SBI Capital Markets Mumbai Manager Salaries by 100+ Employees (Updated 2025)

3 - 8 years exp.

₹13.5 Lakhs - ₹40 Lakhs

Salary of majority employees

Fixed (86%)

₹22.3 Lakhs

Variable (14%)

₹3.5 Lakhs

56% more than the average Manager Salary for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 3 - 8 years exp. (43 salaries)	₹13.5 L/yr - ₹40 L/yr
Finance & Accounting Manager Salary 3 - 8 years exp. (11 salaries)	₹19 L/yr - ₹31.5 L/yr
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Consulting Manager Salary 3 - 7 years exp. (5 salaries)	₹16.2 L/yr - ₹28.8 L/yr
Strategic & Top Management Manager Salary 6 - 8 years exp. (3 salaries)	₹22 L/yr - ₹35 L/yr

Last Updated: 8 Feb 2025

Companies similar to SBI Capital Markets for Manager in Mumbai

SBI Capital Markets Manager Salary

3 - 8 years exp. (102 salaries)

₹13.5 L/yr - ₹40 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Manager Salary 1 - 11 years exp. (127 salaries)	₹4.2 L/yr - ₹11.7 L/yr 72% less
AXIS Capital Manager Salary 1 - 8 years exp. (8 salaries)	₹15 L/yr - ₹24 L/yr 25% less
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Edelweiss Manager Salary 3 - 14 years exp. (231 salaries)	₹5.1 L/yr - ₹21 L/yr 52% less
HDFC Bank Manager Salary 0 - 19 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 62% less
Yes Bank Manager Salary 0 - 17 years exp. (910 salaries)	₹4.3 L/yr - ₹16 L/yr 65% less
IndusInd Bank Manager Salary 0 - 17 years exp. (625 salaries)	₹3 L/yr - ₹13.5 L/yr 70% less
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (490 salaries)	₹3.7 L/yr - ₹15 L/yr 67% less
Motilal Oswal Financial Services Manager Salary 4 - 13 years exp. (186 salaries)	₹4 L/yr - ₹14.6 L/yr 67% less
JM Financial Manager Salary 4 - 14 years exp. (29 salaries)	₹4 L/yr - ₹11.3 L/yr 69% less
Kotak Securities Manager Salary 0 - 16 years exp. (229 salaries)	₹3.3 L/yr - ₹12 L/yr 69% less
Angel One Manager Salary 5 - 17 years exp. (59 salaries)	₹3.9 L/yr - ₹15 L/yr 66% less
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HDFC Securities Manager Salary 7 - 16 years exp. (53 salaries)	₹5.5 L/yr - ₹14.4 L/yr 57% less
Axis Direct Manager Salary 4 - 16 years exp. (45 salaries)	₹5 L/yr - ₹15.6 L/yr 54% less
Sharekhan Manager Salary 2 - 14 years exp. (22 salaries)	₹5 L/yr - ₹18 L/yr 59% less
Allcargo Logistics Manager Salary 4 - 17 years exp. (19 salaries)	₹9 L/yr - ₹27 L/yr 33% less
Reliance Securities Manager Salary 7 - 14 years exp. (16 salaries)	₹6.5 L/yr - ₹11.5 L/yr 64% less
Karvy Innotech Manager Salary 14 - 16 years exp. (4 salaries)	₹6 L/yr - ₹19.3 L/yr 46% less
Sintex-bapl Manager Salary 10 - 12 years exp. (3 salaries)	₹12 L/yr - ₹14 L/yr 53% less
Karvy Stock Broking Manager Salary 4 - 15 years exp. (3 salaries)	₹4 L/yr - ₹7.8 L/yr 78% less

Manager salary at SBI Capital Markets ranges between ₹13.5 Lakhs to ₹40 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 102 latest salaries received from various employees of SBI Capital Markets.

Experience wise SBI Capital Markets Manager salaries in Mumbai

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
3 years (13 salaries)	₹16 L/yr - ₹39.6 L/yr
4 years (17 salaries)	₹16 L/yr - ₹33 L/yr
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5 years (22 salaries)	₹13.5 L/yr - ₹34 L/yr
6 years (25 salaries)	₹16.2 L/yr - ₹35 L/yr
7 years (17 salaries)	₹16.3 L/yr - ₹40 L/yr
8 years (8 salaries)	₹17 L/yr - ₹35.3 L/yr

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From

Manager

3 - 8 years exp.

Assistant Vice President

₹

Lakhs/yr

7 - 15 years exp.

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

Deputy Manager Salary

(57 salaries)

₹12.75 L/yr - ₹22 L/yr

Assistant Vice President Salary

(54 salaries)

₹19 L/yr - ₹50 L/yr

Top skills at SBI Capital Markets for Manager

Debt Market Corporate Structured Finance Financial Statement Analysis Software Configuration Management

Salary related reviews for SBI Capital Markets

3.4

Rated by 9 employees for salary & benefits

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

Salary - Excellent

+2 more

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.

Skill development - Bad

+3 more

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

Job security - Good

+1 more

Dislikes

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

Skill development - Poor

+2 more

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.

Salary - Poor

+4 more

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

Salary - Poor

+6 more

Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 14 Oct 2024

3.0

for Salary and Benefits

Likes

Learning is good at an initial level. Exposure is high. You get to work on deals end to end.

Skill development - Good

+1 more

Dislikes

Pathetic work culture Old school top mgmt. Senior mgmt and immediate bosses not bothered about your personal life Their expectations are all immediate, Managers don't care about work timings and off days Terrible HR policies, 0 flexibility to WFH even in dire situations one needs to come to office, Rigid office timings with no flexibility to come early or leave early resulting in enormous travel times Pathetic leave policy for the first 2 years.

Promotions - Poor

+2 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Capital Markets Manager Salary FAQs

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

Manager salary at SBI Capital Markets in Mumbai ranges between ₹13.5 Lakhs to ₹40.0 Lakhs for experience between 3 years to 8 years. According to our estimates it is 56% more than the average Manager Salary in India. Salary estimates are based on 102 latest salaries received from various employees of SBI Capital Markets Mumbai.

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

The average salary of a Manager at SBI Capital Markets is 56% more than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at SBI Capital Markets?

Debt Market, Corporate, Structured Finance, Financial Statement Analysis and Software Configuration Management are some of the popular skills required to work as a Manager at SBI Capital Markets Mumbai.

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

AXIS Capital Manager Salary - ₹15.0 Lakhs to ₹24.0 Lakhs per year
Allcargo Logistics Manager Salary - ₹9.0 Lakhs to ₹27.0 Lakhs per year
Karvy Innotech Manager Salary - ₹6.0 Lakhs to ₹19.3 Lakhs per year
Edelweiss Manager Salary - ₹5.1 Lakhs to ₹21.0 Lakhs per year
Sintex-bapl Manager Salary - ₹12.0 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Manager at SBI Capital Markets ranges between ₹1,62,502 per month to ₹1,68,713 per month in Mumbai. The take-home salary calculation is based on the average SBI Capital Markets Manager salary in India which ranges between ₹13.5 Lakhs to ₹40.0 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 78% of the SBI Capital Markets Managers in Mumbai reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

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SBI Capital Markets Manager Salaries in Mumbai

SBI Capital Markets Manager salary in Mumbai ranges between ₹13.5 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 102 SBI Capital Markets latest salaries received from various employees of SBI Capital Markets.