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Sharekhan Senior Branch Manager salaries in India

Annual salary range
13 - 20 years exp.
₹8.8 Lakhs - ₹20 Lakhs
Salary of majority employees
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Fixed (88%)
₹11.4 Lakhs
Variable (12%)
₹1.6 Lakh
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19% more than the average Senior Branch Manager Salary in Financial Services Companies for 13 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Branch Manager Salary
13 - 20 years exp. (7 salaries)
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₹12 L/yr - ₹20 L/yr

Finance & Accounting
Senior Branch Manager Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹14.3 L/yr

Last Updated: 24 Sep 2024

Companies similar to Sharekhan for Senior Branch Manager

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Kotak Securities Senior Branch Manager Salary

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Edelweiss Senior Branch Manager Salary

14 - 17 years exp. (5 salaries)

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₹9 L/yr - ₹9.2 L/yr

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Bajaj Finserv Senior Branch Manager Salary

4 - 9 years exp. (23 salaries)

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₹4 L/yr - ₹9.5 L/yr

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Religare Senior Branch Manager Salary

11 - 19 years exp. (16 salaries)

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₹9 L/yr - ₹16.5 L/yr

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₹10 L/yr - ₹17.5 L/yr

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₹5 L/yr - ₹8 L/yr

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₹10 L/yr - ₹12 L/yr

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ICICI Securities Senior Branch Manager Salary

10 - 15 years exp. (4 salaries)

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₹7.2 L/yr - ₹11 L/yr

arrow icon 43% less
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Bajaj Capital Senior Branch Manager Salary

5 - 11 years exp. (4 salaries)

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₹3 L/yr - ₹8 L/yr

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The Muthoot Group Senior Branch Manager Salary

11 - 20 years exp. (4 salaries)

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₹7 L/yr - ₹14.5 L/yr

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₹6.1 L/yr - ₹13.5 L/yr

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₹8.4 L/yr - ₹10 L/yr

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Alankit Senior Branch Manager Salary

8 - 14 years exp. (3 salaries)

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₹5 L/yr - ₹8.6 L/yr

arrow icon 47% less

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Senior Branch Manager salary at Sharekhan ranges between ₹8.8 Lakhs to ₹20 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 17 latest salaries received from various employees of Sharekhan.

Latest annual salaries shared by Sharekhan Senior Branch Manager

5mo ago
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17 years exp.
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18 years exp.
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18 years exp.
7mo ago
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16 years exp.
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18 years exp.
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18 years exp.
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18 years exp.
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16 years exp.
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16 years exp.
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17 years exp.

Experience wise Sharekhan Senior Branch Manager salaries

Last Updated: 24 Sep 2024

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)

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₹8.8 L/yr - ₹15 L/yr
15+ years  (14 salaries)

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₹9 L/yr - ₹20 L/yr

Similar Designation salaries in Sharekhan

Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.6 L/yr
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₹3.5 L/yr - ₹14 L/yr
Branch Manager Salary
(60 salaries)
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₹4.2 L/yr - ₹14.3 L/yr
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₹2.16 L/yr - ₹6.25 L/yr
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₹2.9 L/yr - ₹6.6 L/yr
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₹2 L/yr - ₹9.9 L/yr
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₹4.8 L/yr - ₹10 L/yr
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₹4.6 L/yr - ₹9.5 L/yr
Sales Manager Salary
(12 salaries)
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₹2 L/yr - ₹9.9 L/yr
Branch Sales Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr

Salary related reviews for Sharekhan

3.4

Rated by 6 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 13 Jan 2024

4.0
 for  Salary and Benefits

Likes

Feel proud till 2020 dec after that many changes and after 2021 accountability only bottom team only

  • Salary - Good
  • +1 more

Dislikes

Keep on changing kra what they higher possition required.. 20k salary people sells same products same pressure and salary 50k or 100k also same

read more
  • Job security - Bad

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 14 Apr 2022

5.0
 for  Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good salary hike and bonus every year

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  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues

Full Time

 · 

Commodity Department

4.0
  •  posted on 04 Sep 2021

3.0
 for  Salary and Benefits

Likes

Good company to work. Salaries are low. Work pressure is high due to less staff but still tolerable. Less target pressures. Some seniors are supportive, some not. Good client base provided with regular new accounts addition from sales. Jobs are relatively safe, just keep doing efforts. Sharekhan gets good leads and good business due to this good incentives and yearly bonus can be made. 25 mandatory leaves in a year. One can definitely go and join without thinking twice. This could be a long term job you don't want to leave.

