State Bank of India Mumbai Senior Associate Salaries by 2 Employees (Updated 2025)

10 - 12 years exp.

₹8.9 Lakhs - ₹11.3 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 31 May 2024

Companies similar to State Bank of India for Senior Associate in Mumbai

State Bank of India Senior Associate Salary

10 - 12 years exp. (AmbitionBox Estimate)

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₹8.9 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Associate Salary 0 - 7 years exp. (122 salaries)	Unlock ₹1.5 L/yr - ₹3.8 L/yr 75% less
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	Unlock ₹2.2 L/yr - ₹10.7 L/yr 40% less
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Axis Bank Senior Associate Salary 2 - 7 years exp. (4 salaries)	Unlock ₹1.9 L/yr - ₹4.9 L/yr 66% less
Kotak Mahindra Bank Senior Associate Salary 1 - 7 years exp. (27 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr 71% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹12 L/yr 26% less
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	Unlock ₹2.7 L/yr - ₹7 L/yr 58% less
IDFC FIRST Bank Senior Associate Salary 2 - 8 years exp. (36 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 59% less
Deutsche Bank Senior Associate Salary 4 - 11 years exp. (29 salaries)	Unlock ₹7.2 L/yr - ₹27 L/yr 71% more
Standard Chartered Senior Associate Salary 4 - 6 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹7 L/yr 46% less
Barclays Senior Associate Salary 3 - 7 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹13 L/yr 10% less
Bank of America Senior Associate Salary 3 - 7 years exp. (3 salaries)	Unlock ₹4.5 L/yr - ₹5.2 L/yr 53% less
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Chase Bank Senior Associate Salary 9 - 11 years exp. (3 salaries)	Unlock ₹18.5 L/yr - ₹21.5 L/yr 90% more

Senior Associate salary at State Bank of India ranges between ₹8.9 Lakhs to ₹11.3 Lakhs per year for employees with experience between 10 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of State Bank of India.

From

Senior Associate

₹

Lakhs/yr

7 - 14 years exp.

Regional Manager

₹

Lakhs/yr

12 - 26 years exp.

Senior Associate

7 - 14 years exp.

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Assistant Manager

0 - 11 years exp.

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33% hike

Deputy Manager

4 - 15 years exp.

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30% hike

From

View 7 more levels

Senior Associate

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7 - 14 years exp.

General Manager, Audit

Salary unavailable

From

View 6 more levels

Senior Associate

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7 - 14 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

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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State Bank of India Senior Associate Salary FAQs

What is the notice period for Senior Associate at State Bank of India in Mumbai?

According to AmbitionBox, 100% of the State Bank of India Senior Associates in Mumbai reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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State Bank of India Senior Associate Salaries in Mumbai

State Bank of India Senior Associate salary in Mumbai ranges between ₹8.9 Lakhs to ₹11.3 Lakhs. This is an estimate based on latest salaries received from employees of State Bank of India.