IIFL Securities Business Development Manager Salaries by 20+ Employees (Updated 2024)

0 - 6 years exp.

₹2.8 Lakhs - ₹5.4 Lakhs

Salary of majority employees

47% less than the average Business Development Manager Salary in Financial Services Companies for 0 - 6 years of experience

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Last Updated: 24 Nov 2024

Companies similar to IIFL Securities for Business Development Manager in Sales & Business Development department

Company name	Avg Annual Salary	Open Jobs
Angel One Business Development Manager Salary 1 - 10 years exp. (55 salaries)	₹2 L/yr - ₹5.9 L/yr 8% more	1 job opening
Edelweiss Business Development Manager Salary 1 - 13 years exp. (6 salaries)	₹3.6 L/yr - ₹7.6 L/yr 6% more
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Axis Direct Business Development Manager Salary 9 - 12 years exp. (5 salaries)	₹5.9 L/yr - ₹9.8 L/yr 95% more
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (9 salaries)	₹2.3 L/yr - ₹6.5 L/yr 6% less
SBI Cards & Payment Services Business Development Manager Salary 2 - 6 years exp. (17 salaries)	₹1.5 L/yr - ₹4.3 L/yr 33% less
ICICI Prudential Mutual Fund Business Development Manager Salary 3 - 10 years exp. (7 salaries)	₹3.6 L/yr - ₹11 L/yr 122% more
National Stock Exchange of India Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹12 L/yr - ₹20.7 L/yr 315% more
Bajaj Capital Business Development Manager Salary 9 - 12 years exp. (3 salaries)	₹6 L/yr - ₹6.2 L/yr 53% more

Business Development Manager salary at IIFL Securities ranges between ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 24 latest salaries received from various employees of IIFL Securities.

Latest annual salaries shared by IIFL Securities Business Development Manager in Sales & Business Development department

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6 years exp.

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5 years exp.

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5 years exp.

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2 years exp.

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9 months exp.

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Experience wise IIFL Securities Business Development Manager salaries in Sales & Business Development department

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.7 L/yr - ₹6.7 L/yr
1 year (3 salaries)	₹2.8 L/yr - ₹4.3 L/yr
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2 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹7.2 L/yr
4 years (7 salaries)	₹3.5 L/yr - ₹5 L/yr
5 years (7 salaries)	₹3 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹7.6 L/yr

View all

Similar Designation salaries in IIFL Securities

Senior Business Development Manager Salary

(5 salaries)

₹4 L/yr - ₹7 L/yr

Business Development Executive Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹12.2 L/yr - ₹15.5 L/yr

Deputy Manager Salary

(52 salaries)

₹3.7 L/yr - ₹8.5 L/yr

Branch Manager Salary

(10 salaries)

₹3.6 L/yr - ₹6 L/yr

Relationship Manager Salary

(353 salaries)

₹1.55 L/yr - ₹6 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Sales Manager Salary

(11 salaries)

₹2.4 L/yr - ₹5.35 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Salary related reviews for IIFL Securities

4.0

Rated by 1 employees for salary & benefits

Relationship Manager in Indore

Customer Relationship Department

3.0

• posted on 22 Feb 2021

2.0

for Salary and Benefits

Likes

Satisfaction

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.

Senior Relationship Manager in Thane

BFSI, Investments & Trading Department

4.0

• posted on 25 Apr 2022

3.0

for Salary and Benefits

Likes

There is no job security, work culture is good, The company management are not that bad & The policies quite strict.

Dislikes

The salary deduction is too high, Not giving the good appraisal & there is no growth in carrer

Branch Development Manager Service in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 30 Jun 2022

3.0

for Salary and Benefits

Likes

Time Vertical work it's good no time limit to spend time to office salary it's good other work it's very bad experience no growth process is very lengthy manegement very slow working

Dislikes

Over all its great work in office good salary nice place learning it's good bud no opportunity your growth your carrier and email response it's very lengthy manegement and services

Customer Relationship Manager in Bangalore / Bengaluru

Other Department

1.0

• posted on 04 Feb 2022

5.0

for Salary and Benefits

Likes

Work from home and comfortable

Dislikes

Not received salary on time after leaving company and reliving letter still not received and they are least bothered to respond for the delay. And they were not providing weekoff sometimes and pressuring us on target working overtime from 9 am to 8pm

Senior Executive As Team Lead .. Chat Process..non-voice in Secretariat, Hyderabad

Engineering - Software & QA Department

5.0

• posted on 12 May 2021

3.0

for Salary and Benefits

Likes

Job security is depending upon our efforts and have to maintain some rules and regulations it's all about job security. And company is nothing but it's good environmental and encouragement is very well..

