SBI Securities Indore Sales Manager Salaries by 3 Employees (Updated 2024)

6 - 8 years exp.

₹4 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

32% less than the average Sales Manager Salary in Financial Services Companies for 6 - 8 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

Marketing & Communication Sales Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.3 L/yr
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Sales & Business Development Sales Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.7 L/yr

Last Updated: 10 Jul 2024

Companies similar to SBI Securities for Sales Manager in Indore

SBI Securities Sales Manager Salary

6 - 8 years exp. (3 salaries)

₹4 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Sales Manager Salary 0 - 5 years exp. (11 salaries)	₹2.3 L/yr - ₹3.6 L/yr 33% less	1 job opening
Edelweiss Sales Manager Salary 8 - 10 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 38% more
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Angel One Sales Manager Salary 3 - 10 years exp. (7 salaries)	₹3 L/yr - ₹4 L/yr 23% less
Motilal Oswal Financial Services Sales Manager Salary 5 - 9 years exp. (6 salaries)	₹4.7 L/yr - ₹7.3 L/yr 24% more
American Express Sales Manager Salary 7 - 12 years exp. (5 salaries)	₹10 L/yr - ₹18.9 L/yr 162% more

Sales Manager salary at SBI Securities ranges between ₹4 Lakhs to ₹4.6 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Sales Manager salaries in Indore

Last Updated: 10 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.3 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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8 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.3 L/yr

Similar Designation salaries in SBI Securities

Branch Manager Salary

(3 salaries)

₹4.4 L/yr - ₹8.1 L/yr

Sales Officer Salary

(3 salaries)

₹2.2 L/yr - ₹2.91 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

5.0

Rated by 3 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

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

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

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.

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.

Dislikes

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

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

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a technical project manager

Deadend

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 Sales Manager Salary FAQs

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

According to AmbitionBox, 75% of the SBI Securities Sales Managers in Indore reported a notice period of 2 Months, 25% reported a notice period of More than 3 months.This is based on 4 responses on AmbitionBox in last 2 years.

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SBI Securities Sales Manager Salaries in Indore

SBI Securities Sales Manager salary in Indore ranges between ₹4 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 SBI Securities latest salaries received from various employees of SBI Securities.