IDBI Bank Business Development Manager Salaries by 4 Employees (Updated 2024)

4 - 9 years exp.

₹2 Lakhs - ₹4.2 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Business Development Manager Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹3.4 L/yr
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Finance & Accounting Business Development Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.2 L/yr

Last Updated: 8 Feb 2024

Companies similar to IDBI Bank for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Business Development Manager Salary 1 - 11 years exp. (12 salaries)	₹3 L/yr - ₹6.8 L/yr 40% more
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (120 salaries)	₹2 L/yr - ₹12 L/yr 123% more
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ICICI Bank Business Development Manager Salary 1 - 10 years exp. (105 salaries)	₹2.1 L/yr - ₹9.4 L/yr 75% more
Axis Bank Business Development Manager Salary 0 - 10 years exp. (129 salaries)	₹1.4 L/yr - ₹7 L/yr 25% more
Bank of Baroda Business Development Manager Salary 0 - 6 years exp. (31 salaries)	₹2 L/yr - ₹4.2 L/yr 3% less
Canara Bank Business Development Manager Salary 1 - 30 years exp. (3 salaries)	₹2.7 L/yr - ₹7 L/yr 79% more
Kotak Mahindra Bank Business Development Manager Salary 1 - 8 years exp. (40 salaries)	₹1.5 L/yr - ₹8 L/yr 29% more
IndusInd Bank Business Development Manager Salary 0 - 7 years exp. (1.5k salaries)	₹1.8 L/yr - ₹5.2 L/yr 22% more	11 job openings
Yes Bank Business Development Manager Salary 3 - 6 years exp. (14 salaries)	₹3.5 L/yr - ₹10 L/yr 74% more
Standard Chartered Business Development Manager Salary 4 - 12 years exp. (519 salaries)	₹3.5 L/yr - ₹13 L/yr 163% more	6 job openings
Equitas Small Finance Bank Business Development Manager Salary 2 - 11 years exp. (136 salaries)	₹1.8 L/yr - ₹9.2 L/yr 75% more
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IDFC FIRST Bank Business Development Manager Salary 1 - 8 years exp. (46 salaries)	₹1.8 L/yr - ₹5 L/yr 6% less
Jana Small Finance Bank Business Development Manager Salary 0 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹8.2 L/yr 17% more
AU Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (7 salaries)	₹3 L/yr - ₹5.5 L/yr 22% more
Ujjivan Small Finance Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 21% more
NatWest Group Business Development Manager Salary 6 - 20 years exp. (4 salaries)	₹8 L/yr - ₹57.8 L/yr 909% more
Federal Bank Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹11 L/yr - ₹13.3 L/yr 308% more
HSBC Global Banking and Markets Business Development Manager Salary Fresher (3 salaries)	₹15 L/yr - ₹16 L/yr 399% more
Barclays Business Development Manager Salary 1 - 11 years exp. (3 salaries)	₹7.5 L/yr - ₹17 L/yr 263% more
Bank of Maharashtra Business Development Manager Salary 3 - 6 years exp. (3 salaries)	₹5 L/yr - ₹13 L/yr 149% more

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Business Development Manager salary at IDBI Bank ranges between ₹2 Lakhs to ₹4.2 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank.

Experience wise IDBI Bank Business Development Manager salaries

Last Updated: 8 Feb 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.4 L/yr
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6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.2 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.8 L/yr

View all

Similar Designation salaries in IDBI Bank

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹6.7 L/yr - ₹8.5 L/yr

Business Development Associate Salary

(4 salaries)

₹3 L/yr - ₹3.6 L/yr

Business Development Executive Salary

(129 salaries)

₹1.65 L/yr - ₹3.6 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹17.6 L/yr - ₹22.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Senior Sales Manager Salary

(5 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(5 salaries)

₹5.67 L/yr - ₹10 L/yr

Territory Sales Manager Salary

(34 salaries)

₹3 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(7 salaries)

₹2.5 L/yr - ₹9 L/yr

Salary related reviews for IDBI Bank

4.8

Rated by 4 employees for salary & benefits

Branch Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 11 Sep 2023

4.0

for Salary and Benefits

Likes

Salary & employees monetary benefits due to IBA membership

Dislikes

Unfair promotions practice, Impotent Supervisors in Retail Banking, Egoistic people in Mid Management, God Father culture, No career growth, Non posting of required employees in branches etc.,

Relationship Manager in Pune

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 20 Apr 2022

3.0

for Salary and Benefits

Likes

...s work with integrity. U get good customer exposure and handling multiple tasks. Pay scale is good.

