Religare Sales Manager Salaries by 9 Employees (Updated 2024)

2 - 13 years exp.

₹2.4 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Sales Manager Salary in Financial Services Companies for 2 - 13 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 5 - 13 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Sales Manager Salary 2 - 11 years exp. (3 salaries)	₹2.4 L/yr - ₹7.5 L/yr

Last Updated: 2 Aug 2023

Companies similar to Religare for Sales Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Sales Manager Salary 0 - 5 years exp. (256 salaries)	₹1.8 L/yr - ₹4.1 L/yr 17% less	1 job opening
HDFC Securities Sales Manager Salary 2 - 7 years exp. (13 salaries)	₹2 L/yr - ₹6.2 L/yr 21% more
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Kotak Securities Sales Manager Salary 3 - 12 years exp. (20 salaries)	₹2.2 L/yr - ₹6 L/yr 9% more
Edelweiss Sales Manager Salary 2 - 12 years exp. (100 salaries)	₹3 L/yr - ₹10.5 L/yr 63% more
Motilal Oswal Financial Services Sales Manager Salary 3 - 12 years exp. (115 salaries)	₹2.1 L/yr - ₹8.6 L/yr 54% more
Angel One Sales Manager Salary 2 - 10 years exp. (66 salaries)	₹1.8 L/yr - ₹6 L/yr 1% more
Karvy Stock Broking Sales Manager Salary 1 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹4.2 L/yr 10% more
IIFL Securities Sales Manager Salary 2 - 10 years exp. (11 salaries)	₹2.4 L/yr - ₹5.4 L/yr 5% more
Sharekhan Sales Manager Salary 1 - 16 years exp. (12 salaries)	₹2 L/yr - ₹9.9 L/yr 44% more
Axis Direct Sales Manager Salary 0 - 12 years exp. (28 salaries)	₹1.5 L/yr - ₹6 L/yr 12% more
Bajaj Finserv Sales Manager Salary 0 - 10 years exp. (1k salaries)	₹1.4 L/yr - ₹10 L/yr 50% more
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MAS Financial Services Sales Manager Salary 1 - 8 years exp. (138 salaries)	₹1.7 L/yr - ₹6.7 L/yr At par	9 job openings
JM Financial Sales Manager Salary 3 - 12 years exp. (57 salaries)	₹3 L/yr - ₹7 L/yr 37% more
Reliance Capital Sales Manager Salary 0 - 9 years exp. (24 salaries)	₹1.2 L/yr - ₹7.2 L/yr 9% less
Magma Housing Finance Sales Manager Salary 2 - 15 years exp. (22 salaries)	₹3.6 L/yr - ₹10.4 L/yr 52% more
Religare Finvest Sales Manager Salary 3 - 15 years exp. (18 salaries)	₹3 L/yr - ₹10.5 L/yr 71% more
Bajaj Capital Sales Manager Salary 2 - 8 years exp. (13 salaries)	₹2.1 L/yr - ₹4.9 L/yr 6% less
Motilal Oswal Sales Manager Salary 0 - 12 years exp. (10 salaries)	₹2.3 L/yr - ₹7 L/yr 11% more
Geojit Financial Services Sales Manager Salary 1 - 10 years exp. (5 salaries)	₹3 L/yr - ₹4.8 L/yr 2% more
Nippon Life India Asset Management Sales Manager Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹7 L/yr 4% less

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Sales Manager salary at Religare ranges between ₹2.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 13 years. Salary estimates are based on 9 latest salaries received from various employees of Religare.

Experience wise Religare Sales Manager salaries

Last Updated: 2 Aug 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
11 years (3 salaries)	₹3 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹7 L/yr
13 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Religare

Store Manager Salary

(AmbitionBox Estimate)

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Area Manager Salary

(6 salaries)

₹8 L/yr - ₹15 L/yr

Branch Manager Salary

(46 salaries)

₹3 L/yr - ₹10 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Sales Officer Salary

(4 salaries)

₹1.5 L/yr - ₹2.4 L/yr

Deputy Manager Salary

(156 salaries)

₹2.75 L/yr - ₹7.2 L/yr

Business Manager Salary

(5 salaries)

₹6.63 L/yr - ₹12 L/yr

Senior Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹5.2 L/yr

Marketing Manager Salary

(4 salaries)

₹6 L/yr - ₹8 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Top skills at Religare for Sales Manager

Team Handling Business Development Management Insurance Sales Sales Management Team Leading

Salary related reviews for Religare

4.8

Rated by 4 employees for salary & benefits

Branch Manager in Dindigul

Customer Success, Service & Operations Department

4.0

• posted on 27 Jul 2018

5.0

for Salary and Benefits

Likes

Month on month Salary is good. Pressurised job. Team members are very co-operative.

