ICICI Merchant Service Business Development Executive Salaries by 4 Employees (Updated 2025)

4 - 6 years exp.

₹2.2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

27% less than the average Business Development Executive Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 26 Jul 2023

Companies similar to ICICI Merchant Service for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
North East Small Finance Bank Business Development Executive Salary 2 - 6 years exp. (155 salaries)	₹1.7 L/yr - ₹3.2 L/yr 20% less
South Indian Bank Business Development Executive Salary 0 - 6 years exp. (30 salaries)	₹1.8 L/yr - ₹3 L/yr 21% less
Login to view exact salary
First Abu Dhabi Bank Business Development Executive Salary 6 - 13 years exp. (7 salaries)	₹12.7 L/yr - ₹20 L/yr 420% more
Shivalik Small Finance Bank Business Development Executive Salary 3 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹3.5 L/yr 13% more
Baroda Global Shared Services Business Development Executive Salary 0 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 13% less
Capital Small Finance Bank Business Development Executive Salary 2 - 4 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 10% less
The Saraswat Co-operative Bank Business Development Executive Salary 3 - 6 years exp. (4 salaries)	₹3.6 L/yr - ₹4.9 L/yr 62% more
Paytm Payments Bank Business Development Executive Salary 1 - 7 years exp. (4 salaries)	₹1.3 L/yr - ₹3.8 L/yr 13% less
Dhanlaxmi Bank Business Development Executive Salary 8 - 14 years exp. (3 salaries)	₹1.5 L/yr - ₹2.1 L/yr 37% less
Fino Payments Bank Business Development Executive Salary 0 - 4 years exp. (3 salaries)	₹1.8 L/yr - ₹2.9 L/yr 21% less

Business Development Executive salary at ICICI Merchant Service ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of ICICI Merchant Service.

Experience wise ICICI Merchant Service Business Development Executive salaries

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
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6 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.1 L/yr

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Salary related reviews for ICICI Merchant Service

3.0

Rated by 1 employees for salary & benefits

Sales Executive in Pune

BFSI, Investments & Trading Department

5.0

• posted on 30 Jun 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Relationship Manager in Mumbai

Aviation & Aerospace Department

3.0

• posted on 03 Mar 2021

2.0

for Salary and Benefits

Likes

Good work culture. Team leader very much supportive.

Dislikes

Ni petrol allowance. And salary date is delaying every month. Cut the salary with out reason. And some technical error in their system so we can log in or mark the attendance properly but they cut the salary. And I can't get any kind of certificate. Pf esi number also. No proper reply from company side also.

Salary - Poor

+4 more

Sales Executive in Ranchi

Sales & Business Development Department

5.0

• posted on 22 Jul 2020

5.0

for Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management. Company policies are good, appraisals are fair and they give good salary hike and bonus every years.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Field Operations Supervisor (working remotely)

Contractual

Production, Manufacturing & Engineering Department

2.0

• posted on 31 Jan 2023

1.0

for Salary and Benefits

Likes

Nothing to like here

Skill development - Good

Dislikes

Very low salaries no value of Off Role employees even if you are off role in the company sales manager have no rights to contact with you for any work. He has to be routed through on roll employee only.

Salary - Bad

+5 more

Sales Support Specialist Team Leader in New Delhi

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 23 Apr 2023

2.0

for Salary and Benefits

Likes

On time salary gets credit to your account. Is the only thing one like there .

Dislikes

Seniors put pressure and gives u threat about termination or pip , even after your performance is satisfactory.., don’t expect any help from senior management.. No salary growth, salary growth is only for senior management..

Salary - Poor

+3 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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ICICI Merchant Service Business Development Executive Salary FAQs

What is the salary of Business Development Executive at ICICI Merchant Service?

Business Development Executive salary at ICICI Merchant Service in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs for experience between 4 years to 6 years. According to our estimates it is 27% less than the average Business Development Executive Salary in India. Salary estimates are based on 4 latest salaries received from various employees of ICICI Merchant Service India.

How does the salary of a Business Development Executive at ICICI Merchant Service India compare with the average salary range for this job?

The average salary of a Business Development Executive at ICICI Merchant Service is 27% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than ICICI Merchant Service to a Business Development Executive in India?

First Abu Dhabi Bank Business Development Executive Salary - ₹12.7 Lakhs to ₹20.0 Lakhs per year
The Saraswat Co-operative Bank Business Development Executive Salary - ₹3.6 Lakhs to ₹4.9 Lakhs per year
Shivalik Small Finance Bank Business Development Executive Salary - ₹2.6 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Business Development Executive in companies similar to ICICI Merchant Service in India?

Capital Small Finance Bank Business Development Executive Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
Baroda Global Shared Services Business Development Executive Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
Paytm Payments Bank Business Development Executive Salary - ₹1.3 Lakhs to ₹3.8 Lakhs per year
North East Small Finance Bank Business Development Executive Salary - ₹1.7 Lakhs to ₹3.2 Lakhs per year
South Indian Bank Business Development Executive Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Business Development Executive at ICICI Merchant Service in India?

The estimated take-home salary of a Business Development Executive at ICICI Merchant Service ranges between ₹20,150 per month to ₹21,811 per month in India. The take-home salary calculation is based on the average ICICI Merchant Service Business Development Executive salary in India which ranges between ₹2.2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Development Executive at ICICI Merchant Service?

According to AmbitionBox, 67% of the ICICI Merchant Service Business Development Executives reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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ICICI Merchant Service Business Development Executive Salaries

ICICI Merchant Service Business Development Executive salary in India ranges between ₹2.2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 ICICI Merchant Service latest salaries received from various employees of ICICI Merchant Service.