SBI Capital Markets Mumbai Deputy Manager Salaries by 50+ Employees (Updated 2025)

1 - 6 years exp.

₹12.8 Lakhs - ₹22 Lakhs

Salary of majority employees

116% more than the average Deputy Manager Salary for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 1 - 6 years exp. (32 salaries)	₹12.8 L/yr - ₹22 L/yr
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Finance & Accounting Deputy Manager Salary 3 - 5 years exp. (6 salaries)	₹13 L/yr - ₹22 L/yr

Last Updated: 17 Jan 2025

Companies similar to SBI Capital Markets for Deputy Manager in Mumbai

SBI Capital Markets Deputy Manager Salary

1 - 6 years exp. (57 salaries)

₹12.8 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Deputy Manager Salary 0 - 6 years exp. (6 salaries)	₹4.2 L/yr - ₹6 L/yr 69% less
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (3.6k salaries)	₹2 L/yr - ₹10.9 L/yr 67% less
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Yes Bank Deputy Manager Salary 0 - 13 years exp. (759 salaries)	₹2.9 L/yr - ₹9 L/yr 68% less
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (746 salaries)	₹1.7 L/yr - ₹8.1 L/yr 73% less
IDFC FIRST Bank Deputy Manager Salary 0 - 12 years exp. (590 salaries)	₹3 L/yr - ₹10 L/yr 68% less
JM Financial Deputy Manager Salary 4 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹6.7 L/yr 66% less
Motilal Oswal Financial Services Deputy Manager Salary 6 - 11 years exp. (5 salaries)	₹3.5 L/yr - ₹8 L/yr 72% less
Kotak Securities Deputy Manager Salary 0 - 11 years exp. (515 salaries)	₹2.2 L/yr - ₹7.6 L/yr 75% less
Angel One Deputy Manager Salary 2 - 14 years exp. (88 salaries)	₹3.6 L/yr - ₹10.7 L/yr 65% less
HDFC Securities Deputy Manager Salary 4 - 13 years exp. (88 salaries)	₹3.6 L/yr - ₹10.2 L/yr 61% less
Axis Direct Deputy Manager Salary 4 - 16 years exp. (64 salaries)	₹3.5 L/yr - ₹12 L/yr 57% less
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Sharekhan Deputy Manager Salary 5 - 15 years exp. (39 salaries)	₹4.5 L/yr - ₹11 L/yr 59% less
Allcargo Logistics Deputy Manager Salary 4 - 15 years exp. (34 salaries)	₹6.8 L/yr - ₹20 L/yr 36% less
Reliance Securities Deputy Manager Salary 3 - 16 years exp. (33 salaries)	₹4.4 L/yr - ₹12 L/yr 61% less
Godfrey Phillips India Deputy Manager Salary 7 - 12 years exp. (6 salaries)	₹12 L/yr - ₹20 L/yr 11% less
Karvy Stock Broking Deputy Manager Salary 8 - 10 years exp. (6 salaries)	₹5 L/yr - ₹6.2 L/yr 70% less

Deputy Manager salary at SBI Capital Markets ranges between ₹12.8 Lakhs to ₹22 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 57 latest salaries received from various employees of SBI Capital Markets.

Experience wise SBI Capital Markets Deputy Manager salaries in Mumbai

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹16 L/yr - ₹20 L/yr
2 years (24 salaries)	₹13.2 L/yr - ₹21 L/yr
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3 years (9 salaries)	₹12.8 L/yr - ₹20 L/yr
4 years (10 salaries)	₹13 L/yr - ₹22 L/yr
5 years (9 salaries)	₹13 L/yr - ₹22 L/yr
6 years (AmbitionBox Estimate)	₹18 L/yr - ₹34.7 L/yr

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From

Deputy Manager

₹

Lakhs/yr

1 - 6 years exp.

Assistant Vice President

₹

Lakhs/yr

7 - 15 years exp.

Deputy Manager 1 - 6 years exp.

Manager 3 - 8 years exp.

43% hike

Assistant Vice President 7 - 15 years exp.

54% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in SBI Capital Markets

Relationship Manager Salary

(19 salaries)

₹2 L/yr - ₹4.05 L/yr

Salary related reviews for SBI Capital Markets

3.7

Rated by 2 employees for salary & benefits

Assistant Vice President in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Only brand name. Not good culture

Dislikes

No flexibility MD acts like headmaster of school No clear Variable pay policy. It's at discretion of management Management gives priority on cost cutting over revenue increase Too much micro management

Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Dec 2023

3.0

for Salary and Benefits

Likes

1) Fixed compensation is at par with industry standards. 2) Working hours comfortably lesser than a typical IB

Dislikes

1) Very few skill development or training programs 2) Variable pay is lesser than industry standards 3) Bureaucratic brains

Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 Dec 2022

5.0

for Salary and Benefits

Likes

1. Great worklife balance 2. Employee benefits like insurance, outings, free food, free pick up drop much more. 3. Don’t have to work after office hrs. 4. All government holidays and 42 leaves

Dislikes

Most important it’s not a sbi . It’s subsidiary of sbi only. 1. Fix time .even 1 sec of delay will be consider as loss of pay. No flexible Time. 2. No work from home. Compulsory have to be there in office . 3. Current office is at cuff parade.much travelling is involved. Proposed office is at bkc, Kurla which is worst than current office. 4. No/zero growth for business enablers group. Don’t think higher management consider business enablers as part of company. Most focus is on business teams. Pasf,Dcm etc. 5. Above 50’s staff is arrogant and never want to listen 6. No appreciation for innovation. 7.. hr policies are not employee centric. Over all its not a recommended company to join if you want to grow.

Digital Sales Specialist in Mumbai

Digital sales Department

3.0

• posted on 25 Apr 2021

2.0

for Salary and Benefits

Likes

Office environment is good. Work culture is fine. Team-mate are good and corporative.

Dislikes

... listening. Their site doesn't work properly for customers as well as employees. Salary is very low and work pressure is double and work life balance is not there.

Assistant Vice President Investment Banking in Pune

Investment banking Department

1.0

• posted on 05 Apr 2018

2.0

for Salary and Benefits

Likes

There is simply nothing to like.

Dislikes

...ets other job. This organization is worst than the full government organization. Working hours r long, zero increaments, zero bonus. Many more

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SBI Capital Markets Deputy Manager Salary FAQs

What is the salary of Deputy Manager at SBI Capital Markets Mumbai?

Deputy Manager salary at SBI Capital Markets in Mumbai ranges between ₹12.8 Lakhs to ₹22.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 116% more than the average Deputy Manager Salary in India. Salary estimates are based on 57 latest salaries received from various employees of SBI Capital Markets Mumbai.

How does the salary of a Deputy Manager at SBI Capital Markets Mumbai compare with the average salary range for this job?

The average salary of a Deputy Manager at SBI Capital Markets is 116% more than the average salary of a Deputy Manager in Mumbai. To know exact salary insights, login to view.

What is the salary of a Deputy Manager in companies similar to SBI Capital Markets in Mumbai?

Godfrey Phillips India Deputy Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Allcargo Logistics Deputy Manager Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
Axis Direct Deputy Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
Sharekhan Deputy Manager Salary - ₹4.5 Lakhs to ₹11.0 Lakhs per year
Reliance Securities Deputy Manager Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager at SBI Capital Markets in Mumbai?

The estimated take-home salary of a Deputy Manager at SBI Capital Markets ranges between ₹1,22,586 per month to ₹1,26,187 per month in Mumbai. The take-home salary calculation is based on the average SBI Capital Markets Deputy Manager salary in India which ranges between ₹12.8 Lakhs to ₹22.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at SBI Capital Markets in Mumbai?

According to AmbitionBox, 70% of the SBI Capital Markets Deputy Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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SBI Capital Markets Deputy Manager Salaries in Mumbai

SBI Capital Markets Deputy Manager salary in Mumbai ranges between ₹12.8 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 SBI Capital Markets latest salaries received from various employees of SBI Capital Markets.

SBI Capital Markets Deputy Manager salaries in Mumbai

Companies similar to SBI Capital Markets for Deputy Manager in Mumbai

Latest annual salaries shared by SBI Capital Markets Deputy Manager in Mumbai

Experience wise SBI Capital Markets Deputy Manager salaries in Mumbai

Similar Designation salaries in SBI Capital Markets

Salary related reviews for SBI Capital Markets

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SBI Capital Markets Deputy Manager Salary FAQs

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