SBI Cards & Payment Services ASM Salaries by 10+ Employees (Updated 2025)

7 - 14 years exp.

₹8 Lakhs - ₹13 Lakhs

Salary of majority employees

54% more than the average ASM Salary in Financial Services Companies for 7 - 14 years of experience

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Salaries in different departments

Sales & Business Development ASM Salary 7 - 13 years exp. (8 salaries)	₹8.3 L/yr - ₹13 L/yr
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BFSI, Investments & Trading ASM Salary 8 - 14 years exp. (4 salaries)	₹8 L/yr - ₹13 L/yr

Last Updated: 28 Feb 2025

Companies similar to SBI Cards & Payment Services for ASM

Company name	Avg Annual Salary	Open Jobs
Pine Labs ASM Salary 7 - 9 years exp. (6 salaries)	₹5.2 L/yr - ₹12.5 L/yr 33% less
Vastu Housing Finance ASM Salary 9 - 23 years exp. (5 salaries)	₹7.4 L/yr - ₹12 L/yr 13% less
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Axis Max Life Insurance ASM Salary 1 - 9 years exp. (117 salaries)	₹2.5 L/yr - ₹4.8 L/yr 68% less
Reliance Retail ASM Salary 4 - 15 years exp. (94 salaries)	₹1.8 L/yr - ₹10 L/yr 55% less
HDFC Life ASM Salary 0 - 8 years exp. (62 salaries)	₹2.7 L/yr - ₹5 L/yr 65% less

ASM salary at SBI Cards & Payment Services ranges between ₹8 Lakhs to ₹13 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 12 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services ASM salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹18.2 L/yr
8 years (AmbitionBox Estimate)	₹8 L/yr - ₹18.8 L/yr
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9 years (AmbitionBox Estimate)	₹9 L/yr - ₹19.5 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.2 L/yr
11 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹12.2 L/yr
12 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹5 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13 L/yr

View all

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Salary related reviews for SBI Cards & Payment Services

1.0

Rated by 1 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

Good at working

Salary - Excellent

+6 more

Dislikes

Good Working

Relationship Manager in Borivali West

Full Time

Credit Card Sales Department

1.0

• posted on 08 Dec 2022

1.0

for Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

Salary - Bad

+6 more

Regional Sales Manager in Thiruvananthapuram

Sales & Business Development Department

5.0

• posted on 22 Sep 2021

3.0

for Salary and Benefits

Likes

Overall SBI Card is good and talking job security 100 % assurance is there and Work culture as per current scenario is changed and company is very aggressive in nature .Company policies is not changing on regular basis and Company is aiming for more profits in this pandaemic crisis for the development of Company's growth year on year

Skill development - Good

+4 more

Dislikes

Company has to compensate salary for the employees as per industry standards I belive, still this has not done since 2017 onwards ...

Sales Manager in Hyderabad / Secunderabad

Other Department

3.0

• posted on 25 Mar 2022

4.0

for Salary and Benefits

Likes

Gives good compensation, job security and the management is good.

Salary - Good

+1 more

Dislikes

The sales department at SBI Card is pathetic. Long working hours (12-14 hrs) with no leaves across the calendar. You need to work even on Sunday’s and govt holidays. Work life balance at this particular department is pathetic.

Work satisfaction - Poor

+1 more

Area Sales Manager in Pune

BFSI, Investments & Trading Department

4.0

• posted on 18 Jan 2021

1.0

for Salary and Benefits

Likes

Everything is good except compensation. Who is not serious about job and wants to do only time pass can easily survive but who actually work hard will get nothing..

Skill development - Good

+2 more

Dislikes

HR is weak in the organisation Not able to do salary correction for the performing but least paid employees

Salary - Bad

+1 more

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SBI Cards & Payment Services ASM Salary FAQs

What is the salary of ASM at SBI Cards & Payment Services ?

The average salary of a ASM at SBI Cards & Payment Services in India typically ranges from ₹8.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of ASM at SBI Cards & Payment Services earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. ASM Salaries at SBI Cards & Payment 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 10+ SBI Cards & Payment Services employees in India.

What is the estimated take home salary of a ASM at SBI Cards & Payment Services in India?

The estimated take-home salary of a ASM at SBI Cards & Payment Services in India typically ranges from ₹81,611 to ₹83,740 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 7 years to 14 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 SBI Cards & Payment Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a ASM in companies similar to SBI Cards & Payment Services in India?

The salary of a ASM at companies similar to SBI Cards & Payment Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Vastu Housing Finance	₹7.4 Lakhs to ₹12.0 Lakhs per year
Pine Labs	₹5.2 Lakhs to ₹12.5 Lakhs per year
Reliance Retail	₹1.8 Lakhs to ₹10.0 Lakhs per year
HDFC Life	₹2.7 Lakhs to ₹5.0 Lakhs per year
Axis Max Life Insurance	₹2.5 Lakhs to ₹4.8 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 ASM at SBI Cards & Payment Services in India?

The salary growth for a ASM at SBI Cards & Payment Services depends on factors such as experience, performance, and promotions. On average, a ASM can expect the following growth trajectory at SBI Cards & Payment Services:

Experience	Average Salary Range
7 years	₹8.3 Lakhs to ₹18.2 Lakhs per year
8 years	₹8.0 Lakhs to ₹18.8 Lakhs per year
9 years	₹9.0 Lakhs to ₹19.5 Lakhs per year
10 years	₹10.0 Lakhs to ₹20.2 Lakhs per year

and so on.

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SBI Cards & Payment Services ASM Salaries

SBI Cards & Payment Services ASM salary in India ranges between ₹8 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.