BM
Annual salary range
₹2 Lakhs - ₹12 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byBM Salary in India (Updated 2025)
based on 822
latest salaries
• updated:
22 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
BM Salary in India ranges between ₹2 Lakhs to ₹12 Lakhs for 2 years of experience to 15 years of experience. Salary estimates are based on 822 latest salaries received from BM.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
4 -
9
yrs
exp.
(25 salaries)
|
₹2.9 L/yr - ₹7.3 L/yr | |
7 -
12
yrs
exp.
(16 salaries)
|
₹3.5 L/yr - ₹10 L/yr | |
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| ||
5 -
11
yrs
exp.
(12 salaries)
|
₹2.6 L/yr - ₹5 L/yr | |
3 -
9
yrs
exp.
(11 salaries)
|
₹3.2 L/yr - ₹5.7 L/yr | |
4 -
10
yrs
exp.
(9 salaries)
|
₹4.4 L/yr - ₹7 L/yr | |
4 -
11
yrs
exp.
(8 salaries)
|
₹3.1 L/yr - ₹4 L/yr | |
5 -
10
yrs
exp.
(8 salaries)
|
₹3 L/yr - ₹5.9 L/yr | |
4 -
18
yrs
exp.
(7 salaries)
|
₹6.1 L/yr - ₹13.8 L/yr | |
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| ||
10 -
18
yrs
exp.
(7 salaries)
|
₹7.2 L/yr - ₹17.6 L/yr | |
Latest annual salaries shared by BMs
3d ago
Probus Insurance Broker Private limited
BM
12 years exp.
4d ago
ICICI Bank
BM
9 years exp.
5d ago
Tata Capital
BM
10 years exp.
5d ago
Mahindra Rural Housing Finance
BM
5 years exp.
6d ago
Vivo
BM
12 years exp.
6d ago
Unity Small Finance Bank
BM
6 years exp.
1w ago
Excel Telecom
BM
15 years exp.
1w ago
Trackon Courier
BM
8 years exp.
1w ago
Bajaj Finserv
BM
7 years exp.
1w ago
Swarna Pragati Housing Microfinance
BM
4 years exp.
View all latest salaries
BM salaries by
| Years of experience | Avg. annual salary |
|---|---|
2
years
(41
salaries)
|  ₹1.2 L/yr - ₹10 L/yr |
3
years
(51
salaries)
| ₹1.5 L/yr - ₹7.2 L/yr |
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| |
4
years
(73
salaries)
| ₹1.2 L/yr - ₹13.8 L/yr |
5
years
(101
salaries)
| ₹2.1 L/yr - ₹15 L/yr |
6
years
(97
salaries)
| ₹1.8 L/yr - ₹7.5 L/yr |
View all salaries by experience
BM Salary By Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
BM
2 -
15
years
exp.
| ₹1.8 L/yr - ₹11 L/yr |
Kolkata
BM
2 -
14
years
exp.
| ₹1.5 L/yr - ₹14 L/yr |
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| |
Mumbai
BM
2 -
15
years
exp.
| ₹1.5 L/yr - ₹9 L/yr |
Hyderabad / Secunderabad
BM
2 -
15
years
exp.
| ₹3.1 L/yr - ₹9 L/yr |
Bangalore / Bengaluru
BM
2 -
15
years
exp.
| ₹2 L/yr - ₹8.4 L/yr |
View More
BM Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services BM
2 -
15
years
exp.
| ₹2.1 L/yr - ₹11 L/yr |
NBFC BM
2 -
15
years
exp.
| ₹2.4 L/yr - ₹8.5 L/yr |
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| |
Banking BM
2 -
15
years
exp.
| ₹2.7 L/yr - ₹13.8 L/yr |
Insurance BM
2 -
15
years
exp.
| ₹2.8 L/yr - ₹10.5 L/yr |
Pharma BM
3 -
14
years
exp.
| ₹2.4 L/yr - ₹7.2 L/yr |
View More
Frequently Asked Questions (FAQS) about BM Salaries
What is the salary of a BM in India?
The salary of a BM in India varies based on experience, location, company & Industry.
On average, BM salaries ranges from ₹2.0 Lakhs to ₹12.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.0 Lakhs to ₹12.0 Lakhs per year, with the highest salary reaching ₹3.5 Lakhs to ₹6.1 Lakhs per year. Salary estimates are based on 822 salaries received from various BMs across industries.
The average starting salary is around ₹2.0 Lakhs to ₹12.0 Lakhs per year, with the highest salary reaching ₹3.5 Lakhs to ₹6.1 Lakhs per year. Salary estimates are based on 822 salaries received from various BMs across industries.
What are the top paying cities for BM in India?
The annual salary for BM in India varies by location. Top paying cities for BM are
Salary expectations for BM may vary based on job roles, experience, and specific employer requirements.
| BM Salary in New Delhi | ₹1.8 Lakhs to ₹11.0 Lakhs per year |
| BM Salary in Kolkata | ₹1.5 Lakhs to ₹14.0 Lakhs per year |
| BM Salary in Mumbai | ₹1.5 Lakhs to ₹9.0 Lakhs per year |
| BM Salary in Hyderabad / Secunderabad | ₹3.1 Lakhs to ₹9.0 Lakhs per year |
| BM Salary in Bangalore / Bengaluru | ₹2.0 Lakhs to ₹8.4 Lakhs per year |
What are the top paying industries for BM in India?
Top 5 paying Industries for BM in India are:
| BM Salary in Financial Services | ₹2.1 Lakhs to ₹11.0 Lakhs per year |
| BM Salary in NBFC | ₹2.4 Lakhs to ₹8.5 Lakhs per year |
| BM Salary in Banking | ₹2.7 Lakhs to ₹13.8 Lakhs per year |
| BM Salary in Insurance | ₹2.8 Lakhs to ₹10.5 Lakhs per year |
| BM Salary in Pharma | ₹2.4 Lakhs to ₹7.2 Lakhs per year |
How does experience affect salaries of a BM in India?
Experience significantly impacts a BM salary in India. Salaries increase with experience, as BM take on more complex tasks, responsibilities, and leadership roles.
BM salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 2 years | ₹1.2 Lakhs to ₹10.0 Lakhs per year |
| 3 years | ₹1.5 Lakhs to ₹7.2 Lakhs per year |
| 4 years | ₹1.2 Lakhs to ₹13.8 Lakhs per year |
| 5 years | ₹2.1 Lakhs to ₹15.0 Lakhs per year |
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