Upstox Business Development Manager Salaries by 6 Employees (Updated 2025)

1 - 7 years exp.

₹3 Lakhs - ₹9.1 Lakhs

Salary of majority employees

21% less than the average Business Development Manager Salary in Financial Services Companies for 1 - 7 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 3 - 7 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹9.1 L/yr

Last Updated: 16 Mar 2023

Companies similar to Upstox for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
5paisa Capital Ltd. Business Development Manager Salary 0 - 11 years exp. (3 salaries)	₹8 L/yr - ₹10.5 L/yr 49% more
Angel One Business Development Manager Salary 1 - 9 years exp. (150 salaries)	₹1.2 L/yr - ₹5.5 L/yr 31% less	5 job openings
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Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 21% less
Sharekhan Business Development Manager Salary 2 - 5 years exp. (4 salaries)	₹7.6 L/yr - ₹11.8 L/yr 29% more
ICICI Direct Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.2 L/yr - ₹4.8 L/yr 48% less
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 50% less
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 40% less
Unimoni Business Development Manager Salary 0 - 10 years exp. (12 salaries)	₹2 L/yr - ₹4.2 L/yr 44% less
Razorpay Business Development Manager Salary 3 - 10 years exp. (11 salaries)	₹2.8 L/yr - ₹8.2 L/yr 19% less
Mswipe Technologies Business Development Manager Salary 1 - 8 years exp. (10 salaries)	₹2.8 L/yr - ₹5.2 L/yr 32% less
PayPal Business Development Manager Salary 3 - 10 years exp. (7 salaries)	₹10 L/yr - ₹21 L/yr 122% more
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ACKO Business Development Manager Salary 2 - 6 years exp. (6 salaries)	₹3 L/yr - ₹9.5 L/yr 20% less	1 job opening
HighRadius Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹12 L/yr - ₹20 L/yr 196% more
Western Union Business Development Manager Salary 12 - 18 years exp. (5 salaries)	₹17.8 L/yr - ₹44 L/yr 422% more
PayU Payments Business Development Manager Salary 3 - 5 years exp. (5 salaries)	₹4.6 L/yr - ₹7.1 L/yr 19% more
Visa Business Development Manager Salary 5 - 10 years exp. (4 salaries)	₹24.5 L/yr - ₹40 L/yr 439% more
Insolutions Global Business Development Manager Salary 4 - 18 years exp. (4 salaries)	₹7.4 L/yr - ₹12 L/yr 75% more
Hitachi Payment Services Business Development Manager Salary 3 - 15 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 26% more
MasterCard Business Development Manager Salary 10 - 12 years exp. (3 salaries)	₹27.1 L/yr - ₹35 L/yr 404% more

Business Development Manager salary at Upstox ranges between ₹3 Lakhs to ₹9.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Upstox.

Experience wise Upstox Business Development Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹8.7 L/yr
2 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
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3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10.3 L/yr
4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11.8 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹9.1 L/yr

View all

Similar Designation salaries in Upstox

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Business Development Executive Salary

(3 salaries)

₹2 L/yr - ₹2.8 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹19.8 L/yr - ₹25.3 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Marketing Manager Salary

(3 salaries)

₹4.8 L/yr - ₹36 L/yr

Relationship Manager Salary

(5 salaries)

₹1.8 L/yr - ₹4 L/yr

Sales Manager Salary

(4 salaries)

₹1.25 L/yr - ₹5.4 L/yr

Sales Executive Salary

(20 salaries)

₹1.45 L/yr - ₹4 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Top skills at Upstox for Business Development Manager

B2B Sales Business Development Management Finance Social Media Competitor Analysis Conversions Analytical skills Stock Market stock broking Corporate online branding bd

Salary related reviews for Upstox

2.7

Rated by 2 employees for salary & benefits

Content Writer in Mumbai

Full Time

Content, Editorial & Journalism Department

3.0

• posted on 19 Feb 2024

3.0

for Salary and Benefits

Likes

1. Receive salary on time 2. Holidays granted without any hiccups 3. Office is located in front of the station

Skill development - Good

+1 more

Dislikes

1. Hybrid model discontinued 2. Long and unscheduled working hours 3. Management and managers unwilling to listen to feedback 4. Poor appraisals

Promotions - Poor

Software Developer Engineer 2 in Bangalore / Bengaluru

Full Time

Engineering - Software & QA Department

4.0

• posted on 06 Sep 2023

3.0

for Salary and Benefits

Likes

Fast pace environment, exposure to stock market, live user feedback on app as app is live on play store, experienced managers

Job security - Excellent

+3 more

Dislikes

Low salary hikes, might end wfh, only focused on stock market - restricted domain

Product Manager in Mumbai

Full Time

Product Management Department

2.0

• posted on 09 Jan 2023

5.0

for Salary and Benefits

Likes

...ritating emails, HR follow-ups for the same and so a lot of time is saved there. But for the annual variable pay, you do need to conjecture something up.

