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State Bank of India Sales Executive salaries in Mumbai (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.8 Lakh - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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19% less than the average Sales Executive Salary in Banking Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
Sales Executive Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Sales Executive Salary
Fresher (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.8 L/yr

Sales & Business Development
Sales Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹4 L/yr

Last Updated: 10 Mar 2025

Companies similar to State Bank of India for Sales Executive in Mumbai

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State Bank of India Sales Executive Salary

0 - 4 years exp. (5 salaries)

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₹1.8 L/yr - ₹4 L/yr

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Company name Avg Annual Salary Open Jobs
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HDFC Bank Sales Executive Salary

0 - 6 years exp. (349 salaries)

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₹1 L/yr - ₹5.9 L/yr

arrow icon 2% less
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Kotak Mahindra Bank Sales Executive Salary

0 - 6 years exp. (179 salaries)

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₹1.1 L/yr - ₹5 L/yr

arrow icon 6% more
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ICICI Bank Sales Executive Salary

0 - 7 years exp. (164 salaries)

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₹1 L/yr - ₹5 L/yr

arrow icon 7% more
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IDFC FIRST Bank Sales Executive Salary

0 - 6 years exp. (88 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 3% more
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Axis Bank Sales Executive Salary

0 - 7 years exp. (81 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

arrow icon 4% more
2 job openings
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Yes Bank Sales Executive Salary

0 - 7 years exp. (64 salaries)

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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 7% more
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AU Small Finance Bank Sales Executive Salary

0 - 7 years exp. (15 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 7% more
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IndusInd Bank Sales Executive Salary

0 - 7 years exp. (13 salaries)

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₹1.5 L/yr - ₹3.7 L/yr

arrow icon 12% more
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IDBI Bank Sales Executive Salary

3 - 6 years exp. (10 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 4% more
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Bank of Baroda Sales Executive Salary

1 - 5 years exp. (10 salaries)

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₹2.3 L/yr - ₹3 L/yr

arrow icon 10% more
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Bandhan Bank Sales Executive Salary

0 - 5 years exp. (7 salaries)

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₹1.8 L/yr - ₹2.6 L/yr

arrow icon 3% less
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Standard Chartered Sales Executive Salary

2 - 3 years exp. (4 salaries)

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₹2 L/yr - ₹7.2 L/yr

arrow icon 56% more
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Deutsche Bank Sales Executive Salary

1 year exp. (3 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 91% more
Sales Executive salary at State Bank of India ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 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 Sales Executive in Mumbai

3w ago
₹3.5 Lakhs
4 years exp.

Experience wise State Bank of India Sales Executive salaries in Mumbai

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in State Bank of India

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₹2 L/yr - ₹5 L/yr

Salary related reviews for State Bank of India

4.5

Rated by 4 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 11 Nov 2023

2.0
 for  Salary and Benefits

Likes

Those who are working in sbi bank such a wonderful personality and encourage in every single day. Moving to good nature

  • Skill development - Excellent
  • +5 more

Dislikes

Over time working and working more but salary little so I can't do that job because of salary

read more
  • Salary - Poor

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.

read more
  • 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.

read more
  • Work-life balance - Bad

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
see more salary related reviews

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State Bank of India Sales Executive Salary FAQs

What is the salary of Sales Executive at State Bank of India in Mumbai?
The average salary of a Sales Executive at State Bank of India in Mumbai typically ranges from ₹1.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Sales Executive in Mumbai at State Bank of India earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Sales Executive 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 Sales Executive at State Bank of India in Mumbai?
The estimated take-home salary of a Sales Executive at State Bank of India in Mumbai typically ranges from ₹18,416 to ₹20,103 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 Sales Executive in India?
Deutsche Bank ₹2.0 Lakhs to ₹11.0 Lakhs per year
Standard Chartered ₹2.0 Lakhs to ₹7.2 Lakhs per year
IndusInd Bank ₹1.5 Lakhs to ₹3.7 Lakhs per year
Bank of Baroda ₹2.3 Lakhs to ₹3.0 Lakhs per year
ICICI Bank ₹1.0 Lakhs to ₹5.0 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 Sales Executive in companies similar to State Bank of India in Mumbai?
The salary of a Sales Executive at companies similar to State Bank of India in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

AU Small Finance Bank ₹1.5 Lakhs to ₹3.5 Lakhs per year
Yes Bank ₹1.8 Lakhs to ₹4.3 Lakhs per year
Kotak Mahindra Bank ₹1.1 Lakhs to ₹5.0 Lakhs per year
IDBI Bank ₹2.0 Lakhs to ₹3.0 Lakhs per year
Axis Bank ₹1.1 Lakhs to ₹4.5 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 Sales Executive at State Bank of India in Mumbai?
The salary growth for a Sales Executive at State Bank of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Executive in Mumbai can expect the following growth trajectory at State Bank of India:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹2.8 Lakhs per year
1 year ₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years ₹2.4 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.5 Lakhs to ₹3.1 Lakhs per year
and so on.

Tell us how to improve this page.

State Bank of India Sales Executive salary in Mumbai ranges between ₹1.8 Lakh to ₹4 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.