6 L/yr

Area Collection Manager Salary

(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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• posted on 19 Jan 2025

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Fixed salary

Job security - Excellent

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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

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Deputy Manager in Mumbai

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• posted on 15 Nov 2024

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Nothing to like really. You just get stuck in doing monotonous job

Salary - Good

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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

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Field Officer in Amravati

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3.0

• posted on 20 Oct 2024

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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

Work satisfaction - Bad

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Deputy Manager in Mumbai

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• posted on 18 Sep 2024

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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.

Salary - Good

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for Salary and Benefits

Likes

Salary and little bit of recognition

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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

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1w (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 my previous org.

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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 37% 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 37% 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
IDFC FIRST Bank Collection Officer Salary - ₹1.8 Lakhs to ₹4.8 Lakhs per year
IndusInd Bank Collection Officer Salary - ₹1.4 Lakhs to ₹4.5 Lakhs per year
Bandhan Bank Collection Officer Salary - ₹1.2 Lakhs to ₹4.5 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.