SBI Securities Sales Manager Salaries by 100+ Employees (Updated 2025)

4 - 10 years exp.

₹2.4 Lakhs - ₹6.8 Lakhs

Salary of majority employees

33% less than the average Sales Manager Salary in Financial Services Companies for 4 - 10 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development Sales Manager Salary 4 - 10 years exp. (69 salaries)	₹2.6 L/yr - ₹6.6 L/yr
BFSI, Investments & Trading Sales Manager Salary 4 - 10 years exp. (61 salaries)	₹2.4 L/yr - ₹6.8 L/yr
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Marketing & Communication Sales Manager Salary 5 - 10 years exp. (11 salaries)	₹3 L/yr - ₹5.1 L/yr
Customer Success, Service & Operations Sales Manager Salary 5 - 10 years exp. (7 salaries)	₹2.9 L/yr - ₹5 L/yr
Finance & Accounting Sales Manager Salary 4 - 6 years exp. (4 salaries)	₹4 L/yr - ₹4.7 L/yr

Last Updated: 25 Feb 2025

Companies similar to SBI Securities for Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Sales Manager Salary 2 - 7 years exp. (13 salaries)	₹2 L/yr - ₹6.2 L/yr 9% less
Kotak Securities Sales Manager Salary 3 - 12 years exp. (15 salaries)	₹2.2 L/yr - ₹6 L/yr 6% less
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ICICI Securities Sales Manager Salary 0 - 5 years exp. (265 salaries)	₹1.8 L/yr - ₹4.3 L/yr 32% less
Axis Direct Sales Manager Salary 0 - 10 years exp. (24 salaries)	₹1.5 L/yr - ₹6 L/yr 22% less
Edelweiss Sales Manager Salary 2 - 13 years exp. (95 salaries)	₹3 L/yr - ₹10.5 L/yr 36% more
Motilal Oswal Financial Services Sales Manager Salary 3 - 12 years exp. (108 salaries)	₹2.1 L/yr - ₹8.6 L/yr 21% more
Cholamandalam Investment & Finance Sales Manager Salary 3 - 10 years exp. (75 salaries)	₹2 L/yr - ₹9.2 L/yr 7% more
Angel One Sales Manager Salary 1 - 10 years exp. (59 salaries)	₹1.8 L/yr - ₹6 L/yr 22% less
American Express Sales Manager Salary 5 - 12 years exp. (60 salaries)	₹7 L/yr - ₹22.1 L/yr 185% more
HDFC Sales Sales Manager Salary 1 - 10 years exp. (44 salaries)	₹2.2 L/yr - ₹8.5 L/yr 10% less
Citicorp Sales Manager Salary 4 - 14 years exp. (27 salaries)	₹6.6 L/yr - ₹24 L/yr 192% more
Login to view exact salary
Sharekhan Sales Manager Salary 1 - 16 years exp. (12 salaries)	₹2 L/yr - ₹9.9 L/yr 12% more
Marsh McLennan Sales Manager Salary 5 - 27 years exp. (4 salaries)	₹3.4 L/yr - ₹14 L/yr 131% more
UBS Sales Manager Salary 0 - 20 years exp. (4 salaries)	₹3 L/yr - ₹13 L/yr 24% more
HSBC Group Sales Manager Salary 3 - 5 years exp. (4 salaries)	₹5 L/yr - ₹6 L/yr 19% more	3 job openings
Morningstar Sales Manager Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.6 L/yr 37% less
Aon Sales Manager Salary 3 - 5 years exp. (3 salaries)	₹3.2 L/yr - ₹12 L/yr 72% more
CAMS Sales Manager Salary 0 - 12 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr 170% more	1 job opening
Motilal Oswal Securities Sales Manager Salary 5 - 13 years exp. (3 salaries)	₹3.6 L/yr - ₹6.2 L/yr 1% more
Karvy Stock Broking Sales Manager Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹4.2 L/yr 14% less

Sales Manager salary at SBI Securities ranges between ₹2.4 Lakhs to ₹6.8 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 191 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Sales Manager salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
4 years (13 salaries)	₹3.6 L/yr - ₹5.5 L/yr
5 years (33 salaries)	₹2.6 L/yr - ₹6 L/yr
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6 years (40 salaries)	₹2.6 L/yr - ₹6 L/yr
7 years (33 salaries)	₹3 L/yr - ₹6.6 L/yr
8 years (27 salaries)	₹2.4 L/yr - ₹5.7 L/yr
9 years (24 salaries)	₹2.9 L/yr - ₹6.8 L/yr
10 years (21 salaries)	₹3.3 L/yr - ₹6.8 L/yr

View all

Similar Designation salaries in SBI Securities

Store Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Area Manager Salary

(5 salaries)

₹5.4 L/yr - ₹9.1 L/yr

Branch Manager Salary

(64 salaries)

₹3.7 L/yr - ₹10 L/yr

Area Sales Manager Salary

(17 salaries)

₹2.05 L/yr - ₹6.75 L/yr

Sales Officer Salary

(129 salaries)

₹1.6 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(46 salaries)

