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SBI Funds Management Senior Manager salaries in India (Updated 2025)

Annual salary range
6 - 19 years exp.
₹11.5 Lakhs - ₹20.1 Lakhs
Salary of majority employees
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24% less than the average Senior Manager Salary in Financial Services Companies for 6 - 19 years of experience

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Salaries in different departments

Sales & Business Development
Senior Manager Salary
10 - 19 years exp. (5 salaries)
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₹12.5 L/yr - ₹20.1 L/yr

BFSI, Investments & Trading
Senior Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹16.7 L/yr

Last Updated: 8 Feb 2025

Companies similar to SBI Funds Management for Senior Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Senior Manager Salary

3 - 21 years exp. (6.3k salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 8% less
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Axis Bank Senior Manager Salary

2 - 21 years exp. (5.2k salaries)

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₹8 L/yr - ₹28.6 L/yr

arrow icon 2% less
2 job openings
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Genpact Senior Manager Salary

8 - 22 years exp. (4.1k salaries)

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₹10.5 L/yr - ₹36 L/yr

arrow icon 31% more
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Kotak Mahindra Bank Senior Manager Salary

2 - 19 years exp. (3.5k salaries)

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₹6.5 L/yr - ₹19 L/yr

arrow icon 25% less
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Yes Bank Senior Manager Salary

2 - 18 years exp. (2.3k salaries)

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₹5.9 L/yr - ₹21.5 L/yr

arrow icon 25% less
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Standard Chartered Senior Manager Salary

6 - 22 years exp. (1.9k salaries)

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₹13.3 L/yr - ₹46.1 L/yr

arrow icon 70% more
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ICICI Bank Senior Manager Salary

1 - 20 years exp. (1.8k salaries)

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₹8.5 L/yr - ₹28 L/yr

arrow icon 2% more
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₹4.9 L/yr - ₹14 L/yr

arrow icon 42% less
1 job opening
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IDFC FIRST Bank Senior Manager Salary

2 - 18 years exp. (1.3k salaries)

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₹7 L/yr - ₹23 L/yr

arrow icon 13% less
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TCS Senior Manager Salary

11 - 23 years exp. (1.2k salaries)

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₹11 L/yr - ₹42.3 L/yr

arrow icon 52% more
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HDFC Life Senior Manager Salary

2 - 20 years exp. (588 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 17% less
3 job openings
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Bank of America Senior Manager Salary

8 - 19 years exp. (564 salaries)

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₹17.4 L/yr - ₹47.4 L/yr

arrow icon 94% more
3 job openings
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AU Small Finance Bank Senior Manager Salary

4 - 18 years exp. (494 salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 17% less
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₹11 L/yr - ₹26.9 L/yr

arrow icon 7% more
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IndusInd Bank Senior Manager Salary

6 - 18 years exp. (359 salaries)

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₹5.3 L/yr - ₹20 L/yr

arrow icon 28% less
6 job openings
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Axis Max Life Insurance Senior Manager Salary

3 - 17 years exp. (320 salaries)

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₹8.8 L/yr - ₹30.4 L/yr

arrow icon 10% more
3 job openings
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Bandhan Bank Senior Manager Salary

6 - 18 years exp. (333 salaries)

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₹6.5 L/yr - ₹21.5 L/yr

arrow icon 24% less
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Ashok Leyland Senior Manager Salary

10 - 24 years exp. (298 salaries)

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₹12 L/yr - ₹34.5 L/yr

arrow icon 49% more
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IBM Senior Manager Salary

9 - 24 years exp. (287 salaries)

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₹13.1 L/yr - ₹47.1 L/yr

arrow icon 68% more
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Bajaj Finserv Senior Manager Salary

4 - 13 years exp. (229 salaries)

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₹8.5 L/yr - ₹30 L/yr

arrow icon 4% more
View all
Senior Manager salary at SBI Funds Management ranges between ₹11.5 Lakhs to ₹20.1 Lakhs per year for employees with experience between 6 years to 19 years. Salary estimates are based on 9 latest salaries received from various employees of SBI Funds Management.

