MD
Annual salary range
₹1 Lakh - ₹1 Crore
Moderate Confidence 
Moderate Confidence means the data is based on a sufficient number of latest salaries.
Filter salaries byMD Salary in Mumbai
based on 23
latest salaries
• updated:
18 Oct 2024
Select an experience to get the exact salary
Salary of majority employees
Experience wise MD salaries
| Years of experience | Avg. Annual Salary |
|---|---|
1
year
(5
salaries)
|  ₹1 L/yr - ₹1 Cr/yr |
2
years
(1
salaries)
| ₹3.3 L/yr - ₹3.3 L/yr |
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| |
3
years
(5
salaries)
| ₹1 L/yr - ₹7 L/yr |
7
years
(2
salaries)
| ₹2.2 L/yr - ₹5.2 L/yr |
15+
years
(10
salaries)
| ₹8 L/yr - ₹1 Cr/yr |
MD Salary in
Mumbai ranges between ₹1
Lakh to ₹1
Crore for
1 year of experience to 24 years of experience
. Salary estimates are based on
23 latest salaries received
from MD.
MD salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Healthcare & Life Sciences
MD Salary
1 - 3
years
exp.
(3
salaries)
| ₹6 L/yr - ₹17 L/yr |
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| |
Strategic & Top Management
MD Salary
1 - 24
years
exp.
(AmbitionBox Estimate)
| ₹43.2 L/yr - ₹1.2 Cr/yr |
View all departments salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
1 yr
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹0.9 L/yr - ₹1.2 L/yr | |
|
28 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹76 L/yr - ₹84 L/yr | |
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| ||
7 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹4.6 L/yr - ₹5.9 L/yr | |
|
19 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹95 L/yr - ₹1.1 Cr/yr | |
16 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹7.2 L/yr - ₹9.2 L/yr | |
|
3 yrs
exp.
.
Mumbai
(AmbitionBox Estimate)
|
₹0.9 L/yr - ₹1.2 L/yr | |
MD Salary In Other Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
MD
1 -
25
years
exp.
| ₹0.4 L/yr - ₹30 L/yr |
Hyderabad / Secunderabad
MD
1 -
24
years
exp.
| ₹5 L/yr - ₹98 L/yr |
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| |
Bangalore / Bengaluru
MD
1 -
23
years
exp.
| ₹2.4 L/yr - ₹15 L/yr |
Pune
MD
1 -
25
years
exp.
| ₹6 L/yr - ₹50 L/yr |
Chennai
MD
1 -
23
years
exp.
| ₹0.1 L/yr - ₹18 L/yr |
View More
MD Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services
MD
1 -
27
years
exp.
| ₹2.4 L/yr - ₹3.5 Cr/yr |
Education & Training
MD
1 -
18
years
exp.
| ₹0.2 L/yr - ₹98 L/yr |
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| |
IT Services & Consulting
MD
1 -
27
years
exp.
| ₹3.6 L/yr - ₹1.1 Cr/yr |
Manufacturing
MD
1 -
27
years
exp.
| ₹0.3 L/yr - ₹3 Cr/yr |
Healthcare / Pharma
MD
1 -
22
years
exp.
| ₹0.4 L/yr - ₹50 L/yr |
View More
Frequently Asked Questions about MD Salaries
What is the salary of a MD in India?
Salary for a MD in India ranges between ₹1.0 Lakhs to ₹100.0 Lakhs per year. Salary estimates are based on 23 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 ₹1.0 Lakhs per year (₹8.3k per month). 1 year of minimum experience is required to be a MD.
What are the top paying industries for MD in India?
- IT Services & Consulting - ₹100.0 Lakhs to 100.0 Lakhs per year
- Education & Training - ₹73.0 Lakhs to 73.0 Lakhs per year
- Healthcare - ₹17.0 Lakhs to 17.0 Lakhs per year
- Consumer Electronics & Appliances - ₹5.2 Lakhs to 5.2 Lakhs per year
What are the top paying cities for MD in India?
- Mumbai - ₹1.0 Lakhs to 102.0 Lakhs per year
- Pune - ₹2.2 Lakhs to 101.0 Lakhs per year
- Hyderabad / Secunderabad - ₹0.1 Lakhs to 101.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 101.0 Lakhs per year
- Bangalore / Bengaluru - ₹1.3 Lakhs to 81.0 Lakhs per year
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