SBI Mutual Fund Branch Manager Salaries by 20+ Employees

4 - 12 years exp.

₹4.5 Lakhs - ₹11.3 Lakhs

Salary of majority employees

Unlock

26% less than the average Branch Manager Salary in Financial Services Companies for 4 - 12 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 5 - 12 years exp. (10 salaries)	Unlock ₹4.5 L/yr - ₹10.3 L/yr
Sales & Business Development Branch Manager Salary 6 - 12 years exp. (9 salaries)	Unlock ₹6 L/yr - ₹11.3 L/yr
Login to view exact salary
Finance & Accounting Branch Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹6.5 L/yr
Marketing & Communication Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹8.5 L/yr

Last Updated: 30 Nov 2024

Companies similar to SBI Mutual Fund for Branch Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Branch Manager Salary 4 - 11 years exp. (130 salaries)	Unlock ₹3.1 L/yr - ₹11.5 L/yr 2% less
Axis Mutual Fund Branch Manager Salary 7 - 12 years exp. (7 salaries)	Unlock ₹9 L/yr - ₹11.1 L/yr 46% more
Login to view exact salary
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1k salaries)	Unlock ₹7 L/yr - ₹25.6 L/yr 135% more	1 job opening
Birla Sun Life Mutual Fund Branch Manager Salary 10 - 14 years exp. (4 salaries)	Unlock ₹6.2 L/yr - ₹6.4 L/yr 6% less
L&T Finance Branch Manager Salary 3 - 9 years exp. (220 salaries)	Unlock ₹2.4 L/yr - ₹6.3 L/yr 33% less
Kotak Securities Branch Manager Salary 8 - 19 years exp. (139 salaries)	Unlock ₹4.1 L/yr - ₹11.5 L/yr 6% more
Sharekhan Branch Manager Salary 9 - 19 years exp. (60 salaries)	Unlock ₹4.2 L/yr - ₹14.3 L/yr 44% more	1 job opening
Nippon Life India Asset Management Branch Manager Salary 4 - 15 years exp. (31 salaries)	Unlock ₹5.1 L/yr - ₹11.5 L/yr 25% more	6 job openings
Axis Direct Branch Manager Salary 9 - 19 years exp. (22 salaries)	Unlock ₹5.8 L/yr - ₹15 L/yr 42% more
Reliance Capital Branch Manager Salary 3 - 10 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹7.8 L/yr 19% less
Franklin Templeton Investments Branch Manager Salary 6 - 8 years exp. (6 salaries)	Unlock ₹8 L/yr - ₹18 L/yr 60% more
Login to view exact salary
UTI Mutual Fund Branch Manager Salary 15 - 18 years exp. (4 salaries)	Unlock ₹8.4 L/yr - ₹17.5 L/yr 86% more

Branch Manager salary at SBI Mutual Fund ranges between ₹4.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 25 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Branch Manager

3mo ago

Unlock

10 years exp.

5mo ago

Unlock

4 years exp.

6mo ago

Unlock

8 years exp.

6mo ago

Unlock

7 years exp.

7mo ago

Unlock

7 years exp.

7mo ago

Unlock

12 years exp.

7mo ago

Unlock

10 years exp.

10mo ago

Unlock

6 years exp.

1y ago

Unlock

9 years exp.

1y ago

Unlock

10 years exp.

Experience wise SBI Mutual Fund Branch Manager salaries

Last Updated: 30 Nov 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹11.7 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹11.8 L/yr
Login to view exact salary
6 years (3 salaries)	Unlock ₹5 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹8.5 L/yr
8 years (4 salaries)	Unlock ₹5.5 L/yr - ₹10.7 L/yr
9 years (3 salaries)	Unlock ₹6 L/yr - ₹7.3 L/yr
10 years (6 salaries)	Unlock ₹6.3 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹6.3 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹11.3 L/yr

View all

Similar Designation salaries in SBI Mutual Fund

Area Manager Salary

(AmbitionBox Estimate)

Unlock

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(6 salaries)

Unlock

₹2.15 L/yr - ₹3.5 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

Unlock

₹4.1 L/yr - ₹5.3 L/yr

Branch Head Salary

(14 salaries)

