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SBI Securities

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SBI Securities Branch Manager salaries in India (Updated 2025)

Annual salary range
9 - 20 years exp.
₹3.7 Lakhs - ₹10 Lakhs
Salary of majority employees
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22% less than the average Branch Manager Salary in Financial Services Companies for 9 - 20 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading
Branch Manager Salary
9 - 20 years exp. (35 salaries)
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₹3.7 L/yr - ₹10 L/yr

Sales & Business Development
Branch Manager Salary
9 - 18 years exp. (12 salaries)
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₹5.5 L/yr - ₹9 L/yr

Customer Success, Service & Operations
Branch Manager Salary
10 - 17 years exp. (8 salaries)
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₹5 L/yr - ₹9 L/yr

Finance & Accounting
Branch Manager Salary
10 - 11 years exp. (AmbitionBox Estimate)
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₹4.4 L/yr - ₹6.1 L/yr

Strategic & Top Management
Branch Manager Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.7 L/yr

Last Updated: 17 Mar 2025

Companies similar to SBI Securities for Branch Manager

Company name Avg Annual Salary Open Jobs
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HDFC Securities Branch Manager Salary

4 - 18 years exp. (180 salaries)

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₹4.4 L/yr - ₹13.1 L/yr

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5 job openings
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Kotak Securities Branch Manager Salary

7 - 19 years exp. (151 salaries)

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₹4.1 L/yr - ₹12 L/yr

arrow icon 1% less
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ICICI Securities Branch Manager Salary

2 - 11 years exp. (158 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 1% more
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Axis Direct Branch Manager Salary

9 - 19 years exp. (22 salaries)

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₹5.8 L/yr - ₹15 L/yr

arrow icon 35% more
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Sharekhan Branch Manager Salary

9 - 19 years exp. (59 salaries)

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₹5.1 L/yr - ₹14.3 L/yr

arrow icon 35% more
1 job opening
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Angel One Branch Manager Salary

5 - 14 years exp. (51 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 14% less
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₹2.3 L/yr - ₹11.9 L/yr

arrow icon 12% less
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Edelweiss Branch Manager Salary

5 - 18 years exp. (128 salaries)

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₹3.5 L/yr - ₹11.1 L/yr

arrow icon 1% more
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Reliance Securities Branch Manager Salary

5 - 15 years exp. (16 salaries)

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₹3.1 L/yr - ₹8.3 L/yr

arrow icon 20% less
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Karvy Stock Broking Branch Manager Salary

8 - 17 years exp. (6 salaries)

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₹2.1 L/yr - ₹4.4 L/yr

arrow icon 40% less
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₹3.5 L/yr - ₹10.5 L/yr

arrow icon 9% less
1 job opening
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₹4.5 L/yr - ₹12 L/yr

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Citicorp Branch Manager Salary

2 - 21 years exp. (5 salaries)

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₹8 L/yr - ₹21 L/yr

arrow icon 104% more
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HSBC Group Branch Manager Salary

1 - 9 years exp. (5 salaries)

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₹10.5 L/yr - ₹15.4 L/yr

arrow icon 76% more
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HDFC Sales Branch Manager Salary

5 - 10 years exp. (4 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 47% less
Branch Manager salary at SBI Securities ranges between ₹3.7 Lakhs to ₹10 Lakhs per year for employees with experience between 9 years to 20 years. Salary estimates are based on 67 latest salaries received from various employees of SBI Securities.

Latest annual salaries shared by SBI Securities Branch Manager

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9 years exp.
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17 years exp.
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14 years exp.

