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SM

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SM Salary in NBFC in India

based on 135 latest salaries • updated: 13 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹2 Lakhs - ₹8 Lakhs

Very High Confidence
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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
(18 salaries)
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₹1.8 L/yr - ₹4 L/yr

3 years
(15 salaries)
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₹2 L/yr - ₹4.5 L/yr

4 years
(16 salaries)
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₹2.3 L/yr - ₹5.5 L/yr

5 years
(22 salaries)
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₹2.7 L/yr - ₹5.5 L/yr

6 years
(14 salaries)
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₹3.8 L/yr - ₹5.9 L/yr

View all salaries by experience
SM Salary in India ranges between ₹2 Lakhs to ₹8 Lakhs for 2 years of experience to 14 years of experience . Salary estimates are based on 135 latest salaries received from SM.
See latest salaries

SM salaries in different departments

Department Avg Annual Salary
Sales & Business Development
SM Salary
2 - 14 years exp. (41 salaries)
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₹2 L/yr - ₹7.5 L/yr

Finance & Accounting
SM Salary
2 - 10 years exp. (33 salaries)
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₹2 L/yr - ₹6.6 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.

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1w ago

IIFL Home Finance

SM

7 years exp.

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1w ago

Reliance Trends

SM

9 years exp.

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View all latest salaries

SM Salary By Locations

Locations Avg Annual Salary
New Delhi
SM
2 - 14 years exp.
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₹0.8 L/yr - ₹13 L/yr

Kolkata
SM
2 - 13 years exp.
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₹2 L/yr - ₹9.7 L/yr

Bangalore / Bengaluru
SM
2 - 15 years exp.
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₹2 L/yr - ₹22 L/yr

Mumbai
SM
2 - 15 years exp.
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₹1.5 L/yr - ₹30 L/yr

Pune
SM
2 - 14 years exp.
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₹2.1 L/yr - ₹13 L/yr

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SM Salary In Other Industries

Industries Avg Annual Salary
Financial Services
SM
2 - 15 years exp.
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₹2.2 L/yr - ₹21 L/yr

Retail
SM
2 - 15 years exp.
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₹1.9 L/yr - ₹9.7 L/yr

Insurance
SM
2 - 15 years exp.
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₹2.4 L/yr - ₹7.5 L/yr

Internet
SM
2 - 15 years exp.
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₹2.7 L/yr - ₹40 L/yr

Banking
SM
2 - 15 years exp.
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₹2.5 L/yr - ₹15 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 ₹8.0 Lakhs per year. Salary estimates are based on 135 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 ₹46.9 Lakhs per year (₹3.9L 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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