Cholamandalam Investment & Finance Business Development Executive Salaries by 10+ Employees (Updated 2025)

2 - 7 years exp.

₹1.9 Lakh - ₹4.2 Lakhs

Salary of majority employees

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

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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
Bajaj Finance Business Development Executive Salary 0 - 4 years exp. (5 salaries)	₹2.2 L/yr - ₹2.7 L/yr 5% less
HDFC Bank Business Development Executive Salary 0 - 5 years exp. (214 salaries)	₹1.2 L/yr - ₹4 L/yr 17% less
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Mahindra Finance Business Development Executive Salary 0 - 10 years exp. (173 salaries)	₹1.6 L/yr - ₹6.5 L/yr 26% more
Shriram Finance Business Development Executive Salary 0 - 3 years exp. (43 salaries)	₹1.7 L/yr - ₹3.5 L/yr 6% less
L&T Finance Business Development Executive Salary 0 - 5 years exp. (9 salaries)	₹1.7 L/yr - ₹3.1 L/yr 8% less
Muthoot Finance Business Development Executive Salary 0 - 4 years exp. (21 salaries)	₹1.5 L/yr - ₹3.2 L/yr 14% less
Reliance Capital Business Development Executive Salary 0 - 9 years exp. (4 salaries)	₹1.2 L/yr - ₹9 L/yr 49% more
American Express Business Development Executive Salary 0 - 6 years exp. (271 salaries)	₹2 L/yr - ₹6 L/yr 34% more
Motilal Oswal Financial Services Business Development Executive Salary 0 - 3 years exp. (216 salaries)	₹1.5 L/yr - ₹4.3 L/yr 17% more	1 job opening
Bajaj Finserv Business Development Executive Salary 0 - 6 years exp. (19 salaries)	₹1.6 L/yr - ₹4.4 L/yr 10% more
HDFC Sales Business Development Executive Salary 0 - 6 years exp. (18 salaries)	₹2 L/yr - ₹3.5 L/yr 8% less
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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
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.

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 - ₹2.54 L/yr

Area Sales Executive Salary

(4 salaries)

₹1.2 L/yr - ₹3.05 L/yr

Senior Sales Executive Salary

(29 salaries)

₹1.6 L/yr - ₹4 L/yr

Sales Executive Salary

(153 salaries)

₹1.1 L/yr - ₹4 L/yr

Marketing Executive Salary

(6 salaries)

₹1.4 L/yr - ₹2.4 L/yr

Business Analyst Salary

(17 salaries)

₹3.53 L/yr - ₹15 L/yr

Senior Sales Officer Salary

(102 salaries)

₹1.55 L/yr - ₹4 L/yr

Salary related reviews for Cholamandalam Investment & Finance

3.4

Rated by 3 employees for salary & benefits

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

Area Sales Manager in Jalgaon

Full Time

Sales & Business Development Department

3.0

• posted on 22 Aug 2023

4.0

for Salary and Benefits

Likes

Salary & benefits

Salary - Good

Dislikes

There is no job security and there is lot of politics , can't give time to family while working there Focus on the task at hand and don't put pressure on the cross sell product & other

Job security - Bad

+1 more

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What people are saying about Cholamandalam Investment & Finance

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a head branch credit ops

Career Suggestions.

I am a Credit Officer working in a NBFC Company since last 5 years. In the last 5 years of my period I have gathered lots of experience in the field of Finance. But the biggest concern is though I gathered a lot of experience my CTC is 3.0 LPA. Though I got the opportunity to swap my company. I am confused about what I do. Please advise?

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Cholamandalam Investment & Finance Business Development Executive Salary FAQs

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

Business Development Executive salary at Cholamandalam Investment & Finance in India ranges between ₹1.9 Lakhs to ₹4.2 Lakhs for experience between 2 years to 7 years. According to our estimates it is 27% less than the average Business Development Executive Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Cholamandalam Investment & Finance India.

How does the salary of a Business Development Executive at Cholamandalam Investment & Finance India compare with the average salary range for this job?

The average salary of a Business Development Executive at Cholamandalam Investment & Finance is 27% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Investment & Finance to a Business Development Executive in India?

Wells Fargo Business Development Executive Salary - ₹6.0 Lakhs to ₹15.5 Lakhs per year
HSBC Group Business Development Executive Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Reliance Capital Business Development Executive Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year
American Express Business Development Executive Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance Business Development Executive Salary - ₹1.6 Lakhs to ₹6.5 Lakhs per year

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

Motilal Oswal Financial Services Business Development Executive Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year
Bajaj Finserv Business Development Executive Salary - ₹1.6 Lakhs to ₹4.4 Lakhs per year
Citicorp Business Development Executive Salary - ₹2.9 Lakhs to ₹3.5 Lakhs per year
Bajaj Finance Business Development Executive Salary - ₹2.2 Lakhs to ₹2.7 Lakhs per year
Shriram Finance Business Development Executive Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year

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 ranges between ₹20,244 per month to ₹21,903 per month in India. The take-home salary calculation is based on the average Cholamandalam Investment & Finance Business Development Executive salary in India which ranges between ₹1.9 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Business Development Executive at Cholamandalam Investment & Finance?

According to AmbitionBox, 63% of the Cholamandalam Investment & Finance Business Development Executives reported a notice period of 15 days or less, 37% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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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

Relationship Manager in Ranchi

Senior Sales Officer in Mumbai

Area Sales Manager in Patna

Area Sales Manager in Patna

Area Sales Manager in Jalgaon

Cholamandalam Investment & Finance Business Development Executive Salary FAQs

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