SBI Cards & Payment Services Business Development Manager Salaries by 60+ Employees (Updated 2025)

2 - 8 years exp.

₹1.8 Lakh - ₹4.4 Lakhs

Salary of majority employees

64% less than the average Business Development Manager Salary in Financial Services Companies for 2 - 8 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 2 - 8 years exp. (20 salaries)	₹2 L/yr - ₹4.4 L/yr
BFSI, Investments & Trading Business Development Manager Salary 2 - 8 years exp. (11 salaries)	₹2 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 3 - 5 years exp. (7 salaries)	₹2.2 L/yr - ₹3.8 L/yr
Marketing & Communication Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹1.8 L/yr - ₹3.5 L/yr

Last Updated: 17 Feb 2025

Companies similar to SBI Cards & Payment Services for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (125 salaries)	₹2 L/yr - ₹10 L/yr 110% more
ICICI Bank Business Development Manager Salary 1 - 10 years exp. (109 salaries)	₹2.1 L/yr - ₹8.9 L/yr 110% more
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Axis Bank Business Development Manager Salary 0 - 10 years exp. (125 salaries)	₹1.4 L/yr - ₹7 L/yr 54% more
Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	₹1.5 L/yr - ₹8 L/yr 62% more
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.4k salaries)	₹1.8 L/yr - ₹5.3 L/yr 39% more	17 job openings
Standard Chartered Business Development Manager Salary 4 - 13 years exp. (507 salaries)	₹3.4 L/yr - ₹12.5 L/yr 199% more
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 134% more
Yes Bank Business Development Manager Salary 3 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹10 L/yr 100% more
IDFC FIRST Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	₹2.1 L/yr - ₹5 L/yr 10% more
Federal Bank Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹11 L/yr - ₹13.3 L/yr 361% more
Bank of Baroda Business Development Manager Salary 0 - 6 years exp. (32 salaries)	₹2 L/yr - ₹4.2 L/yr 11% more
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Canara Bank Business Development Manager Salary 1 - 30 years exp. (3 salaries)	₹2.7 L/yr - ₹7 L/yr 102% more
Union Bank of India Business Development Manager Salary 3 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 15% more
Bank of India Business Development Manager Salary 2 - 7 years exp. (3 salaries)	₹5 L/yr - ₹10 L/yr 194% more
State Bank of India Business Development Manager Salary 3 - 9 years exp. (12 salaries)	₹2 L/yr - ₹6 L/yr 55% more
Bank of Maharashtra Business Development Manager Salary 3 - 6 years exp. (3 salaries)	₹5 L/yr - ₹13 L/yr 182% more
Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 158% more
Pine Labs Business Development Manager Salary 2 - 6 years exp. (8 salaries)	₹4.5 L/yr - ₹13 L/yr 234% more
Franklin Templeton Investments Business Development Manager Salary 4 - 9 years exp. (6 salaries)	₹5.7 L/yr - ₹18 L/yr 292% more
ICICI Home Finance Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹10 L/yr - ₹18.9 L/yr 396% more

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Business Development Manager salary at SBI Cards & Payment Services ranges between ₹1.8 Lakh to ₹4.4 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 62 latest salaries received from various employees of SBI Cards & Payment Services.

Experience wise SBI Cards & Payment Services Business Development Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
2 years (6 salaries)	₹2 L/yr - ₹3 L/yr
3 years (11 salaries)	₹1.8 L/yr - ₹3.2 L/yr
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4 years (14 salaries)	₹2 L/yr - ₹3.8 L/yr
5 years (12 salaries)	₹2 L/yr - ₹3.6 L/yr
6 years (7 salaries)	₹2.2 L/yr - ₹3.5 L/yr
7 years (7 salaries)	₹2.2 L/yr - ₹4.4 L/yr
8 years (5 salaries)	₹2.5 L/yr - ₹4.4 L/yr

View all

Similar Designation salaries in SBI Cards & Payment Services

Senior Business Development Manager Salary

(4 salaries)

₹3.2 L/yr - ₹18 L/yr

Business Development Associate Salary

(3 salaries)

₹1.75 L/yr - ₹2.2 L/yr

Business Development Executive Salary

(42 salaries)

₹1.3 L/yr - ₹3.4 L/yr

Business Manager Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Zonal Sales Manager Salary

(6 salaries)

₹15.1 L/yr - ₹40 L/yr

Assistant Sales Manager Salary

(11 salaries)

₹5.25 L/yr - ₹11 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Senior Sales Manager Salary

(5 salaries)

₹13 L/yr - ₹18 L/yr

Area Sales Manager Salary

(395 salaries)

₹5.2 L/yr - ₹15.5 L/yr

Territory Sales Manager Salary

(4 salaries)

