SBI Funds Management Sales Manager Salaries by 3 Employees

5 - 11 years exp.

₹6.8 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

22% more than the average Sales Manager Salary in Financial Services Companies for 5 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Sales Manager Salary 11 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.4 L/yr
Marketing & Communication Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr
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Sales & Business Development Sales Manager Salary 9 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 24 Mar 2024

Companies similar to SBI Funds Management for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager Salary 0 - 16 years exp. (4.3k salaries)	₹2.8 L/yr - ₹12 L/yr 16% less	3 job openings
Axis Bank Sales Manager Salary 0 - 16 years exp. (3k salaries)	₹3 L/yr - ₹13 L/yr 12% less	2 job openings
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HDB Financial Services Sales Manager Salary 0 - 14 years exp. (1.1k salaries)	₹1 L/yr - ₹6.5 L/yr 57% less	14 job openings
Bajaj Finserv Sales Manager Salary 0 - 10 years exp. (1k salaries)	₹1.4 L/yr - ₹9.6 L/yr 36% less
IDFC FIRST Bank Sales Manager Salary 0 - 12 years exp. (991 salaries)	₹2.2 L/yr - ₹10 L/yr 25% less	3 job openings
ICICI Prudential Life Insurance Sales Manager Salary 0 - 12 years exp. (958 salaries)	₹2.5 L/yr - ₹11 L/yr 20% less	25 job openings
Bajaj Finance Sales Manager Salary 0 - 10 years exp. (819 salaries)	₹1.1 L/yr - ₹8.5 L/yr 38% less	1 job opening
Kotak Mahindra Bank Sales Manager Salary 1 - 12 years exp. (761 salaries)	₹2.3 L/yr - ₹11.5 L/yr 25% less
Yes Bank Sales Manager Salary 1 - 14 years exp. (748 salaries)	₹2.4 L/yr - ₹11 L/yr 20% less	1 job opening
HDFC Life Sales Manager Salary 0 - 11 years exp. (698 salaries)	₹1.1 L/yr - ₹7.5 L/yr 44% less	4 job openings
Axis Max Life Insurance Sales Manager Salary 0 - 10 years exp. (617 salaries)	₹2.7 L/yr - ₹6.2 L/yr 47% less	2 job openings
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ICICI Bank Sales Manager Salary 0 - 15 years exp. (594 salaries)	₹1.8 L/yr - ₹11 L/yr 24% less
ICICI Lombard General Insurance Company Sales Manager Salary 1 - 14 years exp. (570 salaries)	₹2 L/yr - ₹11.3 L/yr 23% less	1 job opening
IndusInd Bank Sales Manager Salary 2 - 12 years exp. (410 salaries)	₹2 L/yr - ₹11 L/yr 23% less	49 job openings
Deutsche Bank Sales Manager Salary 1 - 9 years exp. (340 salaries)	₹3 L/yr - ₹10 L/yr 21% less	22 job openings
Bandhan Bank Sales Manager Salary 2 - 11 years exp. (206 salaries)	₹2.2 L/yr - ₹11 L/yr 29% less
Bajaj Allianz Life Insurance Sales Manager Salary 0 - 8 years exp. (208 salaries)	₹1.9 L/yr - ₹7 L/yr 60% less	18 job openings
AU Small Finance Bank Sales Manager Salary 1 - 11 years exp. (188 salaries)	₹2 L/yr - ₹10.7 L/yr 30% less
Udaan Sales Manager Salary 1 - 10 years exp. (61 salaries)	₹1.8 L/yr - ₹8 L/yr 55% less
Standard Chartered Sales Manager Salary 3 - 14 years exp. (62 salaries)	₹4.3 L/yr - ₹15.3 L/yr 3% more

View all

Sales Manager salary at SBI Funds Management ranges between ₹6.8 Lakhs to ₹10 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Sales Manager salaries

Last Updated: 24 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
9 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr

Similar Designation salaries in SBI Funds Management

Branch Manager Salary

(3 salaries)

₹7.6 L/yr - ₹10.5 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

Deputy Manager Salary

(37 salaries)

₹4.3 L/yr - ₹9 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.5 L/yr

Sales Executive Salary

(8 salaries)

₹2 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Relationship Manager Salary

(21 salaries)

₹2.45 L/yr - ₹6 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 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.

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 Sales Manager Salary FAQs

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

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

Experience	Average Salary Range
5 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
9 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
11 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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SBI Funds Management Sales Manager Salaries

SBI Funds Management Sales Manager salary in India ranges between ₹6.8 Lakhs to ₹10 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.