SBI Mutual Fund Salaries in Mumbai (Updated 2025)

Likes

The company is open to innovation and readily adopt latest technolgy. In this company It's really the opportunity to learn more and built the Relationship with high reputed person. Management & learning program are good of this company

Dislikes

...I have to work 12-14 hrs straight in a day.. Even in sometimes in weekend also. Compensation nd growth both are slow.

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.

Dislikes

Low Salary

Likes

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

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.

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.

Dislikes

Growth opportunities Salary increament Learning

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...

Dislikes

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