SBI Securities Mumbai Relationship Manager Salaries by 80+ Employees (Updated 2025)

0 - 8 years exp.

₹2 Lakhs - ₹5.2 Lakhs

Salary of majority employees

30% less than the average Relationship Manager Salary in Financial Services Companies for 0 - 8 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 0 - 8 years exp. (44 salaries)	₹2 L/yr - ₹4.8 L/yr
Finance & Accounting Relationship Manager Salary 0 - 5 years exp. (18 salaries)	₹2 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Relationship Manager Salary 1 - 8 years exp. (10 salaries)	₹2.5 L/yr - ₹5.2 L/yr
Sales & Business Development Relationship Manager Salary 0 - 8 years exp. (7 salaries)	₹2.1 L/yr - ₹4.5 L/yr

Last Updated: 25 Feb 2025

Companies similar to SBI Securities for Relationship Manager in Mumbai

SBI Securities Relationship Manager Salary

0 - 8 years exp. (89 salaries)

₹2 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Relationship Manager Salary 1 - 8 years exp. (398 salaries)	₹1.3 L/yr - ₹5.8 L/yr 1% less	9 job openings
Kotak Securities Relationship Manager Salary 0 - 8 years exp. (29 salaries)	₹1.6 L/yr - ₹4.5 L/yr 8% less
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ICICI Securities Relationship Manager Salary 0 - 7 years exp. (55 salaries)	₹2 L/yr - ₹6 L/yr 18% more
Axis Direct Relationship Manager Salary 0 - 9 years exp. (16 salaries)	₹2.4 L/yr - ₹7.5 L/yr 18% more
Edelweiss Relationship Manager Salary 0 - 8 years exp. (54 salaries)	₹2.5 L/yr - ₹6 L/yr 22% more
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (298 salaries)	₹1.2 L/yr - ₹5.7 L/yr At par	16 job openings
HDFC Sales Relationship Manager Salary 0 - 10 years exp. (109 salaries)	₹1.5 L/yr - ₹6 L/yr 6% less	1 job opening
Sharekhan Relationship Manager Salary 0 - 10 years exp. (100 salaries)	₹1.7 L/yr - ₹6.7 L/yr 2% more	2 job openings
Angel One Relationship Manager Salary 0 - 6 years exp. (80 salaries)	₹1.7 L/yr - ₹3.8 L/yr 26% less
American Express Relationship Manager Salary 1 - 11 years exp. (58 salaries)	₹3 L/yr - ₹12.5 L/yr 106% more
Citicorp Relationship Manager Salary 4 - 10 years exp. (42 salaries)	₹4.9 L/yr - ₹18.5 L/yr 229% more
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Reliance Securities Relationship Manager Salary 1 - 8 years exp. (35 salaries)	₹2.4 L/yr - ₹4.8 L/yr 5% less
Cholamandalam Investment & Finance Relationship Manager Salary 2 - 6 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 4% less
HSBC Group Relationship Manager Salary 1 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹9 L/yr 71% more	1 job opening
Marsh McLennan Relationship Manager Salary 3 - 5 years exp. (4 salaries)	₹8 L/yr - ₹11 L/yr 174% more
BNP Paribas Relationship Manager Salary 3 - 8 years exp. (4 salaries)	₹11 L/yr - ₹43 L/yr 562% more
Karvy Stock Broking Relationship Manager Salary 1 - 3 years exp. (3 salaries)	₹1.8 L/yr - ₹3.6 L/yr 13% less

Relationship Manager salary at SBI Securities ranges between ₹2 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 89 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Relationship Manager salaries in Mumbai

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
Fresher (16 salaries)	₹2 L/yr - ₹4.5 L/yr
1 year (19 salaries)	₹2 L/yr - ₹4.3 L/yr
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2 years (9 salaries)	₹2.2 L/yr - ₹4.4 L/yr
3 years (12 salaries)	₹2.4 L/yr - ₹4.4 L/yr
4 years (15 salaries)	₹2.3 L/yr - ₹4.2 L/yr
5 years (10 salaries)	₹2.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.8 L/yr
8 years (4 salaries)	₹3 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in SBI Securities

