Axis Direct Manager M1 Salaries by 4 Employees (Updated 2025)

2 - 20 years exp.

₹6.4 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Manager M1 Salary in Financial Services Companies for 2 - 20 years of experience

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Last Updated: 6 May 2024

Companies similar to Axis Direct for Manager M1

Company name	Avg Annual Salary	Open Jobs
ICICI Direct Manager M1 Salary 2 - 7 years exp. (6 salaries)	₹5 L/yr - ₹6.5 L/yr 41% less
HDFC Securities Manager M1 Salary 8 - 16 years exp. (6 salaries)	₹8.5 L/yr - ₹9.4 L/yr 6% less
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Kotak Securities Manager M1 Salary 2 - 12 years exp. (5 salaries)	₹5.9 L/yr - ₹8 L/yr 24% less
Angel One Manager M1 Salary 10 - 12 years exp. (3 salaries)	₹5.2 L/yr - ₹6 L/yr 39% less
Motilal Oswal Financial Services Manager M1 Salary 4 - 17 years exp. (8 salaries)	₹4.7 L/yr - ₹11.3 L/yr 19% less
Morgan Stanley Manager M1 Salary 4 - 8 years exp. (4 salaries)	₹25 L/yr - ₹27.5 L/yr 178% more
Citicorp Manager M1 Salary 7 - 11 years exp. (4 salaries)	₹17.9 L/yr - ₹24 L/yr 116% more
HSBC Group Manager M1 Salary 7 - 10 years exp. (3 salaries)	₹8.5 L/yr - ₹13.5 L/yr 19% more

Manager M1 salary at Axis Direct ranges between ₹6.4 Lakhs to ₹13 Lakhs per year for employees with experience between 2 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Axis Direct.

Experience wise Axis Direct Manager M1 salaries

Last Updated: 6 May 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹6.4 L/yr
3 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹6.4 L/yr
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4 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.1 L/yr
6 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.4 L/yr
9 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
10 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
12 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹17.6 L/yr
13 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
14 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
15+ years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13 L/yr

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Operations Manager Salary

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₹6.8 L/yr - ₹8.6 L/yr

Salary related reviews for Axis Direct

Operations Executive

Microfinance Department

5.0

• posted on 07 Nov 2018

5.0

for Salary and Benefits

Likes

This is best place for work,I was in the microfinance department there I learned lots of thing about Field, banking services. Also co-workers and upper management were very good. Here if you good in your work then here is excellent job security.I recommend if anyone want to join in Axis Security Limited,go ahead for bright future.

Salary - Excellent

+5 more

Dislikes

There is no any big deal but some improvement in salary of lower level staff .

Operations Executive in Bhopal

Operation Department

3.0

• posted on 22 Apr 2018

2.0

for Salary and Benefits

Likes

...rity like medical bonus is not as they have mentioned when I joined the company. There is no career growth and no salary increment . thus this company is good regarding working culture but not regarding career growth and monetary appreciation.

Work satisfaction - Good

+1 more

Dislikes

Salary is not satisfying and no bonus medical and no monetary appreciation .

Salary - Poor

+1 more

Operations Executive in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 23 Mar 2018

2.0

for Salary and Benefits

Likes

Axis securities is a good for freshers candidate. I am also join in axis securities as a fresher. I have lost of experience in there organisation. I have developed my comunication skills & dicition making skills also developed my Excel,MS word etc.

Skill development - Good

+3 more

Dislikes

Poor salary

Salary - Poor

+1 more

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 14 Dec 2023

5.0

for Salary and Benefits

Likes

...ars. One of the best companies. You will get to learn a lot. No office politics. Salary and appraisal are on time. Management has Clear goals and vision.

Salary - Excellent

+6 more

Dislikes

It was pretty far from my home.

Collections Manager in Kolhapur

Full Time

Finance & Accounting Department

4.0

• posted on 20 Apr 2022

4.0

for Salary and Benefits

Likes

...agement is transparent. There is ahuge cafeteria and gaming arcade for chilling. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Axis Direct Manager M1 Salary FAQs

What is the salary of Manager M1 at Axis Direct?

Manager M1 salary at Axis Direct in India ranges between ₹6.4 Lakhs to ₹13.0 Lakhs for experience between 2 years to 20 years. According to our estimates it is 19% less than the average Manager M1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Axis Direct India.

How does the salary of a Manager M1 at Axis Direct India compare with the average salary range for this job?

The average salary of a Manager M1 at Axis Direct is 19% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Axis Direct to a Manager M1 in India?

Morgan Stanley Manager M1 Salary - ₹25.0 Lakhs to ₹27.5 Lakhs per year
Citicorp Manager M1 Salary - ₹17.9 Lakhs to ₹24.0 Lakhs per year
HSBC Group Manager M1 Salary - ₹8.5 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Manager M1 in companies similar to Axis Direct in India?

HDFC Securities Manager M1 Salary - ₹8.5 Lakhs to ₹9.4 Lakhs per year
Motilal Oswal Financial Services Manager M1 Salary - ₹4.7 Lakhs to ₹11.3 Lakhs per year
Kotak Securities Manager M1 Salary - ₹5.9 Lakhs to ₹8.0 Lakhs per year
Angel One Manager M1 Salary - ₹5.2 Lakhs to ₹6.0 Lakhs per year
ICICI Direct Manager M1 Salary - ₹5.0 Lakhs to ₹6.5 Lakhs per year

What is the estimated take home salary of a Manager M1 at Axis Direct in India?

The estimated take-home salary of a Manager M1 at Axis Direct ranges between ₹68,267 per month to ₹70,018 per month in India. The take-home salary calculation is based on the average Axis Direct Manager M1 salary in India which ranges between ₹6.4 Lakhs to ₹13.0 Lakhs per year for employees with experience between 2 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at Axis Direct?

According to AmbitionBox, 100% of the Axis Direct Manager M1s reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Axis Direct Manager M1 Salaries

Axis Direct Manager M1 salary in India ranges between ₹6.4 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Axis Direct latest salaries received from various employees of Axis Direct.