SBI Funds Management Assistant Manager Salaries by 70+ Employees

2 - 8 years exp.

₹3.5 Lakhs - ₹7.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Assistant Manager Salary in Financial Services Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 2 - 8 years exp. (20 salaries)	₹3.9 L/yr - ₹7.8 L/yr
BFSI, Investments & Trading Assistant Manager Salary 2 - 7 years exp. (11 salaries)	₹3.8 L/yr - ₹7 L/yr
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Marketing & Communication Assistant Manager Salary 2 - 8 years exp. (10 salaries)	₹4.5 L/yr - ₹7 L/yr
Sales & Business Development Assistant Manager Salary 3 - 7 years exp. (10 salaries)	₹3.5 L/yr - ₹7.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 4 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹7.3 L/yr

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Last Updated: 29 Dec 2024

Companies similar to SBI Funds Management for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Genpact Assistant Manager Salary 0 - 18 years exp. (20.4k salaries)	₹4 L/yr - ₹14.6 L/yr 77% more	11 job openings
Axis Bank Assistant Manager Salary 0 - 10 years exp. (14.9k salaries)	₹1.8 L/yr - ₹6.5 L/yr 25% less	1 job opening
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Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1.3 L/yr - ₹5 L/yr 35% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 25% less
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	₹1.8 L/yr - ₹7.3 L/yr 30% less
TCS Assistant Manager Salary 4 - 20 years exp. (7.4k salaries)	₹6 L/yr - ₹16.9 L/yr 94% more
Yes Bank Assistant Manager Salary 0 - 11 years exp. (3.4k salaries)	₹2 L/yr - ₹6.7 L/yr 18% less	1 job opening
Bandhan Bank Assistant Manager Salary 0 - 12 years exp. (2.3k salaries)	₹1.9 L/yr - ₹5.7 L/yr 30% less
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (2.3k salaries)	₹1.5 L/yr - ₹6.3 L/yr 29% less
Bank of America Assistant Manager Salary 2 - 18 years exp. (1.9k salaries)	₹7 L/yr - ₹26 L/yr 208% more	7 job openings
Infosys BPM Assistant Manager Salary 6 - 18 years exp. (1.6k salaries)	₹4 L/yr - ₹15 L/yr 58% more
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IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹2.1 L/yr - ₹7.1 L/yr 11% less
Bajaj Finance Assistant Manager Salary 0 - 11 years exp. (1.4k salaries)	₹1.5 L/yr - ₹8 L/yr 15% less	306 job openings
AU Small Finance Bank Assistant Manager Salary 0 - 12 years exp. (1.3k salaries)	₹1.8 L/yr - ₹8.4 L/yr 13% less
Bajaj Finserv Assistant Manager Salary 0 - 9 years exp. (1.3k salaries)	₹1.8 L/yr - ₹6.7 L/yr 19% less
Ashok Leyland Assistant Manager Salary 4 - 13 years exp. (1.1k salaries)	₹4.4 L/yr - ₹12 L/yr 52% more
Barclays Assistant Manager Salary 2 - 15 years exp. (1k salaries)	₹7.2 L/yr - ₹25 L/yr 172% more
Standard Chartered Assistant Manager Salary 3 - 18 years exp. (885 salaries)	₹5.2 L/yr - ₹18 L/yr 118% more
IBM Assistant Manager Salary 5 - 17 years exp. (747 salaries)	₹4 L/yr - ₹17 L/yr 74% more	1 job opening
Axis Max Life Insurance Assistant Manager Salary 0 - 10 years exp. (645 salaries)	₹2 L/yr - ₹7.5 L/yr 22% less	22 job openings

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Assistant Manager salary at SBI Funds Management ranges between ₹3.5 Lakhs to ₹7.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 73 latest salaries received from various employees of SBI Funds Management.

Latest annual salaries shared by SBI Funds Management Assistant Manager

2mo ago

₹5 Lakhs

8 years exp.

5mo ago

₹7 Lakhs

2 years exp.

6mo ago

₹4.5 Lakhs

7 years exp.

6mo ago

₹5 Lakhs

6 years exp.

6mo ago

₹7.2 Lakhs

8 years exp.

8mo ago

6 years exp.

8mo ago

6 years exp.

9mo ago

5 years exp.

10mo ago

4 years exp.

10mo ago

5 years exp.

