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SBI Securities IT Manager salaries in Mumbai

Annual salary range
14 - 20 years exp.
₹14 Lakhs - ₹17.6 Lakhs
Salary of majority employees
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18% 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)
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₹14 L/yr - ₹14.1 L/yr

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

Last Updated: 2 Jun 2023

Companies similar to SBI Securities for IT Manager in Mumbai

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SBI Securities IT Manager Salary

14 - 20 years exp. (4 salaries)

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₹14 L/yr - ₹17.6 L/yr

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Company name Avg Annual Salary Open Jobs
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HDFC Securities IT Manager Salary

10 - 17 years exp. (4 salaries)

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₹10.4 L/yr - ₹12 L/yr

arrow icon 30% less
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Kotak Securities IT Manager Salary

1 - 7 years exp. (4 salaries)

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₹7.4 L/yr - ₹20 L/yr

arrow icon 32% less
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Axis Direct IT Manager Salary

12 - 19 years exp. (3 salaries)

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₹7.5 L/yr - ₹13.6 L/yr

arrow icon 40% less
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Edelweiss IT Manager Salary

5 - 15 years exp. (7 salaries)

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₹8 L/yr - ₹17 L/yr

arrow icon 15% less
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₹4.9 L/yr - ₹14 L/yr

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Morgan Stanley IT Manager Salary

4 - 6 years exp. (3 salaries)

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₹18.5 L/yr - ₹32 L/yr

arrow icon 74% more
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₹15 L/yr - ₹34.6 L/yr

arrow icon 21% more
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BNP Paribas IT Manager Salary

12 - 14 years exp. (3 salaries)

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₹16 L/yr - ₹25 L/yr

arrow icon 42% 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.

Latest annual salaries shared by SBI Securities IT Manager in Mumbai

1y ago
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15 years exp.
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14 years exp.
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20 years exp.
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18 years exp.

Experience wise SBI Securities IT Manager salaries in Mumbai

Last Updated: 2 Jun 2023

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹15.8 L/yr - ₹20.2 L/yr
15+ years  (3 salaries)

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₹14 L/yr - ₹17.6 L/yr

Similar Designation salaries in SBI Securities

Deputy Manager Salary
(38 salaries)
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₹5.09 L/yr - ₹15.7 L/yr
Senior Analyst Salary
(4 salaries)
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₹3.5 L/yr - ₹5.5 L/yr
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₹2 L/yr - ₹3.5 L/yr
Technical Lead Salary
(3 salaries)
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₹11.8 L/yr - ₹16.2 L/yr
IT Executive Salary
(3 salaries)
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₹2.1 L/yr - ₹6.2 L/yr

Salary related reviews for SBI Securities

4.0

Rated by 1 employees for salary & benefits

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

read more

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

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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.

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Full Time

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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

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Full Time

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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.

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Full Time

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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

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Dislikes

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

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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 18% 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 18% 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
  • Cholamandalam Investment & Finance IT Manager Salary - ₹15.0 Lakhs to ₹34.6 Lakhs per year
What is the salary of a IT Manager in companies similar to SBI Securities in Mumbai?
  • 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
  • Kotak Securities IT Manager Salary - ₹7.4 Lakhs to ₹20.0 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.

Tell us how to improve this page.

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