SBI Funds Management Chief Manager Salaries by 6 Employees (Updated 2024)

12 - 19 years exp.

₹12.3 Lakhs - ₹24 Lakhs

Salary of majority employees

14% less than the average Chief Manager Salary in Financial Services Companies for 12 - 19 years of experience

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Salaries in different departments

Sales & Business Development Chief Manager Salary 12 - 16 years exp. (4 salaries)	₹12.3 L/yr - ₹20.5 L/yr
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Customer Success, Service & Operations Chief Manager Salary 17 - 19 years exp. (AmbitionBox Estimate)	₹18.6 L/yr - ₹24 L/yr

Last Updated: 22 Mar 2024

Companies similar to SBI Funds Management for Chief Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Chief Manager Salary 11 - 19 years exp. (34 salaries)	₹12 L/yr - ₹34 L/yr 13% more
Nippon Life India Asset Management Chief Manager Salary 6 - 20 years exp. (26 salaries)	₹20 L/yr - ₹34 L/yr 42% more
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Aditya Birla Health Insurance Co Chief Manager Salary 5 - 19 years exp. (57 salaries)	₹12 L/yr - ₹36.6 L/yr 22% more
Kotak Mahindra Asset Management Company Chief Manager Salary 7 - 22 years exp. (10 salaries)	₹17.2 L/yr - ₹47.5 L/yr 44% more
UTI Asset Management Company Chief Manager Salary 6 - 18 years exp. (8 salaries)	₹9 L/yr - ₹22 L/yr 25% less
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2k salaries)	₹12.6 L/yr - ₹37 L/yr 32% more
IndusInd Bank Chief Manager Salary 0 - 20 years exp. (1.5k salaries)	₹6 L/yr - ₹18 L/yr 42% less
Kotak Mahindra Bank Chief Manager Salary 5 - 16 years exp. (1k salaries)	₹8 L/yr - ₹28 L/yr 1% less
IDFC FIRST Bank Chief Manager Salary 5 - 20 years exp. (705 salaries)	₹11.5 L/yr - ₹36 L/yr 8% more
HDFC Life Chief Manager Salary 5 - 20 years exp. (201 salaries)	₹14 L/yr - ₹30 L/yr 22% more
ICICI Prudential Life Insurance Chief Manager Salary 7 - 23 years exp. (71 salaries)	₹14.5 L/yr - ₹40 L/yr 37% more
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HDFC Bank Chief Manager Salary 4 - 16 years exp. (18 salaries)	₹8 L/yr - ₹26 L/yr 12% less
Yes Bank Chief Manager Salary 3 - 11 years exp. (13 salaries)	₹14 L/yr - ₹35 L/yr 25% more
Axis Bank Chief Manager Salary 9 - 15 years exp. (7 salaries)	₹13 L/yr - ₹18 L/yr 7% less
TCS Chief Manager Salary 14 - 22 years exp. (4 salaries)	₹36.6 L/yr - ₹75 L/yr 214% more
Bandhan Bank Chief Manager Salary 5 - 23 years exp. (3 salaries)	₹7.5 L/yr - ₹15 L/yr 35% less
Standard Chartered Chief Manager Salary 6 - 18 years exp. (3 salaries)	₹10 L/yr - ₹18 L/yr 18% less

Chief Manager salary at SBI Funds Management ranges between ₹12.3 Lakhs to ₹24 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Chief Manager salaries

Last Updated: 22 Mar 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹30.8 L/yr
13 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
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14 years (AmbitionBox Estimate)	₹15 L/yr - ₹32.4 L/yr
15+ years (4 salaries)	₹14 L/yr - ₹24 L/yr

Similar Designation salaries in SBI Funds Management

Sales Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Branch Manager Salary

(3 salaries)

₹6.74 L/yr - ₹10.5 L/yr

Deputy Manager Salary

(41 salaries)

₹4.3 L/yr - ₹9 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

Sales Officer Salary

(4 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Area Head Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Relationship Manager Salary

(20 salaries)

₹2.45 L/yr - ₹6 L/yr

Branch Incharge Salary

(3 salaries)

₹6.3 L/yr - ₹8 L/yr

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.

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

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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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Funds Management Chief Manager Salary FAQs

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

Chief Manager salary at SBI Funds Management in India ranges between ₹12.3 Lakhs to ₹24.0 Lakhs for experience between 12 years to 19 years. According to our estimates it is 14% less than the average Chief Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of SBI Funds Management India.

How does the salary of a Chief Manager at SBI Funds Management India compare with the average salary range for this job?

The average salary of a Chief Manager at SBI Funds Management is 14% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Funds Management to a Chief Manager in India?

TCS Chief Manager Salary - ₹36.6 Lakhs to ₹75.0 Lakhs per year
Kotak Mahindra Asset Management Company Chief Manager Salary - ₹17.2 Lakhs to ₹47.5 Lakhs per year
Nippon Life India Asset Management Chief Manager Salary - ₹20.0 Lakhs to ₹34.0 Lakhs per year
ICICI Prudential Life Insurance Chief Manager Salary - ₹14.5 Lakhs to ₹40.0 Lakhs per year
ICICI Bank Chief Manager Salary - ₹12.6 Lakhs to ₹37.0 Lakhs per year

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

Yes Bank Chief Manager Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year
HDFC Life Chief Manager Salary - ₹14.0 Lakhs to ₹30.0 Lakhs per year
Aditya Birla Health Insurance Co Chief Manager Salary - ₹12.0 Lakhs to ₹36.6 Lakhs per year
HDFC Asset Management Company Chief Manager Salary - ₹12.0 Lakhs to ₹34.0 Lakhs per year
IDFC FIRST Bank Chief Manager Salary - ₹11.5 Lakhs to ₹36.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at SBI Funds Management ranges between ₹1,24,441 per month to ₹1,28,290 per month in India. The take-home salary calculation is based on the average SBI Funds Management Chief Manager salary in India which ranges between ₹12.3 Lakhs to ₹24.0 Lakhs per year for employees with experience between 12 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at SBI Funds Management?

According to AmbitionBox, 100% of the SBI Funds Management Chief Managers reported a notice period of 3 Months.This is based on 9 responses on AmbitionBox in last 2 years.

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SBI Funds Management Chief Manager Salaries

SBI Funds Management Chief Manager salary in India ranges between ₹12.3 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI Funds Management latest salaries received from various employees of SBI Funds Management.