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The Saraswat Co-operative Bank Business Development Officer salaries in Mumbai

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Business Development Officer Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Officer Salary
4 - 5 years exp. (3 salaries)
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₹3 L/yr - ₹4 L/yr

Marketing & Communication
Business Development Officer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹3.8 L/yr

Last Updated: 16 Aug 2024

Companies similar to The Saraswat Co-operative Bank for Business Development Officer in Mumbai

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The Saraswat Co-operative Bank Business Development Officer Salary

2 - 6 years exp. (8 salaries)

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₹3 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 25% less
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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 37% less
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₹1.8 L/yr - ₹3 L/yr

arrow icon 26% less
1 job opening
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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 32% less
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₹2.7 L/yr - ₹3.1 L/yr

arrow icon 21% less
Business Development Officer salary at The Saraswat Co-operative Bank ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of The Saraswat Co-operative Bank.

Latest annual salaries shared by The Saraswat Co-operative Bank Business Development Officer in Mumbai

7mo ago
₹3.6 Lakhs
3 years exp.
10mo ago
₹3.6 Lakhs
2 years exp.
1y ago
₹3.5 Lakhs
2 years exp.
1y ago
₹4 Lakhs
5 years exp.

Experience wise The Saraswat Co-operative Bank Business Development Officer salaries in Mumbai

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr

Similar Designation salaries in The Saraswat Co-operative Bank

Deputy Manager Salary
(210 salaries)
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₹3.8 L/yr - ₹10.45 L/yr
Branch Manager Salary
(23 salaries)
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₹4.1 L/yr - ₹15 L/yr
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₹3.6 L/yr - ₹4.9 L/yr

Salary related reviews for The Saraswat Co-operative Bank

1.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Marketing & Communication Department

1.0
  •  posted on 03 Jan 2024

1.0
 for  Salary and Benefits

Likes

Nothing to like about

Dislikes

...ce of working in saraswat bank. There is no proper management in any department. They provide worst salary but work pressure is high. Pathetic culture. No employee is happy working in saraswat bank.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 05 Dec 2023

1.0
 for  Salary and Benefits

Likes

Nothing special...

Dislikes

...ty Politics Unorganized and Toxic Work Culture Favouritism No work life balance Lower Pay Scale Unprofessional and Unethical Practices Non- Transparent HR Policies Required to work on holidays if the need be. Extreme pressure for marketing..

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

4.0
  •  posted on 20 Apr 2022

3.0
 for  Salary and Benefits

Likes

Banks policy are goods, work environment is also good all teammates are like family, management never pressurized about work and targets, very helping and supporting management.

read more
  • Skill development - Good
  • +5 more

Dislikes

Salary hike is low as compared to public sector bank.

Full Time

 · 

Other Department

4.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Work culture is really good, you get to learn many things as one person does everything. There is no proper segregation of work. Staff is responsible for sales, audit, branch operations, customer service, it issues etc. so it's multi tasking job.

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  • Skill development - Good
  • +3 more

Dislikes

Salary and other monetary benefits of the bank are not good. Appraisal and yearly increment are always delayed. No communication from HR regarding the same. HR policies of the bank need to be improved. So that people will stay here for long.

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 10 Jun 2024

3.0
 for  Salary and Benefits

Likes

Supportive staff and proper training is given by bank to it's employees.good bank for learning but not recommended to work till retirement.

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  • Job security - Good
  • +1 more

Dislikes

Various targets i.e casa, insurance, fd, sip mutual fund, credit card etc and low salary as compared to sales pressure and targets. You need to do both operations and marketing at less salary.

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The Saraswat Co-operative Bank Business Development Officer Salary FAQs

What is the salary of Business Development Officer at The Saraswat Co-operative Bank in Mumbai?
The average salary of a Business Development Officer at The Saraswat Co-operative Bank in Mumbai typically ranges from ₹3.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Business Development Officer in Mumbai at The Saraswat Co-operative Bank earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Business Development Officer Salaries at The Saraswat Co-operative 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 8 The Saraswat Co-operative Bank employees in India.
What is the estimated take home salary of a Business Development Officer at The Saraswat Co-operative Bank in Mumbai?
The estimated take-home salary of a Business Development Officer at The Saraswat Co-operative Bank in Mumbai typically ranges from ₹26,514 to ₹27,930 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 8 salaries received from various employees of The Saraswat Co-operative Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Business Development Officer in companies similar to The Saraswat Co-operative Bank in Mumbai?
The salary of a Business Development Officer at companies similar to The Saraswat Co-operative Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kotak Mahindra Bank ₹2.7 Lakhs to ₹3.1 Lakhs per year
ICICI Bank ₹1.7 Lakhs to ₹3.5 Lakhs per year
HDFC Bank ₹1.8 Lakhs to ₹3.0 Lakhs per year
IDBI Bank ₹1.2 Lakhs to ₹2.5 Lakhs per year
IDFC FIRST Bank ₹1.5 Lakhs to ₹3.2 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 The Saraswat Co-operative Bank in Mumbai?
The salary growth for a Business Development Officer at The Saraswat Co-operative Bank 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 The Saraswat Co-operative Bank:

Experience Average Salary Range
2 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
5 years ₹3.3 Lakhs to ₹4.2 Lakhs per year
and so on.

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The Saraswat Co-operative Bank Business Development Officer salary in Mumbai ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 The Saraswat Co-operative Bank latest salaries received from various employees of The Saraswat Co-operative Bank.