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Merchant Manager

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Merchant Manager Salary in India (Updated 2025)

based on 65 latest salaries • updated: 17 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹3 Lakhs - ₹12.8 Lakhs

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High Confidence means the data is based on a large number of latest salaries.
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Merchant Manager Salary in India ranges between ₹3 Lakhs to ₹12.8 Lakhs for 2 years of experience to 17 years of experience. Salary estimates are based on 65 latest salaries received from Merchant Manager.

Latest annual salaries shared by Merchant Managers

4w ago

ICICI Bank

Merchant Manager

10 years exp.

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1mo ago

Jawandsons

Merchant Manager

15 years exp.

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2mo ago

HDFC Bank

Merchant Manager

15 years exp.

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2mo ago

HDFC Bank

Merchant Manager

13 years exp.

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2mo ago

Kudu Knit Process

Merchant Manager

11 years exp.

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4mo ago

Cheer Sagar Exports

Merchant Manager

13 years exp.

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4mo ago

Yoke Corporation

Merchant Manager

13 years exp.

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7mo ago

HDFC Bank

Merchant Manager

11 years exp.

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9mo ago

HDFC Bank

Merchant Manager

10 years exp.

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9mo ago

HDFC Bank

Merchant Manager

14 years exp.

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View all latest salaries

Merchant Manager salaries by

Years of experience Avg. annual salary
2 years
(5 salaries)
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₹0.2 L/yr - ₹6.5 L/yr

3 years
(4 salaries)
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₹3.1 L/yr - ₹4.8 L/yr

4 years
(2 salaries)
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₹3.6 L/yr - ₹7.2 L/yr

5 years
(5 salaries)
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₹3 L/yr - ₹4.8 L/yr

6 years
(2 salaries)
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₹5.4 L/yr - ₹7.2 L/yr

View all salaries by experience

Merchant Manager Jobs in India

Merchant Manager

· 5-10 years

Talent Corner Hr Services

₹3.5 L/yr - ₹5 L/yr

Mumbai

View all Merchant Manager jobs

Similar Designation Salary

Similar Designation Avg. annual salary
Assistant Manager Salary
2 - 13 years exp.
(6L salaries)
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₹3 L/yr - ₹17 L/yr

Department Manager Salary
1 - 13 years exp.
(13.8k salaries)
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₹2.5 L/yr - ₹20 L/yr

Sourcing Manager Salary
3 - 18 years exp.
(3.7k salaries)
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₹3.2 L/yr - ₹27 L/yr

Senior Manager Salary
6 - 20 years exp.
(1.7L salaries)
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₹7.1 L/yr - ₹40.8 L/yr

Merchandiser Salary
1 - 10 years exp.
(15.1k salaries)
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₹1.6 L/yr - ₹7.3 L/yr

View more similar designations

Top skills for Merchant Manager

1 Merchant Manager jobs demanding these skills arrow-logo

Merchant Manager Salary By Locations

Locations Avg. annual salary
New Delhi
Merchant Manager
8 - 17 years exp.
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₹4.2 L/yr - ₹9.5 L/yr

Mumbai
Merchant Manager
3 - 13 years exp.
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₹3.5 L/yr - ₹9.5 L/yr

Bangalore / Bengaluru
Merchant Manager
10 - 17 years exp.
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₹8 L/yr - ₹12 L/yr

Chennai
Merchant Manager
2 - 14 years exp.
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₹6.5 L/yr - ₹9.6 L/yr

Bikaner
Merchant Manager
11 - 15 years exp.
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₹10.3 L/yr - ₹12.8 L/yr

View More

Merchant Manager Salary By Industries

Industries Avg. annual salary

Financial Services

Merchant Manager
3 - 15 years exp.
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₹3.1 L/yr - ₹12.8 L/yr

Banking

Merchant Manager
3 - 15 years exp.
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₹3.1 L/yr - ₹12.8 L/yr

NBFC

Merchant Manager
10 - 15 years exp.
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₹6.2 L/yr - ₹12.8 L/yr

Media & Entertainment / Publishing

Merchant Manager
10 - 15 years exp.
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₹6.4 L/yr - ₹12.8 L/yr

Insurance

Merchant Manager
10 - 15 years exp.
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₹6.4 L/yr - ₹12.8 L/yr

View More

Frequently Asked Questions (FAQS) about Merchant Manager Salaries

What is the salary of a Merchant Manager in India?
The salary of a Merchant Manager in India varies based on experience, location, company & Industry. On average, Merchant Manager salaries ranges from ₹3.0 Lakhs to ₹12.8 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹3.0 Lakhs to ₹12.8 Lakhs per year, with the highest salary reaching ₹ Lakhs to ₹ Lakh per year. Salary estimates are based on 65 salaries received from various Merchant Managers across industries.
What are the top paying cities for Merchant Manager in India?
The annual salary for Merchant Manager in India varies by location. Top paying cities for Merchant Manager are
Merchant Manager Salary in New Delhi ₹4.2 Lakhs to ₹9.5 Lakhs per year
Merchant Manager Salary in Mumbai ₹3.5 Lakhs to ₹9.5 Lakhs per year
Merchant Manager Salary in Bangalore / Bengaluru ₹8.0 Lakhs to ₹12.0 Lakhs per year
Merchant Manager Salary in Chennai ₹6.5 Lakhs to ₹9.6 Lakhs per year
Merchant Manager Salary in Bikaner ₹10.3 Lakhs to ₹12.8 Lakhs per year
Salary expectations for Merchant Manager may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for Merchant Manager in India?
Top 5 paying Industries for Merchant Manager in India are:
Merchant Manager Salary in Financial Services ₹3.1 Lakhs to ₹12.8 Lakhs per year
Merchant Manager Salary in Banking ₹3.1 Lakhs to ₹12.8 Lakhs per year
Merchant Manager Salary in NBFC ₹6.2 Lakhs to ₹12.8 Lakhs per year
Merchant Manager Salary in Media & Entertainment / Publishing ₹6.4 Lakhs to ₹12.8 Lakhs per year
Merchant Manager Salary in Insurance ₹6.4 Lakhs to ₹12.8 Lakhs per year
How does experience affect salaries of a Merchant Manager in India?
Experience significantly impacts a Merchant Manager salary in India. Salaries increase with experience, as Merchant Manager take on more complex tasks, responsibilities, and leadership roles. Merchant Manager salary at different experience level are as follows:
Experience Average Salary Range
2 years ₹0.2 Lakhs to ₹6.5 Lakhs per year
3 years ₹3.1 Lakhs to ₹4.8 Lakhs per year
4 years ₹3.6 Lakhs to ₹7.2 Lakhs per year
5 years ₹3.0 Lakhs to ₹4.8 Lakhs per year
and so on.

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