Ambit Finvest Business Development Manager Salaries by 4 Employees (Updated 2024)

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
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 41% less
IIFL Finance Business Development Manager Salary 0 - 10 years exp. (45 salaries)	₹1.9 L/yr - ₹8 L/yr 28% less
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L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 56% more
Bajaj Finance Business Development Manager Salary 4 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 26% less
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (118 salaries)	₹2 L/yr - ₹11.9 L/yr 12% more	1 job opening
Kotak Mahindra Bank Business Development Manager Salary 1 - 8 years exp. (39 salaries)	₹1.9 L/yr - ₹8 L/yr 31% less
Sammaan Capital Limited Business Development Manager Salary 3 - 7 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 35% less
Aditya Birla Capital Business Development Manager Salary 1 - 14 years exp. (83 salaries)	₹2.3 L/yr - ₹7 L/yr 25% less
Mahindra Finance Business Development Manager Salary 1 - 9 years exp. (22 salaries)	₹2.3 L/yr - ₹9.7 L/yr 3% less
Shriram Finance Business Development Manager Salary 0 - 10 years exp. (26 salaries)	₹2 L/yr - ₹3.8 L/yr 53% less	2 job openings
LendingKart Business Development Manager Salary 2 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3.7 L/yr 47% less
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Hero FinCorp Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹6.5 L/yr 17% less
PNB Housing Finance Business Development Manager Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 45% 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
InCred Finance Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.1 L/yr - ₹6.8 L/yr 3% less
Hinduja Leyland Finance Business Development Manager Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.3 L/yr 63% 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.

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.

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.

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 😅😅😅

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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Ambit Finvest Business Development Manager Salary FAQs

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

Business Development Manager salary at Ambit Finvest in India ranges between ₹5.6 Lakhs to ₹6.8 Lakhs for experience between 6 years to 15 years. According to our estimates it is 20% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Ambit Finvest India.

How does the salary of a Business Development Manager at Ambit Finvest India compare with the average salary range for this job?

The average salary of a Business Development Manager at Ambit Finvest is 20% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Ambit Finvest to a Business Development Manager in India?

L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year
PNB Housing Finance Business Development Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹11.9 Lakhs per year

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

Mahindra Finance Business Development Manager Salary - ₹2.3 Lakhs to ₹9.7 Lakhs per year
InCred Finance Business Development Manager Salary - ₹3.1 Lakhs to ₹6.8 Lakhs per year
Hero FinCorp Business Development Manager Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
Vistaar Finance Business Development Manager Salary - ₹2.3 Lakhs to ₹7.5 Lakhs per year
Aditya Birla Capital Business Development Manager Salary - ₹2.3 Lakhs to ₹7.0 Lakhs per year

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 ranges between ₹45,915 per month to ₹47,004 per month in India. The take-home salary calculation is based on the average Ambit Finvest Business Development Manager salary in India which ranges between ₹5.6 Lakhs to ₹6.8 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Ambit Finvest?

According to AmbitionBox, 100% of the Ambit Finvest Business Development Managers reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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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.