SBI Securities Mumbai IT Manager Salaries by 4 Employees (Updated 2025)

14 - 20 years exp.

₹14 Lakhs - ₹17.6 Lakhs

Salary of majority employees

14% 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 in Mumbai

SBI Securities IT Manager Salary

14 - 20 years exp. (4 salaries)

₹14 L/yr - ₹17.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities IT Manager Salary 10 - 17 years exp. (4 salaries)	₹10.4 L/yr - ₹12 L/yr 30% less
Axis Direct IT Manager Salary 12 - 19 years exp. (3 salaries)	₹7.5 L/yr - ₹13.6 L/yr 40% less
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Edelweiss IT Manager Salary 5 - 15 years exp. (7 salaries)	₹8 L/yr - ₹17 L/yr 15% less
Motilal Oswal Financial Services IT Manager Salary 8 - 15 years exp. (5 salaries)	₹4.9 L/yr - ₹14 L/yr 46% less
Morgan Stanley IT Manager Salary 4 - 6 years exp. (3 salaries)	₹18.5 L/yr - ₹32 L/yr 74% more
Cholamandalam Investment & Finance IT Manager Salary 16 - 18 years exp. (3 salaries)	₹15 L/yr - ₹17.6 L/yr 4% less
BNP Paribas IT Manager Salary 12 - 14 years exp. (3 salaries)	₹16 L/yr - ₹25 L/yr 45% more

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 in Mumbai

Last Updated: 2 Jun 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 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

(40 salaries)

₹5.09 L/yr - ₹15.7 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹9.4 L/yr

Senior Analyst Salary

(4 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Technical Lead Salary

(3 salaries)

₹11.8 L/yr - ₹16.2 L/yr

IT Executive Salary

(3 salaries)

₹2.1 L/yr - ₹6.2 L/yr

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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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Securities IT Manager Salary FAQs

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

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

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

The average salary of a IT Manager at SBI Securities is 14% more than the average salary of a IT Manager in Mumbai. To know exact salary insights, login to view.

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

Morgan Stanley IT Manager Salary - ₹18.5 Lakhs to ₹32.0 Lakhs per year
BNP Paribas IT Manager Salary - ₹16.0 Lakhs to ₹25.0 Lakhs per year

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

Cholamandalam Investment & Finance IT Manager Salary - ₹15.0 Lakhs to ₹17.6 Lakhs per year
Edelweiss IT Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
HDFC Securities IT Manager Salary - ₹10.4 Lakhs to ₹12.0 Lakhs per year
Axis Direct IT Manager Salary - ₹7.5 Lakhs to ₹13.6 Lakhs per year
Motilal Oswal Financial Services IT Manager Salary - ₹4.9 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a IT Manager at SBI Securities ranges between ₹1,08,362 per month to ₹1,11,354 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 100% of the SBI Securities IT Managers in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Securities IT Manager Salaries in Mumbai

SBI Securities IT Manager salary in Mumbai 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.