Upload Button Icon Add office photos

Bank of India

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Bank of India Business Development Manager salaries in India

Annual salary range
2 - 7 years exp.
₹5 Lakhs - ₹10 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

6% more than the average Business Development Manager Salary in Banking Companies for 2 - 7 years of experience

Interested in this particular role?

Last Updated: 7 Sep 2024

Companies similar to Bank of India for Business Development Manager

Company name Avg Annual Salary Open Jobs
Logo
unlock blur

₹1.7 L/yr - ₹5.5 L/yr

arrow icon 53% less
11 job openings
unlock blur

₹3.5 L/yr - ₹11.6 L/yr

arrow icon 2% more
Logo
HDFC Bank Business Development Manager Salary

1 - 14 years exp. (125 salaries)

unlock blur

₹2 L/yr - ₹10.5 L/yr

arrow icon 24% less
3 job openings
unlock blur

₹1.9 L/yr - ₹9.2 L/yr

arrow icon 28% less
3 job openings
Logo
ICICI Bank Business Development Manager Salary

0 - 8 years exp. (124 salaries)

unlock blur

₹2 L/yr - ₹7.1 L/yr

arrow icon 16% less
Logo
Axis Bank Business Development Manager Salary

0 - 10 years exp. (125 salaries)

unlock blur

₹1.6 L/yr - ₹6.5 L/yr

arrow icon 50% less
unlock blur

₹2.1 L/yr - ₹5 L/yr

arrow icon 62% less
unlock blur

₹1.5 L/yr - ₹8 L/yr

arrow icon 40% less
unlock blur

₹2 L/yr - ₹4.2 L/yr

arrow icon 63% less
unlock blur

₹2.5 L/yr - ₹7 L/yr

arrow icon 54% less
Logo
Yes Bank Business Development Manager Salary

3 - 6 years exp. (11 salaries)

unlock blur

₹4 L/yr - ₹10 L/yr

arrow icon 35% less
unlock blur

₹2 L/yr - ₹6 L/yr

arrow icon 47% less
unlock blur

₹3 L/yr - ₹5.5 L/yr

arrow icon 52% less
unlock blur

₹1.8 L/yr - ₹5 L/yr

arrow icon 52% less
Logo
unlock blur

₹2 L/yr - ₹4.2 L/yr

arrow icon 59% less
Logo
Barclays Business Development Manager Salary

1 - 11 years exp. (4 salaries)

unlock blur

₹7.5 L/yr - ₹17 L/yr

arrow icon 30% more
unlock blur

₹3.5 L/yr - ₹4 L/yr

arrow icon 54% less
unlock blur

₹8 L/yr - ₹57.8 L/yr

arrow icon 288% more
Logo
unlock blur

₹2.7 L/yr - ₹7 L/yr

arrow icon 31% less
unlock blur

₹11 L/yr - ₹13.3 L/yr

arrow icon 57% more
View all
Business Development Manager salary at Bank of India ranges between ₹5 Lakhs to ₹10 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of India.

Latest annual salaries shared by Bank of India Business Development Manager

4mo ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
4 years exp.

Experience wise Bank of India Business Development Manager salaries

Last Updated: 7 Sep 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹5.8 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹8.1 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in Bank of India

unlock blur
₹11.3 L/yr - ₹14.4 L/yr
unlock blur
₹1.1 L/yr - ₹3.5 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹18 L/yr - ₹23 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹0.2 L/yr - ₹0.2 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹5 L/yr - ₹6.3 L/yr
Deputy Manager Salary
(4 salaries)
unlock blur
₹3 L/yr - ₹16 L/yr
Store Manager Salary
(AmbitionBox Estimate)
unlock blur
₹8.8 L/yr - ₹11.3 L/yr
Branch Manager Salary
(80 salaries)
unlock blur
₹6.5 L/yr - ₹22 L/yr
unlock blur
₹8 L/yr - ₹15 L/yr
unlock blur
₹3.65 L/yr - ₹10.78 L/yr

