Axis Direct Business Development Manager Salaries by 6 Employees (Updated 2024)

1 - 12 years exp.

₹5 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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Last Updated: 18 Jun 2024

Companies similar to Axis Direct for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Direct Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.2 L/yr - ₹4.8 L/yr 54% less
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 57% less
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Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 31% less
Sharekhan Business Development Manager Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹11.8 L/yr 2% less
Angel One Business Development Manager Salary 1 - 10 years exp. (165 salaries)	₹2 L/yr - ₹6.6 L/yr 38% less	1 job opening
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 47% less
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (14 salaries)	₹2.3 L/yr - ₹7.3 L/yr 43% less
IIFL Securities Business Development Manager Salary 0 - 6 years exp. (45 salaries)	₹2.6 L/yr - ₹6 L/yr 44% less
Motilal Oswal Financial Services Business Development Manager Salary 2 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹9 L/yr 21% less
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 6% less
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 205% more
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Aon Business Development Manager Salary 1 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 48% more

Business Development Manager salary at Axis Direct ranges between ₹5 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Axis Direct.

Experience wise Axis Direct Business Development Manager salaries

Last Updated: 18 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹11 L/yr
2 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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3 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 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)	₹6.2 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹12.6 L/yr

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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

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.

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.

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.

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 .

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.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Axis Direct Business Development Manager Salary FAQs

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

Business Development Manager salary at Axis Direct in India ranges between ₹5.0 Lakhs to ₹9.8 Lakhs for experience between 1 years to 12 years. According to our estimates it is 10% less than the average Business Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Axis Direct India.

How does the salary of a Business Development Manager at Axis Direct India compare with the average salary range for this job?

The average salary of a Business Development Manager at Axis Direct is 10% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Axis Direct?

Franchisee Development, demat, Equity, Channel Partners and Revenue Generation are some of the popular skills required to work as a Business Development Manager at Axis Direct India.

Which similar companies are paying more than Axis Direct to a Business Development Manager in India?

HSBC Group Business Development Manager Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Aon Business Development Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year

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

Sharekhan Business Development Manager Salary - ₹2.5 Lakhs to ₹11.8 Lakhs per year
American Express Business Development Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Financial Services Business Development Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
Kotak Securities Business Development Manager Salary - ₹3.1 Lakhs to ₹5.2 Lakhs per year
Angel One Business Development Manager Salary - ₹2.0 Lakhs to ₹6.6 Lakhs per year

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 ranges between ₹51,676 per month to ₹52,894 per month in India. The take-home salary calculation is based on the average Axis Direct Business Development Manager salary in India which ranges between ₹5.0 Lakhs to ₹9.8 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Axis Direct?

According to AmbitionBox, 70% of the Axis Direct Business Development Managers reported a notice period of 1 Month, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Axis Direct Business Development Manager Salaries

Axis Direct Business Development Manager salary in India ranges between ₹5 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Axis Direct latest salaries received from various employees of Axis Direct.