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SBI Securities

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3.8

based on 1.9k Reviews

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  • About
  • Reviews
    1.9k
  • Salaries
    6.2k
  • Interviews
    165
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    85
  • Benefits
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    21
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SBI Securities Sales Manager salaries in India (Updated 2025)

Annual salary range
4 - 12 years exp.
₹2.9 Lakhs - ₹8 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Sales Manager Salary at SBI Securities ranges between ₹2.9 Lakhs to ₹8 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 329 latest salaries received from... Read more

32% less than the average Sales Manager Salary in Financial Services Companies for 4 - 12 years of experience

Interested in this particular role? 3 job openings

Last Updated: 9 Jul 2025

Companies similar to SBI Securities for Sales Manager

Company name Avg Annual Salary Open Jobs
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ICICI Securities Sales Manager Salary

0 - 6 years exp. (206 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 34% less
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Cholamandalam Investment & Finance Sales Manager Salary

3 - 10 years exp. (77 salaries)

unlock blur

₹3.1 L/yr - ₹7.4 L/yr

arrow icon 4% more
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Logo
American Express Sales Manager Salary

5 - 13 years exp. (63 salaries)

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₹10.9 L/yr - ₹20 L/yr

arrow icon 199% more
Logo
HDFC Sales Sales Manager Salary

1 - 10 years exp. (45 salaries)

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₹2.2 L/yr - ₹6.7 L/yr

arrow icon 18% less
Logo
Aavas Financiers Sales Manager Salary

2 - 11 years exp. (45 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 13% less
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Citicorp Sales Manager Salary

1 - 14 years exp. (25 salaries)

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₹9.5 L/yr - ₹17.8 L/yr

arrow icon 161% more
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Kotak Securities Sales Manager Salary

4 - 15 years exp. (15 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 9% less
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Bajaj Capital Sales Manager Salary

2 - 10 years exp. (15 salaries)

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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 14% less
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Magma Housing Finance Sales Manager Salary

3 - 11 years exp. (13 salaries)

unlock blur

₹3.5 L/yr - ₹10.1 L/yr

arrow icon 19% more
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Marsh McLennan Sales Manager Salary

5 - 27 years exp. (4 salaries)

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₹3.4 L/yr - ₹14 L/yr

arrow icon 122% more
Logo
UBS Sales Manager Salary

0 - 20 years exp. (4 salaries)

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₹3 L/yr - ₹13 L/yr

arrow icon 19% more
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Logo
Morningstar Sales Manager Salary

1 - 5 years exp. (3 salaries)

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₹2.4 L/yr - ₹4 L/yr

arrow icon 37% less
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HSBC Group Sales Manager Salary

4 - 6 years exp. (3 salaries)

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₹5.6 L/yr - ₹7.8 L/yr

arrow icon 36% more

Latest annual salaries shared by SBI Securities Sales Manager

1d ago
₹6.2 Lakhs
8 years exp.
2d ago
₹5 Lakhs
10 years exp.
6d ago
₹5.5 Lakhs
7 years exp.
6d ago
₹5 Lakhs
8 years exp.
6d ago
₹5 Lakhs
4 years exp.
1w ago
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12 years exp.
1w ago
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10 years exp.
1w ago
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9 years exp.
1w ago
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6 years exp.
2w ago
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9 years exp.

SBI Securities Sales Manager salaries by

Years of experience Avg. annual salary
4 years  (20 salaries)

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₹3.6 L/yr - ₹6 L/yr
5 years  (56 salaries)

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₹2.9 L/yr - ₹8 L/yr
Login to view exact salary info icon
6 years  (62 salaries)

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₹2.9 L/yr - ₹7 L/yr
7 years  (48 salaries)

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₹3 L/yr - ₹6.6 L/yr
8 years  (49 salaries)

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₹2.9 L/yr - ₹7.2 L/yr
9 years  (39 salaries)

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₹2.9 L/yr - ₹8 L/yr
10 years  (31 salaries)

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₹3.3 L/yr - ₹6.8 L/yr
11 years  (7 salaries)

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₹4.3 L/yr - ₹7 L/yr
12 years  (17 salaries)

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₹3.6 L/yr - ₹6.5 L/yr
View all salaries by experience

