SBI Securities Mumbai Product Manager Salaries by 10+ Employees (Updated 2025)

3 - 19 years exp.

₹5.5 Lakhs - ₹20.3 Lakhs

Salary of majority employees

Fixed (100%)

₹13.2 Lakhs

Variable (0%)

₹0.0

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36% 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)	Unlock ₹6.2 L/yr - ₹18 L/yr
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BFSI, Investments & Trading Product Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹14 L/yr

Last Updated: 21 Dec 2024

Companies similar to SBI Securities for Product Manager in Mumbai

SBI Securities Product Manager Salary

3 - 19 years exp. (13 salaries)

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₹5.5 L/yr - ₹20.3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Product Manager Salary 1 - 7 years exp. (61 salaries)	Unlock ₹7.3 L/yr - ₹26 L/yr 27% more
HDFC Securities Product Manager Salary 1 - 8 years exp. (17 salaries)	Unlock ₹5.1 L/yr - ₹19.4 L/yr 12% less
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Kotak Securities Product Manager Salary 2 - 6 years exp. (22 salaries)	Unlock ₹12.6 L/yr - ₹21.8 L/yr 4% less
Axis Direct Product Manager Salary 0 - 11 years exp. (13 salaries)	Unlock ₹5.4 L/yr - ₹21.5 L/yr 3% less	1 job opening
Sharekhan Product Manager Salary 6 - 7 years exp. (3 salaries)	Unlock ₹6.5 L/yr - ₹14.7 L/yr 11% less
Angel One Product Manager Salary 2 - 6 years exp. (11 salaries)	Unlock ₹11.4 L/yr - ₹32 L/yr 79% more
Edelweiss Product Manager Salary 2 - 9 years exp. (24 salaries)	Unlock ₹9.5 L/yr - ₹22 L/yr 21% more
Reliance Securities Product Manager Salary 9 - 18 years exp. (5 salaries)	Unlock ₹10 L/yr - ₹15.7 L/yr 4% less
Citicorp Product Manager Salary 1 - 8 years exp. (36 salaries)	Unlock ₹11 L/yr - ₹28 L/yr 63% more
Morningstar Product Manager Salary 6 - 13 years exp. (27 salaries)	Unlock ₹14.8 L/yr - ₹32.5 L/yr 86% more	2 job openings
Motilal Oswal Financial Services Product Manager Salary 1 - 7 years exp. (26 salaries)	Unlock ₹10.6 L/yr - ₹23.3 L/yr At par
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HSBC Group Product Manager Salary 3 - 12 years exp. (6 salaries)	Unlock ₹22 L/yr - ₹31 L/yr 92% more
UBS Product Manager Salary 5 - 13 years exp. (5 salaries)	Unlock ₹13 L/yr - ₹27.3 L/yr 67% more
American Express Product Manager Salary 2 - 5 years exp. (5 salaries)	Unlock ₹14 L/yr - ₹40 L/yr 120% more	5 job openings
Morgan Stanley Product Manager Salary 7 - 9 years exp. (4 salaries)	Unlock ₹26 L/yr - ₹41 L/yr 164% more
Marsh McLennan Product Manager Salary 15 - 17 years exp. (3 salaries)	Unlock ₹31.5 L/yr - ₹40.2 L/yr 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.

Experience wise SBI Securities Product Manager salaries in Mumbai

Last Updated: 21 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹6.2 L/yr - ₹20.3 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹10.4 L/yr - ₹13.3 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹10.6 L/yr - ₹13.5 L/yr
6 years (4 salaries)	Unlock ₹5.5 L/yr - ₹13 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹22 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹22.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹15.5 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹11.7 L/yr - ₹14.9 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹5.3 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹24.2 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹12.3 L/yr - ₹15.7 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹12.5 L/yr - ₹16 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹5.8 L/yr - ₹19 L/yr

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Similar Designation salaries in SBI Securities

Deputy Manager Salary

(40 salaries)

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₹5.09 L/yr - ₹15.7 L/yr

Assistant Vice President Salary

(4 salaries)

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₹26.7 L/yr - ₹40 L/yr

Assistant Product Manager Salary

(4 salaries)

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₹5.2 L/yr - ₹15 L/yr

Senior Product Manager Salary

(4 salaries)

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₹17 L/yr - ₹18.8 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

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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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... read more

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SBI Securities Product Manager Salary FAQs

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

Product Manager salary at SBI Securities in Mumbai ranges between ₹5.5 Lakhs to ₹20.3 Lakhs for experience between 3 years to 19 years. According to our estimates it is 36% less than the average Product Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of SBI Securities Mumbai.

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

The average salary of a Product Manager at SBI Securities is 36% less than the average salary of a Product Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Product Manager at SBI Securities?

Product Management, Product Strategy, Cross Selling, Product Life Cycle Management and Marketing are some of the popular skills required to work as a Product Manager at SBI Securities Mumbai.

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

Marsh McLennan Product Manager Salary - ₹31.5 Lakhs to ₹40.2 Lakhs per year
Morgan Stanley Product Manager Salary - ₹26.0 Lakhs to ₹41.0 Lakhs per year
American Express Product Manager Salary - ₹14.0 Lakhs to ₹40.0 Lakhs per year
HSBC Group Product Manager Salary - ₹22.0 Lakhs to ₹31.0 Lakhs per year
Morningstar Product Manager Salary - ₹14.8 Lakhs to ₹32.5 Lakhs per year

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

Angel One Product Manager Salary - ₹11.4 Lakhs to ₹32.0 Lakhs per year
UBS Product Manager Salary - ₹13.0 Lakhs to ₹27.3 Lakhs per year
Citicorp Product Manager Salary - ₹11.0 Lakhs to ₹28.0 Lakhs per year
ICICI Securities Product Manager Salary - ₹7.3 Lakhs to ₹26.0 Lakhs per year
Edelweiss Product Manager Salary - ₹9.5 Lakhs to ₹22.0 Lakhs per year

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 ranges between ₹92,938 per month to ₹95,431 per month in Mumbai. The take-home salary calculation is based on the average SBI Securities Product Manager salary in India which ranges between ₹5.5 Lakhs to ₹20.3 Lakhs per year for employees with experience between 3 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Product Manager at SBI Securities in Mumbai?

According to AmbitionBox, 50% of the SBI Securities Product Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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SBI Securities Product Manager Salaries in Mumbai

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