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SMERA Ratings Business Development Manager salaries in India

Annual salary range
1 - 10 years exp.
₹1.8 Lakh - ₹4.3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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56% less than the average Business Development Manager Salary in FinTech Companies for 1 - 10 years of experience

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Salaries in different departments

Production, Manufacturing & Engineering
Business Development Manager Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹3.1 L/yr

Sales & Business Development
Business Development Manager Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Last Updated: 15 Mar 2023

Companies similar to SMERA Ratings for Business Development Manager

Company name Avg Annual Salary Open Jobs
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PhonePe Business Development Manager Salary

1 - 7 years exp. (40 salaries)

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₹2.5 L/yr - ₹5.8 L/yr

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Unimoni Business Development Manager Salary

0 - 10 years exp. (16 salaries)

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₹2.2 L/yr - ₹5 L/yr

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Razorpay Business Development Manager Salary

3 - 10 years exp. (11 salaries)

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₹2.8 L/yr - ₹8.2 L/yr

arrow icon 43% more
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Mobikwik Business Development Manager Salary

3 - 12 years exp. (11 salaries)

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₹9 L/yr - ₹18 L/yr

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₹2.8 L/yr - ₹5.2 L/yr

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₹17 L/yr - ₹21 L/yr

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PayPal Business Development Manager Salary

5 - 10 years exp. (6 salaries)

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₹10 L/yr - ₹21 L/yr

arrow icon 290% more
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ACKO Business Development Manager Salary

2 - 6 years exp. (6 salaries)

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₹3 L/yr - ₹9.5 L/yr

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2 job openings
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₹17.8 L/yr - ₹44 L/yr

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₹4.6 L/yr - ₹7.1 L/yr

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RapiPay Business Development Manager Salary

3 - 12 years exp. (5 salaries)

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₹3.3 L/yr - ₹5 L/yr

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BharatPe Business Development Manager Salary

3 - 8 years exp. (5 salaries)

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₹3.5 L/yr - ₹5.1 L/yr

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₹7.4 L/yr - ₹12 L/yr

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₹6 L/yr - ₹8 L/yr

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₹5.2 L/yr - ₹6.2 L/yr

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₹3.5 L/yr - ₹4.7 L/yr

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MasterCard Business Development Manager Salary

10 - 12 years exp. (3 salaries)

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₹27.1 L/yr - ₹35 L/yr

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Business Development Manager salary at SMERA Ratings ranges between ₹1.8 Lakh to ₹4.3 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SMERA Ratings.

Latest annual salaries shared by SMERA Ratings Business Development Manager

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3 years exp.
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10 years exp.
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7 years exp.

Experience wise SMERA Ratings Business Development Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
View all

Similar Designation salaries in SMERA Ratings

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₹4 L/yr - ₹6 L/yr
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₹2.3 L/yr - ₹3 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.5 L/yr
Deputy Manager Salary
(4 salaries)
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₹4.5 L/yr - ₹10.6 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Sales Manager Salary
(3 salaries)
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₹4.2 L/yr - ₹4.5 L/yr
Area Manager Salary
(3 salaries)
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₹7.95 L/yr - ₹14.5 L/yr

Top skills at SMERA Ratings for Business Development Manager

Financial Markets Analytical Health Insurance Client Retention Corporate Retention Strategies Relationship Hindi Business Development Monitoring Presales CFA Credit Rating Financial Advisory Financial Services

Salary related reviews for SMERA Ratings

3.0

Rated by 5 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 17 Oct 2023

3.0
 for  Salary and Benefits

Likes

Just that I get to learn a lot from the management (internal) and from the different businesses (clients) (external).

  • Skill development - Good

Dislikes

No recognition. Excessive work despite time up at 7pm. Slow software RAMAN, Rude Team Leaders

Intern

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 19 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Higher management is the worst, I have ever seen. They don't have any professionalism and any manner to talk with subordinates. Higher managers are doing chitchats about everyone's personal life and they like juniors who are doing buttering.

read more
  • Salary - Bad
  • +6 more

Construction & Site Engineering Department

4.0
  •  posted on 09 Apr 2021

3.0
 for  Salary and Benefits

Likes

All types of work rates final with clients. All contractor selection, scheduling making, drawing study, Billing work as work order, weekly meetings attending and site, etc problem solving within 1 to 2 days. Every bill submit with approved copy and drawings.

read more
  • Skill development - Good
  • +1 more

Dislikes

Some time Labour issue on site.

