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State Bank of India Salaries in Pune (Updated 2025)

based on 449 latest salaries
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BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
6 - 15 years exp. · Pune (39 salaries)
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₹9.5 L/yr - ₹34 L/yr

2 - 6 years exp. · Pune (13 salaries)
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₹4.5 L/yr - ₹8 L/yr

10 - 11 years exp. · Pune (4 salaries)
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₹19.7 L/yr - ₹24 L/yr

1 - 3 years exp. · Pune (4 salaries)
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₹2 L/yr - ₹4.2 L/yr

0 - 2 years exp. · Pune (3 salaries)
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₹2.4 L/yr - ₹4 L/yr

3 - 4 years exp. · Pune (AmbitionBox Estimate)
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₹4.4 L/yr - ₹14.4 L/yr

Fresher · Pune (AmbitionBox Estimate)
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₹1 L/yr - ₹2 L/yr

2 years exp. · Pune (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

3 years exp. · Pune (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

29 years exp. · Pune (AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.2 L/yr

31 years exp. · Pune (AmbitionBox Estimate)
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₹24.3 L/yr - ₹31 L/yr

6 - 8 years exp. · Pune (AmbitionBox Estimate)
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₹4.7 L/yr - ₹9 L/yr

1 - 3 years exp. · Pune (AmbitionBox Estimate)
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₹1 L/yr - ₹2 L/yr

Fresher · Pune (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

3 years exp. · Pune (AmbitionBox Estimate)
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₹1 L/yr - ₹1.3 L/yr

Last Updated: 29 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

read more
  • Salary - Good
  • +5 more

Dislikes

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

read more

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 20 Mar 2025

4.0
 for  Salary and Benefits

Likes

...ly banker to every Indian. One gain experience in handling all kind of customer. Good Salary package compared to any other banking and financial institutions. Respect and status is incomparable. Tough but worth for career oriented candidates.

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  • Salary - Good
  • +4 more

Dislikes

Challenges before a women employee and men is not the same in our society. Not every family support working women. To spread their wings and fulfill their dreams they faces many many hurdles. We cannot have rigid and common transfer policy for everyone. I have seen many women employee resigning due to this reason including me. Having work life balance is difficult for officer particularly.

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  • Work-life balance - Bad

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 12 Mar 2025

2.0
 for  Salary and Benefits

Likes

Job security,low interest rate for loans ,medical facilities ,leave facility and perks

  • Job security - Good

Dislikes

No work life balance Excess workload Not sufficient salary according to work we do Long working hours without any overtime No resolution of grievances .you just have to work and work to complete the work Shortage of staff.

read more
  • Salary - Poor
  • +5 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:

Manager ₹9.5 Lakhs to ₹34 Lakhs per year
Associate ₹4.5 Lakhs to ₹8 Lakhs per year
Senior Manager ₹19.7 Lakhs to ₹24 Lakhs per year
Assistant ₹2 Lakhs to ₹4.2 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 449 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 ₹5.9 Lakhs to ₹18 Lakhs per year
Fresher as a FOS Executive Salary ₹2 Lakhs to ₹3.5 Lakhs per year
Fresher as a Sales Executive Salary ₹1.2 Lakhs to ₹3.6 Lakhs per year

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Average annual salary in State Bank of India , Pune is INRunlock blur . Salary estimates are based on 400+ State Bank of India latest salaries received from various employees of State Bank of India.

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