Cholamandalam Investment & Finance Business Development Executive Salaries by 10+ Employees

2 - 7 years exp.

₹1.9 Lakh - ₹4.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% less than the average Business Development Executive Salary in Financial Services Companies for 2 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Business Development Executive Salary 3 - 6 years exp. (4 salaries)	₹1.9 L/yr - ₹2.6 L/yr
Marketing & Communication Business Development Executive Salary 5 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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Sales & Business Development Business Development Executive Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
BFSI, Investments & Trading Business Development Executive Salary 6 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
Customer Success, Service & Operations Business Development Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.1 L/yr

Last Updated: 24 Nov 2023

Companies similar to Cholamandalam Investment & Finance for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
American Express Business Development Executive Salary 0 - 6 years exp. (265 salaries)	₹2 L/yr - ₹6 L/yr 35% more
Motilal Oswal Financial Services Business Development Executive Salary 0 - 3 years exp. (216 salaries)	₹1.5 L/yr - ₹4.3 L/yr 14% more	1 job opening
Login to view exact salary
HDFC Sales Business Development Executive Salary 0 - 6 years exp. (18 salaries)	₹2 L/yr - ₹3.5 L/yr 7% less
Bajaj Finserv Business Development Executive Salary 0 - 6 years exp. (18 salaries)	₹1.6 L/yr - ₹4.4 L/yr 10% more
The Muthoot Group Business Development Executive Salary 0 - 5 years exp. (18 salaries)	₹1.2 L/yr - ₹4 L/yr 10% less
Citicorp Business Development Executive Salary 0 - 3 years exp. (10 salaries)	₹2.9 L/yr - ₹3.5 L/yr 7% more
Wells Fargo Business Development Executive Salary 1 - 7 years exp. (6 salaries)	₹6 L/yr - ₹15.5 L/yr 285% more
Shriram Group Business Development Executive Salary 2 - 5 years exp. (5 salaries)	₹1.6 L/yr - ₹5 L/yr 12% more
HSBC Group Business Development Executive Salary 1 - 8 years exp. (3 salaries)	₹3 L/yr - ₹10 L/yr 111% more

Business Development Executive salary at Cholamandalam Investment & Finance ranges between ₹1.9 Lakh to ₹4.2 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam Investment & Finance.

Latest annual salaries shared by Cholamandalam Investment & Finance Business Development Executive

1y ago

₹4 Lakhs

6 years exp.

1y ago

₹2.2 Lakhs

6 years exp.

1y ago

₹4.2 Lakhs

5 years exp.

1y ago

₹4.2 Lakhs

5 years exp.

1y ago

₹3.1 Lakhs

2 years exp.

1y ago

6 years exp.

1y ago

3 years exp.

1y ago

7 years exp.

1y ago

4 years exp.

1y ago

3 years exp.

Experience wise Cholamandalam Investment & Finance Business Development Executive salaries

Last Updated: 24 Nov 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.1 L/yr
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4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.1 L/yr
5 years (3 salaries)	₹2.2 L/yr - ₹4.2 L/yr
6 years (3 salaries)	₹2.2 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5.2 L/yr

View all

Similar Designation salaries in Cholamandalam Investment & Finance

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Business Development Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Business Development Manager Salary

(5 salaries)

₹1.85 L/yr - ₹6 L/yr

Business Executive Salary

(9 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Area Sales Executive Salary

(4 salaries)

₹1.2 L/yr - ₹3.05 L/yr

Senior Sales Executive Salary

(27 salaries)

₹1.6 L/yr - ₹4 L/yr

Sales Executive Salary

(152 salaries)

₹1.1 L/yr - ₹3.8 L/yr

Marketing Executive Salary

(6 salaries)

₹1.4 L/yr - ₹2.4 L/yr

Business Analyst Salary

(16 salaries)

₹6.71 L/yr - ₹10.5 L/yr

Senior Sales Officer Salary

(100 salaries)

₹1.55 L/yr - ₹5 L/yr

Salary related reviews for Cholamandalam Investment & Finance

3.4

Rated by 3 employees for salary & benefits

Team Lead in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 19 Feb 2025

4.0

for Salary and Benefits

Likes

On time salary, every year salary increment, bonus, good working environment at local branchs.

Salary - Good

+3 more

Dislikes

Work life balance, something huge pressure, force to work on holiday and Sunday. Working time, as per work salary justification

Company culture - Poor

+1 more

Relationship Manager in Ranchi

Full Time

Finance & Accounting Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

There is literally nothing to like about Cholamandalam Investment & Finance.

