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SBI Mutual Fund

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SBI Mutual Fund Branch Head salaries in India (Updated 2025)

Annual salary range
4 - 14 years exp.
₹3.5 Lakhs - ₹11 Lakhs
Salary of majority employees
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34% less than the average Branch Head Salary in Financial Services Companies for 4 - 14 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

BFSI, Investments & Trading
Branch Head Salary
4 - 9 years exp. (5 salaries)
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₹3.5 L/yr - ₹11 L/yr

Sales & Business Development
Branch Head Salary
8 - 12 years exp. (4 salaries)
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₹6 L/yr - ₹9.1 L/yr

Marketing & Communication
Branch Head Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹7 L/yr - ₹7.9 L/yr

Last Updated: 30 Jan 2025

Companies similar to SBI Mutual Fund for Branch Head

Company name Avg Annual Salary Open Jobs
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ICICI Prudential Mutual Fund Branch Head Salary

4 - 13 years exp. (11 salaries)

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₹5 L/yr - ₹8.2 L/yr

arrow icon 8% less
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Kotak Mahindra Bank Branch Head Salary

8 - 18 years exp. (284 salaries)

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₹7.6 L/yr - ₹23 L/yr

arrow icon 110% more
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Birla Sun Life Mutual Fund Branch Head Salary

4 - 10 years exp. (7 salaries)

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₹5.4 L/yr - ₹12 L/yr

arrow icon 17% more
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₹6 L/yr - ₹7.6 L/yr

arrow icon 2% less
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UTI Mutual Fund Branch Head Salary

7 - 15 years exp. (3 salaries)

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₹10 L/yr - ₹15.1 L/yr

arrow icon 74% more
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Reliance Capital Branch Head Salary

7 - 13 years exp. (14 salaries)

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₹5 L/yr - ₹7.8 L/yr

arrow icon 8% less
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L&T Finance Branch Head Salary

3 - 8 years exp. (10 salaries)

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₹3.1 L/yr - ₹8.8 L/yr

arrow icon 25% less
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Sharekhan Branch Head Salary

11 - 20 years exp. (7 salaries)

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₹7.8 L/yr - ₹12 L/yr

arrow icon 45% more
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Axis Direct Branch Head Salary

9 - 16 years exp. (5 salaries)

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₹8.5 L/yr - ₹14 L/yr

arrow icon 73% more
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Kotak Securities Branch Head Salary

13 - 15 years exp. (5 salaries)

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₹7 L/yr - ₹8.1 L/yr

arrow icon 11% more
Branch Head salary at SBI Mutual Fund ranges between ₹3.5 Lakhs to ₹11 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Branch Head

1mo ago
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9 years exp.
2mo ago
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5 years exp.
2mo ago
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9 years exp.
9mo ago
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12 years exp.
11mo ago
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4 years exp.
1y ago
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9 years exp.

Experience wise SBI Mutual Fund Branch Head salaries

Last Updated: 30 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹12.7 L/yr
5 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)

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₹6.4 L/yr - ₹8.1 L/yr
7 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in SBI Mutual Fund

Area Head Salary
(3 salaries)
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₹8 L/yr - ₹18 L/yr
Branch Manager Salary
(27 salaries)
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₹4.45 L/yr - ₹11.3 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr
Cluster Head Salary
(3 salaries)
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₹13.5 L/yr - ₹15.8 L/yr
Accountant Salary
(3 salaries)
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₹1.1 L/yr - ₹5 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Sales Manager Salary
(6 salaries)
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₹2.15 L/yr - ₹3.5 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.9 L/yr
Sales Officer Salary
(4 salaries)
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₹1.45 L/yr - ₹3 L/yr
Deputy Manager Salary
(90 salaries)
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₹4.7 L/yr - ₹13.5 L/yr

Top skills at SBI Mutual Fund for Branch Head

Sales NISM Heading Branch Taxation Distribution Communication Skills Verbal Communication Presentation Skills Branch Sales channel Team Motivation NISM Presentation Skills Verbal Communication Law

Salary related reviews for SBI Mutual Fund

3.9

Rated by 6 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

 · 

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

Full Time

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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.

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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
see more salary related reviews

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SBI Mutual Fund Branch Head Salary FAQs

What is the salary of Branch Head at SBI Mutual Fund?
Branch Head salary at SBI Mutual Fund in India ranges between ₹3.5 Lakhs to ₹11.0 Lakhs for experience between 4 years to 14 years. According to our estimates it is 34% less than the average Branch Head Salary in India. Salary estimates are based on 14 latest salaries received from various employees of SBI Mutual Fund India.
How does the salary of a Branch Head at SBI Mutual Fund India compare with the average salary range for this job?
The average salary of a Branch Head at SBI Mutual Fund is 34% less than the average salary of a Branch Head in India. To know exact salary insights, login to view.
What are the top skills required to work as a Branch Head at SBI Mutual Fund?
Sales, NISM, Heading Branch, Taxation and Distribution are some of the popular skills required to work as a Branch Head at SBI Mutual Fund India.
Which similar companies are paying more than SBI Mutual Fund to a Branch Head in India?
  • Kotak Mahindra Bank Branch Head Salary - ₹7.6 Lakhs to ₹23.0 Lakhs per year
  • UTI Mutual Fund Branch Head Salary - ₹10.0 Lakhs to ₹15.1 Lakhs per year
  • Axis Direct Branch Head Salary - ₹8.5 Lakhs to ₹14.0 Lakhs per year
  • Sharekhan Branch Head Salary - ₹7.8 Lakhs to ₹12.0 Lakhs per year
  • Birla Sun Life Mutual Fund Branch Head Salary - ₹5.4 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Branch Head in companies similar to SBI Mutual Fund in India?
  • Kotak Securities Branch Head Salary - ₹7.0 Lakhs to ₹8.1 Lakhs per year
  • Nippon Life India Asset Management Branch Head Salary - ₹6.0 Lakhs to ₹7.6 Lakhs per year
  • ICICI Prudential Mutual Fund Branch Head Salary - ₹5.0 Lakhs to ₹8.2 Lakhs per year
  • Reliance Capital Branch Head Salary - ₹5.0 Lakhs to ₹7.8 Lakhs per year
  • L&T Finance Branch Head Salary - ₹3.1 Lakhs to ₹8.8 Lakhs per year
What is the estimated take home salary of a Branch Head at SBI Mutual Fund in India?
The estimated take-home salary of a Branch Head at SBI Mutual Fund ranges between ₹53,085 per month to ₹54,407 per month in India. The take-home salary calculation is based on the average SBI Mutual Fund Branch Head salary in India which ranges between ₹3.5 Lakhs to ₹11.0 Lakhs per year for employees with experience between 4 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Branch Head at SBI Mutual Fund?
According to AmbitionBox, 96% of the SBI Mutual Fund Branch Heads 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.

Tell us how to improve this page.

SBI Mutual Fund Branch Head salary in India ranges between ₹3.5 Lakhs to ₹11 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.