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

10 - 15 years exp.

₹6.7 Lakhs - ₹10 Lakhs

Salary of majority employees

20% 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: 22 Mar 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
ICICI Securities Branch Manager Salary 2 - 11 years exp. (32 salaries)	₹5.1 L/yr - ₹8.6 L/yr 15% less
Kotak Securities Branch Manager Salary 7 - 11 years exp. (9 salaries)	₹5 L/yr - ₹11.1 L/yr 17% more
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Bajaj Capital Branch Manager Salary 7 - 10 years exp. (3 salaries)	₹3 L/yr - ₹7 L/yr 41% less
ICICI Bank Branch Manager Salary 5 - 20 years exp. (222 salaries)	₹6.3 L/yr - ₹25.1 L/yr 70% more
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (139 salaries)	₹7.5 L/yr - ₹25.6 L/yr 114% more	1 job opening

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: 22 Mar 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
11 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
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12 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
15+ years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 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

Sales Executive in Visakhapatnam

Full Time

Sales & Business Development Department

5.0

• posted on 19 Mar 2025

5.0

for Salary and Benefits

Likes

My work is in branch customer service and give them demat account and explained smart value plans this is my work. I like customer service.

Salary - Excellent

+3 more

Dislikes

...t value plans because customer not interested doing trading. this is my problem.salary is not good, promotions very slow, not permanently job role.

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

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a manager - business analyst

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 Branch Manager Salary FAQs

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

The average salary of a Branch Manager at SBI Securities in Mumbai typically ranges from ₹6.7 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Branch Manager in Mumbai at SBI Securities earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 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 4 SBI Securities employees in India.

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 in Mumbai typically ranges from ₹62,108 to ₹63,684 per month. This is based on the average salary range of ₹6.7 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 10 years to 15 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 4 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 in Mumbai?

To be a Branch Manager at SBI Securities in Mumbai, 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?

Kotak Mahindra Bank	₹7.5 Lakhs to ₹25.6 Lakhs per year
ICICI Bank	₹6.3 Lakhs to ₹25.1 Lakhs per year
Kotak Securities	₹5.0 Lakhs to ₹11.1 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 Mumbai?

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

ICICI Securities	₹5.1 Lakhs to ₹8.6 Lakhs per year
Bajaj Capital	₹3.0 Lakhs to ₹7.0 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 Mumbai?

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

Experience	Average Salary Range
10 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
11 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
12 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
13 years	₹7.6 Lakhs to ₹9.7 Lakhs per year

and so on.

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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.