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SBI Mutual Fund

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SBI Mutual Fund Senior Manager Administration salaries in India

Annual salary range
17 - 22 years exp.
₹24 Lakhs - ₹25.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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67% more than the average Senior Manager Administration Salary in Financial Services Companies for 17 - 22 years of experience

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Companies similar to SBI Mutual Fund for Senior Manager Administration

Company name Avg Annual Salary Open Jobs
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₹20.5 L/yr - ₹26 L/yr

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₹7.3 L/yr - ₹11 L/yr

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₹12.4 L/yr - ₹16.2 L/yr

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₹10.9 L/yr - ₹18 L/yr

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HDFC Bank Senior Manager Administration Salary

11 - 32 years exp. (9 salaries)

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₹12 L/yr - ₹19.8 L/yr

arrow icon 44% less
Senior Manager Administration salary at SBI Mutual Fund ranges between ₹24 Lakhs to ₹25.9 Lakhs per year for employees with experience between 17 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Mutual Fund.

Experience wise SBI Mutual Fund Senior Manager Administration salaries

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Experience Avg Annual Salary
15+ years  (4 salaries)

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₹24 L/yr - ₹25.9 L/yr

Similar Designation salaries in SBI Mutual Fund

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₹78.9 L/yr - ₹87.2 L/yr
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₹10.2 L/yr - ₹13 L/yr
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₹3.8 L/yr - ₹4.8 L/yr
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₹6.9 L/yr - ₹8.9 L/yr
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₹11.7 L/yr - ₹15 L/yr

Salary related reviews for SBI Mutual Fund

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

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

 · 

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 Senior Manager Administration Salary FAQs

What is the salary of Senior Manager Administration at SBI Mutual Fund ?
The average salary of a Senior Manager Administration at SBI Mutual Fund in India typically ranges from ₹24.0 Lakhs to ₹25.9 Lakhs per year, depending on experience (from 17 years to 22 years).

The top 10% of Senior Manager Administration at SBI Mutual Fund earn more than ₹25.9 Lakhs per year, and the top 1% earn over ₹25.9 Lakhs per year. Senior Manager Administration 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 Senior Manager Administration at SBI Mutual Fund in India?
The estimated take-home salary of a Senior Manager Administration at SBI Mutual Fund in India typically ranges from ₹1,58,544 to ₹1,64,576 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹25.9 Lakhs per year for employees with experience ranging from 17 years to 22 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.
What is the salary of a Senior Manager Administration in companies similar to SBI Mutual Fund in India?
The salary of a Senior Manager Administration at companies similar to SBI Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Direct ₹20.5 Lakhs to ₹26.0 Lakhs per year
SBI Cards & Payment Services ₹12.4 Lakhs to ₹16.2 Lakhs per year
ICICI Prudential Life Insurance ₹10.9 Lakhs to ₹18.0 Lakhs per year
HDFC Bank ₹12.0 Lakhs to ₹19.8 Lakhs per year
Kotak Securities ₹7.3 Lakhs to ₹11.0 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 Senior Manager Administration at SBI Mutual Fund in India?
The salary growth for a Senior Manager Administration at SBI Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Senior Manager Administration can expect the following growth trajectory at SBI Mutual Fund:

Experience Average Salary Range
15 years ₹24.0 Lakhs to ₹25.9 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Mutual Fund Senior Manager Administration salary in India ranges between ₹24 Lakhs to ₹25.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.