SBI Funds Management Deputy Manager Salaries by 30+ Employees (Updated 2025)

5 - 12 years exp.

₹4.3 Lakhs - ₹9 Lakhs

Salary of majority employees

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34% less than the average Deputy Manager Salary in Financial Services Companies for 5 - 12 years of experience

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Salaries in different departments

Sales & Business Development Deputy Manager Salary 5 - 12 years exp. (14 salaries)	Unlock ₹4.4 L/yr - ₹7.9 L/yr
Customer Success, Service & Operations Deputy Manager Salary 5 - 12 years exp. (7 salaries)	Unlock ₹6.2 L/yr - ₹8 L/yr
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BFSI, Investments & Trading Deputy Manager Salary 6 - 12 years exp. (5 salaries)	Unlock ₹6.2 L/yr - ₹7.7 L/yr
Finance & Accounting Deputy Manager Salary 6 - 8 years exp. (3 salaries)	Unlock ₹5.1 L/yr - ₹6 L/yr
Marketing & Communication Deputy Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹5.5 L/yr

Last Updated: 4 Mar 2025

Companies similar to SBI Funds Management for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Asset Management Company Deputy Manager Salary 0 - 12 years exp. (5 salaries)	Unlock ₹4.4 L/yr - ₹6.5 L/yr 15% less
ICICI Prudential Mutual Fund Deputy Manager Salary 1 - 10 years exp. (329 salaries)	Unlock ₹5 L/yr - ₹14.3 L/yr 41% more
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Nippon Life India Asset Management Deputy Manager Salary 6 - 11 years exp. (45 salaries)	Unlock ₹4.5 L/yr - ₹11.7 L/yr 20% more	2 job openings
Aditya Birla Health Insurance Co Deputy Manager Salary 4 - 11 years exp. (229 salaries)	Unlock ₹4 L/yr - ₹12.6 L/yr 24% more
Kotak Mahindra Asset Management Company Deputy Manager Salary 3 - 10 years exp. (83 salaries)	Unlock ₹4.1 L/yr - ₹11 L/yr 6% more
Axis Asset Management Company Deputy Manager Salary 1 - 10 years exp. (48 salaries)	Unlock ₹4.8 L/yr - ₹13.2 L/yr 47% more
Franklin Templeton Investments Deputy Manager Salary 8 - 16 years exp. (78 salaries)	Unlock ₹8.3 L/yr - ₹20 L/yr 139% more
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	Unlock ₹2.5 L/yr - ₹11 L/yr 1% more
HDFC Bank Deputy Manager Salary 0 - 13 years exp. (15.1k salaries)	Unlock ₹2 L/yr - ₹8.4 L/yr 8% less
Kotak Mahindra Bank Deputy Manager Salary 0 - 13 years exp. (11.3k salaries)	Unlock ₹1.7 L/yr - ₹8.5 L/yr 21% less
Axis Bank Deputy Manager Salary 0 - 14 years exp. (10.5k salaries)	Unlock ₹2 L/yr - ₹9 L/yr 2% less
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IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (3.6k salaries)	Unlock ₹1.7 L/yr - ₹8.5 L/yr 23% less
Yes Bank Deputy Manager Salary 0 - 13 years exp. (3.1k salaries)	Unlock ₹2.3 L/yr - ₹9 L/yr 9% less
IDFC FIRST Bank Deputy Manager Salary 0 - 11 years exp. (2.4k salaries)	Unlock ₹2.2 L/yr - ₹9.5 L/yr 14% less	1 job opening
AU Small Finance Bank Deputy Manager Salary 0 - 12 years exp. (986 salaries)	Unlock ₹1.8 L/yr - ₹8.5 L/yr 14% less	2 job openings
HDFC Life Deputy Manager Salary 2 - 15 years exp. (731 salaries)	Unlock ₹3.5 L/yr - ₹12.1 L/yr 25% more
Bajaj Finserv Deputy Manager Salary 0 - 9 years exp. (450 salaries)	Unlock ₹2.9 L/yr - ₹9.5 L/yr 19% less
IBM Deputy Manager Salary 8 - 17 years exp. (314 salaries)	Unlock ₹6.7 L/yr - ₹14.5 L/yr 74% more	8 job openings
HDB Financial Services Deputy Manager Salary 5 - 14 years exp. (95 salaries)	Unlock ₹3.3 L/yr - ₹9.5 L/yr 1% more
TCS Deputy Manager Salary 4 - 16 years exp. (57 salaries)	Unlock ₹6.2 L/yr - ₹23.2 L/yr 105% more

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Deputy Manager salary at SBI Funds Management ranges between ₹4.3 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 37 latest salaries received from various employees of SBI Funds Management.

