SBI Mutual Fund Relationship Officer Salaries by 4 Employees

0 - 23 years exp.

₹2.5 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

44% more than the average Relationship Officer Salary in Financial Services Companies for 0 - 23 years of experience

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Last Updated: 1 Sep 2023

Companies similar to SBI Mutual Fund for Relationship Officer

Company name	Avg Annual Salary	Open Jobs
Axis Direct Relationship Officer Salary 0 - 10 years exp. (381 salaries)	₹1 L/yr - ₹7 L/yr 39% less
Aditya Birla SunLife Asset Management Company Relationship Officer Salary 0 - 3 years exp. (8 salaries)	₹2.3 L/yr - ₹2.5 L/yr 41% less
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Kotak Securities Relationship Officer Salary 0 - 3 years exp. (6 salaries)	₹2.5 L/yr - ₹3 L/yr 34% less
Sharekhan Relationship Officer Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹5.8 L/yr 14% more
Reliance Capital Relationship Officer Salary 0 - 12 years exp. (4 salaries)	₹1 L/yr - ₹8.8 L/yr 6% more

Relationship Officer salary at SBI Mutual Fund ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 23 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Mutual Fund.

Experience wise SBI Mutual Fund Relationship Officer salaries

Last Updated: 1 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
15+ years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for SBI Mutual Fund

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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SBI Mutual Fund Relationship Officer Salary FAQs

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

The average salary of a Relationship Officer at SBI Mutual Fund in India typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from Fresher to 23 years).

The top 10% of Relationship Officer at SBI Mutual Fund earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Relationship Officer Salaries at SBI Mutual Fund can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 SBI Mutual Fund employees in India.

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

The estimated take-home salary of a Relationship Officer at SBI Mutual Fund in India typically ranges from ₹30,937 to ₹32,237 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from Fresher to 23 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of SBI Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI Mutual Fund for Relationship Officer in India?

Sharekhan	₹2.3 Lakhs to ₹5.8 Lakhs per year
Reliance Capital	₹1.0 Lakhs to ₹8.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Mutual Fund, depending on the role and experience level.

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

The salary of a Relationship Officer at companies similar to SBI Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Securities	₹2.5 Lakhs to ₹3.0 Lakhs per year
Axis Direct	₹1.0 Lakhs to ₹7.0 Lakhs per year
Aditya Birla SunLife Asset Management Company	₹2.3 Lakhs to ₹2.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Relationship Officer at SBI Mutual Fund in India?

The salary growth for a Relationship Officer at SBI Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Relationship Officer can expect the following growth trajectory at SBI Mutual Fund:

Experience	Average Salary Range
Fresher	₹3.8 Lakhs to ₹4.8 Lakhs per year
1 year	₹5.0 Lakhs to ₹6.3 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
15 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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SBI Mutual Fund Relationship Officer Salaries

SBI Mutual Fund Relationship Officer salary in India ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.