SM
Annual salary range
₹2 Lakhs - ₹39 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Experience
Department
Industry
Location
Company Type
SM Salary in India (Updated 2025)
based on 1.2k
latest salaries
• updated:
5 Mar 2025
Select an experience to get the exact salary
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Salary of majority employees
Experience wise SM salaries
| Years of experience | Avg. Annual Salary |
|---|---|
2
years
(82
salaries)
|  Unlock₹1.2 L/yr - ₹6.5 L/yr |
3
years
(97
salaries)
| Unlock ₹1.8 L/yr - ₹35 L/yr |
Login to view exact salary
| |
4
years
(137
salaries)
| Unlock ₹2.2 L/yr - ₹34 L/yr |
5
years
(119
salaries)
| Unlock ₹1.8 L/yr - ₹20 L/yr |
6
years
(97
salaries)
| Unlock ₹2.2 L/yr - ₹24 L/yr |
View all salaries by experience
SM Salary in
India ranges between ₹2
Lakhs to ₹39
Lakhs for
2 years of experience to 15 years of experience
. Salary estimates are based on
1.2k latest salaries received
from SM.
See latest salaries
SM salaries in different departments
| Department | Avg Annual Salary |
|---|---|
Sales & Business Development
SM Salary
2 - 15
years
exp.
(225
salaries)
| Unlock ₹2 L/yr - ₹23 L/yr |
Login to view exact salary
| |
BFSI, Investments & Trading
SM Salary
2 - 15
years
exp.
(117
salaries)
| Unlock ₹2 L/yr - ₹10 L/yr |
View all departments salaries
Latest annual salaries shared by SMs
2d ago
Coal India
SM
13 years exp.
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3d ago
Lazza Ice Creams
SM
10 years exp.
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3d ago
Max Life Insurance
SM
6 years exp.
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4d ago
Bajaj Allianz General Insurance
SM
8 years exp.
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5d ago
Jana Small Finance Bank
SM
5 years exp.
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5d ago
IDFC FIRST Bank
SM
12 years exp.
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1w ago
Direct Selling Association
SM
7 years exp.
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1w ago
Paynearby Technologies
SM
4 years exp.
Unlock
1w ago
IIFL Home Finance
SM
7 years exp.
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1w ago
Reliance Trends
SM
9 years exp.
Unlock View all latest salaries
| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
2 -
6
yrs
exp.
(13 salaries)
|
₹3.3 L/yr - ₹4.5 L/yr | |
|
0 -
6
yrs
exp.
(11 salaries)
|
₹2 L/yr - ₹3.5 L/yr | |
Login to view exact salary
| ||
|
7 -
17
yrs
exp.
(10 salaries)
|
₹7 L/yr - ₹9.7 L/yr | |
|
1 -
17
yrs
exp.
(10 salaries)
|
₹3.8 L/yr - ₹5.3 L/yr | |
|
3 -
9
yrs
exp.
(9 salaries)
|
₹3 L/yr - ₹4.5 L/yr | |
|
0 -
6
yrs
exp.
(9 salaries)
|
₹3.1 L/yr - ₹4.2 L/yr | |
|
5 -
9
yrs
exp.
(7 salaries)
|
₹3.8 L/yr - ₹6.2 L/yr | |
|
8 -
14
yrs
exp.
(7 salaries)
|
₹6.5 L/yr - ₹10.9 L/yr | |
Login to view exact salary
| ||
|
2 -
9
yrs
exp.
(7 salaries)
|
₹5.1 L/yr - ₹7.1 L/yr | |
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SM Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
SM
2 -
14
years
exp.
| Unlock ₹0.8 L/yr - ₹13 L/yr |
Kolkata
SM
2 -
13
years
exp.
| Unlock ₹2 L/yr - ₹9.7 L/yr |
Login to view exact salary
| |
Bangalore / Bengaluru
SM
2 -
15
years
exp.
| Unlock ₹2 L/yr - ₹22 L/yr |
Mumbai
SM
2 -
15
years
exp.
| Unlock ₹1.5 L/yr - ₹30 L/yr |
Hyderabad / Secunderabad
SM
3 -
15
years
exp.
| Unlock ₹2.9 L/yr - ₹19.6 L/yr |
View More
SM Salary By Industries
| Industries | Avg Annual Salary |
|---|---|
Financial Services SM
2 -
15
years
exp.
| Unlock ₹2.2 L/yr - ₹21 L/yr |
Retail SM
2 -
15
years
exp.
| Unlock ₹1.9 L/yr - ₹9.7 L/yr |
Login to view exact salary
| |
NBFC SM
2 -
14
years
exp.
| Unlock ₹2 L/yr - ₹9.2 L/yr |
Insurance SM
2 -
15
years
exp.
| Unlock ₹2.4 L/yr - ₹7.5 L/yr |
Internet SM
2 -
15
years
exp.
| Unlock ₹2.5 L/yr - ₹41.5 L/yr |
View More
Frequently Asked Questions about SM Salaries
What is the salary of a SM in India?
Salary for a SM in India ranges between ₹2.0 Lakhs to ₹39.0 Lakhs per year. Salary estimates are based on 1.2k latest salaries received from various SMs across industries.
What are the top paying companies that employ SMs?
- American Broadcasting Company SM Salary - ₹27.0 Lakhs per year
- Reliance Retail SM Salary - ₹5.5 Lakhs per year
What is the starting salary for a SM in India?
Average starting Salary for SM in India is around ₹2.0 Lakhs per year (₹16.7k per month). 2 years of minimum experience is required to be a SM.
What is the highest salary for a SM in India?
Highest salary that a SM can earn is ₹45.0 Lakhs per year (₹3.8L per month).
What are the top paying industries for SM in India?
- Financial Services - ₹1.1 Lakhs to 42.0 Lakhs per year
- Banking - ₹1.5 Lakhs to 50.0 Lakhs per year
- Retail - ₹0.2 Lakhs to 45.0 Lakhs per year
- NBFC - ₹0.5 Lakhs to 102.0 Lakhs per year
- Insurance - ₹1.0 Lakhs to 10.6 Lakhs per year
What are the top paying cities for SM in India?
- Mumbai - ₹0.2 Lakhs to 38.0 Lakhs per year
- New Delhi - ₹0.2 Lakhs to 50.0 Lakhs per year
- Bangalore / Bengaluru - ₹0.2 Lakhs to 45.0 Lakhs per year
- Pune - ₹1.2 Lakhs to 21.0 Lakhs per year
- Kolkata - ₹0.2 Lakhs to 13.1 Lakhs per year
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