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

Annual salary range
5 - 8 years exp.
₹4 Lakhs - ₹14.7 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.
Avg. annual salary
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Monthly In-hand Salary

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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)
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₹9 L/yr - ₹15 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹10.9 L/yr - ₹13.3 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹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
Logo
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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 54% less
192 job openings
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₹2.5 L/yr - ₹8 L/yr

arrow icon 48% less
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HDFC Bank Business Development Manager Salary

1 - 14 years exp. (131 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 18% less
3 job openings
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ICICI Bank Business Development Manager Salary

0 - 8 years exp. (126 salaries)

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₹2 L/yr - ₹6.9 L/yr

arrow icon 19% less
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Axis Bank Business Development Manager Salary

0 - 8 years exp. (121 salaries)

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₹1.6 L/yr - ₹7.2 L/yr

arrow icon 52% less
1 job opening
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₹2.1 L/yr - ₹5 L/yr

arrow icon 62% less
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₹1.5 L/yr - ₹8 L/yr

arrow icon 42% less
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₹5.4 L/yr - ₹10.1 L/yr

arrow icon 4% less
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₹2.5 L/yr - ₹7 L/yr

arrow icon 56% less
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Yes Bank Business Development Manager Salary

3 - 6 years exp. (11 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 37% less
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₹1.8 L/yr - ₹5 L/yr

arrow icon 53% less
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₹12.5 L/yr - ₹18 L/yr

arrow icon 106% more
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₹2 L/yr - ₹3 L/yr

arrow icon 71% less
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₹2 L/yr - ₹4.2 L/yr

arrow icon 60% less
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₹17.6 L/yr - ₹42 L/yr

arrow icon 261% more
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₹3 L/yr - ₹3.6 L/yr

arrow icon 60% less
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₹3.5 L/yr - ₹4 L/yr

arrow icon 55% less
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₹2.4 L/yr - ₹3.8 L/yr

arrow icon 64% less
Logo
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₹2.7 L/yr - ₹7 L/yr

arrow icon 33% less
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₹11 L/yr - ₹13.3 L/yr

arrow icon 52% more
View all
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.

Latest annual salaries shared by South Indian Bank Business Development Manager

3d ago
₹15 Lakhs
8 years exp.
3mo ago
₹9 Lakhs
8 years exp.
9mo ago
₹4 Lakhs
5 years exp.
1y ago
₹12.1 Lakhs
7 years exp.

Experience wise South Indian Bank Business Development Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹4 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹12.1 L/yr
8 years (AmbitionBox Estimate)

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₹9 L/yr - ₹15 L/yr

Similar Designation salaries in South Indian Bank

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₹2 L/yr - ₹2.5 L/yr
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₹1.75 L/yr - ₹3.2 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
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₹8.04 L/yr - ₹14.9 L/yr
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₹12 L/yr - ₹19 L/yr
Branch Manager Salary
(54 salaries)
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₹9 L/yr - ₹20.42 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr
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₹8 L/yr - ₹20 L/yr
Sales Manager Salary
(9 salaries)
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₹9.2 L/yr - ₹13 L/yr

Salary related reviews for South Indian Bank

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.

read more
  • 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.

read more
  • Work satisfaction - Bad
  • +1 more

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

read more
  • Skill development - Bad
  • +5 more

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

read more
  • Skill development - Poor
  • +3 more

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

read more
  • Skill development - Bad
  • +4 more

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

read more
  • Work satisfaction - Bad
  • +2 more
see more salary related reviews

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South Indian Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at South Indian Bank ?
The average salary of a Business Development Manager at South Indian Bank in India typically ranges from ₹4.0 Lakhs to ₹14.7 Lakhs per year, depending on experience (from 5 years to 8 years).

The top 10% of Business Development Manager at South Indian Bank earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Business Development Manager Salaries at South Indian Bank 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 South Indian Bank employees in India.
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 in India typically ranges from ₹60,520 to ₹62,051 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹14.7 Lakhs per year for employees with experience ranging from 5 years to 8 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 South Indian Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than South Indian Bank for Business Development Manager in India?
Mashreq Bank ₹17.6 Lakhs to ₹42.0 Lakhs per year
Emirates NBD ₹12.5 Lakhs to ₹30.0 Lakhs per year
First Abu Dhabi Bank ₹12.5 Lakhs to ₹18.0 Lakhs per year
Federal Bank ₹11.0 Lakhs to ₹13.3 Lakhs per year

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

City Union Bank ₹5.4 Lakhs to ₹10.1 Lakhs per year
HDFC Bank ₹2.0 Lakhs to ₹12.0 Lakhs per year
ICICI Bank ₹2.0 Lakhs to ₹6.9 Lakhs per year
Canara Bank ₹2.7 Lakhs to ₹7.0 Lakhs per year
Yes Bank ₹4.0 Lakhs to ₹10.0 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 South Indian Bank in India?
The salary growth for a Business Development Manager at South Indian Bank depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at South Indian Bank:

Experience Average Salary Range
5 years ₹4.0 Lakhs to ₹4.0 Lakhs per year
6 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
7 years ₹3.9 Lakhs to ₹12.1 Lakhs per year
8 years ₹9.0 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

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