ICICI Direct Channel Sales Manager Salaries by 5 Employees

2 - 5 years exp.

₹2.4 Lakhs - ₹3.3 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Channel Sales Manager Salary in Financial Services Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Channel Sales Manager Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.4 L/yr
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Sales & Business Development Channel Sales Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.1 L/yr

Last Updated: 15 Mar 2023

Companies similar to ICICI Direct for Channel Sales Manager

Company name	Avg Annual Salary	Open Jobs
Edelweiss Channel Sales Manager Salary 6 - 11 years exp. (3 salaries)	₹5.5 L/yr - ₹13.5 L/yr 176% more
Geojit Financial Services Channel Sales Manager Salary 2 - 13 years exp. (10 salaries)	₹4.5 L/yr - ₹5.5 L/yr 69% more
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Tata AIG Channel Sales Manager Salary 0 - 11 years exp. (994 salaries)	₹2 L/yr - ₹8 L/yr 49% more	61 job openings
VE Commercial Vehicles Channel Sales Manager Salary 0 - 11 years exp. (248 salaries)	₹6.1 L/yr - ₹17.8 L/yr 243% more
Jio Channel Sales Manager Salary 4 - 14 years exp. (184 salaries)	₹3.1 L/yr - ₹9 L/yr 87% more

Channel Sales Manager salary at ICICI Direct ranges between ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of ICICI Direct.

Experience wise ICICI Direct Channel Sales Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.3 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.5 L/yr

Similar Designation salaries in ICICI Direct

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Sales Manager Salary

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₹1.8 L/yr - ₹3.8 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

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Area Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Sales Officer Salary

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₹1.8 L/yr - ₹2.7 L/yr

Relationship Manager Salary

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₹1.8 L/yr - ₹5.55 L/yr

Salary related reviews for ICICI Direct

4.0

Rated by 1 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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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ICICI Direct Channel Sales Manager Salary FAQs

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

The average salary of a Channel Sales Manager at ICICI Direct in India typically ranges from ₹2.4 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Channel Sales Manager at ICICI Direct earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Channel 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 5 ICICI Direct employees in India.

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

The estimated take-home salary of a Channel Sales Manager at ICICI Direct in India typically ranges from ₹21,610 to ₹23,099 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 2 years to 5 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 5 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 Channel Sales Manager in India?

VE Commercial Vehicles	₹6.1 Lakhs to ₹17.8 Lakhs per year
Edelweiss	₹5.5 Lakhs to ₹13.5 Lakhs per year
Jio	₹3.1 Lakhs to ₹9.0 Lakhs per year
Geojit Financial Services	₹4.5 Lakhs to ₹5.5 Lakhs per year
Tata AIG	₹2.0 Lakhs to ₹8.0 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.

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

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹5.3 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.3 Lakhs per year
5 years	₹2.4 Lakhs to ₹5.5 Lakhs per year

and so on.

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ICICI Direct Channel Sales Manager Salaries

ICICI Direct Channel Sales Manager salary in India ranges between ₹2.4 Lakhs to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 ICICI Direct latest salaries received from various employees of ICICI Direct.