₹5.09 L/yr - ₹16 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Senior Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹6 L/yr

Marketing Manager Salary

(4 salaries)

₹2.4 L/yr - ₹3.25 L/yr

Regional Manager Salary

(4 salaries)

₹14 L/yr - ₹23 L/yr

Top skills at SBI Securities for Sales Manager

Sales Management demat Team Handling Team Leading Retail Sales Casa Home Loans Sales equity sales Trading Insurance housing loan Saving Account housing finance Lap

Salary related reviews for SBI Securities

3.4

Rated by 91 employees for salary & benefits

Sales Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 18 Sep 2020

1.0

for Salary and Benefits

Likes

Good work environment and culture . Teammates are supporting well no salary deduction in covid -19,Thanks for company supporting in creitacal situation ,my request is salary correction

Skill development - Excellent

+2 more

Dislikes

I have 6yers experience hear but salary not satisfied ,new joinee are getting more then me almost double for same position There is a bond of 6 years with this company

Salary - Bad

+2 more

Sales Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

5.0

• posted on 11 Jul 2020

3.0

for Salary and Benefits

Likes

Work environment is good and management also taking care in every aspect.

Skill development - Excellent

+4 more

Dislikes

So many politics was there in the company.Career growth is very very slow and salary hikes also not at all good.Appraiser rating was not given as per rating.In Management some are intentionally stop my growth.

Sales Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

3.0

• posted on 29 Nov 2017

3.0

for Salary and Benefits

Likes

The company is open to innvoat tion and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high quality products and has a global client base.i also like that employee rehire policy here.

Skill development - Good

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high.

Work-life balance - Poor

Sales Executive in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 10 Oct 2023

1.0

for Salary and Benefits

Likes

No writing west company no one told previous joining after joining u did not notice period serving u have pay thuthupalish company get way I'm really soryy I'm working in this company bye forever

Dislikes

This company are disliked

Salary - Bad

+6 more

Sales Executive in Jaipur

Full Time

Sales & Business Development Department

5.0

• posted on 30 Aug 2022

3.0

for Salary and Benefits

Likes

Timely salary, Easily and achievable targets, Best part is its process and working, High authorities are always supported, Office head also very supportive person.

Skill development - Good

+4 more

Dislikes

Inner politics, team leaders attitude towards employee, SM is not trustable.

Promotions - Poor

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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SBI Securities Sales Manager Salary FAQs

What is the salary of Sales Manager at SBI Securities?

Sales Manager salary at SBI Securities in India ranges between ₹2.4 Lakhs to ₹6.8 Lakhs for experience between 4 years to 10 years. According to our estimates it is 33% less than the average Sales Manager Salary in India. Salary estimates are based on 191 latest salaries received from various employees of SBI Securities India.

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

The average salary of a Sales Manager at SBI Securities is 33% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

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

Sales Management, demat, Team Handling, Team Leading and Retail Sales are some of the popular skills required to work as a Sales Manager at SBI Securities India.

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

Citicorp Sales Manager Salary - ₹6.6 Lakhs to ₹24.0 Lakhs per year
American Express Sales Manager Salary - ₹7.0 Lakhs to ₹22.1 Lakhs per year
CAMS Sales Manager Salary - ₹12.0 Lakhs to ₹13.0 Lakhs per year
Marsh McLennan Sales Manager Salary - ₹3.4 Lakhs to ₹14.0 Lakhs per year
Aon Sales Manager Salary - ₹3.2 Lakhs to ₹12.0 Lakhs per year

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

Edelweiss Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
UBS Sales Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
Motilal Oswal Financial Services Sales Manager Salary - ₹2.1 Lakhs to ₹8.6 Lakhs per year
HSBC Group Sales Manager Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year
Sharekhan Sales Manager Salary - ₹2.0 Lakhs to ₹9.9 Lakhs per year

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

The estimated take-home salary of a Sales Manager at SBI Securities ranges between ₹35,045 per month to ₹36,284 per month in India. The take-home salary calculation is based on the average SBI Securities Sales Manager salary in India which ranges between ₹2.4 Lakhs to ₹6.8 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 31% of the SBI Securities Sales Managers reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 275 responses on AmbitionBox in last 2 years.

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SBI Securities Sales Manager Salaries

SBI Securities Sales Manager salary in India ranges between ₹2.4 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 191 SBI Securities latest salaries received from various employees of SBI Securities.

SBI Securities Sales Manager salaries in India (Updated 2025)

Companies similar to SBI Securities for Sales Manager

Latest annual salaries shared by SBI Securities Sales Manager

Experience wise SBI Securities Sales Manager salaries

Similar Designation salaries in SBI Securities

Top skills at SBI Securities for Sales Manager

Salary related reviews for SBI Securities

Sales Manager in Bangalore / Bengaluru

Sales Manager in Hyderabad / Secunderabad

Sales Manager in Hyderabad / Secunderabad

Sales Executive in Hyderabad / Secunderabad

Sales Executive in Jaipur

SBI Securities Sales Manager Salary FAQs

Tell us how to improve this page.

SBI Securities Sales Manager Salaries by Location