Bajaj Finance Business Development Manager Salaries by 4 Employees

4 - 5 years exp.

₹2.5 Lakhs - ₹4.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

47% less than the average Business Development Manager Salary in NBFC Companies for 4 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.8 L/yr
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Finance & Accounting Business Development Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.9 L/yr

Last Updated: 3 Dec 2023

Companies similar to Bajaj Finance for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
SK Finance Limited Business Development Manager Salary 2 - 10 years exp. (78 salaries)	₹2.6 L/yr - ₹6.8 L/yr 2% less
IIFL Finance Business Development Manager Salary 0 - 10 years exp. (44 salaries)	₹1.9 L/yr - ₹8 L/yr 15% more
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Muthoot Finance Business Development Manager Salary 4 - 10 years exp. (40 salaries)	₹2.4 L/yr - ₹6.3 L/yr 7% more	1 job opening
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (36 salaries)	₹2 L/yr - ₹4.3 L/yr 29% less
Mahindra Finance Business Development Manager Salary 2 - 8 years exp. (21 salaries)	₹2.3 L/yr - ₹10.2 L/yr 41% more
Fusion Microfinance Business Development Manager Salary 3 - 8 years exp. (20 salaries)	₹3 L/yr - ₹6.8 L/yr 14% more
CreditAccess Grameen Business Development Manager Salary 2 - 11 years exp. (19 salaries)	₹2.2 L/yr - ₹4.8 L/yr 17% less
HDB Financial Services Business Development Manager Salary 1 - 4 years exp. (15 salaries)	₹1.8 L/yr - ₹4.1 L/yr 36% less
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 131% more
Muthoot Fincorp Business Development Manager Salary 3 - 11 years exp. (7 salaries)	₹2.5 L/yr - ₹6 L/yr 15% less
LIC Housing Finance Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 151% more
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Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 51% less
TVS Credit Business Development Manager Salary 2 - 30 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 167% more
SMFG India Credit Business Development Manager Salary 0 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 24% less
Bharat Financial Inclusion Business Development Manager Salary 1 - 15 years exp. (3 salaries)	₹1 L/yr - ₹7.2 L/yr At par
Muthoot Microfin Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 45% less
Spandana Sphoorty Financial Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 135% more

Business Development Manager salary at Bajaj Finance ranges between ₹2.5 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Bajaj Finance.

Experience wise Bajaj Finance Business Development Manager salaries

Last Updated: 3 Dec 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.8 L/yr

Similar Designation salaries in Bajaj Finance

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(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Business Development Associate Salary

(4 salaries)

₹2.4 L/yr - ₹2.8 L/yr

Business Development Executive Salary

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₹2.2 L/yr - ₹2.7 L/yr

Business Manager Salary

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₹5 L/yr - ₹6.4 L/yr

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Area Sales Manager Salary

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₹5.09 L/yr - ₹16.2 L/yr

Territory Sales Manager Salary

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₹6.3 L/yr - ₹8 L/yr

Area Business Manager Salary

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₹10 L/yr - ₹12.7 L/yr

Salary related reviews for Bajaj Finance

5.0

Rated by 1 employees for salary & benefits

Area Sales Manager in New Delhi (working remotely)

Full Time

Sales & Business Development Department

1.0

• posted on 03 Oct 2024

3.0

for Salary and Benefits

Likes

Nothing

Skill development - Excellent

Dislikes

Huge pressure No work life balance All Sunday and holiday working All leave day works even medical leave They require asm who have memory and processer of super computer in the salary of celeron processor salary. Please do not join this company save your life from heart attack

Job security - Bad

+4 more

Sales Officer in Madurai

Full Time

Other Department

1.0

• posted on 19 May 2022

3.0

for Salary and Benefits

Likes

Good salary hikes and IJP opportunities

Dislikes

Every single department is operating on politics. No respect for real talent. Abusive Senior management team. Worst working culture. No holidays to employees. Pathetic HR team who don't do any work or support at all.

