SBI Securities Mumbai Business Development Manager Salaries by 2 Employees

4 - 11 years exp.

₹13.7 Lakhs - ₹17.5 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

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Salaries in different departments

Marketing & Communication Business Development Manager Salary 4 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹12.6 L/yr
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Sales & Business Development Business Development Manager Salary 11 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20.9 L/yr

Last Updated: 8 Dec 2024

Companies similar to SBI Securities for Business Development Manager in Mumbai

SBI Securities Business Development Manager Salary

4 - 11 years exp. (AmbitionBox Estimate)

₹13.7 L/yr - ₹17.5 L/yr

Company name	Avg Annual Salary	Open Jobs
American Express Business Development Manager Salary 6 - 8 years exp. (8 salaries)	₹4 L/yr - ₹12 L/yr 55% less
Citicorp Business Development Manager Salary 2 - 10 years exp. (8 salaries)	₹11.2 L/yr - ₹36 L/yr 40% more
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HDFC Sales Business Development Manager Salary 2 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹2.9 L/yr 81% less
HSBC Group Business Development Manager Salary 4 - 7 years exp. (3 salaries)	₹17 L/yr - ₹35 L/yr 54% more	3 job openings
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (194 salaries)	₹2 L/yr - ₹5 L/yr 76% less	190 job openings

Business Development Manager salary at SBI Securities ranges between ₹13.7 Lakhs to ₹17.5 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of SBI Securities.

Similar Designation salaries in SBI Securities

Deputy Manager Salary

(40 salaries)

₹5.09 L/yr - ₹15.7 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

How the salary growth look like for a Business Development Manager at SBI Securities in Mumbai?

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

Experience	Average Salary Range
4 years	₹10.3 Lakhs to ₹13.2 Lakhs per year
11 years	₹17.1 Lakhs to ₹21.9 Lakhs per year

and so on.

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SBI Securities Business Development Manager Salaries in Mumbai

SBI Securities Business Development Manager salary in Mumbai ranges between ₹13.7 Lakhs to ₹17.5 Lakhs. This is an estimate based on latest salaries received from employees of SBI Securities.