Swastika Investmart Indore Sales Manager Salaries by 10+ Employees

2 - 6 years exp.

₹2.9 Lakhs - ₹5.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Sales Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development Sales Manager Salary 2 - 6 years exp. (8 salaries)	₹2.9 L/yr - ₹4.8 L/yr
BFSI, Investments & Trading Sales Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.2 L/yr
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Finance & Accounting Sales Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.5 L/yr
Marketing & Communication Sales Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.3 L/yr

Last Updated: 7 Nov 2024

Companies similar to Swastika Investmart for Sales Manager in Indore

Swastika Investmart Sales Manager Salary

2 - 6 years exp. (13 salaries)

₹2.9 L/yr - ₹5.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Sales Manager Salary 0 - 16 years exp. (131 salaries)	₹3.5 L/yr - ₹12.7 L/yr 84% more	3 job openings
Axis Bank Sales Manager Salary 1 - 14 years exp. (97 salaries)	₹3 L/yr - ₹13.1 L/yr 94% more	2 job openings
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Kotak Mahindra Bank Sales Manager Salary 1 - 12 years exp. (29 salaries)	₹1.8 L/yr - ₹9.5 L/yr 70% more
Tata Capital Sales Manager Salary 0 - 11 years exp. (28 salaries)	₹4.5 L/yr - ₹9.9 L/yr 82% more	21 job openings
Bajaj Allianz General Insurance Sales Manager Salary 0 - 11 years exp. (25 salaries)	₹3 L/yr - ₹6.6 L/yr 19% more	85 job openings

Sales Manager salary at Swastika Investmart ranges between ₹2.9 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 13 latest salaries received from various employees of Swastika Investmart.

Experience wise Swastika Investmart Sales Manager salaries in Indore

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
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4 years (3 salaries)	₹2.9 L/yr - ₹4.2 L/yr
5 years (5 salaries)	₹4 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

Similar Designation salaries in Swastika Investmart

Deputy Manager Salary

(11 salaries)

₹3 L/yr - ₹5.25 L/yr

Sales Executive Salary

(5 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Assistant Sales Manager Salary

(3 salaries)

₹3.5 L/yr - ₹6.5 L/yr

Top skills at Swastika Investmart for Sales Manager

Relationship Management stock broking HNI Client Handling Revenue Generation Team Handling broking Profit Centre Sales Wealth Management Business Development Advisory Stock Market online trading Spoken English Operations Management

Salary related reviews for Swastika Investmart

3.3

Rated by 7 employees for salary & benefits

Branch Manager in Aurangabad

Financial Services Department

1.0

• posted on 23 Oct 2021

1.0

for Salary and Benefits

Likes

...s of politics using employees data and sack them they don't care about employee. They are taking care of 1rs not even pay the tea bill, don't join the swastika gives you lots of fake commitment.

Dislikes

They paying on variable pays, but they won't agree when you are going to join. Not even pay the full n final after 5yrs of service.

Salary - Bad

+6 more

Finance Executive in Indore

Full Time

Risk Management & Compliance Department

2.0

• posted on 01 Feb 2025

2.0

for Salary and Benefits

Likes

Job security

Skill development - Good

+2 more

Dislikes

Deduction of salary of employees is a common practice here even if you leave an hour before the designated 9 hours shift... They just want you to sit in the office in 9 hours even if you do nothing

Salary - Poor

+2 more

Product Manager in Bhopal

Full Time

Product Management Department

1.0

• posted on 20 Jun 2024

1.0

for Salary and Benefits

Likes

Flexible Timing

Dislikes

If you want to be secure at Swastika you don't need to excel in work. But you had to be close to Nyati Family, through this you can get any designation and salary. And you don't need to do any thing. Example is HArshit Rungta(CPO), he don't do any except staying in cabin. He never visit field or ananlyse competitor product for bring innovative product. He don't do have any knoweldge. Before CPO he was HR manager and directly he got promotion to CPO. Most time you can find him clueless about product feature and compliance. Another example is Sivani Nyati, who has 1 year of experience but having more than 10 year of experienced employee Santosh Meena is reporting to her. Another example Kritika Nyati, after visiting trading appliaction you can judge her skill youself, who is again design head. Marketing head, Anita Nyato, she had no expereince in Digital Marketing, she don't have any knowledge, but 5+ years experience guy in Digital Marketing guy is reporting to her. If you hadn't understood why its deep rooted nepotism. It's because salary should be in house.

Salary - Bad

+6 more

RMS Executive in Indore

Finance & Accounting Department

4.0

• posted on 22 Nov 2019

2.0

for Salary and Benefits

Likes

As careerwise it is great company for learning and growing. They give chance to freshers that is best thing about these company. Work environment is very positive. Cultural and physical Activities made by company are also very good part of this company.

Skill development - Excellent

+4 more

Dislikes

There is only one problem i.e. salary of employees. They can not pay according to work and positions.

Salary - Poor

Application Developer in Indore

Engineering - Software & QA Department

5.0

• posted on 11 Oct 2019

5.0

for Salary and Benefits

Likes

Swastika gives the fully development environment, time balance with family, salary on time, no politics.

Salary - Excellent

+6 more

Dislikes

Company base work culture is not IT so for work in technology department they need some improvement in management level.

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Salary Discussions, Hike & Promotions

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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Swastika Investmart Sales Manager Salary FAQs

What is the salary of Sales Manager at Swastika Investmart in Indore?

The average salary of a Sales Manager at Swastika Investmart in Indore typically ranges from ₹2.9 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Sales Manager in Indore at Swastika Investmart earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Sales Manager Salaries at Swastika Investmart 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+ Swastika Investmart employees in India.

What is the estimated take home salary of a Sales Manager at Swastika Investmart in Indore?

The estimated take-home salary of a Sales Manager at Swastika Investmart in Indore typically ranges from ₹28,447 to ₹29,834 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 2 years 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 10+ salaries received from various employees of Swastika Investmart. 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 Swastika Investmart in Indore?

To be a Sales Manager at Swastika Investmart in Indore, the key skills required include:

- Relationship Management
- stock broking
- HNI Client Handling
- Revenue Generation
- Team Handling

These skills are highly valued at Swastika Investmart and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Swastika Investmart for Sales Manager in India?

Axis Bank	₹3.0 Lakhs to ₹13.1 Lakhs per year
HDFC Bank	₹3.5 Lakhs to ₹12.7 Lakhs per year
Tata Capital	₹4.5 Lakhs to ₹9.9 Lakhs per year
Kotak Mahindra Bank	₹1.8 Lakhs to ₹9.5 Lakhs per year
Bajaj Allianz General Insurance	₹3.0 Lakhs to ₹6.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Swastika Investmart, depending on the role and experience level.

How the salary growth look like for a Sales Manager at Swastika Investmart in Indore?

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

Experience	Average Salary Range
2 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹2.9 Lakhs to ₹4.2 Lakhs per year
5 years	₹4.0 Lakhs to ₹5.2 Lakhs per year

and so on.

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Swastika Investmart Sales Manager Salaries in Indore

Swastika Investmart Sales Manager salary in Indore ranges between ₹2.9 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Swastika Investmart latest salaries received from various employees of Swastika Investmart.