SBI Securities Sales Associate Salaries by 5 Employees

1 - 5 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

31% less than the average Sales Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 23 Feb 2024

Companies similar to SBI Securities for Sales Associate

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Sales Associate Salary 0 - 7 years exp. (4 salaries)	₹1.9 L/yr - ₹3.5 L/yr 24% more
Sharekhan Sales Associate Salary 0 - 2 years exp. (4 salaries)	₹2.6 L/yr - ₹3.7 L/yr 41% more	1 job opening
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Angel One Sales Associate Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 12% more
Edelweiss Sales Associate Salary 7 years exp. (3 salaries)	₹6 L/yr - ₹6.4 L/yr 184% more
HDFC Sales Sales Associate Salary 0 - 7 years exp. (11 salaries)	₹1.7 L/yr - ₹2.4 L/yr 1% more
Cholamandalam Investment & Finance Sales Associate Salary 3 - 9 years exp. (5 salaries)	₹2.6 L/yr - ₹3 L/yr 26% more
American Express Sales Associate Salary 0 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹7.7 L/yr 74% more
HSBC Group Sales Associate Salary 0 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹8 L/yr 115% more

Sales Associate salary at SBI Securities ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Sales Associate salaries

Last Updated: 23 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr

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Salary related reviews for SBI Securities

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

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SBI Securities Sales Associate Salary FAQs

What is the salary of Sales Associate at SBI Securities ?

The average salary of a Sales Associate at SBI Securities in India typically ranges from ₹2.0 Lakhs to ₹2.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Sales Associate at SBI Securities earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Sales Associate 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 5 SBI Securities employees in India.

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

The estimated take-home salary of a Sales Associate at SBI Securities in India typically ranges from ₹15,176 to ₹16,759 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 5 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 Sales Associate in India?

Edelweiss	₹6.0 Lakhs to ₹6.4 Lakhs per year
HSBC Group	₹2.2 Lakhs to ₹8.0 Lakhs per year
American Express	₹2.1 Lakhs to ₹7.7 Lakhs per year
Sharekhan	₹2.6 Lakhs to ₹3.7 Lakhs per year
Cholamandalam Investment & Finance	₹2.6 Lakhs to ₹3.0 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 Sales Associate in companies similar to SBI Securities in India?

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

Kotak Securities	₹1.9 Lakhs to ₹3.5 Lakhs per year
Angel One	₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Sales	₹1.7 Lakhs to ₹2.4 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 Sales Associate at SBI Securities in India?

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

Experience	Average Salary Range
1 year	₹0.8 Lakhs to ₹2.0 Lakhs per year
2 years	₹0.8 Lakhs to ₹2.2 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.9 Lakhs per year
4 years	₹0.9 Lakhs to ₹2.5 Lakhs per year

and so on.

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SBI Securities Sales Associate Salaries

SBI Securities Sales Associate salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Securities latest salaries received from various employees of SBI Securities.