SBI Funds Management Branch Manager Salaries by 3 Employees

10 - 13 years exp.

₹7.6 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

14% less than the average Branch Manager Salary in Financial Services Companies for 10 - 13 years of experience

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Salaries in different departments

Sales & Business Development Branch Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹10.5 L/yr

Last Updated: 17 Aug 2023

Companies similar to SBI Funds Management for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager Salary 4 - 21 years exp. (2.3k salaries)	₹5.3 L/yr - ₹23 L/yr 62% more
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.6k salaries)	₹6.6 L/yr - ₹26.7 L/yr 89% more	17 job openings
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Kotak Mahindra Bank Branch Manager Salary 8 - 20 years exp. (1k salaries)	₹7 L/yr - ₹30 L/yr 113% more	1 job opening
IndusInd Bank Branch Manager Salary 6 - 20 years exp. (1.1k salaries)	₹6 L/yr - ₹23 L/yr 68% more	120 job openings
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ICICI Prudential Life Insurance Branch Manager Salary 3 - 18 years exp. (421 salaries)	₹6.5 L/yr - ₹18.8 L/yr 53% more
Axis Bank Branch Manager Salary 7 - 23 years exp. (429 salaries)	₹6 L/yr - ₹24 L/yr 86% more	3 job openings
HDB Financial Services Branch Manager Salary 6 - 18 years exp. (297 salaries)	₹4.4 L/yr - ₹13.2 L/yr 16% more	14 job openings
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HDFC Life Branch Manager Salary 6 - 18 years exp. (259 salaries)	₹5.3 L/yr - ₹12.5 L/yr 18% more
ICICI Lombard General Insurance Company Branch Manager Salary 5 - 17 years exp. (213 salaries)	₹5 L/yr - ₹13 L/yr 13% more	4 job openings
Axis Max Life Insurance Branch Manager Salary 8 - 19 years exp. (139 salaries)	₹7 L/yr - ₹14 L/yr 29% more	1 job opening
Bajaj Allianz Life Insurance Branch Manager Salary 7 - 18 years exp. (126 salaries)	₹4.5 L/yr - ₹12.9 L/yr 4% more	17 job openings
Bajaj Finance Branch Manager Salary 4 - 12 years exp. (98 salaries)	₹3 L/yr - ₹8.9 L/yr 18% less	217 job openings
Bajaj Finserv Branch Manager Salary 3 - 9 years exp. (70 salaries)	₹3.2 L/yr - ₹8 L/yr 29% less
Standard Chartered Branch Manager Salary 11 - 17 years exp. (47 salaries)	₹15 L/yr - ₹45.9 L/yr 238% more
Udaan Branch Manager Salary 3 - 8 years exp. (10 salaries)	₹3 L/yr - ₹5.5 L/yr 40% less
Barclays Branch Manager Salary 4 - 19 years exp. (7 salaries)	₹4.6 L/yr - ₹13 L/yr 11% more

View all

Branch Manager salary at SBI Funds Management ranges between ₹7.6 Lakhs to ₹10.5 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Branch Manager salaries

Last Updated: 17 Aug 2023

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹10.5 L/yr
11 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
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12 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.5 L/yr

Similar Designation salaries in SBI Funds Management

Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Branch Incharge Salary

(3 salaries)

₹6.3 L/yr - ₹8 L/yr

Branch Head Salary

(4 salaries)

₹5 L/yr - ₹8 L/yr

Deputy Manager Salary

(37 salaries)

₹4.3 L/yr - ₹9 L/yr

Chief Manager Salary

(7 salaries)

₹12.3 L/yr - ₹24 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Operations Manager Salary

(3 salaries)

₹2.2 L/yr - ₹2.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Relationship Manager Salary

(21 salaries)

₹2.45 L/yr - ₹6 L/yr

Sales Officer Salary

(4 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Top skills at SBI Funds Management for Branch Manager

Taxation Equity Law Management Team Handling HR Distribution Branch Management Account Management Communication Skills Operations Verbal Communication Presentation Skills Resource management Sales

Salary related reviews for SBI Funds Management

1.2

Rated by 4 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 Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at SBI Funds Management in India?

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

Experience	Average Salary Range
10 years	₹3.2 Lakhs to ₹10.5 Lakhs per year
11 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
12 years	₹3.3 Lakhs to ₹10.5 Lakhs per year
13 years	₹3.3 Lakhs to ₹10.5 Lakhs per year

and so on.

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SBI Funds Management Branch Manager Salaries

SBI Funds Management Branch Manager salary in India ranges between ₹7.6 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Funds Management latest salaries received from various employees of SBI Funds Management.