SBI Securities Mumbai Retail Sales Officer Salaries by 6 Employees (Updated 2025)

0 - 3 years exp.

₹1.5 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

35% less than the average Retail Sales Officer Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Retail Sales Officer Salary 1 - 2 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr
Finance & Accounting Retail Sales Officer Salary 0 - 3 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹2.9 L/yr
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Customer Success, Service & Operations Retail Sales Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Last Updated: 19 Feb 2025

Companies similar to SBI Securities for Retail Sales Officer in Mumbai

SBI Securities Retail Sales Officer Salary

0 - 3 years exp. (6 salaries)

₹1.5 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
Tanishq Retail Sales Officer Salary 0 - 10 years exp. (65 salaries)	₹1.5 L/yr - ₹6.5 L/yr 58% more
Titan Company Retail Sales Officer Salary 2 - 11 years exp. (37 salaries)	₹1.8 L/yr - ₹7.8 L/yr 68% more	6 job openings
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Bajaj Allianz Life Insurance Retail Sales Officer Salary 1 - 20 years exp. (11 salaries)	₹3 L/yr - ₹5 L/yr 83% more
Samsung Retail Sales Officer Salary 5 - 12 years exp. (8 salaries)	₹4 L/yr - ₹10.5 L/yr 162% more
Reliance Retail Retail Sales Officer Salary 4 - 8 years exp. (5 salaries)	₹2 L/yr - ₹3.1 L/yr 9% more

Retail Sales Officer salary at SBI Securities ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Retail Sales Officer salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
1 year (3 salaries)	₹2 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr

Similar Designation salaries in SBI Securities

Relationship Manager Salary

(92 salaries)

₹2 L/yr - ₹5.2 L/yr

Relationship Officer Salary

(89 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Sales Manager Salary

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₹3.15 L/yr - ₹6.75 L/yr

Sales Officer Salary

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₹2 L/yr - ₹3 L/yr

Senior Sales Executive Salary

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Senior Sales Officer Salary

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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for SBI Securities

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 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

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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Securities Retail Sales Officer Salary FAQs

What is the salary of Retail Sales Officer at SBI Securities in Mumbai?

The average salary of a Retail Sales Officer at SBI Securities in Mumbai typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Retail Sales Officer in Mumbai at SBI Securities earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Retail Sales Officer 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 6 SBI Securities employees in India.

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

The estimated take-home salary of a Retail Sales Officer at SBI Securities in Mumbai typically ranges from ₹16,321 to ₹18,002 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 salaries received from various employees of SBI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than SBI Securities for Retail Sales Officer in India?

Samsung	₹4.0 Lakhs to ₹10.5 Lakhs per year
Bajaj Allianz Life Insurance	₹3.0 Lakhs to ₹5.0 Lakhs per year
Titan Company	₹1.8 Lakhs to ₹7.8 Lakhs per year
Tanishq	₹1.5 Lakhs to ₹6.5 Lakhs per year
Reliance Retail	₹2.0 Lakhs to ₹3.1 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.

How the salary growth look like for a Retail Sales Officer at SBI Securities in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹2.6 Lakhs per year
1 year	₹2.0 Lakhs to ₹3.0 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.7 Lakhs per year

and so on.

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SBI Securities Retail Sales Officer Salaries in Mumbai

SBI Securities Retail Sales Officer salary in Mumbai ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI Securities latest salaries received from various employees of SBI Securities.