SBI Securities IT Manager Salaries by 4 Employees (Updated 2024)

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. (6 salaries)	₹7.4 L/yr - ₹20 L/yr 27% 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
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. (8 salaries)	₹16 L/yr - ₹27.3 L/yr 53% more
HSBC Group IT Manager Salary 6 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 25% less	1 job opening
Societe Generale Global Solution Centre IT Manager Salary 12 - 14 years exp. (5 salaries)	₹14.5 L/yr - ₹21.2 L/yr 4% more
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First American Corporation IT Manager Salary 17 - 18 years exp. (3 salaries)	₹28 L/yr - ₹30 L/yr 83% more
Citicorp IT Manager Salary 5 - 9 years exp. (3 salaries)	₹9 L/yr - ₹16.5 L/yr 24% 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

Similar Designation salaries in SBI Securities

Deputy Manager Salary

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₹5.09 L/yr - ₹16 L/yr

IT Executive Salary

(3 salaries)

₹2.1 L/yr - ₹6.2 L/yr

Technical Lead Salary

(4 salaries)

₹11.8 L/yr - ₹24.9 L/yr

Senior Analyst Salary

(4 salaries)

₹3.5 L/yr - ₹5.53 L/yr

Network Engineer Salary

(4 salaries)

₹2 L/yr - ₹3.6 L/yr

System Administrator Salary

(4 salaries)

₹2.5 L/yr - ₹3.9 L/yr

Technical Support Engineer Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for SBI Securities

4.0

Rated by 1 employees for salary & benefits

Sales Manager in Chandigarh

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Jul 2024

1.0

for Salary and Benefits

Likes

...ife balance,lots of Pressure in Third party Insurance. No HR and Senior Support. No salary and Appraisals

Dislikes

No salary satisfaction and appraisal No HR and Senior support Pressure of Selling of third party products like mutual funds, General Insurance/Health, Brokerage Customer Requirement

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.

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

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

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.

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

Dislikes

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Securities IT Manager Salary FAQs

What is the salary of IT Manager at SBI Securities?

IT Manager salary at SBI Securities in India ranges between ₹14.0 Lakhs to ₹17.6 Lakhs for experience between 14 years to 20 years. According to our estimates it is 13% more than the average IT Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities India.

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

The average salary of a IT Manager at SBI Securities is 13% more than the average salary of a IT Manager in India. To know exact salary insights, login to view.

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

First American Corporation IT Manager Salary - ₹28.0 Lakhs to ₹30.0 Lakhs per year
Morgan Stanley IT Manager Salary - ₹18.5 Lakhs to ₹35.0 Lakhs per year
BNP Paribas IT Manager Salary - ₹16.0 Lakhs to ₹27.3 Lakhs per year
Societe Generale Global Solution Centre IT Manager Salary - ₹14.5 Lakhs to ₹21.2 Lakhs per year

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

Edelweiss IT Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
Angel One IT Manager Salary - ₹8.7 Lakhs to ₹22.0 Lakhs per year
Citicorp IT Manager Salary - ₹9.0 Lakhs to ₹16.5 Lakhs per year
HSBC Group IT Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
Kotak Securities IT Manager Salary - ₹7.4 Lakhs to ₹20.0 Lakhs per year

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 ranges between ₹1,07,591 per month to ₹1,10,558 per month in India. The take-home salary calculation is based on the average SBI Securities IT Manager salary in India which ranges between ₹14.0 Lakhs to ₹17.6 Lakhs per year for employees with experience between 14 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Securities IT Managers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.