Berar Finance Business Development Officer Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹3 Lakhs - ₹3.1 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Business Development Officer Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting Business Development Officer Salary 1 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3.3 L/yr
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Sales & Business Development Business Development Officer Salary 3 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.4 L/yr

Last Updated: 11 Jun 2024

Companies similar to Berar Finance for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Development Officer Salary 1 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 7% less
HDFC Bank Business Development Officer Salary 0 - 6 years exp. (187 salaries)	₹1.2 L/yr - ₹3.8 L/yr 22% less
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ICICI Bank Business Development Officer Salary 0 - 5 years exp. (291 salaries)	₹1.2 L/yr - ₹3.8 L/yr 21% less
Kotak Mahindra Bank Business Development Officer Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹4 L/yr 7% less
Axis Bank Business Development Officer Salary 0 - 4 years exp. (60 salaries)	₹1.7 L/yr - ₹3.2 L/yr 17% less
LIC Housing Finance Business Development Officer Salary 2 - 30 years exp. (3 salaries)	₹7.2 L/yr - ₹18 L/yr 284% more
Mahindra Finance Business Development Officer Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 7% less
Ugro Capital Business Development Officer Salary 0 - 4 years exp. (6 salaries)	₹2.4 L/yr - ₹2.9 L/yr 17% less
MAS Financial Services Business Development Officer Salary 0 - 3 years exp. (5 salaries)	₹3.6 L/yr - ₹4.5 L/yr 44% more
Kotak Mahindra Prime Business Development Officer Salary 0 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.7 L/yr 19% less
Sundaram Finance Business Development Officer Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 18% more
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Aavas Financiers Business Development Officer Salary 3 - 6 years exp. (3 salaries)	₹2.4 L/yr - ₹3.8 L/yr 10% more

Business Development Officer salary at Berar Finance ranges between ₹3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Berar Finance.

Experience wise Berar Finance Business Development Officer salaries

Last Updated: 11 Jun 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Berar Finance

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Sales Officer Salary

(5 salaries)

₹1.85 L/yr - ₹2.95 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹17.1 L/yr - ₹21.8 L/yr

Sales Executive Salary

(32 salaries)

₹1 L/yr - ₹2.5 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Area Sales Manager Salary

(3 salaries)

₹5 L/yr - ₹6.3 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Branch Manager Salary

(33 salaries)

₹2.4 L/yr - ₹5 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Salary related reviews for Berar Finance

Sales Executive in Durg

Finance & Accounting Department

5.0

• posted on 24 May 2022

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good appraisals are fair and they give good salary hike and bonus every year.

Dislikes

Career growth is slow.

Branch Manager in Kolhapur

Sales & Marketing Department

1.0

• posted on 12 Apr 2021

1.0

for Salary and Benefits

Likes

Political cuture in management level , Not job security, working culture is poor, company policy not satisfied, not person life,

Dislikes

Salary not secure, job training is not given to new joinees, management poor

Branch Head in Pune

Full Time

Marketing & Sales Department

3.0

• posted on 05 Sep 2023

2.0

for Salary and Benefits

Likes

Less pressure as compared to other companies also no VC which are really irritating for everyone

Dislikes

No training, no recognition, no reward, no motivation, no incentive, salary never get on time, increment neither predictable nor fix even month also not fix, no proper HR policies, can transfer anywhere....

Internal Audit Officer in Nagpur

Full Time

Finance & Accounting Department

3.0

• posted on 27 Sep 2024

2.0

for Salary and Benefits

Likes

Apart from this Internal Audit , other departments are good and their work culture are also good .The company is good but employee benifits are not much.

Dislikes

...d not have been given the Diwali bonus even though I was eligible for the bonus. Here 2 PF amounts are deducted from the salary itself whereas this does not happen in other NBFC and Banks ,although the salary in CTC is given there like other NBFC and Banks.

Collections Executive in Nagpur

Finance Department

3.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

Job security is good

Dislikes

There is a lot of politics among top managemnets, salary is also less and so the career growth, office timing is of 11-12 hrs No safety measures taken during covid No incentive on work nor appreciation

see more salary related reviews

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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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Berar Finance Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Berar Finance?

Business Development Officer salary at Berar Finance in India ranges between ₹3.0 Lakhs to ₹3.1 Lakhs for experience between 1 years to 5 years. According to our estimates it is 17% less than the average Business Development Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Berar Finance India.

How does the salary of a Business Development Officer at Berar Finance India compare with the average salary range for this job?

The average salary of a Business Development Officer at Berar Finance is 17% less than the average salary of a Business Development Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Berar Finance to a Business Development Officer in India?

LIC Housing Finance Business Development Officer Salary - ₹7.2 Lakhs to ₹18.0 Lakhs per year
MAS Financial Services Business Development Officer Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year
Sundaram Finance Business Development Officer Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year
Aavas Financiers Business Development Officer Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year

What is the salary of a Business Development Officer in companies similar to Berar Finance in India?

Kotak Mahindra Bank Business Development Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year
Bajaj Finance Business Development Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance Business Development Officer Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
Ugro Capital Business Development Officer Salary - ₹2.4 Lakhs to ₹2.9 Lakhs per year
Axis Bank Business Development Officer Salary - ₹1.7 Lakhs to ₹3.2 Lakhs per year

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

The estimated take-home salary of a Business Development Officer at Berar Finance ranges between ₹21,842 per month to ₹23,328 per month in India. The take-home salary calculation is based on the average Berar Finance Business Development Officer salary in India which ranges between ₹3.0 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Business Development Officer at Berar Finance?

According to AmbitionBox, 75% of the Berar Finance Business Development Officers reported a notice period of 15 days or less, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Berar Finance Business Development Officer Salaries

Berar Finance Business Development Officer salary in India ranges between ₹3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Berar Finance latest salaries received from various employees of Berar Finance.