SBI Mutual Fund Sales Executive Salaries by 60+ Employees (Updated 2025)

0 - 5 years exp.

₹2 Lakhs - ₹4.5 Lakhs

Salary of majority employees

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At par with the average Sales Executive Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development Sales Executive Salary 0 - 5 years exp. (23 salaries)	Unlock ₹2 L/yr - ₹3.9 L/yr
BFSI, Investments & Trading Sales Executive Salary 0 - 5 years exp. (13 salaries)	Unlock ₹2.2 L/yr - ₹4.2 L/yr
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Marketing & Communication Sales Executive Salary 0 - 4 years exp. (7 salaries)	Unlock ₹2.1 L/yr - ₹3.2 L/yr
Finance & Accounting Sales Executive Salary 1 - 2 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹4 L/yr
Customer Success, Service & Operations Sales Executive Salary 3 - 5 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹3 L/yr

Last Updated: 18 Sep 2024

Companies similar to SBI Mutual Fund for Sales Executive

Company name	Avg Annual Salary	Open Jobs
ICICI Prudential Mutual Fund Sales Executive Salary 1 - 5 years exp. (13 salaries)	Unlock ₹3.5 L/yr - ₹5 L/yr 17% more
Axis Mutual Fund Sales Executive Salary 3 - 10 years exp. (4 salaries)	Unlock ₹2.6 L/yr - ₹4.2 L/yr 15% more
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Kotak Mahindra Bank Sales Executive Salary 0 - 6 years exp. (805 salaries)	Unlock ₹1 L/yr - ₹5 L/yr 9% less
UTI Mutual Fund Sales Executive Salary 0 - 9 years exp. (4 salaries)	Unlock ₹1.6 L/yr - ₹4 L/yr 25% less
IDFC Mutual Fund Sales Executive Salary 1 - 7 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹3 L/yr 24% less
L&T Finance Sales Executive Salary 0 - 9 years exp. (133 salaries)	Unlock ₹1.3 L/yr - ₹3.5 L/yr 26% less
Sharekhan Sales Executive Salary 0 - 7 years exp. (280 salaries)	Unlock ₹1.2 L/yr - ₹4.3 L/yr 5% less
Axis Direct Sales Executive Salary 1 - 6 years exp. (243 salaries)	Unlock ₹1 L/yr - ₹4.1 L/yr 25% less
Kotak Securities Sales Executive Salary 0 - 5 years exp. (17 salaries)	Unlock ₹1.4 L/yr - ₹3.9 L/yr 14% less
Reliance Capital Sales Executive Salary 0 - 6 years exp. (11 salaries)	Unlock ₹1.1 L/yr - ₹4 L/yr 34% less
Nippon Life India Asset Management Sales Executive Salary 0 - 4 years exp. (10 salaries)	Unlock ₹1.8 L/yr - ₹2.7 L/yr 24% less
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Fidelity International Sales Executive Salary 1 - 7 years exp. (4 salaries)	Unlock ₹1.1 L/yr - ₹3.5 L/yr 33% less
Morningstar Sales Executive Salary 0 - 4 years exp. (3 salaries)	Unlock ₹1.4 L/yr - ₹4.2 L/yr 6% less

Sales Executive salary at SBI Mutual Fund ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 64 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Sales Executive

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5 years exp.

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1 year exp.

6mo ago

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1 year exp.

6mo ago

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2 years exp.

8mo ago

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2 years exp.

9mo ago

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2 years exp.

10mo ago

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5 years exp.

10mo ago

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7 months exp.

11mo ago

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2 years exp.

Experience wise SBI Mutual Fund Sales Executive salaries

Last Updated: 18 Sep 2024

Experience	Avg Annual Salary
Fresher (7 salaries)	Unlock ₹2 L/yr - ₹4.2 L/yr
1 year (9 salaries)	Unlock ₹2.4 L/yr - ₹4 L/yr
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2 years (10 salaries)	Unlock ₹2.2 L/yr - ₹3.9 L/yr
3 years (16 salaries)	Unlock ₹2.1 L/yr - ₹4.5 L/yr
4 years (12 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr
5 years (10 salaries)	Unlock ₹2.5 L/yr - ₹4.5 L/yr

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Similar Designation salaries in SBI Mutual Fund

Area Sales Executive Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4 L/yr

Marketing Executive Salary

(AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr

Customer Executive Salary

(4 salaries)

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₹2 L/yr - ₹3 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr

Sales Engineer Salary

(AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr

Sales Officer Salary

(4 salaries)

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₹1.45 L/yr - ₹3 L/yr

Sales Associate Salary

(5 salaries)

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₹2 L/yr - ₹3.5 L/yr

Sales Representative Salary

(AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Sales Manager Salary

(6 salaries)

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₹2.15 L/yr - ₹3.5 L/yr

Territory Sales Executive Salary

(AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Top skills at SBI Mutual Fund for Sales Executive

Relationship Building Channel Sales Business Planning Channel Development Customer Satisfaction Mutual Funds Sales Executive Activities Client Acquisition Taxation Account Management Sales Database NISM Communication Skills Networking

Salary related reviews for SBI Mutual Fund

3.4

Rated by 15 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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Salary Discussions, Hike & Promotions

2w (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... read more

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SBI Mutual Fund Sales Executive Salary FAQs

What is the salary of Sales Executive at SBI Mutual Fund?

Sales Executive salary at SBI Mutual Fund in India ranges between ₹2.0 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 1% less than the average Sales Executive Salary in India. Salary estimates are based on 64 latest salaries received from various employees of SBI Mutual Fund India.

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

The average salary of a Sales Executive at SBI Mutual Fund is 1% less than the average salary of a Sales Executive in India. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Executive at SBI Mutual Fund?

Relationship Building, Channel Sales, Business Planning, Channel Development and Customer Satisfaction are some of the popular skills required to work as a Sales Executive at SBI Mutual Fund India.

Which similar companies are paying more than SBI Mutual Fund to a Sales Executive in India?

ICICI Prudential Mutual Fund Sales Executive Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year
Axis Mutual Fund Sales Executive Salary - ₹2.6 Lakhs to ₹4.2 Lakhs per year

What is the salary of a Sales Executive in companies similar to SBI Mutual Fund in India?

Sharekhan Sales Executive Salary - ₹1.2 Lakhs to ₹4.3 Lakhs per year
Morningstar Sales Executive Salary - ₹1.4 Lakhs to ₹4.2 Lakhs per year
Kotak Mahindra Bank Sales Executive Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
Kotak Securities Sales Executive Salary - ₹1.4 Lakhs to ₹3.9 Lakhs per year
Nippon Life India Asset Management Sales Executive Salary - ₹1.8 Lakhs to ₹2.7 Lakhs per year

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

The estimated take-home salary of a Sales Executive at SBI Mutual Fund ranges between ₹22,520 per month to ₹23,995 per month in India. The take-home salary calculation is based on the average SBI Mutual Fund Sales Executive salary in India which ranges between ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Sales Executive at SBI Mutual Fund?

According to AmbitionBox, 69% of the SBI Mutual Fund Sales Executives reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

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SBI Mutual Fund Sales Executive Salaries

SBI Mutual Fund Sales Executive salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 64 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.