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

4 - 11 years exp.

₹3.4 Lakhs - ₹7 Lakhs

Salary of majority employees

47% less than the average Business Manager Salary in NBFC Companies for 4 - 11 years of experience

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Salaries in different departments

Sales & Business Development Business Manager Salary 4 - 10 years exp. (6 salaries)	₹3.4 L/yr - ₹7 L/yr
Finance & Accounting Business Manager Salary 7 - 11 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.7 L/yr
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BFSI, Investments & Trading Business Manager Salary 11 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.5 L/yr

Last Updated: 2 Mar 2025

Companies similar to Aavas Financiers for Business Manager in Mumbai

Aavas Financiers Business Manager Salary

4 - 11 years exp. (10 salaries)

₹3.4 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Manager Salary 2 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 44% more
Axis Bank Business Manager Salary 5 - 10 years exp. (7 salaries)	₹7.7 L/yr - ₹12.4 L/yr 64% more
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Kotak Mahindra Bank Business Manager Salary 4 - 13 years exp. (5 salaries)	₹10 L/yr - ₹15.4 L/yr 95% more
L&T Finance Business Manager Salary 2 - 9 years exp. (26 salaries)	₹4.2 L/yr - ₹9.1 L/yr 9% more
IIFL Finance Business Manager Salary 1 - 4 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 8% more

Business Manager salary at Aavas Financiers ranges between ₹3.4 Lakhs to ₹7 Lakhs per year for employees with experience between 4 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 Mumbai

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.3 L/yr
7 years (4 salaries)	₹3.4 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹12.1 L/yr

View all

From

Business Manager

₹

Lakhs/yr

3 - 11 years exp.

Cluster Head

₹

Lakhs/yr

10 - 19 years exp.

Business Manager 3 - 11 years exp.

Branch Head 4 - 15 years exp.

29% hike

Cluster Head 10 - 19 years exp.

55% hike

From

Business Manager

3 - 11 years exp.

Portfolio Manager

8 - 17 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

Sales Manager Salary

(4 salaries)

₹3.2 L/yr - ₹4.3 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

3.0

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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Aavas Financiers Business Manager Salary FAQs

What is the salary of Business Manager at Aavas Financiers Mumbai?

Business Manager salary at Aavas Financiers in Mumbai ranges between ₹3.4 Lakhs to ₹7.0 Lakhs for experience between 4 years to 11 years. According to our estimates it is 47% less than the average Business Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Aavas Financiers Mumbai.

How does the salary of a Business Manager at Aavas Financiers Mumbai compare with the average salary range for this job?

The average salary of a Business Manager at Aavas Financiers is 47% less than the average salary of a Business Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Business Manager at Aavas Financiers ?

Lap, Mortgage Loans, Home Loans, housing loan and Sales are some of the popular skills required to work as a Business Manager at Aavas Financiers Mumbai.

Which similar companies are paying more than Aavas Financiers to a Business Manager in Mumbai?

Kotak Mahindra Bank Business Manager Salary - ₹10.0 Lakhs to ₹15.4 Lakhs per year
Axis Bank Business Manager Salary - ₹7.7 Lakhs to ₹12.4 Lakhs per year
HDFC Bank Business Manager Salary - ₹5.5 Lakhs to ₹9.0 Lakhs per year
L&T Finance Business Manager Salary - ₹4.2 Lakhs to ₹9.1 Lakhs per year
IIFL Finance Business Manager Salary - ₹5.5 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Business Manager at Aavas Financiers ranges between ₹45,600 per month to ₹46,682 per month in Mumbai. The take-home salary calculation is based on the average Aavas Financiers Business Manager salary in India which ranges between ₹3.4 Lakhs to ₹7.0 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Business Manager at Aavas Financiers in Mumbai?

According to AmbitionBox, 38% of the Aavas Financiers Business Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Aavas Financiers Business Manager Salaries in Mumbai

Aavas Financiers Business Manager salary in Mumbai ranges between ₹3.4 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Aavas Financiers latest salaries received from various employees of Aavas Financiers .