Religare Business Development Manager Salaries by 6 Employees

2 - 4 years exp.

₹2.4 Lakhs - ₹4.6 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Business Development Manager Salary in Financial Services Companies for 2 - 4 years of experience

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Last Updated: 2 Aug 2023

Companies similar to Religare for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Business Development Manager Salary 0 - 13 years exp. (82 salaries)	₹3.4 L/yr - ₹7 L/yr 1% more
Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (35 salaries)	₹2.2 L/yr - ₹9 L/yr 16% 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
Muthoot Capital Services Business Development Manager Salary 0 - 12 years exp. (14 salaries)	₹2.7 L/yr - ₹4.3 L/yr 21% less
ICICI Securities Business Development Manager Salary 1 - 13 years exp. (12 salaries)	₹3.5 L/yr - ₹8 L/yr 47% more
Sharekhan Business Development Manager Salary 2 - 9 years exp. (6 salaries)	₹6.1 L/yr - ₹11.8 L/yr 96% more
Alankit Business Development Manager Salary 3 - 14 years exp. (6 salaries)	₹2 L/yr - ₹5.5 L/yr 21% less
Bajaj Finserv Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹3 L/yr - ₹6.5 L/yr 9% less
Bajaj Capital Business Development Manager Salary 2 - 12 years exp. (5 salaries)	₹2.5 L/yr - ₹6.2 L/yr 12% more
JPMorgan Chase & Co. Business Development Manager Salary 0 - 3 years exp. (5 salaries)	₹23.1 L/yr - ₹58 L/yr 712% more
Reliance Capital Business Development Manager Salary 0 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 17% less
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Geojit Financial Services Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹4.7 L/yr - ₹7.4 L/yr 14% more
JM Financial Business Development Manager Salary 1 - 13 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 8% less
Nippon Life India Asset Management Business Development Manager Salary 3 - 15 years exp. (3 salaries)	₹2 L/yr - ₹21 L/yr 174% more	1 job opening
Wells Fargo Business Development Manager Salary 11 - 14 years exp. (3 salaries)	₹30 L/yr - ₹45 L/yr 734% more

Business Development Manager salary at Religare ranges between ₹2.4 Lakhs to ₹4.6 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Religare.

Experience wise Religare Business Development Manager salaries

Last Updated: 2 Aug 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.6 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.7 L/yr

Similar Designation salaries in Religare

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Business Development Executive Salary

(4 salaries)

₹2.3 L/yr - ₹2.4 L/yr

Business Manager Salary

(5 salaries)

₹6.63 L/yr - ₹12 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹5.2 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹10.9 L/yr - ₹13.9 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹8 L/yr - ₹10.2 L/yr

Deputy Manager Salary

(138 salaries)

₹2.25 L/yr - ₹8 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Top skills at Religare for Business Development Manager

Commodities Channel Sales Channel Sales Management Business Development Management stock broking Business Development Franchisee Development Business Partnering Equity Channel Development

Salary related reviews for Religare

4.0

Rated by 1 employees for salary & benefits

Branch Manager in Dindigul

Customer Success, Service & Operations Department

4.0

• posted on 27 Jul 2018

5.0

for Salary and Benefits

Likes

Month on month Salary is good. Pressurised job. Team members are very co-operative.

Salary - Excellent

+3 more

Dislikes

Incentive salab is very tough. If the share market gets volatile no one's can't work peacefully. If you achieve your monthly targets, even though they were not leaving you from the third parties products. More over asusal corporate politics is there.

Assistant Manager in New Delhi

Full Time

Risk Management & Compliance Department

3.0

• posted on 05 Dec 2024

2.0

for Salary and Benefits

Likes

I like below things 👇 1. Fix off Saturday and Sunday. 2. The work will always available. 3. Office Culture.

Skill development - Excellent

+3 more

Dislikes

...be some what ambiguous. It seems like don't want to share proper information. 2. Less salary. 3. Having laptop but not will get work from home.

Salary - Poor

Back Office Coordinator in Bangalore Urban

Customer Success, Service & Operations Department

5.0

• posted on 14 May 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture teammates are supportive in Bangalore every year will get bonus.

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow. In head office lot of parshalities for newly joined no training.

Data Entry Operator in Gurgaon / Gurugram

Other Department

1.0

• posted on 12 May 2021

2.0

for Salary and Benefits

Likes

...most useless experience in Religare. There is no coordination between HR and TL. I was suffer atleast 3 month for my salary deduction still not received justified explaination for HR and TL.

Dislikes

Communication Gap between HR and TL. And lack of support for employees.

Salary - Poor

+6 more

Equity Advisor in Vile Parle

Equity Dealing Department

3.0

• posted on 20 Dec 2020

1.0

for Salary and Benefits

Likes

Religare is a good place to work without pressure,this company is employee friendly.if u are lazy and u don't want any extra earning than this good place for you.

Work satisfaction - Excellent

+1 more

Dislikes

No growth ,no incentive and if you are low performer with high salary upper manager will say you for exit.systems are very slow even u will not found how much client u have.

Salary - Bad

+4 more

see more salary related reviews

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Religare Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Religare ?

The average salary of a Business Development Manager at Religare in India typically ranges from ₹2.4 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Business Development Manager at Religare earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Business Development Manager Salaries at Religare 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 6 Religare employees in India.

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

The estimated take-home salary of a Business Development Manager at Religare in India typically ranges from ₹32,720 to ₹33,994 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 2 years to 4 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 6 salaries received from various employees of Religare. 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 Religare ?

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

- Commodities
- Channel Sales
- Channel Sales Management
- Business Development Management
- stock broking

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

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

Wells Fargo	₹30.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹23.1 Lakhs to ₹58.0 Lakhs per year
Nippon Life India Asset Management	₹2.0 Lakhs to ₹21.0 Lakhs per year
Sharekhan	₹6.1 Lakhs to ₹11.8 Lakhs per year
ICICI Securities	₹3.5 Lakhs to ₹8.0 Lakhs per year

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

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

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

Motilal Oswal Financial Services	₹2.2 Lakhs to ₹9.0 Lakhs per year
Geojit Financial Services	₹4.7 Lakhs to ₹7.4 Lakhs per year
Bajaj Capital	₹2.5 Lakhs to ₹6.2 Lakhs per year
Aditya Birla Capital	₹3.4 Lakhs to ₹7.0 Lakhs per year
JM Financial	₹3.5 Lakhs to ₹5.0 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 Religare in India?

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

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹7.6 Lakhs per year
3 years	₹2.4 Lakhs to ₹7.7 Lakhs per year
4 years	₹2.4 Lakhs to ₹7.7 Lakhs per year

and so on.

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Religare Business Development Manager Salaries

Religare Business Development Manager salary in India ranges between ₹2.4 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Religare latest salaries received from various employees of Religare.