ICICI Direct Area Sales Manager Salaries by 4 Employees

1 - 12 years exp.

₹1.3 Lakh - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Area Sales Manager Salary in Financial Services Companies for 1 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Area Sales Manager Salary 12 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Area Sales Manager Salary 1 year exp. (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.4 L/yr
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Sales & Business Development Area Sales Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.3 L/yr

Last Updated: 11 Mar 2023

Companies similar to ICICI Direct for Area Sales Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Area Sales Manager Salary 4 - 11 years exp. (251 salaries)	₹2.6 L/yr - ₹8.1 L/yr 44% more
Kotak Securities Area Sales Manager Salary 4 - 12 years exp. (3 salaries)	₹2.4 L/yr - ₹7 L/yr 1% more
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Sharekhan Area Sales Manager Salary 6 - 19 years exp. (7 salaries)	₹4.8 L/yr - ₹10 L/yr 104% more
Angel One Area Sales Manager Salary 2 - 22 years exp. (8 salaries)	₹4.4 L/yr - ₹7.3 L/yr 38% more
Motilal Oswal Area Sales Manager Salary 11 - 15 years exp. (4 salaries)	₹6 L/yr - ₹10 L/yr 117% more
Edelweiss Area Sales Manager Salary 10 - 17 years exp. (60 salaries)	₹7.6 L/yr - ₹15.5 L/yr 194% more
Axis Direct Area Sales Manager Salary 8 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹9 L/yr 24% more
OneAssist Consumer Solutions Area Sales Manager Salary 8 - 17 years exp. (17 salaries)	₹5.3 L/yr - ₹11.4 L/yr 72% more
Niyo Solutions Area Sales Manager Salary 5 - 16 years exp. (16 salaries)	₹7 L/yr - ₹11.5 L/yr 137% more

Area Sales Manager salary at ICICI Direct ranges between ₹1.3 Lakh to ₹5.5 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Direct.

Experience wise ICICI Direct Area Sales Manager salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹1.5 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in ICICI Direct

Sales Manager Salary

(64 salaries)

₹1.8 L/yr - ₹3.8 L/yr

Senior Sales Manager Salary

(57 salaries)

₹2.5 L/yr - ₹4.49 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Branch Manager Salary

(26 salaries)

₹5.15 L/yr - ₹8 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Cluster Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Sales Officer Salary

(3 salaries)

₹1.8 L/yr - ₹2.7 L/yr

Salary related reviews for ICICI Direct

4.5

Rated by 3 employees for salary & benefits

Sales Officer in Thiruvananthapuram

Full Time

Human Resources Department

4.0

• posted on 01 Jul 2022

2.0

for Salary and Benefits

Likes

A person who is really business oriented and is ready to be hardworking in banking field, can find excellent opportunity at ICICI Bank.

Skill development - Good

+3 more

Dislikes

The salary package is really low, salary package and clearance amount should be fully given(including deductions).

Salary - Poor

Senior Sales Manager in Lucknow

Full Time

Sales & Business Development Department

1.0

• posted on 13 Nov 2022

1.0

for Salary and Benefits

Likes

Only one thing SMs just like one man army.SMs are doing everything thing for example sales,sevice,genrate SR,manage bank employee and seniors also just in14000-15000 Rs salary per month

Dislikes

Promotion. Why I dislike promotion because off corporate promote only for target not increase salary ultimately making fool thems employees and that's a masterstrok for corporate side...hahahahahahahaha

Salary - Bad

+6 more

Branch Manager in Mumbai

Sales & Business Development Department

4.0

• posted on 18 May 2022

5.0

for Salary and Benefits

Likes

Flexibility in timing Great Incentive Abroad Contest Salary on Time

Salary - Excellent

+4 more

Dislikes

You have to sell everything - Life insurance Mutual funds PMS Home loan General Insurance Have to ensure that you complete your LI Target and Team Target also

Branch Manager in Kolkata

BFSI, Investments & Trading Department

1.0

• posted on 25 May 2019

3.0

for Salary and Benefits

Likes

I have done mistake to join ICICI Direct, it's Branch Head profile as offer letter but this is individual RM profile with extra responsibility.No one last here max to max 1yr (my experience from EAST) so JOB insecure they remind it every time.1 or 2 old because they joined as management trainee so don't know a healthy environment. i have worked here 2 and half year and performance wise also good but the culture in icici direct like LALA Company, middle hierarchy are really painful. the way they harassment god help .

