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

4 - 6 years exp.

₹2 Lakhs - ₹2.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

49% 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
Axis Bank Business Development Executive Salary 0 - 7 years exp. (67 salaries)	₹1.4 L/yr - ₹4.3 L/yr 28% more	1 job opening
Jana Small Finance Bank Business Development Executive Salary 0 - 5 years exp. (50 salaries)	₹1.8 L/yr - ₹4.5 L/yr 51% more	2 job openings
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IndusInd Bank Business Development Executive Salary 0 - 4 years exp. (17 salaries)	₹1.8 L/yr - ₹4 L/yr 26% more	100 job openings
ICICI Bank Business Development Executive Salary 0 - 6 years exp. (17 salaries)	₹0.8 L/yr - ₹4.5 L/yr 13% more
Karur Vysya Bank Business Development Executive Salary 0 - 5 years exp. (17 salaries)	₹2.2 L/yr - ₹3.8 L/yr 29% more	4 job openings
HDFC Bank Business Development Executive Salary 0 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr 22% more
IDBI Bank Business Development Executive Salary 1 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3.1 L/yr 40% more
IDFC FIRST Bank Business Development Executive Salary 1 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.6 L/yr 14% more
Kotak Mahindra Bank Business Development Executive Salary 2 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹3.3 L/yr 28% 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)	₹1.9 L/yr - ₹2.4 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 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

Customer Service Associate in Coimbatore

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

Salary and other allowances

Salary - Excellent

+2 more

Dislikes

Work culture, constant transfers, to much of target pressure and malayalees groupism. There is job security but there won't be peace of mind after joining there. You will resign after going through a extenst

Work satisfaction - Bad

+2 more

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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South Indian Bank Business Development Executive Salary FAQs

How the salary growth look like for a Business Development Executive at South Indian Bank in Chennai?

The salary growth for a Business Development Executive at South Indian Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Business Development Executive in Chennai can expect the following growth trajectory at South Indian Bank:

Experience	Average Salary Range
4 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
5 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
6 years	₹1.9 Lakhs to ₹2.4 Lakhs per year

and so on.

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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 (Updated 2025)

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

Assistant Manager in Kochi

Officer in Ludhiana

Assistant Manager Operations in Chennai

Probationary Officer in New Delhi

Customer Service Associate in Coimbatore

South Indian Bank Business Development Executive Salary FAQs

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