SBI Mutual Fund Relationship Manager Salaries by 100+ Employees (Updated 2025)

0 - 9 years exp.

₹2 Lakhs - ₹7.4 Lakhs

Salary of majority employees

17% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 9 years of experience

Interested in this particular role? 12 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 9 years exp. (57 salaries)	₹2 L/yr - ₹6.9 L/yr
Sales & Business Development Relationship Manager Salary 0 - 9 years exp. (36 salaries)	₹2.1 L/yr - ₹7 L/yr
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Finance & Accounting Relationship Manager Salary 0 - 6 years exp. (18 salaries)	₹2 L/yr - ₹4.8 L/yr
Marketing & Communication Relationship Manager Salary 0 - 7 years exp. (12 salaries)	₹2 L/yr - ₹4.3 L/yr
Customer Success, Service & Operations Relationship Manager Salary 1 - 6 years exp. (11 salaries)	₹3 L/yr - ₹6.7 L/yr

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Last Updated: 28 Feb 2025

Companies similar to SBI Mutual Fund for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Relationship Manager Salary 0 - 9 years exp. (1.1k salaries)	₹2.2 L/yr - ₹8.5 L/yr 17% more
Axis Mutual Fund Relationship Manager Salary 0 - 10 years exp. (72 salaries)	₹3 L/yr - ₹9 L/yr 28% more
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Birla Sun Life Mutual Fund Relationship Manager Salary 0 - 7 years exp. (66 salaries)	₹2.3 L/yr - ₹8.1 L/yr 14% more
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.5k salaries)	₹1.5 L/yr - ₹10 L/yr 43% more	6 job openings
Sharekhan Relationship Manager Salary 0 - 10 years exp. (308 salaries)	₹1.1 L/yr - ₹7 L/yr 8% less	2 job openings
Kotak Securities Relationship Manager Salary 0 - 8 years exp. (185 salaries)	₹1.5 L/yr - ₹6.3 L/yr 7% less
Reliance Capital Relationship Manager Salary 0 - 8 years exp. (149 salaries)	₹2 L/yr - ₹5.5 L/yr 20% less	2 job openings
Axis Direct Relationship Manager Salary 0 - 9 years exp. (107 salaries)	₹1.5 L/yr - ₹7.5 L/yr 11% less
Nippon Life India Asset Management Relationship Manager Salary 0 - 8 years exp. (106 salaries)	₹2.5 L/yr - ₹9 L/yr 43% more	30 job openings
UTI Mutual Fund Relationship Manager Salary 1 - 6 years exp. (82 salaries)	₹3 L/yr - ₹10 L/yr 54% more	3 job openings
L&T Finance Relationship Manager Salary 1 - 8 years exp. (59 salaries)	₹2.4 L/yr - ₹12 L/yr 60% more
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Ocwen Financial Solutions Relationship Manager Salary 4 - 17 years exp. (31 salaries)	₹4 L/yr - ₹12 L/yr 88% more
Franklin Templeton Investments Relationship Manager Salary 2 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹7.5 L/yr 6% more
MUFG Bank Relationship Manager Salary 10 - 14 years exp. (4 salaries)	₹50 L/yr - ₹51 L/yr 1095% more
DSP Mutual Fund Relationship Manager Salary 0 - 6 years exp. (4 salaries)	₹7 L/yr - ₹9 L/yr 83% more
Invesco Relationship Manager Salary 3 - 4 years exp. (3 salaries)	₹8.5 L/yr - ₹10 L/yr 125% more

Relationship Manager salary at SBI Mutual Fund ranges between ₹2 Lakhs to ₹7.4 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 174 latest salaries received from various employees of SBI Mutual Fund.

