Kotak Mahindra Bank Hyderabad / Secunderabad Business Development Officer Salaries by 4 Employees (Updated 2025)

5 - 7 years exp.

₹2.6 Lakhs - ₹3 Lakhs

Salary of majority employees

22% less than the average Business Development Officer Salary in Banking Companies for 5 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3 L/yr
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Sales & Business Development Business Development Officer Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.2 L/yr

Last Updated: 7 Nov 2023

Companies similar to Kotak Mahindra Bank for Business Development Officer in Hyderabad / Secunderabad

Kotak Mahindra Bank Business Development Officer Salary

5 - 7 years exp. (4 salaries)

₹2.6 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Officer Salary 0 - 3 years exp. (13 salaries)	₹1.5 L/yr - ₹3.5 L/yr 14% less
ICICI Bank Business Development Officer Salary 0 - 4 years exp. (17 salaries)	₹1.8 L/yr - ₹2.7 L/yr 18% less
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IDFC FIRST Bank Business Development Officer Salary 2 - 6 years exp. (6 salaries)	₹1.5 L/yr - ₹3.5 L/yr 21% less
Karur Vysya Bank Business Development Officer Salary 3 - 6 years exp. (9 salaries)	₹3.5 L/yr - ₹4 L/yr 35% more
IDBI Bank Business Development Officer Salary 1 - 5 years exp. (5 salaries)	₹2.6 L/yr - ₹2.8 L/yr 7% less

Business Development Officer salary at Kotak Mahindra Bank ranges between ₹2.6 Lakhs to ₹3 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Experience wise Kotak Mahindra Bank Business Development Officer salaries in Hyderabad / Secunderabad

Last Updated: 7 Nov 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.5 L/yr
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7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.6 L/yr

Similar Designation salaries in Kotak Mahindra Bank

Sales Executive Salary

(49 salaries)

₹1.25 L/yr - ₹3.6 L/yr

Assistant Sales Manager Salary

(21 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Sales Officer Salary

(16 salaries)

₹1.5 L/yr - ₹4.3 L/yr

Top skills at Kotak Mahindra Bank for Business Development Officer

Business Development Direct Sales Customer Retention Communication Skills Product Sales Portfolio Management Field Sales Ca bdm Casa Current Account hni sa NTP Sales

Salary related reviews for Kotak Mahindra Bank

Business Development Officer in Jodhpur

Finance Department

1.0

• posted on 12 May 2018

1.0

for Salary and Benefits

Likes

There is no any growth salary / appraisal

Dislikes

Company is decent but growth is slow. The work pressure is very high. I have to work 14-18 Hours straight in a day as I attend the client calls in the late into the night. Manager do not value an individual which is why I have to take back my suggestion most of the time . No appraisal in service no any increments in salary

Salary - Bad

+6 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 11 Jun 2024

2.0

for Salary and Benefits

Likes

The company is good if you are mediocre in performance and can live with less payment. The company has less clients and similary cannot pay employees much. They have very less promotion buckets and blatantly lie to people for the same.

Job security - Good

+2 more

Dislikes

Salary, promortion - these are the worst over here.

Salary - Poor

+1 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 May 2024

3.0

for Salary and Benefits

Likes

Kotak pays good salary and promotions are totally based on your performance.

Skill development - Good

+1 more

Dislikes

The attrition rate is 56%, one of the highest in the industry. You don't get Saturdays and they act fussy when you ask for a well deserved general leave. The pressure of doing sales is eminent, even in impossible scenarios. The new CEO wants to make it JP morgan of India, but the way they are doing it is laughable.

Work satisfaction - Bad

+2 more

Deputy Manager in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 10 Mar 2024

2.0

for Salary and Benefits

Likes

Apprisal system is based on own performance and productivity. No recommendation required from the any line managers.

Job security - Good

Dislikes

Not pay enough as per the industry. No work life balance as you have to work on weekends and public holidays. Toxic work culture along with bad words if sales is not happening. If sale's not completed the you have to spend your own money for the target achievement.