Latest annual salaries shared by SBI Funds Management Senior Manager

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19 years exp.
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12 years exp.
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12 years exp.
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10 years exp.
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17 years exp.
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16 years exp.
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6 years exp.

Experience wise SBI Funds Management Senior Manager salaries

Last Updated: 8 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹11.5 L/yr - ₹28.6 L/yr
7 years (AmbitionBox Estimate)

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₹14.4 L/yr - ₹18.4 L/yr
8 years (AmbitionBox Estimate)

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₹14.5 L/yr - ₹18.6 L/yr
9 years (AmbitionBox Estimate)

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₹14.6 L/yr - ₹18.7 L/yr
10 years  (3 salaries)

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₹12.5 L/yr - ₹29.5 L/yr
View all

Similar Designation salaries in SBI Funds Management

Regional Manager Salary
(AmbitionBox Estimate)
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₹17.6 L/yr - ₹22.5 L/yr
Deputy Manager Salary
(37 salaries)
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₹4.3 L/yr - ₹9 L/yr
Sales Manager Salary
(3 salaries)
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₹6.8 L/yr - ₹10 L/yr
Branch Manager Salary
(3 salaries)
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₹7.6 L/yr - ₹10.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹2.45 L/yr - ₹6 L/yr
Sales Officer Salary
(4 salaries)
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₹2.25 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹3.5 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹3.7 L/yr - ₹4.7 L/yr
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for SBI Funds Management

5.0

Rated by 1 employees for salary & benefits

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.

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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.

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  • Salary - Poor
  • +6 more

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

read more
  • 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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SBI Funds Management Senior Manager Salary FAQs

What is the salary of Senior Manager at SBI Funds Management ?
The average salary of a Senior Manager at SBI Funds Management in India typically ranges from ₹11.5 Lakhs to ₹20.1 Lakhs per year, depending on experience (from 6 years to 19 years).

The top 10% of Senior Manager at SBI Funds Management earn more than ₹20.1 Lakhs per year, and the top 1% earn over ₹20.1 Lakhs per year. Senior Manager 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 9 SBI Funds Management employees in India.
What is the estimated take home salary of a Senior Manager at SBI Funds Management in India?
The estimated take-home salary of a Senior Manager at SBI Funds Management in India typically ranges from ₹1,13,293 to ₹1,16,444 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹20.1 Lakhs per year for employees with experience ranging from 6 years to 19 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 9 salaries received from various employees of SBI Funds Management. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Funds Management for Senior Manager in India?
Bank of America ₹17.4 Lakhs to ₹47.4 Lakhs per year
S&P Global ₹15.0 Lakhs to ₹45.0 Lakhs per year
Standard Chartered ₹13.3 Lakhs to ₹46.1 Lakhs per year
IBM ₹13.1 Lakhs to ₹47.1 Lakhs per year
Udaan ₹14.0 Lakhs to ₹43.0 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 Senior Manager in companies similar to SBI Funds Management in India?
The salary of a Senior Manager at companies similar to SBI Funds Management in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Synechron ₹17.8 Lakhs to ₹38.0 Lakhs per year
TCS ₹11.0 Lakhs to ₹42.3 Lakhs per year
Ashok Leyland ₹12.0 Lakhs to ₹34.5 Lakhs per year
Mphasis ₹13.6 Lakhs to ₹41.0 Lakhs per year
Genpact ₹10.5 Lakhs to ₹36.0 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 Senior Manager at SBI Funds Management in India?
The salary growth for a Senior Manager at SBI Funds Management depends on factors such as experience, performance, and promotions. On average, a Senior Manager can expect the following growth trajectory at SBI Funds Management:

Experience Average Salary Range
6 years ₹11.5 Lakhs to ₹28.6 Lakhs per year
7 years ₹14.4 Lakhs to ₹18.4 Lakhs per year
8 years ₹14.5 Lakhs to ₹18.6 Lakhs per year
9 years ₹14.6 Lakhs to ₹18.7 Lakhs per year
and so on.

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SBI Funds Management Senior Manager salary in India ranges between ₹11.5 Lakhs to ₹20.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 SBI Funds Management latest salaries received from various employees of SBI Funds Management.