State Bank of India Senior Associate Salaries by 50+ Employees (Updated 2025)

7 - 15 years exp.

₹4.5 Lakhs - ₹14 Lakhs

Salary of majority employees

At par with the average Senior Associate Salary in Banking Companies for 7 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 10 - 14 years exp. (13 salaries)	₹6 L/yr - ₹12 L/yr
BFSI, Investments & Trading Senior Associate Salary 8 - 15 years exp. (8 salaries)	₹6 L/yr - ₹14 L/yr
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Finance & Accounting Senior Associate Salary 8 - 15 years exp. (8 salaries)	₹4.5 L/yr - ₹11 L/yr
Data Science & Analytics Senior Associate Salary 10 - 12 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹10.3 L/yr
Engineering - Software & QA Senior Associate Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹9.4 L/yr

View all

Last Updated: 20 Mar 2025

Companies similar to State Bank of India for Senior Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Associate Salary 0 - 7 years exp. (524 salaries)	₹1.3 L/yr - ₹4 L/yr 74% less
Deutsche Bank Senior Associate Salary 4 - 10 years exp. (175 salaries)	₹7 L/yr - ₹29.6 L/yr 80% more
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Standard Chartered Senior Associate Salary 2 - 7 years exp. (123 salaries)	₹2.1 L/yr - ₹8 L/yr 46% less
Kotak Mahindra Bank Senior Associate Salary 1 - 5 years exp. (119 salaries)	₹1.4 L/yr - ₹4 L/yr 71% less
Bank of America Senior Associate Salary 2 - 7 years exp. (116 salaries)	₹1.8 L/yr - ₹9.5 L/yr 52% less
Barclays Senior Associate Salary 1 - 11 years exp. (91 salaries)	₹3.6 L/yr - ₹10.6 L/yr 9% less
IDFC FIRST Bank Senior Associate Salary 2 - 7 years exp. (69 salaries)	₹2 L/yr - ₹6.3 L/yr 60% less
HDFC Bank Senior Associate Salary 0 - 11 years exp. (45 salaries)	₹1.7 L/yr - ₹9 L/yr 42% less
Axis Bank Senior Associate Salary 1 - 6 years exp. (19 salaries)	₹1.9 L/yr - ₹4.9 L/yr 65% less
Yes Bank Senior Associate Salary 2 - 9 years exp. (16 salaries)	₹2.7 L/yr - ₹4.3 L/yr 56% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹1.3 L/yr - ₹7.2 L/yr 48% less
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Chase Bank Senior Associate Salary 4 - 11 years exp. (9 salaries)	₹12 L/yr - ₹27 L/yr 78% more
Bandhan Bank Senior Associate Salary 1 - 6 years exp. (6 salaries)	₹1.5 L/yr - ₹5.1 L/yr 65% less
Bank of India Senior Associate Salary 2 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹5 L/yr 62% less
AU Small Finance Bank Senior Associate Salary 2 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4 L/yr 63% less
IDBI Bank Senior Associate Salary 1 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8.5 L/yr 38% less
Sberbank Branch in India Senior Associate Salary 10 years exp. (3 salaries)	₹30 L/yr - ₹36 L/yr 253% more
Bank of Baroda Senior Associate Salary 4 - 7 years exp. (3 salaries)	₹2.1 L/yr - ₹2.5 L/yr 76% less
Punjab National Bank Senior Associate Salary 2 - 4 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 44% less
The World Bank Senior Associate Salary 1 - 7 years exp. (3 salaries)	₹8.1 L/yr - ₹12 L/yr At par

Senior Associate salary at State Bank of India ranges between ₹4.5 Lakhs to ₹14 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 59 latest salaries received from various employees of State Bank of India.

Experience wise State Bank of India Senior Associate salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹14 L/yr
8 years (3 salaries)	₹8 L/yr - ₹14 L/yr
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9 years (6 salaries)	₹5.8 L/yr - ₹12 L/yr
10 years (12 salaries)	₹4.5 L/yr - ₹10 L/yr
11 years (11 salaries)	₹4.5 L/yr - ₹12 L/yr
12 years (12 salaries)	₹6 L/yr - ₹12 L/yr
13 years (4 salaries)	₹6 L/yr - ₹10 L/yr
14 years (6 salaries)	₹6.4 L/yr - ₹10.6 L/yr
15+ years (3 salaries)	₹7 L/yr - ₹11.5 L/yr

View all

From

Senior Associate

₹

Lakhs/yr

7 - 15 years exp.

