SDM

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SDM Salary in India (Updated 2025)

based on 696 latest salaries • updated: 20 Mar 2025
Select an experience to get the exact salary

Annual salary range

₹2 Lakhs - ₹60 Lakhs

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SDM Salary in India ranges between ₹2 Lakhs to ₹60 Lakhs for 1 year of experience to 17 years of experience. Salary estimates are based on 696 latest salaries received from SDM.

Latest annual salaries shared by SDMs

1d ago

IDFC FIRST Bank

SDM

10 years exp.

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3d ago

IndusInd Bank

SDM

2 years exp.

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3d ago

Infinite Computer Solutions

SDM

2 years exp.

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3d ago

HDFC Life

SDM

4 years exp.

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6d ago

YourNXT Technologies

SDM

12 years exp.

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6d ago

IndusInd Bank

SDM

5 years exp.

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6d ago

HDFC Life

SDM

5 years exp.

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1w ago

Optum

SDM

9 years exp.

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1w ago

Happay

SDM

5 years exp.

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1w ago

IndusInd Bank

SDM

2 years exp.

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View all latest salaries

SDM salaries by

Years of experience Avg. annual salary
1 year
(92 salaries)
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₹1.8 L/yr - ₹4.6 L/yr

2 years
(119 salaries)
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₹2 L/yr - ₹4.7 L/yr

3 years
(88 salaries)
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₹2 L/yr - ₹5.4 L/yr

4 years
(78 salaries)
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₹2 L/yr - ₹37.3 L/yr

5 years
(54 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

View all salaries by experience

SDM Jobs in India

SDM

· 12-20 years

Cognizant

·
3.7

Hyderabad / Secunderabad

SDM

· 0-3 years

HDFC Life

·
4.0

Kolkata

SDM

· 16-20 years

Jade Global Software Pvt. Ltd.

·
3.6

Pune

View all SDM jobs

SDM Salary By Locations

Locations Avg. annual salary
New Delhi
SDM
1 - 16 years exp.
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₹2.2 L/yr - ₹18 L/yr

Bangalore / Bengaluru
SDM
1 - 17 years exp.
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₹2.3 L/yr - ₹73 L/yr

Mumbai
SDM
1 - 17 years exp.
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₹2.3 L/yr - ₹10 L/yr

Kolkata
SDM
1 - 14 years exp.
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₹2 L/yr - ₹5 L/yr

Pune
SDM
1 - 17 years exp.
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₹2.3 L/yr - ₹20 L/yr

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SDM Salary By Industries

Industries Avg. annual salary

Financial Services

SDM
1 - 10 years exp.
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₹2 L/yr - ₹6 L/yr

Insurance

SDM
1 - 10 years exp.
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₹1.8 L/yr - ₹4 L/yr

Banking / Insurance / Accounting

SDM
1 - 10 years exp.
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₹1.8 L/yr - ₹3.5 L/yr

Banking

SDM
1 - 17 years exp.
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₹2.3 L/yr - ₹9.5 L/yr

IT Services & Consulting

SDM
3 - 17 years exp.
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₹6 L/yr - ₹1 Cr/yr

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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 ₹60.0 Lakhs per year. Top companies and specialized roles may offer higher compensation.

The average starting salary is around ₹2.0 Lakhs to ₹60.0 Lakhs per year, with the highest salary reaching ₹2.3 Lakhs to ₹5.4 Lakhs per year. Salary estimates are based on 696 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
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
Salaries depend on experience, role, and location. Additional compensation may include bonuses and stock options.
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
SDM Salary in New Delhi ₹2.2 Lakhs to ₹18.0 Lakhs per year
SDM Salary in Bangalore / Bengaluru ₹2.3 Lakhs to ₹73.0 Lakhs per year
SDM Salary in Mumbai ₹2.3 Lakhs to ₹10.0 Lakhs per year
SDM Salary in Kolkata ₹2.0 Lakhs to ₹5.0 Lakhs per year
SDM Salary in Pune ₹2.3 Lakhs to ₹20.0 Lakhs per year
Salary expectations for SDM may vary based on job roles, experience, and specific employer requirements.
What are the top paying industries for SDM in India?
Top 5 paying Industries for SDM in India are:
SDM Salary in Financial Services ₹2.0 Lakhs to ₹6.0 Lakhs per year
SDM Salary in Insurance ₹1.8 Lakhs to ₹4.0 Lakhs per year
SDM Salary in Banking / Insurance / Accounting ₹1.8 Lakhs to ₹3.5 Lakhs per year
SDM Salary in Banking ₹2.3 Lakhs to ₹9.5 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:
Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹4.6 Lakhs per year
2 years ₹2.0 Lakhs to ₹4.7 Lakhs per year
3 years ₹2.0 Lakhs to ₹5.4 Lakhs per year
4 years ₹2.0 Lakhs to ₹37.3 Lakhs per year
and so on.

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