SBI Funds Management Senior Relationship Manager Salaries by 4 Employees

2 - 12 years exp.

₹3.4 Lakhs - ₹10 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Senior Relationship Manager Salary in Financial Services Companies for 2 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Relationship Manager Salary 2 - 12 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4 L/yr
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Sales & Business Development Senior Relationship Manager Salary 7 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 25 Jul 2024

Companies similar to SBI Funds Management for Senior Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Allianz Life Insurance Senior Relationship Manager Salary 0 - 10 years exp. (712 salaries)	₹2 L/yr - ₹4 L/yr 44% less	7 job openings
ICICI Bank Senior Relationship Manager Salary 2 - 14 years exp. (527 salaries)	₹14.7 L/yr - ₹31.1 L/yr 217% more
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HDFC Life Senior Relationship Manager Salary 2 - 9 years exp. (312 salaries)	₹2 L/yr - ₹5 L/yr 35% less
Kotak Mahindra Bank Senior Relationship Manager Salary 4 - 13 years exp. (241 salaries)	₹4.1 L/yr - ₹15.1 L/yr 54% more
IndusInd Bank Senior Relationship Manager Salary 6 - 18 years exp. (236 salaries)	₹5.5 L/yr - ₹18.5 L/yr 79% more	24 job openings
ICICI Lombard General Insurance Company Senior Relationship Manager Salary 3 - 13 years exp. (332 salaries)	₹4.5 L/yr - ₹7.4 L/yr 1% more
HDFC Bank Senior Relationship Manager Salary 4 - 15 years exp. (194 salaries)	₹5.7 L/yr - ₹25 L/yr 141% more
Axis Max Life Insurance Senior Relationship Manager Salary 3 - 10 years exp. (188 salaries)	₹3 L/yr - ₹9 L/yr 4% less
Axis Bank Senior Relationship Manager Salary 2 - 13 years exp. (165 salaries)	₹4.1 L/yr - ₹15.4 L/yr 55% more
Standard Chartered Senior Relationship Manager Salary 4 - 14 years exp. (151 salaries)	₹5.5 L/yr - ₹20.8 L/yr 120% more
AU Small Finance Bank Senior Relationship Manager Salary 1 - 12 years exp. (110 salaries)	₹2.4 L/yr - ₹7.5 L/yr 17% less
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Yes Bank Senior Relationship Manager Salary 5 - 15 years exp. (69 salaries)	₹5.5 L/yr - ₹16.2 L/yr 108% more	3 job openings
IDFC FIRST Bank Senior Relationship Manager Salary 2 - 12 years exp. (73 salaries)	₹5.8 L/yr - ₹17.5 L/yr 70% more
ICICI Prudential Life Insurance Senior Relationship Manager Salary 2 - 6 years exp. (43 salaries)	₹2.9 L/yr - ₹6.5 L/yr 28% less
Bandhan Bank Senior Relationship Manager Salary 3 - 13 years exp. (21 salaries)	₹5.1 L/yr - ₹12.7 L/yr 52% more
Bajaj Finserv Senior Relationship Manager Salary 1 - 8 years exp. (20 salaries)	₹3 L/yr - ₹6.3 L/yr 26% less
Deutsche Bank Senior Relationship Manager Salary 9 - 16 years exp. (19 salaries)	₹11.2 L/yr - ₹19 L/yr 143% more
Bajaj Finance Senior Relationship Manager Salary 1 - 6 years exp. (16 salaries)	₹3.1 L/yr - ₹6.3 L/yr 20% less	43 job openings
HDB Financial Services Senior Relationship Manager Salary 2 - 7 years exp. (8 salaries)	₹2.8 L/yr - ₹5 L/yr 46% less
TCS Senior Relationship Manager Salary 0 - 4 years exp. (4 salaries)	₹3.5 L/yr - ₹7.5 L/yr 25% less

Senior Relationship Manager salary at SBI Funds Management ranges between ₹3.4 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Funds Management.

Experience wise SBI Funds Management Senior Relationship Manager salaries

Last Updated: 25 Jul 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
7 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr

Similar Designation salaries in SBI Funds Management

Relationship Manager Salary

(21 salaries)

₹2.45 L/yr - ₹6 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.5 L/yr

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 Manager Salary

(3 salaries)

₹6.8 L/yr - ₹10 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Deputy Manager Salary

(37 salaries)

₹4.3 L/yr - ₹9 L/yr

Sales Officer Salary

(4 salaries)

₹2.25 L/yr - ₹3.5 L/yr

Sales Executive Salary

(8 salaries)

₹2 L/yr - ₹3.5 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Top skills at SBI Funds Management for Senior Relationship Manager

Customer Satisfaction Database Channel Sales Client Acquisition Account Management Taxation Business Planning Relationship Building Channel Development

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 Senior Relationship Manager Salary FAQs

What is the salary of Senior Relationship Manager at SBI Funds Management ?

The average salary of a Senior Relationship Manager at SBI Funds Management in India typically ranges from ₹3.4 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Senior Relationship Manager at SBI Funds Management earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Senior Relationship 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 4 SBI Funds Management employees in India.

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

The estimated take-home salary of a Senior Relationship Manager at SBI Funds Management in India typically ranges from ₹44,392 to ₹45,491 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 2 years to 12 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 4 salaries received from various employees of SBI Funds Management. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Relationship Manager at SBI Funds Management ?

To be a Senior Relationship Manager at SBI Funds Management in india, the key skills required include:

- Customer Satisfaction
- Database
- Channel Sales
- Client Acquisition
- Account Management

These skills are highly valued at SBI Funds Management and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Funds Management for Senior Relationship Manager in India?

ICICI Bank	₹14.7 Lakhs to ₹31.1 Lakhs per year
Deutsche Bank	₹11.2 Lakhs to ₹19.0 Lakhs per year
HDFC Bank	₹5.7 Lakhs to ₹25.0 Lakhs per year
Standard Chartered	₹5.5 Lakhs to ₹20.8 Lakhs per year
Yes Bank	₹5.5 Lakhs to ₹16.2 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 Relationship Manager in companies similar to SBI Funds Management in India?

The salary of a Senior Relationship 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:

IndusInd Bank	₹5.5 Lakhs to ₹18.5 Lakhs per year
IDFC FIRST Bank	₹5.8 Lakhs to ₹17.5 Lakhs per year
Axis Bank	₹4.1 Lakhs to ₹15.4 Lakhs per year
Kotak Mahindra Bank	₹4.1 Lakhs to ₹15.1 Lakhs per year
Bandhan Bank	₹5.1 Lakhs to ₹12.7 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 Relationship Manager at SBI Funds Management in India?

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

Experience	Average Salary Range
2 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
10 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
12 years	₹3.1 Lakhs to ₹3.9 Lakhs per year

and so on.

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SBI Funds Management Senior Relationship Manager Salaries

SBI Funds Management Senior Relationship Manager salary in India ranges between ₹3.4 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Funds Management latest salaries received from various employees of SBI Funds Management.