SBI Mutual Fund Team Manager Salaries by 3 Employees

3 - 5 years exp.

₹12.6 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

6% less than the average Team Manager Salary in Financial Services Companies for 3 - 5 years of experience

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Last Updated: 28 Oct 2023

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Team Manager salary at SBI Mutual Fund ranges between ₹12.6 Lakhs to ₹18 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Mutual Fund.

Experience wise SBI Mutual Fund Team Manager salaries

Last Updated: 28 Oct 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
4 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
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5 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr

Similar Designation salaries in SBI Mutual Fund

Area Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Branch Manager Salary

(27 salaries)

₹4.45 L/yr - ₹11.3 L/yr

Deputy Manager Salary

(89 salaries)

₹4.7 L/yr - ₹13.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Project Manager Salary

(3 salaries)

₹6.3 L/yr - ₹15.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Relationship Manager Salary

(179 salaries)

₹2 L/yr - ₹8 L/yr

Salary related reviews for SBI Mutual Fund

4.4

Rated by 3 employees for salary & benefits

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.

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

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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a manager - business analyst

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 Team Manager Salary FAQs

How the salary growth look like for a Team Manager at SBI Mutual Fund in India?

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

Experience	Average Salary Range
3 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
4 years	₹14.2 Lakhs to ₹18.1 Lakhs per year
5 years	₹12.2 Lakhs to ₹15.6 Lakhs per year

and so on.

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SBI Mutual Fund Team Manager Salaries

SBI Mutual Fund Team Manager salary in India ranges between ₹12.6 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Mutual Fund latest salaries received from various employees of SBI Mutual Fund.

SBI Mutual Fund Team Manager salaries in India

Companies similar to SBI Mutual Fund for Team Manager

Latest annual salaries shared by SBI Mutual Fund Team Manager

Experience wise SBI Mutual Fund Team Manager salaries

Similar Designation salaries in SBI Mutual Fund

Salary related reviews for SBI Mutual Fund

Deputy Manager in Chennai

Assistant Rms Manager in Thiruvananthapuram

Manager in Pune

Sales Executive in Bhubaneswar

Customer Service Executive in Museum Road Bangalore

SBI Mutual Fund Team Manager Salary FAQs

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