SDM

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SDM Salary in India

based on 667 latest salaries

Average Annual Salary

9.6 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

26,547 - ₹ 27,938

SDM salary in India ranges between ₹ 2.0 Lakhs to ₹ 65.0 Lakhs with an average annual salary of ₹ 9.6 Lakhs. Salary estimates are based on 667 latest salaries received from SDMs.

Last Updated: 6 Sept, 2024

Salaries in different departments

BFSI, Investments & Trading
SDM Salary
1 - 17 years exp. (136 salaries)
3.4 Lakhs

₹2 L/yr - ₹9 L/yr

Customer Success, Service & Operations
SDM Salary
1 - 16 years exp. (97 salaries)
4 Lakhs

₹2 L/yr - ₹31.2 L/yr

Sales & Business Development
SDM Salary
1 - 13 years exp. (74 salaries)
3.4 Lakhs

₹2 L/yr - ₹11.2 L/yr

Finance & Accounting
SDM Salary
1 - 16 years exp. (40 salaries)
3.8 Lakhs

₹2 L/yr - ₹20 L/yr

Marketing & Communication
SDM Salary
1 - 17 years exp. (29 salaries)
3.4 Lakhs

₹2 L/yr - ₹25 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.

SDM salary in India with less than 1 year of experience to 17 years ranges from ₹ 2.0 Lakhs to ₹ 65.0 Lakhs with an average annual salary of ₹ 9.6 Lakhs based on 667 latest salaries.

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Top Paying Companies for SDM Select an experience to unlock

Company name Avg Annual Salary
95.5 Lakhs
22.9 Lakhs
4.4 Lakhs
3.1 Lakhs

Top Skills for SDMs

based on 14 jobs

Skills

Jobs demanding the skill

1

Project Management

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2

Management

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4

Salesforce

View jobs

5

Outsourcing

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Popular Companies for SDM in India

Company Name Avg Annual Salary
0 - 6 yrs exp. (324 salaries)

3.1 Lakhs

₹1.3 L/yr - ₹4 L/yr

0 - 8 yrs exp. (159 salaries)

4.4 Lakhs

₹2.2 L/yr - ₹6 L/yr

8 - 18 yrs exp. (43 salaries)

95.5 Lakhs

₹40 L/yr - ₹1.5 Cr/yr

11 - 19 yrs exp. (21 salaries)

22.9 Lakhs

₹14 L/yr - ₹30 L/yr

0 - 7 yrs exp. (13 salaries)

2.6 Lakhs

₹1.8 L/yr - ₹3.5 L/yr

8 - 18 yrs exp. (12 salaries)

7.7 Lakhs

₹5.3 L/yr - ₹10 L/yr

15 - 22 yrs exp. (7 salaries)

21.7 Lakhs

₹13.5 L/yr - ₹32 L/yr

4 - 15 yrs exp. (7 salaries)

49.6 Lakhs

₹20 L/yr - ₹84.6 L/yr

9 - 14 yrs exp. (7 salaries)

7.7 Lakhs

₹6.3 L/yr - ₹9.4 L/yr

13 - 17 yrs exp. (7 salaries)

19.9 Lakhs

₹15 L/yr - ₹26 L/yr

Salary related reviews by similar designations like SDM

HDFC Life

SDM

4.0
posted on 24 Aug 2021

3.0 for Salary and Benefits

Likes

Work culture, Supportive system, Best support from operation department (spl Sagarbhai of Valsad Branch), Very easy to understand the system

read more

Dislikes

Low support from HR department, other deduction in salary without any intimation and knowledge, handling 3-4 branch in same salary as one branch which is very low and unaffordable.

read more

IndusInd Bank

SDM

5.0
posted on 08 Mar 2018

5.0 for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the tact that I am a part of a team that markets reliable, high-quality products and has a global client base.

read more

Dislikes

Compensation is decent, but growth is slow.

HDFC Life

SDM

5.0
posted on 03 May 2022

3.0 for Salary and Benefits

Likes

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

Dislikes

Salary is low and growth is very slow

HDFC Life

SDM

5.0
posted on 18 Jan 2023

3.0 for Salary and Benefits

Likes

I like to work with this great organization because the team is very supportive.

Dislikes

Now a days they offer newjoinees best salary package but my current CTC is below avaerage.

read more

HDFC Life

SDM

3.0
posted on 25 Apr 2023

3.0 for Salary and Benefits

Likes

...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.

read more

Dislikes

The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.

read more

Frequently Asked Questions about SDM Salaries

What is the salary of a SDM in India?
Average salary for a SDM in India is 9.6 Lakhs per year (₹80.1k per month). Salary estimates are based on 667 latest salaries received from various SDMs across industries.
What are the top paying companies that employ SDMs?
What is the starting salary for a SDM in India?
Average starting Salary for SDM in India is around ₹2.0 Lakhs per year (₹16.7k per month). 1 year of minimum experience is required to be a SDM.
What is the highest salary for a SDM in India?
Highest salary that a SDM can earn is ₹65.0 Lakhs per year (₹5.4L per month).
How does SDM Salary in India change with experience?
An Entry Level SDM with less than three years of experience earns an average salary of ₹3.3 Lakhs per year. A mid-career SDM with 4-9 years of experience earns an average salary of ₹8.9 Lakhs per year, while an experienced SDM with 10-20 years of experience earns an average salary of ₹37.2 Lakhs per year.
What are the top paying industries for SDM in India?
What are the top paying cities for SDM in India?
What are the popular/top skills required to become a SDM?
These are the top skills of a SDM based on 14 jobs posted by employers.
  • Project Management
  • Management
  • PMP
  • Salesforce
  • Outsourcing