SBI Securities Deputy Manager Salaries by 40+ Employees (Updated 2025)

6 - 16 years exp.

₹5.1 Lakhs - ₹16 Lakhs

Salary of majority employees

7% less than the average Deputy Manager Salary in Financial Services Companies for 6 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 8 - 15 years exp. (13 salaries)	₹5.1 L/yr - ₹12.8 L/yr
Finance & Accounting Deputy Manager Salary 6 - 16 years exp. (7 salaries)	₹6.5 L/yr - ₹13.3 L/yr
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Engineering - Hardware & Networks Deputy Manager Salary 8 - 9 years exp. (4 salaries)	₹8.7 L/yr - ₹15.7 L/yr
Sales & Business Development Deputy Manager Salary 8 - 14 years exp. (4 salaries)	₹6.6 L/yr - ₹8.7 L/yr
Data Science & Analytics Deputy Manager Salary 10 - 15 years exp. (3 salaries)	₹8.7 L/yr - ₹10 L/yr

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Last Updated: 12 Feb 2025

Companies similar to SBI Securities for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Deputy Manager Salary 4 - 12 years exp. (261 salaries)	₹3.2 L/yr - ₹10.2 L/yr 28% less
Kotak Securities Deputy Manager Salary 0 - 11 years exp. (1.6k salaries)	₹2 L/yr - ₹7.4 L/yr 49% less
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ICICI Securities Deputy Manager Salary 0 - 6 years exp. (24 salaries)	₹3.5 L/yr - ₹7 L/yr 41% less
Axis Direct Deputy Manager Salary 4 - 16 years exp. (130 salaries)	₹3.5 L/yr - ₹12 L/yr 15% less
Edelweiss Deputy Manager Salary 2 - 3 years exp. (4 salaries)	₹6 L/yr - ₹8.5 L/yr 10% less
HDFC Sales Deputy Manager Salary 3 - 13 years exp. (294 salaries)	₹2.5 L/yr - ₹9.8 L/yr 38% less	2 job openings
CAMS Deputy Manager Salary 4 - 20 years exp. (217 salaries)	₹3.5 L/yr - ₹11.1 L/yr 30% less
Angel One Deputy Manager Salary 2 - 10 years exp. (157 salaries)	₹3 L/yr - ₹10 L/yr 36% less
Cholamandalam Investment & Finance Deputy Manager Salary 0 - 12 years exp. (173 salaries)	₹2 L/yr - ₹9.6 L/yr 42% less
Marsh McLennan Deputy Manager Salary 5 - 16 years exp. (104 salaries)	₹7.9 L/yr - ₹22.5 L/yr 59% more
Karvy Stock Broking Deputy Manager Salary 1 - 16 years exp. (75 salaries)	₹2.4 L/yr - ₹8.5 L/yr 44% less
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Citicorp Deputy Manager Salary 4 - 12 years exp. (48 salaries)	₹5.7 L/yr - ₹16 L/yr 17% more
Sharekhan Deputy Manager Salary 6 - 15 years exp. (44 salaries)	₹4.5 L/yr - ₹10 L/yr 19% less
Reliance Securities Deputy Manager Salary 3 - 16 years exp. (28 salaries)	₹4.4 L/yr - ₹9.4 L/yr 29% less
State Street Corporation Deputy Manager Salary 9 - 17 years exp. (31 salaries)	₹9.4 L/yr - ₹15.1 L/yr 33% more
American Express Deputy Manager Salary 1 - 11 years exp. (19 salaries)	₹4.1 L/yr - ₹11 L/yr 18% less
BNP Paribas Deputy Manager Salary 4 - 15 years exp. (18 salaries)	₹10 L/yr - ₹20 L/yr 74% more
Motilal Oswal Financial Services Deputy Manager Salary 0 - 11 years exp. (14 salaries)	₹3.1 L/yr - ₹8 L/yr 41% less
HSBC Group Deputy Manager Salary 0 - 10 years exp. (16 salaries)	₹6 L/yr - ₹8.8 L/yr 8% less
Morgan Stanley Deputy Manager Salary 2 - 13 years exp. (7 salaries)	₹5 L/yr - ₹19.3 L/yr 21% more

