SBI Capital Markets Business Development Manager Salaries by 4 Employees (Updated 2024)

4 - 7 years exp.

₹5.4 Lakhs - ₹25.1 Lakhs

Low Confidence

Salary of majority employees

104% more than the average Business Development Manager Salary for 4 - 7 years of experience

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Last Updated: 13 Oct 2024

Companies similar to SBI Capital Markets for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Business Development Manager Salary 1 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹8 L/yr 62% less
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 81% less
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Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 69% less
Axis Direct Business Development Manager Salary 1 - 12 years exp. (6 salaries)	₹5 L/yr - ₹9.8 L/yr 56% less
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 77% less
Motilal Oswal Financial Services Business Development Manager Salary 2 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹9 L/yr 65% less
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (14 salaries)	₹2.3 L/yr - ₹7.3 L/yr 75% less
Angel One Business Development Manager Salary 1 - 10 years exp. (165 salaries)	₹2 L/yr - ₹6.6 L/yr 72% less	1 job opening
Sharekhan Business Development Manager Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹11.8 L/yr 56% less
NIIT Business Development Manager Salary 4 - 14 years exp. (37 salaries)	₹4 L/yr - ₹13 L/yr 50% less	1 job opening
AstraZeneca Business Development Manager Salary 1 - 9 years exp. (35 salaries)	₹2.1 L/yr - ₹5 L/yr 75% less
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Castrol Business Development Manager Salary 4 - 10 years exp. (10 salaries)	₹7 L/yr - ₹16.5 L/yr 31% less
Allcargo Logistics Business Development Manager Salary 5 - 10 years exp. (6 salaries)	₹9.4 L/yr - ₹16 L/yr 6% less
Sintex-bapl Business Development Manager Salary 9 - 17 years exp. (5 salaries)	₹10.6 L/yr - ₹13.5 L/yr 25% less
Ingersoll Rand Business Development Manager Salary 14 - 25 years exp. (5 salaries)	₹12 L/yr - ₹16 L/yr 6% less
Goodyear Business Development Manager Salary 8 - 15 years exp. (5 salaries)	₹5 L/yr - ₹13.2 L/yr 43% less
Godfrey Phillips India Business Development Manager Salary 9 - 13 years exp. (4 salaries)	₹15.5 L/yr - ₹16 L/yr 3% more
Fiem Industries Business Development Manager Salary 15 - 17 years exp. (4 salaries)	₹13 L/yr - ₹15 L/yr 8% less
Magna International Business Development Manager Salary 17 - 20 years exp. (4 salaries)	₹18 L/yr - ₹25 L/yr 51% more
VA Tech Wabag Business Development Manager Salary 13 - 19 years exp. (4 salaries)	₹18 L/yr - ₹31.6 L/yr 63% more

Business Development Manager salary at SBI Capital Markets ranges between ₹5.4 Lakhs to ₹25.1 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Capital Markets.

Experience wise SBI Capital Markets Business Development Manager salaries

Last Updated: 13 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
5 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr

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Salary related reviews for SBI Capital Markets

5.0

Rated by 1 employees for salary & benefits

Assistant Vice President in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Jul 2024

3.0

for Salary and Benefits

Likes

Only brand name. Not good culture

Dislikes

No flexibility MD acts like headmaster of school No clear Variable pay policy. It's at discretion of management Management gives priority on cost cutting over revenue increase Too much micro management

Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 Dec 2023

3.0

for Salary and Benefits

Likes

1) Fixed compensation is at par with industry standards. 2) Working hours comfortably lesser than a typical IB

Dislikes

1) Very few skill development or training programs 2) Variable pay is lesser than industry standards 3) Bureaucratic brains

Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 15 Dec 2022

5.0

for Salary and Benefits

Likes

1. Great worklife balance 2. Employee benefits like insurance, outings, free food, free pick up drop much more. 3. Don’t have to work after office hrs. 4. All government holidays and 42 leaves

Dislikes

Most important it’s not a sbi . It’s subsidiary of sbi only. 1. Fix time .even 1 sec of delay will be consider as loss of pay. No flexible Time. 2. No work from home. Compulsory have to be there in office . 3. Current office is at cuff parade.much travelling is involved. Proposed office is at bkc, Kurla which is worst than current office. 4. No/zero growth for business enablers group. Don’t think higher management consider business enablers as part of company. Most focus is on business teams. Pasf,Dcm etc. 5. Above 50’s staff is arrogant and never want to listen 6. No appreciation for innovation. 7.. hr policies are not employee centric. Over all its not a recommended company to join if you want to grow.

Digital Sales Specialist in Mumbai

Digital sales Department

3.0

• posted on 25 Apr 2021

2.0

for Salary and Benefits

Likes

Office environment is good. Work culture is fine. Team-mate are good and corporative.

Dislikes

... listening. Their site doesn't work properly for customers as well as employees. Salary is very low and work pressure is double and work life balance is not there.

Assistant Vice President Investment Banking in Pune

Investment banking Department

1.0

• posted on 05 Apr 2018

2.0

for Salary and Benefits

Likes

There is simply nothing to like.

Dislikes

...ets other job. This organization is worst than the full government organization. Working hours r long, zero increaments, zero bonus. Many more

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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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SBI Capital Markets Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SBI Capital Markets?

Business Development Manager salary at SBI Capital Markets in India ranges between ₹5.4 Lakhs to ₹25.1 Lakhs for experience between 4 years to 7 years. According to our estimates it is 104% more than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Capital Markets India.

How does the salary of a Business Development Manager at SBI Capital Markets India compare with the average salary range for this job?

The average salary of a Business Development Manager at SBI Capital Markets is 104% more than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than SBI Capital Markets to a Business Development Manager in India?

VA Tech Wabag Business Development Manager Salary - ₹18.0 Lakhs to ₹31.6 Lakhs per year
Magna International Business Development Manager Salary - ₹18.0 Lakhs to ₹25.0 Lakhs per year
Godfrey Phillips India Business Development Manager Salary - ₹15.5 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to SBI Capital Markets in India?

Allcargo Logistics Business Development Manager Salary - ₹9.4 Lakhs to ₹16.0 Lakhs per year
Ingersoll Rand Business Development Manager Salary - ₹12.0 Lakhs to ₹16.0 Lakhs per year
Fiem Industries Business Development Manager Salary - ₹13.0 Lakhs to ₹15.0 Lakhs per year
Sintex-bapl Business Development Manager Salary - ₹10.6 Lakhs to ₹13.5 Lakhs per year
Castrol Business Development Manager Salary - ₹7.0 Lakhs to ₹16.5 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at SBI Capital Markets ranges between ₹1,04,705 per month to ₹1,07,579 per month in India. The take-home salary calculation is based on the average SBI Capital Markets Business Development Manager salary in India which ranges between ₹5.4 Lakhs to ₹25.1 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at SBI Capital Markets?

According to AmbitionBox, 67% of the SBI Capital Markets Business Development Managers reported a notice period of 1 Month, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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SBI Capital Markets Business Development Manager Salaries

SBI Capital Markets Business Development Manager salary in India ranges between ₹5.4 Lakhs to ₹25.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Capital Markets latest salaries received from various employees of SBI Capital Markets.