Nippon Life India Asset Management Sales Manager Salaries by 4 Employees

1 - 5 years exp.

₹2 Lakhs - ₹7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

50% less than the average Sales Manager Salary in Financial Services Companies for 1 - 5 years of experience

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Last Updated: 1 Apr 2024

Companies similar to Nippon Life India Asset Management for Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Home Finance Sales Manager Salary 0 - 9 years exp. (548 salaries)	₹2 L/yr - ₹5.2 L/yr 4% more	2 job openings
ICICI Securities Sales Manager Salary 0 - 5 years exp. (270 salaries)	₹1.8 L/yr - ₹4.3 L/yr 9% less
Login to view exact salary
Aadhar Housing Finance Sales Manager Salary 0 - 9 years exp. (165 salaries)	₹2.2 L/yr - ₹5.2 L/yr 14% more	1 job opening
Pine Labs Sales Manager Salary 3 - 11 years exp. (109 salaries)	₹2.8 L/yr - ₹9.2 L/yr 85% more
Edelweiss Sales Manager Salary 2 - 13 years exp. (94 salaries)	₹3 L/yr - ₹10.5 L/yr 79% more
SBI Cards & Payment Services Sales Manager Salary 1 - 9 years exp. (70 salaries)	₹1.2 L/yr - ₹7.6 L/yr 6% more
JM Financial Sales Manager Salary 1 - 10 years exp. (55 salaries)	₹3 L/yr - ₹7 L/yr 39% more
Axis Direct Sales Manager Salary 0 - 10 years exp. (24 salaries)	₹1.5 L/yr - ₹6 L/yr 3% more
Kotak Securities Sales Manager Salary 3 - 12 years exp. (15 salaries)	₹2.2 L/yr - ₹6 L/yr 26% more
Bajaj Capital Sales Manager Salary 2 - 8 years exp. (13 salaries)	₹2.4 L/yr - ₹7.5 L/yr 8% more
Sharekhan Sales Manager Salary 1 - 20 years exp. (10 salaries)	₹3 L/yr - ₹9.5 L/yr 55% more
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ICICI Prudential Mutual Fund Sales Manager Salary 3 - 7 years exp. (6 salaries)	₹4.8 L/yr - ₹11.2 L/yr 76% more
Franklin Templeton Investments Sales Manager Salary 5 - 18 years exp. (4 salaries)	₹12 L/yr - ₹26.3 L/yr 375% more	1 job opening
Apex Group Sales Manager Salary 8 - 15 years exp. (4 salaries)	₹5.8 L/yr - ₹8.4 L/yr 99% more
Morningstar Sales Manager Salary 1 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 13% less
CAMS Sales Manager Salary 0 - 12 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr 258% more

Sales Manager salary at Nippon Life India Asset Management ranges between ₹2 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Nippon Life India Asset Management.

Experience wise Nippon Life India Asset Management Sales Manager salaries

Last Updated: 1 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr

Similar Designation salaries in Nippon Life India Asset Management

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₹10 L/yr - ₹20 L/yr

Branch Manager Salary

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₹5.9 L/yr - ₹11.5 L/yr

Area Sales Manager Salary

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₹1.9 L/yr - ₹14.93 L/yr

Sales Officer Salary

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₹1.95 L/yr - ₹3 L/yr

Deputy Manager Salary

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₹4.5 L/yr - ₹11.11 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹12 L/yr - ₹15.3 L/yr

Regional Manager Salary

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₹16 L/yr - ₹24.1 L/yr

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₹1.8 L/yr - ₹2.65 L/yr

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₹3 L/yr - ₹5.4 L/yr

Salary related reviews for Nippon Life India Asset Management

Relationship Manager

BFSI, Investments & Trading Department

4.0

• posted on 01 Dec 2019

3.0

for Salary and Benefits

Likes

Good and innovative, High work load, average pay, polictics, good at learning and training

Skill development - Excellent

+4 more

Dislikes

Some old stuff and Boss favroiteee get benifits that makes worng person at right place, which reduce and degrade the talents of subordinates

Work-life balance - Poor

Service Executive in Mathura

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• posted on 10 Dec 2023

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for Salary and Benefits

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Skill development - Excellent

+4 more

Dislikes

Major drawback is 3party pay role and less chance for employees to get on role due to offroll salary package is less.

