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SBI Mutual Fund Sales Executive salaries in Patna

Annual salary range
2 - 5 years exp.
₹2.4 Lakhs - ₹3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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14% less than the average Sales Executive Salary in Financial Services Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 18 Sep 2024

Companies similar to SBI Mutual Fund for Sales Executive in Patna

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SBI Mutual Fund Sales Executive Salary

2 - 5 years exp. (5 salaries)

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₹2.4 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Direct Sales Executive Salary

1 - 5 years exp. (6 salaries)

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₹1.1 L/yr - ₹2.5 L/yr

arrow icon 22% less
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₹1.1 L/yr - ₹3 L/yr

arrow icon 12% less
4 job openings
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Samsung Sales Executive Salary

1 - 11 years exp. (46 salaries)

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₹1.1 L/yr - ₹4.6 L/yr

arrow icon 12% more
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Paytm Sales Executive Salary

0 - 7 years exp. (33 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 7% more
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₹2.1 L/yr - ₹9 L/yr

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1 job opening
Sales Executive salary at SBI Mutual Fund ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Mutual Fund.

Latest annual salaries shared by SBI Mutual Fund Sales Executive in Patna

6mo ago
₹3 Lakhs
5 years exp.

Experience wise SBI Mutual Fund Sales Executive salaries in Patna

Last Updated: 18 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 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

4.0

Rated by 2 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...

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  • 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.

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  • 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.

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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.

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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 Sales Executive Salary FAQs

What is the salary of Sales Executive at SBI Mutual Fund in Patna?
The average salary of a Sales Executive at SBI Mutual Fund in Patna typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Sales Executive in Patna at SBI Mutual Fund earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Sales Executive 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 5 SBI Mutual Fund employees in India.
What is the estimated take home salary of a Sales Executive at SBI Mutual Fund in Patna?
The estimated take-home salary of a Sales Executive at SBI Mutual Fund in Patna typically ranges from ₹20,468 to ₹22,125 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 2 years to 5 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 5 salaries received from various employees of SBI Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Sales Executive at SBI Mutual Fund in Patna?
To be a Sales Executive at SBI Mutual Fund in Patna, the key skills required include:

  • - Relationship Building
  • - Channel Sales
  • - Business Planning
  • - Channel Development
  • - Customer Satisfaction

These skills are highly valued at SBI Mutual Fund and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Mutual Fund for Sales Executive in India?
Hindustan Coca Cola Beverages ₹2.1 Lakhs to ₹9.0 Lakhs per year
Samsung ₹1.1 Lakhs to ₹4.6 Lakhs per year
Paytm ₹1.5 Lakhs to ₹4.5 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 Sales Executive in companies similar to SBI Mutual Fund in Patna?
The salary of a Sales Executive at companies similar to SBI Mutual Fund in Patna varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank ₹1.1 Lakhs to ₹3.0 Lakhs per year
Axis Direct ₹1.1 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 Sales Executive at SBI Mutual Fund in Patna?
The salary growth for a Sales Executive at SBI Mutual Fund in Patna depends on factors such as experience, performance, and promotions. On average, a Sales Executive in Patna can expect the following growth trajectory at SBI Mutual Fund:

Experience Average Salary Range
2 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years ₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years ₹2.6 Lakhs to ₹3.4 Lakhs per year
5 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
and so on.

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SBI Mutual Fund Sales Executive salary in Patna ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.