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

Annual salary range
0 - 9 years exp.
₹2 Lakhs - ₹8 Lakhs
Salary of majority employees
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12% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 9 years of experience

Interested in this particular role? 9 job openings

Salaries in different departments

BFSI, Investments & Trading
Relationship Manager Salary
0 - 9 years exp. (59 salaries)
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₹2 L/yr - ₹7 L/yr

Sales & Business Development
Relationship Manager Salary
0 - 9 years exp. (37 salaries)
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₹2.1 L/yr - ₹7 L/yr

Finance & Accounting
Relationship Manager Salary
0 - 6 years exp. (19 salaries)
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₹2 L/yr - ₹4.8 L/yr

Marketing & Communication
Relationship Manager Salary
0 - 7 years exp. (12 salaries)
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₹2 L/yr - ₹4.3 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
1 - 6 years exp. (11 salaries)
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₹3 L/yr - ₹6.7 L/yr

View all

Last Updated: 10 Mar 2025

Companies similar to SBI Mutual Fund for Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹8 L/yr

arrow icon 11% more
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Axis Mutual Fund Relationship Manager Salary

0 - 10 years exp. (72 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 21% more
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₹2.3 L/yr - ₹8.1 L/yr

arrow icon 8% more
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Kotak Mahindra Bank Relationship Manager Salary

0 - 12 years exp. (2.3k salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 34% more
6 job openings
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Sharekhan Relationship Manager Salary

0 - 10 years exp. (305 salaries)

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₹1.1 L/yr - ₹6.7 L/yr

arrow icon 14% less
2 job openings
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Kotak Securities Relationship Manager Salary

0 - 8 years exp. (185 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 14% less
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Reliance Capital Relationship Manager Salary

0 - 8 years exp. (149 salaries)

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₹2 L/yr - ₹5.5 L/yr

arrow icon 24% less
1 job opening
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Axis Direct Relationship Manager Salary

0 - 9 years exp. (107 salaries)

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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 16% less
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₹2.5 L/yr - ₹9 L/yr

arrow icon 35% more
30 job openings
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UTI Mutual Fund Relationship Manager Salary

1 - 6 years exp. (82 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 46% more
3 job openings
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L&T Finance Relationship Manager Salary

1 - 8 years exp. (58 salaries)

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₹2.4 L/yr - ₹12 L/yr

arrow icon 54% more
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₹4 L/yr - ₹12 L/yr

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₹3.1 L/yr - ₹7.5 L/yr

arrow icon 1% less
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MUFG Bank Relationship Manager Salary

10 - 14 years exp. (4 salaries)

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₹50 L/yr - ₹51 L/yr

arrow icon 1032% more
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DSP Mutual Fund Relationship Manager Salary

0 - 6 years exp. (4 salaries)

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₹7 L/yr - ₹9 L/yr

arrow icon 74% more
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Invesco Relationship Manager Salary

3 - 4 years exp. (3 salaries)

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₹8.5 L/yr - ₹10 L/yr

arrow icon 113% more
Relationship Manager salary at SBI Mutual Fund ranges between ₹2 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 179 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Relationship Manager

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9 years exp.
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Experience wise SBI Mutual Fund Relationship Manager salaries

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
Fresher  (13 salaries)

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₹2 L/yr - ₹4.4 L/yr
1 year  (25 salaries)

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₹2.2 L/yr - ₹5.2 L/yr
2 years  (30 salaries)

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₹2 L/yr - ₹6.5 L/yr
3 years  (25 salaries)

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₹2.2 L/yr - ₹7.4 L/yr
4 years  (28 salaries)

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₹2 L/yr - ₹6.7 L/yr
View all

Similar Designation salaries in SBI Mutual Fund

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₹2.5 L/yr - ₹5.5 L/yr
Branch Manager Salary
(27 salaries)
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₹4.45 L/yr - ₹10.75 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Deputy Manager Salary
(90 salaries)
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₹4.7 L/yr - ₹13.5 L/yr
Sales Manager Salary
(6 salaries)
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₹2.15 L/yr - ₹3.5 L/yr
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₹1.15 L/yr - ₹7 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹6.9 L/yr - ₹8.9 L/yr
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₹4.5 L/yr - ₹7 L/yr
Sales Engineer Salary
(AmbitionBox Estimate)
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₹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
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Salary related reviews for SBI Mutual Fund

3.0

Rated by 37 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...

read more
  • 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

 · 

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.

read more

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 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 ₹8.0 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 12% less than the average Relationship Manager Salary in India. Salary estimates are based on 179 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 12% 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 ₹8.0 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 ₹33,276 per month to ₹34,541 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 ₹8.0 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 salary in India ranges between ₹2 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 179 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.

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