Dislikes

Incentive salab is very tough. If the share market gets volatile no one's can't work peacefully. If you achieve your monthly targets, even though they were not leaving you from the third parties products. More over asusal corporate politics is there.

Back Office Coordinator in Bangalore Urban

Customer Success, Service & Operations Department

5.0

• posted on 14 May 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive in Bangalore every year will get bonus.

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow. In head office lot of parshalities for newly joined no training.

Data Entry Operator in Gurgaon / Gurugram

Other Department

1.0

• posted on 12 May 2021

2.0

for Salary and Benefits

Likes

...most useless experience in Religare. There is no coordination between HR and TL. I was suffer atleast 3 month for my salary deduction still not received justified explaination for HR and TL.

Dislikes

Communication Gap between HR and TL. And lack of support for employees.

Equity Advisor in Vile Parle

Equity Dealing Department

3.0

• posted on 20 Dec 2020

1.0

for Salary and Benefits

Likes

Religare is a good place to work without pressure,this company is employee friendly.if u are lazy and u don't want any extra earning than this good place for you.

Dislikes

No growth ,no incentive and if you are low performer with high salary upper manager will say you for exit.systems are very slow even u will not found how much client u have.

Deputy Manager (Depository) in Noida

Other Department

4.0

• posted on 09 Feb 2018

4.0

for Salary and Benefits

Likes

...adapt. The employees are able to grow their knowledge and expand their horizons. The salary reaches the account well before the due date.

Dislikes

There is little appraisal even to employees who have worked for 9-10 years.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Religare Sales Manager Salary FAQs

What is the salary of Sales Manager at Religare?

Sales Manager salary at Religare in India ranges between ₹2.4 Lakhs to ₹7.5 Lakhs for experience between 2 years to 13 years. According to our estimates it is 47% less than the average Sales Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Religare India.

How does the salary of a Sales Manager at Religare India compare with the average salary range for this job?

The average salary of a Sales Manager at Religare is 47% less than the average salary of a Sales Manager in India. To know exact salary insights, login to view.

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

Team Handling, Business Development Management, Insurance Sales, Sales Management and Team Leading are some of the popular skills required to work as a Sales Manager at Religare India.

Which similar companies are paying more than Religare to a Sales Manager in India?

Religare Finvest Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
Edelweiss Sales Manager Salary - ₹3.0 Lakhs to ₹10.5 Lakhs per year
Motilal Oswal Financial Services Sales Manager Salary - ₹2.1 Lakhs to ₹8.6 Lakhs per year
Magma Housing Finance Sales Manager Salary - ₹3.6 Lakhs to ₹10.4 Lakhs per year
Bajaj Finserv Sales Manager Salary - ₹1.4 Lakhs to ₹10.0 Lakhs per year

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

Sharekhan Sales Manager Salary - ₹2.0 Lakhs to ₹9.9 Lakhs per year
JM Financial Sales Manager Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
HDFC Securities Sales Manager Salary - ₹2.0 Lakhs to ₹6.2 Lakhs per year
Muthoot Capital Services Sales Manager Salary - ₹4.1 Lakhs to ₹4.3 Lakhs per year
Axis Direct Sales Manager Salary - ₹1.5 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Sales Manager at Religare ranges between ₹26,895 per month to ₹28,306 per month in India. The take-home salary calculation is based on the average Religare Sales Manager salary in India which ranges between ₹2.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Sales Manager at Religare?

According to AmbitionBox, 67% of the Religare Sales Managers reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Religare Sales Manager Salaries

Religare Sales Manager salary in India ranges between ₹2.4 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Religare latest salaries received from various employees of Religare.