Axis Direct Mumbai Business Development Manager Salaries by 2 Employees (Updated 2025)

3 - 7 years exp.

₹5.7 Lakhs - ₹7.3 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 24 Jan 2025

Companies similar to Axis Direct for Business Development Manager in Mumbai

Axis Direct Business Development Manager Salary

3 - 7 years exp. (AmbitionBox Estimate)

₹5.7 L/yr - ₹7.3 L/yr

Company name	Avg Annual Salary	Open Jobs
American Express Business Development Manager Salary 6 - 9 years exp. (8 salaries)	₹4 L/yr - ₹12 L/yr 8% more
Citicorp Business Development Manager Salary 2 - 10 years exp. (8 salaries)	₹11.2 L/yr - ₹36 L/yr 235% more
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HSBC Group Business Development Manager Salary 4 - 7 years exp. (3 salaries)	₹17 L/yr - ₹35 L/yr 268% more	2 job openings
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (194 salaries)	₹2 L/yr - ₹5 L/yr 41% less	208 job openings
HDFC Life Business Development Manager Salary 0 - 10 years exp. (190 salaries)	₹1.9 L/yr - ₹5 L/yr 42% less	11 job openings

Business Development Manager salary at Axis Direct ranges between ₹5.7 Lakhs to ₹7.3 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Axis Direct.

Similar Designation salaries in Axis Direct

Deputy Manager Salary

(67 salaries)

₹3.5 L/yr - ₹12 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

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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Axis Direct Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at Axis Direct in Mumbai?

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

Experience	Average Salary Range
3 years	₹5.2 Lakhs to ₹6.7 Lakhs per year
4 years	₹5.3 Lakhs to ₹6.8 Lakhs per year
5 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
6 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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Axis Direct Business Development Manager Salaries in Mumbai

Axis Direct Business Development Manager salary in Mumbai ranges between ₹5.7 Lakhs to ₹7.3 Lakhs. This is an estimate based on latest salaries received from employees of Axis Direct.