Store Manager Salary in India

₹5,49,800
per year
per month
₹45,815
per month
per year
Bonus
₹25,600/year
Commission
₹48,700/year
Profit Sharing
₹28,730/year
Bonus
₹2,130/month
Commission
₹4,060/month
Profit Sharing
₹2,390/month

Store Manager - Average Salary

The average salary for a Store Manager is ₹5,49,800 per year (₹45,815 per month), which is ₹1,62,300 (+42%) higher than the national average salary in India.
A Store Manager can expect an average starting salary of ₹2,20,500. The highest salaries can exceed ₹13,00,000.
₹2,20,500
Low
₹5,49,800
Average
₹13,00,000
High
₹18,375
Low
₹45,815
Average
₹1,08,335
High
Total compensation includes salary, bonus, commission and profit sharing.
₹1,980
₹9,83,200
₹19,68,430
Base Salary₹2,20,500 - 13,00,000
Bonus₹3,240 - 1,87,600
Commission₹1,980 - 2,98,530
Profit Sharing₹4,210 - 1,82,300
Total Compensation₹2,29,930 - 19,68,430
₹160
₹81,940
₹1,64,035
Base Salary₹18,375 - 1,08,335
Bonus₹270 - 15,630
Commission₹160 - 24,880
Profit Sharing₹350 - 15,190
Total Compensation₹19,155 - 1,64,035

Store Manager Salary Range

Low
₹2,20,500
Average
₹5,49,800
Senior
₹8,13,700
High
₹13,00,000
Low
₹18,375
Average
₹45,815
Senior
₹67,810
High
₹1,08,335
Among store managers, Junior Store Managers tend to have the lowest salaries, while more experienced workers like Senior Retail Store Managers enjoy the highest salaries.

Store Manager - Salary Differences

JobSalaryDifference
Senior Retail Store Manager₹814K/year
+48% 
Luxury Retail Store Manager₹665K/year
+21% 
Optical Store Manager₹539K/year
 -2%
Junior Store Manager₹352K/year
 -36%

Store Manager - Pay by Experience Level

An Entry Level Store Manager with less than three years of experience can expect to earn an average total compensation of ₹2,29,930. A mid career Store Manager with 4-9 years of experience earns an average total compensation of ₹4,97,800, while a Senior Store Manager with 10-20 years of experience makes on average ₹8,13,700. Store Managers with more than 20 years of experience earn ₹9,68,300 on average.

How Work Experience Affects the Salary of a Store Manager

Late Career▲ +76%
Senior▲ +48%
Average Salary₹5,49,800/year
Mid Career▼ -9%
Entry Level▼ -58%

Gender Breakdown

Female
14%
Male
86%

Store Manager - Jobs by Location

Store Manager - Related Salaries

The salary information presented on this page is based on all Store Manager jobs published on Jobted in the last 12 months.
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Frequently asked questions about the salary of the Store Manager

How much does a Store Manager make in India?
A Store Manager in India earns an average of ₹5,49,800 gross per year, which is about ₹45,815 net per month. Everything you need to know about the salary of the Store Manager updated to 2022.
What is the starting salary for a Store Manager in India?
The starting salary of a Store Manager in India is around ₹2,20,500 gross per year. Junior Store Managers usually have a lower salary.
What is the highest salary for a Store Manager in India?
The highest salary of a Store Manager in India can reach and exceed ₹13,00,000 gross per year. Senior Retail Store Managers usually have the highest salaries.
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