Experience wise SBI Funds Management Assistant Manager salaries

Last Updated: 29 Dec 2024

Experience	Avg Annual Salary
2 years (8 salaries)	₹4.8 L/yr - ₹7 L/yr
3 years (16 salaries)	₹3.5 L/yr - ₹6 L/yr
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4 years (16 salaries)	₹3.5 L/yr - ₹7.2 L/yr
5 years (11 salaries)	₹4.2 L/yr - ₹7.3 L/yr
6 years (10 salaries)	₹4.5 L/yr - ₹7.8 L/yr
7 years (5 salaries)	₹4.5 L/yr - ₹6.5 L/yr
8 years (7 salaries)	₹4.3 L/yr - ₹7.2 L/yr

View all

Similar Designation salaries in SBI Funds Management

Operations Manager Salary

(3 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Branch Manager Salary

(3 salaries)

₹7.6 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(37 salaries)

₹4.3 L/yr - ₹9 L/yr

Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Relationship Manager Salary

(21 salaries)

₹2.45 L/yr - ₹6 L/yr

Senior Officer Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Operations Executive Salary

(6 salaries)

₹1.15 L/yr - ₹3 L/yr

Customer Care Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Top skills at SBI Funds Management for Assistant Manager

Channel Sales Taxation Relationship Building Channel Development Law

Salary related reviews for SBI Funds Management

3.5

Rated by 10 employees for salary & benefits

Assistant Manager in Mumbai

Full Time

Risk Management & Compliance Department

2.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

Apart from other teams sympathizing with you, there is nothing worth it in this place. If you want to survive without issues make sure you come with a reference. If you are a person who won't butter the seniors even if they are being unreasonable and can be happy even if others make fun of you and if you think you don't need to be like a fish market and just work bcoz your work will speak for you, never join this place its typical SBI, unless you are old and don't want to work and just survive doing the bare minimum and licking the bosses boots this is the place for you.

Dislikes

everything, if you are not a Bose is always right even if the Bose is stupid, you will suffer greatly, the HRs are so not there to even provide 10% help to employees. I suffer for a year had to work without confirmation and no benefits all because I don't show my face to the head of our dept. 6 times a day and say good morning and good evening ma'am I am leaving for the day or I will not be coming tomorrow maam coz xyz reason, despite the fact I literay have no work with the HOD and my immediate reporting manager is updated yet the all coz I wasnt able to satisfy the ego of the HOD had to be exploited with less salary and no confirmtion for a year.

Salary - Poor

+6 more

Assistant Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 15 Apr 2023

3.0

for Salary and Benefits

Likes

Management is looking to grow with fast pace In this financial year they are targeting to reach 10 lakh crore AUM...with that view they working and making us working which is the good thing

Skill development - Excellent

+5 more

Dislikes

Nothing particular dislikes. But one thing I would like to say is when Boss is Good every thing will be good in this job but when superior is the person whom we cant bear job will be terrible thing. In that sense im the lucky one to have sportive person's.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Funds Management Assistant Manager Salary FAQs

What is the salary of Assistant Manager at SBI Funds Management ?

The average salary of a Assistant Manager at SBI Funds Management in India typically ranges from ₹3.5 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Assistant Manager at SBI Funds Management earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Assistant Manager Salaries at SBI Funds Management 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 70+ SBI Funds Management employees in India.

What is the estimated take home salary of a Assistant Manager at SBI Funds Management in India?

The estimated take-home salary of a Assistant Manager at SBI Funds Management in India typically ranges from ₹41,103 to ₹42,252 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 2 years to 8 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 70+ salaries received from various employees of SBI Funds Management. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at SBI Funds Management ?

To be a Assistant Manager at SBI Funds Management in india, the key skills required include:

- Channel Sales
- Taxation
- Relationship Building
- Channel Development
- Law

These skills are highly valued at SBI Funds Management and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Funds Management for Assistant Manager in India?

Synechron	₹8.9 Lakhs to ₹33.5 Lakhs per year
Bank of America	₹7.0 Lakhs to ₹26.0 Lakhs per year
S&P Global	₹6.1 Lakhs to ₹25.0 Lakhs per year
Barclays	₹7.2 Lakhs to ₹25.0 Lakhs per year
Mphasis	₹5.3 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Funds Management, depending on the role and experience level.

What is the salary of a Assistant Manager in companies similar to SBI Funds Management in India?

The salary of a Assistant Manager at companies similar to SBI Funds Management in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹5.2 Lakhs to ₹18.0 Lakhs per year
TCS	₹6.0 Lakhs to ₹16.9 Lakhs per year
Genpact	₹4.0 Lakhs to ₹14.6 Lakhs per year
IBM	₹4.0 Lakhs to ₹17.0 Lakhs per year
Deutsche Bank	₹3.8 Lakhs to ₹13.6 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 Assistant Manager at SBI Funds Management in India?

The salary growth for a Assistant Manager at SBI Funds Management depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at SBI Funds Management:

Experience	Average Salary Range
2 years	₹4.8 Lakhs to ₹7.0 Lakhs per year
3 years	₹3.5 Lakhs to ₹6.0 Lakhs per year
4 years	₹3.5 Lakhs to ₹7.2 Lakhs per year
5 years	₹4.2 Lakhs to ₹7.3 Lakhs per year

and so on.

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SBI Funds Management Assistant Manager Salaries

SBI Funds Management Assistant Manager salary in India ranges between ₹3.5 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 73 SBI Funds Management latest salaries received from various employees of SBI Funds Management.