South Indian Bank Business Development Officer Salaries by 5 Employees (Updated 2025)

0 - 10 years exp.

₹5.6 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

141% more than the average Business Development Officer Salary in Banking Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Officer Salary 3 - 10 years exp. (3 salaries)	₹7 L/yr - ₹14 L/yr
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Marketing & Communication Business Development Officer Salary Fresher (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr

Last Updated: 3 Feb 2025

Companies similar to South Indian Bank for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Development Officer Salary 0 - 5 years exp. (291 salaries)	₹1.2 L/yr - ₹3.8 L/yr 73% less
HDFC Bank Business Development Officer Salary 0 - 6 years exp. (182 salaries)	₹1.2 L/yr - ₹3.6 L/yr 73% less
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Karur Vysya Bank Business Development Officer Salary 3 - 8 years exp. (170 salaries)	₹3 L/yr - ₹5.1 L/yr 58% less
IDFC FIRST Bank Business Development Officer Salary 0 - 6 years exp. (145 salaries)	₹1.1 L/yr - ₹4 L/yr 75% less
Axis Bank Business Development Officer Salary 0 - 5 years exp. (58 salaries)	₹1.7 L/yr - ₹3.6 L/yr 72% less
IDBI Bank Business Development Officer Salary 0 - 8 years exp. (43 salaries)	₹1.2 L/yr - ₹3.6 L/yr 71% less
Kotak Mahindra Bank Business Development Officer Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹4 L/yr 68% less
The Saraswat Co-operative Bank Business Development Officer Salary 1 - 6 years exp. (23 salaries)	₹3 L/yr - ₹4 L/yr 60% less
Jana Small Finance Bank Business Development Officer Salary 0 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹4.6 L/yr 68% less
First Abu Dhabi Bank Business Development Officer Salary 4 - 12 years exp. (7 salaries)	₹11.4 L/yr - ₹14.6 L/yr 32% more
IndusInd Bank Business Development Officer Salary 0 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr 71% less
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Yes Bank Business Development Officer Salary 0 - 5 years exp. (5 salaries)	₹0.6 L/yr - ₹2.4 L/yr 85% less
Bandhan Bank Business Development Officer Salary 1 - 5 years exp. (4 salaries)	₹1.7 L/yr - ₹4 L/yr 72% less
RBL Bank Business Development Officer Salary 0 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹3.5 L/yr 67% less
Ujjivan Small Finance Bank Business Development Officer Salary 0 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 54% less

Business Development Officer salary at South Indian Bank ranges between ₹5.6 Lakhs to ₹14 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 5 latest salaries received from various employees of South Indian Bank.

Experience wise South Indian Bank Business Development Officer salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)	₹5.6 L/yr - ₹11.9 L/yr
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2 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹14 L/yr
4 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.6 L/yr
5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹8 L/yr - ₹18.3 L/yr
8 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
9 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.1 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹14 L/yr

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Similar Designation salaries in South Indian Bank

Business Development Manager Salary

(4 salaries)

₹4 L/yr - ₹14.71 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Business Development Executive Salary

(30 salaries)

₹1.75 L/yr - ₹3 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹21.4 L/yr - ₹27.4 L/yr

Sales Executive Salary

(28 salaries)

₹1.45 L/yr - ₹3 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹11.2 L/yr - ₹14.3 L/yr

Area Sales Manager Salary

(7 salaries)

₹8.04 L/yr - ₹14.9 L/yr

Branch Manager Salary

(50 salaries)

₹7 L/yr - ₹19 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 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

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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South Indian Bank Business Development Officer Salary FAQs

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

The average salary of a Business Development Officer at South Indian Bank in India typically ranges from ₹5.6 Lakhs to ₹14.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Business Development Officer at South Indian Bank earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Business Development Officer 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 5 South Indian Bank employees in India.

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

The estimated take-home salary of a Business Development Officer at South Indian Bank in India typically ranges from ₹65,532 to ₹67,206 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from Fresher 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 5 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 Officer in India?

First Abu Dhabi Bank

₹11.4 Lakhs to ₹14.6 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 Officer in companies similar to South Indian Bank in India?

The salary of a Business Development Officer at companies similar to South Indian Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ujjivan Small Finance Bank	₹2.9 Lakhs to ₹5.0 Lakhs per year
Karur Vysya Bank	₹3.0 Lakhs to ₹5.1 Lakhs per year
The Saraswat Co-operative Bank	₹3.0 Lakhs to ₹4.0 Lakhs per year
RBL Bank	₹2.6 Lakhs to ₹3.5 Lakhs per year
Jana Small Finance Bank	₹1.8 Lakhs to ₹4.6 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 Officer at South Indian Bank in India?

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

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹9.0 Lakhs per year
1 year	₹5.6 Lakhs to ₹11.9 Lakhs per year
2 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
3 years	₹7.0 Lakhs to ₹14.0 Lakhs per year

and so on.

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South Indian Bank Business Development Officer Salaries

South Indian Bank Business Development Officer salary in India ranges between ₹5.6 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 South Indian Bank latest salaries received from various employees of South Indian Bank.