V2 Retail Department Manager Salaries by 10+ Employees (Updated 2025)

2 - 7 years exp.

₹1.6 Lakh - ₹3.7 Lakhs

Salary of majority employees

Fixed (96%)

₹2.3 Lakhs

Variable (4%)

₹0.1 Lakh

53% less than the average Department Manager Salary in Retail Companies for 2 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Department Manager Salary 4 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹3.7 L/yr
Sales & Business Development Department Manager Salary 3 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr
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Merchandising, Retail & eCommerce Department Manager Salary 5 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.7 L/yr
UX, Design & Architecture Department Manager Salary 3 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.5 L/yr

Last Updated: 10 Mar 2025

Companies similar to V2 Retail for Department Manager

Company name	Avg Annual Salary	Open Jobs
Future Retail Department Manager Salary 4 - 14 years exp. (297 salaries)	₹1.9 L/yr - ₹6.3 L/yr 65% more
Trent Department Manager Salary 0 - 13 years exp. (575 salaries)	₹2.1 L/yr - ₹5.5 L/yr 70% more	1 job opening
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Aditya Birla Fashion and Retail Department Manager Salary 0 - 13 years exp. (370 salaries)	₹2.5 L/yr - ₹5.5 L/yr 77% more
Shoppers Stop Department Manager Salary 0 - 13 years exp. (799 salaries)	₹3.4 L/yr - ₹7 L/yr 119% more	3 job openings
V-Mart Department Manager Salary 3 - 8 years exp. (34 salaries)	₹1.3 L/yr - ₹4.3 L/yr 5% more
Reliance Retail Department Manager Salary 0 - 16 years exp. (2.5k salaries)	₹2 L/yr - ₹6.3 L/yr 66% more	2 job openings
Pantaloons Department Manager Salary 1 - 10 years exp. (279 salaries)	₹1.9 L/yr - ₹5.5 L/yr 70% more
Tata Group Department Manager Salary 0 - 15 years exp. (17 salaries)	₹2.5 L/yr - ₹4.8 L/yr 70% more
Spencer's Retail Department Manager Salary 5 - 16 years exp. (33 salaries)	₹2 L/yr - ₹6.4 L/yr 78% more	1 job opening
Reliance Smart Department Manager Salary 0 - 9 years exp. (205 salaries)	₹1.9 L/yr - ₹4.5 L/yr 42% more
Baazar Retail Private Limited Department Manager Salary 2 - 8 years exp. (182 salaries)	₹1 L/yr - ₹3.5 L/yr 4% less
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Landmark Group Department Manager Salary 3 - 11 years exp. (143 salaries)	₹2.2 L/yr - ₹6 L/yr 56% more
Future Lifestyle Fashion Department Manager Salary 5 - 14 years exp. (132 salaries)	₹1.8 L/yr - ₹7.2 L/yr 91% more
Metro Cash & Carry Department Manager Salary 5 - 16 years exp. (102 salaries)	₹2.7 L/yr - ₹10.5 L/yr 193% more
Marks & Spencer Department Manager Salary 5 - 12 years exp. (87 salaries)	₹3.6 L/yr - ₹5.8 L/yr 85% more
Fabindia Department Manager Salary 4 - 11 years exp. (47 salaries)	₹3 L/yr - ₹4.8 L/yr 64% more
SPAR Hypermarkets Department Manager Salary 5 - 13 years exp. (26 salaries)	₹2.5 L/yr - ₹6 L/yr 95% more
Vijay Sales Department Manager Salary 8 - 13 years exp. (6 salaries)	₹3.2 L/yr - ₹4.2 L/yr 54% more
1 India Family Mart Department Manager Salary 4 - 8 years exp. (5 salaries)	₹1.8 L/yr - ₹2.2 L/yr 16% less
LuLu Group International Department Manager Salary 8 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹4 L/yr 52% more

Department Manager salary at V2 Retail ranges between ₹1.6 Lakh to ₹3.7 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 18 latest salaries received from various employees of V2 Retail.

Experience wise V2 Retail Department Manager salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
3 years (4 salaries)	₹1.7 L/yr - ₹3.2 L/yr
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4 years (4 salaries)	₹2 L/yr - ₹3.5 L/yr
5 years (4 salaries)	₹1.6 L/yr - ₹3.7 L/yr
6 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.7 L/yr
7 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

View all

Similar Designation salaries in V2 Retail

Deputy Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Operations Manager Salary

(6 salaries)

₹2.25 L/yr - ₹5.6 L/yr

Store Manager Salary

(168 salaries)

₹2.85 L/yr - ₹7 L/yr

Concept Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Sales Manager Salary

(6 salaries)

₹1 L/yr - ₹3.25 L/yr

Warehouse Manager Salary

(4 salaries)

₹2.2 L/yr - ₹3 L/yr

Floor Manager Salary

(154 salaries)

₹1.1 L/yr - ₹2.5 L/yr

Assistant Department Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Head Cashier Salary

(27 salaries)

₹1.06 L/yr - ₹2.5 L/yr

Team Lead Salary

(16 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Salary related reviews for V2 Retail

3.3

Rated by 14 employees for salary & benefits

Floor Manager in Guwahati

Full Time

Sales & Business Development Department

1.0

• posted on 10 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing to like.

