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SBI Mutual Fund Advisor salaries in India

Annual salary range
1 - 15 years exp.
₹2 Lakhs - ₹2.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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49% less than the average Advisor Salary in Financial Services Companies for 1 - 15 years of experience

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Last Updated: 16 Mar 2023

Companies similar to SBI Mutual Fund for Advisor

Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Advisor Salary

1 - 3 years exp. (3 salaries)

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₹2.8 L/yr - ₹3 L/yr

arrow icon 16% more
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FactSet Advisor Salary

0 - 3 years exp. (51 salaries)

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₹4.6 L/yr - ₹9 L/yr

arrow icon 194% more
1 job opening
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Kotak Securities Advisor Salary

0 - 3 years exp. (5 salaries)

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₹2.6 L/yr - ₹4.6 L/yr

arrow icon 55% more
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Sharekhan Advisor Salary

1 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹5.5 L/yr

arrow icon 41% more
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Axis Direct Advisor Salary

2 - 4 years exp. (4 salaries)

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₹2.8 L/yr - ₹5 L/yr

arrow icon 73% more
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Reliance Capital Advisor Salary

0 - 1 year exp. (3 salaries)

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₹1 L/yr - ₹3 L/yr

arrow icon 33% less
Advisor salary at SBI Mutual Fund ranges between ₹2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 15 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Advisor

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15 years exp.
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6 years exp.
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3 years exp.
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1 year exp.

Experience wise SBI Mutual Fund Advisor salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
15+ years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in SBI Mutual Fund

Analyst Salary
(AmbitionBox Estimate)
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₹12 L/yr - ₹15.3 L/yr
Agent Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹2 L/yr - ₹2.5 L/yr
Quality Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Sales Executive Salary
(64 salaries)
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₹2 L/yr - ₹4.5 L/yr
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₹1 L/yr - ₹3 L/yr
Customer Service Advisor Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.7 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹3 L/yr
Technical Support Engineer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Salary related reviews for SBI Mutual Fund

5.0

Rated by 1 employees for salary & benefits

Contractual

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 09 Aug 2024

3.0
 for  Salary and Benefits

Likes

The work culture is good,but the salary increament and promotion opportunity is very bad, although the work pressure is also less as compared to the privet sector,and in most cases you don't have to directly sale product to the client,as the bank officials do the work.

read more
  • Job security - Good
  • +1 more

Dislikes

Growth opportunities Salary increament Learning

  • Promotions - Bad

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 10 Sep 2022

1.0
 for  Salary and Benefits

Likes

Only thing I liked was management is not harsh if you login bit late due to traffic or personal reason. Other than this it's a big noooo. I found many good colleagues here I am happy with that atleast.

read more

Dislikes

Onroll offroll differentiation is huge Dissatisfied with offroll management No decent hike or salary Takes long time for career growth

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 28 Jan 2025

3.0
 for  Salary and Benefits

Likes

...good company to work. As usual salary increment will be low and promotions also. But here the job security is high and it's ok to work here for long but at the cost of low salary.

read more
  • Job security - Good
  • +3 more

Dislikes

Low Salary

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 08 Dec 2023

3.0
 for  Salary and Benefits

Likes

Working in SBIMF gives you feeling of proud and brand recognition. Job security and mental peace.

  • Job security - Good
  • +3 more

Dislikes

Appraisal, employee recognition, Salary, respect as an old loyal employee not there. People recruits new freshers with higher package than there old loyal employee which demotivates more and hurts as well.

read more

Full Time

 · 

PDM Department

3.0
  •  posted on 29 Jun 2023

2.0
 for  Salary and Benefits

Likes

SBI brand is good. Management communication is one way. Salary growth is pathetic. It's a good company for people who join after 10 year exp and with min 20 lakh salary .. they can continue to work for longer time. Not good for new or less exp people because despite of over achieving targets they will give 7-9 % hike. In promotion year too they will give 9% hike .. Very bad salary growth.. frustrating for people with 5 -10 year exp... that's why lot of people switch in this segment...

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  • Skill development - Good
  • +2 more

Dislikes

Bad salary... they can at least make salary on par with market for loyal employees..

  • Salary - Poor
  • +1 more
see more salary related reviews

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SBI Mutual Fund Advisor Salary FAQs

What is the salary of Advisor at SBI Mutual Fund?
Advisor salary at SBI Mutual Fund in India ranges between ₹2.0 Lakhs to ₹2.8 Lakhs for experience between 1 years to 15 years. According to our estimates it is 49% less than the average Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Mutual Fund India.
How does the salary of a Advisor at SBI Mutual Fund India compare with the average salary range for this job?
The average salary of a Advisor at SBI Mutual Fund is 49% less than the average salary of a Advisor in India. To know exact salary insights, login to view.
Which similar companies are paying more than SBI Mutual Fund to a Advisor in India?
  • FactSet Advisor Salary - ₹4.6 Lakhs to ₹9.0 Lakhs per year
  • Axis Direct Advisor Salary - ₹2.8 Lakhs to ₹5.0 Lakhs per year
  • Kotak Securities Advisor Salary - ₹2.6 Lakhs to ₹4.6 Lakhs per year
  • Sharekhan Advisor Salary - ₹2.1 Lakhs to ₹5.5 Lakhs per year
  • Kotak Mahindra Bank Advisor Salary - ₹2.8 Lakhs to ₹3.0 Lakhs per year
What is the salary of a Advisor in companies similar to SBI Mutual Fund in India?
  • Reliance Capital Advisor Salary - ₹1.0 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Advisor at SBI Mutual Fund in India?
The estimated take-home salary of a Advisor at SBI Mutual Fund ranges between ₹17,482 per month to ₹19,182 per month in India. The take-home salary calculation is based on the average SBI Mutual Fund Advisor salary in India which ranges between ₹2.0 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 years to 15 years. Check how did we calculate take home salary?

Tell us how to improve this page.

SBI Mutual Fund Advisor salary in India ranges between ₹2 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.