South Indian Bank Business Development Manager Salaries by 4 Employees (Updated 2025)

5 - 8 years exp.

₹4 Lakhs - ₹14.7 Lakhs

Low Confidence

Salary of majority employees

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9% more than the average Business Development Manager Salary in Banking Companies for 5 - 8 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 8 years exp. (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹15 L/yr
BFSI, Investments & Trading Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹10.9 L/yr - ₹13.3 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 8 Mar 2025

Companies similar to South Indian Bank for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Federal Bank Business Development Manager Salary 1 - 5 years exp. (3 salaries)	Unlock ₹11 L/yr - ₹13.3 L/yr 52% more
Karur Vysya Bank Business Development Manager Salary 3 - 8 years exp. (129 salaries)	Unlock ₹2.5 L/yr - ₹8 L/yr 48% less
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City Union Bank Business Development Manager Salary 2 - 14 years exp. (31 salaries)	Unlock ₹5.8 L/yr - ₹10.1 L/yr 3% less
CSB Bank Business Development Manager Salary 2 - 6 years exp. (11 salaries)	Unlock ₹2.1 L/yr - ₹5 L/yr 53% less
DBS Bank Business Development Manager Salary 3 - 14 years exp. (4 salaries)	Unlock ₹2.8 L/yr - ₹5 L/yr 51% less
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.4k salaries)	Unlock ₹1.8 L/yr - ₹5.3 L/yr 54% less	27 job openings
HDFC Bank Business Development Manager Salary 1 - 14 years exp. (128 salaries)	Unlock ₹2 L/yr - ₹10.4 L/yr 17% less
Axis Bank Business Development Manager Salary 0 - 10 years exp. (126 salaries)	Unlock ₹1.4 L/yr - ₹6.5 L/yr 53% less
ICICI Bank Business Development Manager Salary 0 - 8 years exp. (124 salaries)	Unlock ₹2 L/yr - ₹7 L/yr 18% less
Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	Unlock ₹1.5 L/yr - ₹8 L/yr 47% less
IDFC FIRST Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	Unlock ₹2.1 L/yr - ₹5 L/yr 63% less
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Jana Small Finance Bank Business Development Manager Salary 0 - 14 years exp. (25 salaries)	Unlock ₹2.5 L/yr - ₹7 L/yr 56% less
Yes Bank Business Development Manager Salary 3 - 6 years exp. (12 salaries)	Unlock ₹3.5 L/yr - ₹10 L/yr 34% less
Bandhan Bank Business Development Manager Salary 2 - 8 years exp. (7 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr 53% less
Paytm Payments Bank Business Development Manager Salary 1 - 5 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹3 L/yr 71% less
IDBI Bank Business Development Manager Salary 4 - 9 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹4.2 L/yr 60% less
Mashreq Bank Business Development Manager Salary 9 - 20 years exp. (4 salaries)	Unlock ₹17.6 L/yr - ₹42 L/yr 261% more
The Saraswat Co-operative Bank Business Development Manager Salary 1 - 2 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹3.6 L/yr 60% less
Ujjivan Small Finance Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹4 L/yr 55% less
Utkarsh Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹3.8 L/yr 64% less

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Business Development Manager salary at South Indian Bank ranges between ₹4 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Business Development Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹5.9 L/yr - ₹7.5 L/yr
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7 years (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹12.1 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹9 L/yr - ₹15 L/yr

Similar Designation salaries in South Indian Bank

Business Development Associate Salary

(AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr

Business Development Executive Salary

(30 salaries)

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₹1.75 L/yr - ₹3 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

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₹21.4 L/yr - ₹27.4 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

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₹11.2 L/yr - ₹14.3 L/yr

Area Sales Manager Salary

(7 salaries)

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₹8.04 L/yr - ₹14.9 L/yr

Regional Manager Salary

(3 salaries)

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₹12 L/yr - ₹19 L/yr

Branch Manager Salary

(51 salaries)

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₹8 L/yr - ₹19.8 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Relationship Manager Salary

(25 salaries)

Unlock

₹8 L/yr - ₹20 L/yr

Sales Manager Salary

(8 salaries)

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₹9.2 L/yr - ₹13 L/yr

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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South Indian Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at South Indian Bank?

Business Development Manager salary at South Indian Bank in India ranges between ₹4.0 Lakhs to ₹14.7 Lakhs for experience between 5 years to 8 years. According to our estimates it is 9% more than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of South Indian Bank India.

How does the salary of a Business Development Manager at South Indian Bank India compare with the average salary range for this job?

The average salary of a Business Development Manager at South Indian Bank is 9% more than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than South Indian Bank to a Business Development Manager in India?

Mashreq Bank Business Development Manager Salary - ₹17.6 Lakhs to ₹42.0 Lakhs per year
Federal Bank Business Development Manager Salary - ₹11.0 Lakhs to ₹13.3 Lakhs per year

What is the salary of a Business Development Manager in companies similar to South Indian Bank in India?

City Union Bank Business Development Manager Salary - ₹5.8 Lakhs to ₹10.1 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.4 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹7.0 Lakhs per year
Canara Bank Business Development Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
Yes Bank Business Development Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager at South Indian Bank in India?

The estimated take-home salary of a Business Development Manager at South Indian Bank ranges between ₹60,520 per month to ₹62,051 per month in India. The take-home salary calculation is based on the average South Indian Bank Business Development Manager salary in India which ranges between ₹4.0 Lakhs to ₹14.7 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at South Indian Bank?

According to AmbitionBox, 40% of the South Indian Bank Business Development Managers reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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South Indian Bank Business Development Manager Salaries by Location

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South Indian Bank Business Development Manager Salaries

South Indian Bank Business Development Manager salary in India ranges between ₹4 Lakhs to ₹14.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 South Indian Bank latest salaries received from various employees of South Indian Bank.

South Indian Bank Business Development Manager salaries in India (Updated 2025)

Companies similar to South Indian Bank for Business Development Manager

Latest annual salaries shared by South Indian Bank Business Development Manager

Experience wise South Indian Bank Business Development Manager salaries

Similar Designation salaries in South Indian Bank

Salary related reviews for South Indian Bank

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Officer in Ludhiana

Assistant Manager Operations in Chennai

Probationary Officer in New Delhi

Probationary Officer in Kochi

South Indian Bank Business Development Manager Salary FAQs

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