SBI Cards & Payment Services Mumbai Sales Manager Salaries by 7 Employees (Updated 2025)

1 - 6 years exp.

₹2 Lakhs - ₹6.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

52% less than the average Sales Manager Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Marketing & Communication Sales Manager Salary 1 - 2 years exp. (3 salaries)	₹2.1 L/yr - ₹3.8 L/yr
BFSI, Investments & Trading Sales Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹6.6 L/yr
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Sales & Business Development Sales Manager Salary 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹4.4 L/yr

Last Updated: 23 Mar 2025

Companies similar to SBI Cards & Payment Services for Sales Manager in Mumbai

SBI Cards & Payment Services Sales Manager Salary

1 - 6 years exp. (7 salaries)

₹2 L/yr - ₹6.6 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Home Finance Sales Manager Salary 0 - 8 years exp. (101 salaries)	₹2 L/yr - ₹5 L/yr 10% more	2 job openings
Pine Labs Sales Manager Salary 4 - 11 years exp. (15 salaries)	₹3 L/yr - ₹13.8 L/yr 138% more
Login to view exact salary
Aadhar Housing Finance Sales Manager Salary 3 - 9 years exp. (9 salaries)	₹3.5 L/yr - ₹5.3 L/yr 26% more	1 job opening
Vastu Housing Finance Sales Manager Salary 5 - 10 years exp. (3 salaries)	₹4.6 L/yr - ₹6 L/yr 57% more	2 job openings
Whitehat jr Sales Manager Salary 2 - 12 years exp. (608 salaries)	₹3 L/yr - ₹12 L/yr 117% more

Sales Manager salary at SBI Cards & Payment Services ranges between ₹2 Lakhs to ₹6.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Sales Manager salaries in Mumbai

Last Updated: 23 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.3 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr

View all

Similar Designation salaries in SBI Cards & Payment Services

Area Sales Manager Salary

(72 salaries)

₹5.5 L/yr - ₹13.1 L/yr

Sales Executive Salary

(56 salaries)

₹1.55 L/yr - ₹4 L/yr

Sales Officer Salary

(7 salaries)

₹2.1 L/yr - ₹3.5 L/yr

Top skills at SBI Cards & Payment Services for Sales Manager

Sales Lead Generation Corporate Sales Business Development Merchant Banking Payments Merchant Acquiring institutional sales PoS Government Sales Sales Planning Staffing Data Mining Procurement Data Structures

Salary related reviews for SBI Cards & Payment Services

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

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

Sales Executive in Odisha

Innov pvt ltd Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

...ork environment and culture. There is a huge cafeterria and gaming for chilling. Company policy are good, appraisals are fair and they give salary hike and bonus every year. But this process not available because complete soon but ni hike salary no bunus so

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't adress our issues salary is decent but career growth is zero.

Sales Executive in Ernakulam

Credit Card Sales Department

1.0

• posted on 26 Feb 2022

1.0

for Salary and Benefits

Likes

The worst company ever.. and they are fraud they are cheating the candidates in the name of salary fraud there is no job security no benefits ntng

Dislikes

No salary they are cheated in the name of package and there is no attendance they are fraud

Salary - Bad

+6 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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SBI Cards & Payment Services Sales Manager Salary FAQs

What is the salary of Sales Manager at SBI Cards & Payment Services in Mumbai?

The average salary of a Sales Manager at SBI Cards & Payment Services in Mumbai typically ranges from ₹2.0 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Sales Manager in Mumbai at SBI Cards & Payment Services earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Sales Manager 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 7 SBI Cards & Payment Services employees in India.

What is the estimated take home salary of a Sales Manager at SBI Cards & Payment Services in Mumbai?

The estimated take-home salary of a Sales Manager at SBI Cards & Payment Services in Mumbai typically ranges from ₹24,269 to ₹25,719 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 1 year to 6 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 7 salaries received from various employees of SBI Cards & Payment Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Sales Manager at SBI Cards & Payment Services in Mumbai?

To be a Sales Manager at SBI Cards & Payment Services in Mumbai, the key skills required include:

- Sales
- Lead Generation
- Corporate Sales
- Business Development
- Merchant Banking

These skills are highly valued at SBI Cards & Payment Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than SBI Cards & Payment Services for Sales Manager in India?

Pine Labs	₹3.0 Lakhs to ₹13.8 Lakhs per year
Whitehat jr	₹3.0 Lakhs to ₹12.0 Lakhs per year
Vastu Housing Finance	₹4.6 Lakhs to ₹6.0 Lakhs per year
Aadhar Housing Finance	₹3.5 Lakhs to ₹5.3 Lakhs per year
ICICI Home Finance	₹2.0 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Cards & Payment Services, depending on the role and experience level.

How the salary growth look like for a Sales Manager at SBI Cards & Payment Services in Mumbai?

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

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹2.5 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.9 Lakhs to ₹3.7 Lakhs per year

and so on.

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SBI Cards & Payment Services Sales Manager Salaries in Mumbai

SBI Cards & Payment Services Sales Manager salary in Mumbai ranges between ₹2 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.