MD

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MD Salary in Financial Services in India

based on 35 latest salaries • updated: 26 Jan 2025
Select an experience to get the exact salary

Annual salary range

₹2.4 Lakhs - ₹3.5 Crores

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Experience wise MD salaries

Years of experience Avg. Annual Salary
1 year
(6 salaries)
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₹2 L/yr - ₹1 Cr/yr

2 years
(1 salaries)
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₹2 L/yr - ₹2 L/yr

3 years
(5 salaries)
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₹11 L/yr - ₹19.7 L/yr

4 years
(5 salaries)
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₹2.5 L/yr - ₹95 L/yr

5 years
(2 salaries)
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₹2.4 L/yr - ₹9 L/yr

View all salaries by experience
MD Salary in India ranges between ₹2.4 Lakhs to ₹3.5 Crores for 1 year of experience to 27 years of experience . Salary estimates are based on 35 latest salaries received from MD.

MD salaries in different departments

Department Avg Annual Salary
Strategic & Top Management
MD Salary
1 - 27 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹1.2 Cr/yr

Finance & Accounting
MD Salary
7 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

MD Salary By Locations

Locations Avg Annual Salary
Mumbai
MD
1 - 24 years exp.
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₹1 L/yr - ₹1 Cr/yr

New Delhi
MD
1 - 25 years exp.
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₹0.4 L/yr - ₹30 L/yr

Hyderabad / Secunderabad
MD
1 - 24 years exp.
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₹5 L/yr - ₹98 L/yr

Bangalore / Bengaluru
MD
1 - 23 years exp.
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₹2.4 L/yr - ₹15 L/yr

Pune
MD
1 - 25 years exp.
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₹6 L/yr - ₹50 L/yr

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MD Salary In Other Industries

Industries Avg Annual Salary
Education & Training
MD
1 - 18 years exp.
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₹0.2 L/yr - ₹98 L/yr

IT Services & Consulting
MD
1 - 27 years exp.
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₹3.6 L/yr - ₹1.1 Cr/yr

Manufacturing
MD
1 - 27 years exp.
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₹0.3 L/yr - ₹3 Cr/yr

Healthcare / Pharma
MD
1 - 22 years exp.
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₹0.4 L/yr - ₹50 L/yr

Beverage
MD
1 - 6 years exp.
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₹1.7 L/yr - ₹3.2 L/yr

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Frequently Asked Questions about MD Salaries

What is the salary of a MD in India?
Salary for a MD in India ranges between ₹2.4 Lakhs to ₹350.0 Lakhs per year. Salary estimates are based on 35 latest salaries received from various MDs across industries.
What is the starting salary for a MD in India?
Average starting Salary for MD in India is around ₹2.4 Lakhs per year (₹20.0k per month). 1 year of minimum experience is required to be a MD.
What are the top paying industries for MD in India?
What are the top paying cities for MD in India?
  • Mumbai - ₹100.0 Lakhs to 100.0 Lakhs per year
  • Kolkata - ₹3.1 Lakhs to 24.0 Lakhs per year
  • Jaipur - ₹6.0 Lakhs to 6.0 Lakhs per year
  • Lucknow - ₹3.0 Lakhs to 3.0 Lakhs per year
  • Ludhiana - ₹2.0 Lakhs to 2.0 Lakhs per year

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