Sales Manager

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Sales Manager Salary in Banking in India

based on 11.6k latest salaries

Average Annual Salary

6.4 Lakhs

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Estimated Take Home Salary

45,597 - ₹ 46,678

Sales Manager salary in India ranges between ₹ 2.8 Lakhs to ₹ 10.3 Lakhs with an average annual salary of ₹ 6.4 Lakhs. Salary estimates are based on 11.6k latest salaries received from Sales Managers.

Last Updated: 11 Sept, 2024

Salaries in different departments

Sales & Business Development
Sales Manager Salary
2 - 15 years exp. (4.5k salaries)
6.4 Lakhs

₹2.9 L/yr - ₹10.3 L/yr

BFSI, Investments & Trading
Sales Manager Salary
2 - 15 years exp. (2.9k salaries)
6.4 Lakhs

₹2.9 L/yr - ₹10.3 L/yr

Finance & Accounting
Sales Manager Salary
2 - 15 years exp. (724 salaries)
6.4 Lakhs

₹2.9 L/yr - ₹10.2 L/yr

Marketing & Communication
Sales Manager Salary
2 - 15 years exp. (534 salaries)
6.4 Lakhs

₹3 L/yr - ₹10.2 L/yr

Customer Success, Service & Operations
Sales Manager Salary
2 - 15 years exp. (450 salaries)
6.4 Lakhs

₹2.9 L/yr - ₹10.3 L/yr

View all

Average Annual Salary by Experience

Very High Confidence
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Very High Confidence means the data is based on a large number of latest salaries.

Sales Manager salary in India with less than 2 year of experience to 15 years ranges from ₹ 2.8 Lakhs to ₹ 10.3 Lakhs with an average annual salary of ₹ 6.4 Lakhs based on 11.6k latest salaries.

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Top Paying Companies for Sales Manager Select an experience to unlock

Company name Avg Annual Salary
39.9 Lakhs
37.9 Lakhs
30.5 Lakhs
29.2 Lakhs
28.6 Lakhs
View more companies

Similar Designations

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₹1.5 L/yr - ₹3.5 L/yr
27.6 Lakhs
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(41.4k salaries)
11.3 Lakhs
₹5.1 L/yr - ₹21.5 L/yr
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(54k salaries)
6 Lakhs
₹3.4 L/yr - ₹9 L/yr
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(747 salaries)
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₹3.2 L/yr - ₹25.3 L/yr
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(519 salaries)
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Assistant Manager Salary
(63.9k salaries)
5.2 Lakhs
₹2.5 L/yr - ₹12.8 L/yr
Regional Manager Salary
(564 salaries)
16.8 Lakhs
₹5.5 L/yr - ₹32 L/yr
7.7 Lakhs
₹4.5 L/yr - ₹10.9 L/yr
Relationship Manager Salary
(27.5k salaries)
6.6 Lakhs
₹2.5 L/yr - ₹10 L/yr
13 Lakhs
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Team Lead Salary
(9.9k salaries)
8.1 Lakhs
₹2.5 L/yr - ₹21 L/yr
2.7 Lakhs
₹1.7 L/yr - ₹3.8 L/yr
5 Lakhs
₹2.4 L/yr - ₹11.4 L/yr
6.5 Lakhs
₹3.5 L/yr - ₹23.3 L/yr
2.6 Lakhs
₹1.5 L/yr - ₹3.5 L/yr
2.9 Lakhs
₹1.7 L/yr - ₹4.5 L/yr

Top Skills for Sales Managers

based on 43,145 jobs

Skills

Jobs demanding the skill

2

Sales Management

View jobs

3

Business Development

View jobs

4

Lead Generation

View jobs

5

Marketing

View jobs

Popular Banking Companies for Sales Manager in India

Company Name Avg Annual Salary
0 - 17 yrs exp. (4.4k salaries)

6.9 Lakhs

₹1.1 L/yr - ₹13.6 L/yr

0 - 16 yrs exp. (2.4k salaries)