Similar Designation Salaries at SBI Securities

Similar Designation Avg. annual salary
Store Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr

Area Manager Salary
(4 salaries)
unlock-blur

₹5.4 L/yr - ₹9.1 L/yr

Login to view exact salary info icon
Branch Manager Salary
(67 salaries)
unlock-blur

₹3.4 L/yr - ₹10 L/yr

Area Sales Manager Salary
(17 salaries)
unlock-blur

₹3.4 L/yr - ₹7.2 L/yr

Sales Officer Salary
(137 salaries)
unlock-blur

₹1.6 L/yr - ₹3.9 L/yr

Deputy Manager Salary
(42 salaries)
unlock-blur

₹5.1 L/yr - ₹16.7 L/yr

Business Manager Salary
(AmbitionBox Estimate)
unlock-blur

₹2.8 L/yr - ₹3.6 L/yr

Senior Sales Manager Salary
(6 salaries)
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₹2.8 L/yr - ₹6 L/yr

Marketing Manager Salary
(5 salaries)
unlock-blur

₹1.3 L/yr - ₹3.3 L/yr

Regional Manager Salary
(4 salaries)
unlock-blur

₹14 L/yr - ₹23 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for SBI Securities

3.2

Rated by 102 employees for salary & benefits

Sales Manager in Chandigarh

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 10 Jul 2024

1.0
 for  Salary and Benefits

Likes

...ife balance,lots of Pressure in Third party Insurance. No HR and Senior Support. No salary and Appraisals

read more

Dislikes

No salary satisfaction and appraisal No HR and Senior support Pressure of Selling of third party products like mutual funds, General Insurance/Health, Brokerage Customer Requirement

read more
  • Salary - Bad
  • +6 more

Sales Manager in Bangalore / Bengaluru

Full Time

 · 

Sales & Business Development Department

3.0
  •  updated on 18 Sep 2020

1.0
 for  Salary and Benefits

Likes

Good work environment and culture . Teammates are supporting well no salary deduction in covid -19,Thanks for company supporting in creitacal situation ,my request is salary correction

read more
  • Skill development - Excellent
  • +2 more

Dislikes

I have 6yers experience hear but salary not satisfied ,new joinee are getting more then me almost double for same position There is a bond of 6 years with this company

read more
  • Salary - Bad
  • +2 more

Sales Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

5.0
  •  updated on 11 Jul 2020

3.0
 for  Salary and Benefits

Likes

Work environment is good and management also taking care in every aspect.

  • Skill development - Excellent
  • +4 more

Dislikes

So many politics was there in the company.Career growth is very very slow and salary hikes also not at all good.Appraiser rating was not given as per rating.In Management some are intentionally stop my growth.

read more

Sales Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0
  •  updated on 29 Nov 2017

3.0
 for  Salary and Benefits

Likes

The company is open to innvoat tion and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base.i also like that employee rehire policy here.

read more
  • Skill development - Good

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.

read more
  • Work-life balance - Poor

Sales Executive in Hyderabad / Secunderabad

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 10 Oct 2023

1.0
 for  Salary and Benefits

Likes

No writing west company no one told previous joining after joining u did not notice period serving u have pay thuthupalish company get way I'm really soryy I'm working in this company bye forever

read more

Dislikes

This company are disliked

  • Salary - Bad
  • +6 more
see more salary related reviews
More about working at SBI Securities
  • HQ - Mumbai, Maharashtra, India
  • Financial Services
  • 5k-10k Employees (India)

SBI Securities Sales Manager Salary FAQs

What is the salary of Sales Manager at SBI Securities ?
The average salary of a Sales Manager at SBI Securities in India typically ranges from ₹2.9 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Sales Manager at SBI Securities earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Sales Manager Salaries at SBI Securities 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 estimates are based on salary data submitted by 300+ SBI Securities employees in India.
What is the estimated take home salary of a Sales Manager at SBI Securities in India?
The estimated take-home salary of a Sales Manager at SBI Securities in India typically ranges from ₹36,574 to ₹37,791 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 4 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 300+ salaries received from various employees of SBI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Manager at SBI Securities ?
To be a Sales Manager at SBI Securities in india, the key skills required include:

  • - Sales Management
  • - demat
  • - Team Handling
  • - Team Leading
  • - Retail Sales

