State Bank of India Loan Officer Salaries by 10+ Employees (Updated 2025)

1 - 8 years exp.

₹2.3 Lakhs - ₹5.2 Lakhs

Salary of majority employees

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61% more than the average Loan Officer Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Loan Officer Salary 4 - 8 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹12 L/yr
Administration & Facilities Loan Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹3.8 L/yr
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Sales & Business Development Loan Officer Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹3.7 L/yr - ₹7.5 L/yr

Last Updated: 15 Feb 2025

Companies similar to State Bank of India for Loan Officer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Loan Officer Salary 0 - 5 years exp. (108 salaries)	Unlock ₹1.2 L/yr - ₹5 L/yr 35% less
ICICI Bank Loan Officer Salary 0 - 8 years exp. (22 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 37% less
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Axis Bank Loan Officer Salary 0 - 5 years exp. (30 salaries)	Unlock ₹1.6 L/yr - ₹3.3 L/yr 51% less	3 job openings
Punjab National Bank Loan Officer Salary 1 - 10 years exp. (4 salaries)	Unlock ₹4.6 L/yr - ₹7.5 L/yr 36% more
Bank of Baroda Loan Officer Salary 5 - 6 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹12 L/yr 121% more
Canara Bank Loan Officer Salary 1 - 8 years exp. (5 salaries)	Unlock ₹1.4 L/yr - ₹10 L/yr 33% more
IDBI Bank Loan Officer Salary 0 - 11 years exp. (7 salaries)	Unlock ₹2 L/yr - ₹7 L/yr 35% more
IndusInd Bank Loan Officer Salary 0 - 5 years exp. (33 salaries)	Unlock ₹1.5 L/yr - ₹4.2 L/yr 38% less
Kotak Mahindra Bank Loan Officer Salary 0 - 6 years exp. (14 salaries)	Unlock ₹2 L/yr - ₹3 L/yr 44% less
Federal Bank Loan Officer Salary 1 - 2 years exp. (4 salaries)	Unlock ₹1.3 L/yr - ₹3.5 L/yr 48% less
Bajaj Finance Loan Officer Salary 0 - 5 years exp. (10 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 40% less
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Aditya Birla Finance Loan Officer Salary 1 - 10 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr 14% less
Cholamandalam Investment & Finance Loan Officer Salary 0 - 5 years exp. (8 salaries)	Unlock ₹1.9 L/yr - ₹3.1 L/yr 41% less
IDFC FIRST Bank Loan Officer Salary 0 - 5 years exp. (44 salaries)	Unlock ₹1.5 L/yr - ₹3.8 L/yr 44% less
Bandhan Bank Loan Officer Salary 0 - 6 years exp. (27 salaries)	Unlock ₹1.7 L/yr - ₹4.1 L/yr 36% less
AU Small Finance Bank Loan Officer Salary 1 - 5 years exp. (7 salaries)	Unlock ₹1.3 L/yr - ₹3.2 L/yr 53% less
Standard Chartered Loan Officer Salary 1 - 6 years exp. (3 salaries)	Unlock ₹1.6 L/yr - ₹12 L/yr 38% more

Loan Officer salary at State Bank of India ranges between ₹2.3 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 13 latest salaries received from various employees of State Bank of India.

Latest annual salaries shared by State Bank of India Loan Officer

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2 years exp.

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2 years exp.

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1 year exp.

2mo ago

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1 year exp.

2mo ago

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5 years exp.

3mo ago

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4 years exp.

4mo ago

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4 years exp.

6mo ago

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8 years exp.

7mo ago

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6 years exp.

1y ago

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3 years exp.

Experience wise State Bank of India Loan Officer salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	Unlock ₹2.3 L/yr - ₹6.6 L/yr
2 years (3 salaries)	Unlock ₹2.3 L/yr - ₹7 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹7.4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹9.4 L/yr

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Salary related reviews for State Bank of India

5.0

Rated by 3 employees for salary & benefits

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

Branch Manager in Mumbai

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.

Job security - Excellent

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.

Skill development - Bad

+2 more

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State Bank of India Loan Officer Salary FAQs

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

Loan Officer salary at State Bank of India in India ranges between ₹2.3 Lakhs to ₹5.2 Lakhs for experience between 1 years to 8 years. According to our estimates it is 61% more than the average Loan Officer Salary in India. Salary estimates are based on 13 latest salaries received from various employees of State Bank of India India.

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

The average salary of a Loan Officer at State Bank of India is 61% more than the average salary of a Loan Officer in India. To know exact salary insights, login to view.

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

Bank of Baroda Loan Officer Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
Standard Chartered Loan Officer Salary - ₹1.6 Lakhs to ₹12.0 Lakhs per year
Punjab National Bank Loan Officer Salary - ₹4.6 Lakhs to ₹7.5 Lakhs per year
IDBI Bank Loan Officer Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Canara Bank Loan Officer Salary - ₹1.4 Lakhs to ₹10.0 Lakhs per year

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

Aditya Birla Finance Loan Officer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
HDFC Bank Loan Officer Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
Bandhan Bank Loan Officer Salary - ₹1.7 Lakhs to ₹4.1 Lakhs per year
ICICI Bank Loan Officer Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
IndusInd Bank Loan Officer Salary - ₹1.5 Lakhs to ₹4.2 Lakhs per year

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

The estimated take-home salary of a Loan Officer at State Bank of India ranges between ₹33,121 per month to ₹34,389 per month in India. The take-home salary calculation is based on the average State Bank of India Loan Officer salary in India which ranges between ₹2.3 Lakhs to ₹5.2 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 52% of the State Bank of India Loan Officers reported a notice period of 15 days or less, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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State Bank of India Loan Officer Salaries by Location

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State Bank of India Loan Officer Salaries

State Bank of India Loan Officer salary in India ranges between ₹2.3 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 State Bank of India latest salaries received from various employees of State Bank of India.

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

Companies similar to State Bank of India for Loan Officer

Latest annual salaries shared by State Bank of India Loan Officer

Experience wise State Bank of India Loan Officer salaries

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Deputy Manager in Mumbai

Deputy Manager in New Delhi

Branch Manager in Mumbai

State Bank of India Loan Officer Salary FAQs

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State Bank of India Loan Officer Salaries by Location