SBI Securities Indore Branch Manager Salaries by 3 Employees (Updated 2024)

10 - 16 years exp.

₹4.4 Lakhs - ₹8.1 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Branch Manager Salary in Financial Services Companies for 10 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.1 L/yr
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Finance & Accounting Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹6.7 L/yr

Last Updated: 8 Apr 2024

Companies similar to SBI Securities for Branch Manager in Indore

SBI Securities Branch Manager Salary

10 - 16 years exp. (3 salaries)

₹4.4 L/yr - ₹8.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Branch Manager Salary 6 - 16 years exp. (4 salaries)	₹6.2 L/yr - ₹12 L/yr 18% more	1 job opening
ICICI Securities Branch Manager Salary 5 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹8.1 L/yr 6% more
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Reliance Securities Branch Manager Salary 10 - 15 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 27% less
IndusInd Bank Branch Manager Salary 6 - 17 years exp. (62 salaries)	₹4.9 L/yr - ₹18 L/yr 71% more	11 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 18 years exp. (55 salaries)	₹5.1 L/yr - ₹21.5 L/yr 79% more	2 job openings

Branch Manager salary at SBI Securities ranges between ₹4.4 Lakhs to ₹8.1 Lakhs per year for employees with experience between 10 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Branch Manager salaries in Indore

Last Updated: 8 Apr 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12.5 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
14 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
15+ years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.1 L/yr

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Similar Designation salaries in SBI Securities

Asset Sales Executive Salary

(4 salaries)

₹2.3 L/yr - ₹3 L/yr

Regional Head Salary

(4 salaries)

₹9.5 L/yr - ₹17 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

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.

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

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 .

Sales Executive in Hyderabad / Secunderabad

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

Dislikes

This company are disliked

Sales Manager in Chandigarh

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Jul 2024

1.0

for Salary and Benefits

Likes

...ife balance,lots of Pressure in Third party Insurance. No HR and Senior Support. No salary and Appraisals

Dislikes

No salary satisfaction and appraisal No HR and Senior support Pressure of Selling of third party products like mutual funds, General Insurance/Health, Brokerage Customer Requirement

Sales Executive in Jaipur

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.

Dislikes

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

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Securities Branch Manager Salary FAQs

What is the notice period for Branch Manager at SBI Securities in Indore?

According to AmbitionBox, 100% of the SBI Securities Branch Managers in Indore reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Securities Branch Manager Salaries in Indore

SBI Securities Branch Manager salary in Indore ranges between ₹4.4 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Securities latest salaries received from various employees of SBI Securities.