Skill development - Bad

+4 more

Sales Officer in Durgapur

Full Time

Sales & Business Development Department

4.0

• posted on 11 Apr 2022

2.0

for Salary and Benefits

Likes

ITS NICE TO WORK HERE , DAILY MEETING WITH PEOPLES AND HAVING CONVERSATION WITH THEM. YOU CAN GROW UP YOUR MARKETING SKILLS HERE . AND DAILY INTERACTIONS WITH PEOPLE MAKE YOUR SPEAKING POWER GROW.

Skill development - Excellent

+3 more

Dislikes

JUST ONE DISPUIT IS THAT AS PER WORKING HOUR AND AS PER WORKING PREASURE SALARY AMOUNT IS NOT SATISFIED

Salary - Poor

Sales Manager in Amritsar

Full Time

Sales & Business Development Department

3.0

• posted on 10 Oct 2021

5.0

for Salary and Benefits

Likes

Salary on time. Salary and incentives are very good. Company gives incentives open heartedly to get work done.

Salary - Excellent

+1 more

Dislikes

Work culture is zero. They treat you like a machine. Intense work pressure. Received call even at 11 p.m for numbers. Once i had to work with 102 fever . Very abusive. Every one from top to low level use abusive level in offical meetings and conf. Calls. Zero personal life. Has to work on sundays most of the times. No leaves

Work satisfaction - Bad

+2 more

Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 05 Aug 2021

5.0

for Salary and Benefits

Likes

One joins bajaj for good pay and incentives ofcourse.....If you want to earn money you join Bajaj finance limited..... that's it ......

Salary - Excellent

Dislikes

Policies and rules are different.....People are treated as per their Band not as per policy......One with the power or sitting at higher level can do anything they like or can manipulates policies......They don't treat you equally like I mentioned People are treated as per their Band not as per policy

Skill development - Poor

+2 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bajaj Finance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Bajaj Finance ?

The average salary of a Business Development Manager at Bajaj Finance in India typically ranges from ₹2.5 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 4 years to 5 years).

The top 10% of Business Development Manager at Bajaj Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Business Development Manager Salaries at Bajaj Finance 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 Bajaj Finance employees in India.

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

The estimated take-home salary of a Business Development Manager at Bajaj Finance in India typically ranges from ₹29,306 to ₹30,681 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 4 years to 5 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 Bajaj Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bajaj Finance for Business Development Manager in India?

TVS Credit	₹6.0 Lakhs to ₹15.0 Lakhs per year
LIC Housing Finance	₹4.8 Lakhs to ₹12.0 Lakhs per year
Spandana Sphoorty Financial	₹8.0 Lakhs to ₹10.0 Lakhs per year
L&T Finance	₹8.1 Lakhs to ₹13.4 Lakhs per year
Mahindra Finance	₹2.3 Lakhs to ₹10.2 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Bajaj Finance in India?

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

IIFL Finance	₹1.9 Lakhs to ₹8.0 Lakhs per year
Fusion Microfinance	₹3.0 Lakhs to ₹6.8 Lakhs per year
Muthoot Finance	₹2.4 Lakhs to ₹6.3 Lakhs per year
Bharat Financial Inclusion	₹1.0 Lakhs to ₹7.2 Lakhs per year
SK Finance Limited	₹2.6 Lakhs to ₹6.8 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 Bajaj Finance in India?

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

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹4.0 Lakhs per year
5 years	₹2.5 Lakhs to ₹4.8 Lakhs per year

and so on.

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Bajaj Finance Business Development Manager Salaries

Bajaj Finance Business Development Manager salary in India ranges between ₹2.5 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bajaj Finance latest salaries received from various employees of Bajaj Finance.

Bajaj Finance Business Development Manager salaries in India

Companies similar to Bajaj Finance for Business Development Manager

Latest annual salaries shared by Bajaj Finance Business Development Manager

Experience wise Bajaj Finance Business Development Manager salaries

Similar Designation salaries in Bajaj Finance

Salary related reviews for Bajaj Finance

Area Sales Manager in New Delhi (working remotely)

Sales Officer in Madurai

Sales Officer in Durgapur

Sales Manager in Amritsar

Sales Manager in Pune

Bajaj Finance Business Development Manager Salary FAQs

Tell us how to improve this page.