Stock Holding Corporation of India Mumbai Business Development Officer Salaries by 4 Employees

0 - 5 years exp.

₹1.6 Lakh - ₹3 Lakhs

Avg. annual salary

Monthly In-hand Salary

39% less than the average Business Development Officer Salary in Financial Services Companies for 0 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Stock Holding Corporation of India for Business Development Officer in Mumbai

Stock Holding Corporation of India Business Development Officer Salary

0 - 5 years exp. (4 salaries)

₹1.6 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
PhillipCapital Business Development Officer Salary 1 year exp. (3 salaries)	₹1.8 L/yr - ₹2.3 L/yr 8% less
Crisil Business Development Officer Salary 0 - 6 years exp. (36 salaries)	₹2.8 L/yr - ₹5.5 L/yr 94% more	7 job openings
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Equitas Small Finance Bank Business Development Officer Salary 0 - 5 years exp. (24 salaries)	₹2 L/yr - ₹3.7 L/yr 47% more	55 job openings
Cavinkare Business Development Officer Salary 2 - 10 years exp. (17 salaries)	₹4.5 L/yr - ₹8.5 L/yr 177% more
ICICI Bank Business Development Officer Salary 0 - 6 years exp. (16 salaries)	₹1.7 L/yr - ₹3.5 L/yr 25% more

Business Development Officer salary at Stock Holding Corporation of India ranges between ₹1.6 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Stock Holding Corporation of India.

Experience wise Stock Holding Corporation of India Business Development Officer salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

View all

Similar Designation salaries in Stock Holding Corporation of India

Branch Manager Salary

(3 salaries)

₹6 L/yr - ₹12 L/yr

Salary related reviews for Stock Holding Corporation of India

3.0

Rated by 1 employees for salary & benefits

Area Sales Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 18 Oct 2024

3.0

for Salary and Benefits

Likes

Good work life balance. No long working hrs. Good number of leaves 2 weeks Mandy leaves Well design training programs

Skill development - Good

+2 more

Dislikes

No promotion policy. For multiple years you will not get promotion. Salary is much below the industry average. Bonus / incentives are very low. No Esop

Promotions - Bad

+1 more

Office Assistant in Agartala

Full Time

Other Department

1.0

• posted on 19 Oct 2024

1.0

for Salary and Benefits

Likes

Yes, sir i am outsourcing office staff and my salary is very poor, i am almost 5 years working at stock holding

Dislikes

I am not permanent staff, and my salary are not increase, very poor salary, work growth opportunity are very less.

Salary - Bad

+5 more

Executive in Chandigarh

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 11 Oct 2023

1.0

for Salary and Benefits

Likes

Salary comes on second last working day of the month ,Sodexo meal pass, less pressure

Job security - Excellent

Dislikes

Very low salary structure, discrimination based on your designation, poor management,outdated use of technology, no innovation , believes in paper work, zero skill development.

Salary - Bad

+5 more

Operations Executive in Vijayawada

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 28 Jun 2022

3.0

for Salary and Benefits

Likes

Job security is something that u can count on. Salary u will get on time, apart from salary u will get meal card as well. Also u will have Diwali gift card.

Job security - Excellent

Dislikes

Compensation is less when compared to market standards.it is impossible to get into next level with in 5 years after ur confirmation. Though sales pressure is less when compared to market peers, we can’t expect to get good grades during yearly review.

Executive in Navi Mumbai

Full Time

Information Technology Department

3.0

• posted on 28 Aug 2022

2.0

for Salary and Benefits

Likes

Work life balance

Job security - Good

+2 more

Dislikes

Salary is less as compared to market standard. 1 year probation period and nism exams mandatory for confirmation. Experienced get less salary than specified in offer letter. No salary hike after confirmation.

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Stock Holding Corporation of India Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Stock Holding Corporation of India in Mumbai?

The average salary of a Business Development Officer at Stock Holding Corporation of India in Mumbai typically ranges from ₹1.6 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Business Development Officer in Mumbai at Stock Holding Corporation of India earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business Development Officer Salaries at Stock Holding Corporation of India 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 Stock Holding Corporation of India employees in India.

What is the estimated take home salary of a Business Development Officer at Stock Holding Corporation of India in Mumbai?

The estimated take-home salary of a Business Development Officer at Stock Holding Corporation of India in Mumbai typically ranges from ₹15,099 to ₹16,674 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 Stock Holding Corporation of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Stock Holding Corporation of India for Business Development Officer in India?

Cavinkare	₹4.5 Lakhs to ₹8.5 Lakhs per year
Crisil	₹2.8 Lakhs to ₹5.5 Lakhs per year
Equitas Small Finance Bank	₹2.0 Lakhs to ₹3.7 Lakhs per year
ICICI Bank	₹1.7 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Stock Holding Corporation of India, depending on the role and experience level.

What is the salary of a Business Development Officer in companies similar to Stock Holding Corporation of India in Mumbai?

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

PhillipCapital

₹1.8 Lakhs to ₹2.3 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 Stock Holding Corporation of India in Mumbai?

The salary growth for a Business Development Officer at Stock Holding Corporation of India in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Officer in Mumbai can expect the following growth trajectory at Stock Holding Corporation of India:

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.3 Lakhs per year
1 year	₹1.8 Lakhs to ₹2.4 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.5 Lakhs per year

and so on.

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Stock Holding Corporation of India Business Development Officer Salaries in Mumbai

Stock Holding Corporation of India Business Development Officer salary in Mumbai ranges between ₹1.6 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Stock Holding Corporation of India latest salaries received from various employees of Stock Holding Corporation of India.