Business Correspondent
Annual salary range
₹1 Lakh - ₹8.5 Lakhs
Very High Confidence 
Very High Confidence means the data is based on a large number of latest salaries.
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Filter salaries byBusiness Correspondent Salary in India (Updated 2025)
based on 366
latest salaries
• updated:
16 Mar 2025
Select an experience to get the exact salary
Salary of majority employees
Business Correspondent Salary in India ranges between ₹1 Lakh to ₹8.5 Lakhs for 1 year of experience to 8 years of experience. Salary estimates are based on 366 latest salaries received from Business Correspondent.
| Company Name | Avg. annual salary | Open Jobs |
|---|---|---|
1 -
12
yrs
exp.
(34 salaries)
|
₹1.3 L/yr - ₹4 L/yr | |
2 -
10
yrs
exp.
(20 salaries)
|
₹1.7 L/yr - ₹4.2 L/yr | |
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| ||
1 -
6
yrs
exp.
(12 salaries)
|
₹1.2 L/yr - ₹5.2 L/yr | |
0 -
10
yrs
exp.
(12 salaries)
|
₹1 L/yr - ₹4.5 L/yr | |
1 -
5
yrs
exp.
(11 salaries)
|
₹1 L/yr - ₹3 L/yr | |
1 -
5
yrs
exp.
(10 salaries)
|
₹4.5 L/yr - ₹19.9 L/yr | |
1 -
9
yrs
exp.
(10 salaries)
|
₹1.2 L/yr - ₹3 L/yr | |
0 -
6
yrs
exp.
(9 salaries)
|
₹1.5 L/yr - ₹3 L/yr | |
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| ||
1 -
3
yrs
exp.
(7 salaries)
|
₹2 L/yr - ₹3.2 L/yr | |
0 -
8
yrs
exp.
(7 salaries)
|
₹1.2 L/yr - ₹3 L/yr | |
Latest annual salaries shared by Business Correspondents
2d ago
Gramin Bank of Aryavart
Business Correspondent
5 years exp.
1w ago
District Co-operative Central Bank
Business Correspondent
3 years exp.
1w ago
Indian Overseas Bank
Business Correspondent
5 years exp.
2w ago
Gramin Bank of Aryavart
Business Correspondent
6 years exp.
3w ago
Credence Resource Management
Business Correspondent
2 years exp.
4w ago
Csc E Governance Services
Business Correspondent
2 years exp.
4w ago
State Bank of India
Business Correspondent
2 years exp.
1mo ago
VISION
Business Correspondent
3 years exp.
1mo ago
Canara Bank
Business Correspondent
1 year exp.
1mo ago
Punjab Gramin Bank
Business Correspondent
1 year exp.
View all latest salaries
Business Correspondent salaries by
| Years of experience | Avg. annual salary |
|---|---|
1
year
(50
salaries)
|  ₹1 L/yr - ₹4.5 L/yr |
2
years
(81
salaries)
| ₹1 L/yr - ₹8.5 L/yr |
Login to view exact salary
| |
3
years
(76
salaries)
| ₹0.3 L/yr - ₹11 L/yr |
4
years
(51
salaries)
| ₹0.6 L/yr - ₹8.3 L/yr |
5
years
(59
salaries)
| ₹1 L/yr - ₹11.6 L/yr |
View all salaries by experience
Similar Designation Salary
| Similar Designation | Avg. annual salary |
|---|---|
Sales Coordinator Salary
1 -
11
years
exp.
(31.4k salaries)
| ₹1.4 L/yr - ₹6 L/yr |
Business Development Manager Salary
2 -
14
years
exp.
(1L salaries)
| ₹2.7 L/yr - ₹17 L/yr |
Login to view exact salary
| |
Branch Sales Manager Salary
3 -
13
years
exp.
(9.4k salaries)
| ₹3.2 L/yr - ₹11 L/yr |
Sales Executive Salary
1 -
8
years
exp.
(1.7L salaries)
| ₹1.2 L/yr - ₹5.6 L/yr |
Sales Engineer Salary
1 -
8
years
exp.
(17k salaries)
| ₹1.9 L/yr - ₹9 L/yr |
View more similar designations
Salary related reviews by similar designations like Business Correspondent
Bank of Baroda
Senior Manager
• posted on 22 May 2023
Likes
Job security Brand image Opportunity to serve public particularly down trodden, weaker section of the society
- Job security - Excellent
Dislikes
Salary is not at par with central govt pay scale however as a psb employee, we are bound to contribute/implement all govt schemes at the grass root level. Thankless job
read more- Work satisfaction - Poor
+2 more
Bank of Baroda
Senior Manager
• posted on 12 May 2021
Likes
...agement is transparent.Company policies are good, better career than other bank. Appraisals are fair and good salary hume due to fast promotions.
read more- Salary - Excellent
+6 more
Dislikes
A few rural branches are at very remote places .
