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Federal Bank Business Development Manager salaries in India

Annual salary range
1 - 5 years exp.
₹11 Lakhs - ₹13.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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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)
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₹12 L/yr - ₹14.6 L/yr

Finance & Accounting
Business Development Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹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
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HDFC Bank Business Development Manager Salary

1 - 14 years exp. (128 salaries)

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₹2 L/yr - ₹10.4 L/yr

arrow icon 46% less
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ICICI Bank Business Development Manager Salary

0 - 8 years exp. (124 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 46% less
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Axis Bank Business Development Manager Salary

0 - 10 years exp. (126 salaries)

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₹1.4 L/yr - ₹6.5 L/yr

arrow icon 69% less
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₹2 L/yr - ₹6 L/yr

arrow icon 66% less
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₹1.5 L/yr - ₹8 L/yr

arrow icon 65% less
Logo
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₹1.8 L/yr - ₹5.3 L/yr

arrow icon 70% less
27 job openings
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Yes Bank Business Development Manager Salary

3 - 6 years exp. (12 salaries)

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₹3.5 L/yr - ₹10 L/yr

arrow icon 57% less
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₹2.1 L/yr - ₹5 L/yr

arrow icon 75% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 69% less
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₹3.4 L/yr - ₹11.5 L/yr

arrow icon 35% less
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₹2.5 L/yr - ₹8 L/yr

arrow icon 66% less
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₹5.8 L/yr - ₹10.1 L/yr

arrow icon 36% less
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₹2.5 L/yr - ₹7 L/yr

arrow icon 71% less
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₹2 L/yr - ₹4.2 L/yr

arrow icon 74% less
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₹3.5 L/yr - ₹4 L/yr

arrow icon 70% less
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₹2.4 L/yr - ₹3.8 L/yr

arrow icon 77% less
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₹2.7 L/yr - ₹7 L/yr

arrow icon 56% less
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₹2.4 L/yr - ₹4 L/yr

arrow icon 75% less
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₹12.5 L/yr - ₹30 L/yr

arrow icon 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.

Latest annual salaries shared by Federal Bank Business Development Manager

1y ago
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5 years exp.
1y ago
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4 years exp.
1y ago
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1 year exp.

Experience wise Federal Bank Business Development Manager salaries

Last Updated: 21 Dec 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.7 L/yr
4 years (AmbitionBox Estimate)

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₹12 L/yr - ₹15.3 L/yr
5 years (AmbitionBox Estimate)

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₹12 L/yr - ₹15.3 L/yr

Similar Designation salaries in Federal Bank

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₹10.8 L/yr - ₹13.8 L/yr
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₹2.8 L/yr - ₹3 L/yr
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₹3.25 L/yr - ₹8.38 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr
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₹7 L/yr - ₹14 L/yr
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₹11 L/yr - ₹26 L/yr
Deputy Manager Salary
(3 salaries)
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₹5.39 L/yr - ₹9.66 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr
Branch Manager Salary
(46 salaries)
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₹8.1 L/yr - ₹22 L/yr
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Salary related reviews for Federal Bank

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

read more

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

read more
  • Salary - Poor
  • +6 more

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.

read more
  • 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.

read more

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

read more
  • Skill development - Poor
  • +1 more

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

read more
  • Skill development - Bad
  • +4 more

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

read more
  • Work-life balance - Poor
see more salary related reviews

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