SBI Securities Business Development Manager Salaries by 5 Employees (Updated 2025)

4 - 11 years exp.

₹5.2 Lakhs - ₹9.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Business Development Manager Salary in Financial Services Companies for 4 - 11 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹19 L/yr
BFSI, Investments & Trading Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 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
Legal & Regulatory Business Development Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to SBI Securities for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Citicorp Business Development Manager Salary 1 - 11 years exp. (50 salaries)	₹9.3 L/yr - ₹36 L/yr 189% more
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 15% less
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ICICI Securities Business Development Manager Salary 1 - 13 years exp. (12 salaries)	₹3.5 L/yr - ₹8 L/yr 13% less
HDFC Sales Business Development Manager Salary 2 - 6 years exp. (12 salaries)	₹2.4 L/yr - ₹4 L/yr 57% less
Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 8% less
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 176% more	3 job openings
Bajaj Capital Business Development Manager Salary 2 - 12 years exp. (5 salaries)	₹2.5 L/yr - ₹6.2 L/yr 34% less
Cholamandalam Investment & Finance Business Development Manager Salary 4 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 60% less
Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 39% less
Aon Business Development Manager Salary 1 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 34% more
Radiant Cash Management Services Business Development Manager Salary 5 - 11 years exp. (4 salaries)	₹5.4 L/yr - ₹10 L/yr 7% more
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Business Development Manager salary at SBI Securities ranges between ₹5.2 Lakhs to ₹9.7 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of SBI Securities.

Experience wise SBI Securities Business Development Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹9.4 L/yr
5 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.7 L/yr
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6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹11.7 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
10 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹16.3 L/yr
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹17.4 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)

₹2.4 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

(46 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 Visakhapatnam

Full Time

Sales & Business Development Department

5.0

• posted on 19 Mar 2025

5.0

for Salary and Benefits

Likes

My work is in branch customer service and give them demat account and explained smart value plans this is my work. I like customer service.

Salary - Excellent

+3 more

Dislikes

...t value plans because customer not interested doing trading. this is my problem.salary is not good, promotions very slow, not permanently job role.

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

Salary - Bad

+6 more

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.

Skill development - Good

+4 more

Dislikes

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

Promotions - Poor

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

Skill development - Excellent

+2 more

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

Salary - Bad

+2 more

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

Skill development - Good

+5 more

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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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SBI Securities Business Development Manager Salary FAQs

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

The average salary of a Business Development Manager at SBI Securities in India typically ranges from ₹5.2 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of Business Development Manager at SBI Securities earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Business Development Manager Salaries at SBI Securities 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 5 SBI Securities employees in India.

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 in India typically ranges from ₹55,439 to ₹56,827 per month. This is based on the average salary range of ₹5.2 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 4 years 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 5 salaries received from various employees of SBI Securities. 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 SBI Securities ?

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

- Business Development Management
- Sales Planning
- Strategic Planning
- Property
- Sales Strategy

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

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

Citicorp	₹9.3 Lakhs to ₹36.0 Lakhs per year
HSBC Group	₹12.0 Lakhs to ₹35.0 Lakhs per year
Aon	₹5.0 Lakhs to ₹13.0 Lakhs per year
Radiant Cash Management Services	₹5.4 Lakhs to ₹10.0 Lakhs per year

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

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

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

Axis Direct	₹4.9 Lakhs to ₹9.8 Lakhs per year
ICICI Securities	₹3.5 Lakhs to ₹8.0 Lakhs per year
American Express	₹3.0 Lakhs to ₹9.0 Lakhs per year
Bajaj Capital	₹2.5 Lakhs to ₹6.2 Lakhs per year
Kotak Securities	₹3.1 Lakhs to ₹5.2 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 SBI Securities in India?

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

Experience	Average Salary Range
4 years	₹2.1 Lakhs to ₹9.4 Lakhs per year
5 years	₹5.3 Lakhs to ₹6.7 Lakhs per year
6 years	₹2.4 Lakhs to ₹11.7 Lakhs per year
7 years	₹6.4 Lakhs to ₹8.2 Lakhs per year

and so on.

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SBI Securities Business Development Manager Salaries

SBI Securities Business Development Manager salary in India ranges between ₹5.2 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 SBI Securities latest salaries received from various employees of SBI Securities.