Karvy Stock Broking Business Development Manager Salaries by 10+ Employees

3 - 13 years exp.

₹2.3 Lakhs - ₹7.3 Lakhs

Salary of majority employees

49% less than the average Business Development Manager Salary for 3 - 13 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 3 - 13 years exp. (9 salaries)	₹2.3 L/yr - ₹6.5 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 4 - 12 years exp. (3 salaries)	₹2.5 L/yr - ₹7.3 L/yr

Last Updated: 3 Jun 2023

Companies similar to Karvy Stock Broking for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Oyo Rooms Business Development Manager Salary 2 - 12 years exp. (1.7k salaries)	₹4.4 L/yr - ₹14.5 L/yr 117% more	9 job openings
DTDC Express Business Development Manager Salary 5 - 15 years exp. (19 salaries)	₹6 L/yr - ₹16 L/yr 151% more
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Adecco Group Business Development Manager Salary 2 - 12 years exp. (15 salaries)	₹4.8 L/yr - ₹12.5 L/yr 138% more
Cargill Business Development Manager Salary 3 years exp. (10 salaries)	₹5 L/yr - ₹6.3 L/yr 42% more
Bureau Veritas Business Development Manager Salary 6 - 19 years exp. (8 salaries)	₹8.5 L/yr - ₹14.7 L/yr 208% more
HTC Global Services Business Development Manager Salary 4 - 10 years exp. (7 salaries)	₹5.7 L/yr - ₹20 L/yr 247% more
ITC Infotech Business Development Manager Salary 2 - 11 years exp. (6 salaries)	₹15 L/yr - ₹22 L/yr 358% more
Daikin Business Development Manager Salary 12 - 28 years exp. (5 salaries)	₹10.3 L/yr - ₹18 L/yr 256% more
Hetero Business Development Manager Salary 8 - 14 years exp. (5 salaries)	₹9.1 L/yr - ₹19 L/yr 250% more
JCB Business Development Manager Salary 2 - 16 years exp. (5 salaries)	₹4.2 L/yr - ₹7.5 L/yr 52% more
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 49% less
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Collabera Technologies Business Development Manager Salary 3 - 8 years exp. (5 salaries)	₹3.6 L/yr - ₹10 L/yr 115% more
Exela Technologies Business Development Manager Salary 0 - 4 years exp. (3 salaries)	₹8 L/yr - ₹17.5 L/yr 224% more

Business Development Manager salary at Karvy Stock Broking ranges between ₹2.3 Lakhs to ₹7.3 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 14 latest salaries received from various employees of Karvy Stock Broking.

Experience wise Karvy Stock Broking Business Development Manager salaries

Last Updated: 3 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹5.8 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹3.8 L/yr
8 years (3 salaries)	₹3 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.2 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.5 L/yr
12 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹7.3 L/yr
13 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr

View all

Similar Designation salaries in Karvy Stock Broking

Business Development Executive Salary

(6 salaries)

₹1.65 L/yr - ₹3 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Deputy Manager Salary

(71 salaries)

₹2.35 L/yr - ₹8.5 L/yr

Regional Manager Salary

(7 salaries)

₹5 L/yr - ₹8.05 L/yr

Branch Manager Salary

(6 salaries)

₹2.1 L/yr - ₹4.38 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Relationship Manager Salary

(64 salaries)

₹1.5 L/yr - ₹6.5 L/yr

Salary related reviews for Karvy Stock Broking

3.1

Rated by 2 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

BFSI, Investments & Trading Department

3.0

• posted on 10 Nov 2018

1.0

for Salary and Benefits

Likes

Friendly Environment. Comfortable to work with Team mates.

Dislikes

...ning, less training given to employees but expectations from employees are more. very less package even after taking all the challenges. According to talent and performance there is no appreciation and appraisals. Instead of motivation high authority will always puts pressure and scolds.

Salary - Bad

+5 more

Sales Executive

Bhagalput Department

4.0

• posted on 09 Apr 2020

4.0

for Salary and Benefits

Likes

The nature of head department employees are good and they co-ordinate with us . And the salary structure of company was also good.

Salary - Good

+5 more

Dislikes

The target achievement and pressuring by the company from the begining is disappointed me.

Deputy Manager in Hyderabad / Secunderabad

Finance & Accounting Department

1.0

• posted on 10 Sep 2018

1.0

for Salary and Benefits

Likes

If you have passion for stock market than you can step karvy but ... Just for own knowledge only!!!!!!

Dislikes

80% of chance that you have to pay from your own pocket. Heavy pressure with long hour of stretching in very low salary. Too much is partility is there.... Dirty politics involved in every where.

Salary - Bad

+6 more

Financial Advisor in Bangalore / Bengaluru

Full Time

Sales Department

2.0

• posted on 01 Aug 2019

2.0

for Salary and Benefits

Likes

Nothing

Dislikes

...o support to people who work under.work environment is ok.no innovation nothing.salary ll be not paid on time.they delay hold giving reasons.no support.so much politics inside the office.not a good place to work overall

Salary - Poor

+5 more

Relationship Manager Wealth Management in Chandigarh

Customer Success, Service & Operations Department

1.0

• posted on 20 Apr 2021

1.0

for Salary and Benefits

Likes

Terrible experience

Dislikes

Even they don't gave salary and full and final and in covid time without any intemation they fired the people and from last 1 year they are not paying our full and final ,our PF and even TAX is also not submitted

Salary - Bad

+6 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Karvy Stock Broking Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Karvy Stock Broking ?

The average salary of a Business Development Manager at Karvy Stock Broking in India typically ranges from ₹2.3 Lakhs to ₹7.3 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Business Development Manager at Karvy Stock Broking earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Business Development Manager Salaries at Karvy Stock Broking 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 10+ Karvy Stock Broking employees in India.

What is the estimated take home salary of a Business Development Manager at Karvy Stock Broking in India?

The estimated take-home salary of a Business Development Manager at Karvy Stock Broking in India typically ranges from ₹28,433 to ₹29,820 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹7.3 Lakhs per year for employees with experience ranging from 3 years to 13 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 10+ salaries received from various employees of Karvy Stock Broking. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Karvy Stock Broking for Business Development Manager in India?

ITC Infotech	₹15.0 Lakhs to ₹22.0 Lakhs per year
Daikin	₹10.3 Lakhs to ₹18.0 Lakhs per year
Hetero	₹9.1 Lakhs to ₹19.0 Lakhs per year
HTC Global Services	₹5.7 Lakhs to ₹20.0 Lakhs per year
Exela Technologies	₹8.0 Lakhs to ₹17.5 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Karvy Stock Broking in India?

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

Bureau Veritas	₹8.5 Lakhs to ₹14.7 Lakhs per year
DTDC Express	₹6.0 Lakhs to ₹16.0 Lakhs per year
Adecco Group	₹4.8 Lakhs to ₹12.5 Lakhs per year
Oyo Rooms	₹4.4 Lakhs to ₹14.5 Lakhs per year
Collabera Technologies	₹3.6 Lakhs to ₹10.0 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 Business Development Manager at Karvy Stock Broking in India?

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

Experience	Average Salary Range
3 years	₹2.3 Lakhs to ₹5.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹5.5 Lakhs per year
5 years	₹2.8 Lakhs to ₹5.8 Lakhs per year
6 years	₹2.8 Lakhs to ₹6.2 Lakhs per year

and so on.

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Karvy Stock Broking Business Development Manager Salaries

Karvy Stock Broking Business Development Manager salary in India ranges between ₹2.3 Lakhs to ₹7.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Karvy Stock Broking latest salaries received from various employees of Karvy Stock Broking.