Experience wise SBI Mutual Fund Relationship Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (12 salaries)	₹2 L/yr - ₹4.4 L/yr
1 year (24 salaries)	₹2.3 L/yr - ₹5.2 L/yr
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2 years (30 salaries)	₹2 L/yr - ₹6.5 L/yr
3 years (24 salaries)	₹2.2 L/yr - ₹7.4 L/yr
4 years (28 salaries)	₹2 L/yr - ₹6.7 L/yr
5 years (20 salaries)	₹2.5 L/yr - ₹6.9 L/yr
6 years (24 salaries)	₹2.8 L/yr - ₹6.9 L/yr
7 years (7 salaries)	₹3.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹7 L/yr
9 years (3 salaries)	₹2 L/yr - ₹7 L/yr

View all

Similar Designation salaries in SBI Mutual Fund

Relationship Officer Salary

(4 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Branch Manager Salary

(27 salaries)

₹4.45 L/yr - ₹10.75 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Deputy Manager Salary

(92 salaries)

₹4.7 L/yr - ₹13.5 L/yr

Sales Manager Salary

(6 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(4 salaries)

₹1.15 L/yr - ₹7 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹6.9 L/yr - ₹8.9 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹4.5 L/yr - ₹7 L/yr

Sales Engineer Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Top skills at SBI Mutual Fund for Relationship Manager

Sales NISM Relationship Building Channel Sales Channel Development Taxation Communication Skills channel Relationship Management Presentation Skills New Client Acquisition Sales Process Mutual Funds Equity Debt Market

Salary related reviews for SBI Mutual Fund

3.0

Rated by 37 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

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (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 my previous org.

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SBI Mutual Fund Relationship Manager Salary FAQs

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

Relationship Manager salary at SBI Mutual Fund in India ranges between ₹2.0 Lakhs to ₹7.4 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 17% less than the average Relationship Manager Salary in India. Salary estimates are based on 174 latest salaries received from various employees of SBI Mutual Fund India.

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

The average salary of a Relationship Manager at SBI Mutual Fund is 17% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

Sales, NISM, Relationship Building, Channel Sales and Channel Development are some of the popular skills required to work as a Relationship Manager at SBI Mutual Fund India.

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

MUFG Bank Relationship Manager Salary - ₹50.0 Lakhs to ₹51.0 Lakhs per year
Invesco Relationship Manager Salary - ₹8.5 Lakhs to ₹10.0 Lakhs per year
Ocwen Financial Solutions Relationship Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
DSP Mutual Fund Relationship Manager Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
L&T Finance Relationship Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year

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

UTI Mutual Fund Relationship Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Nippon Life India Asset Management Relationship Manager Salary - ₹2.5 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank Relationship Manager Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
Axis Mutual Fund Relationship Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
ICICI Prudential Mutual Fund Relationship Manager Salary - ₹2.2 Lakhs to ₹8.5 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at SBI Mutual Fund ranges between ₹31,372 per month to ₹32,665 per month in India. The take-home salary calculation is based on the average SBI Mutual Fund Relationship Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.4 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the SBI Mutual Fund Relationship Managers reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 139 responses on AmbitionBox in last 2 years.

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SBI Mutual Fund Relationship Manager Salaries

SBI Mutual Fund Relationship Manager salary in India ranges between ₹2 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 174 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.

SBI Mutual Fund Relationship Manager salaries in India (Updated 2025)

Companies similar to SBI Mutual Fund for Relationship Manager

Latest annual salaries shared by SBI Mutual Fund Relationship Manager

Experience wise SBI Mutual Fund Relationship Manager salaries

Similar Designation salaries in SBI Mutual Fund

Top skills at SBI Mutual Fund for Relationship Manager

Salary related reviews for SBI Mutual Fund

Sales Executive in Bhubaneswar

Deputy Manager in Chennai

Assistant Rms Manager in Thiruvananthapuram

Manager in Pune

Customer Service Executive in Museum Road Bangalore

SBI Mutual Fund Relationship Manager Salary FAQs

Tell us how to improve this page.

SBI Mutual Fund Relationship Manager Salaries by Location