FRR Forex Mumbai Business Development Manager Salaries by Employees (Updated 2025)

Select experience

₹10.8 Lakhs - ₹13.8 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

Interested in this particular role?

Last Updated: 21 Mar 2025

Companies similar to FRR Forex for Business Development Manager in Mumbai

FRR Forex Business Development Manager Salary

10 years exp. (AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Business Development Manager Salary 4 - 12 years exp. (79 salaries)	₹3 L/yr - ₹11.8 L/yr 35% less
Square Yards Business Development Manager Salary 0 - 9 years exp. (66 salaries)	₹2 L/yr - ₹10.4 L/yr 49% less
Login to view exact salary
SBI Life Insurance Company Business Development Manager Salary 3 - 12 years exp. (61 salaries)	₹3 L/yr - ₹7 L/yr 56% less
Aditya Birla Sun Life Insurance Business Development Manager Salary 0 - 13 years exp. (26 salaries)	₹4.1 L/yr - ₹5 L/yr 63% less
Bajaj Allianz Life Insurance Business Development Manager Salary 1 - 10 years exp. (19 salaries)	₹3.7 L/yr - ₹5.5 L/yr 62% less	3 job openings
Udaan Business Development Manager Salary 4 - 10 years exp. (11 salaries)	₹2.3 L/yr - ₹8 L/yr 56% less
Equitas Small Finance Bank Business Development Manager Salary 3 - 9 years exp. (8 salaries)	₹3.2 L/yr - ₹8.5 L/yr 54% less	3 job openings
DCB Bank Business Development Manager Salary 2 - 9 years exp. (7 salaries)	₹3.1 L/yr - ₹6 L/yr 58% less
HDB Financial Services Business Development Manager Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.6 L/yr 78% less
Tata AIG Business Development Manager Salary 2 - 7 years exp. (5 salaries)	₹3.1 L/yr - ₹5.7 L/yr 61% less
Reliance Nippon Life Insurance Business Development Manager Salary 3 - 10 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 66% less
Login to view exact salary
Gallagher Business Development Manager Salary 4 - 14 years exp. (3 salaries)	₹10 L/yr - ₹10.8 L/yr 14% less

Business Development Manager salary at FRR Forex ranges between ₹10.8 Lakhs to ₹13.8 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of FRR Forex.

Similar Designation salaries in FRR Forex

Sales Executive Salary

(5 salaries)

₹2.15 L/yr - ₹4.5 L/yr

Assistant Sales Manager Salary

(5 salaries)

₹4.6 L/yr - ₹6.2 L/yr

Salary related reviews for FRR Forex

Sales Head in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 06 Mar 2019

1.0

for Salary and Benefits

Likes

The people at lower designations are more polite and respectful than the seniors. Otherwise nothing much to like here.

Dislikes

Senior Management is more like dictatorship.No job security.Head of HR is very rude.No scope for growth.The decisions of the company are actually in the hands of 5 to 6 people who have no Management skills.The company is actually not making profits.The process to hire people from reputed organisations is actually a scam as you will be fired before you complete 1 year. You will actually ruin your resume and carrer.Only yes man and people with lower salaries are retained in the company.would not recommend working in this company.

Salary - Bad

+6 more

Self Employed Professional in Gurgaon / Gurugram (working remotely)

Freelancer

Finance & Accounting Department

1.0

• posted on 26 Jan 2024

1.0

for Salary and Benefits

Likes

I lost all my money as well. I tried to withdraw some of my money but it was useless. After filling complaint with no response, I reach out to a reputable recovery personnel that has helped some victims in similar situations to get their money back. Reach out to her with mayacleverly at gmail . com

Dislikes

Run away

Salary - Bad

+6 more

Forex Trader in Gurgaon / Gurugram

Part Time

BFSI, Investments & Trading Department

1.0

• posted on 16 Apr 2023

2.0

for Salary and Benefits

Likes

I had a terrible experience working fffforex. Despite taking my money, they never paid out or even bother to reply queries. I tried to contact them multiple times, but I was met with silence. It’s been months now, and I’m still waiting for my payout. It’s a terrible service, I stop using Frr forex once I start withdrawing my profits from my investment on benarmstrong-trades as I find them more reliable. Either way I can’t recommend frr

Dislikes

They will take your money but will not fulfill their responsibilities

Salary - Poor

+6 more

Sales Executive in New Delhi

Business development Department

2.0

• posted on 11 Jan 2019

3.0

for Salary and Benefits

Likes

Upper Managemt are too good and always take care of their employees that I like the most.

Skill development - Good

Dislikes

Branch manager are too worst they even don't have a single quality of leader how to run and take care of your branch employees. And there is a growth for a person who is always buttering her but if you have any quality then it will be waste of knowledge and they don't even appreciate your work even a single time. So if you want to grow and don't like do buttering then it will not be good for you.

Job security - Poor

+2 more

Middle Management Trainee

BFSI, Investments & Trading Department

5.0

• posted on 07 Jan 2019

3.0

for Salary and Benefits

Likes

People are very supportive and always help you in everything , responsiveness is bit low. But yeah you will get a very great platform to learn.

Skill development - Excellent

+2 more

Dislikes

As I already mentioned responsiveness is bit low and that of with certain people only, otherwise everything is very good

Job security - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about FRR Forex?

Ask anonymously on communities.

FRR Forex Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at FRR Forex in Mumbai?

The salary growth for a Business Development Manager at FRR Forex 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 FRR Forex:

Experience	Average Salary Range
10 years	₹10.8 Lakhs to ₹13.8 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
FRR Forex Salaries >
FRR Forex Business Development Manager Salaries >
FRR Forex Business Development Manager Salaries in Mumbai

FRR Forex Business Development Manager salary in Mumbai ranges between ₹10.8 Lakhs to ₹13.8 Lakhs. This is an estimate based on latest salaries received from employees of FRR Forex.