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SBI Cards & Payment Services Business Development Manager salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹1.8 Lakh - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Business Development Manager Salary at SBI Cards & Payment Services ranges between ₹1.8 Lakh to ₹5.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 46... Read more

62% less than the average Business Development Manager Salary in Financial Services Companies for 1 - 6 years of experience

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Last Updated: 14 May 2025

Companies similar to SBI Cards & Payment Services for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹9 L/yr - ₹22 L/yr

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Nirmal Bang Business Development Manager Salary

0 - 13 years exp. (10 salaries)

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₹2.5 L/yr - ₹7 L/yr

arrow icon 103% more
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Pine Labs Business Development Manager Salary

2 - 15 years exp. (10 salaries)

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₹4.5 L/yr - ₹16 L/yr

arrow icon 250% more
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₹4.9 L/yr - ₹9.8 L/yr

arrow icon 124% more
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₹2.7 L/yr - ₹6.5 L/yr

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₹5 L/yr - ₹9 L/yr

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₹8.5 L/yr - ₹13 L/yr

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₹10 L/yr - ₹18.9 L/yr

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₹9 L/yr - ₹20 L/yr

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₹1.2 L/yr - ₹4.1 L/yr

arrow icon 26% less

Latest annual salaries shared by SBI Cards & Payment Services Business Development Manager

1mo ago
₹3.5 Lakhs
1 year exp.
1mo ago
₹3.5 Lakhs
1 year exp.
1mo ago
₹5.3 Lakhs
6 years exp.
5mo ago
₹3.5 Lakhs
6 years exp.
6mo ago
₹3 Lakhs
5 years exp.
7mo ago
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2 years exp.
8mo ago
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4 years exp.
10mo ago
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3 years exp.

SBI Cards & Payment Services Business Development Manager salaries by

Years of experience Avg. annual salary
1 year  (4 salaries)

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₹1.1 L/yr - ₹3.6 L/yr
2 years  (6 salaries)

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₹2 L/yr - ₹3 L/yr
3 years  (9 salaries)

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₹1.8 L/yr - ₹3.2 L/yr
4 years  (12 salaries)

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₹2 L/yr - ₹3.8 L/yr
5 years  (9 salaries)

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₹2 L/yr - ₹3.5 L/yr
View all salaries by experience

Similar Designation Salaries at SBI Cards & Payment Services

Similar Designation Avg. annual salary
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₹3.2 L/yr - ₹18 L/yr

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₹1.8 L/yr - ₹2.2 L/yr

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₹1.4 L/yr - ₹3.4 L/yr

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₹2 L/yr - ₹3 L/yr

Zonal Sales Manager Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

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₹3.3 L/yr - ₹11 L/yr

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₹11.7 L/yr - ₹18 L/yr

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₹4.5 L/yr - ₹15.5 L/yr

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₹3.2 L/yr - ₹8 L/yr

Area Business Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for SBI Cards & Payment Services

3.2

Rated by 25 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 31 Mar 2023

2.0
 for  Salary and Benefits

Likes

Nothing much.

Dislikes

...st because the company exhausted the budget they recover it from our incentives. In future they may recover from our salary also. A good company will recover the budget from incremental business in the future. But this company asks us to work in past, which is never possible unless there's a time travel. Even though company is profitable we are supposed answer for even buying a pen or pencil. Yes we understand that it's company's money. But more than that we are doing business not mathematics. If company doesn't change this culture they are going to lose more good employees everytime. More importantly the company thinks only SBI card provides job opportunities in India which is a foolish thing. Top management has to wakeup or they may see high level of attrition in coming days and as well as business drop. Company is pretty much ok with the business drop but they won't pay your incentives which motivates for increased business. The incentives were hard earned by spoiling our health and losing our work life balance. Totally a high level of disappointment

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Credit Card Sales Department

1.0
  •  updated on 08 Dec 2022

1.0
 for  Salary and Benefits

Likes

No rules Asm ka jo man krta hai wahi yaha hota plz koi job mt krna

Dislikes

...b mt krna 3rd party payroll pe ye log join krwa lete hai 14-15 work krwate hai Koi bhi government holiday nhi dete hai asm aiyasi krta hai salary time pe nhi milta mailta hai jo cut kr k deta hai asm absent mark kr deta hai

read more
  • Salary - Bad
  • +6 more

Innov pvt ltd Department

5.0
  •  updated on 07 Feb 2022

5.0
 for  Salary and Benefits

Likes

...ork environment and culture. There is a huge cafeterria and gaming for chilling. Company policy are good, appraisals are fair and they give salary hike and bonus every year. But this process not available because complete soon but ni hike salary no bunus so

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't adress our issues salary is decent but career growth is zero.

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Credit Card Sales Department

1.0
  •  updated on 26 Feb 2022

1.0
 for  Salary and Benefits

Likes

The worst company ever.. and they are fraud they are cheating the candidates in the name of salary fraud there is no job security no benefits ntng

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Dislikes

No salary they are cheated in the name of package and there is no attendance they are fraud

read more
  • Salary - Bad
  • +6 more

Other Department

3.0
  •  updated on 25 Mar 2022

4.0
 for  Salary and Benefits

Likes

Gives good compensation, job security and the management is good.

  • Salary - Good
  • +1 more

Dislikes

The sales department at SBI Card is pathetic. Long working hours (12-14 hrs) with no leaves across the calendar. You need to work even on Sunday’s and govt holidays. Work life balance at this particular department is pathetic.

read more
  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

SBI Cards & Payment Services Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SBI Cards & Payment Services ?
The average salary of a Business Development Manager at SBI Cards & Payment Services in India typically ranges from ₹1.8 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Business Development Manager at SBI Cards & Payment Services earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Business Development Manager Salaries at SBI Cards & Payment Services 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 40+ SBI Cards & Payment Services employees in India.
What is the estimated take home salary of a Business Development Manager at SBI Cards & Payment Services in India?
The estimated take-home salary of a Business Development Manager at SBI Cards & Payment Services in India typically ranges from ₹20,588 to ₹22,242 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 1 year 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 40+ salaries received from various employees of SBI Cards & Payment Services. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than SBI Cards & Payment Services for Business Development Manager in India?
Mashreq Global Services ₹9.0 Lakhs to ₹20.0 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 ₹8.5 Lakhs to ₹13.0 Lakhs per year
Pine Labs ₹4.5 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by SBI Cards & Payment Services, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to SBI Cards & Payment Services in India?
The salary of a Business Development Manager at companies similar to SBI Cards & Payment Services 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
Nirmal Bang ₹2.5 Lakhs to ₹7.0 Lakhs per year
Kotak Securities ₹5.0 Lakhs to ₹9.0 Lakhs per year
Anand Rathi: Online Stock Trading & Advisory ₹2.7 Lakhs to ₹6.5 Lakhs per year
SBI Mutual Fund ₹1.2 Lakhs to ₹4.1 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 SBI Cards & Payment Services in India?
The salary growth for a Business Development Manager at SBI Cards & Payment Services depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at SBI Cards & Payment Services:

Experience Average Salary Range
1 year ₹1.1 Lakhs to ₹3.6 Lakhs per year
2 years ₹2.0 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹3.2 Lakhs per year
4 years ₹2.0 Lakhs to ₹3.8 Lakhs per year
and so on.

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SBI Cards & Payment Services Business Development Manager salary in India ranges between ₹1.8 Lakh to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 46 SBI Cards & Payment Services latest salaries received from various employees of SBI Cards & Payment Services.