Dislikes

Comming to dislikes that ... salary is issue is their and .. without any intematinon they will exit us..no offer letter ..it's totally.it's all about dislikes..

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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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IIFL Securities Business Development Manager Salary FAQs

What is the salary of Business Development Manager at IIFL Securities in Sales & Business Development department?

Business Development Manager salary at IIFL Securities in Sales & Business Development department in India ranges between ₹2.8 Lakhs to ₹5.4 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 47% less than the average Business Development Manager Salary in India. Salary estimates are based on 24 latest salaries received from various employees of IIFL Securities India in Sales & Business Development department.

How does the salary of a Business Development Manager at IIFL Securities India in Sales & Business Development department compare with the average salary range for this job?

The average salary of a Business Development Manager at IIFL Securities in Sales & Business Development department is 47% 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 IIFL Securities to a Business Development Manager in Sales & Business Development department in India?

National Stock Exchange of India Business Development Manager Salary - ₹12.0 Lakhs to ₹20.7 Lakhs per year
ICICI Prudential Mutual Fund Business Development Manager Salary - ₹3.6 Lakhs to ₹11.0 Lakhs per year
Axis Direct Business Development Manager Salary - ₹5.9 Lakhs to ₹9.8 Lakhs per year
Bajaj Capital Business Development Manager Salary - ₹6.0 Lakhs to ₹6.2 Lakhs per year
Angel One Business Development Manager Salary - ₹2.0 Lakhs to ₹5.9 Lakhs per year

What is the salary of a Business Development Manager in Sales & Business Development department in companies similar to IIFL Securities in India?

Edelweiss Business Development Manager Salary - ₹3.6 Lakhs to ₹7.6 Lakhs per year
Karvy Stock Broking Business Development Manager Salary - ₹2.3 Lakhs to ₹6.5 Lakhs per year
SBI Cards & Payment Services Business Development Manager Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Business Development Manager in Sales & Business Development department at IIFL Securities in India?

The estimated take-home salary of a Business Development Manager in Sales & Business Development department at IIFL Securities ranges between ₹29,402 per month to ₹30,776 per month in India. The take-home salary calculation is based on the average IIFL Securities Business Development Manager salary in India which ranges between ₹2.8 Lakhs to ₹5.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager in Sales & Business Development department at IIFL Securities?

According to AmbitionBox, 47% of the IIFL Securities Business Development Managers in Sales & Business Development department reported a notice period of 1 Month, 24% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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IIFL Securities Business Development Manager Salaries by Location

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IIFL Securities Business Development Manager Salaries in Sales & Business Development

IIFL Securities Business Development Manager salary in Sales & Business Development department in India ranges between ₹2.8 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 IIFL Securities latest salaries received from various employees of IIFL Securities.

IIFL Securities Business Development Manager salaries in Sales & Business Development in India

Companies similar to IIFL Securities for Business Development Manager in Sales & Business Development department

Latest annual salaries shared by IIFL Securities Business Development Manager in Sales & Business Development department

Experience wise IIFL Securities Business Development Manager salaries in Sales & Business Development department

Similar Designation salaries in IIFL Securities

Salary related reviews for IIFL Securities

Relationship Manager in Indore

Senior Relationship Manager in Thane

Branch Development Manager Service in New Delhi

Customer Relationship Manager in Bangalore / Bengaluru

Senior Executive As Team Lead .. Chat Process..non-voice in Secretariat, Hyderabad

IIFL Securities Business Development Manager Salary FAQs

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IIFL Securities Business Development Manager Salaries by Location