6.7 Lakhs

₹1.2 L/yr - ₹16.3 L/yr

0 - 13 yrs exp. (1.4k salaries)

3.5 Lakhs

₹1 L/yr - ₹7.3 L/yr

0 - 11 yrs exp. (1.1k salaries)

5.7 Lakhs

₹2.3 L/yr - ₹11.1 L/yr

0 - 12 yrs exp. (796 salaries)

5.7 Lakhs

₹1.2 L/yr - ₹11 L/yr

0 - 14 yrs exp. (734 salaries)

6.3 Lakhs

₹2 L/yr - ₹12.1 L/yr

0 - 15 yrs exp. (604 salaries)

5.7 Lakhs

₹1.6 L/yr - ₹15 L/yr

3 - 12 yrs exp. (493 salaries)

6.2 Lakhs

₹2.1 L/yr - ₹12 L/yr

1 - 9 yrs exp. (365 salaries)

5.7 Lakhs

₹3 L/yr - ₹9.3 L/yr

4 - 10 yrs exp. (167 salaries)

6.3 Lakhs

₹2.7 L/yr - ₹13.6 L/yr

Salary related reviews by similar designations like Sales Manager

Sales Officer

4.0
posted on 13 Sep 2024

3.0 for Salary and Benefits

Likes

Salary Improvement required, old & new employee salary pakage are different of same post. Old employees got low package & new appointy get higher pakage of salary.

read more

Dislikes

Salary & Position growth is not available in organization, it is same here at other corporate.

read more

Assistant Manager

3.0
posted on 03 Jul 2024

3.0 for Salary and Benefits

Likes

Salary gets credited on time.learning opportunity.

Dislikes

No option of growth and salary hike percentage is very very low, salary is very low, too much work pressure according to salary. Overall too much work pressure, salary is very low as per 7 years of experience. No major promotion. Salary and promotion is not justified.

read more

Senior Manager

5.0
posted on 31 Jul 2024

4.0 for Salary and Benefits

Likes

Good HR Good learning Ambitious bank So work culture is also competitive Targets used to be stretched and every year incremental target set Long working hours Work life balance is little low

read more

Dislikes

Increment is less Bonus is less Subsidised loan to staff are not available

read more

Sales Executive

5.0
posted on 04 Jun 2024

5.0 for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

read more

Dislikes

No dislikes as such

Area Sales Manager

5.0
posted on 30 Jun 2024

3.0 for Salary and Benefits

Likes

Good People around us and everyone going to support us

Dislikes

Need to work on salary and appraisal front as per other industry

Frequently Asked Questions about Sales Manager Salaries

What is the salary of a Sales Manager in India?
Average salary for a Sales Manager in India is 6.4 Lakhs per year (₹53.1k per month). Salary estimates are based on 11.6k latest salaries received from various Sales Managers across industries.
What are the top paying companies that employ Sales Managers?
What is the starting salary for a Sales Manager in India?
Average starting Salary for Sales Manager in India is around ₹2.8 Lakhs per year (₹23.3k per month). 2 years of minimum experience is required to be a Sales Manager.
What is the highest salary for a Sales Manager in India?
Highest salary that a Sales Manager can earn is ₹10.3 Lakhs per year (₹85.8k per month).
How does Sales Manager Salary in India change with experience?
An Entry Level Sales Manager with less than three years of experience earns an average salary of ₹4.6 Lakhs per year. A mid-career Sales Manager with 4-9 years of experience earns an average salary of ₹5.8 Lakhs per year, while an experienced Sales Manager with 10-20 years of experience earns an average salary of ₹8.0 Lakhs per year.
What are the top paying industries for Sales Manager in India?
What are the top paying cities for Sales Manager in India?
What are the popular/top skills required to become a Sales Manager?
These are the top skills of a Sales Manager based on 43.1k jobs posted by employers.
  • Sales
  • Sales Management
  • Business Development
  • Lead Generation
  • Marketing