Avanse Financial Services Business Development Manager Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹2.2 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

69% less than the average Business Development Manager Salary in Financial Services Companies for 1 - 3 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Avanse Financial Services for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Development Manager Salary 4 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 79% more
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (123 salaries)	₹2 L/yr - ₹10.2 L/yr 181% more	2 job openings
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ICICI Bank Business Development Manager Salary 1 - 10 years exp. (105 salaries)	₹2 L/yr - ₹10.5 L/yr 136% more
Kotak Mahindra Bank Business Development Manager Salary 1 - 8 years exp. (40 salaries)	₹1.5 L/yr - ₹8 L/yr 77% more
Tata Capital Business Development Manager Salary 2 - 3 years exp. (3 salaries)	₹9.4 L/yr - ₹15.5 L/yr 303% more
Reliance Capital Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 55% more
Aditya Birla Capital Business Development Manager Salary 0 - 14 years exp. (83 salaries)	₹3.4 L/yr - ₹7 L/yr 91% more
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 52% more
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 290% more
Mahindra Finance Business Development Manager Salary 4 - 10 years exp. (13 salaries)	₹2.4 L/yr - ₹6.2 L/yr 144% more
CareEdge Ratings Business Development Manager Salary 3 - 13 years exp. (19 salaries)	₹3.6 L/yr - ₹13.2 L/yr 250% more
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Axio Business Development Manager Salary 3 - 11 years exp. (5 salaries)	₹5.7 L/yr - ₹16 L/yr 326% more
HDFC Credila Financial Services Business Development Manager Salary 2 - 5 years exp. (5 salaries)	₹11 L/yr - ₹14 L/yr 444% more
Wishfin Business Development Manager Salary 1 - 4 years exp. (5 salaries)	₹3.2 L/yr - ₹7 L/yr 80% more
Indusind Marketing & Financial Services Business Development Manager Salary 1 - 8 years exp. (4 salaries)	₹3 L/yr - ₹3.5 L/yr 40% more
Pamac Finserve Business Development Manager Salary 0 - 3 years exp. (4 salaries)	₹3.2 L/yr - ₹6 L/yr 94% more
Niyo Solutions Business Development Manager Salary 1 - 2 years exp. (4 salaries)	₹4.3 L/yr - ₹6 L/yr 105% more
5paisa Capital Ltd. Business Development Manager Salary 0 - 11 years exp. (3 salaries)	₹8 L/yr - ₹10.5 L/yr 276% more
TMF Group Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 27% more

Business Development Manager salary at Avanse Financial Services ranges between ₹2.2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Business Development Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.9 L/yr

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(AmbitionBox Estimate)

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Deputy Manager Salary

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Regional Manager Salary

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Branch Manager Salary

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Marketing Manager Salary

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Top skills at Avanse Financial Services for Business Development Manager

New Business Development BW Relationship Management channel management institutional sales B2B Sales Channel Sales Advisory Switching Cooking Alliances Business Development Partnerships Channel Partner Management Sales

Salary related reviews for Avanse Financial Services

5.0

Rated by 1 employees for salary & benefits

Deputy Manager in Andheri

Customer Success, Service & Operations Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

There should be something to like inorder to answer this question. Shit place to work

Dislikes

...too. Systems are not mature enough. Maximum work is manual. Management is baise. Only pay comes on time

Senior Graphic Designer in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 29 Jul 2023

4.0

for Salary and Benefits

Likes

Good company as the director don't create pressure of work but is very flexible minded person, received salary on time.

Dislikes

The only thing that I don't like is they don't have off even for days like rakhi aur bhai duj or any other Indian festivals.

Management Trainee in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Salary and employee benefits are good in terms with the market trends

Dislikes

There is no work life balance. Managers are extremely aggressive and it is expected to work overtime and on weekends. There is no training or guidance from the seniors and the attrition rate is very high due to which there is no stability. The HR does not take cognizance of employees issues.

Credit Executive in Chennai

Full Time

Other Department

5.0

• posted on 27 Apr 2022

5.0

for Salary and Benefits

Likes

Avanse Financial Services Ltd is very good work environment and culture teammates and colliques are so supportive to me and the management is transparent. Company policies are good.

Dislikes

Really a good company.. Learn lot of things in the company. Salary is decent I have 1.5 years experience in the company

Branch Sales Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 16 Apr 2021

5.0

for Salary and Benefits

Likes

Company take care of every aspect of the employee. During covid most of the company was deducting the salary but our company was giving the additional payment. Like leave inchasment and incentive. During customer company has taken care of every employee. Being a sales driven company still company is working roster..

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Avanse Financial Services Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Avanse Financial Services?

Business Development Manager salary at Avanse Financial Services in India ranges between ₹2.2 Lakhs to ₹2.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 69% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services India.

How does the salary of a Business Development Manager at Avanse Financial Services India compare with the average salary range for this job?

The average salary of a Business Development Manager at Avanse Financial Services is 69% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Avanse Financial Services?

New Business Development, BW, Relationship Management, channel management and institutional sales are some of the popular skills required to work as a Business Development Manager at Avanse Financial Services India.

Which similar companies are paying more than Avanse Financial Services to a Business Development Manager in India?

HDFC Credila Financial Services Business Development Manager Salary - ₹11.0 Lakhs to ₹14.0 Lakhs per year
Axio Business Development Manager Salary - ₹5.7 Lakhs to ₹16.0 Lakhs per year
Tata Capital Business Development Manager Salary - ₹9.4 Lakhs to ₹15.5 Lakhs per year
L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year
5paisa Capital Ltd. Business Development Manager Salary - ₹8.0 Lakhs to ₹10.5 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Avanse Financial Services in India?

CareEdge Ratings Business Development Manager Salary - ₹3.6 Lakhs to ₹13.2 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.2 Lakhs per year
Mahindra Finance Business Development Manager Salary - ₹2.4 Lakhs to ₹6.2 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.5 Lakhs per year
Niyo Solutions Business Development Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Avanse Financial Services in India?

The estimated take-home salary of a Business Development Manager at Avanse Financial Services ranges between ₹16,294 per month to ₹17,973 per month in India. The take-home salary calculation is based on the average Avanse Financial Services Business Development Manager salary in India which ranges between ₹2.2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Avanse Financial Services?

According to AmbitionBox, 50% of the Avanse Financial Services Business Development Managers reported a notice period of 15 days or less, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Avanse Financial Services Business Development Manager Salaries

Avanse Financial Services Business Development Manager salary in India ranges between ₹2.2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.