Dislikes

...out their employee. They think they own them. So many work load to all employee. No salary in time. Some time no week of due to work load. This happens every month. Examples, every week you have a week off. But in v2 retail the manager can cancel your week off and force you to work. By the way manger take their off timely.if you tell about your off then manager will shout at you and force you to resign. So many office politics. Top management OF V2 RETAIL make youtube video about their success story. But cant see the pain of their employee. They thik their employees are their pet animal.You have to do overtime every day. If you are paying some emi. Then don't think to join.when you join they tell salary will come 3rd of month. But it will goes up to 8th or 9th.they don't cosider their LOBM(Sales man) as human.every time they threaten by manager to fire from job. Some time they cant get thei weekoff. In a month they may be get 1 or 2 off or may be 0.According to work load.If their is god i pray please give justice to this company worker. This company owner give interview to say his success story. He forget his human value after find success. He have zero simathy against his lower class employee. I would give -1000 rating if available

Salary - Bad

+6 more

Store Manager in Chhapra (working remotely)

Full Time

UX, Design & Architecture Department

4.0

• posted on 05 Feb 2024

2.0

for Salary and Benefits

Likes

1 TIMELY SALARY PROVIDE 2 WORKING TIME 3 LEARNING OPPORTUNITY 4 DEEP REPORT ANALYSIS

Work-life balance - Excellent

Dislikes

1 COMMON REPORT REQUIRED MANY TIME AS LIKE SYSTEM EXCEL AND SAME REQUIRED ON WHATSAPP 2. ANWANTED PRESURE FOR WORK 3 WITHOUT ANY PLAN REPORT SHARE AND STORE OPEN EARLY MORNING

Salary - Poor

+2 more

Store Manager in New Delhi

Full Time

Merchandising, Retail & eCommerce Department

2.0

• posted on 08 Jan 2024

2.0

for Salary and Benefits

Likes

Display Process that's it

Dislikes

...oesn't take feedback ,HR doesn't have power nor they have process of training. Company give Salary and INCENTIVE on the mood of MD & CEO. SCAMS HAPPENS

Salary - Poor

+6 more

Assistant Store Manager in New Delhi

Full Time

Merchandising, Retail & eCommerce Department

3.0

• posted on 25 Jun 2022

2.0

for Salary and Benefits

Likes

Good place to learn Excel reports

Skill development - Good

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but carreer growth is pathetic. On the job, training is not given to new joinees

Salary - Poor

+2 more

Floor Manager in Bhagalpur

Full Time

Floor manager Department

5.0

• posted on 19 Aug 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

see more salary related reviews

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V2 Retail Department Manager Salary FAQs

What is the salary of Department Manager at V2 Retail ?

The average salary of a Department Manager at V2 Retail in India typically ranges from ₹1.6 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Department Manager at V2 Retail earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Department Manager Salaries at V2 Retail 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+ V2 Retail employees in India.

What is the estimated take home salary of a Department Manager at V2 Retail in India?

The estimated take-home salary of a Department Manager at V2 Retail in India typically ranges from ₹16,959 to ₹18,667 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 2 years to 7 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 V2 Retail. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than V2 Retail for Department Manager in India?

Metro Cash & Carry	₹2.7 Lakhs to ₹10.5 Lakhs per year
Shoppers Stop	₹3.4 Lakhs to ₹7.0 Lakhs per year
SPAR Hypermarkets	₹2.5 Lakhs to ₹6.0 Lakhs per year
Future Lifestyle Fashion	₹1.8 Lakhs to ₹7.2 Lakhs per year
Marks & Spencer	₹3.6 Lakhs to ₹5.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by V2 Retail, depending on the role and experience level.

What is the salary of a Department Manager in companies similar to V2 Retail in India?

The salary of a Department Manager at companies similar to V2 Retail in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Spencer's Retail	₹2.0 Lakhs to ₹6.4 Lakhs per year
Aditya Birla Fashion and Retail	₹2.5 Lakhs to ₹5.5 Lakhs per year
Pantaloons	₹1.9 Lakhs to ₹5.5 Lakhs per year
Tata Group	₹2.5 Lakhs to ₹4.8 Lakhs per year
Trent	₹2.1 Lakhs to ₹5.5 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 Department Manager at V2 Retail in India?

The salary growth for a Department Manager at V2 Retail depends on factors such as experience, performance, and promotions. On average, a Department Manager can expect the following growth trajectory at V2 Retail:

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.7 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.0 Lakhs to ₹3.5 Lakhs per year
5 years	₹1.6 Lakhs to ₹3.7 Lakhs per year

and so on.

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V2 Retail Department Manager Salaries

V2 Retail Department Manager salary in India ranges between ₹1.6 Lakh to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 V2 Retail latest salaries received from various employees of V2 Retail.