State Bank of India Mumbai Junior Associate Salaries by 5 Employees

1 - 4 years exp.

₹3 Lakhs - ₹5.3 Lakhs

Salary of majority employees

20% more than the average Junior Associate Salary in Banking Companies for 1 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Junior Associate Salary 1 - 4 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr
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Customer Success, Service & Operations Junior Associate Salary 1 year exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.1 L/yr

Last Updated: 6 Dec 2023

Companies similar to State Bank of India for Junior Associate in Mumbai

State Bank of India Junior Associate Salary

1 - 4 years exp. (5 salaries)

₹3 L/yr - ₹5.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Junior Associate Salary 0 - 7 years exp. (122 salaries)	₹1.2 L/yr - ₹3.5 L/yr 50% less
ICICI Bank Junior Associate Salary 0 - 8 years exp. (9 salaries)	₹1.7 L/yr - ₹2.5 L/yr 60% less
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IKS Health Junior Associate Salary 0 - 3 years exp. (85 salaries)	₹1.9 L/yr - ₹2.7 L/yr 56% less
Knowledgeworks Global Junior Associate Salary 0 - 5 years exp. (71 salaries)	₹1.5 L/yr - ₹3.3 L/yr 49% less
Edelweiss Junior Associate Salary 0 - 9 years exp. (61 salaries)	₹2.4 L/yr - ₹6 L/yr 25% less

Junior Associate salary at State Bank of India ranges between ₹3 Lakhs to ₹5.3 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Junior Associate salaries in Mumbai

Last Updated: 6 Dec 2023

Experience	Avg Annual Salary
1 year (3 salaries)	₹3.4 L/yr - ₹5.3 L/yr
2 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr

Similar Designation salaries in State Bank of India

Deputy Manager Salary

(95 salaries)

₹7.15 L/yr - ₹28 L/yr

Financial Analyst Salary

(3 salaries)

₹10 L/yr - ₹21 L/yr

Top skills at State Bank of India for Junior Associate

Cross Selling customer support Sales

Salary related reviews for State Bank of India

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 20 Mar 2025

4.0

for Salary and Benefits

Likes

...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

Salary - Good

+4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

Work-life balance - Bad

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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State Bank of India Junior Associate Salary FAQs

What is the salary of Junior Associate at State Bank of India in Mumbai?

The average salary of a Junior Associate at State Bank of India in Mumbai typically ranges from ₹3.0 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Junior Associate in Mumbai at State Bank of India earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Junior Associate 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 5 State Bank of India employees in India.

What is the estimated take home salary of a Junior Associate at State Bank of India in Mumbai?

The estimated take-home salary of a Junior Associate at State Bank of India in Mumbai typically ranges from ₹38,384 to ₹39,573 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 1 year to 4 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 5 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 Junior Associate at State Bank of India in Mumbai?

To be a Junior Associate at State Bank of India in Mumbai, the key skills required include:

- Cross Selling
- customer support
- Sales

These skills are highly valued at State Bank of India and are crucial for successful performance in a Software Engineering role.

What is the salary of a Junior Associate in companies similar to State Bank of India in Mumbai?

The salary of a Junior Associate at companies similar to State Bank of India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Edelweiss	₹2.4 Lakhs to ₹6.0 Lakhs per year
Knowledgeworks Global	₹1.5 Lakhs to ₹3.3 Lakhs per year
Kotak Mahindra Bank	₹1.2 Lakhs to ₹3.5 Lakhs per year
IKS Health	₹1.9 Lakhs to ₹2.7 Lakhs per year
ICICI Bank	₹1.7 Lakhs to ₹2.5 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 Junior Associate at State Bank of India in Mumbai?

The salary growth for a Junior Associate at State Bank of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Junior Associate in Mumbai can expect the following growth trajectory at State Bank of India:

Experience	Average Salary Range
1 year	₹3.4 Lakhs to ₹5.3 Lakhs per year
2 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
3 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
4 years	₹4.7 Lakhs to ₹6.0 Lakhs per year

and so on.

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State Bank of India Junior Associate Salaries in Mumbai

State Bank of India Junior Associate salary in Mumbai ranges between ₹3 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.