SBI Securities Mumbai Assistant Manager Salaries by 40+ Employees (Updated 2025)

3 - 14 years exp.

₹3.5 Lakhs - ₹11.7 Lakhs

Salary of majority employees

14% less than the average Assistant Manager Salary in Financial Services Companies for 3 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 5 - 14 years exp. (15 salaries)	₹4.1 L/yr - ₹8 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 - 9 years exp. (5 salaries)	₹4 L/yr - ₹7.1 L/yr
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Product Management Assistant Manager Salary 4 - 8 years exp. (5 salaries)	₹6 L/yr - ₹10.3 L/yr
IT & Information Security Assistant Manager Salary 6 - 7 years exp. (3 salaries)	₹7 L/yr - ₹13 L/yr
Risk Management & Compliance Assistant Manager Salary 10 - 12 years exp. (3 salaries)	₹4.7 L/yr - ₹7.4 L/yr

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Last Updated: 25 Jan 2025

Companies similar to SBI Securities for Assistant Manager in Mumbai

SBI Securities Assistant Manager Salary

3 - 14 years exp. (46 salaries)

₹3.5 L/yr - ₹11.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Assistant Manager Salary 0 - 8 years exp. (233 salaries)	₹2.4 L/yr - ₹8 L/yr 41% less
Kotak Securities Assistant Manager Salary 0 - 7 years exp. (978 salaries)	₹1.8 L/yr - ₹5 L/yr 53% less	4 job openings
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ICICI Securities Assistant Manager Salary 0 - 8 years exp. (301 salaries)	₹3.2 L/yr - ₹7 L/yr 33% less
Axis Direct Assistant Manager Salary 4 - 15 years exp. (79 salaries)	₹3.3 L/yr - ₹8 L/yr 17% less
Angel One Assistant Manager Salary 2 - 10 years exp. (144 salaries)	₹2.6 L/yr - ₹8.2 L/yr 39% less
Citicorp Assistant Manager Salary 1 - 16 years exp. (1k salaries)	₹6.3 L/yr - ₹22.7 L/yr 79% more
BNP Paribas Assistant Manager Salary 5 - 15 years exp. (593 salaries)	₹6.5 L/yr - ₹24 L/yr 99% more	2 job openings
Motilal Oswal Financial Services Assistant Manager Salary 1 - 12 years exp. (459 salaries)	₹2.3 L/yr - ₹10.3 L/yr 22% less
Edelweiss Assistant Manager Salary 0 - 9 years exp. (328 salaries)	₹3.8 L/yr - ₹15 L/yr 23% more
Marsh McLennan Assistant Manager Salary 1 - 12 years exp. (188 salaries)	₹4.7 L/yr - ₹18.7 L/yr 58% more
HSBC Group Assistant Manager Salary 0 - 14 years exp. (136 salaries)	₹3.9 L/yr - ₹12.9 L/yr 16% more	6 job openings
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State Street Corporation Assistant Manager Salary 5 - 14 years exp. (69 salaries)	₹7.3 L/yr - ₹24.5 L/yr 124% more
Sharekhan Assistant Manager Salary 1 - 12 years exp. (57 salaries)	₹1.8 L/yr - ₹8.3 L/yr 19% less
Morgan Stanley Assistant Manager Salary 6 - 13 years exp. (26 salaries)	₹7 L/yr - ₹20.8 L/yr 85% more
American Express Assistant Manager Salary 2 - 6 years exp. (25 salaries)	₹11.5 L/yr - ₹36 L/yr 295% more
Reliance Securities Assistant Manager Salary 6 - 15 years exp. (20 salaries)	₹2.5 L/yr - ₹6 L/yr 42% less
UBS Assistant Manager Salary 4 - 12 years exp. (19 salaries)	₹8.3 L/yr - ₹18 L/yr 92% more
Morningstar Assistant Manager Salary 4 - 15 years exp. (16 salaries)	₹8 L/yr - ₹27 L/yr 136% more
Motilal Oswal Securities Assistant Manager Salary 2 - 12 years exp. (14 salaries)	₹1.8 L/yr - ₹7 L/yr 43% less
HDFC Sales Assistant Manager Salary 0 - 14 years exp. (13 salaries)	₹3 L/yr - ₹10.4 L/yr 10% less	1 job opening

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Assistant Manager salary at SBI Securities ranges between ₹3.5 Lakhs to ₹11.7 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 46 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Assistant Manager salaries in Mumbai

