SBI Securities Mumbai Branch Manager Salaries by 4 Employees (Updated 2025)

10 - 15 years exp.

₹6.7 Lakhs - ₹10 Lakhs

Salary of majority employees

28% less than the average Branch Manager Salary in Financial Services Companies for 10 - 15 years of experience

Interested in this particular role? 3 job openings

Last Updated: 28 Jan 2025

Companies similar to SBI Securities for Branch Manager in Mumbai

SBI Securities Branch Manager Salary

10 - 15 years exp. (4 salaries)

₹6.7 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Branch Manager Salary 4 - 18 years exp. (32 salaries)	₹5.5 L/yr - ₹13.1 L/yr 10% more	3 job openings
Kotak Securities Branch Manager Salary 7 - 16 years exp. (10 salaries)	₹5 L/yr - ₹11.5 L/yr 4% less
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ICICI Securities Branch Manager Salary 3 - 11 years exp. (32 salaries)	₹4 L/yr - ₹8.6 L/yr 5% less
Sharekhan Branch Manager Salary 9 - 17 years exp. (4 salaries)	₹12 L/yr - ₹14.3 L/yr 66% more	1 job opening
Angel One Branch Manager Salary 5 - 14 years exp. (16 salaries)	₹3.9 L/yr - ₹7.4 L/yr 22% less
Edelweiss Branch Manager Salary 5 - 12 years exp. (9 salaries)	₹4.2 L/yr - ₹10 L/yr 8% less	1 job opening
Motilal Oswal Financial Services Branch Manager Salary 8 - 16 years exp. (10 salaries)	₹4.8 L/yr - ₹11.5 L/yr 7% less

Branch Manager salary at SBI Securities ranges between ₹6.7 Lakhs to ₹10 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Branch Manager salaries in Mumbai

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹13.7 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹13.8 L/yr
14 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹8.4 L/yr
15+ years (AmbitionBox Estimate)	₹3.1 L/yr - ₹10 L/yr

View all

Similar Designation salaries in SBI Securities

Deputy Manager Salary

(40 salaries)

₹5.09 L/yr - ₹15.7 L/yr

Sales Manager Salary

(24 salaries)

₹3.15 L/yr - ₹6.75 L/yr

Deputy Branch Manager Salary

(9 salaries)

₹4.86 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

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

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

Salary - Bad

+6 more

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.

Skill development - Good

+4 more

Dislikes

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

Promotions - Poor

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Securities Branch Manager Salary FAQs

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

Branch Manager salary at SBI Securities in Mumbai ranges between ₹6.7 Lakhs to ₹10.0 Lakhs for experience between 10 years to 15 years. According to our estimates it is 28% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities Mumbai.

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

The average salary of a Branch Manager at SBI Securities is 28% less than the average salary of a Branch Manager in Mumbai. To know exact salary insights, login to view.

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

Team Handling, Branch Management, HNI Client Handling, Equity and stock broking are some of the popular skills required to work as a Branch Manager at SBI Securities Mumbai.

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

Sharekhan Branch Manager Salary - ₹12.0 Lakhs to ₹14.3 Lakhs per year
HDFC Securities Branch Manager Salary - ₹5.5 Lakhs to ₹13.1 Lakhs per year

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

Kotak Securities Branch Manager Salary - ₹5.0 Lakhs to ₹11.5 Lakhs per year
ICICI Securities Branch Manager Salary - ₹4.0 Lakhs to ₹8.6 Lakhs per year
Motilal Oswal Financial Services Branch Manager Salary - ₹4.8 Lakhs to ₹11.5 Lakhs per year
Edelweiss Branch Manager Salary - ₹4.2 Lakhs to ₹10.0 Lakhs per year
Angel One Branch Manager Salary - ₹3.9 Lakhs to ₹7.4 Lakhs per year

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

The estimated take-home salary of a Branch Manager at SBI Securities ranges between ₹56,957 per month to ₹58,387 per month in Mumbai. The take-home salary calculation is based on the average SBI Securities Branch Manager salary in India which ranges between ₹6.7 Lakhs to ₹10.0 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Securities Branch Managers in Mumbai reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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SBI Securities Branch Manager Salaries in Mumbai

SBI Securities Branch Manager salary in Mumbai ranges between ₹6.7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Securities latest salaries received from various employees of SBI Securities.