Salary Guide · India 2026
State Bank of India (SBI) is India's largest public-sector bank and the world's 6th-largest bank by branches, with a dominant presence in rural and semi-urban India. The IT Officer / Specialist Officer cadre is the tech entry route. Salary ranges below are sourced primarily from AmbitionBox, with Glassdoor as a secondary cross-check, and reflect total CTC (base + variable + equity) at the 25th–90th percentile of reported offers in India.
Software Engineer · Mid-level / 3–5 yrs
₹14L – ₹22Ltotal CTC
Salary bands for 3 roles at State Bank of India, from Software Engineer to Finance — see all below.
Working at State Bank of India
~250,000 employees. NSE/BSE-listed (SBIN). Revenue ~₹2.5 lakh Cr total income FY24. The largest employer in India's banking sector. 22,000+ branches.
What the interview actually tests
IT Officer entry ₹8–12L is lower than private banks but offers extreme job security, 7th CPC structured pay, PF, pension, housing loans at preferential rates, and promotions on a defined timeline. Bond period is 2 years. Interview: banking and financial awareness + basic technical questions for IT cadre. GD-PI format for campus hires.
Role
State Bank of India's pay bands for Software Engineers in India, fresher through senior.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹8L – ₹12L | None |
| Mid-level / 3–5 yrs | ₹14L – ₹22L | None |
SBI Specialist Officer (IT), 7th CPC pay structure.
Role
Total CTC ranges for Business Analysts at State Bank of India India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Senior / 6–9 yrs | ₹13L – ₹17L | None |
AB scrape: Business Analyst (n=58); n=58
Role
Total CTC ranges for Finances at State Bank of India India, from fresher to senior level.
| Experience Level | Total CTC (LPA) | Equity |
|---|---|---|
| Fresher / 0–2 yrs | ₹8L – ₹12L | None |
| Mid-level / 3–5 yrs | ₹14L – ₹24L | None |
| Senior / 6–9 yrs | ₹25L – ₹42L | None |
SBI PO trainee, Junior Management Grade Scale-I.
Indian Banking