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SBI Mutual Fund

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SBI Mutual Fund Salaries in Indore (Updated 2025)

based on 15 latest salaries
Explore Salaries by Departments
Customer Success, Service & Operations
Designation Avg Annual Salary Open Jobs
0 - 7 years exp. · Indore (4 salaries)
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₹3 L/yr - ₹3.5 L/yr

2 - 7 years exp. · Indore (3 salaries)
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₹2.6 L/yr - ₹7 L/yr

8 job openings
3 - 6 years exp. · Indore (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

2 years exp. · Indore (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

Starting your career? Discover SBI Mutual Fund fresher salaries in India
15 years exp. · Indore (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

3 years exp. · Indore (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

14 - 16 years exp. · Indore (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

2 years exp. · Indore (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

Last Updated: 10 Mar, 2025

Salary related reviews for SBI Mutual Fund

2.7

Rated by 7 employees for salary & benefits

Other Department

3.0
  •  posted on 18 Oct 2020

3.0
 for  Salary and Benefits

Likes

...t and culture to work.company policies are good and they give bonus every year . They give salary hike every year.

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  • Job security - Excellent
  • +1 more

Dislikes

Company is not giving much hike in salary for Operations team specially off roll employees and there is a lot of politics and management doesn't address our issues. Even we don't get our mandatory leaves for our personal work. Career growth is very slow. Training is not given to any new joinees.

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Customer Success, Service & Operations Department

2.0
  •  posted on 25 Oct 2018

2.0
 for  Salary and Benefits

Likes

Very good good team work good infrastructure nice people .

Dislikes

Work pressure is very high and no off roll growth same work done by off roll by hike is lleno compensation I am working night to night manager do not value an individual.i do not receive appreciate ion email phone my client ifa bankers,but the mostly go un noticed during my mid year appraisals.

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  • Salary - Poor
  • +3 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.

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  • 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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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.

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  • Job security - Good
  • +1 more

Dislikes

Growth opportunities Salary increament Learning

  • Promotions - Bad
see more salary related reviews

SBI Mutual Fund Salary FAQs

How much does SBI Mutual Fund pay per year?
The average SBI Mutual Fund salary ranges from approximately ₹0.5 Lakh to ₹2 Lakhs per year for a Banking Assistant and ₹28.5 Lakhs to ₹60 Lakhs per year for a Deputy Vice President. Salary estimates are based on 15 SBI Mutual Fund salaries received from various employees of SBI Mutual Fund. SBI Mutual Fund employees rate the overall salary and benefits package 2.7/5 stars.
What is the highest salary in SBI Mutual Fund?
The highest-paying job at SBI Mutual Fund is a Deputy Vice President with a salary of ₹28.5 Lakhs to ₹60 Lakhs per year. The top 10% of employees earn more than ₹19.42 lakhs per year. The top 1% earn more than a whopping ₹60 lakhs per year.
What is the minimum salary in SBI Mutual Fund?
Minimum salary at SBI Mutual Fund depends on the role you are applying for. For Operations Executive the minimum salary is ₹2 Lakhs to ₹3.1 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.5 Lakh to ₹4.2 Lakhs per year and so on.
What is the salary package for freshers in SBI Mutual Fund?
The average salary at SBI Mutual Fund for freshers varies from ₹2 Lakhs to ₹3 Lakhs per year for Operations Executive and ₹3.6 Lakhs to ₹8 Lakhs per year for Assistant Manager.
What is the notice period at SBI Mutual Fund in Indore?
According to AmbitionBox, 45% of the SBI Mutual Fund employees in Indore reported a notice period of 15 days or less, 37% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

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Average annual salary in SBI Mutual Fund , Indore is INRunlock blur . Salary estimates are based on 15 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.

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