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SBI Securities

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SBI Securities Product Manager salaries in Mumbai

Annual salary range
3 - 19 years exp.
₹5.5 Lakhs - ₹20.3 Lakhs
Salary of majority employees
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Fixed (100%)
₹13.2 Lakhs
Variable (0%)
₹0.0
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35% less than the average Product Manager Salary in Financial Services Companies for 3 - 19 years of experience

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Salaries in different departments

Product Management
Product Manager Salary
3 - 12 years exp. (7 salaries)
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₹6.2 L/yr - ₹18 L/yr

BFSI, Investments & Trading
Product Manager Salary
6 - 8 years exp. (AmbitionBox Estimate)
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₹5.5 L/yr - ₹14 L/yr

Last Updated: 21 Dec 2024

Companies similar to SBI Securities for Product Manager in Mumbai

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SBI Securities Product Manager Salary

3 - 19 years exp. (13 salaries)

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₹5.5 L/yr - ₹20.3 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Securities Product Manager Salary

2 - 7 years exp. (48 salaries)

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₹7.4 L/yr - ₹27.9 L/yr

arrow icon 32% more
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Morningstar Product Manager Salary

6 - 13 years exp. (28 salaries)

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₹14.8 L/yr - ₹32.5 L/yr

arrow icon 88% more
2 job openings
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Citicorp Product Manager Salary

3 - 8 years exp. (25 salaries)

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₹12 L/yr - ₹28 L/yr

arrow icon 66% more
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Kotak Securities Product Manager Salary

2 - 6 years exp. (23 salaries)

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₹13.2 L/yr - ₹23 L/yr

arrow icon 4% more
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Axis Direct Product Manager Salary

4 - 12 years exp. (15 salaries)

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₹5 L/yr - ₹21.5 L/yr

arrow icon 8% less
1 job opening
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HSBC Group Product Manager Salary

3 - 14 years exp. (9 salaries)

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₹12 L/yr - ₹45 L/yr

arrow icon 114% more
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Motilal Oswal Product Manager Salary

3 - 5 years exp. (7 salaries)

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₹7.5 L/yr - ₹16 L/yr

arrow icon 10% less
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UBS Product Manager Salary

5 - 13 years exp. (5 salaries)

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₹13 L/yr - ₹27.3 L/yr

arrow icon 63% more
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American Express Product Manager Salary

2 - 5 years exp. (5 salaries)

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₹14 L/yr - ₹40 L/yr

arrow icon 117% more
11 job openings
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Morgan Stanley Product Manager Salary

7 - 9 years exp. (4 salaries)

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₹26 L/yr - ₹41 L/yr

arrow icon 161% more
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Marsh McLennan Product Manager Salary

15 - 17 years exp. (3 salaries)

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₹31.5 L/yr - ₹40.2 L/yr

arrow icon 165% more
Product Manager salary at SBI Securities ranges between ₹5.5 Lakhs to ₹20.3 Lakhs per year for employees with experience between 3 years to 19 years. Salary estimates are based on 13 latest salaries received from various employees of SBI Securities.

Latest annual salaries shared by SBI Securities Product Manager in Mumbai

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12 years exp.
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7 years exp.
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12 years exp.

Experience wise SBI Securities Product Manager salaries in Mumbai

Last Updated: 21 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹6.2 L/yr - ₹20.3 L/yr
4 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
5 years (AmbitionBox Estimate)

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₹10.6 L/yr - ₹13.5 L/yr
6 years  (4 salaries)

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₹5.5 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹22 L/yr
View all

Similar Designation salaries in SBI Securities

Deputy Manager Salary
(40 salaries)
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₹5.09 L/yr - ₹15.7 L/yr
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₹26.7 L/yr - ₹40 L/yr
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₹17 L/yr - ₹18.8 L/yr
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₹5.2 L/yr - ₹15 L/yr

Top skills at SBI Securities for Product Manager

Product Management Product Strategy Cross Selling Product Life Cycle Management Marketing Activation Customer Experience Product Management Production Support User Interface Designing Finance Triggers Distribution Insurance Fixed Income

Salary related reviews for SBI Securities

3.0

Rated by 1 employees for salary & benefits

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

read more
  • 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

read more

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.

read more
  • Salary - Bad
  • +5 more

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.

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  • Salary - Bad
  • +6 more

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

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  • Job security - Good
  • +1 more

Dislikes

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

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  • Skill development - Poor
  • +2 more

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

read more
  • Salary - Poor
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SBI Securities Product Manager Salary FAQs

What is the salary of Product Manager at SBI Securities in Mumbai?
The average salary of a Product Manager at SBI Securities in Mumbai typically ranges from ₹5.5 Lakhs to ₹20.3 Lakhs per year, depending on experience (from 3 years to 19 years).

The top 10% of Product Manager in Mumbai at SBI Securities earn more than ₹20.3 Lakhs per year, and the top 1% earn over ₹25.7 Lakhs per year. Product 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 10+ SBI Securities employees in India.
What is the estimated take home salary of a Product Manager at SBI Securities in Mumbai?
The estimated take-home salary of a Product Manager at SBI Securities in Mumbai typically ranges from ₹92,938 to ₹95,431 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹20.3 Lakhs per year for employees with experience ranging from 3 years to 19 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 10+ salaries received from various employees of SBI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Product Manager at SBI Securities in Mumbai?
To be a Product Manager at SBI Securities in Mumbai, the key skills required include:

  • - Product Management
  • - Product Strategy
  • - Cross Selling
  • - Product Life Cycle Management
  • - Marketing

These skills are highly valued at SBI Securities and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SBI Securities for Product Manager in India?
Marsh McLennan ₹31.5 Lakhs to ₹40.2 Lakhs per year
Morgan Stanley ₹26.0 Lakhs to ₹41.0 Lakhs per year
American Express ₹14.0 Lakhs to ₹40.0 Lakhs per year
HSBC Group ₹12.0 Lakhs to ₹45.0 Lakhs per year
Morningstar ₹14.8 Lakhs to ₹32.5 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 Product Manager in companies similar to SBI Securities in Mumbai?
The salary of a Product Manager at companies similar to SBI Securities in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp ₹12.0 Lakhs to ₹28.0 Lakhs per year
UBS ₹13.0 Lakhs to ₹27.3 Lakhs per year
ICICI Securities ₹7.4 Lakhs to ₹27.9 Lakhs per year
Kotak Securities ₹13.2 Lakhs to ₹23.0 Lakhs per year
Axis Direct ₹5.0 Lakhs to ₹21.5 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 Product Manager at SBI Securities in Mumbai?
The salary growth for a Product Manager at SBI Securities in Mumbai depends on factors such as experience, performance, and promotions. On average, a Product Manager in Mumbai can expect the following growth trajectory at SBI Securities:

Experience Average Salary Range
3 years ₹6.2 Lakhs to ₹20.3 Lakhs per year
4 years ₹10.4 Lakhs to ₹13.3 Lakhs per year
5 years ₹10.6 Lakhs to ₹13.5 Lakhs per year
6 years ₹5.5 Lakhs to ₹13.0 Lakhs per year
and so on.

Tell us how to improve this page.

SBI Securities Product Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹20.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 13 SBI Securities latest salaries received from various employees of SBI Securities.