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Deputy Manager salary at SBI Securities ranges between ₹5.1 Lakhs to ₹16 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 46 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Deputy Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹14.4 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹13 L/yr
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8 years (5 salaries)	₹5.1 L/yr - ₹13 L/yr
9 years (7 salaries)	₹7 L/yr - ₹15.7 L/yr
10 years (9 salaries)	₹6 L/yr - ₹12.5 L/yr
11 years (4 salaries)	₹7 L/yr - ₹14 L/yr
12 years (5 salaries)	₹7.6 L/yr - ₹14 L/yr
13 years (4 salaries)	₹3.6 L/yr - ₹14.8 L/yr
14 years (3 salaries)	₹8.4 L/yr - ₹11 L/yr
15+ years (6 salaries)	₹6.5 L/yr - ₹16 L/yr

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Similar Designation salaries in SBI Securities

Team Manager Salary

(4 salaries)

₹4.5 L/yr - ₹7 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Branch Manager Salary

(64 salaries)

₹3.7 L/yr - ₹10 L/yr

Area Manager Salary

(5 salaries)

₹5.4 L/yr - ₹9.1 L/yr

Cluster Manager Salary

(13 salaries)

₹6 L/yr - ₹8.68 L/yr

Service Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Deputy Branch Manager Salary

(26 salaries)

₹3.92 L/yr - ₹8.14 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Operations Manager Salary

(5 salaries)

₹2.5 L/yr - ₹9.16 L/yr

Relationship Manager Salary

(399 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Top skills at SBI Securities for Deputy Manager

Report Generation MIS Reporting Analysis Advanced Excel MIS Evaluation

Salary related reviews for SBI Securities

2.9

Rated by 8 employees for salary & benefits

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.

Operations Executive in Bhopal

Demat a/c Department

3.0

• posted on 09 Jun 2021

3.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent

Job security - Good

+1 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Promotions - 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

Relationship Officer in Hathras

Full Time

Other Department

5.0

• posted on 19 Nov 2024

3.0

for Salary and Benefits

Likes

I would love to share feedback specially to the Cluster Manager (Mr.Vipin Kumar)and Sales Manager (Gajendra Pratap) of Delhi/Haryana/Up Region... they are so good with their team and I really had such an amazing experience with sbicap securities...... Thank u everyone for given me that opportunity i learnt a lot of things from this company

Skill development - Excellent

+5 more

Dislikes

Only thing which i don't like which is salary package otherwise their is nothing to dislike in this ompany

Officer in Mumbai

Full Time

Other Department

2.0

• posted on 13 May 2024

1.0

for Salary and Benefits

Likes

There is nothing much here to like z these people don't know how to upgrade and maintain the clients.

Dislikes

Worts system and they don't want to pay to get the platform good and only senior employees get good benefits and salary and bonus too, inshort a worst place to choose for 6 to 8 years of caree.

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Securities Deputy Manager Salary FAQs

What is the salary of Deputy Manager at SBI Securities?

Deputy Manager salary at SBI Securities in India ranges between ₹5.1 Lakhs to ₹16.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 7% less than the average Deputy Manager Salary in India. Salary estimates are based on 46 latest salaries received from various employees of SBI Securities India.

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

The average salary of a Deputy Manager at SBI Securities is 7% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

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

Report Generation, MIS Reporting, Analysis, Advanced Excel and MIS are some of the popular skills required to work as a Deputy Manager at SBI Securities India.

Which similar companies are paying more than SBI Securities to a Deputy Manager in India?

UBS Deputy Manager Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
BNP Paribas Deputy Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
Marsh McLennan Deputy Manager Salary - ₹7.9 Lakhs to ₹22.5 Lakhs per year
BNY Deputy Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
State Street Corporation Deputy Manager Salary - ₹9.4 Lakhs to ₹15.1 Lakhs per year

What is the salary of a Deputy Manager in companies similar to SBI Securities in India?

Morgan Stanley Deputy Manager Salary - ₹5.0 Lakhs to ₹19.3 Lakhs per year
Citicorp Deputy Manager Salary - ₹5.7 Lakhs to ₹16.0 Lakhs per year
HSBC Group Deputy Manager Salary - ₹6.0 Lakhs to ₹8.8 Lakhs per year
Edelweiss Deputy Manager Salary - ₹6.0 Lakhs to ₹8.5 Lakhs per year
Axis Direct Deputy Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at SBI Securities ranges between ₹65,358 per month to ₹67,026 per month in India. The take-home salary calculation is based on the average SBI Securities Deputy Manager salary in India which ranges between ₹5.1 Lakhs to ₹16.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at SBI Securities?

According to AmbitionBox, 44% of the SBI Securities Deputy Managers reported a notice period of 3 Months, 38% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 39 responses on AmbitionBox in last 2 years.

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SBI Securities Deputy Manager Salaries

SBI Securities Deputy Manager salary in India ranges between ₹5.1 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 SBI Securities latest salaries received from various employees of SBI Securities.