SBI Securities Mumbai Deputy Branch Manager Salaries by 9 Employees (Updated 2025)

5 - 8 years exp.

₹4.9 Lakhs - ₹8.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

31% less than the average Deputy Branch Manager Salary in Financial Services Companies for 5 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Branch Manager Salary 6 - 8 years exp. (7 salaries)	₹5.5 L/yr - ₹8.1 L/yr
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Finance & Accounting Deputy Branch Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.6 L/yr

Last Updated: 3 Mar 2025

Companies similar to SBI Securities for Deputy Branch Manager in Mumbai

SBI Securities Deputy Branch Manager Salary

5 - 8 years exp. (9 salaries)

₹4.9 L/yr - ₹8.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Capital Deputy Branch Manager Salary 3 - 10 years exp. (7 salaries)	₹6 L/yr - ₹9.3 L/yr 43% more
ICICI Bank Deputy Branch Manager Salary 1 - 15 years exp. (366 salaries)	₹2.8 L/yr - ₹12.5 L/yr 40% more
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IndusInd Bank Deputy Branch Manager Salary 3 - 16 years exp. (95 salaries)	₹3.8 L/yr - ₹12.5 L/yr 56% more	99 job openings
Yes Bank Deputy Branch Manager Salary 1 - 17 years exp. (85 salaries)	₹4.6 L/yr - ₹13 L/yr 60% more	2 job openings
Kotak Mahindra Bank Deputy Branch Manager Salary 4 - 13 years exp. (32 salaries)	₹4.5 L/yr - ₹16 L/yr 97% more

Deputy Branch Manager salary at SBI Securities ranges between ₹4.9 Lakhs to ₹8.1 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Deputy Branch Manager salaries in Mumbai

Last Updated: 3 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
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7 years (4 salaries)	₹4.9 L/yr - ₹6.3 L/yr
8 years (3 salaries)	₹2.1 L/yr - ₹8.1 L/yr

Similar Designation salaries in SBI Securities

Relationship Manager Salary

(91 salaries)

₹2 L/yr - ₹5.2 L/yr

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

Branch Manager Salary

(4 salaries)

₹6.65 L/yr - ₹10 L/yr

Top skills at SBI Securities for Deputy Branch Manager

HNI Acquisition Revenue Generation Team Handling stock broking Team Building HNI Client Handling Third Party Products Equity Broking

Salary related reviews for SBI Securities

2.7

Rated by 4 employees for salary & benefits

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.

Sales Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0

• posted on 29 Nov 2017

3.0

for Salary and Benefits

Likes

The company is open to innvoat tion and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base.i also like that employee rehire policy here.

Skill development - Good

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.

Work-life balance - Poor

Relationship Manager in Krishnagar

BFSI, Investments & Trading Department

4.0

• posted on 15 Jan 2021

3.0

for Salary and Benefits

Likes

Job security is very good and culture also good but salary is very poor and increment very low .

Skill development - Excellent

+4 more

Dislikes

Our team leader qualifications is very low and culture is no good always use to slung language.But management is not necessary for that and they also not known about team leade's behaviour.

Promotions - Poor

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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 Deputy Branch Manager Salary FAQs

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

The average salary of a Deputy Branch Manager at SBI Securities in Mumbai typically ranges from ₹4.9 Lakhs to ₹8.1 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Deputy Branch Manager in Mumbai at SBI Securities earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. Deputy 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 9 SBI Securities employees in India.

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

The estimated take-home salary of a Deputy Branch Manager at SBI Securities in Mumbai typically ranges from ₹40,578 to ₹41,734 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹8.1 Lakhs per year for employees with experience ranging from 5 years to 8 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 9 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 Deputy Branch Manager at SBI Securities in Mumbai?

To be a Deputy Branch Manager at SBI Securities in Mumbai, the key skills required include:

- HNI Acquisition
- Revenue Generation
- Team Handling
- stock broking
- Team Building

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 Deputy Branch Manager in India?

Kotak Mahindra Bank	₹4.5 Lakhs to ₹16.0 Lakhs per year
Yes Bank	₹4.6 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank	₹3.8 Lakhs to ₹12.5 Lakhs per year
Bajaj Capital	₹6.0 Lakhs to ₹9.3 Lakhs per year
ICICI Bank	₹2.8 Lakhs to ₹12.5 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.

How the salary growth look like for a Deputy Branch Manager at SBI Securities in Mumbai?

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

Experience	Average Salary Range
5 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
8 years	₹2.1 Lakhs to ₹8.1 Lakhs per year

and so on.

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SBI Securities Deputy Branch Manager Salaries in Mumbai

SBI Securities Deputy Branch Manager salary in Mumbai ranges between ₹4.9 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 SBI Securities latest salaries received from various employees of SBI Securities.