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SBI Mutual Fund Salaries in Indore

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Salaries by designations

Based on 15 salaries · Updated: 20 Nov 2024
All Departments
Designation Avg Annual Salary Open Jobs
0 - 7 years exp. · Indore (4 salaries)
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₹1.3 L/yr - ₹3.5 L/yr

2 - 4 years exp. · Indore (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3.5 L/yr

16 job openings
3 - 6 years exp. · Indore (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

2 years exp. · Indore (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

3 years exp. · Indore (AmbitionBox Estimate)
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₹2 L/yr - ₹5.6 L/yr

15 years exp. · Indore (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.6 L/yr

3 years exp. · Indore (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

14 - 16 years exp. · Indore (AmbitionBox Estimate)
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₹3.5 L/yr - ₹3.6 L/yr

2 years exp. · Indore (AmbitionBox Estimate)
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₹1.9 L/yr - ₹5 L/yr

Latest salaries by SBI Mutual Fund employees

3d ago

Deputy Manager

3 years exp.

₹15 Lakhs
4d ago

Assistant Manager

1 month exp.

₹4.1 Lakhs
1w ago

Relationship Manager

2 years exp.

₹3 Lakhs
1w ago

Chief Manager

11 years exp.

₹28.5 Lakhs
1w ago

Customer Service Executive

2 years exp.

₹2.7 Lakhs
1w ago

Customer Service Support Specialist

2 years exp.

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1w ago

Sales Officer

2 years exp.

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1w ago

HR Associate

5 years exp.

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2w ago

Cluster Head

22 years exp.

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2w ago

Product Manager

3 years exp.

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Salary related reviews for SBI Mutual Fund

2.7

Rated by 7 employees for salary & benefits

Other Department

3.0
  •  updated on 18 Oct 2020

3.0
 for  Salary and Benefits

Likes

.... They give salary hike every year.

Dislikes

Company is not giving much hike in salary for Operations team specially off roll employees and ther...

read more

Customer Success, Service & Operations Department

2.0
  •  updated on 25 Oct 2018

2.0
 for  Salary and Benefits

Likes

Very good good team work good infrastructure nice people .

Dislikes

Work pressure is very high and no off roll growth same work done by off roll by hike is lleno compe...

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Sales & Business Development Department

4.0
  •  updated on 28 Jan 2025

3.0
 for  Salary and Benefits

Likes

.... But here the job security is high and it's ok to work here for long but at the cost of low sa...

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Dislikes

Low Salary

Sales & Business Development Department

4.0
  •  updated on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Working in SBIMF gives you feeling of proud and brand recognition. Job security and mental peace.

Dislikes

Appraisal, employee recognition, Salary, respect as an old loyal employee not there. People...

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BFSI, Investments & Trading Department

4.0
  •  updated on 09 Aug 2024

3.0
 for  Salary and Benefits

Likes

The work culture is good,but the salary increament and promotion opportunity is very bad, al...

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Dislikes

Growth opportunities Salary increament Learning

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SBI Mutual Fund Salary FAQs

How much does SBI Mutual Fund pay to its employees?
The average annual salary at SBI Mutual Fund varies depending on the role, experience, and location. The salary ranges for some popular designations at SBI Mutual Fund, are as follows:

Customer Service Associate ₹1.3 Lakhs to ₹3.5 Lakhs per year
Relationship Manager ₹2.3 Lakhs to ₹3.5 Lakhs per year
Sales Support Specialist ₹2.2 Lakhs to ₹2.8 Lakhs per year
Business Development Executive ₹2.9 Lakhs to ₹3.7 Lakhs per year

The highest-paying role, Deputy Vice President, earns between ₹35.6 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹19.7 Lakhs per year, and the top 1% earn over ₹55.5 Lakhs per year. Salaries at SBI Mutual Fund 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 salary estimates are based on data from 15 salaries submitted by SBI Mutual Fund employees. SBI Mutual Fund is rated 2.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at SBI Mutual Fund in Indore?
The salary of a fresher at SBI Mutual Fund in Indore typically ranges from ₹2 Lakhs to ₹8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Manager Salary ₹2.3 Lakhs to ₹6.8 Lakhs per year
Fresher as a Sales Executive Salary ₹2 Lakhs to ₹4.5 Lakhs per year
Fresher as a Operations Executive Salary ₹2 Lakhs to ₹3 Lakhs per year
Fresher as a Customer Service Executive Salary ₹1.6 Lakhs to ₹3 Lakhs per year

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Average annual salary in SBI Mutual Fund , Indore is INRunlock blur . Salary estimates are based on 10+ SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.

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