SBI Securities ASM Salaries by 6 Employees

7 - 9 years exp.

₹3 Lakhs - ₹5.4 Lakhs

Low Confidence

Salary of majority employees

46% less than the average ASM Salary in Financial Services Companies for 7 - 9 years of experience

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Last Updated: 3 Aug 2024

Companies similar to SBI Securities for ASM

Company name	Avg Annual Salary	Open Jobs
Cholamandalam Investment & Finance ASM Salary 10 - 15 years exp. (10 salaries)	₹6.5 L/yr - ₹8.3 L/yr 107% more
Magma Housing Finance ASM Salary 7 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹9 L/yr 111% more
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UBS ASM Salary 7 - 9 years exp. (3 salaries)	₹27 L/yr - ₹30.3 L/yr 604% more
Axis Max Life Insurance ASM Salary 1 - 9 years exp. (115 salaries)	₹2.5 L/yr - ₹4.8 L/yr 7% less
Reliance Retail ASM Salary 4 - 15 years exp. (94 salaries)	₹1.8 L/yr - ₹10 L/yr 28% more

ASM salary at SBI Securities ranges between ₹3 Lakhs to ₹5.4 Lakhs per year for employees with experience between 7 years to 9 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities ASM salaries

Last Updated: 3 Aug 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr
8 years (3 salaries)	₹3.5 L/yr - ₹4.5 L/yr
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9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

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Salary related reviews for SBI Securities

2.6

Rated by 4 employees for salary & benefits

Senior Relationship Manager in Gandhinagar

Full Time

Finance & Accounting Department

1.0

• posted on 24 Feb 2024

1.0

for Salary and Benefits

Likes

Like nothing about the compny , don’t go there, Managemant are poor, not job secure. Bed experience for compny

Dislikes

...n they don’t approve it, they do it on the last day of the notice period nd they don’t give salary for 3 months.. Even if there is an incentive, everyone makes their own rules and cuts them without giving any information. Compny norms change any time nd without intimation. High pressure form top managemnt , Get fire anytime… Do not work in this company even by mistake. BM,CH,ZH all very bed person.. don’t think anything good for the employer Brings everyone into mental depression by pressuring work.

Salary - Bad

+6 more

Senior Relationship Manager in Kanpur

Full Time

Finance & Accounting Department

4.0

• posted on 28 Nov 2023

2.0

for Salary and Benefits

Likes

Its a Faithful Company with HNI Clients which help us to Improve ourselves

Job security - Excellent

+1 more

Dislikes

Promotion & Incrememt Policy and Salary Is very poor here at SBI. No one is taking care for old Employee who are working here from a long time .

Salary - Poor

+1 more

Asset Sales Executive in Jodhpur

Full Time

Finance & Accounting Department

2.0

• posted on 08 Jun 2023

4.0

for Salary and Benefits

Likes

All I can say is that it's a place where salary is credited on time.

Salary - Good

Dislikes

You need your authorities to take strict action against those who are torturing your employees.Boss here loves buttering nd want to target each of the employees for his personal reason.Focus onto business nd not in creating mess nd playing political games.

Skill development - Bad

+4 more

Sales Manager in Bangalore / Bengaluru

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

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

Salary - Bad

+2 more

Seles Executive in Bhavnagar

Other Department

5.0

• posted on 29 Jun 2022

5.0

for Salary and Benefits

Likes

job training, motivation, work culture, company management job security, team work good staff & good environment etc.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. salary is decent but career growth is slow .

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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 Securities ASM Salary FAQs

What is the salary of ASM at SBI Securities ?

The average salary of a ASM at SBI Securities in India typically ranges from ₹3.0 Lakhs to ₹5.4 Lakhs per year, depending on experience (from 7 years to 9 years).

The top 10% of ASM at SBI Securities earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.4 Lakhs per year. ASM 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 6 SBI Securities employees in India.

What is the estimated take home salary of a ASM at SBI Securities in India?

The estimated take-home salary of a ASM at SBI Securities in India typically ranges from ₹29,455 to ₹30,828 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.4 Lakhs per year for employees with experience ranging from 7 years to 9 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 6 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 ASM in India?

UBS	₹27.0 Lakhs to ₹30.3 Lakhs per year
Magma Housing Finance	₹7.3 Lakhs to ₹9.0 Lakhs per year
Cholamandalam Investment & Finance	₹6.5 Lakhs to ₹8.3 Lakhs per year
Reliance Retail	₹1.8 Lakhs to ₹10.0 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 ASM in companies similar to SBI Securities in India?

The salary of a ASM at companies similar to SBI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Max Life Insurance

₹2.5 Lakhs to ₹4.8 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 ASM at SBI Securities in India?

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

Experience	Average Salary Range
7 years	₹3.0 Lakhs to ₹5.6 Lakhs per year
8 years	₹3.5 Lakhs to ₹4.5 Lakhs per year
9 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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SBI Securities ASM Salaries

SBI Securities ASM salary in India ranges between ₹3 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI Securities latest salaries received from various employees of SBI Securities.