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SBI Securities Sales Associate salaries in India

Annual salary range
1 - 5 years exp.
₹2 Lakhs - ₹2.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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
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Kotak Securities Sales Associate Salary

0 - 7 years exp. (4 salaries)

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₹1.9 L/yr - ₹3.5 L/yr

arrow icon 24% more
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Sharekhan Sales Associate Salary

0 - 2 years exp. (4 salaries)

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₹2.6 L/yr - ₹3.7 L/yr

arrow icon 41% more
1 job opening
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Angel One Sales Associate Salary

0 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 12% more
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Edelweiss Sales Associate Salary

7 years exp. (3 salaries)

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₹6 L/yr - ₹6.4 L/yr

arrow icon 184% more
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HDFC Sales Sales Associate Salary

0 - 7 years exp. (11 salaries)

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₹1.7 L/yr - ₹2.4 L/yr

arrow icon 1% more
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₹2.6 L/yr - ₹3 L/yr

arrow icon 26% more
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American Express Sales Associate Salary

0 - 6 years exp. (4 salaries)

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₹2.1 L/yr - ₹7.7 L/yr

arrow icon 74% more
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HSBC Group Sales Associate Salary

0 - 8 years exp. (4 salaries)

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₹2.2 L/yr - ₹8 L/yr

arrow icon 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.

Latest annual salaries shared by SBI Securities Sales Associate

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3 years exp.
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4 years exp.

Experience wise SBI Securities Sales Associate salaries

Last Updated: 23 Feb 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.2 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)

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₹1 L/yr - ₹2.5 L/yr

Similar Designation salaries in SBI Securities

Sales Executive Salary
(308 salaries)
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₹1.5 L/yr - ₹4 L/yr
Sales Officer Salary
(124 salaries)
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₹1.6 L/yr - ₹3.5 L/yr
Sales Manager Salary
(196 salaries)
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₹2.4 L/yr - ₹6.75 L/yr
Salesman Salary
(3 salaries)
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₹3 L/yr - ₹4.3 L/yr
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₹1.6 L/yr - ₹3.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Beauty Advisor Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Team Lead Salary
(22 salaries)
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₹3.5 L/yr - ₹9.4 L/yr
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₹2.05 L/yr - ₹6.75 L/yr
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₹2.1 L/yr - ₹3 L/yr

Salary related reviews for SBI Securities

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

read more
  • 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

read more

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.

read more
  • Salary - Bad
  • +6 more

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

read more
  • Job security - Good
  • +1 more

Dislikes

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

read more
  • Skill development - Poor
  • +2 more

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

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  • Salary - Poor

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 .

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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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.

Tell us how to improve this page.

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