Surveillance Team Department

3.0
  •  posted on 03 Apr 2021

3.0
 for  Salary and Benefits

Likes

IF you are in surveillance team its the best or analyst team

  • Skill development - Excellent
  • +1 more

Dislikes

Sales team are looked down by analyst, even though its sales team who is bringing them work and affording their salary. CEO is delusional and kairav shah (VP) and other sales team is pretty great. Not the worst..its fine better than other corporate companies.

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BFSI, Investments & Trading Department

2.0
  •  posted on 13 May 2019

1.0
 for  Salary and Benefits

Likes

Supportive colleagues

Dislikes

Poor work culture, incompetent top management. Poor decision making and organizational skills of top management. Lots of partiality and favourism. Only boot lickers can survive. Many talented people have left the organisation due to this. Moreover, one who does quality works doesn't get recognition coz buttering top management is important. Some of the outstation team leaders doesn't even knows anything and makes all sorts excuses in case of any complex cases to be handled. New joinees never get any chances for learning coz all the quality people have left. Some senior people never even bother to help or answer any questions in case of any genuine doubt, instead will shout, demoralize and will harass in different ways. The company knows only one thing - targets..irrespective of quality. No work life balance, saturday is holiday as per paper however they expect you to be there on saturday or else they will call or drop a mail. Women employees leave home late night however management is ignorant of the safety.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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SMERA Ratings Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SMERA Ratings ?
The average salary of a Business Development Manager at SMERA Ratings in India typically ranges from ₹1.8 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Business Development Manager at SMERA Ratings earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Business Development Manager Salaries at SMERA Ratings 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 4 SMERA Ratings employees in India.
What is the estimated take home salary of a Business Development Manager at SMERA Ratings in India?
The estimated take-home salary of a Business Development Manager at SMERA Ratings in India typically ranges from ₹24,214 to ₹25,664 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 1 year to 10 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 4 salaries received from various employees of SMERA Ratings. 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 SMERA Ratings ?
To be a Business Development Manager at SMERA Ratings in india, the key skills required include:

  • - Financial Markets
  • - Analytical
  • - Health Insurance
  • - Client Retention
  • - Corporate

These skills are highly valued at SMERA Ratings and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than SMERA Ratings for Business Development Manager in India?
Western Union ₹17.8 Lakhs to ₹44.0 Lakhs per year
MasterCard ₹27.1 Lakhs to ₹35.0 Lakhs per year
HighRadius ₹17.0 Lakhs to ₹21.0 Lakhs per year
PayPal ₹10.0 Lakhs to ₹21.0 Lakhs per year
Mobikwik ₹9.0 Lakhs to ₹18.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SMERA Ratings, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to SMERA Ratings in India?
The salary of a Business Development Manager at companies similar to SMERA Ratings in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Insolutions Global ₹7.4 Lakhs to ₹12.0 Lakhs per year
Hitachi Payment Services ₹6.0 Lakhs to ₹8.0 Lakhs per year
PayU Payments ₹4.6 Lakhs to ₹7.1 Lakhs per year
Clix Capital Services ₹5.2 Lakhs to ₹6.2 Lakhs per year
Razorpay ₹2.8 Lakhs to ₹8.2 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 SMERA Ratings in India?
The salary growth for a Business Development Manager at SMERA Ratings depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at SMERA Ratings:

Experience Average Salary Range
1 year ₹1.8 Lakhs to ₹5.9 Lakhs per year
2 years ₹2.9 Lakhs to ₹3.8 Lakhs per year
3 years ₹1.8 Lakhs to ₹5.9 Lakhs per year
4 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

SMERA Ratings Business Development Manager salary in India ranges between ₹1.8 Lakh to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 SMERA Ratings latest salaries received from various employees of SMERA Ratings.