SBI Funds Management Branch Head Salaries by 4 Employees

5 - 11 years exp.

₹5 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

36% less than the average Branch Head Salary in Financial Services Companies for 5 - 11 years of experience

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Last Updated: 31 Jul 2024

Companies similar to SBI Funds Management for Branch Head

Company name	Avg Annual Salary	Open Jobs
Axis Bank Branch Head Salary 9 - 24 years exp. (894 salaries)	₹7.2 L/yr - ₹24 L/yr 130% more	9 job openings
IndusInd Bank Branch Head Salary 4 - 19 years exp. (511 salaries)	₹3.8 L/yr - ₹16 L/yr 37% more
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Bandhan Bank Branch Head Salary 10 - 20 years exp. (441 salaries)	₹6 L/yr - ₹21.8 L/yr 99% more
HDFC Bank Branch Head Salary 9 - 22 years exp. (344 salaries)	₹7.5 L/yr - ₹28.1 L/yr 140% more
ICICI Bank Branch Head Salary 8 - 19 years exp. (293 salaries)	₹6.2 L/yr - ₹21.9 L/yr 106% more
Kotak Mahindra Bank Branch Head Salary 8 - 18 years exp. (277 salaries)	₹6.3 L/yr - ₹23 L/yr 116% more
Yes Bank Branch Head Salary 7 - 21 years exp. (211 salaries)	₹6.3 L/yr - ₹25.6 L/yr 124% more
HDFC Life Branch Head Salary 5 - 18 years exp. (167 salaries)	₹5.5 L/yr - ₹12 L/yr 33% more	1 job opening
IDFC FIRST Bank Branch Head Salary 9 - 17 years exp. (138 salaries)	₹7.3 L/yr - ₹27 L/yr 135% more
AU Small Finance Bank Branch Head Salary 10 - 19 years exp. (70 salaries)	₹5.9 L/yr - ₹20 L/yr 92% more
HDB Financial Services Branch Head Salary 7 - 18 years exp. (46 salaries)	₹4.5 L/yr - ₹13.5 L/yr 45% more
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ICICI Prudential Life Insurance Branch Head Salary 9 - 18 years exp. (37 salaries)	₹5.6 L/yr - ₹15.5 L/yr 61% more
Bajaj Allianz Life Insurance Branch Head Salary 8 - 17 years exp. (32 salaries)	₹6 L/yr - ₹13 L/yr 25% more	2 job openings
Axis Max Life Insurance Branch Head Salary 11 - 20 years exp. (21 salaries)	₹9 L/yr - ₹17 L/yr 83% more
ICICI Lombard General Insurance Company Branch Head Salary 7 - 16 years exp. (14 salaries)	₹8 L/yr - ₹9 L/yr 22% more
Bajaj Finserv Branch Head Salary 5 - 10 years exp. (8 salaries)	₹2.5 L/yr - ₹5.5 L/yr 34% less
Bajaj Finance Branch Head Salary 2 - 10 years exp. (6 salaries)	₹2.7 L/yr - ₹7 L/yr 26% less
Standard Chartered Branch Head Salary 19 - 23 years exp. (5 salaries)	₹31.5 L/yr - ₹46 L/yr 357% more
Deutsche Bank Branch Head Salary 1 - 14 years exp. (4 salaries)	₹12 L/yr - ₹22.5 L/yr 149% more	1 job opening
TCS Branch Head Salary 5 - 15 years exp. (3 salaries)	₹16 L/yr - ₹35 L/yr 268% more

Branch Head salary at SBI Funds Management ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Branch Head salaries

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
9 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

View all

Similar Designation salaries in SBI Funds Management

Area Head Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Branch Manager Salary

(3 salaries)

₹7.6 L/yr - ₹10.5 L/yr

Branch Incharge Salary

(3 salaries)

₹6.3 L/yr - ₹8 L/yr

Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Sales Officer Salary

(4 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Deputy Manager Salary

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₹4.3 L/yr - ₹9 L/yr

Chief Manager Salary

(7 salaries)

₹12.3 L/yr - ₹24 L/yr

Sales Executive Salary

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₹2 L/yr - ₹3.5 L/yr

Operations Manager Salary

(3 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Top skills at SBI Funds Management for Branch Head

Law Team Handling Distribution Team Motivation Communication Skills Verbal Communication Presentation Skills Business Development Heading Branch Taxation Sales Branch Sales NISM channel Mutual Funds Sales

Salary related reviews for SBI Funds Management

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 Branch Head Salary FAQs

What is the salary of Branch Head at SBI Funds Management ?

The average salary of a Branch Head at SBI Funds Management in India typically ranges from ₹5.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Branch Head at SBI Funds Management earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Branch Head 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 4 SBI Funds Management employees in India.

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

The estimated take-home salary of a Branch Head at SBI Funds Management in India typically ranges from ₹52,002 to ₹54,343 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 5 years to 11 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 4 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 Branch Head at SBI Funds Management ?

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

- Law
- Team Handling
- Distribution
- Team Motivation
- Communication Skills

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 Branch Head in India?

Standard Chartered	₹31.5 Lakhs to ₹46.0 Lakhs per year
TCS	₹16.0 Lakhs to ₹35.0 Lakhs per year
Deutsche Bank	₹12.0 Lakhs to ₹22.5 Lakhs per year
HDFC Bank	₹7.5 Lakhs to ₹28.1 Lakhs per year
IDFC FIRST Bank	₹7.3 Lakhs to ₹27.0 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 Branch Head in companies similar to SBI Funds Management in India?

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

Axis Bank	₹7.2 Lakhs to ₹24.0 Lakhs per year
Yes Bank	₹6.3 Lakhs to ₹25.6 Lakhs per year
Kotak Mahindra Bank	₹6.3 Lakhs to ₹23.0 Lakhs per year
ICICI Bank	₹6.2 Lakhs to ₹21.9 Lakhs per year
Bandhan Bank	₹6.0 Lakhs to ₹21.8 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 Branch Head at SBI Funds Management in India?

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

Experience	Average Salary Range
5 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
6 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
7 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
8 years	₹6.3 Lakhs to ₹8.0 Lakhs per year

and so on.

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SBI Funds Management Branch Head Salaries

SBI Funds Management Branch Head salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Funds Management latest salaries received from various employees of SBI Funds Management.