Salary related reviews for Bank of India

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 05 Oct 2024

1.0
 for  Salary and Benefits

Likes

Only the thing is that you get salary on time and there is a provision of reimbursement....

read more

Dislikes

- Higher management does not know what marketing actually is on the field. The people, who are generalist and sitting at medium and top level management actually think that Marketing Officers are one who must not only grab the business but also generate it, which is not at all possible because conversion of leads into business depends on various factors and there are various stakeholders for this. Hence, conversion of leads into business cannot happen till the time everybody works as cooperative team member. - This is door to door sales job, various people opt this job by looking at false ratings of this profile on social media platforms managed by higher management. Also candidates who join this bank are optimistic at entry stage as they get selected after huge efforts through IBPS and get trapped after entering into this bank and at this profile. - General Banking Staff is jealous of Marketing Staff as they get additional petrol reimbursement due to their marketing efforts. - High level politics within bank. People who are in association of officers are like closed knit people of certain people in management and they only help those employees who can do flattery at extream level. - If you raise your voice on any legitimate issue, you would be targeted by management. - There are ghigh possibility of frequent transfers as transfer policy does not apply to Marketing Officers. - The standard operating procedure within the bank is not at all systematic. - Motivation or credit is not commensurate to efforts given by Marketing Officers, - There is absence of career path for Marketing Officers as they only can get promotions on Merit based channel and not on Seniority Based Channel. Once marketing officer reaches scale IV, he/she will have to opt for conversion to General Banking Stream. But there are very less opportunities for getting conversions. - Unlike specialist officers of other streams, Marketing Officers face huge hardships which include cold responses from customers as well as management. They seldomely are provided good place to even sit at various branches/offices of Bank Of India.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 16 Oct 2023

3.0
 for  Salary and Benefits

Likes

There is job security, salary is ok I guess Other than that I can't think of anything else

read more
  • Job security - Excellent

Dislikes

Management doesn't know what goes on ground level, they keep making new policy which are against the benefits of employees, no coordination between different level management. I give you a example, there used be inter zone transfer every year but it hasn't happened in the last three year. I think I can go on and on.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 29 Nov 2023

2.0
 for  Salary and Benefits

Likes

Pay and package is good, connectivity is good. Leave, reimbursement, training, nearby posting,

read more
  • Job security - Excellent

Dislikes

Rude behaviour of some staff. Rude customers. More rural branches. Less importance to staff benefits. Lot of traveling due to far postings. Claims unsettled. Boring workplace. Hr not responsive.toxic work environment due to politics.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 22 Aug 2022

3.0
 for  Salary and Benefits

Likes

Only job security

  • Job security - Excellent
  • +1 more

Dislikes

...f you don't have any jack then you will be getting transfers every now and then. "Jo kam karta he usko aur jo kam bilkul nahi karta" salary sab ko equal he.. shayad jo kam thik se nai karta usko pareshan nahi karenge because wo kuch karega nahi

read more
  • Work satisfaction - Poor
  • +2 more

Full Time

 · 

Product Management Department

4.0
  •  posted on 08 Mar 2024

3.0
 for  Salary and Benefits

Likes

Like a typical govt bank it offers 100% job security. Decent salary. If you own then you will get to lead projects end to end. Other govt perks and benefits are unparalleled.

read more
  • Job security - Excellent

Dislikes

Sarkari culture. Sluggish work pace. Nepotism and politics. Late sitting for no reason just to appease bosses.

  • Promotions - Poor
  • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Bank of India Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at Bank of India in India?
The salary growth for a Business Development Manager at Bank of India depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Bank of India:

Experience Average Salary Range
2 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
4 years ₹8.1 Lakhs to ₹10.3 Lakhs per year
7 years ₹9.0 Lakhs to ₹11.5 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of India Business Development Manager salary in India ranges between ₹5 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Bank of India latest salaries received from various employees of Bank of India.