Experience wise SBI Securities Branch Manager salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
9 years  (4 salaries)

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₹5.5 L/yr - ₹8 L/yr
10 years  (10 salaries)

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₹4 L/yr - ₹9 L/yr
11 years  (7 salaries)

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₹4.5 L/yr - ₹9 L/yr
12 years  (8 salaries)

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₹4 L/yr - ₹9.4 L/yr
13 years  (5 salaries)

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₹3.7 L/yr - ₹9 L/yr
View all

Similar Designation salaries in SBI Securities

Area Manager Salary
(5 salaries)
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₹5.4 L/yr - ₹9.1 L/yr
Credit Manager Salary
(4 salaries)
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₹2.5 L/yr - ₹11 L/yr
Sales Manager Salary
(193 salaries)
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₹2.4 L/yr - ₹6.75 L/yr
Branch Incharge Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Branch Head Salary
(7 salaries)
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₹5.6 L/yr - ₹10.15 L/yr
Deputy Manager Salary
(46 salaries)
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₹5.09 L/yr - ₹16 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹9.3 L/yr - ₹11.8 L/yr
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₹3.75 L/yr - ₹7.5 L/yr
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₹4.9 L/yr - ₹6 L/yr
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₹3.92 L/yr - ₹8.14 L/yr

Top skills at SBI Securities for Branch Manager

Team Handling Branch Management HNI Client Handling Equity stock broking Revenue Generation Equity Broking Trading broking NISM Team Leading HNI Acquisition Branch Handling Dealing Mutual Funds

Salary related reviews for SBI Securities

4.0

Rated by 24 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +6 more

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 .

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  • Salary - Poor
  • +1 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

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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

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  • 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
see more salary related reviews

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SBI Securities Branch Manager Salary FAQs

What is the salary of Branch Manager at SBI Securities ?
The average salary of a Branch Manager at SBI Securities in India typically ranges from ₹3.7 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 9 years to 20 years).

The top 10% of Branch Manager at SBI Securities earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.9 Lakhs per year. Branch 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 60+ SBI Securities employees in India.
What is the estimated take home salary of a Branch Manager at SBI Securities in India?
The estimated take-home salary of a Branch Manager at SBI Securities in India typically ranges from ₹53,399 to ₹54,728 per month. This is based on the average salary range of ₹3.7 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 9 years to 20 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 60+ salaries received from various employees of SBI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Manager at SBI Securities ?
To be a Branch Manager at SBI Securities in india, the key skills required include:

  • - Team Handling
  • - Branch Management
  • - HNI Client Handling
  • - Equity
  • - stock broking

These skills are highly valued at SBI Securities and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Securities for Branch Manager in India?
Citicorp ₹8.0 Lakhs to ₹21.0 Lakhs per year
HSBC Group ₹10.5 Lakhs to ₹15.4 Lakhs per year
Axis Direct ₹5.8 Lakhs to ₹15.0 Lakhs per year
Sharekhan ₹5.1 Lakhs to ₹14.3 Lakhs per year
HDFC Securities ₹4.4 Lakhs to ₹13.1 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 Branch Manager in companies similar to SBI Securities in India?
The salary of a Branch Manager at companies similar to SBI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Securities ₹4.0 Lakhs to ₹10.0 Lakhs per year
Edelweiss ₹3.5 Lakhs to ₹11.1 Lakhs per year
Kotak Securities ₹4.1 Lakhs to ₹12.0 Lakhs per year
Motilal Oswal Financial Services ₹4.5 Lakhs to ₹12.0 Lakhs per year
Cholamandalam Investment & Finance ₹3.5 Lakhs to ₹10.5 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 Branch Manager at SBI Securities in India?
The salary growth for a Branch Manager at SBI Securities depends on factors such as experience, performance, and promotions. On average, a Branch Manager can expect the following growth trajectory at SBI Securities:

Experience Average Salary Range
9 years ₹5.5 Lakhs to ₹8.0 Lakhs per year
10 years ₹4.0 Lakhs to ₹9.0 Lakhs per year
11 years ₹4.5 Lakhs to ₹9.0 Lakhs per year
12 years ₹4.0 Lakhs to ₹9.4 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Securities Branch Manager salary in India ranges between ₹3.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 67 SBI Securities latest salaries received from various employees of SBI Securities.