ICICI Securities Mumbai Sales Manager Salaries by 40+ Employees (Updated 2025)

0 - 5 years exp.

₹2 Lakhs - ₹4 Lakhs

Salary of majority employees

54% 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. (16 salaries)	₹2.1 L/yr - ₹4 L/yr
Sales & Business Development Sales Manager Salary 1 - 5 years exp. (11 salaries)	₹2.3 L/yr - ₹4 L/yr
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Customer Success, Service & Operations Sales Manager Salary 1 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹3.2 L/yr
Marketing & Communication Sales Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.4 L/yr
Finance & Accounting Sales Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr

Last Updated: 15 Feb 2025

Companies similar to ICICI Securities for Sales Manager in Mumbai

ICICI Securities Sales Manager Salary

0 - 5 years exp. (42 salaries)

₹2 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Sharekhan Sales Manager Salary 11 - 14 years exp. (3 salaries)	₹5.2 L/yr - ₹7 L/yr 76% more
Edelweiss Sales Manager Salary 3 - 12 years exp. (18 salaries)	₹4.4 L/yr - ₹10.5 L/yr 131% more
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Angel One Sales Manager Salary 2 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹4.6 L/yr 14% more
Karvy Stock Broking Sales Manager Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹4.2 L/yr 25% more
IIFL Securities Sales Manager Salary 3 - 10 years exp. (7 salaries)	₹3.1 L/yr - ₹5.4 L/yr 29% more
Aditya Birla Capital Sales Manager Salary 1 - 10 years exp. (36 salaries)	₹3 L/yr - ₹9 L/yr 85% more
Motilal Oswal Financial Services Sales Manager Salary 3 - 11 years exp. (16 salaries)	₹4 L/yr - ₹8 L/yr 82% more
Citicorp Sales Manager Salary 4 - 14 years exp. (9 salaries)	₹11.2 L/yr - ₹24 L/yr 407% more
Cholamandalam Investment & Finance Sales Manager Salary 5 - 9 years exp. (5 salaries)	₹3.1 L/yr - ₹4.7 L/yr 47% more
HDFC Sales Sales Manager Salary 4 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹8 L/yr 41% more

Sales Manager salary at ICICI Securities ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 42 latest salaries received from various employees of ICICI Securities.

Experience wise ICICI Securities Sales Manager salaries in Mumbai

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.3 L/yr
1 year (8 salaries)	₹2 L/yr - ₹3.2 L/yr
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2 years (9 salaries)	₹2.3 L/yr - ₹5.6 L/yr
3 years (13 salaries)	₹2.2 L/yr - ₹3.2 L/yr
4 years (6 salaries)	₹2.3 L/yr - ₹4 L/yr
5 years (4 salaries)	₹3 L/yr - ₹4 L/yr

View all

Similar Designation salaries in ICICI Securities

Senior Sales Manager Salary

(43 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Branch Manager Salary

(32 salaries)

₹4 L/yr - ₹8.6 L/yr

Marketing Manager Salary

(7 salaries)

₹6 L/yr - ₹13 L/yr

Deputy Manager Salary

(5 salaries)

₹5 L/yr - ₹6 L/yr

Top skills at ICICI Securities for Sales Manager

Sales Sales Management demat BW Switching P shares Accounting LI Banking Channel Sales Insurance broking Casa MF

Salary related reviews for ICICI Securities

5.0

Rated by 1 employees for salary & benefits

Senior Sales Manager in Ahmedabad

Full Time

Sales & Business Development Department

3.0

• posted on 31 Oct 2023

4.0

for Salary and Benefits

Likes

...you can learn a new things from bank branches and also from bank employees......salary hike is good

Salary - Good

+2 more

Dislikes

There is senior sales manager role is like a regional head but no senior support and no system allocation to us so wrost about a system

Work satisfaction - Poor

+1 more

Relationship Manager in Mumbai

Sales Department

2.0

• posted on 14 Jun 2021

2.0

for Salary and Benefits

Likes

... pays less but there's at least mental peace to an extent and work life balance. The only good thing at ICICI Securities is salary for freshers.