Dislikes

Retail branch banking Work pressure, multi-tasking apart from ur job profile. No value addition. Very slow career growth and monotonous job, job rotation periodicity is very large. You will get leaves after too much hardship until it is for some emergency. Review meetings are organised after working hours and frequent commitments and u have to bring figures on every login day. Seniors cannot keep away from using unofficial language if u don't perform in business and Continuous follow up will just keep u on pressure. No mental peace and satisfaction at all in branch banking in metros. If u don't perform, either u r thrown out to rural branches or compelled to resign. If u r excellent in selling insurance policy, then this is the best place to work. Promotions in higher grades are preferably available to staff posted in regional and zonal offices and hardly any branch banking staff is chosen.

Sales Executive in Surat

Sales & Marketing Department

5.0

• posted on 20 Jun 2022

5.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive they give good sallary hike and bonus every year

Dislikes

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

Sales Executive in Basirhat

BFSI, Investments & Trading Department

4.0

• posted on 04 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good.

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow. On the job training is not given to new joinees

Sales Officer in Mumbai

Finance & Accounting Department

5.0

• posted on 14 Jul 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.

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.

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a technical project manager

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Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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IDBI Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at IDBI Bank?

Business Development Manager salary at IDBI Bank in India ranges between ₹2.0 Lakhs to ₹4.2 Lakhs for experience between 4 years to 9 years. According to our estimates it is 59% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of IDBI Bank India.

How does the salary of a Business Development Manager at IDBI Bank India compare with the average salary range for this job?

The average salary of a Business Development Manager at IDBI Bank is 59% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than IDBI Bank to a Business Development Manager in India?

NatWest Group Business Development Manager Salary - ₹8.0 Lakhs to ₹57.8 Lakhs per year
HSBC Global Banking and Markets Business Development Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
Federal Bank Business Development Manager Salary - ₹11.0 Lakhs to ₹13.3 Lakhs per year
Barclays Business Development Manager Salary - ₹7.5 Lakhs to ₹17.0 Lakhs per year
Standard Chartered Business Development Manager Salary - ₹3.5 Lakhs to ₹13.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to IDBI Bank in India?

Bank of India Business Development Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
Bank of Maharashtra Business Development Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
Canara Bank Business Development Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
Equitas Small Finance Bank Business Development Manager Salary - ₹1.8 Lakhs to ₹9.2 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at IDBI Bank ranges between ₹22,097 per month to ₹23,579 per month in India. The take-home salary calculation is based on the average IDBI Bank Business Development Manager salary in India which ranges between ₹2.0 Lakhs to ₹4.2 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 29% of the IDBI Bank Business Development Managers reported a notice period of 15 days or less, 28% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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IDBI Bank Business Development Manager Salaries

IDBI Bank Business Development Manager salary in India ranges between ₹2 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 IDBI Bank latest salaries received from various employees of IDBI Bank.

IDBI Bank Business Development Manager salaries in India

Companies similar to IDBI Bank for Business Development Manager

Latest annual salaries shared by IDBI Bank Business Development Manager

Experience wise IDBI Bank Business Development Manager salaries

Similar Designation salaries in IDBI Bank

Salary related reviews for IDBI Bank

Branch Manager in Mumbai

Relationship Manager in Pune

Sales Executive in Surat

Sales Executive in Basirhat

Sales Officer in Mumbai

IDBI Bank Business Development Manager Salary FAQs

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