State Bank of India Mechanical Engineer Salaries by 3 Employees (Updated 2025)

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₹1 Lakh - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

56% less than the average Mechanical Engineer Salary in Banking Companies for 2 years of experience

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Last Updated: 16 Mar 2023

Companies similar to State Bank of India for Mechanical Engineer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Mechanical Engineer Salary 0 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹4 L/yr 58% more
HDFC Bank Mechanical Engineer Salary 4 - 5 years exp. (3 salaries)	₹2 L/yr - ₹5 L/yr 53% more
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Yes Bank Mechanical Engineer Salary 2 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹4 L/yr 57% more
IndusInd Bank Mechanical Engineer Salary 2 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 21% more
Larsen & Toubro Limited Mechanical Engineer Salary 0 - 12 years exp. (548 salaries)	₹1.1 L/yr - ₹10.5 L/yr 199% more

Mechanical Engineer salary at State Bank of India ranges between ₹1 Lakh to ₹3.6 Lakhs per year for employees with 2 years of experience. Salary estimates are based on 3 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Mechanical Engineer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (3 salaries)	₹1 L/yr - ₹3.6 L/yr
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Similar Designation salaries in State Bank of India

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₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for State Bank of India

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

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.

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.

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.

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

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

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

Very poor,work life balance is nothing,no knowledge updation because they know about job security so they are less worried about customer service knowledge updation and delivering our best.only. late sitting can save u and made you hero not your expertise and smart work.

Deputy Manager in Visnagar

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Apr 2023

4.0

for Salary and Benefits

Likes

Salary and perks are good

Dislikes

You have to work 12 hours a day, management pressure, you have to work on Sunday and holiday also, due to staff shortage you can't get leave on occasion. You can't give time to your family.

see more salary related reviews

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What people are saying about State Bank of India

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wineymoose

An Operations Manager

Don't apply for a banking job until you read this.

Are you considering a career in banking? Think again.. Between FY17 and FY24, while the Indian banking sector added half a million new jobs, public sector banks said goodbye to over 1,00,000 employees... In FY24 alone, 11,154 jobs vanished, with the State Bank of India leading the exit wave at 3,562 employees. Is this the end of stable PSU jobs as we know them?

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State Bank of India Mechanical Engineer Salary FAQs

What is the notice period for Mechanical Engineer at State Bank of India?

According to AmbitionBox, 50% of the State Bank of India Mechanical Engineers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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State Bank of India Mechanical Engineer Salaries by Location

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State Bank of India Mechanical Engineer Salaries

State Bank of India Mechanical Engineer salary in India ranges between ₹1 Lakh to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 State Bank of India latest salaries received from various employees of State Bank of India.