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

6 - 15 years exp.

₹5.1 Lakhs - ₹15.7 Lakhs

Salary of majority employees

33% more than the average Deputy Manager Salary in Financial Services Companies for 6 - 15 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 - ₹14.8 L/yr
Finance & Accounting Deputy Manager Salary 6 - 11 years exp. (5 salaries)	₹8 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
Data Science & Analytics Deputy Manager Salary 10 - 15 years exp. (3 salaries)	₹9 L/yr - ₹11.7 L/yr
Human Resources Deputy Manager Salary 9 - 10 years exp. (3 salaries)	₹7.8 L/yr - ₹11.2 L/yr

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Last Updated: 12 Feb 2025

Companies similar to SBI Securities for Deputy Manager in Mumbai

SBI Securities Deputy Manager Salary

6 - 15 years exp. (40 salaries)

₹5.1 L/yr - ₹15.7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Deputy Manager Salary 4 - 13 years exp. (89 salaries)	₹3.6 L/yr - ₹10.2 L/yr 40% less
Kotak Securities Deputy Manager Salary 0 - 11 years exp. (516 salaries)	₹2 L/yr - ₹7.4 L/yr 60% less
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ICICI Securities Deputy Manager Salary 3 - 6 years exp. (5 salaries)	₹5 L/yr - ₹6 L/yr 51% less
Axis Direct Deputy Manager Salary 4 - 16 years exp. (64 salaries)	₹3.5 L/yr - ₹14.8 L/yr 28% less
Angel One Deputy Manager Salary 2 - 11 years exp. (81 salaries)	₹3 L/yr - ₹10 L/yr 41% less
Marsh McLennan Deputy Manager Salary 5 - 16 years exp. (78 salaries)	₹7.7 L/yr - ₹24 L/yr 26% more
HDFC Sales Deputy Manager Salary 3 - 13 years exp. (64 salaries)	₹3 L/yr - ₹9.2 L/yr 49% less	2 job openings
Sharekhan Deputy Manager Salary 6 - 16 years exp. (34 salaries)	₹4.5 L/yr - ₹10 L/yr 35% less
Reliance Securities Deputy Manager Salary 7 - 16 years exp. (26 salaries)	₹4.4 L/yr - ₹12 L/yr 36% less
Citicorp Deputy Manager Salary 4 - 12 years exp. (17 salaries)	₹6 L/yr - ₹14.5 L/yr At par
CAMS Deputy Manager Salary 5 - 15 years exp. (10 salaries)	₹4.2 L/yr - ₹8.1 L/yr 37% less
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BNP Paribas Deputy Manager Salary 4 - 15 years exp. (10 salaries)	₹11.3 L/yr - ₹20 L/yr 41% more
Karvy Stock Broking Deputy Manager Salary 8 - 10 years exp. (7 salaries)	₹5 L/yr - ₹6.2 L/yr 54% less
Motilal Oswal Financial Services Deputy Manager Salary 6 - 11 years exp. (6 salaries)	₹3.5 L/yr - ₹8 L/yr 50% less
American Express Deputy Manager Salary 2 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹9.3 L/yr 27% less
UBS Deputy Manager Salary 1 - 8 years exp. (4 salaries)	₹11 L/yr - ₹23 L/yr 64% more
Morgan Stanley Deputy Manager Salary 10 - 13 years exp. (3 salaries)	₹10.4 L/yr - ₹16.2 L/yr 4% less
Cholamandalam Investment & Finance Deputy Manager Salary 4 - 10 years exp. (3 salaries)	₹3.2 L/yr - ₹8 L/yr 54% less

Deputy Manager salary at SBI Securities ranges between ₹5.1 Lakhs to ₹15.7 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 40 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Deputy Manager salaries in Mumbai

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹14.4 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13 L/yr
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8 years (5 salaries)	₹5.1 L/yr - ₹13 L/yr
9 years (6 salaries)	₹7.8 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 (4 salaries)	₹8.4 L/yr - ₹14 L/yr
13 years (4 salaries)	₹9.4 L/yr - ₹14.8 L/yr
14 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹20.8 L/yr
15+ years (3 salaries)	₹8 L/yr - ₹20.9 L/yr

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Similar Designation salaries in SBI Securities

Relationship Manager Salary

(88 salaries)

₹2 L/yr - ₹5.2 L/yr

Deputy Branch Manager Salary

(7 salaries)

₹5 L/yr - ₹8.14 L/yr

Cluster Manager Salary

(4 salaries)

₹6.55 L/yr - ₹7 L/yr

Branch Manager Salary

(4 salaries)

₹6.65 L/yr - ₹10 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

3.3

Rated by 5 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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SBI Securities Deputy Manager Salary FAQs

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

Deputy Manager salary at SBI Securities in Mumbai ranges between ₹5.1 Lakhs to ₹15.7 Lakhs for experience between 6 years to 15 years. According to our estimates it is 33% more than the average Deputy Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of SBI Securities Mumbai.

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

The average salary of a Deputy Manager at SBI Securities is 33% more than the average salary of a Deputy Manager in Mumbai. 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 Mumbai.

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

UBS Deputy Manager Salary - ₹11.0 Lakhs to ₹23.0 Lakhs per year
BNP Paribas Deputy Manager Salary - ₹11.3 Lakhs to ₹20.0 Lakhs per year
Marsh McLennan Deputy Manager Salary - ₹7.7 Lakhs to ₹24.0 Lakhs per year
Citicorp Deputy Manager Salary - ₹6.0 Lakhs to ₹14.5 Lakhs per year

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

Morgan Stanley Deputy Manager Salary - ₹10.4 Lakhs to ₹16.2 Lakhs per year
American Express Deputy Manager Salary - ₹4.5 Lakhs to ₹9.3 Lakhs per year
Axis Direct Deputy Manager Salary - ₹3.5 Lakhs to ₹14.8 Lakhs per year
Sharekhan Deputy Manager Salary - ₹4.5 Lakhs to ₹10.0 Lakhs per year
Reliance Securities Deputy Manager Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at SBI Securities ranges between ₹81,317 per month to ₹83,437 per month in Mumbai. The take-home salary calculation is based on the average SBI Securities Deputy Manager salary in India which ranges between ₹5.1 Lakhs to ₹15.7 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the SBI Securities Deputy Managers in Mumbai reported a notice period of 2 Months, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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SBI Securities Deputy Manager Salaries in Mumbai

SBI Securities Deputy Manager salary in Mumbai ranges between ₹5.1 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 SBI Securities latest salaries received from various employees of SBI Securities.