Religare Finvest Sales Manager Salaries by 10+ Employees

3 - 15 years exp.

₹3 Lakhs - ₹10.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Sales Manager Salary in Financial Services Companies for 3 - 15 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 3 - 15 years exp. (14 salaries)	₹3.2 L/yr - ₹10.5 L/yr
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BFSI, Investments & Trading Sales Manager Salary 5 - 10 years exp. (4 salaries)	₹3 L/yr - ₹8.2 L/yr

Last Updated: 13 Apr 2023

Companies similar to Religare Finvest for Sales Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Sales Manager Salary 0 - 10 years exp. (1k salaries)	₹1.4 L/yr - ₹9.6 L/yr 12% less
Aditya Birla Capital Sales Manager Salary 1 - 11 years exp. (306 salaries)	₹1.9 L/yr - ₹10 L/yr 5% less
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ICICI Securities Sales Manager Salary 0 - 5 years exp. (268 salaries)	₹1.8 L/yr - ₹4.3 L/yr 49% less
Motilal Oswal Financial Services Sales Manager Salary 3 - 12 years exp. (108 salaries)	₹2.1 L/yr - ₹8.6 L/yr 10% less	1 job opening
Edelweiss Sales Manager Salary 2 - 13 years exp. (94 salaries)	₹3 L/yr - ₹10.5 L/yr 1% more
JM Financial Sales Manager Salary 1 - 10 years exp. (55 salaries)	₹3 L/yr - ₹7 L/yr 22% less
Reliance Capital Sales Manager Salary 0 - 13 years exp. (29 salaries)	₹1.2 L/yr - ₹7.2 L/yr 46% less
Magma Housing Finance Sales Manager Salary 2 - 15 years exp. (22 salaries)	₹3.6 L/yr - ₹10.4 L/yr 11% less
Bajaj Capital Sales Manager Salary 2 - 8 years exp. (13 salaries)	₹2.4 L/yr - ₹7.5 L/yr 39% less
Sharekhan Sales Manager Salary 1 - 20 years exp. (10 salaries)	₹3 L/yr - ₹9.5 L/yr 13% less
Motilal Oswal Sales Manager Salary 0 - 12 years exp. (10 salaries)	₹2.3 L/yr - ₹7 L/yr 35% less
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Religare Sales Manager Salary 2 - 13 years exp. (9 salaries)	₹2.4 L/yr - ₹7.5 L/yr 41% less
Geojit Financial Services Sales Manager Salary 1 - 10 years exp. (5 salaries)	₹3 L/yr - ₹4.8 L/yr 40% less
Nippon Life India Asset Management Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 44% less
Muthoot Capital Services Sales Manager Salary 12 - 15 years exp. (3 salaries)	₹4 L/yr - ₹4.3 L/yr 35% less

Sales Manager salary at Religare Finvest ranges between ₹3 Lakhs to ₹10.5 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 18 latest salaries received from various employees of Religare Finvest.

Experience wise Religare Finvest Sales Manager salaries

Last Updated: 13 Apr 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
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5 years (3 salaries)	₹3 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
9 years (3 salaries)	₹4.6 L/yr - ₹8.5 L/yr
10 years (3 salaries)	₹4.5 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
13 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
14 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
15+ years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr

View all

Similar Designation salaries in Religare Finvest

Area Manager Salary

(3 salaries)

₹3.6 L/yr - ₹8.5 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Area Sales Manager Salary

(9 salaries)

₹10 L/yr - ₹18.25 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹16.6 L/yr - ₹21.2 L/yr

Deputy Manager Salary

(33 salaries)

₹2.6 L/yr - ₹6 L/yr

Business Manager Salary

(5 salaries)

₹9 L/yr - ₹17.42 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.9 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(20 salaries)

₹1.4 L/yr - ₹9.05 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Salary related reviews for Religare Finvest

4.5

Rated by 19 employees for salary & benefits

Relationship Manager in Nashik

Full Time

sales Department

4.0

• posted on 23 Sep 2017

4.0

for Salary and Benefits

Likes

While working with RFL I liked its environment, incentive structure, pay scale, teammates. Overall Religare is very healthiest company for work.

