NCDEX Senior Business Development Manager Salaries by 4 Employees (Updated 2025)

12 - 17 years exp.

₹18.2 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakhs

Monthly In-hand Salary

75% more than the average Senior Business Development Manager Salary in Financial Services Companies for 12 - 17 years of experience

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Salaries in different departments

Finance & Accounting Senior Business Development Manager Salary 15 - 17 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr
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Sales & Business Development Senior Business Development Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹18.2 L/yr - ₹20 L/yr

Last Updated: 5 Feb 2025

Companies similar to NCDEX for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICRA Senior Business Development Manager Salary 2 - 12 years exp. (7 salaries)	₹10.9 L/yr - ₹18.5 L/yr 14% less
Samunnati Financial Intermediation and Services Senior Business Development Manager Salary 4 - 13 years exp. (4 salaries)	₹11 L/yr - ₹15.5 L/yr 38% less
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Oxyzo Financial Services Senior Business Development Manager Salary 3 years exp. (4 salaries)	₹17 L/yr - ₹22 L/yr 2% less
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (290 salaries)	₹3.4 L/yr - ₹7.8 L/yr 72% less
BYJU'S Senior Business Development Manager Salary 3 - 8 years exp. (252 salaries)	₹8 L/yr - ₹30 L/yr 10% less

Senior Business Development Manager salary at NCDEX ranges between ₹18.2 Lakhs to ₹20 Lakhs per year for employees with experience between 12 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of NCDEX.

Experience wise NCDEX Senior Business Development Manager salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹33.6 L/yr
13 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹20 L/yr
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14 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
15+ years (AmbitionBox Estimate)	₹8 L/yr - ₹20 L/yr

Similar Designation salaries in NCDEX

Business Development Manager Salary

(4 salaries)

₹11 L/yr - ₹17.25 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Business Development Executive Salary

(5 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Business Manager Salary

(4 salaries)

₹11.2 L/yr - ₹14.05 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Salary related reviews for NCDEX

2.0

Rated by 1 employees for salary & benefits

Assistant Manager in Nagpur

Full Time

Engineering - Software & QA Department

4.0

• posted on 11 Jul 2023

4.0

for Salary and Benefits

Likes

good working culture you can contact anytime with your supervisor and they will help you to resolve your issue.

Salary - Good

+5 more

Dislikes

The existing people having more experience in same organisation they don't want to change related to application performance and enhancement suggestions provided by new people or some new members

Work-life balance - Poor

Executive in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 01 Sep 2020

1.0

for Salary and Benefits

Likes

Too much of work load with over working period. No growth, no appreciation, no work satisfaction.

Dislikes

Lot of politics and no proper management. No career growth, no increment, no appreciation. Only keep on working 24/7 without tiring. Worst experience ever.

Salary - Bad

+6 more

Vice President Operations in Navi Mumbai

Full Time

Legal & Regulatory Department

3.0

• posted on 03 Nov 2024

3.0

for Salary and Benefits

Likes

Earlier during Chairman and MD Mr. Ravikumar the Exchange was having a very open work culture and he openly used to ask each employee personally on any issues faced with reporting authorities and any other departments. Currently the political atmosphere has taken over and wooing your superior without openly discussing the problem is prevalent which is not a good sign as it induces fear and job dissatisfaction on honest employees. Now entire culture has become political.

Dislikes

Politics are at the helm and they target individuals who are honest and upright in openly criticizing the wrong doers or who are straight forward and fearless in portraying to the management about any process which are not properly managed.

Skill development - Poor

+3 more

Management Trainee (working remotely)

Business Development Department

3.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

Friendly and supportive reporting managers and co-workers. They listen to the problems we face and provide proper guidance

Dislikes

Frequent and lengthy meetings and lot of meetings in a particular day which can be optimized further. The role involves extensive travelling, proper transportation facilities should be provided or arranged

Work satisfaction - Bad

+1 more

Westrn India Head Of Products Promotion & Business De . in Head Office -mumbai, Branch Office - C.G (Raipur)

Other Department

5.0

• posted on 10 Mar 2022

5.0

for Salary and Benefits

Likes

Job security was also pivotal because we need to learn n get the work done as per own dicision n work culture as well has a significant aspect of being success Iim your Jo naam

Salary - Excellent

+5 more

Dislikes

Nothing special I had that I dislike as from a junior trainee going to level up n up is something self explanatory.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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NCDEX Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at NCDEX ?

The average salary of a Senior Business Development Manager at NCDEX in India typically ranges from ₹18.2 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 12 years to 17 years).

The top 10% of Senior Business Development Manager at NCDEX earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Senior Business Development Manager Salaries at NCDEX 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 NCDEX employees in India.

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

The estimated take-home salary of a Senior Business Development Manager at NCDEX in India typically ranges from ₹1,28,905 to ₹1,33,347 per month. This is based on the average salary range of ₹18.2 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 12 years to 17 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 NCDEX. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Senior Business Development Manager in companies similar to NCDEX in India?

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

Oxyzo Financial Services	₹17.0 Lakhs to ₹22.0 Lakhs per year
BYJU'S	₹8.0 Lakhs to ₹30.0 Lakhs per year
ICRA	₹10.9 Lakhs to ₹18.5 Lakhs per year
Samunnati Financial Intermediation and Services	₹11.0 Lakhs to ₹15.5 Lakhs per year
SBI General Insurance	₹3.4 Lakhs to ₹7.8 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 Manager at NCDEX in India?

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

Experience	Average Salary Range
12 years	₹18.2 Lakhs to ₹33.6 Lakhs per year
13 years	₹7.6 Lakhs to ₹20.0 Lakhs per year
14 years	₹17.4 Lakhs to ₹22.3 Lakhs per year
15 years	₹8.0 Lakhs to ₹20.0 Lakhs per year

and so on.

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NCDEX Senior Business Development Manager Salaries

NCDEX Senior Business Development Manager salary in India ranges between ₹18.2 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 NCDEX latest salaries received from various employees of NCDEX.