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ICICI Direct Sales Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 5 years exp.
₹2 Lakhs - ₹3.5 Lakhs
Salary of majority employees
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59% less than the average Sales Manager Salary in Financial Services Companies for 0 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Sales Manager Salary
0 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹2.8 L/yr

Sales & Business Development
Sales Manager Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3 L/yr

Last Updated: 15 Jan 2025

Companies similar to ICICI Direct for Sales Manager in Mumbai

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ICICI Direct Sales Manager Salary

0 - 5 years exp. (9 salaries)

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₹2 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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PhillipCapital Sales Manager Salary

0 - 6 years exp. (7 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 49% more
2 job openings
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Whitehat jr Sales Manager Salary

2 - 11 years exp. (582 salaries)

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₹3 L/yr - ₹12 L/yr

arrow icon 152% more
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HDFC Bank Sales Manager Salary

0 - 16 years exp. (564 salaries)

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₹3.5 L/yr - ₹13 L/yr

arrow icon 165% more
5 job openings
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Axis Bank Sales Manager Salary

0 - 16 years exp. (303 salaries)

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₹3 L/yr - ₹13.9 L/yr

arrow icon 175% more
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IDFC FIRST Bank Sales Manager Salary

0 - 12 years exp. (136 salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 126% more
4 job openings
Sales Manager salary at ICICI Direct ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 9 latest salaries received from various employees of ICICI Direct.

Latest annual salaries shared by ICICI Direct Sales Manager in Mumbai

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Experience wise ICICI Direct Sales Manager salaries in Mumbai

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.5 L/yr - ₹2.8 L/yr
1 year (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.1 L/yr
2 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
3 years  (3 salaries)

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₹2 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
View all

Similar Designation salaries in ICICI Direct

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₹1.8 L/yr - ₹3.15 L/yr
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₹2.2 L/yr - ₹5.55 L/yr
Branch Manager Salary
(4 salaries)
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₹5.5 L/yr - ₹7.3 L/yr

Salary related reviews for ICICI Direct

5.0

Rated by 1 employees for salary & benefits

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.

read more
  • Skill development - Good
  • +3 more

Dislikes

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

read more
  • Salary - Poor

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

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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

read more
  • Salary - Bad
  • +6 more

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

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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 .

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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

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  • Job security - Bad
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 13 Oct 2023

3.0
 for  Salary and Benefits

Likes

Despite of good salary, I couldn't get good working environment over here as much politics are here as my own boss do not want to help me out in my case. Even all other person knows how unevenly he distinguishes his team members. At the end, I would say that you should not work here on a shop floor level, either you join at one step higher level post.

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Dislikes

The worst part of my employment journey was experienced in ICICI where I was forced by my supervisor to leave the company. Such a terrifying situation!!

read more
  • Skill development - Bad
  • +4 more
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ICICI Direct Sales Manager Salary FAQs

What is the salary of Sales Manager at ICICI Direct in Mumbai?
The average salary of a Sales Manager at ICICI Direct in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Sales Manager in Mumbai at ICICI Direct earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. 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 9 ICICI Direct employees in India.
What is the estimated take home salary of a Sales Manager at ICICI Direct in Mumbai?
The estimated take-home salary of a Sales Manager at ICICI Direct in Mumbai typically ranges from ₹20,112 to ₹21,774 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher 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 9 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 Sales Manager in India?
Axis Bank ₹3.0 Lakhs to ₹13.9 Lakhs per year
HDFC Bank ₹3.5 Lakhs to ₹13.0 Lakhs per year
Whitehat jr ₹3.0 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank ₹3.0 Lakhs to ₹11.4 Lakhs per year
PhillipCapital ₹3.3 Lakhs to ₹5.0 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 Sales Manager at ICICI Direct in Mumbai?
The salary growth for a Sales Manager at ICICI Direct in Mumbai depends on factors such as experience, performance, and promotions. On average, a Sales Manager in Mumbai can expect the following growth trajectory at ICICI Direct:

Experience Average Salary Range
Fresher ₹2.5 Lakhs to ₹2.8 Lakhs per year
1 year ₹2.8 Lakhs to ₹5.1 Lakhs per year
2 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.0 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

ICICI Direct Sales Manager salary in Mumbai ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 ICICI Direct latest salaries received from various employees of ICICI Direct.