Salary - Good

+6 more

Dislikes

The superior which I was reporting was the most part which I dislike. He is the reason for me to left the company.

Credit Executive in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

5.0

• posted on 06 Apr 2019

1.0

for Salary and Benefits

Likes

In 2 and half years of working experience in this organisation I have given my utmost support, hard work, extra hours work, passion to complete the work without making delay with zero audit queries but in my entire time of 2 and half year they have increased only Rs.200/- in my appraisal which is very pathetic. And I never forgot that reporting boss Mr. Vamshikrishna A, who is now working for HDFC Bank as a CM for unsecured Business Loans.

Skill development - Excellent

Dislikes

pathetic politics of local Telugu guys inside the organization and given only a salary hike of Rs.200/-.in entire 2 and half years of my work.

Salary - Bad

+4 more

Senior Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 24 Jun 2024

4.0

for Salary and Benefits

Likes

It was good to be a part of Religare since 2008 to till date. Working environment and work culture is very good, further friendly relations with each other including higher management

Salary - Good

+6 more

Dislikes

Company under RBI CAP & not doing business since 2018, so there is no challenge faced & unable to grow. Further due RBI capping risk of job safety as well

Back Office Operator in Pune

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 20 Dec 2023

5.0

for Salary and Benefits

Likes

All staff very nice and supportive each one and religare work experiance so nice not company it's like our big home . Find satisfaction ,respect and growth.in future if give opportunity for work I will do work happly once again.

Salary - Excellent

+6 more

Dislikes

My experiance very nice .

Credit Operation Executive in Baroda Gujarat

BFSI, Investments & Trading Department

5.0

• posted on 14 Aug 2020

5.0

for Salary and Benefits

Likes

Good policy

Salary - Excellent

+6 more

Dislikes

Not good Behavior for reporting manager for the name of Himanshu Modi (ZOH) he is totally politics game for junior employees example for me i have handled 3 branch for surat, baroda and vapi but he was resignation for religare finvest

see more salary related reviews

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Salary Discussions, Hike & Promotions

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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Religare Finvest Sales Manager Salary FAQs

What is the salary of Sales Manager at Religare Finvest ?

The average salary of a Sales Manager at Religare Finvest in India typically ranges from ₹3.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Sales Manager at Religare Finvest earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.5 Lakhs per year. Sales Manager Salaries at Religare Finvest 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 10+ Religare Finvest employees in India.

What is the estimated take home salary of a Sales Manager at Religare Finvest in India?

The estimated take-home salary of a Sales Manager at Religare Finvest in India typically ranges from ₹47,763 to ₹48,893 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 3 years to 15 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 10+ salaries received from various employees of Religare Finvest. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Religare Finvest for Sales Manager in India?

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 Religare Finvest, depending on the role and experience level.

What is the salary of a Sales Manager in companies similar to Religare Finvest in India?

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

Aditya Birla Capital	₹1.9 Lakhs to ₹10.0 Lakhs per year
Motilal Oswal Financial Services	₹2.1 Lakhs to ₹8.6 Lakhs per year
Magma Housing Finance	₹3.6 Lakhs to ₹10.4 Lakhs per year
Bajaj Finserv	₹1.4 Lakhs to ₹9.6 Lakhs per year
Sharekhan	₹3.0 Lakhs to ₹9.5 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 Religare Finvest in India?

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

Experience	Average Salary Range
3 years	₹4.2 Lakhs to ₹5.4 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.7 Lakhs per year
5 years	₹3.0 Lakhs to ₹5.6 Lakhs per year
6 years	₹4.9 Lakhs to ₹6.3 Lakhs per year

and so on.

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Religare Finvest Sales Manager Salaries

Religare Finvest Sales Manager salary in India ranges between ₹3 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Religare Finvest latest salaries received from various employees of Religare Finvest.