Kotak Securities Business Development Manager Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹3.1 Lakhs - ₹5.2 Lakhs

Low Confidence

Salary of majority employees

38% 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)	₹2.9 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 - ₹7 L/yr

Last Updated: 16 Mar 2023

Companies similar to Kotak Securities for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Business Development Manager Salary 1 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹8 L/yr 23% more
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 37% less
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Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 50% more
Sharekhan Business Development Manager Salary 2 - 5 years exp. (4 salaries)	₹7.6 L/yr - ₹11.8 L/yr 62% more
Angel One Business Development Manager Salary 1 - 9 years exp. (150 salaries)	₹1.2 L/yr - ₹5.5 L/yr 13% less	5 job openings
Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (35 salaries)	₹2.2 L/yr - ₹9 L/yr 9% more
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 24% less
IIFL Securities Business Development Manager Salary 0 - 6 years exp. (49 salaries)	₹2.3 L/yr - ₹5.5 L/yr 19% less
Geojit Financial Services Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹4.7 L/yr - ₹7.4 L/yr 7% more
Franklin Templeton Investments Business Development Manager Salary 4 - 9 years exp. (6 salaries)	₹5.7 L/yr - ₹18 L/yr 127% more
Reliance Capital Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 23% less
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SBI Mutual Fund Business Development Manager Salary 2 - 9 years exp. (4 salaries)	₹1.2 L/yr - ₹4.1 L/yr 55% 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)	₹3.1 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.3 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr

Similar Designation salaries in Kotak Securities

Business Development Executive Salary

(4 salaries)

₹1 L/yr - ₹4 L/yr

Assistant Sales Manager Salary

(21 salaries)

₹2.1 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 - ₹7.4 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

see more salary related reviews

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Kotak Securities Business Development Manager Salary FAQs

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

Business Development Manager salary at Kotak Securities in India ranges between ₹3.1 Lakhs to ₹5.2 Lakhs for experience between 2 years to 6 years. According to our estimates it is 38% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Kotak Securities India.

How does the salary of a Business Development Manager at Kotak Securities India compare with the average salary range for this job?

The average salary of a Business Development Manager at Kotak Securities is 38% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Kotak Securities?

Business Development Management, Franchisee Management and Franchisee Development are some of the popular skills required to work as a Business Development Manager at Kotak Securities India.

Which similar companies are paying more than Kotak Securities to a Business Development Manager in India?

Franklin Templeton Investments Business Development Manager Salary - ₹5.7 Lakhs to ₹18.0 Lakhs per year
Sharekhan Business Development Manager Salary - ₹7.6 Lakhs to ₹11.8 Lakhs per year
Axis Direct Business Development Manager Salary - ₹4.9 Lakhs to ₹9.8 Lakhs per year
ICICI Securities Business Development Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
Motilal Oswal Financial Services Business Development Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year

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

Geojit Financial Services Business Development Manager Salary - ₹4.7 Lakhs to ₹7.4 Lakhs per year
Angel One Business Development Manager Salary - ₹1.2 Lakhs to ₹5.5 Lakhs per year
IIFL Securities Business Development Manager Salary - ₹2.3 Lakhs to ₹5.5 Lakhs per year
Reliance Capital Business Development Manager Salary - ₹3.2 Lakhs to ₹3.9 Lakhs per year
Edelweiss Business Development Manager Salary - ₹2.5 Lakhs to ₹7.6 Lakhs per year

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 ranges between ₹35,019 per month to ₹36,258 per month in India. The take-home salary calculation is based on the average Kotak Securities Business Development Manager salary in India which ranges between ₹3.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Kotak Securities?

According to AmbitionBox, 40% of the Kotak Securities Business Development Managers reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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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.