Regional Manager

₹

Lakhs/yr

12 - 26 years exp.

Senior Associate

7 - 15 years exp.

Assistant Manager

0 - 12 years exp.

31% hike

Deputy Manager

4 - 15 years exp.

35% hike

From

View 7 more levels

Senior Associate

7 - 15 years exp.

General Manager, Audit

Salary unavailable

From

View 6 more levels

Senior Associate

7 - 15 years exp.

New Business Manager

Salary unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for State Bank of India

4.1

Rated by 18 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

Field Officer in Amravati

Full Time

Other Department

3.0

• posted on 20 Oct 2024

5.0

for Salary and Benefits

Likes

Working at SBI is great satisfaction which comes with job security and Salary and other benefits. working in diffrent roles gives knowledge in overall banking sector

Salary - Excellent

+2 more

Dislikes

There is no work life balance . Lot of work pressure and no sympathy towards staff. Frequent transfers to diffrent locations and high pressure of achieving targets

Work satisfaction - Bad

+2 more

Manager in Bhopal

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Job sercurity

Job security - Excellent

Dislikes

...ent transfers Boring job Spend 30+ years in rural area Work in a different state ( rural area of tgat state) Salary is peanuts Targets ( multiple) Toxic work culture Genrer biased policy Tremendous workload Late sitting 14 hrs a day Holiday working Leaves not sanctioned Eqyal salary for non performere and performers No grooming

Salary - Bad

+5 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

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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State Bank of India Senior Associate Salary FAQs

What is the salary of Senior Associate at State Bank of India ?

The average salary of a Senior Associate at State Bank of India in India typically ranges from ₹4.5 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Senior Associate at State Bank of India earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Senior Associate 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 50+ State Bank of India employees in India.

What is the estimated take home salary of a Senior Associate at State Bank of India in India?

The estimated take-home salary of a Senior Associate at State Bank of India in India typically ranges from ₹69,797 to ₹71,591 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 7 years to 15 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 50+ 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 Senior Associate in India?

Sberbank Branch in India	₹30.0 Lakhs to ₹36.0 Lakhs per year
Deutsche Bank	₹7.0 Lakhs to ₹29.6 Lakhs per year
Chase Bank	₹12.0 Lakhs to ₹27.0 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 Senior Associate in companies similar to State Bank of India in India?

The salary of a Senior Associate 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:

The World Bank	₹8.1 Lakhs to ₹12.0 Lakhs per year
Barclays	₹3.6 Lakhs to ₹10.6 Lakhs per year
IDBI Bank	₹3.5 Lakhs to ₹8.5 Lakhs per year
HDFC Bank	₹1.7 Lakhs to ₹9.0 Lakhs per year
Punjab National Bank	₹5.0 Lakhs to ₹6.0 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 Senior Associate at State Bank of India in India?

The salary growth for a Senior Associate at State Bank of India depends on factors such as experience, performance, and promotions. On average, a Senior Associate can expect the following growth trajectory at State Bank of India:

Experience	Average Salary Range
7 years	₹6.3 Lakhs to ₹14.0 Lakhs per year
8 years	₹8.0 Lakhs to ₹14.0 Lakhs per year
9 years	₹5.8 Lakhs to ₹12.0 Lakhs per year
10 years	₹4.5 Lakhs to ₹10.0 Lakhs per year

and so on.

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State Bank of India Senior Associate Salaries

State Bank of India Senior Associate salary in India ranges between ₹4.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 59 State Bank of India latest salaries received from various employees of State Bank of India.

State Bank of India Senior Associate salaries in India (Updated 2025)

Companies similar to State Bank of India for Senior Associate

Latest annual salaries shared by State Bank of India Senior Associate

Experience wise State Bank of India Senior Associate salaries

Similar Designation salaries in State Bank of India

Salary related reviews for State Bank of India

Deputy Manager in Bokaro

Deputy Manager in Mumbai

Field Officer in Amravati

Manager in Bhopal

Deputy Manager in Mumbai

State Bank of India Senior Associate Salary FAQs

Tell us how to improve this page.

State Bank of India Senior Associate Salaries by Location