Relationship Officer Salary

(88 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(40 salaries)

₹5.09 L/yr - ₹15.7 L/yr

Sales Manager Salary

(24 salaries)

₹3.15 L/yr - ₹6.75 L/yr

Branch Manager Salary

(4 salaries)

₹6.65 L/yr - ₹10 L/yr

Top skills at SBI Securities for Relationship Manager

NISM Trading brokerage Equity HNI Client Handling broking demat Derivatives Home Loans stock broking housing loan Stock Market Mortgage Loans Dealing Sales

Salary related reviews for SBI Securities

2.8

Rated by 9 employees for salary & benefits

Relationship Manager in Kota

Sales & Business Development Department

5.0

• posted on 06 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management is transparent

Skill development - Good

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign.On the job training is not given to new joiners.

Relationship Manager in Krishnagar

BFSI, Investments & Trading Department

4.0

• posted on 15 Jan 2021

3.0

for Salary and Benefits

Likes

Job security is very good and culture also good but salary is very poor and increment very low .

Skill development - Excellent

+4 more

Dislikes

Our team leader qualifications is very low and culture is no good always use to slung language.But management is not necessary for that and they also not known about team leade's behaviour.

Promotions - Poor

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

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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Salary Discussions, Hike & Promotions

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 Relationship Manager Salary FAQs

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

Relationship Manager salary at SBI Securities in Mumbai ranges between ₹2.0 Lakhs to ₹5.2 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 30% less than the average Relationship Manager Salary in India. Salary estimates are based on 89 latest salaries received from various employees of SBI Securities Mumbai.

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

The average salary of a Relationship Manager at SBI Securities is 30% less than the average salary of a Relationship Manager in Mumbai. To know exact salary insights, login to view.

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

NISM, Trading, brokerage, Equity and HNI Client Handling are some of the popular skills required to work as a Relationship Manager at SBI Securities Mumbai.

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

BNP Paribas Relationship Manager Salary - ₹11.0 Lakhs to ₹43.0 Lakhs per year
Citicorp Relationship Manager Salary - ₹4.9 Lakhs to ₹18.5 Lakhs per year
Marsh McLennan Relationship Manager Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
American Express Relationship Manager Salary - ₹3.0 Lakhs to ₹12.5 Lakhs per year
HSBC Group Relationship Manager Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year

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

Edelweiss Relationship Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Axis Direct Relationship Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
ICICI Securities Relationship Manager Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Sharekhan Relationship Manager Salary - ₹1.7 Lakhs to ₹6.7 Lakhs per year
Motilal Oswal Financial Services Relationship Manager Salary - ₹1.2 Lakhs to ₹5.7 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at SBI Securities ranges between ₹27,167 per month to ₹28,573 per month in Mumbai. The take-home salary calculation is based on the average SBI Securities Relationship Manager salary in India which ranges between ₹2.0 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the SBI Securities Relationship Managers in Mumbai reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 57 responses on AmbitionBox in last 2 years.

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SBI Securities Relationship Manager Salaries in Mumbai

SBI Securities Relationship Manager salary in Mumbai ranges between ₹2 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 89 SBI Securities latest salaries received from various employees of SBI Securities.

SBI Securities Relationship Manager salaries in Mumbai (Updated 2025)

Companies similar to SBI Securities for Relationship Manager in Mumbai

Latest annual salaries shared by SBI Securities Relationship Manager in Mumbai

Experience wise SBI Securities Relationship Manager salaries in Mumbai

Similar Designation salaries in SBI Securities

Top skills at SBI Securities for Relationship Manager

Salary related reviews for SBI Securities

Relationship Manager in Kota

Relationship Manager in Krishnagar

Relationship Officer in Hathras

Relationship Officer in Shimla

Relationship Officer in Jaipur

SBI Securities Relationship Manager Salary FAQs

Tell us how to improve this page.