Salary - Excellent

+2 more

Dislikes

Lack of both product culture & engineering culture. Strategies and focus change week on week, month on month. Product has a dotted line reporting to engg which over time seems to be converting to a full line. With no clear direction, product rarely ships any impactful features and there is a constant struggle to catch-up with competition. It seems the primary aim/strategy is to get new users via marketing with minimum efforts into retention. There is no goal-setting process at quarter or annual level.

Skill development - Bad

+3 more

Engineering Manager in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 03 Jan 2023

4.0

for Salary and Benefits

Likes

Goos pay. You can thrive if u r going by reference from someone head or director level. You can seat and throw random nonsense at the engineers.

Salary - Good

Dislikes

No work life balance. Too many levels of people managers and few implementors. In the name of process they play favorites. Too many noise makers instead of helping or assisting to solve a problem they simple run skeleton dedicated crew thin and hang them dry. Technology head is petty and very biased and demoralizing. No sense of Saturday or sunday anytime call happens. People with connections with heads only make noise but when real work is question blame is put on already burdened developers.

Skill development - Poor

+5 more

Product Manager in Bangalore / Bengaluru

Product Management Department

3.0

• posted on 07 Sep 2022

4.0

for Salary and Benefits

Likes

Good WLB, good pay structure

Salary - Good

+3 more

Dislikes

Company has no vision. Its literally catching up with every other broker on the street. One day you copy Zerodha, on the another day you copy Groww. Its just sad to see the wasted potential of this company. I blame the leadership who promoted people from non-product backgrounds to product leadership and they are ruining the company. Every team works in silos which exasperates the problem

Skill development - Poor

+2 more

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Upstox Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Upstox?

Business Development Manager salary at Upstox in India ranges between ₹3.0 Lakhs to ₹9.1 Lakhs for experience between 1 years to 7 years. According to our estimates it is 21% less than the average Business Development Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Upstox India.

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

The average salary of a Business Development Manager at Upstox is 21% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Upstox?

B2B Sales, Business Development Management, Finance, Social Media and Competitor Analysis are some of the popular skills required to work as a Business Development Manager at Upstox India.

Which similar companies are paying more than Upstox to a Business Development Manager in India?

Visa Business Development Manager Salary - ₹24.5 Lakhs to ₹40.0 Lakhs per year
Western Union Business Development Manager Salary - ₹17.8 Lakhs to ₹44.0 Lakhs per year
MasterCard Business Development Manager Salary - ₹27.1 Lakhs to ₹35.0 Lakhs per year
HighRadius Business Development Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
PayPal Business Development Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Upstox in India?

Insolutions Global Business Development Manager Salary - ₹7.4 Lakhs to ₹12.0 Lakhs per year
5paisa Capital Ltd. Business Development Manager Salary - ₹8.0 Lakhs to ₹10.5 Lakhs per year
Sharekhan Business Development Manager Salary - ₹7.6 Lakhs to ₹11.8 Lakhs per year
Hitachi Payment Services Business Development Manager Salary - ₹6.0 Lakhs to ₹8.0 Lakhs per year
PayU Payments Business Development Manager Salary - ₹4.6 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at Upstox ranges between ₹44,919 per month to ₹46,011 per month in India. The take-home salary calculation is based on the average Upstox Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹9.1 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

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Upstox Business Development Manager Salaries

Upstox Business Development Manager salary in India ranges between ₹3 Lakhs to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Upstox latest salaries received from various employees of Upstox.

Upstox Business Development Manager salaries in India

Companies similar to Upstox for Business Development Manager

Latest annual salaries shared by Upstox Business Development Manager

Experience wise Upstox Business Development Manager salaries

Similar Designation salaries in Upstox

Top skills at Upstox for Business Development Manager

Salary related reviews for Upstox

Content Writer in Mumbai

Software Developer Engineer 2 in Bangalore / Bengaluru

Product Manager in Mumbai

Engineering Manager in Mumbai

Product Manager in Bangalore / Bengaluru

Upstox Business Development Manager Salary FAQs

Tell us how to improve this page.