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  • Skill development - Excellent
  • +4 more

Dislikes

...ine increments for chamchas. New joinees get higher salaries than old employees. Salary difference in senior post and junior post is high. Client meetings pressure will be there if you are in sales but definitely it leads to business generation.

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Sales Department

3.0
  •  posted on 04 Feb 2022

3.0
 for  Salary and Benefits

Likes

I liked that the Salary was on time.

Dislikes

Their is too much pressure for account and funds for a fresher like me. Very much pressure. I am not a fresher that I will have many sources for accounts. Don't join this .

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  • Skill development - Poor
  • +5 more

Stock dealing Department

1.0
  •  posted on 22 Oct 2022

1.0
 for  Salary and Benefits

Likes

For initial exposure looking at stable and safe job you can prefer this company but for other exposure you can't rely.

Dislikes

The list is long from work culture to salary and benefits to appraisal and promotions, nothing is good here. There is lot many politics in the company as the mid level managers seek to prefer only those who is reliable to them even if not to the company. They themselves have a feeling of insecurity and doesn't want to change the field they are playing on, since many years. So, when it comes to appointing someone for the post under them specifically for team leader or branch manager then they look out for person reliable to them even if he is not capable for the post. And this in turn cost to the image of the company and the end service to clients. Secondly, once you build up good rapot with group of clients, specifically HNI clients, you are forced to sell products to such clients which do not suit either their profile or preferences. Besides, such products are just for making or generating brokerages even at the cost of clients portfolios. Also, at regular intervals you will be asked to make clients purchase certain stocks which are of low fundamentals, as may higher level management make some insider settings with group of large investors to get their certain stocks offloaded to your HNI or semi HNI clients and these gets them certain cuts from such group of large investors or operators. And when there comes fall to such stocks top management ask their research team to make a fundamental report to justify the forced purchases of such stocks. And the worst case is, even if you achieve over and above targets of brokerage revenue and TPPs, they find there some ways to cut your incentives either in the name of policy changes for incentives or non completion of TPPs targets revised at near to end of the year, though you would have completed all TPPs targets laid before or at the beginning of the year. So, only if you are trustworthy to mid level managers you get everything. Even if you won't work your upper level managers make it for you. You should have quality of being trustworthy to these managers to remain safe and secure to your job. Low Increment and late appraisal are two factors affecting for hard working employees. If you are hard working employees reliable to company you will be loaded with more work. In all there is no job satisfaction or skill development & environment is hectic.

read more
  • Salary - Bad
  • +5 more
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Sharekhan Senior Branch Manager Salary FAQs

What is the salary of Senior Branch Manager at Sharekhan?
Senior Branch Manager salary at Sharekhan in India ranges between ₹8.8 Lakhs to ₹20.0 Lakhs for experience between 13 years to 20 years. According to our estimates it is 19% more than the average Senior Branch Manager Salary in India. Salary estimates are based on 17 latest salaries received from various employees of Sharekhan India.
How does the salary of a Senior Branch Manager at Sharekhan India compare with the average salary range for this job?
The average salary of a Senior Branch Manager at Sharekhan is 19% more than the average salary of a Senior Branch Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Sharekhan to a Senior Branch Manager in India?
  • Nippon Life India Asset Management Senior Branch Manager Salary - ₹10.0 Lakhs to ₹17.5 Lakhs per year
What is the salary of a Senior Branch Manager in companies similar to Sharekhan in India?
  • Religare Senior Branch Manager Salary - ₹9.0 Lakhs to ₹16.5 Lakhs per year
  • Aditya Birla Capital Senior Branch Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
  • The Muthoot Group Senior Branch Manager Salary - ₹7.0 Lakhs to ₹14.5 Lakhs per year
  • Motilal Oswal Financial Services Senior Branch Manager Salary - ₹8.4 Lakhs to ₹10.0 Lakhs per year
  • Edelweiss Senior Branch Manager Salary - ₹9.0 Lakhs to ₹9.2 Lakhs per year
What is the estimated take home salary of a Senior Branch Manager at Sharekhan in India?
The estimated take-home salary of a Senior Branch Manager at Sharekhan ranges between ₹91,833 per month to ₹94,291 per month in India. The take-home salary calculation is based on the average Sharekhan Senior Branch Manager salary in India which ranges between ₹8.8 Lakhs to ₹20.0 Lakhs per year for employees with experience between 13 years to 20 years. Check how did we calculate take home salary?
What is the notice period for Senior Branch Manager at Sharekhan?
According to AmbitionBox, 75% of the Sharekhan Senior Branch Managers reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Sharekhan Senior Branch Manager salary in India ranges between ₹8.8 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 17 Sharekhan latest salaries received from various employees of Sharekhan.