SBI Securities Retail Sales Manager Salaries by 4 Employees (Updated 2024)

2 - 8 years exp.

₹3 Lakhs - ₹3.8 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 - ₹3.6 L/yr
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Marketing & Communication Retail Sales Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.8 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 14% less
DineOut Retail Sales Manager Salary 0 - 6 years exp. (32 salaries)	₹3.6 L/yr - ₹7.2 L/yr 65% more
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Vodafone Idea Retail Sales Manager Salary 5 - 14 years exp. (26 salaries)	₹5 L/yr - ₹11.2 L/yr 90% more
Times Internet Retail Sales Manager Salary 0 - 6 years exp. (33 salaries)	₹5.4 L/yr - ₹8.4 L/yr 79% more
Bharat Petroleum Retail Sales Manager Salary 6 - 12 years exp. (21 salaries)	₹13 L/yr - ₹45 L/yr 753% more

Retail Sales Manager salary at SBI Securities ranges between ₹3 Lakhs to ₹3.8 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 - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.5 L/yr

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Similar Designation salaries in SBI Securities

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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

Sales Manager in Chandigarh

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Jul 2024

1.0

for Salary and Benefits

Likes

...ife balance,lots of Pressure in Third party Insurance. No HR and Senior Support. No salary and Appraisals

Dislikes

No salary satisfaction and appraisal No HR and Senior support Pressure of Selling of third party products like mutual funds, General Insurance/Health, Brokerage Customer Requirement

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

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

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.

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

Dislikes

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

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

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 .

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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SBI Securities Retail Sales Manager Salary FAQs

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

Retail Sales Manager salary at SBI Securities in India ranges between ₹3.0 Lakhs to ₹3.8 Lakhs for experience between 2 years to 8 years. According to our estimates it is 54% less than the average Retail Sales Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities India.

How does the salary of a Retail Sales Manager at SBI Securities India compare with the average salary range for this job?

The average salary of a Retail Sales Manager at SBI Securities is 54% less than the average salary of a Retail Sales Manager in India. To know exact salary insights, login to view.

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

Cross Selling, Team Handling, Insurance, broking and Casa are some of the popular skills required to work as a Retail Sales Manager at SBI Securities India.

Which similar companies are paying more than SBI Securities to a Retail Sales Manager in India?

Bharat Petroleum Retail Sales Manager Salary - ₹13.0 Lakhs to ₹45.0 Lakhs per year
Vodafone Idea Retail Sales Manager Salary - ₹5.0 Lakhs to ₹11.2 Lakhs per year
Times Internet Retail Sales Manager Salary - ₹5.4 Lakhs to ₹8.4 Lakhs per year
DineOut Retail Sales Manager Salary - ₹3.6 Lakhs to ₹7.2 Lakhs per year

What is the salary of a Retail Sales Manager in companies similar to SBI Securities in India?

ICICI Securities Retail Sales Manager Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year

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 ranges between ₹26,306 per month to ₹27,725 per month in India. The take-home salary calculation is based on the average SBI Securities Retail Sales Manager salary in India which ranges between ₹3.0 Lakhs to ₹3.8 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Retail Sales Manager at SBI Securities?

According to AmbitionBox, 67% of the SBI Securities Retail Sales Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Securities Retail Sales Manager Salaries

SBI Securities Retail Sales Manager salary in India ranges between ₹3 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Securities latest salaries received from various employees of SBI Securities.