State Bank of India Officer Grade 1 Salaries by 5 Employees

5 - 11 years exp.

₹8 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

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65% more than the average Officer Grade 1 Salary in Banking Companies for 5 - 11 years of experience

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Salaries in different departments

Marketing & Communication Officer Grade 1 Salary 8 - 9 years exp. (AmbitionBox Estimate)	Unlock ₹9.5 L/yr - ₹11.6 L/yr
BFSI, Investments & Trading Officer Grade 1 Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹7.2 L/yr - ₹8.8 L/yr
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Finance & Accounting Officer Grade 1 Salary 11 years exp. (AmbitionBox Estimate)	Unlock ₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 31 Dec 2023

Companies similar to State Bank of India for Officer Grade 1

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Officer Grade 1 Salary 1 - 6 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹2.7 L/yr 75% less
Axis Bank Officer Grade 1 Salary 0 - 4 years exp. (20 salaries)	Unlock ₹1.8 L/yr - ₹2.8 L/yr 74% less
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IndusInd Bank Officer Grade 1 Salary 0 - 3 years exp. (6 salaries)	Unlock ₹2.3 L/yr - ₹3 L/yr 73% less
Federal Bank Officer Grade 1 Salary 0 - 3 years exp. (33 salaries)	Unlock ₹6.1 L/yr - ₹13 L/yr 7% more
RBL Bank Officer Grade 1 Salary 1 - 5 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹3.1 L/yr 74% less
Bandhan Bank Officer Grade 1 Salary 3 - 4 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹1.9 L/yr 81% less
Canara Bank Officer Grade 1 Salary 2 - 12 years exp. (23 salaries)	Unlock ₹8.5 L/yr - ₹15 L/yr 14% more
Bank of Baroda Officer Grade 1 Salary 4 - 10 years exp. (8 salaries)	Unlock ₹8.5 L/yr - ₹14 L/yr 15% more
Bank of India Officer Grade 1 Salary 6 - 8 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹12 L/yr 10% more
Punjab National Bank Officer Grade 1 Salary 3 - 6 years exp. (4 salaries)	Unlock ₹8.8 L/yr - ₹11.4 L/yr 3% more
Reserve Bank of India Officer Grade 1 Salary 0 - 3 years exp. (4 salaries)	Unlock ₹18 L/yr - ₹31 L/yr 147% more
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Indian Bank Officer Grade 1 Salary 3 - 30 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹12 L/yr 1% more
AU Small Finance Bank Officer Grade 1 Salary 0 - 4 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹2.3 L/yr 80% less

Officer Grade 1 salary at State Bank of India ranges between ₹8 Lakhs to ₹10.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Officer Grade 1 salaries

Last Updated: 31 Dec 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹8.1 L/yr - ₹10.3 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹16.8 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹10.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹9.4 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹10.5 L/yr - ₹10.5 L/yr

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Salary related reviews for State Bank of India

4.0

Rated by 1 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

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

Job security - Good

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.

Salary - Poor

+4 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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State Bank of India Officer Grade 1 Salary FAQs

What is the salary of Officer Grade 1 at State Bank of India?

Officer Grade 1 salary at State Bank of India in India ranges between ₹8.0 Lakhs to ₹10.5 Lakhs for experience between 5 years to 11 years. According to our estimates it is 65% more than the average Officer Grade 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of State Bank of India India.

How does the salary of a Officer Grade 1 at State Bank of India India compare with the average salary range for this job?

The average salary of a Officer Grade 1 at State Bank of India is 65% more than the average salary of a Officer Grade 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than State Bank of India to a Officer Grade 1 in India?

Reserve Bank of India Officer Grade 1 Salary - ₹18.0 Lakhs to ₹31.0 Lakhs per year
Bank of Baroda Officer Grade 1 Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year
Canara Bank Officer Grade 1 Salary - ₹8.5 Lakhs to ₹15.0 Lakhs per year
Bank of India Officer Grade 1 Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
Federal Bank Officer Grade 1 Salary - ₹6.1 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Officer Grade 1 in companies similar to State Bank of India in India?

Punjab National Bank Officer Grade 1 Salary - ₹8.8 Lakhs to ₹11.4 Lakhs per year
Indian Bank Officer Grade 1 Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank Officer Grade 1 Salary - ₹2.3 Lakhs to ₹3.0 Lakhs per year
Axis Bank Officer Grade 1 Salary - ₹1.8 Lakhs to ₹2.8 Lakhs per year
RBL Bank Officer Grade 1 Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year

What is the estimated take home salary of a Officer Grade 1 at State Bank of India in India?

The estimated take-home salary of a Officer Grade 1 at State Bank of India ranges between ₹69,864 per month to ₹71,661 per month in India. The take-home salary calculation is based on the average State Bank of India Officer Grade 1 salary in India which ranges between ₹8.0 Lakhs to ₹10.5 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Officer Grade 1 at State Bank of India?

According to AmbitionBox, 100% of the State Bank of India Officer Grade 1s reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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State Bank of India Officer Grade 1 Salaries

State Bank of India Officer Grade 1 salary in India ranges between ₹8 Lakhs to ₹10.5 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.