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State Bank of India Credit Analyst salaries in India (Updated 2025)

Annual salary range
3 - 15 years exp.
₹8.4 Lakhs - ₹30 Lakhs
Salary of majority employees
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116% more than the average Credit Analyst Salary in Banking Companies for 3 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Analyst Salary
3 - 15 years exp. (61 salaries)
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₹8.7 L/yr - ₹30 L/yr

Finance & Accounting
Credit Analyst Salary
3 - 15 years exp. (15 salaries)
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₹12 L/yr - ₹25 L/yr

Last Updated: 19 Mar 2025

Companies similar to State Bank of India for Credit Analyst

Company name Avg Annual Salary Open Jobs
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Axis Bank Credit Analyst Salary

0 - 9 years exp. (438 salaries)

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₹5 L/yr - ₹19.7 L/yr

arrow icon 40% less
2 job openings
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ICICI Bank Credit Analyst Salary

0 - 6 years exp. (374 salaries)

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₹5.3 L/yr - ₹18.9 L/yr

arrow icon 43% less
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IndusInd Bank Credit Analyst Salary

0 - 10 years exp. (336 salaries)

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₹4.1 L/yr - ₹15.8 L/yr

arrow icon 48% less
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Kotak Mahindra Bank Credit Analyst Salary

0 - 8 years exp. (242 salaries)

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₹6 L/yr - ₹16.7 L/yr

arrow icon 47% less
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HDFC Bank Credit Analyst Salary

0 - 7 years exp. (177 salaries)

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₹4.5 L/yr - ₹18.2 L/yr

arrow icon 45% less
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Standard Chartered Credit Analyst Salary

1 - 8 years exp. (174 salaries)

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₹5.1 L/yr - ₹19.5 L/yr

arrow icon 34% less
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Barclays Credit Analyst Salary

1 - 10 years exp. (83 salaries)

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₹6 L/yr - ₹23.3 L/yr

arrow icon 27% less
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IDFC FIRST Bank Credit Analyst Salary

0 - 4 years exp. (68 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 55% less
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Yes Bank Credit Analyst Salary

1 - 6 years exp. (59 salaries)

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₹1.8 L/yr - ₹9.7 L/yr

arrow icon 73% less
1 job opening
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Bank of Baroda Credit Analyst Salary

0 - 10 years exp. (48 salaries)

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₹9 L/yr - ₹22.5 L/yr

arrow icon 24% less
View all
Credit Analyst salary at State Bank of India ranges between ₹8.4 Lakhs to ₹30 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 97 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Credit Analyst

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4 years exp.
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15 years exp.
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Experience wise State Bank of India Credit Analyst salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
3 years  (7 salaries)

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₹6 L/yr - ₹14 L/yr
4 years  (9 salaries)

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₹9 L/yr - ₹19 L/yr
5 years  (11 salaries)

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₹10 L/yr - ₹20 L/yr
6 years  (8 salaries)

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₹8 L/yr - ₹19 L/yr
7 years  (5 salaries)

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₹14 L/yr - ₹25 L/yr
View all
State Bank of India Credit Analyst Salary and Career Growth

From

To

Credit Analyst

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3 - 15 years exp.

Regional Manager

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12 - 26 years exp.

Credit Analyst

3 - 15 years exp.
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Credit Manager

3 - 14 years exp.
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arrow icon 3% hike

Chief Manager

11 - 22 years exp.
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arrow icon 68% hike

From

To

Credit Analyst

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3 - 15 years exp.

General Manager, Audit

Salary unavailable

From

To

Credit Analyst

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3 - 15 years exp.

New Business Manager

Salary unavailable
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in State Bank of India

Senior Analyst Salary
(3 salaries)
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₹4.2 L/yr - ₹10 L/yr
Credit Manager Salary
(47 salaries)
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₹10 L/yr - ₹32 L/yr
Analyst Salary
(5 salaries)
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₹7.22 L/yr - ₹24 L/yr
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₹10 L/yr - ₹14.52 L/yr
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₹7 L/yr - ₹8.2 L/yr
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₹6 L/yr - ₹25.56 L/yr
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₹2.73 L/yr - ₹21 L/yr
Team Lead Salary
(49 salaries)
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₹1.8 L/yr - ₹5 L/yr
Deputy Manager Salary
(626 salaries)
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₹7.2 L/yr - ₹28 L/yr
Accountant Salary
(24 salaries)
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₹1 L/yr - ₹6 L/yr

Top skills at State Bank of India for Credit Analyst

Credit Analysis Credit Appraisal Due Diligence Credit Cost Accounting Risk Analysis Finance Credit Management Chartered Accountant KYC Financial Analysis Credit Risk CFA Balance Sheet analysis Credit Monitoring

Salary related reviews for State Bank of India

3.5

Rated by 23 employees for salary & benefits

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

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

  • Salary - Good
  • +1 more

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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • Salary - Good
  • +2 more

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.

read more
  • Company culture - Poor
  • +1 more

Full Time

 · 

Other Department

3.0
  •  posted on 28 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

  • Job security - Excellent

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

read more
  • Work satisfaction - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Sep 2023

2.0
 for  Salary and Benefits

Likes

Salary and perks

  • Job security - Good

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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State Bank of India Credit Analyst Salary FAQs

What is the salary of Credit Analyst at State Bank of India ?
The average salary of a Credit Analyst at State Bank of India in India typically ranges from ₹8.4 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Credit Analyst at State Bank of India earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Credit Analyst 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 90+ State Bank of India employees in India.
What is the estimated take home salary of a Credit Analyst at State Bank of India in India?
The estimated take-home salary of a Credit Analyst at State Bank of India in India typically ranges from ₹1,26,981 to ₹1,31,167 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 3 years to 15 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 90+ salaries received from various employees of State Bank of India. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Analyst at State Bank of India ?
To be a Credit Analyst at State Bank of India in india, the key skills required include:

  • - Credit Analysis
  • - Credit Appraisal
  • - Due Diligence
  • - Credit
  • - Cost Accounting

These skills are highly valued at State Bank of India and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than State Bank of India for Credit Analyst in India?
IDBI Bank ₹10.0 Lakhs to ₹30.0 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 Credit Analyst in companies similar to State Bank of India in India?
The salary of a Credit Analyst 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:

Canara Bank ₹10.5 Lakhs to ₹24.0 Lakhs per year
Bank of India ₹15.0 Lakhs to ₹20.0 Lakhs per year
Union Bank of India ₹14.0 Lakhs to ₹20.0 Lakhs per year
Sberbank Branch in India ₹10.8 Lakhs to ₹22.0 Lakhs per year
Bank of Baroda ₹9.0 Lakhs to ₹22.5 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 Credit Analyst at State Bank of India in India?
The salary growth for a Credit Analyst at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Credit Analyst can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
3 years ₹6.0 Lakhs to ₹14.0 Lakhs per year
4 years ₹9.0 Lakhs to ₹19.0 Lakhs per year
5 years ₹10.0 Lakhs to ₹20.0 Lakhs per year
6 years ₹8.0 Lakhs to ₹19.0 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Credit Analyst salary in India ranges between ₹8.4 Lakhs to ₹30 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 97 State Bank of India latest salaries received from various employees of State Bank of India.