SBI Securities Retail Sales Manager Salaries by 4 Employees

2 - 8 years exp.

₹3 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Retail Sales Manager Salary in Financial Services Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Retail Sales Manager Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
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Marketing & Communication Retail Sales Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.7 L/yr

Last Updated: 15 Mar 2023

Companies similar to SBI Securities for Retail Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Retail Sales Manager Salary 3 - 7 years exp. (4 salaries)	₹2.2 L/yr - ₹4.5 L/yr 13% less
DineOut Retail Sales Manager Salary 0 - 6 years exp. (32 salaries)	₹3.6 L/yr - ₹7.2 L/yr 66% more
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Vodafone Idea Retail Sales Manager Salary 5 - 15 years exp. (28 salaries)	₹5 L/yr - ₹12.4 L/yr 105% more
Times Internet Retail Sales Manager Salary 0 - 6 years exp. (25 salaries)	₹6 L/yr - ₹8.4 L/yr 95% more
Bharat Petroleum Retail Sales Manager Salary 7 - 13 years exp. (22 salaries)	₹20 L/yr - ₹45 L/yr 767% more

Retail Sales Manager salary at SBI Securities ranges between ₹3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Retail Sales Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.2 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr

View all

Similar Designation salaries in SBI Securities

Retail Sales Officer Salary

(39 salaries)

₹1.2 L/yr - ₹3.25 L/yr

Area Sales Manager Salary

(17 salaries)

₹2.05 L/yr - ₹6.75 L/yr

Sales Manager Salary

(196 salaries)

₹2.4 L/yr - ₹6.75 L/yr

Relationship Manager Salary

(405 salaries)

₹1.5 L/yr - ₹6.36 L/yr

Retail Sales Executive Salary

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₹1.96 L/yr - ₹4 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Senior Sales Officer Salary

(17 salaries)

₹1.9 L/yr - ₹4.2 L/yr

Deputy Manager Salary

(46 salaries)

₹5.09 L/yr - ₹16 L/yr

Sales Officer Salary

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₹1.6 L/yr - ₹3.5 L/yr

Salesman Salary

(3 salaries)

₹3 L/yr - ₹4.3 L/yr

Top skills at SBI Securities for Retail Sales Manager

Cross Selling Team Handling Insurance broking Casa Dealer Sales demat Retail Sales Current Account Sales Retail Sales Management Banking banca Current Account Beverage

Salary related reviews for SBI Securities

4.0

Rated by 2 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

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

Senior Relationship Manager in Kanpur

Full Time

Finance & Accounting Department

4.0

• posted on 28 Nov 2023

2.0

for Salary and Benefits

Likes

Its a Faithful Company with HNI Clients which help us to Improve ourselves

Job security - Excellent

+1 more

Dislikes

Promotion & Incrememt Policy and Salary Is very poor here at SBI. No one is taking care for old Employee who are working here from a long time .

Salary - Poor

+1 more

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SBI Securities Retail Sales Manager Salary FAQs

What is the salary of Retail Sales Manager at SBI Securities ?

The average salary of a Retail Sales Manager at SBI Securities in India typically ranges from ₹3.0 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Retail Sales Manager at SBI Securities earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Retail Sales 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 4 SBI Securities employees in India.

What is the estimated take home salary of a Retail Sales Manager at SBI Securities in India?

The estimated take-home salary of a Retail Sales Manager at SBI Securities in India typically ranges from ₹26,091 to ₹27,514 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 2 years to 8 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 4 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 Retail Sales Manager at SBI Securities ?

To be a Retail Sales Manager at SBI Securities in india, the key skills required include:

- Cross Selling
- Team Handling
- Insurance
- broking
- Casa

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 Retail Sales Manager in India?

Bharat Petroleum	₹20.0 Lakhs to ₹45.0 Lakhs per year
Vodafone Idea	₹5.0 Lakhs to ₹12.4 Lakhs per year
Times Internet	₹6.0 Lakhs to ₹8.4 Lakhs per year
DineOut	₹3.6 Lakhs to ₹7.2 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 Retail Sales Manager in companies similar to SBI Securities in India?

The salary of a Retail Sales Manager at companies similar to SBI Securities in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Securities

₹2.2 Lakhs to ₹4.5 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 Retail Sales Manager at SBI Securities in India?

The salary growth for a Retail Sales Manager at SBI Securities depends on factors such as experience, performance, and promotions. On average, a Retail Sales Manager can expect the following growth trajectory at SBI Securities:

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹6.1 Lakhs per year
3 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
4 years	₹3.0 Lakhs to ₹6.2 Lakhs per year
5 years	₹3.1 Lakhs to ₹4.0 Lakhs per year

and so on.

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SBI Securities Retail Sales Manager Salaries

SBI Securities Retail Sales Manager salary in India ranges between ₹3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Securities latest salaries received from various employees of SBI Securities.