BOB Capital Markets Limited (BOBCAPS), a wholly owned subsidiary of the Bank of Baroda, has announced a large-scale recruitment drive for the role of Business Development Manager (BDM). This is a golden opportunity for ambitious individuals looking to enter the financial services sector with a focus on Demat and Trading account promotion, client acquisition, and sales growth. The role is classified as off-roll employment, offering candidates the chance to work closely with one of India’s most respected banking groups.
The recruitment covers multiple zones across India, including the North, West, and South & East regions, with more than 60 openings available. The Business Development Manager role is crucial in building customer relationships, expanding the reach of financial products, and meeting sales targets in a highly competitive market.
This article provides detailed information about the recruitment process, including vacancies, eligibility criteria, application process, job responsibilities, selection procedure, career benefits, and salary details.
Important Dates
The recruitment has already been announced, and applications are open. Interested candidates should apply as soon as possible to avoid missing the opportunity.
- Application Start Date: Already open
- Application Deadline: 30/09/2025
- Interview/Selection Dates: Will be communicated individually to shortlisted candidates
Vacancy Details
The vacancies for the Business Development Manager (Off Roll) role are spread across several cities in India. The distribution of openings across zones and states is given below:
North Zone
- Agra – 1
- Dehradun – 2
- Meerut – 2
- North Delhi – 2
- Noida – 2
- Ludhiana – 2
- Chandigarh – 3
- Gurgaon – 2
- West Delhi – 3
- Faridabad – 1
Total in North Zone: 20
West Zone
- Central Mumbai – 3
- South Mumbai – 2
- Western Mumbai – 3
- Mumbai Metro East – 1
- Navi Mumbai – 2
- Ujjain – 0
- Vadodara – 2
- Surat – 2
- Navsari – 1
- Ahmedabad – 4
- Rajkot – 2
- Bhuj – 1
- Sanghli (Kolhapur) – 1
- Pune – 2
- Nagpur – 1
- Sanghwi – 1
- Nasik – 1
- Bhopal – 1
- Gwalior – 1
- Dewas – 1
- Indore – 0
- Raipur – 1
Total in West Zone: 35
South & East Zone
- Karnataka (multiple locations) – 10
- Patna – 2
- Ranchi – 2
- Bhubaneshwar – 1
- Chennai – 2
Total in South & East Zone: 17
Overall Vacancies
- North Zone: 20
- West Zone: 35
- South & East Zone: 17
Grand Total: More than 72 vacancies are available across India.
This is a massive hiring initiative, providing opportunities in metros, tier-2, and tier-3 cities.
Application Process
Candidates must apply through the official channel specified by BOB Capital. The application should include:
- A detailed and updated resume.
- Correct subject line mentioning the post applied for (Business Development Manager – Off Roll).
- Supporting documents for educational qualifications and work experience (to be produced during interview/verification).
Applications with incorrect subject lines or missing information will not be considered. Only candidates with the requisite qualifications and experience should apply.
Application Fees
- Application Fee: No fee is required to apply for this recruitment.
This makes the process completely free of cost, ensuring accessibility for all eligible candidates.
Eligibility Criteria
Educational Qualification
- Minimum requirement is Graduation in any stream.
- Candidates who have completed 12th standard with at least 6 months of relevant experience in financial services sales are also eligible.
- Preference will be given to candidates with prior experience in:
- Opening of Demat and Trading accounts
- Selling of broking and investment products
Experience
- At least 6 months of experience in financial services sales is mandatory for non-graduates.
- Candidates with strong experience in Demat account and broking product sales will be highly prioritized.
Skills Required
- Strong sales and marketing skills
- Good understanding of financial markets and investment products
- Excellent communication skills in English and local language
- Strong customer relationship management (CRM) abilities
- Ability to meet and exceed sales targets
- Self-motivation and resilience to work in a competitive market
Role Description
The role of a Business Development Manager (Off Roll Employee) involves multiple responsibilities including sales, client servicing, and relationship management.
Key Responsibilities
- Promoting and opening of Demat and Trading (2-in-1) accounts.
- Acquiring new clients through various sales and marketing strategies.
- Selling broking and investment products to meet monthly and quarterly sales targets.
- Building strong and long-term relationships with clients and associated bank staff.
- Managing post-sales services to ensure customer satisfaction.
- Conducting promotional activities and awareness sessions to encourage investment in financial products.
This role is a field-based, full-time opportunity requiring proactive engagement with potential clients.
Salary Scale
One of the most attractive features of this recruitment is the competitive salary package offered.
- Monthly Salary Range: ₹2.3 Lakhs to ₹3.5 Lakhs annually
- Additional performance-based incentives may also be provided depending on the candidate’s sales achievements.
This pay scale makes it an excellent opportunity for both fresh graduates and experienced candidates in financial sales.
Selection Process
The recruitment process for BDM at BOB Capital generally involves the following stages:
- Shortlisting of Applications: Based on qualifications, skills, and relevant experience.
- Personal Interview / Telephonic Interview: To assess communication skills, market knowledge, and suitability for sales.
- Final Selection: Based on overall performance and HR approval.
Shortlisted candidates will be informed via email or phone.
Career Growth and Benefits
Although this is an off-roll position, it comes with significant opportunities:
- Skill Development: Exposure to the financial services sector, including equity, trading, and investment products.
- Performance-Based Growth: High performers may be absorbed into higher roles or offered on-roll opportunities in the future.
- Networking Opportunities: Close interaction with clients, banking professionals, and financial experts.
- Professional Experience: Valuable work experience with one of India’s most reputed financial institutions.
This role acts as a gateway to long-term careers in finance, banking, stock broking, and wealth management.
