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State Bank of India Officer Grade 1 salaries in India

Annual salary range
5 - 11 years exp.
₹8 Lakhs - ₹10.5 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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60% 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)
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₹9.5 L/yr - ₹11.6 L/yr

BFSI, Investments & Trading
Officer Grade 1 Salary
7 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

Finance & Accounting
Officer Grade 1 Salary
11 years exp. (AmbitionBox Estimate)
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₹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
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Canara Bank Officer Grade 1 Salary

2 - 13 years exp. (23 salaries)

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₹8.5 L/yr - ₹14 L/yr

arrow icon 10% more
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Axis Bank Officer Grade 1 Salary

0 - 4 years exp. (20 salaries)

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₹1.8 L/yr - ₹2.8 L/yr

arrow icon 74% less
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Bank of Baroda Officer Grade 1 Salary

4 - 10 years exp. (8 salaries)

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₹8.5 L/yr - ₹14 L/yr

arrow icon 15% more
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IndusInd Bank Officer Grade 1 Salary

0 - 3 years exp. (6 salaries)

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₹2.3 L/yr - ₹3 L/yr

arrow icon 73% less
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HDFC Bank Officer Grade 1 Salary

1 - 6 years exp. (6 salaries)

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₹2 L/yr - ₹2.7 L/yr

arrow icon 75% less
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Bank of India Officer Grade 1 Salary

6 - 8 years exp. (4 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 10% more
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Punjab National Bank Officer Grade 1 Salary

3 - 6 years exp. (4 salaries)

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₹8.8 L/yr - ₹11.4 L/yr

arrow icon 3% more
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Reserve Bank of India Officer Grade 1 Salary

0 - 3 years exp. (4 salaries)

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₹18 L/yr - ₹31 L/yr

arrow icon 147% more
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Indian Bank Officer Grade 1 Salary

3 - 30 years exp. (4 salaries)

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₹6 L/yr - ₹12 L/yr

arrow icon 1% more
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ICICI Bank Officer Grade 1 Salary

2 - 4 years exp. (3 salaries)

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₹1.7 L/yr - ₹2.5 L/yr

arrow icon 76% less
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Bandhan Bank Officer Grade 1 Salary

3 - 4 years exp. (3 salaries)

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₹1.8 L/yr - ₹1.9 L/yr

arrow icon 81% less
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AU Small Finance Bank Officer Grade 1 Salary

0 - 5 years exp. (3 salaries)

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₹1.8 L/yr - ₹2.3 L/yr

arrow icon 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.

Latest annual salaries shared by State Bank of India Officer Grade 1

1y ago
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9 years exp.
1y ago
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8 years exp.
1y ago
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11 years exp.
1y ago
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7 years exp.

Experience wise State Bank of India Officer Grade 1 salaries

Last Updated: 31 Dec 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹9.1 L/yr
6 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)

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₹8 L/yr - ₹16.8 L/yr
8 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)

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₹4 L/yr - ₹10.5 L/yr
View all

Similar Designation salaries in State Bank of India

Officer Salary
(28 salaries)
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₹3 L/yr - ₹12 L/yr
Senior Engineer Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.2 L/yr - ₹5.4 L/yr
Deputy Manager Salary
(626 salaries)
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₹7.2 L/yr - ₹28 L/yr
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₹8.96 L/yr - ₹15 L/yr
QA QC Engineer Salary
(AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr
QA Engineer Salary
(3 salaries)
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₹4.5 L/yr - ₹5.8 L/yr
Test Engineer Salary
(4 salaries)
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₹9 L/yr - ₹14 L/yr
Quality Controller Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for State Bank of India

4.0

Rated by 1 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Skill development - Bad
  • +3 more

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
  • 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.

read more
  • Company culture - Poor
  • +1 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

  • 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

read more
  • Work satisfaction - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +4 more
see more salary related reviews

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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 ?
The average salary of a Officer Grade 1 at State Bank of India in India typically ranges from ₹8.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Officer Grade 1 at State Bank of India earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Officer Grade 1 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 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 in India typically ranges from ₹69,864 to ₹71,661 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 5 years to 11 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.
Which companies offer higher salaries than State Bank of India for Officer Grade 1 in India?
Reserve Bank of India ₹18.0 Lakhs to ₹31.0 Lakhs per year
Bank of Baroda ₹8.5 Lakhs to ₹14.0 Lakhs per year
Canara Bank ₹8.5 Lakhs to ₹14.0 Lakhs per year
Bank of India ₹8.0 Lakhs to ₹12.0 Lakhs per year
Punjab National Bank ₹8.8 Lakhs to ₹11.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by State Bank of India, depending on the role and experience level.
What is the salary of a Officer Grade 1 in companies similar to State Bank of India in India?
The salary of a Officer Grade 1 at companies similar to State Bank of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Indian Bank ₹6.0 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank ₹2.3 Lakhs to ₹3.0 Lakhs per year
Axis Bank ₹1.8 Lakhs to ₹2.8 Lakhs per year
HDFC Bank ₹2.0 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 Officer Grade 1 at State Bank of India in India?
The salary growth for a Officer Grade 1 at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Officer Grade 1 can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
5 years ₹3.4 Lakhs to ₹9.1 Lakhs per year
6 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
7 years ₹8.0 Lakhs to ₹16.8 Lakhs per year
8 years ₹3.9 Lakhs to ₹10.5 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Officer Grade 1 salary in India ranges between ₹8 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 State Bank of India latest salaries received from various employees of State Bank of India.