SBI Securities Mumbai Senior Manager Salaries by 10+ Employees (Updated 2025)

10 - 18 years exp.

₹8 Lakhs - ₹23.5 Lakhs

Salary of majority employees

25% less than the average Senior Manager Salary in Financial Services Companies for 10 - 18 years of experience

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Salaries in different departments

Product Management Senior Manager Salary 12 - 14 years exp. (3 salaries)	₹15.5 L/yr - ₹20 L/yr
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Teaching & Training Senior Manager Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹19.3 L/yr

Last Updated: 24 Dec 2024

Companies similar to SBI Securities for Senior Manager in Mumbai

SBI Securities Senior Manager Salary

10 - 18 years exp. (12 salaries)

₹8 L/yr - ₹23.5 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Senior Manager Salary 1 - 13 years exp. (163 salaries)	₹6.7 L/yr - ₹20.4 L/yr 19% less
HDFC Securities Senior Manager Salary 10 - 18 years exp. (29 salaries)	₹9 L/yr - ₹21 L/yr 3% less
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Kotak Securities Senior Manager Salary 5 - 18 years exp. (169 salaries)	₹6 L/yr - ₹23 L/yr 14% less
Axis Direct Senior Manager Salary 7 - 17 years exp. (30 salaries)	₹7.4 L/yr - ₹24.5 L/yr 11% less
Sharekhan Senior Manager Salary 6 - 18 years exp. (27 salaries)	₹7.5 L/yr - ₹21 L/yr 10% less
Angel One Senior Manager Salary 6 - 16 years exp. (65 salaries)	₹5.9 L/yr - ₹25.5 L/yr 10% less
Motilal Oswal Securities Senior Manager Salary 7 - 20 years exp. (6 salaries)	₹9.8 L/yr - ₹19.1 L/yr 12% less
Edelweiss Senior Manager Salary 6 - 17 years exp. (153 salaries)	₹7 L/yr - ₹25 L/yr 6% less
Reliance Securities Senior Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr 27% less
Morgan Stanley Senior Manager Salary 5 - 15 years exp. (910 salaries)	₹15 L/yr - ₹54 L/yr 104% more
Motilal Oswal Financial Services Senior Manager Salary 6 - 19 years exp. (112 salaries)	₹5.9 L/yr - ₹20 L/yr 25% less
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Citicorp Senior Manager Salary 5 - 17 years exp. (90 salaries)	₹9.5 L/yr - ₹28 L/yr 28% more
Marsh McLennan Senior Manager Salary 7 - 16 years exp. (82 salaries)	₹14 L/yr - ₹47.2 L/yr 64% more	1 job opening
State Street Corporation Senior Manager Salary 10 - 19 years exp. (48 salaries)	₹14.5 L/yr - ₹40 L/yr 83% more
BNP Paribas Senior Manager Salary 8 - 18 years exp. (21 salaries)	₹11.5 L/yr - ₹35.4 L/yr 26% more
American Express Senior Manager Salary 8 - 13 years exp. (17 salaries)	₹18.2 L/yr - ₹55.9 L/yr 173% more	1 job opening
Morningstar Senior Manager Salary 11 - 18 years exp. (16 salaries)	₹18 L/yr - ₹38 L/yr 63% more
UBS Senior Manager Salary 6 - 16 years exp. (7 salaries)	₹25 L/yr - ₹48 L/yr 81% more
Aon Senior Manager Salary 10 - 17 years exp. (3 salaries)	₹12 L/yr - ₹23.5 L/yr 12% more	1 job opening
Cholamandalam Investment & Finance Senior Manager Salary 9 - 10 years exp. (3 salaries)	₹8.7 L/yr - ₹21 L/yr 27% less

Senior Manager salary at SBI Securities ranges between ₹8 Lakhs to ₹23.5 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 12 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Senior Manager salaries in Mumbai

Last Updated: 24 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹20 L/yr
11 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹29.4 L/yr
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12 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.5 L/yr
13 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹30.4 L/yr
14 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹20.5 L/yr
15+ years (4 salaries)	₹8 L/yr - ₹23.5 L/yr

View all

Similar Designation salaries in SBI Securities

Deputy Manager Salary

(37 salaries)

₹5.09 L/yr - ₹15.7 L/yr

Sales Manager Salary

(26 salaries)

₹2.75 L/yr - ₹6.75 L/yr

Branch Manager Salary

(4 salaries)

₹6.65 L/yr - ₹10 L/yr

Salary related reviews for SBI Securities

2.3

Rated by 2 employees for salary & benefits

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

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

Relationship Manager in Kota

Sales & Business Development Department

5.0

• posted on 06 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management is transparent

Skill development - Good

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign.On the job training is not given to new joiners.

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.

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Salary Discussions, Hike & Promotions

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SBI Securities Senior Manager Salary FAQs

What is the salary of Senior Manager at SBI Securities Mumbai?

Senior Manager salary at SBI Securities in Mumbai ranges between ₹8.0 Lakhs to ₹23.5 Lakhs for experience between 10 years to 18 years. According to our estimates it is 25% less than the average Senior Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of SBI Securities Mumbai.

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

The average salary of a Senior Manager at SBI Securities is 25% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Securities to a Senior Manager in Mumbai?

American Express Senior Manager Salary - ₹18.2 Lakhs to ₹55.9 Lakhs per year
Morgan Stanley Senior Manager Salary - ₹15.0 Lakhs to ₹54.0 Lakhs per year
State Street Corporation Senior Manager Salary - ₹14.5 Lakhs to ₹40.0 Lakhs per year
UBS Senior Manager Salary - ₹25.0 Lakhs to ₹48.0 Lakhs per year
Marsh McLennan Senior Manager Salary - ₹14.0 Lakhs to ₹47.2 Lakhs per year

What is the salary of a Senior Manager in companies similar to SBI Securities in Mumbai?

Morningstar Senior Manager Salary - ₹18.0 Lakhs to ₹38.0 Lakhs per year
Citicorp Senior Manager Salary - ₹9.5 Lakhs to ₹28.0 Lakhs per year
BNP Paribas Senior Manager Salary - ₹11.5 Lakhs to ₹35.4 Lakhs per year
Aon Senior Manager Salary - ₹12.0 Lakhs to ₹23.5 Lakhs per year
HDFC Securities Senior Manager Salary - ₹9.0 Lakhs to ₹21.0 Lakhs per year

What is the estimated take home salary of a Senior Manager at SBI Securities in Mumbai?

The estimated take-home salary of a Senior Manager at SBI Securities ranges between ₹1,09,746 per month to ₹1,12,782 per month in Mumbai. The take-home salary calculation is based on the average SBI Securities Senior Manager salary in India which ranges between ₹8.0 Lakhs to ₹23.5 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at SBI Securities in Mumbai?

According to AmbitionBox, 90% of the SBI Securities Senior Managers in Mumbai reported a notice period of 3 Months, 10% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

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SBI Securities Senior Manager Salaries in Mumbai

SBI Securities Senior Manager salary in Mumbai ranges between ₹8 Lakhs to ₹23.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 SBI Securities latest salaries received from various employees of SBI Securities.