₹3.1 L/yr - ₹8 L/yr

Salary related reviews for SBI Cards & Payment Services

3.2

Rated by 23 employees for salary & benefits

Relationship Manager in Bangalore / Bengaluru

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

Good at working

Salary - Excellent

+6 more

Dislikes

Good Working

Relationship Manager in Borivali West

Full Time

Credit Card Sales Department

1.0

• posted on 08 Dec 2022

1.0

for Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

Salary - Bad

+6 more

Sales Executive in Odisha

Innov pvt ltd Department

5.0

• posted on 07 Feb 2022

5.0

for Salary and Benefits

Likes

...ork environment and culture. There is a huge cafeterria and gaming for chilling. Company policy are good, appraisals are fair and they give salary hike and bonus every year. But this process not available because complete soon but ni hike salary no bunus so

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't adress our issues salary is decent but career growth is zero.

Sales Executive in Ernakulam

Credit Card Sales Department

1.0

• posted on 26 Feb 2022

1.0

for Salary and Benefits

Likes

The worst company ever.. and they are fraud they are cheating the candidates in the name of salary fraud there is no job security no benefits ntng

Dislikes

No salary they are cheated in the name of package and there is no attendance they are fraud

Salary - Bad

+6 more

Sales Manager in Hyderabad / Secunderabad

Other Department

3.0

• posted on 25 Mar 2022

4.0

for Salary and Benefits

Likes

Gives good compensation, job security and the management is good.

Salary - Good

+1 more

Dislikes

The sales department at SBI Card is pathetic. Long working hours (12-14 hrs) with no leaves across the calendar. You need to work even on Sunday’s and govt holidays. Work life balance at this particular department is pathetic.

Work satisfaction - Poor

+1 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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SBI Cards & Payment Services Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SBI Cards & Payment Services?

Business Development Manager salary at SBI Cards & Payment Services in India ranges between ₹1.8 Lakhs to ₹4.4 Lakhs for experience between 2 years to 8 years. According to our estimates it is 64% less than the average Business Development Manager Salary in India. Salary estimates are based on 62 latest salaries received from various employees of SBI Cards & Payment Services India.

How does the salary of a Business Development Manager at SBI Cards & Payment Services India compare with the average salary range for this job?

The average salary of a Business Development Manager at SBI Cards & Payment Services is 64% less 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 Cards & Payment Services to a Business Development Manager in India?

ICICI Home Finance Business Development Manager Salary - ₹10.0 Lakhs to ₹18.9 Lakhs per year
Federal Bank Business Development Manager Salary - ₹11.0 Lakhs to ₹13.3 Lakhs per year
Franklin Templeton Investments Business Development Manager Salary - ₹5.7 Lakhs to ₹18.0 Lakhs per year
Pine Labs Business Development Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year
Standard Chartered Business Development Manager Salary - ₹3.4 Lakhs to ₹12.5 Lakhs per year

What is the salary of a Business Development Manager in companies similar to SBI Cards & Payment Services in India?

Bank of India Business Development Manager Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
Bank of Maharashtra Business Development Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
Axis Direct Business Development Manager Salary - ₹4.9 Lakhs to ₹9.8 Lakhs per year
American Express Business Development Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.1 Lakhs to ₹8.9 Lakhs per year

What is the estimated take home salary of a Business Development Manager at SBI Cards & Payment Services in India?

The estimated take-home salary of a Business Development Manager at SBI Cards & Payment Services ranges between ₹19,221 per month to ₹20,896 per month in India. The take-home salary calculation is based on the average SBI Cards & Payment Services Business Development Manager salary in India which ranges between ₹1.8 Lakhs to ₹4.4 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at SBI Cards & Payment Services?

According to AmbitionBox, 70% of the SBI Cards & Payment Services Business Development Managers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 43 responses on AmbitionBox in last 2 years.

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SBI Cards & Payment Services Business Development Manager Salaries by Location

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SBI Cards & Payment Services Business Development Manager Salaries

SBI Cards & Payment Services Business Development Manager salary in India ranges between ₹1.8 Lakh to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 62 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.

SBI Cards & Payment Services Business Development Manager salaries in India (Updated 2025)

Companies similar to SBI Cards & Payment Services for Business Development Manager

Latest annual salaries shared by SBI Cards & Payment Services Business Development Manager

Experience wise SBI Cards & Payment Services Business Development Manager salaries

Similar Designation salaries in SBI Cards & Payment Services

Salary related reviews for SBI Cards & Payment Services

Relationship Manager in Bangalore / Bengaluru

Relationship Manager in Borivali West

Sales Executive in Odisha

Sales Executive in Ernakulam

Sales Manager in Hyderabad / Secunderabad

SBI Cards & Payment Services Business Development Manager Salary FAQs

Tell us how to improve this page.

SBI Cards & Payment Services Business Development Manager Salaries by Location