Axis Direct Business Development Manager Salaries by 8 Employees (Updated 2025)

1 - 12 years exp.

₹4.9 Lakhs - ₹9.8 Lakhs

Low Confidence

Salary of majority employees

10% less than the average Business Development Manager Salary in Financial Services Companies for 1 - 12 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 9 - 12 years exp. (5 salaries)	₹5.9 L/yr - ₹9.8 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹7.3 L/yr

Last Updated: 24 Jan 2025

Companies similar to Axis Direct 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 60% less
Citicorp Business Development Manager Salary 1 - 11 years exp. (50 salaries)	₹9.3 L/yr - ₹36 L/yr 215% more
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American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 7% less
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 201% more	2 job openings
Reliance Capital Business Development Manager Salary 0 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 47% less
TMF Group Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 56% less

Business Development Manager salary at Axis Direct ranges between ₹4.9 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 8 latest salaries received from various employees of Axis Direct.

Experience wise Axis Direct Business Development Manager salaries

Last Updated: 24 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹11 L/yr
2 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
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3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹11.4 L/yr
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
9 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹9.8 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹12.8 L/yr

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Similar Designation salaries in Axis Direct

Business Development Associate Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Business Development Executive Salary

(31 salaries)

₹1.15 L/yr - ₹3 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.3 L/yr - ₹5.25 L/yr

Senior Business Development Executive Salary

(5 salaries)

₹1.9 L/yr - ₹2.1 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹9.4 L/yr - ₹12 L/yr

Area Sales Manager Salary

(3 salaries)

₹2.5 L/yr - ₹9 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Deputy Manager Salary

(129 salaries)

₹3.45 L/yr - ₹12 L/yr

Regional Manager Salary

(6 salaries)

₹10 L/yr - ₹23.1 L/yr

Branch Manager Salary

(22 salaries)

₹5.75 L/yr - ₹15 L/yr

Top skills at Axis Direct for Business Development Manager

Franchisee Development demat Equity Channel Partners Revenue Generation Business Development Commodities B2B Sales Business Development Management Franchise New Client Acquisition Relationship Management Interpersonal Skills Networking Sales Training

Salary related reviews for Axis Direct

5.0

Rated by 2 employees for salary & benefits

Sales Executive in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

4.0

• posted on 20 Sep 2023

3.0

for Salary and Benefits

Likes

I have worked in credit card department there is a target if we did more cards we used to get Incentives that is the only thing I like in axis

Skill development - Good

+4 more

Dislikes

For experience employees also they offer only 15000 salary per month.

Sales Executive in Nashik

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 Sep 2018

3.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that markets reliable, high-quality products.

Skill development - Good

+1 more

Dislikes

Compensation is decent, but growth is slow. The work pressure is very high. Sometimes, I have to work 10-12 hours straight in a day as I have to attend client calls in the evening.

Sales Officer in Mumbai

Axis Bank Department

3.0

• posted on 24 Apr 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive and the management is transparent.

Salary - Excellent

+5 more

Dislikes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth

Sales Executive in Lucknow

Sales Department

3.0

• posted on 24 Dec 2018

3.0

for Salary and Benefits

Likes

It's a good start your career in this sector.

Skill development - Good

+2 more

Dislikes

A lot of work pressure is here , so I don't suggest anyone to join . If we talk about career growth then it is very very slow and same as with your salary even .

Work satisfaction - Poor

+1 more

Sales Executive in Kolkata

Sales Department

2.0

• posted on 27 Mar 2018

1.0

for Salary and Benefits

Likes

It's terrible to work with AXIS SECURITIES LTD. as there has no such comfort & opportunity to work with. Also, there is no growth opportunity of career.

Dislikes

Compensation is not up to the mark. The work pressure is very high. Sometimes, I have to work 12-14 hours straight in a day as I have to attend client calls in the evening and sometimes late into the night. Though the work is much tuff but the managers didn't appreciate or satisfy as they demand more. Also, there is no on job training for the freshers.

Salary - Bad

+5 more

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Axis Direct Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Axis Direct ?

The average salary of a Business Development Manager at Axis Direct in India typically ranges from ₹4.9 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 1 year to 12 years).

The top 10% of Business Development Manager at Axis Direct earn more than ₹9.1 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Business Development Manager Salaries at Axis Direct 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 8 Axis Direct employees in India.

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

The estimated take-home salary of a Business Development Manager at Axis Direct in India typically ranges from ₹52,338 to ₹53,571 per month. This is based on the average salary range of ₹4.9 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 1 year to 12 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 8 salaries received from various employees of Axis Direct. 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 Axis Direct ?

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

- Franchisee Development
- demat
- Equity
- Channel Partners
- Revenue Generation

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

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

Citicorp	₹9.3 Lakhs to ₹36.0 Lakhs per year
HSBC Group	₹12.0 Lakhs to ₹35.0 Lakhs per year

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

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

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

American Express	₹3.0 Lakhs to ₹9.0 Lakhs per year
Reliance Capital	₹3.2 Lakhs to ₹3.9 Lakhs per year
TMF Group	₹2.0 Lakhs to ₹3.8 Lakhs per year
SBI Cards & Payment Services	₹1.8 Lakhs to ₹4.4 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 Axis Direct in India?

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

Experience	Average Salary Range
1 year	₹5.0 Lakhs to ₹11.0 Lakhs per year
2 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
3 years	₹4.9 Lakhs to ₹11.4 Lakhs per year
4 years	₹5.8 Lakhs to ₹7.4 Lakhs per year

and so on.

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Axis Direct Business Development Manager Salaries

Axis Direct Business Development Manager salary in India ranges between ₹4.9 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Axis Direct latest salaries received from various employees of Axis Direct.