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BM

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BM Salary in Financial Services in India

based on 324 latest salaries • updated: 18 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹2.1 Lakhs - ₹10.8 Lakhs

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

Years of experience Avg. Annual Salary
2 years
(12 salaries)
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₹2 L/yr - ₹4.3 L/yr

3 years
(19 salaries)
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₹2.1 L/yr - ₹5.4 L/yr

4 years
(27 salaries)
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₹2.1 L/yr - ₹6.8 L/yr

5 years
(38 salaries)
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₹2.4 L/yr - ₹6.5 L/yr

6 years
(40 salaries)
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₹1.8 L/yr - ₹6.7 L/yr

View all salaries by experience
BM Salary in India ranges between ₹2.1 Lakhs to ₹10.8 Lakhs for 2 years of experience to 15 years of experience . Salary estimates are based on 324 latest salaries received from BM.
See latest salaries

BM salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
BM Salary
3 - 15 years exp. (65 salaries)
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₹2.4 L/yr - ₹10.5 L/yr

Sales & Business Development
BM Salary
2 - 15 years exp. (65 salaries)
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₹2.1 L/yr - ₹10 L/yr

View all departments salaries

Latest annual salaries shared by BMs

3d ago

Probus Insurance Broker Private limited

BM

12 years exp.

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4d ago

ICICI Bank

BM

9 years exp.

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5d ago

Tata Capital

BM

10 years exp.

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5d ago

Mahindra Rural Housing Finance

BM

5 years exp.

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6d ago

Vivo

BM

12 years exp.

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6d ago

Unity Small Finance Bank

BM

6 years exp.

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1w ago

Excel Telecom

BM

15 years exp.

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1w ago

Trackon Courier

BM

8 years exp.

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1w ago

Bajaj Finserv

BM

7 years exp.

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1w ago

Swarna Pragati Housing Microfinance

BM

4 years exp.

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View all latest salaries

BM Salary By Locations

Locations Avg Annual Salary
New Delhi
BM
2 - 15 years exp.
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₹1.8 L/yr - ₹8.8 L/yr

Kolkata
BM
2 - 14 years exp.
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₹1.5 L/yr - ₹14 L/yr

Mumbai
BM
2 - 15 years exp.
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₹1.5 L/yr - ₹9 L/yr

Hyderabad / Secunderabad
BM
2 - 15 years exp.
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₹3.1 L/yr - ₹9 L/yr

Bangalore / Bengaluru
BM
2 - 15 years exp.
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₹2 L/yr - ₹8.4 L/yr

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BM Salary In Other Industries

Industries Avg Annual Salary
NBFC
BM
2 - 15 years exp.
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₹2.4 L/yr - ₹8.5 L/yr

Banking
BM
2 - 15 years exp.
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₹2.7 L/yr - ₹13.8 L/yr

Insurance
BM
2 - 15 years exp.
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₹2.8 L/yr - ₹10.5 L/yr

Pharma
BM
3 - 14 years exp.
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₹2.4 L/yr - ₹7.2 L/yr

Internet
BM
2 - 15 years exp.
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₹1.5 L/yr - ₹15 L/yr

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Frequently Asked Questions about BM Salaries

What is the salary of a BM in India?
Salary for a BM in India ranges between ₹2.1 Lakhs to ₹10.8 Lakhs per year. Salary estimates are based on 324 latest salaries received from various BMs across industries.
What is the starting salary for a BM in India?
Average starting Salary for BM in India is around ₹2.1 Lakhs per year (₹17.5k per month). 2 years of minimum experience is required to be a BM.
What is the highest salary for a BM in India?
Highest salary that a BM can earn is ₹7.3 Lakhs per year (₹60.8k per month).
What are the top paying industries for BM in India?
What are the top paying cities for BM in India?
  • Jaipur - ₹2.3 Lakhs to 17.0 Lakhs per year
  • Indore - ₹1.5 Lakhs to 12.8 Lakhs per year
  • New Delhi - ₹1.8 Lakhs to 13.8 Lakhs per year
  • Chennai - ₹3.3 Lakhs to 9.0 Lakhs per year
  • Kolkata - ₹2.0 Lakhs to 12.5 Lakhs per year

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