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Receivables Exchange of India Business Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 5 years exp.
₹8 Lakhs - ₹15.3 Lakhs
Salary of majority employees
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35% more than the average Business Development Manager Salary in FinTech Companies for 0 - 5 years of experience

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Last Updated: 23 Feb 2025

Companies similar to Receivables Exchange of India for Business Development Manager

Company name Avg Annual Salary Open Jobs
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PhonePe Business Development Manager Salary

1 - 7 years exp. (40 salaries)

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₹2.5 L/yr - ₹5.8 L/yr

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BillDesk Business Development Manager Salary

4 - 13 years exp. (25 salaries)

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₹6.3 L/yr - ₹17 L/yr

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₹5.3 L/yr - ₹16.1 L/yr

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2 job openings
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Razorpay Business Development Manager Salary

3 - 10 years exp. (11 salaries)

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₹2.8 L/yr - ₹8.2 L/yr

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₹4.2 L/yr - ₹10 L/yr

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₹16 L/yr - ₹20 L/yr

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ACKO Business Development Manager Salary

2 - 6 years exp. (6 salaries)

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₹3 L/yr - ₹9.5 L/yr

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2 job openings
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₹7.8 L/yr - ₹18.7 L/yr

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RapiPay Business Development Manager Salary

3 - 12 years exp. (5 salaries)

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₹3.3 L/yr - ₹5 L/yr

arrow icon 57% less
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Eduvanz Business Development Manager Salary

1 - 9 years exp. (5 salaries)

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₹5.5 L/yr - ₹9.6 L/yr

arrow icon 27% less
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₹13.8 L/yr - ₹38 L/yr

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₹7 L/yr - ₹7.5 L/yr

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₹13 L/yr - ₹17.5 L/yr

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₹10 L/yr - ₹23.5 L/yr

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ZestMoney Business Development Manager Salary

8 - 14 years exp. (3 salaries)

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₹8 L/yr - ₹11 L/yr

arrow icon 12% less
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₹3 L/yr - ₹3.9 L/yr

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₹3.5 L/yr - ₹4.7 L/yr

arrow icon 55% less
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₹4.8 L/yr - ₹12 L/yr

arrow icon 9% less
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CRED Business Development Manager Salary

1 - 4 years exp. (3 salaries)

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₹6 L/yr - ₹22 L/yr

arrow icon 31% more
Business Development Manager salary at Receivables Exchange of India ranges between ₹8 Lakhs to ₹15.3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Receivables Exchange of India.

Latest annual salaries shared by Receivables Exchange of India Business Development Manager

3d ago
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5 years exp.
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4 years exp.

Experience wise Receivables Exchange of India Business Development Manager salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹8 L/yr - ₹17 L/yr
1 year (AmbitionBox Estimate)

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₹8.8 L/yr - ₹11.2 L/yr
2 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.6 L/yr
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹13 L/yr
View all

Similar Designation salaries in Receivables Exchange of India

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₹12.5 L/yr - ₹15.1 L/yr
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₹4.5 L/yr - ₹5.8 L/yr
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₹5 L/yr - ₹8.2 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹10.4 L/yr - ₹13.2 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹8 L/yr - ₹10.2 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.3 L/yr

Salary related reviews for Receivables Exchange of India

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 18 Jul 2024

2.0
 for  Salary and Benefits

Likes

I liked that i got to learn alot and handle tons of work myself and that my manager had confidence in my abilities.

Dislikes

I hate the work culture here.There is a ton of office politics and favouritism. Alot of unpaid overtime.Alternate Saturdays are working from office as well as manager and CTO expect to work on non working saturday and Sundays as well and won't give any compoffs or compensation and humiliate you in front of everyone for asking compensation and also the policy related to leaves are very bad as well.

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 20 Jan 2023

4.0
 for  Salary and Benefits

Likes

Great Place to Work & Grow A great place to work for people who are looking for growth and learning. I have been working here for more than a year now, the work culture is great and diverse. Your ideas and creativity towards technology are always appreciated and awarded. - Great pay and meaningful work.

read more
  • Salary - Good
  • +5 more

Dislikes

Nothing to dislike if you maintain discipline.

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 06 Aug 2024

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Shocking work culture. The boss is a domineering person who keeps shouting & has a short temper and the staff are terrified of upsetting him. They will put others under the bus just to please him. Employees are sometimes fired on spot without any notice or proper exit procedure.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 08 Mar 2024

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Corporate politics. In this company some people only will get benefits, who is very close relationship with manager and if you will stand for yourself means they will throw you out from organisation.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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Receivables Exchange of India Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Receivables Exchange of India ?
The average salary of a Business Development Manager at Receivables Exchange of India in India typically ranges from ₹8.0 Lakhs to ₹15.3 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Business Development Manager at Receivables Exchange of India earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹15.3 Lakhs per year. Business Development Manager Salaries at Receivables Exchange of India 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 5 Receivables Exchange of India employees in India.
What is the estimated take home salary of a Business Development Manager at Receivables Exchange of India in India?
The estimated take-home salary of a Business Development Manager at Receivables Exchange of India in India typically ranges from ₹73,464 to ₹75,362 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.3 Lakhs per year for employees with experience ranging from Fresher to 5 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 5 salaries received from various employees of Receivables Exchange of India. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Receivables Exchange of India for Business Development Manager in India?
M2P Fintech ₹13.8 Lakhs to ₹38.0 Lakhs per year
Credgenics ₹10.0 Lakhs to ₹23.5 Lakhs per year
Juspay Technologies ₹16.0 Lakhs to ₹20.0 Lakhs per year
Cashfree Payments ₹13.0 Lakhs to ₹17.5 Lakhs per year
CRED ₹6.0 Lakhs to ₹22.0 Lakhs per year

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

EarlySalary Services ₹7.8 Lakhs to ₹18.7 Lakhs per year
BillDesk ₹6.3 Lakhs to ₹17.0 Lakhs per year
Open Financial Technologies Private Limited ₹5.3 Lakhs to ₹16.1 Lakhs per year
KhataBook ₹4.8 Lakhs to ₹12.0 Lakhs per year
ZestMoney ₹8.0 Lakhs to ₹11.0 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 Receivables Exchange of India in India?
The salary growth for a Business Development Manager at Receivables Exchange of India depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Receivables Exchange of India:

Experience Average Salary Range
Fresher ₹8.0 Lakhs to ₹17.0 Lakhs per year
1 year ₹8.8 Lakhs to ₹11.2 Lakhs per year
2 years ₹9.0 Lakhs to ₹11.6 Lakhs per year
3 years ₹4.1 Lakhs to ₹12.0 Lakhs per year
and so on.

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Receivables Exchange of India Business Development Manager salary in India ranges between ₹8 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Receivables Exchange of India latest salaries received from various employees of Receivables Exchange of India.