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State Bank of India

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3.8

based on 3.7k Reviews

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Credit Officer
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State Bank of India Credit Officer Salaries in India

based on 41 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

Credit Officer

2 - 10 years exp. (41 salaries)
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₹7.4 L/yr - ₹17 L/yr

Deputy Manager

4 - 15 years exp. (661 salaries)
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₹7.1 L/yr - ₹28 L/yr

Chief Manager

11 - 22 years exp. (353 salaries)
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₹15 L/yr - ₹50 L/yr

Branch Manager

5 - 16 years exp. (297 salaries)
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₹7.6 L/yr - ₹30 L/yr

Relationship Manager

4 - 14 years exp. (187 salaries)
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₹4.1 L/yr - ₹15.4 L/yr

1 job opening

Credit Analyst

2 - 13 years exp. (104 salaries)
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₹6 L/yr - ₹30 L/yr

Senior Associate

8 - 15 years exp. (58 salaries)
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₹3.6 L/yr - ₹12 L/yr

Credit Manager

3 - 14 years exp. (50 salaries)
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₹10 L/yr - ₹32 L/yr

Officer

0 - 6 years exp. (19 salaries)
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₹2.5 L/yr - ₹10 L/yr

Sales Manager

2 - 5 years exp. (18 salaries)
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₹2 L/yr - ₹5 L/yr

Associate Vice President

2 - 14 years exp. (18 salaries)
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₹10 L/yr - ₹19.8 L/yr

Sales Officer

0 - 5 years exp. (16 salaries)
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₹1.6 L/yr - ₹3.5 L/yr

Deputy Credit Manager

3 - 12 years exp. (7 salaries)
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₹10 L/yr - ₹16 L/yr

Assistant Credit Manager

0 - 8 years exp. (5 salaries)
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₹5.8 L/yr - ₹18 L/yr

Credit Relationship Manager

2 - 13 years exp. (5 salaries)
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₹12 L/yr - ₹18 L/yr

Branch Credit Manager

2 - 17 years exp. (4 salaries)
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₹4.2 L/yr - ₹15 L/yr

Credit Executive

0 - 1 year exp. (4 salaries)
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₹1.4 L/yr - ₹3 L/yr

Zonal Credit Manager

14 - 15 years exp. (4 salaries)
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₹25 L/yr - ₹28 L/yr

Senior Credit Officer

9 - 10 years exp. (3 salaries)
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₹12.5 L/yr - ₹16.1 L/yr

Credit Underwriter

5 - 6 years exp. (AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr

Regional Credit Manager

15 years exp. (AmbitionBox Estimate)
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₹25.2 L/yr - ₹32.2 L/yr

Last Updated: 13 Dec, 2024

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2w
a technical project manager
Deadend
Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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Salary related reviews for State Bank of India

3.5

Rated by 16 employees for salary & benefits

Credit Officer in Nizamabad

Customer Success, Service & Operations Department

1.0
  •  posted on 02 Jun 2022
4.0
 for  Salary and Benefits

Likes

We all know that sbi is a government job.so full job security with handsome salary package is available.Career growth is also good.

read more

Dislikes

More pressure on of third party products sales like general insurance and life insurance and holiday working. You will get less family time.rural posting will affect your children education.pressurable job.

read 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

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

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.

read 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

Deputy Manager in New Delhi

Full Time

 · 

Other Department

3.0
  •  posted on 28 Jul 2024
3.0
 for  Salary and Benefits

Likes

Salary and little bit of recognition

Dislikes

Bad culture Politics Transfer postings outside Which disturbs your personal life Late working Shortage of staff puts more burden on existing employees Poorest work life balance

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Branch Manager in Mumbai

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 20 Dec 2023
3.0
 for  Salary and Benefits

Likes

Job is secured. We get to serve all kind of customers. Employees get huge exposure in whichever field /segment they are working in, great medical benefit, loans at concessional rate.

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Dislikes

Age old promotion policy, rigid system, salary is not as per industry standard, lack of proper training, late sitting is rewarded, no facility for working mothers, except for maternity leave, no wfh facility.

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More about working at State Bank of India

State Bank of India Salary FAQs

How much does State Bank of India pay per year?
The average State Bank of India salary ranges from approximately ₹0.2 Lakh to ₹2 Lakhs per year for a Attendant and ₹38 Lakhs to ₹1 Crore per year for a Chief General Manager. Salary estimates are based on 41 State Bank of India salaries received from various employees of State Bank of India. State Bank of India employees rate the overall salary and benefits package 3.5/5 stars.
What is the highest salary in State Bank of India?
The highest-paying job at State Bank of India is a Chief General Manager with a salary of ₹38 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹24.85 lakhs per year. The top 1% earn more than a whopping ₹51 lakhs per year.
What is the minimum salary in State Bank of India?
Minimum salary at State Bank of India depends on the role you are applying for. For Sales Executive the minimum salary is ₹0.9 Lakh to ₹4 Lakhs per year, and for Associate the minimum salary is ₹2.4 Lakhs to ₹10 Lakhs per year and so on.
What is the salary package for freshers in State Bank of India?
The average salary at State Bank of India for freshers varies from ₹1 Lakh to ₹2.5 Lakhs per year for Office Assistant and ₹6.5 Lakhs to ₹15 Lakhs per year for Assistant Manager.
What is the notice period for Credit Officer at State Bank of India?
According to AmbitionBox, 55% of the State Bank of India Credit Officers reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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Average annual salary for Credit Officer in State Bank of India is INRunlock blur . Salary estimates are based on 41 State Bank of India latest salaries received from various employees of State Bank of India.

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