These skills are highly valued at SBI Securities and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Securities for Sales Manager in India?
American Express ₹10.9 Lakhs to ₹20.0 Lakhs per year
Citicorp ₹9.5 Lakhs to ₹17.8 Lakhs per year
Marsh McLennan ₹3.4 Lakhs to ₹14.0 Lakhs per year
HSBC Group ₹5.6 Lakhs to ₹7.8 Lakhs per year
Magma Housing Finance ₹3.5 Lakhs to ₹10.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Securities, depending on the role and experience level.
What is the salary of a Sales Manager in companies similar to SBI Securities in India?
The salary of a Sales Manager at companies similar to SBI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UBS ₹3.0 Lakhs to ₹13.0 Lakhs per year
Cholamandalam Investment & Finance ₹3.1 Lakhs to ₹7.4 Lakhs per year
Kotak Securities ₹3.0 Lakhs to ₹6.0 Lakhs per year
Aavas Financiers ₹2.2 Lakhs to ₹6.0 Lakhs per year
Bajaj Capital ₹2.4 Lakhs to ₹7.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Sales Manager at SBI Securities in India?
The salary growth for a Sales Manager at SBI Securities depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at SBI Securities:

Experience Average Salary Range
4 years ₹3.6 Lakhs to ₹6.0 Lakhs per year
5 years ₹2.9 Lakhs to ₹8.0 Lakhs per year
6 years ₹2.9 Lakhs to ₹7.0 Lakhs per year
7 years ₹3.0 Lakhs to ₹6.6 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Securities Sales Manager Salaries by Location

  • SBI Securities Sales Manager salaries in Mumbai
  • SBI Securities Sales Manager salaries in Bangalore / Bengaluru
  • SBI Securities Sales Manager salaries in New Delhi
  • SBI Securities Sales Manager salaries in Pune
  • SBI Securities Sales Manager salaries in Bhubaneswar
  • Show more
  • SBI Securities Sales Manager salaries in Hyderabad / Secunderabad
  • SBI Securities Sales Manager salaries in Chennai
  • SBI Securities Sales Manager salaries in Bhopal
  • SBI Securities Sales Manager salaries in Guwahati
  • SBI Securities Sales Manager salaries in Patna
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  • SBI Securities Sales Manager Salaries

SBI Securities Sales Manager salary in India ranges between ₹2.9 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 329 SBI Securities latest salaries received from various employees of SBI Securities.

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Sales Manager Salary in India
based on 1.2L salaries
₹2.4 L/yr - ₹16.1 L/yr
32% less than the average Sales Manager Salary in India
View more details

SBI Securities Sales Manager Reviews and Ratings

based on 102 reviews

3.7/5

Rating in categories

3.4

Skill development

3.6

Work-life balance

3.2

Salary

3.6

Job security

3.3

Company culture

3.2

Promotions

3.4

Work satisfaction

Explore 102 Reviews and Ratings

Gender Based Ratings at SBI Securities

based on 100 Sales Manager salaries
4.9
Rated by 5 Women

for Salary and Benefits at SBI Securities

women
3.6
Rated by 95 Men

for Salary and Benefits at SBI Securities

men
Sales Manager Jobs at SBI Securities
SBI Securities
SBI Securities hiring Sales Manager Demat A/c Retail Sales Nellore

Nellore

3-8 Yrs

₹ 4-5.5 LPA

SBI Securities
Sales Manager required For SBI Securities !!!

Bangalore / Bengaluru

3-8 Yrs

₹ 4-5.5 LPA

SBI Securities
Sales Manager

Sri Ganganagar

4-9 Yrs

₹ 3-5 LPA

Explore more jobs
Compare SBI Securities with
HSBC Group

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Cholamandalam Investment & Finance

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3.9
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Citicorp

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3.7
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BNY

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SBI Securities Employee Benefits
cab
Office cab/shuttle
1 total response
healthInsurance
Health insurance
3 total responses
softskill
Job/Soft skill training
4 total responses
retirement
Retirement benefits
0 total responses
View All

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Notice Period for Sales Manager at SBI Securities

based on 277 responses

3 Months
34%
2 Months
29%
1 Month
27%
15 days or less
8%
More than 3 months
2%
View all
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