South Indian Bank Chennai Business Development Executive Salaries by 3 Employees (Updated 2025)

4 - 6 years exp.

₹2 Lakhs - ₹2.1 Lakhs

Low Confidence

Salary of majority employees

48% less than the average Business Development Executive Salary in Banking Companies for 4 - 6 years of experience

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Last Updated: 31 Jan 2025

Companies similar to South Indian Bank for Business Development Executive in Chennai

South Indian Bank Business Development Executive Salary

4 - 6 years exp. (3 salaries)

₹2 L/yr - ₹2.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Karur Vysya Bank Business Development Executive Salary 0 - 6 years exp. (18 salaries)	₹2.2 L/yr - ₹3.8 L/yr 27% more
CSB Bank Business Development Executive Salary 0 - 4 years exp. (14 salaries)	₹2.3 L/yr - ₹3.5 L/yr 38% more	2 job openings
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Axis Bank Business Development Executive Salary 0 - 7 years exp. (68 salaries)	₹1.4 L/yr - ₹4 L/yr 19% more
Jana Small Finance Bank Business Development Executive Salary 0 - 6 years exp. (58 salaries)	₹1.8 L/yr - ₹4.5 L/yr 51% more	12 job openings
IndusInd Bank Business Development Executive Salary 0 - 5 years exp. (17 salaries)	₹1.8 L/yr - ₹3.6 L/yr 17% more	19 job openings
ICICI Bank Business Development Executive Salary 0 - 6 years exp. (17 salaries)	₹0.8 L/yr - ₹4.5 L/yr 12% more
HDFC Bank Business Development Executive Salary 0 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr 10% more
IDBI Bank Business Development Executive Salary 1 - 3 years exp. (5 salaries)	₹2 L/yr - ₹2.9 L/yr 35% more
IDFC FIRST Bank Business Development Executive Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.6 L/yr 4% more
Kotak Mahindra Bank Business Development Executive Salary 2 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3.3 L/yr 25% more

Business Development Executive salary at South Indian Bank ranges between ₹2 Lakhs to ₹2.1 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Business Development Executive salaries in Chennai

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr
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6 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr

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Salary related reviews for South Indian Bank

Assistant Manager in Kochi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 10 May 2024

4.0

for Salary and Benefits

Likes

Salary assured for IBA pay scale staff. No assurance for CTC staff. Not sure what will happen in salary for IBA scale staffs in coming years.

Salary - Good

+1 more

Dislikes

Work culture and work life balance adversely affected after introduction of cluster system in 2021. Excellent in alloting huge targets but worst in getting assistance for departments in solving customer complaints. Mental and physical health of staff seriously affected. Threatening messages through WhatsApp. Have to contact customers through personal mobile so that staff has to attend customer while at home and holidays.

Work satisfaction - Bad

+1 more

Officer in Ludhiana

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 May 2024

4.0

for Salary and Benefits

Likes

Salary benefits

Salary - Good

Dislikes

Worst Work Culture,don't waste your potential just for few more money.Huge Target Pressure and Politics, Nepotism at peak only malayali people sit and enjoy being here ,while other staff are tortured , harassed on daily basis.No matter how Educated,good Employee you're if you don't meet their Targets and don't Butter your senior each and every minute.People in Other part of India except kerela don't even know About Bank so think about it how difficult will be To meet Target,even if you meet Targets you have to Butter.If you like to get treated like animal then you guys can join

Skill development - Bad

+5 more

Assistant Manager Operations in Chennai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 19 Jan 2025

5.0

for Salary and Benefits

Likes

Only salary and allowance at par with IBA till date.....

Salary - Excellent

Dislikes

There is no continuous Management at top level sudden changing in the management only orders and circular issuance.There is lot of higher ups to supervise us and sought us No one will come for ground work not recommended for youngsters

Skill development - Poor

+3 more

Probationary Officer in New Delhi

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 27 Jul 2024

3.0

for Salary and Benefits

Likes

Less Pressure Salary, Perks & Other benefit

Dislikes

Words Would be Less to Describe the Disliking Outdated Bank Policies Terrible Management at top No Vision to Serve & Retain Good Customers No Marketing & Promotion Brand Name is hardly Known to people

Skill development - Bad

+4 more

Probationary Officer in Kochi

Full Time

Data Science & Analytics Department

4.0

• posted on 08 Oct 2023

5.0

for Salary and Benefits

Likes

Salary and work structure is just like a Govt. bank. IBA scales are maintained. Also the work life balance is quite decent compared to other private sector banks. Most of the employees are quite young (below 35 years) so that is an added advantage too.

Salary - Excellent

+5 more

Dislikes

Sometime too much of regulations and rules hurt the business

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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South Indian Bank Business Development Executive Salary FAQs

What is the notice period for Business Development Executive at South Indian Bank in Chennai?

According to AmbitionBox, 100% of the South Indian Bank Business Development Executives in Chennai reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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South Indian Bank Business Development Executive Salaries in Chennai

South Indian Bank Business Development Executive salary in Chennai ranges between ₹2 Lakhs to ₹2.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 South Indian Bank latest salaries received from various employees of South Indian Bank.

South Indian Bank Business Development Executive salaries in Chennai

Companies similar to South Indian Bank for Business Development Executive in Chennai

Latest annual salaries shared by South Indian Bank Business Development Executive in Chennai

Experience wise South Indian Bank Business Development Executive salaries in Chennai

Similar Designation salaries in South Indian Bank

Salary related reviews for South Indian Bank

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South Indian Bank Business Development Executive Salary FAQs

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