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SBI Securities

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SBI Securities Area Manager salaries in India

Annual salary range
9 - 15 years exp.
₹5.4 Lakhs - ₹9.1 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.
Salary of majority employees
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19% less than the average Area Manager Salary in Financial Services Companies for 9 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Manager Salary
9 - 15 years exp. (4 salaries)
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₹8.2 L/yr - ₹9.1 L/yr

Product Management
Area Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 11 Mar 2023

Companies similar to SBI Securities for Area Manager

Company name Avg Annual Salary Open Jobs
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HDFC Sales Area Manager Salary

6 - 16 years exp. (136 salaries)

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₹3.8 L/yr - ₹14.2 L/yr

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₹5.1 L/yr - ₹16.5 L/yr

arrow icon 27% more
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ICICI Securities Area Manager Salary

10 - 18 years exp. (12 salaries)

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₹5.8 L/yr - ₹13 L/yr

arrow icon 18% more
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Kotak Securities Area Manager Salary

10 - 16 years exp. (9 salaries)

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₹9 L/yr - ₹18.5 L/yr

arrow icon 49% more
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Motilal Oswal Area Manager Salary

1 - 5 years exp. (9 salaries)

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₹3.6 L/yr - ₹7.2 L/yr

arrow icon 39% less
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Citicorp Area Manager Salary

3 - 13 years exp. (7 salaries)

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₹12.5 L/yr - ₹15 L/yr

arrow icon 78% more
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Bajaj Capital Area Manager Salary

9 - 13 years exp. (3 salaries)

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₹4.2 L/yr - ₹5.5 L/yr

arrow icon 41% less
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American Express Area Manager Salary

2 - 6 years exp. (3 salaries)

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₹2.2 L/yr - ₹3 L/yr

arrow icon 65% less
Area Manager salary at SBI Securities ranges between ₹5.4 Lakhs to ₹9.1 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Securities.

Latest annual salaries shared by SBI Securities Area Manager

1y ago
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12 years exp.
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13 years exp.
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9 years exp.
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15 years exp.
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12 years exp.

Experience wise SBI Securities Area Manager salaries

Last Updated: 11 Mar 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹9.3 L/yr
11 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
12 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹8.3 L/yr
View all

Similar Designation salaries in SBI Securities

Sales Manager Salary
(196 salaries)
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₹2.4 L/yr - ₹6.75 L/yr
Branch Manager Salary
(66 salaries)
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₹3.7 L/yr - ₹10 L/yr
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₹2.05 L/yr - ₹6.75 L/yr
Cluster Manager Salary
(13 salaries)
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₹6 L/yr - ₹8.68 L/yr
Deputy Manager Salary
(46 salaries)
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₹5.09 L/yr - ₹16 L/yr
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₹14 L/yr - ₹23 L/yr
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₹2.4 L/yr - ₹3.25 L/yr
Business Manager Salary
(AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr
Team Lead Salary
(22 salaries)
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₹3.5 L/yr - ₹9.4 L/yr
Sales Officer Salary
(124 salaries)
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₹1.6 L/yr - ₹3.5 L/yr

Salary related reviews for SBI Securities

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 19 Mar 2025

5.0
 for  Salary and Benefits

Likes

My work is in branch customer service and give them demat account and explained smart value plans this is my work. I like customer service.

read more
  • Salary - Excellent
  • +3 more

Dislikes

...t value plans because customer not interested doing trading. this is my problem.salary is not good, promotions very slow, not permanently job role.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 10 Oct 2023

1.0
 for  Salary and Benefits

Likes

No writing west company no one told previous joining after joining u did not notice period serving u have pay thuthupalish company get way I'm really soryy I'm working in this company bye forever

read more

Dislikes

This company are disliked

  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 30 Aug 2022

3.0
 for  Salary and Benefits

Likes

Timely salary, Easily and achievable targets, Best part is its process and working, High authorities are always supported, Office head also very supportive person.

read more
  • Skill development - Good
  • +4 more

Dislikes

Inner politics, team leaders attitude towards employee, SM is not trustable.

  • Promotions - Poor

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 18 Sep 2020

1.0
 for  Salary and Benefits

Likes

Good work environment and culture . Teammates are supporting well no salary deduction in covid -19,Thanks for company supporting in creitacal situation ,my request is salary correction

read more
  • Skill development - Excellent
  • +2 more

Dislikes

I have 6yers experience hear but salary not satisfied ,new joinee are getting more then me almost double for same position There is a bond of 6 years with this company

read more
  • Salary - Bad
  • +2 more

Sales & Business Development Department

5.0
  •  posted on 06 Jan 2022

3.0
 for  Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management is transparent

  • Skill development - Good
  • +5 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign.On the job training is not given to new joiners.

read more
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SBI Securities Area Manager Salary FAQs

What is the salary of Area Manager at SBI Securities ?
The average salary of a Area Manager at SBI Securities in India typically ranges from ₹5.4 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Area Manager at SBI Securities earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Area Manager Salaries at SBI Securities 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 Securities employees in India.
What is the estimated take home salary of a Area Manager at SBI Securities in India?
The estimated take-home salary of a Area Manager at SBI Securities in India typically ranges from ₹58,124 to ₹59,588 per month. This is based on the average salary range of ₹5.4 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 9 years to 15 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 Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Securities for Area Manager in India?
Citicorp ₹12.5 Lakhs to ₹15.0 Lakhs per year
Kotak Securities ₹9.0 Lakhs to ₹18.5 Lakhs per year
Cholamandalam Investment & Finance ₹5.1 Lakhs to ₹16.5 Lakhs per year
ICICI Securities ₹5.8 Lakhs to ₹13.0 Lakhs per year
HDFC Sales ₹3.8 Lakhs to ₹14.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Securities, depending on the role and experience level.
What is the salary of a Area Manager in companies similar to SBI Securities in India?
The salary of a Area Manager at companies similar to SBI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Motilal Oswal ₹3.6 Lakhs to ₹7.2 Lakhs per year
Bajaj Capital ₹4.2 Lakhs to ₹5.5 Lakhs per year
American Express ₹2.2 Lakhs to ₹3.0 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 Area Manager at SBI Securities in India?
The salary growth for a Area Manager at SBI Securities depends on factors such as experience, performance, and promotions. On average, a Area Manager can expect the following growth trajectory at SBI Securities:

Experience Average Salary Range
9 years ₹3.3 Lakhs to ₹9.1 Lakhs per year
10 years ₹7.3 Lakhs to ₹9.3 Lakhs per year
11 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
12 years ₹5.4 Lakhs to ₹8.2 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Securities Area Manager salary in India ranges between ₹5.4 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 SBI Securities latest salaries received from various employees of SBI Securities.