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹13.7 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.5 L/yr
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5 years (4 salaries)	₹4.5 L/yr - ₹13.4 L/yr
6 years (9 salaries)	₹4.1 L/yr - ₹13 L/yr
7 years (6 salaries)	₹4.5 L/yr - ₹11 L/yr
8 years (6 salaries)	₹4.7 L/yr - ₹9.5 L/yr
9 years (5 salaries)	₹4 L/yr - ₹8 L/yr
10 years (8 salaries)	₹3.5 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12.3 L/yr
13 years (3 salaries)	₹4.3 L/yr - ₹7.4 L/yr
14 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹12 L/yr

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Similar Designation salaries in SBI Securities

Relationship Manager Salary

(89 salaries)

₹1.2 L/yr - ₹6 L/yr

Deputy Manager Salary

(37 salaries)

₹5.09 L/yr - ₹15.7 L/yr

Sales Manager Salary

(23 salaries)

₹3.15 L/yr - ₹6.75 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹9.4 L/yr

Branch Manager Salary

(4 salaries)

₹6.65 L/yr - ₹10 L/yr

Top skills at SBI Securities for Assistant Manager

Settlements Exchange Payroll Processing UAT Payroll

Salary related reviews for SBI Securities

3.7

Rated by 5 employees for salary & benefits

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

Relationship Manager in Kota

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.

Operations Executive in Bhopal

Demat a/c Department

3.0

• posted on 09 Jun 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent

Job security - Good

+1 more

Dislikes

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

Promotions - Poor

Sales Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

5.0

• posted on 11 Jul 2020

3.0

for Salary and Benefits

Likes

Work environment is good and management also taking care in every aspect.

Skill development - Excellent

+4 more

Dislikes

So many politics was there in the company.Career growth is very very slow and salary hikes also not at all good.Appraiser rating was not given as per rating.In Management some are intentionally stop my growth.

Sales Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0

• posted on 29 Nov 2017

3.0

for Salary and Benefits

Likes

The company is open to innvoat tion and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base.i also like that employee rehire policy here.

Skill development - Good

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.

Work-life balance - Poor

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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SBI Securities Assistant Manager Salary FAQs

What is the salary of Assistant Manager at SBI Securities Mumbai?

Assistant Manager salary at SBI Securities in Mumbai ranges between ₹3.5 Lakhs to ₹11.7 Lakhs for experience between 3 years to 14 years. According to our estimates it is 14% less than the average Assistant Manager Salary in India. Salary estimates are based on 46 latest salaries received from various employees of SBI Securities Mumbai.

How does the salary of a Assistant Manager at SBI Securities Mumbai compare with the average salary range for this job?

The average salary of a Assistant Manager at SBI Securities is 14% less than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at SBI Securities?

Settlements, Exchange, Payroll Processing, UAT and Payroll are some of the popular skills required to work as a Assistant Manager at SBI Securities Mumbai.

Which similar companies are paying more than SBI Securities to a Assistant Manager in Mumbai?

American Express Assistant Manager Salary - ₹11.5 Lakhs to ₹36.0 Lakhs per year
Morningstar Assistant Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
State Street Corporation Assistant Manager Salary - ₹7.3 Lakhs to ₹24.5 Lakhs per year
BNP Paribas Assistant Manager Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
UBS Assistant Manager Salary - ₹8.3 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to SBI Securities in Mumbai?

Morgan Stanley Assistant Manager Salary - ₹7.0 Lakhs to ₹20.8 Lakhs per year
Citicorp Assistant Manager Salary - ₹6.3 Lakhs to ₹22.7 Lakhs per year
Marsh McLennan Assistant Manager Salary - ₹4.7 Lakhs to ₹18.7 Lakhs per year
Edelweiss Assistant Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
HSBC Group Assistant Manager Salary - ₹3.9 Lakhs to ₹12.9 Lakhs per year

What is the estimated take home salary of a Assistant Manager at SBI Securities in Mumbai?

The estimated take-home salary of a Assistant Manager at SBI Securities ranges between ₹53,380 per month to ₹54,710 per month in Mumbai. The take-home salary calculation is based on the average SBI Securities Assistant Manager salary in India which ranges between ₹3.5 Lakhs to ₹11.7 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at SBI Securities in Mumbai?

According to AmbitionBox, 57% of the SBI Securities Assistant Managers in Mumbai reported a notice period of 2 Months, 23% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 30 responses on AmbitionBox in last 2 years.

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SBI Securities Assistant Manager Salaries in Mumbai

SBI Securities Assistant Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹11.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 SBI Securities latest salaries received from various employees of SBI Securities.