SBI Securities Indore Sales Manager Salaries by 5 Employees (Updated 2025)

6 - 12 years exp.

₹4 Lakhs - ₹4.6 Lakhs

Salary of majority employees

31% less than the average Sales Manager Salary in Financial Services Companies for 6 - 12 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Marketing & Communication Sales Manager Salary 6 - 9 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Sales Manager Salary 12 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.8 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: 25 Jan 2025

Companies similar to SBI Securities for Sales Manager in Indore

SBI Securities Sales Manager Salary

6 - 12 years exp. (5 salaries)

₹4 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Sales Manager Salary 0 - 6 years exp. (11 salaries)	₹2.3 L/yr - ₹3.6 L/yr 28% less
Edelweiss Sales Manager Salary 8 - 10 years exp. (3 salaries)	₹6 L/yr - ₹7.5 L/yr 44% more
Login to view exact salary
Angel One Sales Manager Salary 1 - 8 years exp. (7 salaries)	₹2.4 L/yr - ₹4 L/yr 24% less
Motilal Oswal Financial Services Sales Manager Salary 5 - 9 years exp. (6 salaries)	₹4.7 L/yr - ₹7.3 L/yr 24% more	1 job opening
American Express Sales Manager Salary 7 - 12 years exp. (5 salaries)	₹10 L/yr - ₹18.9 L/yr 178% more
Cholamandalam Investment & Finance Sales Manager Salary 4 - 10 years exp. (3 salaries)	₹3 L/yr - ₹8 L/yr 10% 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 12 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Sales Manager salaries in Indore

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.1 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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8 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.2 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr

View all

Similar Designation salaries in SBI Securities

Sales Officer Salary

(4 salaries)

₹2.05 L/yr - ₹2.78 L/yr

Branch Manager Salary

(3 salaries)

₹4.4 L/yr - ₹8.1 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 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

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SBI Securities Sales Manager Salary FAQs

What is the salary of Sales Manager at SBI Securities Indore?

Sales Manager salary at SBI Securities in Indore ranges between ₹4.0 Lakhs to ₹4.6 Lakhs for experience between 6 years to 12 years. According to our estimates it is 31% less than the average Sales Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of SBI Securities Indore.

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

The average salary of a Sales Manager at SBI Securities is 31% less than the average salary of a Sales Manager in Indore. 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 Indore.

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

American Express Sales Manager Salary - ₹10.0 Lakhs to ₹18.9 Lakhs per year
Edelweiss Sales Manager Salary - ₹6.0 Lakhs to ₹7.5 Lakhs per year
Motilal Oswal Financial Services Sales Manager Salary - ₹4.7 Lakhs to ₹7.3 Lakhs per year
Cholamandalam Investment & Finance Sales Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year

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

Angel One Sales Manager Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
ICICI Securities Sales Manager Salary - ₹2.3 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Sales Manager at SBI Securities ranges between ₹33,996 per month to ₹35,251 per month in Indore. The take-home salary calculation is based on the average SBI Securities Sales Manager salary in India which ranges between ₹4.0 Lakhs to ₹4.6 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the SBI Securities Sales Managers in Indore reported a notice period of 2 Months, 20% reported a notice period of More than 3 months.This is based on 5 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 5 SBI Securities latest salaries received from various employees of SBI Securities.