Kotak Securities Business Development Manager Salaries by 4 Employees

2 - 6 years exp.

₹3.1 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

40% less than the average Business Development Manager Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 2 - 6 years exp. (3 salaries)	₹4.4 L/yr - ₹5.2 L/yr
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Sales & Business Development Business Development Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4.6 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Securities for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 51% more
Sharekhan Business Development Manager Salary 2 - 9 years exp. (6 salaries)	₹6.1 L/yr - ₹11.8 L/yr 90% more
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Franklin Templeton Investments Business Development Manager Salary 4 - 9 years exp. (6 salaries)	₹5.7 L/yr - ₹18 L/yr 134% more
Reliance Capital Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 20% less
SBI Mutual Fund Business Development Manager Salary 2 - 9 years exp. (4 salaries)	₹1.2 L/yr - ₹4.1 L/yr 53% less

Business Development Manager salary at Kotak Securities ranges between ₹3.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities.

Experience wise Kotak Securities Business Development Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
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4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr

Similar Designation salaries in Kotak Securities

Business Development Executive Salary

(4 salaries)

₹1 L/yr - ₹4 L/yr

Assistant Sales Manager Salary

(19 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Senior Sales Manager Salary

(3 salaries)

₹3.8 L/yr - ₹9.1 L/yr

Area Sales Manager Salary

(3 salaries)

₹2.3 L/yr - ₹7 L/yr

Territory Sales Manager Salary

(3 salaries)

₹7 L/yr - ₹9.2 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹13.1 L/yr - ₹16.7 L/yr

Deputy Manager Salary

(1.6k salaries)

₹1.95 L/yr - ₹7.45 L/yr

Regional Manager Salary

(3 salaries)

₹10 L/yr - ₹14 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Top skills at Kotak Securities for Business Development Manager

Business Development Management Franchisee Management Franchisee Development

Salary related reviews for Kotak Securities

3.0

Rated by 1 employees for salary & benefits

Deputy Manager in Guwahati

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 14 Jun 2024

1.0

for Salary and Benefits

Likes

Salary on time and Saturday off

Dislikes

Vary bad work culture no any support from senior Specially cannot work with this Stupid Rohit Mahipal very worst fellow and because of him many employee resigned from KS even BM,Cluster Head, state Head etc. Really where he worked he made all office empty so don't work with him and later joined Chinmoy Sharma he is very oiling person to senior even bad bad performance from previous company but he joined here coz of reference stupid Rohit Mahipal.

Salary - Bad

+6 more

Deputy Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 12 Apr 2024

4.0

for Salary and Benefits

Likes

Salary is on time A fixed Fuel reimbursement is passed without hassle Good learning experience

Salary - Good

+2 more

Dislikes

There is very high pressure and toxic work environment Unrealistic expectations are set by the managers on a daily basis Managers don’t approve leaves easily There is no real training program and very little support from operations end

Company culture - Bad

+1 more

Deputy Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

During COVID pandemic company don't stop salary.

Dislikes

...y disappointed. HR BEHAVIOUR IS VERY BAD. HR is manipulated by Management. Not even salary hike 😕

Salary - Bad

+6 more

Deputy Manager in Mumbai

Intern

Risk Management & Compliance Department

3.0

• posted on 08 Dec 2024

2.0

for Salary and Benefits

Likes

job timings are good

Dislikes

as per the name not getting gud salary hike, you are not able to get leave when you required and not even getting leave encashment it is got lapse if you are not utilising for that year. for silly reason they are not promoted you and not even gettting hike and bonus for one year so much disappointment for this.

Salary - Poor

+5 more

Deputy Manager in Vadodara

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Dec 2023

1.0

for Salary and Benefits

Likes

nothing

Dislikes

...ee & care & safety, not client problem solving supporting by senior management, not rise salary continues 3 years. high target pressure. manager not working and not listen and only politics. manager always partiality his favorite person (spy)

Salary - Bad

+5 more

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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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Kotak Securities Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Kotak Securities ?

The average salary of a Business Development Manager at Kotak Securities in India typically ranges from ₹3.1 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Business Development Manager at Kotak Securities earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. Business Development Manager Salaries at Kotak Securities 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 Securities employees in India.

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

The estimated take-home salary of a Business Development Manager at Kotak Securities in India typically ranges from ₹33,897 to ₹35,153 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 2 years to 6 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 Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Development Manager at Kotak Securities ?

To be a Business Development Manager at Kotak Securities in india, the key skills required include:

- Business Development Management
- Franchisee Management
- Franchisee Development

These skills are highly valued at Kotak Securities and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Kotak Securities for Business Development Manager in India?

Franklin Templeton Investments	₹5.7 Lakhs to ₹18.0 Lakhs per year
Sharekhan	₹6.1 Lakhs to ₹11.8 Lakhs per year
Axis Direct	₹4.9 Lakhs to ₹9.8 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Kotak Securities in India?

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

Reliance Capital	₹3.2 Lakhs to ₹3.9 Lakhs per year
SBI Mutual Fund	₹1.2 Lakhs to ₹4.1 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 Kotak Securities in India?

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

Experience	Average Salary Range
2 years	₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years	₹4.0 Lakhs to ₹5.1 Lakhs per year
4 years	₹4.2 Lakhs to ₹5.3 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year

and so on.

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Kotak Securities Business Development Manager Salaries

Kotak Securities Business Development Manager salary in India ranges between ₹3.1 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Kotak Securities latest salaries received from various employees of Kotak Securities.