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SM Salary in Financial Services in India

based on 1.2k latest salaries • updated: 30 Nov 2024
Select an experience to get the exact salary

Annual salary range

₹2 Lakhs - ₹40 Lakhs

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Very High Confidence means the data is based on a large number of latest salaries.
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Experience wise SM salaries

Years of experience Avg. Annual Salary
2 years
(72 salaries)
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₹2 L/yr - ₹24.2 L/yr

3 years
(93 salaries)
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₹2 L/yr - ₹35 L/yr

4 years
(142 salaries)
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₹2 L/yr - ₹39 L/yr

5 years
(121 salaries)
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₹2 L/yr - ₹36 L/yr

6 years
(100 salaries)
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₹2 L/yr - ₹27 L/yr

View all salaries by experience
SM Salary in India ranges between ₹2 Lakhs to ₹40 Lakhs for 2 years of experience to 15 years of experience . Salary estimates are based on 1.2k latest salaries received from SM.
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SM salaries in different departments

Department Avg Annual Salary
Sales & Business Development
SM Salary
2 - 15 years exp. (90 salaries)
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₹2.2 L/yr - ₹13 L/yr

BFSI, Investments & Trading
SM Salary
2 - 15 years exp. (85 salaries)
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₹2.2 L/yr - ₹10 L/yr

View all departments salaries

Latest annual salaries shared by SMs

1d ago

Soch Apparels

SM

8 years exp.

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2d ago

Kotak Mahindara Life Insurance

SM

5 years exp.

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4d ago

Bajaj Housing Finance

SM

10 years exp.

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6d ago

Croma

SM

15 years exp.

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1w ago

HDB Financial Services

SM

4 years exp.

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1w ago

Fintech Blue Solutions

SM

11 years exp.

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1w ago

Jana Small Finance Bank

SM

5 years exp.

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1w ago

V2 Retail

SM

6 years exp.

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1w ago

Ambit Finvest

SM

7 years exp.

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1w ago

SHV Energy

SM

14 years exp.

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View all latest salaries

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Top Paying Companies for SM

Company name Avg Annual Salary Open Jobs
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SM Salary By Locations

Locations Avg Annual Salary
New Delhi
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

Kolkata
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

Bangalore / Bengaluru
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

Mumbai
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

Hyderabad / Secunderabad
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

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SM Salary In Other Industries

Industries Avg Annual Salary
Retail
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

NBFC
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

Insurance
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

Internet
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

Banking
SM
2 - 15 years exp.
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₹2 L/yr - ₹40 L/yr

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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 ₹40.0 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?
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 ₹42.8 Lakhs per year (₹3.6L per month).
What are the top paying industries for SM in India?
What are the top paying cities for SM in India?

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