LICHFL Financial Services Mumbai Assistant Sales Manager Salaries by 4 Employees (Updated 2025)

7 - 10 years exp.

₹3.3 Lakhs - ₹5 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Assistant Sales Manager Salary for 7 - 10 years of experience

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Salaries in different departments

Sales & Business Development Assistant Sales Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹5 L/yr
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Finance & Accounting Assistant Sales Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4 L/yr

Last Updated: 28 Feb 2025

Companies similar to LICHFL Financial Services for Assistant Sales Manager in Mumbai

LICHFL Financial Services Assistant Sales Manager Salary

7 - 10 years exp. (4 salaries)

₹3.3 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank Assistant Sales Manager Salary 1 - 8 years exp. (36 salaries)	₹2.4 L/yr - ₹4.4 L/yr 8% less	1 job opening
Kotak Mahindra Bank Assistant Sales Manager Salary 1 - 6 years exp. (23 salaries)	₹2 L/yr - ₹5 L/yr 15% less
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Jio Assistant Sales Manager Salary 2 - 10 years exp. (11 salaries)	₹3 L/yr - ₹6.1 L/yr 35% more
HDFC Bank Assistant Sales Manager Salary 2 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹6 L/yr 2% more
ICICI Bank Assistant Sales Manager Salary 1 - 6 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 4% less
Reliance Industries Assistant Sales Manager Salary 8 - 9 years exp. (3 salaries)	₹4.4 L/yr - ₹6 L/yr 34% more

Assistant Sales Manager salary at LICHFL Financial Services ranges between ₹3.3 Lakhs to ₹5 Lakhs per year for employees with experience between 7 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of LICHFL Financial Services.

Experience wise LICHFL Financial Services Assistant Sales Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Top skills at LICHFL Financial Services for Assistant Sales Manager

Loan against Property Revenue Generation Sales Management Team Handling Home Loans Hindi Marathi Typing Teaching English Insurance Sales Loan Sales Mortgage Loans Business Loan

Salary related reviews for LICHFL Financial Services

Rated by 1 employees for salary & benefits

Sales Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 03 Jan 2025

3.0

for Salary and Benefits

Likes

I have learnt a lot in this company , this company gives you sufficient time to improve yourself n earn more.

Skill development - Excellent

+3 more

Dislikes

As this company is subsidery of lic hfl , but employees don't get any facility as lic hfl gives it employees.

Chief Marketing & Operating Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 May 2021

3.0

for Salary and Benefits

Likes

It’s the best working place fir self-motivated people, with minimal supervision and maximum empowerment. It also offers tremendous earning opportunities for the sales team people who are ready to perform n excel

Skill development - Good

+5 more

Dislikes

Except salary and incentives, other benefits are very limited or not there at all.

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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LICHFL Financial Services Assistant Sales Manager Salary FAQs

What is the salary of Assistant Sales Manager at LICHFL Financial Services in Mumbai?

The average salary of a Assistant Sales Manager at LICHFL Financial Services in Mumbai typically ranges from ₹3.3 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 7 years to 10 years).

The top 10% of Assistant Sales Manager in Mumbai at LICHFL Financial Services earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Assistant Sales Manager Salaries at LICHFL Financial Services 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 LICHFL Financial Services employees in India.

What is the estimated take home salary of a Assistant Sales Manager at LICHFL Financial Services in Mumbai?

The estimated take-home salary of a Assistant Sales Manager at LICHFL Financial Services in Mumbai typically ranges from ₹29,639 to ₹30,959 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 7 years to 10 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 LICHFL Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Sales Manager at LICHFL Financial Services in Mumbai?

To be a Assistant Sales Manager at LICHFL Financial Services in Mumbai, the key skills required include:

- Loan against Property
- Revenue Generation
- Sales Management
- Team Handling
- Home Loans

These skills are highly valued at LICHFL Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than LICHFL Financial Services for Assistant Sales Manager in India?

Jio	₹3.0 Lakhs to ₹6.1 Lakhs per year
Reliance Industries	₹4.4 Lakhs to ₹6.0 Lakhs per year
HDFC Bank	₹2.8 Lakhs to ₹6.0 Lakhs per year

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

What is the salary of a Assistant Sales Manager in companies similar to LICHFL Financial Services in Mumbai?

The salary of a Assistant Sales Manager at companies similar to LICHFL Financial Services in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹3.0 Lakhs to ₹5.0 Lakhs per year
Axis Bank	₹2.4 Lakhs to ₹4.4 Lakhs per year
Kotak Mahindra Bank	₹2.0 Lakhs to ₹5.0 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 Assistant Sales Manager at LICHFL Financial Services in Mumbai?

The salary growth for a Assistant Sales Manager at LICHFL Financial Services in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Sales Manager in Mumbai can expect the following growth trajectory at LICHFL Financial Services:

Experience	Average Salary Range
7 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
8 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
9 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
10 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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LICHFL Financial Services Assistant Sales Manager Salaries in Mumbai

LICHFL Financial Services Assistant Sales Manager salary in Mumbai ranges between ₹3.3 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 LICHFL Financial Services latest salaries received from various employees of LICHFL Financial Services.

LICHFL Financial Services Assistant Sales Manager salaries in Mumbai (Updated 2025)