Latest annual salaries shared by SBI Funds Management Deputy Manager

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8 years exp.

1w ago

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12 years exp.

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5 years exp.

4mo ago

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12 years exp.

4mo ago

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10 years exp.

4mo ago

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8 years exp.

5mo ago

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8 years exp.

6mo ago

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5 years exp.

8mo ago

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7 years exp.

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7 years exp.

Experience wise SBI Funds Management Deputy Manager salaries

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
5 years (4 salaries)	Unlock ₹4.3 L/yr - ₹7.9 L/yr
6 years (4 salaries)	Unlock ₹4.8 L/yr - ₹8 L/yr
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7 years (10 salaries)	Unlock ₹4.4 L/yr - ₹8 L/yr
8 years (7 salaries)	Unlock ₹4.5 L/yr - ₹8.6 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹7.8 L/yr
10 years (5 salaries)	Unlock ₹4.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹11.5 L/yr
12 years (5 salaries)	Unlock ₹2.6 L/yr - ₹9 L/yr

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Similar Designation salaries in SBI Funds Management

Team Manager Salary

(AmbitionBox Estimate)

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₹1.1 L/yr - ₹1.4 L/yr

Branch Manager Salary

(3 salaries)

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₹6.74 L/yr - ₹10.5 L/yr

Operations Manager Salary

(3 salaries)

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₹2.2 L/yr - ₹2.5 L/yr

Relationship Manager Salary

(23 salaries)

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₹2.45 L/yr - ₹6 L/yr

Operations Executive Salary

(6 salaries)

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₹1.15 L/yr - ₹3 L/yr

Assistant Vice President Salary

(6 salaries)

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₹20.5 L/yr - ₹45 L/yr

Top skills at SBI Funds Management for Deputy Manager

Reconciliation Portfolio Management Cash Management

Salary related reviews for SBI Funds Management

3.9

Rated by 7 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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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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SBI Funds Management Deputy Manager Salary FAQs

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

Deputy Manager salary at SBI Funds Management in India ranges between ₹4.3 Lakhs to ₹9.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 34% less than the average Deputy Manager Salary in India. Salary estimates are based on 37 latest salaries received from various employees of SBI Funds Management India.

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

The average salary of a Deputy Manager at SBI Funds Management is 34% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Manager at SBI Funds Management?

Reconciliation, Portfolio Management and Cash Management are some of the popular skills required to work as a Deputy Manager at SBI Funds Management India.

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

Franklin Templeton Investments Deputy Manager Salary - ₹8.3 Lakhs to ₹20.0 Lakhs per year
Bank of America Deputy Manager Salary - ₹7.0 Lakhs to ₹20.2 Lakhs per year
TCS Deputy Manager Salary - ₹6.2 Lakhs to ₹23.2 Lakhs per year
Infosys BPM Deputy Manager Salary - ₹8.4 Lakhs to ₹18.0 Lakhs per year
Genpact Deputy Manager Salary - ₹5.8 Lakhs to ₹14.1 Lakhs per year

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

IBM Deputy Manager Salary - ₹6.7 Lakhs to ₹14.5 Lakhs per year
Axis Asset Management Company Deputy Manager Salary - ₹4.8 Lakhs to ₹13.2 Lakhs per year
ICICI Prudential Mutual Fund Deputy Manager Salary - ₹5.0 Lakhs to ₹14.3 Lakhs per year
HDFC Life Deputy Manager Salary - ₹3.5 Lakhs to ₹12.1 Lakhs per year
Aditya Birla Health Insurance Co Deputy Manager Salary - ₹4.0 Lakhs to ₹12.6 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at SBI Funds Management ranges between ₹48,475 per month to ₹49,621 per month in India. The take-home salary calculation is based on the average SBI Funds Management Deputy Manager salary in India which ranges between ₹4.3 Lakhs to ₹9.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 96% of the SBI Funds Management Deputy Managers reported a notice period of 3 Months, 4% reported a notice period of 1 Month.This is based on 25 responses on AmbitionBox in last 2 years.

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SBI Funds Management Deputy Manager Salaries

SBI Funds Management Deputy Manager salary in India ranges between ₹4.3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 SBI Funds Management latest salaries received from various employees of SBI Funds Management.