SBI Securities Mumbai Research Analyst Salaries by 7 Employees (Updated 2025)

5 - 10 years exp.

₹16 Lakhs - ₹24 Lakhs

Salary of majority employees

184% more than the average Research Analyst Salary in Financial Services Companies for 5 - 10 years of experience

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Salaries in different departments

Finance & Accounting Research Analyst Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹6.8 L/yr - ₹11.6 L/yr
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Research & Development Research Analyst Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹19.2 L/yr - ₹22 L/yr

Last Updated: 1 Apr 2023

Companies similar to SBI Securities for Research Analyst in Mumbai

SBI Securities Research Analyst Salary

5 - 10 years exp. (7 salaries)

₹16 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
Edelweiss Research Analyst Salary 3 - 11 years exp. (4 salaries)	₹14 L/yr - ₹19 L/yr 6% less
Motilal Oswal Financial Services Research Analyst Salary 2 - 6 years exp. (8 salaries)	₹2.5 L/yr - ₹10.1 L/yr 68% less
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ICICI Securities Research Analyst Salary 1 - 13 years exp. (20 salaries)	₹7 L/yr - ₹18 L/yr 32% less
Axis Direct Research Analyst Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹8 L/yr 72% less	1 job opening
HDFC Securities Research Analyst Salary 4 - 7 years exp. (3 salaries)	₹10 L/yr - ₹13.3 L/yr 39% less
Angel One Research Analyst Salary 2 - 3 years exp. (3 salaries)	₹5.2 L/yr - ₹7 L/yr 70% less
IIFL Securities Research Analyst Salary 1 - 7 years exp. (12 salaries)	₹5 L/yr - ₹22 L/yr 26% less
Sharekhan Research Analyst Salary 4 - 18 years exp. (12 salaries)	₹8.9 L/yr - ₹21 L/yr 24% less
Morningstar Research Analyst Salary 0 - 5 years exp. (111 salaries)	₹2.7 L/yr - ₹7 L/yr 69% less
Morgan Stanley Research Analyst Salary 0 - 5 years exp. (13 salaries)	₹4.4 L/yr - ₹7.7 L/yr 66% less
Citicorp Research Analyst Salary 1 - 9 years exp. (13 salaries)	₹3.8 L/yr - ₹9 L/yr 70% less
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UBS Research Analyst Salary 3 - 7 years exp. (3 salaries)	₹11.7 L/yr - ₹23 L/yr 12% less

Research Analyst salary at SBI Securities ranges between ₹16 Lakhs to ₹24 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Research Analyst salaries in Mumbai

Last Updated: 1 Apr 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹28.9 L/yr
6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹22 L/yr
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7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹22 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹22 L/yr
9 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.3 L/yr
10 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹24 L/yr

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Similar Designation salaries in SBI Securities

Deputy Manager Salary

(40 salaries)

₹5.09 L/yr - ₹15.7 L/yr

Officer Salary

(34 salaries)

₹2 L/yr - ₹4 L/yr

Software Developer Salary

(9 salaries)

₹3.45 L/yr - ₹6.5 L/yr

Senior Software Engineer Salary

(3 salaries)

₹7.2 L/yr - ₹9.5 L/yr

Technical Lead Salary

(3 salaries)

₹11.8 L/yr - ₹16.2 L/yr

Top skills at SBI Securities for Research Analyst

Research Analysis Financial Modelling Financial Research Equity Research Fundamental Research Finance Equity Research Primary Research MF Research Research Analysis Mutual Funds Financial Modelling bfsi Senior Management

Salary related reviews for SBI Securities

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

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

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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Securities Research Analyst Salary FAQs

What is the salary of Research Analyst at SBI Securities Mumbai?

Research Analyst salary at SBI Securities in Mumbai ranges between ₹16.0 Lakhs to ₹24.0 Lakhs for experience between 5 years to 10 years. According to our estimates it is 184% more than the average Research Analyst Salary in India. Salary estimates are based on 7 latest salaries received from various employees of SBI Securities Mumbai.

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

The average salary of a Research Analyst at SBI Securities is 184% more than the average salary of a Research Analyst in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Research Analyst at SBI Securities?

Research Analysis, Financial Modelling, Financial Research, Equity Research and Fundamental Research are some of the popular skills required to work as a Research Analyst at SBI Securities Mumbai.

What is the salary of a Research Analyst in companies similar to SBI Securities in Mumbai?

Edelweiss Research Analyst Salary - ₹14.0 Lakhs to ₹19.0 Lakhs per year
UBS Research Analyst Salary - ₹11.7 Lakhs to ₹23.0 Lakhs per year
Sharekhan Research Analyst Salary - ₹8.9 Lakhs to ₹21.0 Lakhs per year
IIFL Securities Research Analyst Salary - ₹5.0 Lakhs to ₹22.0 Lakhs per year
ICICI Securities Research Analyst Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year

What is the estimated take home salary of a Research Analyst at SBI Securities in Mumbai?

The estimated take-home salary of a Research Analyst at SBI Securities ranges between ₹1,21,815 per month to ₹1,25,314 per month in Mumbai. The take-home salary calculation is based on the average SBI Securities Research Analyst salary in India which ranges between ₹16.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

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SBI Securities Research Analyst Salaries in Mumbai

SBI Securities Research Analyst salary in Mumbai ranges between ₹16 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Securities latest salaries received from various employees of SBI Securities.

SBI Securities Research Analyst salaries in Mumbai

Companies similar to SBI Securities for Research Analyst in Mumbai

Latest annual salaries shared by SBI Securities Research Analyst in Mumbai

Experience wise SBI Securities Research Analyst salaries in Mumbai

Similar Designation salaries in SBI Securities

Top skills at SBI Securities for Research Analyst

Salary related reviews for SBI Securities

Officer in Mumbai

Relationship Officer in Hathras

Senior Relationship Manager in Gandhinagar

Relationship Officer in Shimla

Relationship Officer in Jaipur

SBI Securities Research Analyst Salary FAQs

Tell us how to improve this page.