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

Annual salary range
2 - 8 years exp.
₹8.5 Lakhs - ₹17 Lakhs
Salary of majority employees
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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)
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₹9 L/yr - ₹17 L/yr

Customer Success, Service & Operations
Credit Officer Salary
4 - 8 years exp. (3 salaries)
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₹6.9 L/yr - ₹7.1 L/yr

Finance & Accounting
Credit Officer Salary
2 - 6 years exp. (AmbitionBox Estimate)
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₹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
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (251 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 78% less
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ICICI Bank Credit Officer Salary

0 - 6 years exp. (118 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 78% less
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Axis Bank Credit Officer Salary

0 - 6 years exp. (175 salaries)

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₹1.2 L/yr - ₹6.8 L/yr

arrow icon 69% less
1 job opening
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Kotak Mahindra Bank Credit Officer Salary

1 - 6 years exp. (96 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 77% less
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Yes Bank Credit Officer Salary

2 - 10 years exp. (50 salaries)

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₹2 L/yr - ₹4 L/yr

arrow icon 75% less
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IndusInd Bank Credit Officer Salary

1 - 9 years exp. (137 salaries)

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₹1.5 L/yr - ₹4.2 L/yr

arrow icon 76% less
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IDFC FIRST Bank Credit Officer Salary

0 - 8 years exp. (41 salaries)

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₹2.1 L/yr - ₹4.9 L/yr

arrow icon 75% less
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RBL Bank Credit Officer Salary

0 - 7 years exp. (169 salaries)

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₹1.4 L/yr - ₹4.3 L/yr

arrow icon 77% less
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Punjab National Bank Credit Officer Salary

0 - 4 years exp. (6 salaries)

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₹5.3 L/yr - ₹12 L/yr

arrow icon 8% less
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Bank of Baroda Credit Officer Salary

5 - 12 years exp. (106 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 19% more
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AU Small Finance Bank Credit Officer Salary

0 - 6 years exp. (367 salaries)

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₹1.3 L/yr - ₹3.8 L/yr

arrow icon 76% less
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Bank of India Credit Officer Salary

0 - 7 years exp. (72 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 12% less
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Bandhan Bank Credit Officer Salary

0 - 9 years exp. (36 salaries)

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₹1.3 L/yr - ₹5 L/yr

arrow icon 71% less
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Union Bank of India Credit Officer Salary

2 - 13 years exp. (18 salaries)

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₹6.5 L/yr - ₹19.5 L/yr

arrow icon 7% more
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IDBI Bank Credit Officer Salary

0 - 13 years exp. (16 salaries)

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₹7 L/yr - ₹18 L/yr

arrow icon 21% more
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Canara Bank Credit Officer Salary

7 - 12 years exp. (16 salaries)

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₹8 L/yr - ₹19.5 L/yr

arrow icon 13% more
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Standard Chartered Credit Officer Salary

1 - 7 years exp. (16 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 77% less
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Central Bank of India Credit Officer Salary

3 - 8 years exp. (8 salaries)

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₹12.4 L/yr - ₹21.5 L/yr

arrow icon 36% more
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Indian Overseas Bank Credit Officer Salary

7 - 12 years exp. (8 salaries)

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₹11 L/yr - ₹22 L/yr

arrow icon 36% more
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Deutsche Bank Credit Officer Salary

2 - 8 years exp. (7 salaries)

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₹4.6 L/yr - ₹17.9 L/yr

arrow icon 13% less
3 job openings
View all
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.

Latest annual salaries shared by State Bank of India Credit Officer

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Experience wise State Bank of India Credit Officer salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
2 years  (3 salaries)

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₹9.6 L/yr - ₹12.5 L/yr
3 years (AmbitionBox Estimate)

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₹9 L/yr - ₹20.8 L/yr
4 years  (7 salaries)

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₹8.5 L/yr - ₹17 L/yr
5 years  (6 salaries)

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₹4.7 L/yr - ₹17 L/yr
6 years  (6 salaries)

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₹8.5 L/yr - ₹16 L/yr
View all

Similar Designation salaries in State Bank of India

Credit Manager Salary
(47 salaries)
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₹10 L/yr - ₹32 L/yr
Sales Officer Salary
(18 salaries)
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₹1.55 L/yr - ₹3.5 L/yr
Credit Analyst Salary
(93 salaries)
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₹8.18 L/yr - ₹30 L/yr
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₹12.5 L/yr - ₹16 L/yr
Officer Salary
(28 salaries)
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₹2.06 L/yr - ₹12 L/yr
Credit Underwriter Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹1.44 L/yr - ₹3 L/yr
Branch Manager Salary
(289 salaries)
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₹8 L/yr - ₹33.44 L/yr
Deputy Manager Salary
(570 salaries)
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₹7.18 L/yr - ₹28 L/yr
Chief Manager Salary
(362 salaries)
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₹15 L/yr - ₹50 L/yr
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Salary related reviews for State Bank of India

3.5

Rated by 16 employees for salary & benefits

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +3 more

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
see more salary related reviews

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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?
  • Indian Overseas Bank Credit Officer Salary - ₹11.0 Lakhs to ₹22.0 Lakhs per year
  • Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 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 salary in India ranges between ₹8.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 State Bank of India latest salaries received from various employees of State Bank of India.