SBI Securities Channel Sales Manager Salaries by 4 Employees

5 - 10 years exp.

₹4.4 Lakhs - ₹6.8 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Channel Sales Manager Salary in Financial Services Companies for 5 - 10 years of experience

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Last Updated: 19 Jan 2024

Companies similar to SBI Securities for Channel Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Channel Sales Manager Salary 0 - 8 years exp. (14 salaries)	₹2.2 L/yr - ₹5.5 L/yr 27% less
Edelweiss Channel Sales Manager Salary 6 - 11 years exp. (3 salaries)	₹5.5 L/yr - ₹13.5 L/yr 58% more
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American Express Channel Sales Manager Salary 5 - 14 years exp. (39 salaries)	₹7 L/yr - ₹25 L/yr 191% more
Citicorp Channel Sales Manager Salary 6 - 11 years exp. (10 salaries)	₹10 L/yr - ₹23.5 L/yr 165% more
Tata AIG Channel Sales Manager Salary 0 - 11 years exp. (994 salaries)	₹2 L/yr - ₹8 L/yr 15% less	57 job openings

Channel Sales Manager salary at SBI Securities ranges between ₹4.4 Lakhs to ₹6.8 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Channel Sales Manager salaries

Last Updated: 19 Jan 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in SBI Securities

Senior Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹6 L/yr

Area Sales Manager Salary

(17 salaries)

₹2.05 L/yr - ₹6.75 L/yr

Sales Manager Salary

(193 salaries)

₹2.4 L/yr - ₹6.75 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹4 L/yr - ₹4.5 L/yr

Territory Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹5.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Regional Manager Salary

(4 salaries)

₹14 L/yr - ₹23 L/yr

Branch Manager Salary

(67 salaries)

₹3.7 L/yr - ₹10 L/yr

Area Manager Salary

(5 salaries)

₹5.4 L/yr - ₹9.1 L/yr

Marketing Manager Salary

(4 salaries)

₹2.4 L/yr - ₹3.25 L/yr

Salary related reviews for SBI Securities

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

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.

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.

see more salary related reviews

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SBI Securities Channel Sales Manager Salary FAQs

What is the salary of Channel Sales Manager at SBI Securities ?

The average salary of a Channel Sales Manager at SBI Securities in India typically ranges from ₹4.4 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Channel Sales Manager at SBI Securities earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Channel Sales 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 Channel Sales Manager at SBI Securities in India?

The estimated take-home salary of a Channel Sales Manager at SBI Securities in India typically ranges from ₹39,773 to ₹40,941 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 5 years to 10 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.

Which companies offer higher salaries than SBI Securities for Channel Sales Manager in India?

American Express	₹7.0 Lakhs to ₹25.0 Lakhs per year
Citicorp	₹10.0 Lakhs to ₹23.5 Lakhs per year
Edelweiss	₹5.5 Lakhs to ₹13.5 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 Channel Sales Manager in companies similar to SBI Securities in India?

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

Tata AIG	₹2.0 Lakhs to ₹8.0 Lakhs per year
ICICI Securities	₹2.2 Lakhs to ₹5.5 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 Channel Sales Manager at SBI Securities in India?

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

Experience	Average Salary Range
5 years	₹6.1 Lakhs to ₹7.8 Lakhs per year
8 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
9 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
10 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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SBI Securities Channel Sales Manager Salaries

SBI Securities Channel Sales Manager salary in India ranges between ₹4.4 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Securities latest salaries received from various employees of SBI Securities.

SBI Securities Channel Sales Manager salaries in India

Companies similar to SBI Securities for Channel Sales Manager

Latest annual salaries shared by SBI Securities Channel Sales Manager

Experience wise SBI Securities Channel Sales Manager salaries

Similar Designation salaries in SBI Securities

Salary related reviews for SBI Securities

Sales Executive in Hyderabad / Secunderabad

Sales Executive in Jaipur

Sales Manager in Bangalore / Bengaluru

Relationship Manager in Kota

Sales Manager in Hyderabad / Secunderabad

SBI Securities Channel Sales Manager Salary FAQs

Tell us how to improve this page.