Dislikes

...They'll just force you everytime for no reason, company is full of backstabbers. Not even paid my Bonus Amount for this financial year, after mailing me the details with entire amount, they kept the money.

Salary - Bad

+6 more

Senior Sales Officer in Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 01 Mar 2024

1.0

for Salary and Benefits

Likes

Only I like in this company is timely incentive and salary .

Dislikes

Work environment worst , full pressure to sell other products if your background is from loan and they will pressurise you to do collection and sell motor insurance, concall from higher level is very terrible 5-6 con call in a day , bosses doesn't support junior level employees always pressurise them no job time they will tell you should work from 9 am in the morning and no time till night . Very bad company.

Salary - Bad

+6 more

Area Sales Manager in Patna

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 29 Jul 2023

3.0

for Salary and Benefits

Likes

Not Very Good But Satisfactory Salary Compensation

Dislikes

No holidays, You have to work all 7 days a week but as per HR attendance system they mark your attendance 5 days rest 2 days (Saturday & Sunday) are weekly off. Working hours starts early morning from 6 am and there is no fixed time to return back to home. Apart from these if you are in recovery department and if your targets were getting short then you will be forced by seniors to get it achieved through you salary.like this there are many more things which are wrong in this organisation specially in Bihar & Jharkhand.

Skill development - Bad

+4 more

Area Sales Manager in Patna

Full Time

Finance & Accounting Department

2.0

• posted on 06 Sep 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Salary - Good

Dislikes

Working 7 days a week No holiday Self funding for reducing NPA Senior talking in abusing language Down the line they treat as slave and people working here for Pvt Gift volunteer and incentive

Skill development - Bad

+5 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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Cholamandalam Investment & Finance Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Cholamandalam Investment & Finance ?

The average salary of a Business Development Executive at Cholamandalam Investment & Finance in India typically ranges from ₹1.9 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Business Development Executive at Cholamandalam Investment & Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Business Development Executive Salaries at Cholamandalam Investment & 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 10+ Cholamandalam Investment & Finance employees in India.

What is the estimated take home salary of a Business Development Executive at Cholamandalam Investment & Finance in India?

The estimated take-home salary of a Business Development Executive at Cholamandalam Investment & Finance in India typically ranges from ₹20,244 to ₹21,903 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 7 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 10+ salaries received from various employees of Cholamandalam Investment & Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Cholamandalam Investment & Finance for Business Development Executive in India?

Wells Fargo	₹6.0 Lakhs to ₹15.5 Lakhs per year
HSBC Group	₹3.0 Lakhs to ₹10.0 Lakhs per year
American Express	₹2.0 Lakhs to ₹6.0 Lakhs per year
Motilal Oswal Financial Services	₹1.5 Lakhs to ₹4.3 Lakhs per year
Shriram Group	₹1.6 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Business Development Executive in companies similar to Cholamandalam Investment & Finance in India?

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

Bajaj Finserv	₹1.6 Lakhs to ₹4.4 Lakhs per year
Citicorp	₹2.9 Lakhs to ₹3.5 Lakhs per year
HDFC Sales	₹2.0 Lakhs to ₹3.5 Lakhs per year
The Muthoot Group	₹1.2 Lakhs to ₹4.0 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 Executive at Cholamandalam Investment & Finance in India?

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

Experience	Average Salary Range
2 years	₹1.1 Lakhs to ₹3.1 Lakhs per year
3 years	₹1.9 Lakhs to ₹5.1 Lakhs per year
4 years	₹1.9 Lakhs to ₹5.1 Lakhs per year
5 years	₹2.2 Lakhs to ₹4.2 Lakhs per year

and so on.

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Cholamandalam Investment & Finance Business Development Executive Salaries

Cholamandalam Investment & Finance Business Development Executive salary in India ranges between ₹1.9 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Cholamandalam Investment & Finance latest salaries received from various employees of Cholamandalam Investment & Finance.

Cholamandalam Investment & Finance Business Development Executive salaries in India

Companies similar to Cholamandalam Investment & Finance for Business Development Executive

Latest annual salaries shared by Cholamandalam Investment & Finance Business Development Executive

Experience wise Cholamandalam Investment & Finance Business Development Executive salaries

Similar Designation salaries in Cholamandalam Investment & Finance

Salary related reviews for Cholamandalam Investment & Finance

Team Lead in Kolkata

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Area Sales Manager in Patna

Area Sales Manager in Patna

Cholamandalam Investment & Finance Business Development Executive Salary FAQs

Tell us how to improve this page.