State Bank of India Credit Officer Salaries by 30+ Employees (Updated 2025)

2 - 8 years exp.

₹8.5 Lakhs - ₹17 Lakhs

Salary of majority employees

221% more than the average Credit Officer Salary in Banking Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 2 - 8 years exp. (17 salaries)	₹9 L/yr - ₹17 L/yr
Customer Success, Service & Operations Credit Officer Salary 4 - 8 years exp. (3 salaries)	₹6.9 L/yr - ₹7.1 L/yr
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Finance & Accounting Credit Officer Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹12 L/yr

Last Updated: 1 Mar 2025

Companies similar to State Bank of India for Credit Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Officer Salary 1 - 8 years exp. (252 salaries)	₹1.2 L/yr - ₹4 L/yr 78% less
ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	₹1.2 L/yr - ₹4.7 L/yr 78% less
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Axis Bank Credit Officer Salary 0 - 6 years exp. (175 salaries)	₹1.2 L/yr - ₹6.8 L/yr 69% less	1 job opening
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	₹1.5 L/yr - ₹4.5 L/yr 77% less
Yes Bank Credit Officer Salary 2 - 10 years exp. (50 salaries)	₹2 L/yr - ₹4 L/yr 75% less
IndusInd Bank Credit Officer Salary 1 - 10 years exp. (135 salaries)	₹1.2 L/yr - ₹4.2 L/yr 76% less
IDFC FIRST Bank Credit Officer Salary 0 - 6 years exp. (38 salaries)	₹2.1 L/yr - ₹4.9 L/yr 76% less
RBL Bank Credit Officer Salary 0 - 7 years exp. (169 salaries)	₹1.4 L/yr - ₹4.4 L/yr 76% less
Punjab National Bank Credit Officer Salary 0 - 4 years exp. (6 salaries)	₹5.3 L/yr - ₹12 L/yr 8% less
Bank of Baroda Credit Officer Salary 5 - 12 years exp. (106 salaries)	₹6 L/yr - ₹20 L/yr 19% more
AU Small Finance Bank Credit Officer Salary 0 - 6 years exp. (240 salaries)	₹1.3 L/yr - ₹4 L/yr 76% less
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Bank of India Credit Officer Salary 0 - 7 years exp. (72 salaries)	₹5 L/yr - ₹14 L/yr 12% less
Bandhan Bank Credit Officer Salary 0 - 9 years exp. (36 salaries)	₹1.3 L/yr - ₹5 L/yr 71% less
Union Bank of India Credit Officer Salary 2 - 13 years exp. (18 salaries)	₹6.5 L/yr - ₹19.5 L/yr 7% more
IDBI Bank Credit Officer Salary 0 - 13 years exp. (16 salaries)	₹7 L/yr - ₹18 L/yr 21% more
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	₹8 L/yr - ₹19.5 L/yr 13% more
Standard Chartered Credit Officer Salary 1 - 7 years exp. (16 salaries)	₹1.8 L/yr - ₹4 L/yr 77% less
Central Bank of India Credit Officer Salary 3 - 8 years exp. (8 salaries)	₹12.4 L/yr - ₹21.5 L/yr 36% more
Indian Overseas Bank Credit Officer Salary 7 - 12 years exp. (8 salaries)	₹14 L/yr - ₹22 L/yr 31% more
Deutsche Bank Credit Officer Salary 2 - 8 years exp. (7 salaries)	₹4.6 L/yr - ₹17.9 L/yr 13% less	2 job openings

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Credit Officer salary at State Bank of India ranges between ₹8.5 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 31 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Credit Officer salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹9.6 L/yr - ₹12.5 L/yr
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹20.8 L/yr
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4 years (7 salaries)	₹8.5 L/yr - ₹17 L/yr
5 years (6 salaries)	₹4.7 L/yr - ₹17 L/yr
6 years (6 salaries)	₹8.5 L/yr - ₹16 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15.1 L/yr
8 years (6 salaries)	₹9 L/yr - ₹16 L/yr

View all

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Credit Underwriter Salary

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Salary related reviews for State Bank of India

3.5

Rated by 16 employees for salary & benefits

Credit Officer in Nizamabad

Customer Success, Service & Operations Department

1.0

• posted on 02 Jun 2022

4.0

for Salary and Benefits

Likes

We all know that sbi is a government job.so full job security with handsome salary package is available.Career growth is also good.

Salary - Good

+1 more

Dislikes

More pressure on of third party products sales like general insurance and life insurance and holiday working. You will get less family time.rural posting will affect your children education.pressurable job.

Skill development - Poor

+3 more

Deputy Manager in Bokaro

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.

Salary - Bad

+5 more

Deputy Manager in Mumbai

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.

Skill development - Bad

+3 more

Deputy Manager in Mumbai

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.

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.

Company culture - Poor

+1 more

Deputy Manager in New Delhi

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

Work satisfaction - Bad

+2 more

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Salary Discussions, Hike & Promotions

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 Credit Officer Salary FAQs

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

Credit Officer salary at State Bank of India in India ranges between ₹8.5 Lakhs to ₹17.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 221% more than the average Credit Officer Salary in India. Salary estimates are based on 31 latest salaries received from various employees of State Bank of India India.

How does the salary of a Credit Officer at State Bank of India India compare with the average salary range for this job?

The average salary of a Credit Officer at State Bank of India is 221% more than the average salary of a Credit Officer in India. To know exact salary insights, login to view.

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

Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 Lakhs per year
Indian Overseas Bank Credit Officer Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Canara Bank Credit Officer Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year

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

Union Bank of India Credit Officer Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
Indian Bank Credit Officer Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year
Punjab National Bank Credit Officer Salary - ₹5.3 Lakhs to ₹12.0 Lakhs per year
Bank of India Credit Officer Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year
Deutsche Bank Credit Officer Salary - ₹4.6 Lakhs to ₹17.9 Lakhs per year

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

The estimated take-home salary of a Credit Officer at State Bank of India ranges between ₹82,876 per month to ₹85,040 per month in India. The take-home salary calculation is based on the average State Bank of India Credit Officer salary in India which ranges between ₹8.5 Lakhs to ₹17.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 57% of the State Bank of India Credit Officers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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State Bank of India Credit Officer Salaries by Location

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State Bank of India Credit Officer Salaries

State Bank of India Credit Officer salary in India ranges between ₹8.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 State Bank of India latest salaries received from various employees of State Bank of India.

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

Companies similar to State Bank of India for Credit Officer

Latest annual salaries shared by State Bank of India Credit Officer

Experience wise State Bank of India Credit Officer salaries

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Credit Officer in Nizamabad

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in New Delhi

State Bank of India Credit Officer Salary FAQs

Tell us how to improve this page.

State Bank of India Credit Officer Salaries by Location