Alankit Business Development Manager Salaries by 6 Employees

3 - 14 years exp.

₹2 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Business Development Manager Salary in Financial Services Companies for 3 - 14 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 4 - 14 years exp. (3 salaries)	₹3 L/yr - ₹4.8 L/yr
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Administration & Facilities Business Development Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 13 Mar 2023

Companies similar to Alankit for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
SBI Cards & Payment Services Business Development Manager Salary 2 - 8 years exp. (62 salaries)	₹1.8 L/yr - ₹4.4 L/yr 22% less
National Stock Exchange of India Business Development Manager Salary 4 - 12 years exp. (20 salaries)	₹9 L/yr - ₹22 L/yr 376% more
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Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 2% more
ICICI Prudential Mutual Fund Business Development Manager Salary 2 - 10 years exp. (14 salaries)	₹4.8 L/yr - ₹14.3 L/yr 168% more
ICICI Securities Business Development Manager Salary 1 - 13 years exp. (12 salaries)	₹3.5 L/yr - ₹8 L/yr 85% more
Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 96% more
Pine Labs Business Development Manager Salary 2 - 6 years exp. (8 salaries)	₹4.5 L/yr - ₹13 L/yr 160% more
Sharekhan Business Development Manager Salary 2 - 9 years exp. (6 salaries)	₹6.1 L/yr - ₹11.8 L/yr 147% more
Franklin Templeton Investments Business Development Manager Salary 4 - 9 years exp. (6 salaries)	₹5.7 L/yr - ₹18 L/yr 205% more
ICICI Home Finance Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹10 L/yr - ₹18.9 L/yr 287% more
Bajaj Capital Business Development Manager Salary 2 - 12 years exp. (5 salaries)	₹2.5 L/yr - ₹6.2 L/yr 42% more
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Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 30% more
Pamac Finserve Business Development Manager Salary 0 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹6 L/yr 30% more
JM Financial Business Development Manager Salary 1 - 13 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 15% more
Nippon Life India Asset Management Business Development Manager Salary 3 - 15 years exp. (3 salaries)	₹2 L/yr - ₹21 L/yr 245% more	1 job opening

Business Development Manager salary at Alankit ranges between ₹2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Alankit.

Experience wise Alankit Business Development Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
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5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹2 L/yr - ₹7.1 L/yr
12 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
13 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
14 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Alankit

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Business Development Executive Salary

(41 salaries)

₹1.7 L/yr - ₹4 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹9.2 L/yr - ₹11.7 L/yr

Senior Business Development Executive Salary

(4 salaries)

₹2.1 L/yr - ₹3 L/yr

Senior Sales Manager Salary

(3 salaries)

₹11 L/yr - ₹15.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Deputy Manager Salary

(6 salaries)

₹3.75 L/yr - ₹6.9 L/yr

Regional Manager Salary

(8 salaries)

₹7 L/yr - ₹10 L/yr

Top skills at Alankit for Business Development Manager

Business Development Management Client Relationship Management Business Development Relationship Management corporate planning Business Development Management Activation Corporate Sales Franchisee Development Management Skills Client Relationship Management Franchise bde New Business Sales

Salary related reviews for Alankit

4.7

Rated by 5 employees for salary & benefits

Branch Manager in Guwahati

Full Time

CSR & Social Service Department

2.0

• posted on 09 Jan 2025

1.0

for Salary and Benefits

Likes

ALANKIT are not providing salary on time and they don't bother about the problem of staffs even nobody monitoring activity time to time and an well efficient candidate can learn various thing here as the staffs are independent.

Dislikes

Sr. Management and account departments are full with lots of junior staff and senior staffs are not staying here for long time due to unhealthy politics.

Salary - Bad

+2 more

Relationship Manager in Mumbai

Full Time

Other Department

1.0

• posted on 04 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing to like

Dislikes

... tax, ED charges on company. I'm Vikas pandey joined this company Mumbai branch. Salary always late. I have made complaint on this company for harassment, illegal termination, forcefully resignation, salary issues. Don't go ever

Salary - Bad

+6 more

Team Lead in New Delhi

Full Time

Engineering - Software & QA Department

1.0

• posted on 16 Sep 2023

1.0

for Salary and Benefits

Likes

Long hours and unrealistic expectations. No work-life balance." "Management is not supportive and does not provide clear direction. Lack of communication between departments." "Toxic work environment. Too much politics and gossip.

Dislikes

Cheating with salary.

Salary - Bad

+6 more

Business Development Executive in Pune

Tin-Pan Department

2.0

• posted on 10 Oct 2018

2.0

for Salary and Benefits

Likes

Salary comes on time or before time never getting late.

Dislikes

No job security and no co-ordination between head office and regional office and no clear decision making ability within staff and internal politics is ahead than overall mission and vision there is just praising and blindly following techniques if they are responsible for the bad image of the organization in the market and in mind of clients.

Salary - Poor

+6 more

Field Officer in Guwahati

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 11 Dec 2023

1.0

for Salary and Benefits

Likes

... under the Alankit assignment Limited,Guwahati, my project was good for the all. But they pending our salary, TA bill and also pending my increment bonuses till now.They say ow can i 5star like ??????

Dislikes

Pending salary .no job security, no yearly increment

Salary - Bad

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Alankit Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Alankit ?

The average salary of a Business Development Manager at Alankit in India typically ranges from ₹2.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Business Development Manager at Alankit earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Business Development Manager Salaries at Alankit 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 6 Alankit employees in India.

What is the estimated take home salary of a Business Development Manager at Alankit in India?

The estimated take-home salary of a Business Development Manager at Alankit in India typically ranges from ₹25,409 to ₹26,841 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 years to 14 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 6 salaries received from various employees of Alankit. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Alankit ?

To be a Business Development Manager at Alankit in india, the key skills required include:

- Business Development Management
- Client Relationship Management
- Business Development
- Relationship Management
- corporate planning

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

Which companies offer higher salaries than Alankit for Business Development Manager in India?

National Stock Exchange of India	₹9.0 Lakhs to ₹22.0 Lakhs per year
ICICI Home Finance	₹10.0 Lakhs to ₹18.9 Lakhs per year
Nippon Life India Asset Management	₹2.0 Lakhs to ₹21.0 Lakhs per year
Franklin Templeton Investments	₹5.7 Lakhs to ₹18.0 Lakhs per year
ICICI Prudential Mutual Fund	₹4.8 Lakhs to ₹14.3 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Alankit in India?

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

Pine Labs	₹4.5 Lakhs to ₹13.0 Lakhs per year
Sharekhan	₹6.1 Lakhs to ₹11.8 Lakhs per year
Axis Direct	₹4.9 Lakhs to ₹9.8 Lakhs per year
ICICI Securities	₹3.5 Lakhs to ₹8.0 Lakhs per year
Bajaj Capital	₹2.5 Lakhs to ₹6.2 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 Business Development Manager at Alankit in India?

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

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹4.5 Lakhs per year
4 years	₹1.1 Lakhs to ₹3.0 Lakhs per year
5 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
6 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Alankit Business Development Manager Salaries

Alankit Business Development Manager salary in India ranges between ₹2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Alankit latest salaries received from various employees of Alankit.