Assistant General Manager (FCI SBI) Salary Overview - Comprehensive Insights

The role of an Assistant General Manager (AGM) is a pivotal position within the Food Corporation of India (FCI) and the State Bank of India (SBI). This article aims to provide a comprehensive overview of the salary ranges, factors affecting salary, and current estimates for these positions. Whether you're a newbie looking to enter these roles or an experienced professional, this guide will help you understand the landscape of salaries in the FCI and SBI.

Assistant General Manager (FCI) Salary Overview

Current Salary Range:

As of August 2023, the gross salary for an Assistant General Manager (AGM) at FCI typically falls within a pay scale of approximately Rs. 60,000 to 180,000 per month, depending on experience, location, and specific job responsibilities. This figure can be somewhat flexible, as allowances and benefits may also come into play.

Current Gross Salary Details:

A typical Scale-3 manager, like the author, has a gross salary of Rs.1.65 lakh plus allowances of Rs.0.37 lakh. For a Scale-5 AGM, the gross salary might be around Rs.2.20 lakh plus allowances of Rs.0.50 lakh.

Additional Considerations:

Housing allowances Medical allowances Travel allowances

For the most accurate and up-to-date information, it is advisable to check the official FCI recruitment notifications or their website, as salary structures can change over time.

Assistant General Manager (State Bank of India) Salary Overview

Current Salary Range:

The take-home salary for an Assistant General Manager at State Bank of India in Mumbai ranges between Rs. 2,08,636 to 2,16,933 per month. Throughout India, State Bank of India AGM salaries can vary widely, ranging from Rs. 9.7 lakhs to Rs. 38.0 lakhs annually, with an average of Rs. 23.4 lakhs based on 12 latest salary estimates from various employees.

Factors Affecting Salary:

Salary for an AGM at SBI can vary depending on several factors, including:

Location Experience Qualifications

Estimated Salary Ranges for State Bank of India AGMs:

Entry-level AGM: Rs. 85,000 to Rs. 100,000 per month Experienced AGM: Rs. 100,000 to Rs. 120,000 per month Senior-level AGM: Rs. 120,000 to Rs. 150,000 per month

For the latest and most accurate information, it's essential to refer to the latest salary reports from SBI or a reliable source.

Conclusion

The salary structure for Assistant General Managers in both FCI and SBI can be dynamic, influenced by various factors. It's important to regularly check official notices and credible sources for the most current information.