Ambit Finvest Business Development Manager Salaries by 4 Employees

6 - 15 years exp.

₹5.6 Lakhs - ₹6.8 Lakhs

Salary of majority employees

20% less than the average Business Development Manager Salary in NBFC Companies for 6 - 15 years of experience

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Last Updated: 22 Sep 2023

Companies similar to Ambit Finvest for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Ugro Capital Business Development Manager Salary 0 - 11 years exp. (111 salaries)	₹2.8 L/yr - ₹9.8 L/yr 11% less	1 job opening
MAS Financial Services Business Development Manager Salary 7 - 23 years exp. (26 salaries)	₹4.2 L/yr - ₹13 L/yr 37% more	1 job opening
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LendingKart Business Development Manager Salary 2 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3.7 L/yr 47% less
Sammaan Capital Limited Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 35% less
Hero FinCorp Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹6.5 L/yr 17% less
LIC Housing Finance Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 65% more
PNB Housing Finance Business Development Manager Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 46% more
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 68% less
Electronica Finance Business Development Manager Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.2 L/yr 40% less
Kogta Financial India Limited Business Development Manager Salary 5 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹5.9 L/yr 20% less
InCred Finance Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.1 L/yr - ₹6.8 L/yr 3% less
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Hinduja Leyland Finance Business Development Manager Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.3 L/yr 63% less
Shubham Housing Development Finance Business Development Manager Salary 2 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹3.5 L/yr 46% less
Vistaar Finance Business Development Manager Salary 7 - 9 years exp. (3 salaries)	₹2.3 L/yr - ₹7.5 L/yr 24% less

Business Development Manager salary at Ambit Finvest ranges between ₹5.6 Lakhs to ₹6.8 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Ambit Finvest.

Experience wise Ambit Finvest Business Development Manager salaries

Last Updated: 22 Sep 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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8 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
9 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
13 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹11.4 L/yr
14 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.8 L/yr
15+ years (AmbitionBox Estimate)	₹2.6 L/yr - ₹6.8 L/yr

View all

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Salary related reviews for Ambit Finvest

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Sep 2023

3.0

for Salary and Benefits

Likes

Good place for work. Seniors behavior is very good. Salary on time. Maintain online traing course.

Skill development - Good

+4 more

Dislikes

Incentive plans are very bad. July 23- month incentive did not received with august month salary and no one answerable about it. Promotion pending...

Sales Manager in Kalyan / Dombivli

BFSI, Investments & Trading Department

4.0

• posted on 17 May 2021

3.0

for Salary and Benefits

Likes

...s very Good company. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike.

Promotions - Good

+2 more

Dislikes

No Thanks only customer service is slow and no any customer care number for customer service.

Senior Executive Operations in Zirakpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Sep 2023

4.0

for Salary and Benefits

Likes

More learning anvironment and overall amazing work culture.

Salary - Good

+5 more

Dislikes

There is not much growth in the operation department. No promotion within working 3years and bonus not taken a good as compare to other deaprtment.

Business Analyst in Mumbai

Full Time

Strategic & Top Management Department

1.0

• posted on 26 Oct 2024

1.0

for Salary and Benefits

Likes

Very bad experience to join ambit.

Dislikes

People over there is not good ,they have been there for long time so treating themselves like God of project, Not coming from out side 😅😅😅, If they will compare they will know reality where they are 😅😅😅

Salary - Bad

+6 more

Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing

Skill development - Good

Dislikes

Certainly, here's a concise list outlining the negative experiences for new joiners at Ambit Finves: Lack of Incentives: Despite achieving targets or contests, employees receive no proper incentives, leading to feelings of disheartenment and lack of motivation. Poor Work-Life Balance: Employees are pressured to work even on Sundays, disregarding the importance of maintaining a healthy work-life balance. Ethical Concerns: Decisions are made abruptly and without proper consideration of ethics, such as last-minute cancellations of scheduled holidays, causing frustration and distrust among employees. It's important for new joiners to be aware of these issues

Salary - Bad

+5 more

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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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Ambit Finvest Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Ambit Finvest ?

The average salary of a Business Development Manager at Ambit Finvest in India typically ranges from ₹5.6 Lakhs to ₹6.8 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Business Development Manager at Ambit Finvest earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹6.8 Lakhs per year. Business Development Manager Salaries at Ambit Finvest 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 4 Ambit Finvest employees in India.

What is the estimated take home salary of a Business Development Manager at Ambit Finvest in India?

The estimated take-home salary of a Business Development Manager at Ambit Finvest in India typically ranges from ₹45,915 to ₹47,004 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹6.8 Lakhs per year for employees with experience ranging from 6 years to 15 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 4 salaries received from various employees of Ambit Finvest. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Ambit Finvest for Business Development Manager in India?

LIC Housing Finance	₹4.8 Lakhs to ₹12.0 Lakhs per year
PNB Housing Finance	₹7.0 Lakhs to ₹12.0 Lakhs per year
MAS Financial Services	₹4.2 Lakhs to ₹13.0 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Ambit Finvest in India?

The salary of a Business Development Manager at companies similar to Ambit Finvest in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

InCred Finance	₹3.1 Lakhs to ₹6.8 Lakhs per year
Ugro Capital	₹2.8 Lakhs to ₹9.8 Lakhs per year
Hero FinCorp	₹3.2 Lakhs to ₹6.5 Lakhs per year
Kogta Financial India Limited	₹4.4 Lakhs to ₹5.9 Lakhs per year
Vistaar Finance	₹2.3 Lakhs to ₹7.5 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 Ambit Finvest in India?

The salary growth for a Business Development Manager at Ambit Finvest depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Ambit Finvest:

Experience	Average Salary Range
6 years	₹5.6 Lakhs to ₹5.6 Lakhs per year
7 years	₹5.0 Lakhs to ₹6.4 Lakhs per year
8 years	₹5.1 Lakhs to ₹6.6 Lakhs per year
9 years	₹5.2 Lakhs to ₹6.7 Lakhs per year

and so on.

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Ambit Finvest Business Development Manager Salaries

Ambit Finvest Business Development Manager salary in India ranges between ₹5.6 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Ambit Finvest latest salaries received from various employees of Ambit Finvest.