SM
Annual salary range
₹2.2 Lakhs - ₹19 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
Filter salaries bySM Salary in Financial Services in India
based on 359
latest salaries
• updated:
9 Jan 2025
Select an experience to get the exact salary
Salary of majority employees
Experience wise SM salaries
| Years of experience | Avg. Annual Salary |
|---|---|
2
years
(29
salaries)
|  ₹2.5 L/yr - ₹19 L/yr |
3
years
(35
salaries)
| ₹2.4 L/yr - ₹15 L/yr |
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| |
4
years
(52
salaries)
| ₹2.2 L/yr - ₹12 L/yr |
5
years
(40
salaries)
| ₹2.3 L/yr - ₹15 L/yr |
6
years
(37
salaries)
| ₹3 L/yr - ₹18 L/yr |
View all salaries by experience
SM Salary in
India ranges between ₹2.2
Lakhs to ₹19
Lakhs for
2 years of experience to 15 years of experience
. Salary estimates are based on
359 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.
(91
salaries)
| ₹2.2 L/yr - ₹13 L/yr |
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| |
BFSI, Investments & Trading
SM Salary
2 - 15
years
exp.
(84
salaries)
| ₹2.4 L/yr - ₹10 L/yr |
View all departments salaries
Latest annual salaries shared by SMs
2d ago
Coal India
SM
13 years exp.
3d ago
Lazza Ice Creams
SM
10 years exp.
3d ago
Max Life Insurance
SM
6 years exp.
4d ago
Bajaj Allianz General Insurance
SM
8 years exp.
5d ago
Jana Small Finance Bank
SM
5 years exp.
5d ago
IDFC FIRST Bank
SM
12 years exp.
1w ago
Direct Selling Association
SM
7 years exp.
1w ago
Paynearby Technologies
SM
4 years exp.
1w ago
IIFL Home Finance
SM
7 years exp.
1w ago
Reliance Trends
SM
9 years exp.
View all latest salaries
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
| | ||
| | ||
| | ||
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| Company Name | Avg Annual Salary | Open Jobs |
|---|---|---|
3 -
13
yrs
exp.
(21 salaries)
|
₹3.3 L/yr - ₹10 L/yr | |
3 -
12
yrs
exp.
(19 salaries)
|
₹3 L/yr - ₹7.2 L/yr | |
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| ||
1 -
8
yrs
exp.
(19 salaries)
|
₹1.8 L/yr - ₹4.5 L/yr | |
2 -
14
yrs
exp.
(17 salaries)
|
₹3 L/yr - ₹17.5 L/yr | |
3 -
15
yrs
exp.
(14 salaries)
|
₹6.8 L/yr - ₹30 L/yr | |
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 | |
1 -
10
yrs
exp.
(10 salaries)
|
₹3.1 L/yr - ₹5.5 L/yr | |
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| ||
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 | |
SM Jobs in India
SM
· 2-6 years
Headstrong (GENPACT)
Hyderabad / Secunderabad
Top skills for SM
SM Salary By Locations
| Locations | Avg Annual Salary |
|---|---|
New Delhi
SM
2 -
14
years
exp.
| ₹1.8 L/yr - ₹12.6 L/yr |
Kolkata
SM
2 -
13
years
exp.
| ₹2 L/yr - ₹9.7 L/yr |
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| |
Bangalore / Bengaluru
SM
2 -
15
years
exp.
| ₹2 L/yr - ₹22 L/yr |
Mumbai
SM
2 -
15
years
exp.
| ₹1.5 L/yr - ₹30 L/yr |
Pune
SM
2 -
14
years
exp.
| ₹2.5 L/yr - ₹9 L/yr |
View More
SM Salary In Other Industries
| Industries | Avg Annual Salary |
|---|---|
Retail
SM
2 -
15
years
exp.
| ₹1.9 L/yr - ₹9.7 L/yr |
NBFC
SM
2 -
14
years
exp.
| ₹2 L/yr - ₹9 L/yr |
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| |
Insurance
SM
2 -
15
years
exp.
| ₹2.4 L/yr - ₹7.5 L/yr |
Internet
SM
2 -
15
years
exp.
| ₹2.5 L/yr - ₹41.5 L/yr |
Banking
SM
2 -
15
years
exp.
| ₹2.5 L/yr - ₹17 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 ₹2.2 Lakhs to ₹19.0 Lakhs per year. Salary estimates are based on 359 latest salaries received from various SMs across industries.
What are the top paying companies that employ SMs?
- American Broadcasting Company SM Salary - ₹24.2 Lakhs per year
- Axis Bank SM Salary - ₹7.0 Lakhs per year
- Reliance Retail SM Salary - ₹5.2 Lakhs per year
What is the starting salary for a SM in India?
Average starting Salary for SM in India is around ₹2.2 Lakhs per year (₹18.3k 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?
- 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?
- Bangalore / Bengaluru - ₹2.0 Lakhs to 36.0 Lakhs per year
- Mumbai - ₹1.5 Lakhs to 9.5 Lakhs per year
- New Delhi - ₹1.8 Lakhs to 12.6 Lakhs per year
- Pune - ₹2.0 Lakhs to 8.5 Lakhs per year
- Kolkata - ₹2.3 Lakhs to 5.5 Lakhs per year
What are the popular/top skills required to become a SM?
These are the top skills of a SM based on 1 job posted by employers.
- HTML
- Customer Service
- Recruitment
- PHP
- Sales
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