Nirmal Bang Business Development Manager Salaries by 10+ Employees (Updated 2024)

0 - 13 years exp.

₹2.4 Lakhs - ₹7 Lakhs

Salary of majority employees

42% less than the average Business Development Manager Salary in Financial Services Companies for 0 - 13 years of experience

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Salaries in different departments

Finance & Accounting Business Development Manager Salary 0 - 6 years exp. (6 salaries)	₹3 L/yr - ₹5.2 L/yr
Sales & Business Development Business Development Manager Salary 1 - 13 years exp. (6 salaries)	₹2.5 L/yr - ₹6 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 2 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹7 L/yr

Last Updated: 23 Feb 2024

Companies similar to Nirmal Bang for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Angel One Business Development Manager Salary 1 - 10 years exp. (162 salaries)	₹2 L/yr - ₹6.6 L/yr 3% less	2 job openings
Motilal Oswal Financial Services Business Development Manager Salary 2 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹9 L/yr 22% more
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Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 19% less
ICICI Securities Business Development Manager Salary 1 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹8 L/yr 31% more
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 33% less
Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 3% more
Sharekhan Business Development Manager Salary 1 - 6 years exp. (6 salaries)	₹2.5 L/yr - ₹11.8 L/yr 51% more
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (14 salaries)	₹2.3 L/yr - ₹7.3 L/yr 12% less
Geojit Financial Services Business Development Manager Salary 3 - 19 years exp. (5 salaries)	₹4.7 L/yr - ₹7 L/yr 10% more
SBI Cards & Payment Services Business Development Manager Salary 2 - 6 years exp. (60 salaries)	₹1.5 L/yr - ₹5.4 L/yr 38% less
National Stock Exchange of India Business Development Manager Salary 4 - 10 years exp. (15 salaries)	₹9 L/yr - ₹20.7 L/yr 258% 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 143% more
ICICI Home Finance Business Development Manager Salary 4 - 8 years exp. (6 salaries)	₹10 L/yr - ₹18.9 L/yr 223% more
Axis Direct Business Development Manager Salary 1 - 12 years exp. (6 salaries)	₹5 L/yr - ₹9.8 L/yr 54% more
SBI Mutual Fund Business Development Manager Salary 2 - 9 years exp. (4 salaries)	₹1.2 L/yr - ₹4.1 L/yr 51% less
Mashreq Global Services Business Development Manager Salary 5 - 14 years exp. (4 salaries)	₹9 L/yr - ₹25 L/yr 288% more

Business Development Manager salary at Nirmal Bang ranges between ₹2.4 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 18 latest salaries received from various employees of Nirmal Bang.

Experience wise Nirmal Bang Business Development Manager salaries

Last Updated: 23 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹6.7 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.8 L/yr
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2 years (3 salaries)	₹3 L/yr - ₹7 L/yr
3 years (4 salaries)	₹3.3 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.2 L/yr
6 years (3 salaries)	₹2.4 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹7 L/yr
10 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
13 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr

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Similar Designation salaries in Nirmal Bang

Senior Business Development Manager Salary

(3 salaries)

₹6.9 L/yr - ₹12 L/yr

Business Development Executive Salary

(5 salaries)

₹2 L/yr - ₹2.8 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

(5 salaries)

₹3.7 L/yr - ₹5.95 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Branch Manager Salary

(3 salaries)

₹5.8 L/yr - ₹6.53 L/yr

Relationship Manager Salary

(123 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Top skills at Nirmal Bang for Business Development Manager

Business Development Management Team Handling Insurance Target Achievement B2B Sales Business Development Sales Management Sales direct marketing Mutual Funds Sales investment Sales Management Relationship Management Business Development Management Channel Sales

Salary related reviews for Nirmal Bang

Settlement Department in Malad

Full Time

Other Department

3.0

• posted on 31 Aug 2022

3.0

for Salary and Benefits

Likes

NirmalBang Securities Private Limited is Renowned name in Share Broking Industry.

Dislikes

No bonus at Diwali. Others enjoying Diwali Festival & we not. Company management should think about this, atleast some lumpsome amount must be credited to employees account.

Executive in Malad

Kyc Department

4.0

• posted on 18 Oct 2021

2.0

for Salary and Benefits

Likes

Growth, Opportunity, Work Satisfaction, Manager and HOD appreciation, Healthy culture without Politics and Job Security plus company giving health insurance. HOD also supportive in work as well as in trainning, learning and doing something. If stuck he is ready to work with you on your desk for hours which means giving full attention etc. All seniors are very polite. Transport reimbursement. If anyone is not doing anything extra to learn them teaching them with the advantages and disadvantages. HOD always trying to give more more and more in terms of knowledge.

Dislikes

Low salary in comparison with other companies in same industry, otherwise large size canteen, proper desk, system and HOD support to each and everyone.

Executive

Franchise servicing Department

5.0

• posted on 05 Sep 2018

5.0

for Salary and Benefits

Likes

All teammates are friendly and helpful job duties are perfect and security too is perfect I miss all these would like to get a chance to rejoice this company

Dislikes

There's nothing to dislike about coz all's good there

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Nirmal Bang Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Nirmal Bang?

Business Development Manager salary at Nirmal Bang in India ranges between ₹2.4 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 42% less than the average Business Development Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Nirmal Bang India.

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

The average salary of a Business Development Manager at Nirmal Bang is 42% 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 Nirmal Bang?

Business Development Management, Team Handling, Insurance, Target Achievement and B2B Sales are some of the popular skills required to work as a Business Development Manager at Nirmal Bang India.

Which similar companies are paying more than Nirmal Bang to a Business Development Manager in India?

Mashreq Global Services Business Development Manager Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
National Stock Exchange of India Business Development Manager Salary - ₹9.0 Lakhs to ₹20.7 Lakhs per year
ICICI Home Finance Business Development Manager Salary - ₹10.0 Lakhs to ₹18.9 Lakhs per year
Franklin Templeton Investments Business Development Manager Salary - ₹5.7 Lakhs to ₹18.0 Lakhs per year
Axis Direct Business Development Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Nirmal Bang in India?

Sharekhan Business Development Manager Salary - ₹2.5 Lakhs to ₹11.8 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
Geojit Financial Services Business Development Manager Salary - ₹4.7 Lakhs to ₹7.0 Lakhs per year
Kotak Securities Business Development Manager Salary - ₹3.1 Lakhs to ₹5.2 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at Nirmal Bang ranges between ₹32,583 per month to ₹33,859 per month in India. The take-home salary calculation is based on the average Nirmal Bang Business Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Nirmal Bang?

According to AmbitionBox, 40% of the Nirmal Bang Business Development Managers reported a notice period of 15 days or less, 40% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Nirmal Bang Business Development Manager Salaries

Nirmal Bang Business Development Manager salary in India ranges between ₹2.4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Nirmal Bang latest salaries received from various employees of Nirmal Bang.