Product Manager in Mumbai

Full Time

Other Department

5.0

• posted on 13 Dec 2023

4.0

for Salary and Benefits

Likes

Extremely supportive work environment along with great bosses & peers. The organisation boasts industry experts with diverse backgrounds providing ample opportunities for continuous learning. Company’s commitment to employee is evident through various employee benefits and I particularly the efforts put in by HR team into this.

Salary - Good

+6 more

Associate Head Regional in Vadodara

Full Time

Sales & Business Development Department

5.0

• posted on 15 Dec 2023

5.0

for Salary and Benefits

Likes

overall working Culture of the organization is amazingly good and leadership involvement & recognition to each member is really motivating . organization is also working closely with employees on employee betterment , skill & knowledge enhancement and providing learning culture.

Salary - Excellent

+6 more

Finance Assistant in New Delhi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to like in this company.

Dislikes

1) Managers like to burden you with their work. 2) Managers like to backbite about you from other employees. 3) If you take a leave then you will be seen as a liar. 4) Managers like buttering all the time and if you don't dont do it then you will be treated like shit. 5) Threat of getting fired. 6) Planning and plotting happens behind your back on how to irritate the employees.

Salary - Bad

+6 more

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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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Nippon Life India Asset Management Sales Manager Salary FAQs

What is the salary of Sales Manager at Nippon Life India Asset Management ?

The average salary of a Sales Manager at Nippon Life India Asset Management in India typically ranges from ₹2.0 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Sales Manager at Nippon Life India Asset Management earn more than ₹7.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Sales Manager Salaries at Nippon Life India Asset Management 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 Nippon Life India Asset Management employees in India.

What is the estimated take home salary of a Sales Manager at Nippon Life India Asset Management in India?

The estimated take-home salary of a Sales Manager at Nippon Life India Asset Management in India typically ranges from ₹25,782 to ₹27,209 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 1 year 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 4 salaries received from various employees of Nippon Life India Asset Management. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nippon Life India Asset Management for Sales Manager in India?

Franklin Templeton Investments	₹12.0 Lakhs to ₹26.3 Lakhs per year
CAMS	₹12.0 Lakhs to ₹13.0 Lakhs per year
Apex Group	₹5.8 Lakhs to ₹8.4 Lakhs per year
Pine Labs	₹2.8 Lakhs to ₹9.2 Lakhs per year
Edelweiss	₹3.0 Lakhs to ₹10.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Nippon Life India Asset Management, depending on the role and experience level.

What is the salary of a Sales Manager in companies similar to Nippon Life India Asset Management in India?

The salary of a Sales Manager at companies similar to Nippon Life India Asset Management in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Mutual Fund	₹4.8 Lakhs to ₹11.2 Lakhs per year
Sharekhan	₹3.0 Lakhs to ₹9.5 Lakhs per year
JM Financial	₹3.0 Lakhs to ₹7.0 Lakhs per year
Kotak Securities	₹2.2 Lakhs to ₹6.0 Lakhs per year
Aadhar Housing Finance	₹2.2 Lakhs to ₹5.2 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 Sales Manager at Nippon Life India Asset Management in India?

The salary growth for a Sales Manager at Nippon Life India Asset Management depends on factors such as experience, performance, and promotions. On average, a Sales Manager can expect the following growth trajectory at Nippon Life India Asset Management:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
3 years	₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.9 Lakhs per year

and so on.

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Nippon Life India Asset Management Sales Manager Salaries

Nippon Life India Asset Management Sales Manager salary in India ranges between ₹2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nippon Life India Asset Management latest salaries received from various employees of Nippon Life India Asset Management.