SBI Securities IT Manager Salaries by 4 Employees

14 - 20 years exp.

₹14 Lakhs - ₹17.6 Lakhs

Low Confidence

Salary of majority employees

13% more than the average IT Manager Salary in Financial Services Companies for 14 - 20 years of experience

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Salaries in different departments

Engineering - Hardware & Networks IT Manager Salary 18 - 20 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹14.1 L/yr
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Engineering - Software & QA IT Manager Salary 14 - 15 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹19.4 L/yr

Last Updated: 2 Jun 2023

Companies similar to SBI Securities for IT Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities IT Manager Salary 5 - 7 years exp. (4 salaries)	₹6.3 L/yr - ₹8.8 L/yr 54% less
HDFC Securities IT Manager Salary 10 - 17 years exp. (4 salaries)	₹10.4 L/yr - ₹12 L/yr 30% less
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Kotak Securities IT Manager Salary 1 - 7 years exp. (4 salaries)	₹7.5 L/yr - ₹13 L/yr 35% less
Axis Direct IT Manager Salary 12 - 19 years exp. (4 salaries)	₹7.5 L/yr - ₹13.6 L/yr 38% less
Angel One IT Manager Salary 11 - 20 years exp. (4 salaries)	₹8.7 L/yr - ₹22 L/yr 15% less
Edelweiss IT Manager Salary 5 - 15 years exp. (7 salaries)	₹8 L/yr - ₹17 L/yr 14% less
Karvy Stock Broking IT Manager Salary 14 - 25 years exp. (3 salaries)	₹6 L/yr - ₹10 L/yr 48% less
Cholamandalam Investment & Finance IT Manager Salary 7 - 18 years exp. (21 salaries)	₹9.5 L/yr - ₹19.2 L/yr 7% less
Morgan Stanley IT Manager Salary 3 - 11 years exp. (12 salaries)	₹18.5 L/yr - ₹35 L/yr 82% more
BNP Paribas IT Manager Salary 12 - 14 years exp. (6 salaries)	₹16 L/yr - ₹26 L/yr 40% more
Aon IT Manager Salary 11 - 16 years exp. (6 salaries)	₹27.2 L/yr - ₹46 L/yr 103% more
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Motilal Oswal Financial Services IT Manager Salary 8 - 15 years exp. (6 salaries)	₹4.9 L/yr - ₹14 L/yr 50% less
HSBC Group IT Manager Salary 6 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 25% less

IT Manager salary at SBI Securities ranges between ₹14 Lakhs to ₹17.6 Lakhs per year for employees with experience between 14 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities IT Manager salaries

Last Updated: 2 Jun 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹17.6 L/yr
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15+ years (3 salaries)	₹14 L/yr - ₹17.6 L/yr

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Analyst Salary

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IT Executive Salary

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Senior Analyst Salary

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Software Engineer Salary

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₹6.3 L/yr - ₹8 L/yr

Senior Associate Salary

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Salary related reviews for SBI Securities

4.0

Rated by 1 employees for salary & benefits

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

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

Relationship Officer in Shimla

Full Time

Sales & Business Development Department

3.0

• posted on 17 Feb 2024

3.0

for Salary and Benefits

Likes

Respect in Society, Because as a RO you are posted in SBI branch and co role is of floor coordinator along with sales of Sbi Securities. So most people will think that you work for SBI Bank

Job security - Good

+1 more

Dislikes

Upper Management not good Less salary as compared to market Incentive plan is worst Dealing team 👎🏻 Less appraisal

Skill development - Poor

+2 more

Relationship Officer in Jaipur

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 21 Jul 2024

2.0

for Salary and Benefits

Likes

Very nice working environment and supportive staff

Skill development - Excellent

+4 more

Dislikes

I am working here since 2018 almost have 6 year experience....so can say senior employee in my location and also performed here very well like topper but still my salary is 21000 .....so this the major issue and reason that many senior executive switch here from here to another company

Salary - Poor

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SBI Securities IT Manager Salary FAQs

What is the salary of IT Manager at SBI Securities ?

The average salary of a IT Manager at SBI Securities in India typically ranges from ₹14.0 Lakhs to ₹17.6 Lakhs per year, depending on experience (from 14 years to 20 years).

The top 10% of IT Manager at SBI Securities earn more than ₹17.6 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. IT 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 IT Manager at SBI Securities in India?

The estimated take-home salary of a IT Manager at SBI Securities in India typically ranges from ₹1,07,591 to ₹1,10,558 per month. This is based on the average salary range of ₹14.0 Lakhs to ₹17.6 Lakhs per year for employees with experience ranging from 14 years to 20 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 IT Manager in India?

Aon	₹27.2 Lakhs to ₹46.0 Lakhs per year
Morgan Stanley	₹18.5 Lakhs to ₹35.0 Lakhs per year
BNP Paribas	₹16.0 Lakhs to ₹26.0 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 IT Manager in companies similar to SBI Securities in India?

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

Cholamandalam Investment & Finance	₹9.5 Lakhs to ₹19.2 Lakhs per year
Edelweiss	₹8.0 Lakhs to ₹17.0 Lakhs per year
Angel One	₹8.7 Lakhs to ₹22.0 Lakhs per year
HSBC Group	₹6.5 Lakhs to ₹18.0 Lakhs per year
HDFC Securities	₹10.4 Lakhs to ₹12.0 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 IT Manager at SBI Securities in India?

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

Experience	Average Salary Range
14 years	₹17.6 Lakhs to ₹17.6 Lakhs per year
15 years	₹14.0 Lakhs to ₹17.6 Lakhs per year

and so on.

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SBI Securities IT Manager Salaries

SBI Securities IT Manager salary in India ranges between ₹14 Lakhs to ₹17.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Securities latest salaries received from various employees of SBI Securities.