SDM
Annual salary range
₹2 Lakhs - ₹63 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries bySDM Salary in India (Updated 2025)
based on 657
latest salaries
• updated:
18 Apr 2025
Select an experience to get the exact salary
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Salary of majority employees
SDM Salary in India ranges between ₹2 Lakhs to ₹63 Lakhs for 1 year of experience to 17 years of experience. Salary estimates are based on 657 latest salaries received from SDM.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
0 -
7
yrs
exp.
(242 salaries)
|
₹1.8 L/yr - ₹4 L/yr | |
|
0 -
8
yrs
exp.
(184 salaries)
|
₹2.2 L/yr - ₹6.5 L/yr | |
Login to view exact salary
| ||
|
7 -
22
yrs
exp.
(38 salaries)
|
₹40.8 L/yr - ₹1.3 Cr/yr | |
|
11 -
19
yrs
exp.
(19 salaries)
|
₹14 L/yr - ₹28 L/yr | |
|
0 -
7
yrs
exp.
(16 salaries)
|
₹1.8 L/yr - ₹3.5 L/yr | |
|
8 -
18
yrs
exp.
(13 salaries)
|
₹5.3 L/yr - ₹10 L/yr | |
|
9 -
18
yrs
exp.
(7 salaries)
|
₹43.2 L/yr - ₹95.2 L/yr | |
|
3 -
12
yrs
exp.
(7 salaries)
|
₹11.8 L/yr - ₹27 L/yr | |
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| ||
|
2 -
8
yrs
exp.
(7 salaries)
|
₹4 L/yr - ₹4.5 L/yr | |
|
4 -
15
yrs
exp.
(7 salaries)
|
₹20 L/yr - ₹84.6 L/yr | |
Latest annual salaries shared by SDMs
1d ago
IDFC FIRST Bank
SDM
10 years exp.
3d ago
IndusInd Bank
SDM
2 years exp.
3d ago
Infinite Computer Solutions
SDM
2 years exp.
3d ago
HDFC Life
SDM
4 years exp.
6d ago
YourNXT Technologies
SDM
12 years exp.
6d ago
IndusInd Bank
SDM
5 years exp.
Unlock
6d ago
HDFC Life
SDM
5 years exp.
Unlock
1w ago
Optum
SDM
9 years exp.
Unlock
1w ago
Happay
SDM
5 years exp.
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1w ago
IndusInd Bank
SDM
2 years exp.
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SDM salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(77
salaries)
|  Unlock₹1.8 L/yr - ₹4.7 L/yr |
2
years
(113
salaries)
| Unlock ₹1.8 L/yr - ₹4.7 L/yr |
Login to view exact salary
| |
3
years
(77
salaries)
| Unlock ₹1.9 L/yr - ₹5.5 L/yr |
4
years
(72
salaries)
| Unlock ₹2 L/yr - ₹37.3 L/yr |
5
years
(48
salaries)
| Unlock ₹2.3 L/yr - ₹6.5 L/yr |
View all salaries by experience
SDM Jobs in India
SDM
· 4-8 years
GForce Consulting Solutions
Remote
Salary related reviews by similar designations like SDM
HDFC Life
SDM
• posted on 25 Apr 2023
Likes
...l Rules/regulations and values set by the organisation are really praise worthy. Good initial salary package. You will learn communication skills and build confidence but not much technical skills though.
read moreDislikes
The management staff doesn't really follow what has been preached. You will be verbally harassed for not meeting targets, i have seen senior make fun of people based on their looks. According to the company's rules miss selling is a taboo but managers will force you to sell products by hook or crook to meet targets. You will be made to work extra long hours instead of the promised actual time. if it's a big branch with more competation and god forbid if the competition gets good business, you will be chewed up by your senior's on a private call. My friend was in tears when he got shouted on for not being able to get business and it was only his first month. Overall the framework of the company is nice but whether you will enjoy your work life or not depends on the kind of superiors you get.
read more- Work-life balance - Poor
HDFC Life
SDM
• posted on 24 Aug 2021
Likes
Work culture, Supportive system, Best support from operation department (spl Sagarbhai of Valsad Branch), Very easy to understand the system
read more- Skill development - Good
+4 more
Dislikes
Low support from HR department, other deduction in salary without any intimation and knowledge, handling 3-4 branch in same salary as one branch which is very low and unaffordable.
read moreHDFC Life
SDM
• posted on 03 May 2022
Likes
Job security and Good work environment and culture. Teammates are supportive and management is transparent.
- Skill development - Good
+5 more
Dislikes
Salary is low and growth is very slow
HDFC Life
SDM
• posted on 18 Jan 2023
Likes
I like to work with this great organization because the team is very supportive.
