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State Bank of India Forex Officer salaries in India

Annual salary range
3 - 8 years exp.
₹10 Lakhs - ₹15 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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107% more than the average Forex Officer Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Forex Officer Salary
3 - 8 years exp. (3 salaries)
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₹12 L/yr - ₹13.5 L/yr

Data Science & Analytics
Forex Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.2 L/yr

Marketing & Communication
Forex Officer Salary
7 years exp. (AmbitionBox Estimate)
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₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 30 Aug 2024

Companies similar to State Bank of India for Forex Officer

Company name Avg Annual Salary Open Jobs
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HDFC Bank Forex Officer Salary

0 - 2 years exp. (5 salaries)

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₹2 L/yr - ₹3.2 L/yr

arrow icon 80% less
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ICICI Bank Forex Officer Salary

0 - 3 years exp. (3 salaries)

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₹4.6 L/yr - ₹6 L/yr

arrow icon 56% less
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Axis Bank Forex Officer Salary

0 - 3 years exp. (3 salaries)

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₹2.4 L/yr - ₹6.3 L/yr

arrow icon 61% less
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Federal Bank Forex Officer Salary

1 - 4 years exp. (4 salaries)

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₹10.2 L/yr - ₹11 L/yr

arrow icon 16% less
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Bank of Baroda Forex Officer Salary

4 - 11 years exp. (5 salaries)

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₹11 L/yr - ₹18 L/yr

arrow icon 4% more
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Union Bank of India Forex Officer Salary

2 - 7 years exp. (3 salaries)

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₹8 L/yr - ₹11 L/yr

arrow icon 21% less
Forex Officer salary at State Bank of India ranges between ₹10 Lakhs to ₹15 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 7 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Forex Officer

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8 years exp.
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8 years exp.
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7 years exp.

Experience wise State Bank of India Forex Officer salaries

Last Updated: 30 Aug 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹13 L/yr
4 years (AmbitionBox Estimate)

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₹11 L/yr - ₹14.1 L/yr
5 years (AmbitionBox Estimate)

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₹10 L/yr - ₹22.6 L/yr
6 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹13.5 L/yr
7 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹14 L/yr
View all

Similar Designation salaries in State Bank of India

Forex Manager Salary
(3 salaries)
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₹5 L/yr - ₹5 L/yr
Officer Salary
(22 salaries)
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₹2 L/yr - ₹11 L/yr
Chief Manager Salary
(352 salaries)
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₹15 L/yr - ₹50 L/yr
Branch Manager Salary
(312 salaries)
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₹8 L/yr - ₹30 L/yr
Cluster Manager Salary
(AmbitionBox Estimate)
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₹7.3 L/yr - ₹9.3 L/yr
Deputy Manager Salary
(628 salaries)
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₹7.01 L/yr - ₹28 L/yr
Team Lead Salary
(32 salaries)
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₹1.95 L/yr - ₹5.05 L/yr
Analyst Salary
(5 salaries)
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₹7.22 L/yr - ₹24 L/yr
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₹4.5 L/yr - ₹14 L/yr
Senior Analyst Salary
(3 salaries)
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₹4.2 L/yr - ₹10 L/yr

Salary related reviews for State Bank of India

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

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.

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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

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

Full Time

 · 

Other Department

3.0
  •  posted on 28 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

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

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Dec 2023

3.0
 for  Salary and Benefits

Likes

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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Dislikes

Age old promotion policy, rigid system, salary is not as per industry standard, lack of proper training, late sitting is rewarded, no facility for working mothers, except for maternity leave, no wfh facility.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 17 Aug 2023

4.0
 for  Salary and Benefits

Likes

Job Safety. Monthly Salary is fixed with regular Annual increments. No NIGHT duties (except for certain specific duties). Compensation for Medical Expenditures for Self + Family. Loans at Simple Interest Rate structure.

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Dislikes

Deal with public at raw and other unscrupulous individuals. Complicated work process and procedures that are convoluted. Lack of standardisation in procedures and actions. Lack of Work-life Balance. Toxic and Unprofessional Work Culture. Prevalence of use of abusive language and incivil behaviour from higher officials and auditors. Environment of intimidation and suppression. Prevalence of trade unions and Netagiri. Arbitrariness and randoness in posting orders, transfers, promotions and allotment for foreign assignments. Nepotism, favouritism with lesser regard for merit. Adoption of a two tumbler system for identical cases. No learning in job with no leadership qualities earned. Sub-standard training programmes. Unsymmetrical work load with parity in entirely. Ownership feeling missing among higher officials. A Hard Working employee retirement goes unnoticed; whereas Inquilab Zindabad community (which disrupts Bank functioning and brings negative image) gets a warm send off from the top management.

read more
see more salary related reviews

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State Bank of India Forex Officer Salary FAQs

What is the salary of Forex Officer at State Bank of India?
Forex Officer salary at State Bank of India in India ranges between ₹10.0 Lakhs to ₹15.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 107% more than the average Forex Officer Salary in India. Salary estimates are based on 7 latest salaries received from various employees of State Bank of India India.
How does the salary of a Forex Officer at State Bank of India India compare with the average salary range for this job?
The average salary of a Forex Officer at State Bank of India is 107% more than the average salary of a Forex Officer in India. To know exact salary insights, login to view.
Which similar companies are paying more than State Bank of India to a Forex Officer in India?
  • Bank of Baroda Forex Officer Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
What is the salary of a Forex Officer in companies similar to State Bank of India in India?
  • Federal Bank Forex Officer Salary - ₹10.2 Lakhs to ₹11.0 Lakhs per year
  • Union Bank of India Forex Officer Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
  • ICICI Bank Forex Officer Salary - ₹4.6 Lakhs to ₹6.0 Lakhs per year
  • Axis Bank Forex Officer Salary - ₹2.4 Lakhs to ₹6.3 Lakhs per year
  • HDFC Bank Forex Officer Salary - ₹2.0 Lakhs to ₹3.2 Lakhs per year
What is the estimated take home salary of a Forex Officer at State Bank of India in India?
The estimated take-home salary of a Forex Officer at State Bank of India ranges between ₹89,706 per month to ₹92,064 per month in India. The take-home salary calculation is based on the average State Bank of India Forex Officer salary in India which ranges between ₹10.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Forex Officer at State Bank of India?
According to AmbitionBox, 50% of the State Bank of India Forex Officers reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

State Bank of India Forex Officer salary in India ranges between ₹10 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 State Bank of India latest salaries received from various employees of State Bank of India.