Aavas Financiers Indore Business Manager Salaries by 10 Employees (Updated 2025)

5 - 11 years exp.

₹4.5 Lakhs - ₹6.9 Lakhs

Salary of majority employees

12% less than the average Business Manager Salary in NBFC Companies for 5 - 11 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Sales & Business Development Business Manager Salary 8 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹6.9 L/yr
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BFSI, Investments & Trading Business Manager Salary 7 - 8 years exp. (3 salaries)	₹4.8 L/yr - ₹6.8 L/yr

Last Updated: 24 Mar 2025

Companies similar to Aavas Financiers for Business Manager in Indore

Aavas Financiers Business Manager Salary

5 - 11 years exp. (10 salaries)

₹4.5 L/yr - ₹6.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Kogta Financial India Limited Business Manager Salary 7 - 10 years exp. (6 salaries)	₹3.1 L/yr - ₹6.1 L/yr 5% less	17 job openings
Mahindra Finance Business Manager Salary 5 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹6.3 L/yr 13% less	1 job opening
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AU Small Finance Bank Business Manager Salary 4 - 12 years exp. (29 salaries)	₹3.7 L/yr - ₹6.8 L/yr 8% less	1 job opening
Capita Business Manager Salary 2 - 6 years exp. (9 salaries)	₹5.5 L/yr - ₹7.5 L/yr 3% more
Daimler India Commercial Vehicles Business Manager Salary 5 - 8 years exp. (8 salaries)	₹9.5 L/yr - ₹14.5 L/yr 108% more

Business Manager salary at Aavas Financiers ranges between ₹4.5 Lakhs to ₹6.9 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 10 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Business Manager salaries in Indore

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (3 salaries)	₹4.5 L/yr - ₹6.9 L/yr
9 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr

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From

Business Manager

5 - 13 years exp.

Portfolio Manager

8 - 17 years exp.

From

View 1 more level

Business Manager

5 - 13 years exp.

Cluster Head

17 - 19 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Aavas Financiers

Relationship Manager Salary

(16 salaries)

₹2.6 L/yr - ₹4.9 L/yr

Senior Relationship Manager Salary

(5 salaries)

₹3.2 L/yr - ₹4 L/yr

Sales Officer Salary

(5 salaries)

₹1.5 L/yr - ₹2.68 L/yr

State Head Salary

(3 salaries)

₹11.3 L/yr - ₹15.47 L/yr

Assistant Business Manager Salary

(3 salaries)

₹4.2 L/yr - ₹5.6 L/yr

Top skills at Aavas Financiers for Business Manager

Lap Mortgage Loans Home Loans housing loan Sales Business Generation Business Loan Asset Finance mortgage housing finance hl Business Expansion Business Management Team Management Retail Sales

Salary related reviews for Aavas Financiers

4.0

Rated by 1 employees for salary & benefits

Business Manager in Vadodara

Affluent- Sales Department

3.0

• posted on 06 May 2022

3.0

for Salary and Benefits

Likes

Incentive structure and product is good.

Dislikes

Upper Management not supported Ground level staff. My salary cut down in Apr 21 due to COVID then management said it should be provide nine part of this 25% amount as month on month start to the next month but not received any time.

Skill development - Bad

+4 more

Business Manager in Jaipur

Sales & Business Development Department

4.0

• posted on 06 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+5 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Work-life balance - Bad

Relationship Manager in Bhopal

Other Department

5.0

• posted on 13 May 2022

3.0

for Salary and Benefits

Likes

...re is a huge cafeteria and gaming arcade for chiling. Company policies are good. Appraisals are fair and they give good salary hike and bonus every year.

Skill development - Good

+3 more

Dislikes

There is a lot politics and the management doesnt address our issues salary is decent but career growth is slow there is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees

Senior Relationship Officer in Tiptur

Full Time

Sales & Business Development Department

4.0

• posted on 16 Oct 2024

3.0

for Salary and Benefits

Likes

It's been a pleasure to work in a reputed company like aavas, I was very much enjoyed my working period. The work frame and culture is appreciated . I would like to thank the organisation for giving my such a wonderful opertunity to be a part. Thank u

Job security - Good

+1 more

Dislikes

Earlier Incentives was too good, now incentives are restructured and paying less . Earlier salary package was also offered less.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Aavas Financiers Business Manager Salary FAQs

What is the salary of Business Manager at Aavas Financiers in Indore?

The average salary of a Business Manager at Aavas Financiers in Indore typically ranges from ₹4.5 Lakhs to ₹6.9 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Business Manager in Indore at Aavas Financiers earn more than ₹6.9 Lakhs per year, and the top 1% earn over ₹6.9 Lakhs per year. Business Manager Salaries at Aavas Financiers 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 10 Aavas Financiers employees in India.

What is the estimated take home salary of a Business Manager at Aavas Financiers in Indore?

The estimated take-home salary of a Business Manager at Aavas Financiers in Indore typically ranges from ₹45,020 to ₹46,111 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹6.9 Lakhs per year for employees with experience ranging from 5 years to 11 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 10 salaries received from various employees of Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Business Manager at Aavas Financiers in Indore?

To be a Business Manager at Aavas Financiers in Indore, the key skills required include:

- Lap
- Mortgage Loans
- Home Loans
- housing loan
- Sales

These skills are highly valued at Aavas Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aavas Financiers for Business Manager in India?

Daimler India Commercial Vehicles	₹9.5 Lakhs to ₹14.5 Lakhs per year
Capita	₹5.5 Lakhs to ₹7.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aavas Financiers , depending on the role and experience level.

What is the salary of a Business Manager in companies similar to Aavas Financiers in Indore?

The salary of a Business Manager at companies similar to Aavas Financiers in Indore varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Kogta Financial India Limited	₹3.1 Lakhs to ₹6.1 Lakhs per year
AU Small Finance Bank	₹3.7 Lakhs to ₹6.8 Lakhs per year
Mahindra Finance	₹2.5 Lakhs to ₹6.3 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 Manager at Aavas Financiers in Indore?

The salary growth for a Business Manager at Aavas Financiers in Indore depends on factors such as experience, performance, and promotions. On average, a Business Manager in Indore can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
5 years	₹4.9 Lakhs to ₹6.2 Lakhs per year
6 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
8 years	₹4.5 Lakhs to ₹6.9 Lakhs per year

and so on.

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Aavas Financiers Business Manager Salaries in Indore

Aavas Financiers Business Manager salary in Indore ranges between ₹4.5 Lakhs to ₹6.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Aavas Financiers latest salaries received from various employees of Aavas Financiers .