Federal Bank Business Development Manager Salaries by 3 Employees (Updated 2025)

1 - 5 years exp.

₹11 Lakhs - ₹13.3 Lakhs

Low Confidence

Salary of majority employees

66% more than the average Business Development Manager Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹14.6 L/yr
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Finance & Accounting Business Development Manager Salary 1 year exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 21 Dec 2023

Companies similar to Federal Bank for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (126 salaries)	₹2 L/yr - ₹10.5 L/yr 55% less	1 job opening
ICICI Bank Business Development Manager Salary 1 - 10 years exp. (109 salaries)	₹2.1 L/yr - ₹9 L/yr 54% less
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Axis Bank Business Development Manager Salary 0 - 10 years exp. (119 salaries)	₹1.8 L/yr - ₹6.9 L/yr 68% less
State Bank of India Business Development Manager Salary 3 - 9 years exp. (10 salaries)	₹2 L/yr - ₹6 L/yr 67% less
Kotak Mahindra Bank Business Development Manager Salary 1 - 8 years exp. (39 salaries)	₹1.5 L/yr - ₹8 L/yr 67% less
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.4k salaries)	₹1.8 L/yr - ₹5.2 L/yr 70% less	48 job openings
Yes Bank Business Development Manager Salary 3 - 10 years exp. (19 salaries)	₹2.3 L/yr - ₹9.9 L/yr 56% less
IDFC FIRST Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	₹2.1 L/yr - ₹5.2 L/yr 76% less
Bandhan Bank Business Development Manager Salary 2 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹5 L/yr 69% less
Karur Vysya Bank Business Development Manager Salary 3 - 8 years exp. (122 salaries)	₹2.5 L/yr - ₹8.5 L/yr 65% less
Jana Small Finance Bank Business Development Manager Salary 0 - 14 years exp. (26 salaries)	₹1.8 L/yr - ₹5.7 L/yr 71% less
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City Union Bank Business Development Manager Salary 6 - 14 years exp. (20 salaries)	₹6.7 L/yr - ₹10.1 L/yr 33% less
IDBI Bank Business Development Manager Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 74% less
Ujjivan Small Finance Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 70% less
Utkarsh Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 77% less
Canara Bank Business Development Manager Salary 1 - 30 years exp. (3 salaries)	₹2.7 L/yr - ₹7 L/yr 56% less
Union Bank of India Business Development Manager Salary 3 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 79% less
Emirates NBD Business Development Manager Salary 10 - 11 years exp. (3 salaries)	₹12.5 L/yr - ₹30 L/yr 94% more

Business Development Manager salary at Federal Bank ranges between ₹11 Lakhs to ₹13.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Federal Bank.

Experience wise Federal Bank Business Development Manager salaries

Last Updated: 21 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
4 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr
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5 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.3 L/yr

Similar Designation salaries in Federal Bank

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Business Development Executive Salary

(6 salaries)

₹2.8 L/yr - ₹3 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹3.25 L/yr - ₹8.38 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.5 L/yr - ₹7 L/yr

Area Sales Manager Salary

(11 salaries)

₹5.76 L/yr - ₹12.5 L/yr

Territory Sales Manager Salary

(5 salaries)

₹11 L/yr - ₹26 L/yr

Deputy Manager Salary

(6 salaries)

₹4.5 L/yr - ₹13.8 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Branch Manager Salary

(44 salaries)

₹5.1 L/yr - ₹20 L/yr

Salary related reviews for Federal Bank

Sales Manager in Visakhapatnam

Full Time

Sales & Business Development Department

1.0

• posted on 25 Dec 2024

2.0

for Salary and Benefits

Likes

One small joke without infrom direct immediately reliving with last month salary also cut.... Total my bank career this organization worst feeling my carrer, Any one not joining this organization , if u join your career kollab

Dislikes

This organization without information direct immediately reliving and lost month salary also cut total my bank career this organization worst feeling my career, any one not joining this organization my suggestion

Salary - Poor

+6 more

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 29 May 2022

4.0

for Salary and Benefits

Likes

... 2. HR policies are favorable for employees. 3. Sales pressure is moderate. 4. Joining salary is one of the best in the industry.

Salary - Good

+3 more

Dislikes

1. Unclear process for business development. 2. Union culture, a hurdle in work culture. 3. Learning is confined. 4. No performance linked incentive & annual increments are peanuts.

Associate in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 24 Nov 2024

5.0

for Salary and Benefits

Likes

Pay scale is good, less Pressure,

Salary - Excellent

+3 more

Dislikes

Policy and sales pressure as someone who want to learn more about wealth management and investment, I'm stuck in log-in days this learning curve is bad some Officers are treating customer as it's late 90s where they can move customer from counter to counter and delay paper work, not realising that it is also affecting other's efficiency as well. last but not least Transfer policy, not able to move to a desired location even if Mutual agreement is there

Skill development - Poor

+1 more

Assistant Manager in Khambhalia

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary and perks are good

Job security - Good

Dislikes

and if talking about work life balance no such thing lies in Federal Bank. No one care about you if you're posted in rural branch you'll be like nothing for management. No one will talk about your career growth this is pathetic about federal bank

Skill development - Bad

+4 more

Assistant Manager Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 14 May 2024

5.0

for Salary and Benefits

Likes

Salary and other compensation reimbursement and job security

Salary - Excellent

+2 more

Dislikes

Work life balance is worst.. if sales is not your thing you wont get any credit for other operational work done by you. Banking is all about selling insurance products

Work-life balance - Poor

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Federal Bank Business Development Manager Salary FAQs

What is the notice period for Business Development Manager at Federal Bank?

According to AmbitionBox, 100% of the Federal Bank Business Development Managers reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Federal Bank Business Development Manager Salaries

Federal Bank Business Development Manager salary in India ranges between ₹11 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Federal Bank latest salaries received from various employees of Federal Bank.