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State Bank of India Salaries in Pune (Updated 2025)

based on 450 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
4 - 15 years exp. · Pune (31 salaries)
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₹8 L/yr - ₹20 L/yr

1 job opening
5 - 14 years exp. · Pune (21 salaries)
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₹5 L/yr - ₹20.1 L/yr

11 - 21 years exp. · Pune (15 salaries)
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₹21 L/yr - ₹45.8 L/yr

5 - 14 years exp. · Pune (15 salaries)
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₹12 L/yr - ₹28 L/yr

Starting your career? Discover State Bank of India fresher salaries in India
0 - 4 years exp. · Pune (12 salaries)
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₹1.5 L/yr - ₹3 L/yr

3 - 12 years exp. · Pune (10 salaries)
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₹4.5 L/yr - ₹15 L/yr

1 - 7 years exp. · Pune (7 salaries)
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₹1.7 L/yr - ₹7.3 L/yr

17 - 31 years exp. · Pune (6 salaries)
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₹13.9 L/yr - ₹40 L/yr

0 - 9 years exp. · Pune (6 salaries)
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₹4.1 L/yr - ₹5 L/yr

5 - 11 years exp. · Pune (5 salaries)
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₹10 L/yr - ₹20 L/yr

9 - 12 years exp. · Pune (5 salaries)
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₹10 L/yr - ₹15 L/yr

8 - 12 years exp. · Pune (5 salaries)
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₹10 L/yr - ₹17.5 L/yr

0 - 3 years exp. · Pune (5 salaries)
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₹3.6 L/yr - ₹7.2 L/yr

1 - 6 years exp. · Pune (4 salaries)
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₹7.3 L/yr - ₹13.3 L/yr

1 - 2 years exp. · Pune (4 salaries)
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₹1.5 L/yr - ₹4 L/yr

4 - 6 years exp. · Pune (4 salaries)
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₹2.5 L/yr - ₹3 L/yr

6 - 11 years exp. · Pune (4 salaries)
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₹10 L/yr - ₹20 L/yr

2 - 5 years exp. · Pune (4 salaries)
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₹2.4 L/yr - ₹6 L/yr

2 - 4 years exp. · Pune (3 salaries)
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₹2.7 L/yr - ₹3.5 L/yr

0 - 2 years exp. · Pune (3 salaries)
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₹1 L/yr - ₹1.5 L/yr

Last Updated: 16 Mar, 2025

Salary related reviews for State Bank of India

3.7

Rated by 82 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 23 Jul 2023

4.0
 for  Salary and Benefits

Likes

The job has good salary. If you join as PO you will get fast promotions.

  • Salary - Good
  • +1 more

Dislikes

...may even get posted at villages where even basic amenities are not even present. Mang time you’ll be asked to work on holidays Saturday sunday and they will not pay you anything for working on holidays. Laste sitting culture you’ll be working 10 to 9 7 days a week. Pressure for cross selling is very bad and also you will not get a single penny for it. Only top management get incentive/commission so we only do cross selling to earn commission for top management. If you don’t achieve cross selling targets you’ll be treated very bad they’ll even use foul language for you on video meetings.

read more
  • Skill development - Poor
  • +3 more

Administration & Facilities Department

1.0
  •  posted on 29 Dec 2021

1.0
 for  Salary and Benefits

Likes

...his her family from him by transferring farthest places. Work life : terrible Salary : just ok Working culture : like don - key Transfer policy : Blind Human resource : rejected people from operational part

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Dislikes

Work life balance Salary Maska Chaploosi Human resource Work culture Don key Many more Recommendation join sbi only when u rejected from all possible job even peon in state or Central govt

read more
  • Salary - Bad
  • +4 more

BFSI, Investments & Trading Department

5.0
  •  posted on 31 Aug 2018

4.0
 for  Salary and Benefits

Likes

Being merger from State Bank of Indore,the treatment is given is good,providing good training ,job security ,better salary,work environment is good with higher official and after retirement job facility and life enjoining with other benefit

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  • Salary - Good
  • +5 more

Dislikes

good teammates,better training,job security,career growth,good salary,travel and work life balance

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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.

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  • 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.

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  • Skill development - Bad
  • +3 more
see more salary related reviews

State Bank of India Salary FAQs

How much does State Bank of India pay to its employees?
The average annual salary at State Bank of India varies depending on the role, experience, and location. The salary ranges for some popular designations at State Bank of India, are as follows:

Deputy Manager ₹8 Lakhs to ₹20 Lakhs per year
Relationship Manager ₹5 Lakhs to ₹20.1 Lakhs per year
Chief Manager ₹21 Lakhs to ₹45.8 Lakhs per year
Branch Manager ₹12 Lakhs to ₹28 Lakhs per year

The highest-paying role, Chief General Manager, earns between ₹38 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹25 Lakhs per year, and the top 1% earn over ₹50 Lakhs per year. 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 salary estimates are based on data from 450 salaries submitted by State Bank of India employees. State Bank of India is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at State Bank of India in Pune?
The salary of a fresher at State Bank of India in Pune typically ranges from ₹1.8 Lakh to ₹16 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Branch Relationship Executive Salary ₹1.2 Lakhs to ₹4 Lakhs per year
Fresher as a Probationary Officer Salary ₹4.8 Lakhs to ₹18 Lakhs per year
Fresher as a FOS Executive Salary ₹2 Lakhs to ₹3.4 Lakhs per year
Fresher as a Sales Executive Salary ₹1.2 Lakhs to ₹3.8 Lakhs per year

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Average annual salary in State Bank of India , Pune is INRunlock blur . Salary estimates are based on 450 State Bank of India latest salaries received from various employees of State Bank of India.

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