Salary - Poor

+4 more

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 30 Dec 2023

3.0

for Salary and Benefits

Likes

Work life balance is very good. That is the only good part.

Work-life balance - Good

Dislikes

Gratuity to be paid after 5 yrs is added in CTC. Salary hike is not more than 5% if ur not a CA. Manager will forcibly tell us to come to Diwali party and other festivities but will not pay a single rupee for food and fun activities. Employees are forced to pay. Even picnics are organised on employee money but bank does not pays a single rupee. And if any employee refuses to pay then they r accused on non bonding wid team.

Skill development - Poor

+1 more

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Kotak Mahindra Bank Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Kotak Mahindra Bank Hyderabad / Secunderabad?

Business Development Officer salary at Kotak Mahindra Bank in Hyderabad / Secunderabad ranges between ₹2.6 Lakhs to ₹3.0 Lakhs for experience between 5 years to 7 years. According to our estimates it is 22% less than the average Business Development Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank Hyderabad / Secunderabad.

How does the salary of a Business Development Officer at Kotak Mahindra Bank Hyderabad / Secunderabad compare with the average salary range for this job?

The average salary of a Business Development Officer at Kotak Mahindra Bank is 22% less than the average salary of a Business Development Officer in Hyderabad / Secunderabad. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Officer at Kotak Mahindra Bank?

Business Development, Direct Sales, Customer Retention, Communication Skills and Product Sales are some of the popular skills required to work as a Business Development Officer at Kotak Mahindra Bank Hyderabad / Secunderabad.

Which similar companies are paying more than Kotak Mahindra Bank to a Business Development Officer in Hyderabad / Secunderabad?

Karur Vysya Bank Business Development Officer Salary - ₹3.5 Lakhs to ₹4.0 Lakhs per year

What is the salary of a Business Development Officer in companies similar to Kotak Mahindra Bank in Hyderabad / Secunderabad?

IDBI Bank Business Development Officer Salary - ₹2.6 Lakhs to ₹2.8 Lakhs per year
HDFC Bank Business Development Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
ICICI Bank Business Development Officer Salary - ₹1.8 Lakhs to ₹2.7 Lakhs per year
IDFC FIRST Bank Business Development Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year

What is the estimated take home salary of a Business Development Officer at Kotak Mahindra Bank in Hyderabad / Secunderabad?

The estimated take-home salary of a Business Development Officer at Kotak Mahindra Bank ranges between ₹20,311 per month to ₹21,970 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Kotak Mahindra Bank Business Development Officer salary in India which ranges between ₹2.6 Lakhs to ₹3.0 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Development Officer at Kotak Mahindra Bank in Hyderabad / Secunderabad?

According to AmbitionBox, 100% of the Kotak Mahindra Bank Business Development Officers in Hyderabad / Secunderabad reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Kotak Mahindra Bank Business Development Officer Salaries in Hyderabad / Secunderabad

Kotak Mahindra Bank Business Development Officer salary in Hyderabad / Secunderabad ranges between ₹2.6 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.

Kotak Mahindra Bank Business Development Officer salaries in Hyderabad / Secunderabad

Companies similar to Kotak Mahindra Bank for Business Development Officer in Hyderabad / Secunderabad

Latest annual salaries shared by Kotak Mahindra Bank Business Development Officer in Hyderabad / Secunderabad

Experience wise Kotak Mahindra Bank Business Development Officer salaries in Hyderabad / Secunderabad

Similar Designation salaries in Kotak Mahindra Bank

Top skills at Kotak Mahindra Bank for Business Development Officer

Salary related reviews for Kotak Mahindra Bank

Business Development Officer in Jodhpur

Deputy Manager in Mumbai

Deputy Manager in Vadodara

Deputy Manager in Kolkata

Deputy Manager in Mumbai

Kotak Mahindra Bank Business Development Officer Salary FAQs

Tell us how to improve this page.