Unlock

₹3.5 L/yr - ₹11 L/yr

Deputy Manager Salary

(90 salaries)

Unlock

₹4.7 L/yr - ₹13.5 L/yr

Chief Manager Salary

(31 salaries)

Unlock

₹11 L/yr - ₹32.25 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

Unlock

₹6.9 L/yr - ₹8.9 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

Unlock

₹8.5 L/yr - ₹10.8 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

Unlock

₹9.5 L/yr - ₹12.1 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

Unlock

₹2.8 L/yr - ₹3.6 L/yr

Top skills at SBI Mutual Fund for Branch Manager

HR Account Management Operations Audit Compliance Quality Control Management Taxation Sales Business Planning

Salary related reviews for SBI Mutual Fund

4.1

Rated by 8 employees for salary & benefits

Sales Executive in Bhubaneswar

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.

Job security - Good

+1 more

Dislikes

Growth opportunities Salary increament Learning

Promotions - Bad

Deputy Manager in Chennai

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...

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

Assistant Rms Manager in Thiruvananthapuram

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.

Job security - Good

+3 more

Dislikes

Low Salary

Manager in Pune

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.

Customer Service Executive in Museum Road Bangalore

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.

Dislikes

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

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

Got a question about SBI Mutual Fund?

Ask anonymously on communities.

SBI Mutual Fund Branch Manager Salary FAQs

What is the salary of Branch Manager at SBI Mutual Fund?

Branch Manager salary at SBI Mutual Fund in India ranges between ₹4.5 Lakhs to ₹11.3 Lakhs for experience between 4 years to 12 years. According to our estimates it is 26% less than the average Branch Manager Salary in India. Salary estimates are based on 25 latest salaries received from various employees of SBI Mutual Fund India.

How does the salary of a Branch Manager at SBI Mutual Fund India compare with the average salary range for this job?

The average salary of a Branch Manager at SBI Mutual Fund is 26% less than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at SBI Mutual Fund?

HR, Account Management, Operations, Audit Compliance and Quality Control Management are some of the popular skills required to work as a Branch Manager at SBI Mutual Fund India.

Which similar companies are paying more than SBI Mutual Fund to a Branch Manager in India?

Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year
UTI Mutual Fund Branch Manager Salary - ₹8.4 Lakhs to ₹17.5 Lakhs per year
Franklin Templeton Investments Branch Manager Salary - ₹8.0 Lakhs to ₹18.0 Lakhs per year
Axis Mutual Fund Branch Manager Salary - ₹9.0 Lakhs to ₹11.1 Lakhs per year
Sharekhan Branch Manager Salary - ₹4.2 Lakhs to ₹14.3 Lakhs per year

What is the salary of a Branch Manager in companies similar to SBI Mutual Fund in India?

Axis Direct Branch Manager Salary - ₹5.8 Lakhs to ₹15.0 Lakhs per year
Nippon Life India Asset Management Branch Manager Salary - ₹5.1 Lakhs to ₹11.5 Lakhs per year
Kotak Securities Branch Manager Salary - ₹4.1 Lakhs to ₹11.5 Lakhs per year
ICICI Prudential Mutual Fund Branch Manager Salary - ₹3.1 Lakhs to ₹11.5 Lakhs per year
Birla Sun Life Mutual Fund Branch Manager Salary - ₹6.2 Lakhs to ₹6.4 Lakhs per year

What is the estimated take home salary of a Branch Manager at SBI Mutual Fund in India?

The estimated take-home salary of a Branch Manager at SBI Mutual Fund ranges between ₹52,186 per month to ₹53,415 per month in India. The take-home salary calculation is based on the average SBI Mutual Fund Branch Manager salary in India which ranges between ₹4.5 Lakhs to ₹11.3 Lakhs per year for employees with experience between 4 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at SBI Mutual Fund?

According to AmbitionBox, 72% of the SBI Mutual Fund Branch Managers reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

SBI Mutual Fund Branch Manager Salaries by Location

Home >
Salaries >
SBI Mutual Fund Salaries >
SBI Mutual Fund Branch Manager Salaries

SBI Mutual Fund Branch Manager salary in India ranges between ₹4.5 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.