SBI Securities Mumbai Sales Officer Salaries by 6 Employees

0 - 3 years exp.

₹2 Lakhs - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

25% less than the average Sales Officer Salary in Financial Services Companies for 0 - 3 years of experience

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Last Updated: 19 Nov 2023

Companies similar to SBI Securities for Sales Officer in Mumbai

SBI Securities Sales Officer Salary

0 - 3 years exp. (6 salaries)

₹2 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Sales Sales Officer Salary 0 - 7 years exp. (38 salaries)	₹2 L/yr - ₹3.6 L/yr 7% more	3 job openings
Axis Direct Sales Officer Salary 0 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 1% less
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Cholamandalam Investment & Finance Sales Officer Salary 3 - 6 years exp. (4 salaries)	₹2 L/yr - ₹3 L/yr 6% more
Kotak Securities Sales Officer Salary 0 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹4.1 L/yr 16% more
Citicorp Sales Officer Salary 8 - 9 years exp. (3 salaries)	₹14.2 L/yr - ₹20.5 L/yr 490% more
HSBC Group Sales Officer Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.8 L/yr 29% more

Sales Officer salary at SBI Securities ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Sales Officer salaries in Mumbai

Last Updated: 19 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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2 years (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr

Similar Designation salaries in SBI Securities

Relationship Officer Salary

(89 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(40 salaries)

₹5.09 L/yr - ₹15.7 L/yr

Sales Executive Salary

(34 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Sales Manager Salary

(23 salaries)

₹3.15 L/yr - ₹6.75 L/yr

Team Lead Salary

(15 salaries)

₹3.5 L/yr - ₹9.4 L/yr

Senior Sales Officer Salary

(3 salaries)

₹2.2 L/yr - ₹2.8 L/yr

Top skills at SBI Securities for Sales Officer

demat Trading Account Opening Banking broking Retail Sales Marketing Sales Communication Skills Home Loans housing loan Mortgage Loans Demat Lap Retail Assets

Salary related reviews for SBI Securities

Sales Executive in Visakhapatnam

Full Time

Sales & Business Development Department

5.0

• posted on 19 Mar 2025

5.0

for Salary and Benefits

Likes

My work is in branch customer service and give them demat account and explained smart value plans this is my work. I like customer service.

Salary - Excellent

+3 more

Dislikes

...t value plans because customer not interested doing trading. this is my problem.salary is not good, promotions very slow, not permanently job role.

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

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Securities Sales Officer Salary FAQs

What is the salary of Sales Officer at SBI Securities in Mumbai?

The average salary of a Sales Officer at SBI Securities in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Sales Officer in Mumbai at SBI Securities earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Sales Officer 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 6 SBI Securities employees in India.

What is the estimated take home salary of a Sales Officer at SBI Securities in Mumbai?

The estimated take-home salary of a Sales Officer at SBI Securities in Mumbai typically ranges from ₹18,014 to ₹19,707 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 salaries received from various employees of SBI Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sales Officer at SBI Securities in Mumbai?

To be a Sales Officer at SBI Securities in Mumbai, the key skills required include:

- demat
- Trading
- Account Opening
- Banking
- broking

These skills are highly valued at SBI Securities and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Securities for Sales Officer in India?

Citicorp	₹14.2 Lakhs to ₹20.5 Lakhs per year
HSBC Group	₹2.2 Lakhs to ₹3.8 Lakhs per year
Kotak Securities	₹2.1 Lakhs to ₹4.1 Lakhs per year
HDFC Sales	₹2.0 Lakhs to ₹3.6 Lakhs per year
Cholamandalam Investment & Finance	₹2.0 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 Officer in companies similar to SBI Securities in Mumbai?

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

Axis Direct

₹2.0 Lakhs to ₹3.0 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 Officer at SBI Securities in Mumbai?

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹2.4 Lakhs to ₹2.5 Lakhs per year
3 years	₹2.3 Lakhs to ₹2.9 Lakhs per year

and so on.

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SBI Securities Sales Officer Salaries in Mumbai

SBI Securities Sales Officer salary in Mumbai ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 SBI Securities latest salaries received from various employees of SBI Securities.