Dislikes

Middle hierarchy harass and abuse openly and local HR helpless ,they work for their bonus and salary, HR System totally failed even they for middle hierarchy not for company

Job security - Bad

+4 more

Senior Relationship Manager in Chandigarh

Full Time

Other Department

3.0

• posted on 14 Sep 2024

3.0

for Salary and Benefits

Likes

They work on skill development and takes webinar on regular basis Salary credit timely.

Skill development - Good

+1 more

Dislikes

They involves juniors in Office politics Mukesh kapri zonal head of Chandigarh he is the worst person professionaly and personally you will even met you can't work under him or with him

Promotions - Bad

+3 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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ICICI Direct Area Sales Manager Salary FAQs

What is the salary of Area Sales Manager at ICICI Direct ?

The average salary of a Area Sales Manager at ICICI Direct in India typically ranges from ₹1.3 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Area Sales Manager at ICICI Direct earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Area Sales Manager Salaries at ICICI Direct can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 ICICI Direct employees in India.

What is the estimated take home salary of a Area Sales Manager at ICICI Direct in India?

The estimated take-home salary of a Area Sales Manager at ICICI Direct in India typically ranges from ₹28,929 to ₹30,309 per month. This is based on the average salary range of ₹1.3 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 1 year to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of ICICI Direct. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than ICICI Direct for Area Sales Manager in India?

Edelweiss	₹7.6 Lakhs to ₹15.5 Lakhs per year
Niyo Solutions	₹7.0 Lakhs to ₹11.5 Lakhs per year
Motilal Oswal	₹6.0 Lakhs to ₹10.0 Lakhs per year
Sharekhan	₹4.8 Lakhs to ₹10.0 Lakhs per year
OneAssist Consumer Solutions	₹5.3 Lakhs to ₹11.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ICICI Direct, depending on the role and experience level.

What is the salary of a Area Sales Manager in companies similar to ICICI Direct in India?

The salary of a Area Sales Manager at companies similar to ICICI Direct in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Securities	₹2.6 Lakhs to ₹8.1 Lakhs per year
Angel One	₹4.4 Lakhs to ₹7.3 Lakhs per year
Axis Direct	₹2.5 Lakhs to ₹9.0 Lakhs per year
Kotak Securities	₹2.4 Lakhs to ₹7.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Area Sales Manager at ICICI Direct in India?

The salary growth for a Area Sales Manager at ICICI Direct depends on factors such as experience, performance, and promotions. On average, a Area Sales Manager can expect the following growth trajectory at ICICI Direct:

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹1.5 Lakhs per year
10 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
11 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
12 years	₹3.7 Lakhs to ₹4.7 Lakhs per year

and so on.

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ICICI Direct Area Sales Manager Salaries

ICICI Direct Area Sales Manager salary in India ranges between ₹1.3 Lakh to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Direct latest salaries received from various employees of ICICI Direct.

ICICI Direct Area Sales Manager salaries in India

Companies similar to ICICI Direct for Area Sales Manager

Latest annual salaries shared by ICICI Direct Area Sales Manager

Experience wise ICICI Direct Area Sales Manager salaries

Similar Designation salaries in ICICI Direct

Salary related reviews for ICICI Direct

Sales Officer in Thiruvananthapuram

Senior Sales Manager in Lucknow

Branch Manager in Mumbai

Branch Manager in Kolkata

Senior Relationship Manager in Chandigarh

ICICI Direct Area Sales Manager Salary FAQs

Tell us how to improve this page.

ICICI Direct Area Sales Manager Salaries by Location