BNY Chennai Development Manager Salaries by 10+ Employees (Updated 2025)

11 - 19 years exp.

₹15 Lakhs - ₹41 Lakhs

Salary of majority employees

229% more than the average Development Manager Salary in Financial Services Companies for 11 - 19 years of experience

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Salaries in different departments

Project & Program Management Development Manager Salary 11 - 14 years exp. (10 salaries)	₹15 L/yr - ₹30 L/yr
Engineering - Software & QA Development Manager Salary 14 - 19 years exp. (3 salaries)	₹20 L/yr - ₹41 L/yr
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Product Management Development Manager Salary 14 - 17 years exp. (3 salaries)	₹23 L/yr - ₹27 L/yr
Engineering - Hardware & Networks Development Manager Salary 15 - 16 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹30 L/yr

Last Updated: 26 Feb 2025

Companies similar to BNY for Development Manager in Chennai

BNY Development Manager Salary

11 - 19 years exp. (18 salaries)

₹15 L/yr - ₹41 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Development Manager Salary 8 - 17 years exp. (67 salaries)	₹16.1 L/yr - ₹40 L/yr 4% more
SBI Life Insurance Company Development Manager Salary 0 - 11 years exp. (27 salaries)	₹1.8 L/yr - ₹4.5 L/yr 88% less	2 job openings
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NatWest Group Development Manager Salary 6 - 18 years exp. (17 salaries)	₹13 L/yr - ₹34.8 L/yr 5% less
Edelweiss Life Insurance Development Manager Salary 2 - 9 years exp. (11 salaries)	₹2.2 L/yr - ₹4 L/yr 88% less	5 job openings
FIS Development Manager Salary 13 - 17 years exp. (10 salaries)	₹21.1 L/yr - ₹34.9 L/yr 11% more

Development Manager salary at BNY ranges between ₹15 Lakhs to ₹41 Lakhs per year for employees with experience between 11 years to 19 years. Salary estimates are based on 18 latest salaries received from various employees of BNY.

Experience wise BNY Development Manager salaries in Chennai

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹15 L/yr
12 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹17.5 L/yr
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13 years (3 salaries)	₹18 L/yr - ₹25 L/yr
14 years (7 salaries)	₹20 L/yr - ₹30 L/yr
15+ years (5 salaries)	₹27 L/yr - ₹41 L/yr

Similar Designation salaries in BNY

Project Manager Salary

(28 salaries)

₹11.5 L/yr - ₹32 L/yr

Scrum Master Salary

(7 salaries)

₹11 L/yr - ₹28 L/yr

Technical Project Manager Salary

(5 salaries)

₹21 L/yr - ₹30 L/yr

Program Manager Salary

(4 salaries)

₹23.57 L/yr - ₹40 L/yr

Senior Project Manager Salary

(3 salaries)

₹18 L/yr - ₹32.85 L/yr

Software Development Manager Salary

(3 salaries)

₹18.5 L/yr - ₹38.7 L/yr

Product Manager Salary

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₹19 L/yr - ₹40 L/yr

Salary related reviews for BNY

Technical Lead in Chennai

Full Time

IT & Information Security Department

1.0

• posted on 21 Dec 2024

1.0

for Salary and Benefits

Likes

only monthly salary.

Dislikes

no consideration of long term employees. work overload, unnecessary expenses for managers and infrastructure but no seat for employees to sit. domination, partiality, unnecessary meetings panicking employees, no proper requirement sharing, not giving time for analysis,always giving tests for employees, too many prod issues, over time weekend supports with no it. no hike, always low rating, micro management etc

Salary - Bad

+6 more

Technical Lead in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 30 Apr 2022

4.0

for Salary and Benefits

Likes

... good annual hikes, bonuses and annual gifts. 42 leaves, nice medical policy. Employer retiral contribution is separate from the CTC, hence whole CTC comes as in hand salary. It provides company sponsored accesses to learning sites like udemy, plural sites and certification courses. Work life balance is good. Free tea coffee and evening snack.

Salary - Good

+5 more

Dislikes

No or very less chances to travel onshore.

Technical Lead in Pune

Engineering - Software & QA Department

4.0

• posted on 05 Oct 2021

3.0

for Salary and Benefits

Likes

The work-life balance is very good. The salary is average. The company policies are transparent and management is generally healthy. The company promotes learning and updating skills of its employees

Job security - Excellent

+2 more

Dislikes

Work is derived from New york team. Hence not that much to learn. Appraisals are below average.

Senior Software Engineer in Chennai

Engineering - Software & QA Department

4.0

• posted on 25 Oct 2021

5.0

for Salary and Benefits

Likes

Good benefits Culture now is changing. For incoming persons they pay fairly now

Salary - Excellent

+4 more

Dislikes

promotion/pay comes with age and not skills. There are managers still out of trend and still deal with old way of working

Technical Lead in Pune

Engineering - Software & QA Department

4.0

• posted on 26 Mar 2018

4.0

for Salary and Benefits

Likes

1. The best part - work life balance. 2. Ample opportunities to grow in your career. They have good educational programs to continue your post graduation and have tie ups with ISB for data analytics , IIT / BITS pilani etc. 3. Good company culture to respect person life commitments. 4. Beautiful infrastructure - you feel like working in Google premises after entering in your office. 5. Safer in terms of job compared to other captives.

Salary - Good

+6 more

Dislikes

...compared to other investment bank captive. 2. No / Less onsite opportunities. 3. Annual salary hike is lesser compared to other captives.

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BNY Development Manager Salary FAQs

What is the salary of Development Manager at BNY in Chennai?

The average salary of a Development Manager at BNY in Chennai typically ranges from ₹15.0 Lakhs to ₹41.0 Lakhs per year, depending on experience (from 11 years to 19 years).

The top 10% of Development Manager in Chennai at BNY earn more than ₹30.0 Lakhs per year, and the top 1% earn over ₹41.0 Lakhs per year. Development Manager Salaries at BNY 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 10+ BNY employees in India.

What is the estimated take home salary of a Development Manager at BNY in Chennai?

The estimated take-home salary of a Development Manager at BNY in Chennai typically ranges from ₹1,64,816 to ₹1,71,131 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹41.0 Lakhs per year for employees with experience ranging from 11 years to 19 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 10+ salaries received from various employees of BNY. Check how we calculate in-hand salary with our in-hand salary calculator.

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

FIS	₹21.1 Lakhs to ₹34.9 Lakhs per year
Standard Chartered	₹16.1 Lakhs to ₹40.0 Lakhs per year

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

What is the salary of a Development Manager in companies similar to BNY in Chennai?

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

NatWest Group	₹13.0 Lakhs to ₹34.8 Lakhs per year
SBI Life Insurance Company	₹1.8 Lakhs to ₹4.5 Lakhs per year
Edelweiss Life Insurance	₹2.2 Lakhs to ₹4.0 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 Development Manager at BNY in Chennai?

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

Experience	Average Salary Range
11 years	₹15.0 Lakhs to ₹15.0 Lakhs per year
12 years	₹15.2 Lakhs to ₹17.5 Lakhs per year
13 years	₹18.0 Lakhs to ₹25.0 Lakhs per year
14 years	₹20.0 Lakhs to ₹30.0 Lakhs per year

and so on.

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BNY Development Manager Salaries in Chennai

BNY Development Manager salary in Chennai ranges between ₹15 Lakhs to ₹41 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 BNY latest salaries received from various employees of BNY.