Raam Group Service Manager Salaries by 4 Employees (Updated 2025)

0 - 8 years exp.

₹2 Lakhs - ₹5.6 Lakhs

Salary of majority employees

47% less than the average Service Manager Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering Service Manager Salary 8 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.1 L/yr
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Quality Assurance Service Manager Salary 5 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 22 Jan 2025

Companies similar to Raam Group for Service Manager

Company name	Avg Annual Salary	Open Jobs
Citicorp Service Manager Salary 3 - 17 years exp. (38 salaries)	₹5.4 L/yr - ₹15.9 L/yr 147% more
Xyz Company Service Manager Salary 0 - 15 years exp. (6 salaries)	₹24 L/yr - ₹40 L/yr 606% more
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ICICI Securities Service Manager Salary 3 - 10 years exp. (5 salaries)	₹4.5 L/yr - ₹5.3 L/yr 13% more
Bajaj Finserv Service Manager Salary 1 - 6 years exp. (5 salaries)	₹3.4 L/yr - ₹6.5 L/yr 2% more
Motilal Oswal Financial Services Service Manager Salary 5 - 8 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 19% more
American Express Service Manager Salary 6 - 20 years exp. (5 salaries)	₹5.9 L/yr - ₹38 L/yr 456% more
HSBC Group Service Manager Salary 12 - 16 years exp. (5 salaries)	₹10.1 L/yr - ₹26 L/yr 247% more	1 job opening
Morgan Stanley Service Manager Salary 0 - 20 years exp. (4 salaries)	₹24 L/yr - ₹25 L/yr 474% more
SBI Cards & Payment Services Service Manager Salary 1 - 11 years exp. (4 salaries)	₹1.2 L/yr - ₹8.5 L/yr 26% more
BNP Paribas Service Manager Salary 7 - 13 years exp. (4 salaries)	₹12 L/yr - ₹20 L/yr 259% more
Kotak Securities Service Manager Salary 4 - 10 years exp. (3 salaries)	₹2.6 L/yr - ₹6.2 L/yr 5% more
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N+A Service Manager Salary 13 - 15 years exp. (3 salaries)	₹4.4 L/yr - ₹7.5 L/yr 60% more
London Stock Exchange Group Service Manager Salary 9 - 17 years exp. (3 salaries)	₹24.4 L/yr - ₹60 L/yr 870% more

Service Manager salary at Raam Group ranges between ₹2 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Raam Group.

Experience wise Raam Group Service Manager salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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8 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr

Similar Designation salaries in Raam Group

Service Engineer Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Service Advisor Salary

(5 salaries)

₹2.4 L/yr - ₹3 L/yr

Sales Manager Salary

(5 salaries)

₹0.6 L/yr - ₹9.38 L/yr

Customer Care Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Sales Executive Salary

(7 salaries)

₹2.15 L/yr - ₹3.4 L/yr

Customer Relationship Manager Salary

(8 salaries)

₹2.4 L/yr - ₹4.95 L/yr

Salary related reviews for Raam Group

5.0

Rated by 3 employees for salary & benefits

VP Operations, Sales And Service in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 26 Jun 2023

3.0

for Salary and Benefits

Likes

Nothing at all.

Dislikes

...ny. Right from CEO to the Sales heads. Unfair behaviour across the organisation. They exploit employees with numerous changes to the incentive structures leading to literally very less pay

Skill development - Poor

+5 more

Management Trainee in Hyderabad, Banjara Hills

Sales & Business Development Department

2.0

• posted on 02 May 2022

2.0

for Salary and Benefits

Likes

There are hardly positive things in the RAAM Group. If you want promotion easily and sustain in that role for a long time, then you have to say "Yes" to all of the things whichever your GM/VP says.

Dislikes

- Very great in Politics. - Poor Incentive structure - Poor Salary - No work Ethics & Culture. - Very dangerous place for Freshers. - No work life balance. - Poor Senior Level Management.

Salary - Poor

+5 more

Team Lead in Banjara Hills

Marketing & Communication Department

4.0

• posted on 31 Mar 2021

3.0

for Salary and Benefits

Likes

Raam group is good company to work

Skill development - Good

+1 more

Dislikes

... allow to develop only one catagory of people who are belongs to thier catagory. They are not given hike on salary till now. As on joining date they said they will give hike in every 10 months are 1 year till now they are given any hike to employees

Accountant in Hyderabad / Secunderabad

Full Time

Finance & Accounting Department

4.0

• posted on 04 Aug 2024

5.0

for Salary and Benefits

Likes

It's a very good company. Ethics and moral values, the dignity of labour and employees are found. Raam Group is a prominent automobile dealership across India with a strong reputation as channel partners for renowned brands like Mercedes-Benz, MG Motor, Tata, Honda, Ather, Alti green, and more

Salary - Excellent

+5 more

Dislikes

Not support others works involved, like GST & TDS Financial accounting works

Relationship Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 10 Feb 2025

2.0

for Salary and Benefits

Likes

I personally learnt some knowledge so I should be thankful for only that.

Work satisfaction - Good

Dislikes

Everything in Raam Group. There is partiality among all the leaders over there. They will say we do that these but nothing. They actually look people like labours.

Salary - Poor

+2 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Raam Group Service Manager Salary FAQs

What is the salary of Service Manager at Raam Group ?

The average salary of a Service Manager at Raam Group in India typically ranges from ₹2.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Service Manager at Raam Group earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Service Manager Salaries at Raam Group 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 Raam Group employees in India.

What is the estimated take home salary of a Service Manager at Raam Group in India?

The estimated take-home salary of a Service Manager at Raam Group in India typically ranges from ₹31,760 to ₹33,048 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher to 8 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 Raam Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Raam Group for Service Manager in India?

London Stock Exchange Group	₹24.4 Lakhs to ₹60.0 Lakhs per year
Xyz Company	₹24.0 Lakhs to ₹40.0 Lakhs per year
Morgan Stanley	₹24.0 Lakhs to ₹25.0 Lakhs per year
American Express	₹5.9 Lakhs to ₹38.0 Lakhs per year
BNP Paribas	₹12.0 Lakhs to ₹20.0 Lakhs per year

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

What is the salary of a Service Manager in companies similar to Raam Group in India?

The salary of a Service Manager at companies similar to Raam Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Group	₹10.1 Lakhs to ₹26.0 Lakhs per year
Citicorp	₹5.4 Lakhs to ₹15.9 Lakhs per year
N+A	₹4.4 Lakhs to ₹7.5 Lakhs per year
SBI Cards & Payment Services	₹1.2 Lakhs to ₹8.5 Lakhs per year
Motilal Oswal Financial Services	₹3.0 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 Service Manager at Raam Group in India?

The salary growth for a Service Manager at Raam Group depends on factors such as experience, performance, and promotions. On average, a Service Manager can expect the following growth trajectory at Raam Group:

Experience	Average Salary Range
Fresher	₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
8 years	₹4.2 Lakhs to ₹5.4 Lakhs per year

and so on.

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Raam Group Service Manager Salaries

Raam Group Service Manager salary in India ranges between ₹2 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Raam Group latest salaries received from various employees of Raam Group.