Upload Button Icon Add office photos
filter salariesFilter salaries by

Kotak Mahindra Bank Senior Business Development Officer salaries in India (Updated 2025)

Annual salary range
0 - 2 years exp.
₹2.8 Lakhs - ₹3.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
unlock blur
Fixed
unlock blur Lakhs
Variable
unlock blur Lakh

Monthly In-hand Salary

unlock blur

41% less than the average Senior Business Development Officer Salary in Banking Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Senior Business Development Officer Salary
0 - 2 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.8 L/yr - ₹3.2 L/yr

Sales & Business Development
Senior Business Development Officer Salary
1 - 2 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 15 Mar 2025

Companies similar to Kotak Mahindra Bank for Senior Business Development Officer

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.5 L/yr - ₹3.7 L/yr

arrow icon 24% less
unlock blur

₹2.4 L/yr - ₹3.4 L/yr

arrow icon 11% less
unlock blur

₹2.5 L/yr - ₹3.5 L/yr

arrow icon 8% more
unlock blur

₹1.9 L/yr - ₹7.9 L/yr

arrow icon 75% more
unlock blur

₹2.3 L/yr - ₹2.9 L/yr

arrow icon 11% less
unlock blur

₹3.8 L/yr - ₹4.8 L/yr

arrow icon 49% more
unlock blur

₹2.3 L/yr - ₹2.9 L/yr

arrow icon 11% less
Senior Business Development Officer salary at Kotak Mahindra Bank ranges between ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Mahindra Bank.

Latest annual salaries shared by Kotak Mahindra Bank Senior Business Development Officer

3d ago
avg blur mobile
2 years exp.
3d ago
avg blur mobile
2 years exp.
2mo ago
avg blur mobile
3 months exp.
10mo ago
avg blur mobile
1 year exp.

Experience wise Kotak Mahindra Bank Senior Business Development Officer salaries

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹1.1 L/yr - ₹2.9 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹1.1 L/yr - ₹3.2 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹1.1 L/yr - ₹3.5 L/yr
Kotak Mahindra Bank Senior Business Development Officer Salary and Career Growth

From

To

Senior Business Development Officer

unlock blur Lakhs/yr

0 - 2 years exp.

Deputy Manager

unlock blur Lakhs/yr

0 - 13 years exp.

Assistant Manager 0 - 9 years exp.
unlock blur
arrow icon 25% hike
    Deputy Manager 0 - 13 years exp.
    unlock blur
    arrow icon 44% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Kotak Mahindra Bank

    unlock blur
    ₹6.1 L/yr - ₹12 L/yr
    unlock blur
    ₹1.7 L/yr - ₹2.5 L/yr
    unlock blur
    ₹1.5 L/yr - ₹8 L/yr
    unlock blur
    ₹2 L/yr - ₹4.4 L/yr
    unlock blur
    ₹1.5 L/yr - ₹4.5 L/yr
    unlock blur
    ₹1.5 L/yr - ₹3.5 L/yr
    unlock blur
    ₹7.5 L/yr - ₹14 L/yr
    unlock blur
    ₹8 L/yr - ₹29.33 L/yr
    unlock blur
    ₹7.25 L/yr - ₹15.4 L/yr
    Sales Officer Salary
    (342 salaries)
    unlock blur
    ₹1.15 L/yr - ₹4.3 L/yr

    Salary related reviews for Kotak Mahindra Bank

    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.

    read more
    • Job security - Good
    • +2 more

    Dislikes

    Salary, promortion - these are the worst over here.

    • Salary - Poor
    • +1 more

    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.

    read more
    • 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.

    read more
    • Work satisfaction - Bad
    • +2 more

    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.

    read more
    • Salary - Poor
    • +4 more

    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.

    read more
    • Skill development - Poor
    • +1 more

    Full Time

     · 

    Customer Success, Service & Operations Department

    3.0
      •  posted on 18 Nov 2023

    2.0
     for  Salary and Benefits

    Likes

    Work profile and process is good.

    Dislikes

    Bad management they hire TL who ask money from their employees and do not return. no work-life balance less salary package only fancy designations are given which does not have a value in the market if u go out.No job security HR listens more to management then employees do not support after you leave the job or be on the job.They do not invest in their system updates but only on themselves.

    read more
    • Salary - Poor
    • +4 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    What people are saying about Kotak Mahindra Bank

    View All
    malleshkuruva
    Verified Icon
    1w
    works at
    Kotak Mahindra Bank
    I have bank experience and want to move to the IT sector, any possible? Which cloud is suitable for me.
    Got a question about Kotak Mahindra Bank?
    Ask anonymously on communities.

    Kotak Mahindra Bank Senior Business Development Officer Salary FAQs

    What is the salary of Senior Business Development Officer at Kotak Mahindra Bank ?
    The average salary of a Senior Business Development Officer at Kotak Mahindra Bank in India typically ranges from ₹2.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 2 years).

    The top 10% of Senior Business Development Officer at Kotak Mahindra Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Senior Business Development Officer Salaries at Kotak Mahindra Bank 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 4 Kotak Mahindra Bank employees in India.
    What is the estimated take home salary of a Senior Business Development Officer at Kotak Mahindra Bank in India?
    The estimated take-home salary of a Senior Business Development Officer at Kotak Mahindra Bank in India typically ranges from ₹20,055 to ₹21,718 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 salaries received from various employees of Kotak Mahindra Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Kotak Mahindra Bank for Senior Business Development Officer in India?
    HDFC Bank ₹1.9 Lakhs to ₹7.9 Lakhs per year
    IndusInd Bank ₹3.8 Lakhs to ₹4.8 Lakhs per year
    IDBI Bank ₹2.5 Lakhs to ₹3.5 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by Kotak Mahindra Bank, depending on the role and experience level.
    What is the salary of a Senior Business Development Officer in companies similar to Kotak Mahindra Bank in India?
    The salary of a Senior Business Development Officer at companies similar to Kotak Mahindra Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    ICICI Bank ₹2.4 Lakhs to ₹3.4 Lakhs per year
    Jana Small Finance Bank ₹2.3 Lakhs to ₹2.9 Lakhs per year
    Axis Bank ₹2.3 Lakhs to ₹2.9 Lakhs per year
    IDFC FIRST Bank ₹1.5 Lakhs to ₹3.7 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 Officer at Kotak Mahindra Bank in India?
    The salary growth for a Senior Business Development Officer at Kotak Mahindra Bank depends on factors such as experience, performance, and promotions. On average, a Senior Business Development Officer can expect the following growth trajectory at Kotak Mahindra Bank:

    Experience Average Salary Range
    Fresher ₹1.1 Lakhs to ₹2.9 Lakhs per year
    1 year ₹1.1 Lakhs to ₹3.2 Lakhs per year
    2 years ₹1.1 Lakhs to ₹3.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Kotak Mahindra Bank Senior Business Development Officer salary in India ranges between ₹2.8 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Kotak Mahindra Bank latest salaries received from various employees of Kotak Mahindra Bank.