SafexPay Business Development Manager Salaries by 4 Employees (Updated 2025)

0 - 11 years exp.

₹6 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹8.8 Lakhs

Variable (10%)

₹0.9 Lakh

29% more than the average Business Development Manager Salary in FinTech Companies for 0 - 11 years of experience

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Last Updated: 29 Jan 2025

Companies similar to SafexPay for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Razorpay Business Development Manager Salary 3 - 10 years exp. (11 salaries)	₹2.8 L/yr - ₹8.2 L/yr 50% less
Paytm Business Development Manager Salary 2 - 12 years exp. (46 salaries)	₹2.4 L/yr - ₹9 L/yr 49% less
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BillDesk Business Development Manager Salary 4 - 13 years exp. (25 salaries)	₹6.3 L/yr - ₹17 L/yr 14% more
PayPal Business Development Manager Salary 5 - 10 years exp. (6 salaries)	₹10 L/yr - ₹21 L/yr 34% more
Mobikwik Business Development Manager Salary 3 - 12 years exp. (11 salaries)	₹9 L/yr - ₹18 L/yr 30% more
PhonePe Business Development Manager Salary 1 - 7 years exp. (40 salaries)	₹2.5 L/yr - ₹5.8 L/yr 62% less
Payoneer Business Development Manager Salary 2 - 16 years exp. (14 salaries)	₹18 L/yr - ₹33 L/yr 157% more	1 job opening
Drip Capital Business Development Manager Salary 2 - 6 years exp. (28 salaries)	₹5 L/yr - ₹13.5 L/yr 2% less	1 job opening
Open Financial Technologies Private Limited Business Development Manager Salary 5 - 8 years exp. (12 salaries)	₹5.3 L/yr - ₹16.1 L/yr At par	1 job opening
Experian Business Development Manager Salary 3 - 10 years exp. (7 salaries)	₹4.2 L/yr - ₹6.5 L/yr 54% less
EarlySalary Services Business Development Manager Salary 3 - 6 years exp. (5 salaries)	₹7.8 L/yr - ₹18.7 L/yr 27% more
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BharatPe Business Development Manager Salary 3 - 8 years exp. (5 salaries)	₹3.5 L/yr - ₹5.1 L/yr 55% less
Eduvanz Business Development Manager Salary 1 - 9 years exp. (5 salaries)	₹5.5 L/yr - ₹9.6 L/yr 23% less
Uni Cards Business Development Manager Salary 2 - 5 years exp. (5 salaries)	₹4.8 L/yr - ₹6 L/yr 45% less
ZestMoney Business Development Manager Salary 8 - 14 years exp. (3 salaries)	₹8 L/yr - ₹11 L/yr 8% less
Kissht Finance Business Development Manager Salary 6 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹4.7 L/yr 53% less
KhataBook Business Development Manager Salary 3 - 6 years exp. (3 salaries)	₹4.8 L/yr - ₹12 L/yr 5% less

Business Development Manager salary at SafexPay ranges between ₹6 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 4 latest salaries received from various employees of SafexPay.

Experience wise SafexPay Business Development Manager salaries

Last Updated: 29 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
3 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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8 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
11 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in SafexPay

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹26.1 L/yr - ₹33.3 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹10.9 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Team Lead Salary

(5 salaries)

₹14.4 L/yr - ₹17 L/yr

Top skills at SafexPay for Business Development Manager

Key Account Management Sales Bfsi Sales Key Account Management B2B Sales Sales B2B Sales

Salary related reviews for SafexPay

Project Coordinator in Mumbai

Full Time

Project & Program Management Department

5.0

• posted on 23 Aug 2023

4.0

for Salary and Benefits

Likes

SafexPay is an amazing organisation to work with. Lots of opportunities to learn. Initial pay which is offered is good. Leaders are approachable.

Salary - Good

+1 more

Dislikes

Appraisals are slightly delayed at times. Strict timings can be a problem at times.

Skill development - Bad

+1 more

Senior Software Developer in Thane

Full Time

Engineering - Software & QA Department

5.0

• posted on 13 Oct 2023

5.0

for Salary and Benefits

Likes

... Superb for both freshers and seniors. Freshers can learn lots of things here. Salary is on time. Fintech Company. Growing company and there is growth for the employee. HR activities are also there. Yearly Trip for all employees. Good appraisals. Good support from seniors and Managers.

Salary - Excellent

+6 more

Software Engineer Trainee in Thane

Engineering - Software & QA Department

5.0

• posted on 05 Oct 2021

5.0

for Salary and Benefits

Likes

...e is a huge cafeteria and gaming arcade for chilling. Company policies are good. Appraisal are fair and they give good salary hike and bonus every year

Salary - Excellent

+6 more

Dislikes

No dislikes

Deputy Manager - Risk Management in Thane

Risk Management Team Department

5.0

• posted on 11 Oct 2021

5.0

for Salary and Benefits

Likes

I'm working with Safexpay for the last 2 years. Company provides good employee benefits, which includes - Health insurance, Work from home policy, Good Salary hike, Gym Facility in office & HR activities for employees. This is one of my DREAM Company

Salary - Excellent

+6 more

Dislikes

Nothing so far

Technical Lead in Thane

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 19 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing.

Dislikes

Terrible place to work. The management keeps changing their vision daily. And basis that they hire and fire many people. All the good managers have left and the CEO and CFO keep taking arbit decisions. We also heard that there were paycuts for many employees. Also, Safexpay is not allowed to do business as per RBI. But somehow they still find a loophole and work through that. Avoid if you can.

Salary - Bad

+6 more

see more salary related reviews

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a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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SafexPay Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SafexPay ?

The average salary of a Business Development Manager at SafexPay in India typically ranges from ₹6.0 Lakhs to ₹14.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Business Development Manager at SafexPay earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Business Development Manager Salaries at SafexPay 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 SafexPay employees in India.

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

The estimated take-home salary of a Business Development Manager at SafexPay in India typically ranges from ₹70,526 to ₹72,341 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 SafexPay. 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 SafexPay ?

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

- Key Account Management
- Sales
- Bfsi Sales
- Key Account Management
- B2B Sales

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

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

Payoneer	₹18.0 Lakhs to ₹33.0 Lakhs per year
PayPal	₹10.0 Lakhs to ₹21.0 Lakhs per year
Mobikwik	₹9.0 Lakhs to ₹18.0 Lakhs per year
EarlySalary Services	₹7.8 Lakhs to ₹18.7 Lakhs per year
BillDesk	₹6.3 Lakhs to ₹17.0 Lakhs per year

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

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

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

Open Financial Technologies Private Limited	₹5.3 Lakhs to ₹16.1 Lakhs per year
Drip Capital	₹5.0 Lakhs to ₹13.5 Lakhs per year
KhataBook	₹4.8 Lakhs to ₹12.0 Lakhs per year
ZestMoney	₹8.0 Lakhs to ₹11.0 Lakhs per year
Eduvanz	₹5.5 Lakhs to ₹9.6 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 SafexPay in India?

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

Experience	Average Salary Range
Fresher	₹10.8 Lakhs to ₹13.8 Lakhs per year
3 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
8 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
11 years	₹5.4 Lakhs to ₹6.9 Lakhs per year

and so on.

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SafexPay Business Development Manager Salaries

SafexPay Business Development Manager salary in India ranges between ₹6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SafexPay latest salaries received from various employees of SafexPay.