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Upstox Business Development Manager salaries in India

Annual salary range
1 - 7 years exp.
₹3 Lakhs - ₹9.1 Lakhs
Salary of majority employees
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22% 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)
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₹3 L/yr - ₹7.5 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
3 - 7 years exp. (AmbitionBox Estimate)
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₹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
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₹1.8 L/yr - ₹4.4 L/yr

arrow icon 54% less
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₹9 L/yr - ₹22 L/yr

arrow icon 180% more
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Nirmal Bang Business Development Manager Salary

0 - 13 years exp. (18 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 26% less
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₹4.9 L/yr - ₹9.8 L/yr

arrow icon 16% more
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₹4.5 L/yr - ₹13 L/yr

arrow icon 53% more
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₹2.7 L/yr - ₹6.5 L/yr

arrow icon 27% less
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₹5.7 L/yr - ₹18 L/yr

arrow icon 80% more
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₹10 L/yr - ₹18.9 L/yr

arrow icon 128% more
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₹3.1 L/yr - ₹5.2 L/yr

arrow icon 23% less
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₹1.2 L/yr - ₹4.1 L/yr

arrow icon 64% less
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₹9 L/yr - ₹25 L/yr

arrow icon 187% 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.

Latest annual salaries shared by Upstox Business Development Manager

1y ago
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7 years exp.
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5 years exp.
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6 years exp.
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1 year exp.
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Experience wise Upstox Business Development Manager salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹8.7 L/yr
2 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹10.3 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)

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₹5.8 L/yr - ₹11.8 L/yr
View all

Similar Designation salaries in Upstox

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₹7.4 L/yr - ₹9.4 L/yr
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₹2 L/yr - ₹2.8 L/yr
Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹6.4 L/yr - ₹8.2 L/yr
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₹4.8 L/yr - ₹36 L/yr
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₹1.8 L/yr - ₹4 L/yr
Sales Manager Salary
(4 salaries)
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₹1.25 L/yr - ₹5.4 L/yr
Sales Executive Salary
(20 salaries)
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₹1.45 L/yr - ₹4 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

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

read more
  • 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

read more
  • Promotions - Poor

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

read more
  • Job security - Excellent
  • +3 more

Dislikes

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

read more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +5 more

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

read more
  • Skill development - Poor
  • +2 more
see more salary related reviews

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Upstox Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Upstox ?
The average salary of a Business Development Manager at Upstox in India typically ranges from ₹3.0 Lakhs to ₹9.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Business Development Manager at Upstox earn more than ₹8.9 Lakhs per year, and the top 1% earn over ₹9.1 Lakhs per year. Business Development Manager Salaries at Upstox 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 6 Upstox employees in India.
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 in India typically ranges from ₹44,919 to ₹46,011 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹9.1 Lakhs per year for employees with experience ranging from 1 year to 7 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 6 salaries received from various employees of Upstox. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at Upstox ?
To be a Business Development Manager at Upstox in india, the key skills required include:

  • - B2B Sales
  • - Business Development Management
  • - Finance
  • - Social Media
  • - Competitor Analysis

These skills are highly valued at Upstox and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Upstox for Business Development Manager in India?
Mashreq Global Services ₹9.0 Lakhs to ₹25.0 Lakhs per year
National Stock Exchange of India ₹9.0 Lakhs to ₹22.0 Lakhs per year
ICICI Home Finance ₹10.0 Lakhs to ₹18.9 Lakhs per year
Franklin Templeton Investments ₹5.7 Lakhs to ₹18.0 Lakhs per year
Pine Labs ₹4.5 Lakhs to ₹13.0 Lakhs per year

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

Axis Direct ₹4.9 Lakhs to ₹9.8 Lakhs per year
Kotak Securities ₹3.1 Lakhs to ₹5.2 Lakhs per year
Nirmal Bang ₹2.4 Lakhs to ₹7.0 Lakhs per year
Anand Rathi: Online Stock Trading & Advisory ₹2.7 Lakhs to ₹6.5 Lakhs per year
SBI Cards & Payment Services ₹1.8 Lakhs to ₹4.4 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 Upstox in India?
The salary growth for a Business Development Manager at Upstox depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Upstox:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹8.7 Lakhs per year
2 years ₹4.7 Lakhs to ₹6.1 Lakhs per year
3 years ₹3.3 Lakhs to ₹10.3 Lakhs per year
4 years ₹5.5 Lakhs to ₹7.1 Lakhs per year
and so on.

Tell us how to improve this page.

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