Bank of Baroda
Sales Executive
• posted on 12 Apr 2021
- Salary - Excellent
+6 more
Dislikes
Not that much I'm looking for change to improve my abilities
Bank of Baroda
Sales Executive
• posted on 29 Oct 2023
Likes
I like salary basis is true
- Skill development - Good
+1 more
Dislikes
I didn't like over time like Sunday's also getting a duty is bad that's it otherwise it is good
Bank of Baroda
Senior Manager
• posted on 25 Jun 2024
- Salary - Good
+1 more
Dislikes
Too much movement/transfers .no work life balance...no transparency
- Skill development - Poor
+1 more
Business Correspondent Salary By Locations
| Locations | Avg. annual salary |
|---|---|
Bangalore / Bengaluru
Business Correspondent
1 -
7
years
exp.
| ₹1.5 L/yr - ₹8.5 L/yr |
Mumbai
Business Correspondent
1 -
7
years
exp.
| ₹2.1 L/yr - ₹6.3 L/yr |
Login to view exact salary
| |
New Delhi
Business Correspondent
2 -
8
years
exp.
| ₹1.1 L/yr - ₹7.1 L/yr |
Hyderabad / Secunderabad
Business Correspondent
1 -
6
years
exp.
| ₹2 L/yr - ₹4 L/yr |
Chennai
Business Correspondent
1 -
6
years
exp.
| ₹1.5 L/yr - ₹3.6 L/yr |
View More
Business Correspondent Salary By Industries
| Industries | Avg. annual salary |
|---|---|
Financial Services Business Correspondent
1 -
8
years
exp.
| ₹1 L/yr - ₹5.4 L/yr |
Banking Business Correspondent
1 -
8
years
exp.
| ₹1.1 L/yr - ₹4 L/yr |
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| |
IT Services & Consulting Business Correspondent
1 -
6
years
exp.
| ₹1.2 L/yr - ₹6 L/yr |
Software Product Business Correspondent
1 -
6
years
exp.
| ₹1.2 L/yr - ₹35 L/yr |
Banking / Insurance / Accounting Business Correspondent
2 -
8
years
exp.
| ₹1.1 L/yr - ₹3.8 L/yr |
View More
Frequently Asked Questions (FAQS) about Business Correspondent Salaries
What is the salary of a Business Correspondent in India?
The salary of a Business Correspondent in India varies based on experience, location, company & Industry.
On average, Business Correspondent salaries ranges from ₹1.0 Lakhs to ₹8.5 Lakhs per year. Top companies and specialized roles may offer higher compensation.
The average starting salary is around ₹1.0 Lakhs to ₹8.5 Lakhs per year, with the highest salary reaching ₹1.5 Lakhs to ₹4.6 Lakhs per year. Salary estimates are based on 366 salaries received from various Business Correspondents across industries.
The average starting salary is around ₹1.0 Lakhs to ₹8.5 Lakhs per year, with the highest salary reaching ₹1.5 Lakhs to ₹4.6 Lakhs per year. Salary estimates are based on 366 salaries received from various Business Correspondents across industries.
What are the top paying cities for Business Correspondent in India?
The annual salary for Business Correspondent in India varies by location. Top paying cities for Business Correspondent are
Salary expectations for Business Correspondent may vary based on job roles, experience, and specific employer requirements.
| Business Correspondent Salary in Bangalore / Bengaluru | ₹1.5 Lakhs to ₹8.5 Lakhs per year |
| Business Correspondent Salary in Mumbai | ₹2.1 Lakhs to ₹6.3 Lakhs per year |
| Business Correspondent Salary in New Delhi | ₹1.1 Lakhs to ₹7.1 Lakhs per year |
| Business Correspondent Salary in Hyderabad / Secunderabad | ₹2.0 Lakhs to ₹4.0 Lakhs per year |
| Business Correspondent Salary in Chennai | ₹1.5 Lakhs to ₹3.6 Lakhs per year |
What are the top paying industries for Business Correspondent in India?
Top 5 paying Industries for Business Correspondent in India are:
| Business Correspondent Salary in Financial Services | ₹1.0 Lakhs to ₹5.4 Lakhs per year |
| Business Correspondent Salary in Banking | ₹1.1 Lakhs to ₹4.0 Lakhs per year |
| Business Correspondent Salary in IT Services & Consulting | ₹1.2 Lakhs to ₹6.0 Lakhs per year |
| Business Correspondent Salary in Software Product | ₹1.2 Lakhs to ₹35.0 Lakhs per year |
| Business Correspondent Salary in Banking / Insurance / Accounting | ₹1.1 Lakhs to ₹3.8 Lakhs per year |
How does experience affect salaries of a Business Correspondent in India?
Experience significantly impacts a Business Correspondent salary in India. Salaries increase with experience, as Business Correspondent take on more complex tasks, responsibilities, and leadership roles.
Business Correspondent salary at different experience level are as follows:
and so on.
| Experience | Average Salary Range |
|---|---|
| 1 year | ₹1.0 Lakhs to ₹4.5 Lakhs per year |
| 2 years | ₹1.0 Lakhs to ₹8.5 Lakhs per year |
| 3 years | ₹0.3 Lakhs to ₹11.0 Lakhs per year |
| 4 years | ₹0.6 Lakhs to ₹8.3 Lakhs per year |
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