Dislikes

The culture and the bosses. Everyone cares about sales here. If you don't do sales, don't achieve targets then they would treat you like sh"t and take out your work life balance because you will be made to work for like 12 hours a day. Nobody cares except sales in this company.

Salary - Poor

+6 more

AVP in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

2.0

• posted on 29 Nov 2024

4.0

for Salary and Benefits

Likes

-compensation -work/life balance

Salary - Good

+2 more

Dislikes

-people and culture. still working in era of 5 day week with people having pseudo seniority complex. - no infra for newer tech. still stuck in ProC and Oracle. Microservice is an alien concept here

Skill development - Bad

+3 more

Senior Relationship Manager in Chennai

Full Time

Marketing & Communication Department

1.0

• posted on 16 Dec 2023

2.0

for Salary and Benefits

Likes

If you complete your target (depending on manager demand), you can enjoy bonus.

Dislikes

Traget pressure can make you a cold-blooded person because you need to acquire new clients every day. There are a total of 17 products you need to sell to the customers by calling them and asking them to invest. If you have a big family or friends circle, you can join this company because you can ask your friends or family to open an account, which will be easy to achieve weekly and monthly target.

Salary - Poor

+4 more

Assistant Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Aug 2024

5.0

for Salary and Benefits

Likes

...nings and growth to the Securities Market as well as in my Career Opportunities. The benefits and compensation, HR policies were also good which helped me to become financially independent person. Thank you ICICI Securities for giving me all this and I would love to be the part of this organisation again!

Salary - Excellent

+6 more

Dislikes

At times it was hard to handle the excessive pressure but was manageable. Also, to take leaves was really a tough job when it is genuinely needed and you have leave balance left.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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ICICI Securities Sales Manager Salary FAQs

What is the salary of Sales Manager at ICICI Securities Mumbai?

Sales Manager salary at ICICI Securities in Mumbai ranges between ₹2.0 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 54% less than the average Sales Manager Salary in India. Salary estimates are based on 42 latest salaries received from various employees of ICICI Securities Mumbai.

How does the salary of a Sales Manager at ICICI Securities Mumbai compare with the average salary range for this job?

The average salary of a Sales Manager at ICICI Securities is 54% less than the average salary of a Sales Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Sales Manager at ICICI Securities?

Sales, Sales Management, demat, BW and Switching are some of the popular skills required to work as a Sales Manager at ICICI Securities Mumbai.

Which similar companies are paying more than ICICI Securities to a Sales Manager in Mumbai?

Citicorp Sales Manager Salary - ₹11.2 Lakhs to ₹24.0 Lakhs per year
Edelweiss Sales Manager Salary - ₹4.4 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Capital Sales Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Financial Services Sales Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
Sharekhan Sales Manager Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year

What is the salary of a Sales Manager in companies similar to ICICI Securities in Mumbai?

Cholamandalam Investment & Finance Sales Manager Salary - ₹3.1 Lakhs to ₹4.7 Lakhs per year
HDFC Sales Sales Manager Salary - ₹2.5 Lakhs to ₹8.0 Lakhs per year
IIFL Securities Sales Manager Salary - ₹3.1 Lakhs to ₹5.4 Lakhs per year
Karvy Stock Broking Sales Manager Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year
Angel One Sales Manager Salary - ₹2.4 Lakhs to ₹4.6 Lakhs per year

What is the estimated take home salary of a Sales Manager at ICICI Securities in Mumbai?

The estimated take-home salary of a Sales Manager at ICICI Securities ranges between ₹22,570 per month to ₹24,045 per month in Mumbai. The take-home salary calculation is based on the average ICICI Securities Sales Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at ICICI Securities in Mumbai?

According to AmbitionBox, 39% of the ICICI Securities Sales Managers in Mumbai reported a notice period of 3 Months, 35% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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ICICI Securities Sales Manager Salaries in Mumbai

ICICI Securities Sales Manager salary in Mumbai ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 ICICI Securities latest salaries received from various employees of ICICI Securities.