- Skill development - Excellent
+4 more
Dislikes
Now a days they offer newjoinees best salary package but my current CTC is below avaerage.
read moreIndusInd Bank
SDM
• posted on 08 Mar 2018
Likes
The company is open to innovation and readily adopts latest technology. I love the tact that I am a part of a team that markets reliable, high-quality products and has a global client base.
read more- Salary - Excellent
+6 more
Dislikes
Compensation is decent, but growth is slow.
Top skills for SDM
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SDM Salary By Locations
| Locations | Avg. annual salary |
|---|---|
New Delhi
SDM
1 -
16
years
exp.
| Unlock ₹2.2 L/yr - ₹18 L/yr |
Bangalore / Bengaluru
SDM
1 -
17
years
exp.
| Unlock ₹2.3 L/yr - ₹73 L/yr |
Login to view exact salary
| |
Mumbai
SDM
1 -
17
years
exp.
| Unlock ₹2.3 L/yr - ₹10 L/yr |
Kolkata
SDM
1 -
14
years
exp.
| Unlock ₹2 L/yr - ₹5 L/yr |
Pune
SDM
1 -
17
years
exp.
| Unlock ₹2.3 L/yr - ₹20 L/yr |
View More
SDM Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services SDM
1 -
10
years
exp.
| Unlock ₹2 L/yr - ₹6 L/yr |
Insurance SDM
1 -
10
years
exp.
| Unlock ₹1.8 L/yr - ₹4 L/yr |
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| |
Banking / Insurance / Accounting SDM
1 -
10
years
exp.
| Unlock ₹1.8 L/yr - ₹3.5 L/yr |
Banking SDM
1 -
17
years
exp.
| Unlock ₹2.3 L/yr - ₹9.5 L/yr |
IT Services & Consulting SDM
3 -
17
years
exp.
| Unlock ₹6 L/yr - ₹1 Cr/yr |
View More
Frequently Asked Questions (FAQS) about SDM Salaries
What is the salary of a SDM in India?
The salary of a SDM in India varies based on experience, location, company & Industry.
On average, SDM salaries ranges from ₹2.0 Lakhs to ₹63.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹2.0 Lakhs to ₹63.0 Lakhs per year, with the highest salary reaching ₹2.3 Lakhs to ₹5.4 Lakhs per year. Salary estimates are based on 657 salaries received from various SDMs across industries.
The average starting salary is around ₹2.0 Lakhs to ₹63.0 Lakhs per year, with the highest salary reaching ₹2.3 Lakhs to ₹5.4 Lakhs per year. Salary estimates are based on 657 salaries received from various SDMs across industries.
What are the top paying companies that employ SDMs?
SDM Salaries at Top paying companies in India are
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
| IndusInd Bank SDM Salary | ₹2.3 Lakhs to ₹5.4 Lakhs per year |
| HDFC Life SDM Salary | ₹1.8 Lakhs to ₹4 Lakhs per year |
What are the top paying cities for SDM in India?
The annual salary for SDM in India varies by location. Top paying cities for SDM are
Salary expectations for SDM may vary based on job roles, experience, and specific employer requirements.
| SDM Salary in Bangalore / Bengaluru | ₹2.3 Lakhs to ₹73.0 Lakhs per year |
| SDM Salary in Hyderabad / Secunderabad | ₹2.0 Lakhs to ₹30.0 Lakhs per year |
| SDM Salary in Gurgaon / Gurugram | ₹3.5 Lakhs to ₹16.0 Lakhs per year |
| SDM Salary in Pune | ₹2.3 Lakhs to ₹20.0 Lakhs per year |
| SDM Salary in New Delhi | ₹2.2 Lakhs to ₹18.0 Lakhs per year |
What are the top paying industries for SDM in India?
Top 5 paying Industries for SDM in India are:
| SDM Salary in Retail | ₹4.5 Lakhs to ₹112.0 Lakhs per year |
| SDM Salary in Internet | ₹4.5 Lakhs to ₹106.0 Lakhs per year |
| SDM Salary in Software Product | ₹4.7 Lakhs to ₹112.0 Lakhs per year |
| SDM Salary in Emerging Technologies | ₹16.0 Lakhs to ₹109.0 Lakhs per year |
| SDM Salary in IT Services & Consulting | ₹6.0 Lakhs to ₹100.0 Lakhs per year |
How does experience affect salaries of a SDM in India?
Experience significantly impacts a SDM salary in India. Salaries increase with experience, as SDM take on more complex tasks, responsibilities, and leadership roles.
SDM salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.8 Lakhs to ₹4.7 Lakhs per year |
| 2 years | ₹1.8 Lakhs to ₹4.7 Lakhs per year |
| 3 years | ₹1.9 Lakhs to ₹5.5 Lakhs per year |
| 4 years | ₹2.0 Lakhs to ₹37.3 Lakhs per year |
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