SBI Securities Business Development Manager Salaries by 4 Employees (Updated 2025)

2 - 10 years exp.

₹2.4 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Business Development Manager Salary in Financial Services Companies for 2 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
Data Science & Analytics Business Development Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Marketing & Communication Business Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹12.6 L/yr
Sales & Business Development Business Development Manager Salary 10 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 16 Mar 2023

Companies similar to SBI Securities 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 19% more
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 39% 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 6% less
Axis Direct Business Development Manager Salary 1 - 12 years exp. (6 salaries)	₹5 L/yr - ₹9.8 L/yr 41% more
Sharekhan Business Development Manager Salary 2 - 5 years exp. (4 salaries)	₹4.8 L/yr - ₹11.8 L/yr 49% more
Angel One Business Development Manager Salary 1 - 9 years exp. (156 salaries)	₹1.2 L/yr - ₹5.9 L/yr 15% less	10 job openings
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 26% less
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (14 salaries)	₹2.3 L/yr - ₹7.3 L/yr 19% less
Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (35 salaries)	₹2.2 L/yr - ₹9 L/yr 7% more
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 33% more
HDFC Sales Business Development Manager Salary 2 - 6 years exp. (12 salaries)	₹2.4 L/yr - ₹4 L/yr 34% less
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Citigroup Business Development Manager Salary 1 - 7 years exp. (7 salaries)	₹14 L/yr - ₹23 L/yr 271% more
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 329% more
Cholamandalam Investment & Finance Business Development Manager Salary 4 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 37% less
Aon Business Development Manager Salary 1 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 108% more

Business Development Manager salary at SBI Securities ranges between ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Business Development Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹11.7 L/yr
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹10.1 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8.6 L/yr
7 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr
9 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.6 L/yr

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Similar Designation salaries in SBI Securities

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹36 L/yr - ₹46 L/yr

Business Development Executive Salary

(3 salaries)

₹2 L/yr - ₹3 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹4 L/yr - ₹4.5 L/yr

Senior Sales Manager Salary

(4 salaries)

₹2.75 L/yr - ₹6 L/yr

Area Sales Manager Salary

(17 salaries)

₹2.05 L/yr - ₹6.75 L/yr

Territory Sales Manager Salary

(3 salaries)

₹3 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(43 salaries)

₹5.09 L/yr - ₹16 L/yr

Regional Manager Salary

(4 salaries)

₹14 L/yr - ₹23 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Top skills at SBI Securities for Business Development Manager

Business Development Management Sales Planning Strategic Planning Property Sales Strategy Business Development Data Analysis bdm Strategic Business Planning Auto Loans Real Estate Sales Excel Powerpoint Real Estate Marketing Sales auto finance

Salary related reviews for SBI Securities

Sales Executive in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

1.0

• posted on 10 Oct 2023

1.0

for Salary and Benefits

Likes

No writing west company no one told previous joining after joining u did not notice period serving u have pay thuthupalish company get way I'm really soryy I'm working in this company bye forever

Dislikes

This company are disliked

Sales Manager in Chandigarh

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 10 Jul 2024

1.0

for Salary and Benefits

Likes

...ife balance,lots of Pressure in Third party Insurance. No HR and Senior Support. No salary and Appraisals

Dislikes

No salary satisfaction and appraisal No HR and Senior support Pressure of Selling of third party products like mutual funds, General Insurance/Health, Brokerage Customer Requirement

Sales Executive in Jaipur

Full Time

Sales & Business Development Department

5.0

• posted on 30 Aug 2022

3.0

for Salary and Benefits

Likes

Timely salary, Easily and achievable targets, Best part is its process and working, High authorities are always supported, Office head also very supportive person.

Dislikes

Inner politics, team leaders attitude towards employee, SM is not trustable.

Sales Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 18 Sep 2020

1.0

for Salary and Benefits

Likes

Good work environment and culture . Teammates are supporting well no salary deduction in covid -19,Thanks for company supporting in creitacal situation ,my request is salary correction

Dislikes

I have 6yers experience hear but salary not satisfied ,new joinee are getting more then me almost double for same position There is a bond of 6 years with this company

Relationship Manager in Kota

Sales & Business Development Department

5.0

• posted on 06 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management is transparent

Dislikes

There is a lot of politics and the management doesn't address our issue. Salary is decent but career growth is slow. There is a bond of 2years before which you cannot resign.On the job training is not given to new joiners.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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SBI Securities Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SBI Securities?

Business Development Manager salary at SBI Securities in India ranges between ₹2.4 Lakhs to ₹6.5 Lakhs for experience between 2 years to 10 years. According to our estimates it is 36% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SBI Securities India.

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

The average salary of a Business Development Manager at SBI Securities is 36% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at SBI Securities?

Business Development Management, Sales Planning, Strategic Planning, Property and Sales Strategy are some of the popular skills required to work as a Business Development Manager at SBI Securities India.

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

HSBC Group Business Development Manager Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Citigroup Business Development Manager Salary - ₹14.0 Lakhs to ₹23.0 Lakhs per year
Aon Business Development Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
Sharekhan Business Development Manager Salary - ₹4.8 Lakhs to ₹11.8 Lakhs per year
Axis Direct Business Development Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year

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

American Express Business Development Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
ICICI Securities Business Development Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
Motilal Oswal Financial Services Business Development Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
Kotak Securities Business Development Manager Salary - ₹3.1 Lakhs to ₹5.2 Lakhs per year
Angel One Business Development Manager Salary - ₹1.2 Lakhs to ₹5.9 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at SBI Securities ranges between ₹35,928 per month to ₹37,154 per month in India. The take-home salary calculation is based on the average SBI Securities Business Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the SBI Securities Business Development Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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SBI Securities Business Development Manager Salaries

SBI Securities Business Development Manager salary in India ranges between ₹2.4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SBI Securities latest salaries received from various employees of SBI Securities.