ICRA Senior Business Development Manager Salaries by 7 Employees

2 - 12 years exp.

₹10.9 Lakhs - ₹18.5 Lakhs

Salary of majority employees

50% more than the average Senior Business Development Manager Salary in Financial Services Companies for 2 - 12 years of experience

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Salaries in different departments

Sales & Business Development Senior Business Development Manager Salary 2 - 12 years exp. (5 salaries)	₹15 L/yr - ₹18.5 L/yr
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Marketing & Communication Senior Business Development Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹16.8 L/yr

Last Updated: 10 Feb 2024

Companies similar to ICRA for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Senior Business Development Manager Salary 4 - 8 years exp. (5 salaries)	₹17.4 L/yr - ₹35 L/yr 46% more
Muthoot Securities Senior Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹2.5 L/yr - ₹4.4 L/yr 77% less
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IndusInd Bank Senior Business Development Manager Salary 0 - 8 years exp. (291 salaries)	₹2.8 L/yr - ₹5 L/yr 74% less	1 job opening
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (286 salaries)	₹3.4 L/yr - ₹8 L/yr 68% less
BYJU'S Senior Business Development Manager Salary 3 - 8 years exp. (252 salaries)	₹8 L/yr - ₹30 L/yr 5% more

Senior Business Development Manager salary at ICRA ranges between ₹10.9 Lakhs to ₹18.5 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of ICRA.

Experience wise ICRA Senior Business Development Manager salaries

Last Updated: 10 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹18.5 L/yr
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹18.5 L/yr
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4 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
5 years (AmbitionBox Estimate)	₹15.4 L/yr - ₹19.7 L/yr
6 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
7 years (AmbitionBox Estimate)	₹16 L/yr - ₹30.1 L/yr
8 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹19 L/yr
9 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
10 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹29 L/yr
11 years (AmbitionBox Estimate)	₹15 L/yr - ₹28.6 L/yr
12 years (AmbitionBox Estimate)	₹15 L/yr - ₹28.2 L/yr

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Similar Designation salaries in ICRA

Business Development Manager Salary

(31 salaries)

₹8 L/yr - ₹16.51 L/yr

Business Development Associate Salary

(3 salaries)

₹3.2 L/yr - ₹7.2 L/yr

Business Development Executive Salary

(5 salaries)

₹4 L/yr - ₹9.93 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Area Sales Manager Salary

(3 salaries)

₹8.3 L/yr - ₹15 L/yr

Relationship Manager Salary

(4 salaries)

₹7.7 L/yr - ₹15 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Deputy Manager Salary

(36 salaries)

₹4 L/yr - ₹11.98 L/yr

Top skills at ICRA for Senior Business Development Manager

Sales B2B Sales Corporate Sales New Business Development Sales Planning Relationship Management bfsi Selling Skills Business Development Management Insurance Negotiation Counselling Business Development Product Sales Ideation

Salary related reviews for ICRA

Business Development Manager in Bangalore Rural

Full Time

Sales & Business Development Department

2.0

• posted on 05 Jun 2023

1.0

for Salary and Benefits

Likes

Good learning, but after sometime you do the same repetitive tasks tho

Skill development - Good

+1 more

Dislikes

Salary below market standards No employee engagement programs No motivation for employees Most of the employees just wait for next appraisal cycle so that they can leave after

Salary - Bad

+3 more

Deputy Manager in Chennai

Business Development Department

4.0

• posted on 19 Jun 2019

4.0

for Salary and Benefits

Likes

Teammates are good, encouraging manner, helping in work. Training was not adequate. Job security can't assured. Salary & benefits are reasonable. Growth opportunities are less. In appraisal process, they are doing politics. Learning is less. Work environment quiet monotonous. Work life balance is very good, as 5 day work culture. No work after 6PM

Salary - Good

+3 more

Dislikes

In recruitment itself, depending upon candidate's background and education institution they fix salary and position. it's not fair. Carreer growth opportunities are limited. In appraisal, they are showing partiallity. Work is too monotonous. Complex product to sell. No good reputation in market. No support from Manager in job.

Business Development Manager in Gurgaon / Gurugram

Sales & Business Development Department

2.0

• posted on 27 Aug 2018

2.0

for Salary and Benefits

Likes

Nothing is there to like ICRA limited. You will regret to join such company.

Dislikes

Worst pay master. Sales and marketing don't get good salary appraisals. They love Analyst, Top management is ready to sacrifice for them. ICRA limited is useless company. I have wasted my 8 years, even CRISIL and CARE are good companies and pays better and understand employees needs. Please don't join ICRA Limited.

Salary - Poor

+6 more

Manager in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 21 Nov 2023

3.0

for Salary and Benefits

Likes

Salary on time. Reimbursement on time.

Work-life balance - Good

Dislikes

Internal politics, Nepotism, partiality and the HR dept is terrible. No one will ever give you any answer/solution. They are good for nothing. Every month people change, you even don't know who to contact. Seniors wont help you achieve your targets nor they are willing to travel for meetings. Unwanted team calls. Whenever your manager is free or not in any mood for meeting, he/she will schedule Virtual team calls.

Job security - Poor

+3 more

Icra Analytics in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 10 Jun 2022

3.0

for Salary and Benefits

Likes

This company has excellent culture and job security. Everyone is very polite and humble and the pay is as per industry average but there is very less perks and other benefits.

Skill development - Good

+5 more

Dislikes

... as such to dislike but only thing I can say is to give some perks to employees. Like for transport and foods they deduct from your salary.

see more salary related reviews

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ICRA Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at ICRA ?

The average salary of a Senior Business Development Manager at ICRA in India typically ranges from ₹10.9 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of Senior Business Development Manager at ICRA earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Senior Business Development Manager Salaries at ICRA 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 7 ICRA employees in India.

What is the estimated take home salary of a Senior Business Development Manager at ICRA in India?

The estimated take-home salary of a Senior Business Development Manager at ICRA in India typically ranges from ₹1,13,450 to ₹1,16,606 per month. This is based on the average salary range of ₹10.9 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 2 years to 12 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 7 salaries received from various employees of ICRA. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Business Development Manager at ICRA ?

To be a Senior Business Development Manager at ICRA in india, the key skills required include:

- Sales
- B2B Sales
- Corporate Sales
- New Business Development
- Sales Planning

These skills are highly valued at ICRA and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than ICRA for Senior Business Development Manager in India?

Bajaj Finserv	₹17.4 Lakhs to ₹35.0 Lakhs per year
BYJU'S	₹8.0 Lakhs to ₹30.0 Lakhs per year

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

What is the salary of a Senior Business Development Manager in companies similar to ICRA in India?

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

SBI General Insurance	₹3.4 Lakhs to ₹8.0 Lakhs per year
IndusInd Bank	₹2.8 Lakhs to ₹5.0 Lakhs per year
Muthoot Securities	₹2.5 Lakhs to ₹4.4 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 Senior Business Development Manager at ICRA in India?

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

Experience	Average Salary Range
2 years	₹7.1 Lakhs to ₹18.5 Lakhs per year
3 years	₹7.0 Lakhs to ₹18.5 Lakhs per year
4 years	₹15.6 Lakhs to ₹19.9 Lakhs per year
5 years	₹15.4 Lakhs to ₹19.7 Lakhs per year

and so on.

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ICRA Senior Business Development Manager Salaries

ICRA Senior Business Development Manager salary in India ranges between ₹10.9 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 ICRA latest salaries received from various employees of ICRA.