Cholamandalam Securities Business Development Manager Salaries by 5 Employees (Updated 2025)

0 - 9 years exp.

₹4.8 Lakhs - ₹5.5 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Business Development Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 0 - 9 years of experience

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Salaries in different departments

Marketing & Communication Business Development Manager Salary Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr
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Sales & Business Development Business Development Manager Salary Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 11 Feb 2025

Companies similar to Cholamandalam Securities for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Business Development Manager Salary 1 - 13 years exp. (12 salaries)	₹3.5 L/yr - ₹8 L/yr 23% more
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 44% less
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Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 13% less
Sharekhan Business Development Manager Salary 2 - 5 years exp. (4 salaries)	₹7.6 L/yr - ₹11.8 L/yr 45% more
Angel One Business Development Manager Salary 1 - 9 years exp. (146 salaries)	₹2 L/yr - ₹6.5 L/yr 20% less	4 job openings
Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (35 salaries)	₹2.2 L/yr - ₹9 L/yr 3% less
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 32% less
Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 34% more
IIFL Securities Business Development Manager Salary 0 - 6 years exp. (48 salaries)	₹2.4 L/yr - ₹5.5 L/yr 27% less
Swastika Investmart Business Development Manager Salary 1 - 5 years exp. (8 salaries)	₹1.7 L/yr - ₹3.5 L/yr 52% less
MNC Group Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹3 L/yr - ₹14 L/yr 60% more
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ASK Investment Managers Business Development Manager Salary 5 - 8 years exp. (4 salaries)	₹10.3 L/yr - ₹13.7 L/yr 124% more
Globe Capital Market Business Development Manager Salary 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹6 L/yr 34% less

Business Development Manager salary at Cholamandalam Securities ranges between ₹4.8 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Securities.

Experience wise Cholamandalam Securities Business Development Manager salaries

Last Updated: 11 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹5.5 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
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2 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.1 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr

View all

Similar Designation salaries in Cholamandalam Securities

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Area Sales Manager Salary

(4 salaries)

₹6.5 L/yr - ₹15 L/yr

Area Business Manager Salary

(8 salaries)

₹8.5 L/yr - ₹12 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Branch Manager Salary

(11 salaries)

₹5.6 L/yr - ₹9 L/yr

Relationship Manager Salary

(26 salaries)

₹2.6 L/yr - ₹7.5 L/yr

Sales Manager Salary

(7 salaries)

₹3.5 L/yr - ₹4 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹15.8 L/yr - ₹20.2 L/yr

Sales Executive Salary

(4 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Salary related reviews for Cholamandalam Securities

1.0

Rated by 1 employees for salary & benefits

Key Account Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 13 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing in this company for sure false management false people scamming and making fool out of employees ans coustomer.

Dislikes

Everything about this company as a management trainee they show you a diffrent picture but the ground reality is totally different management is abusive they you mother father as their regular language.

Salary - Bad

+6 more

Chief Manager in Kolkata

Full Time

Marketing & Communication Department

4.0

• posted on 06 Feb 2025

4.0

for Salary and Benefits

Likes

Office location and timing flexibility , upper level bosses are supportive.

Salary - Good

+1 more

Dislikes

RH in Kolkata are not perfect. Toxic leadership gone happen in Kolkata Retail Broking.. other wise PCG department is far Good then Retail. I should had joined in pcg

Skill development - Poor

+4 more

Branch Manager in Patna

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 14 Jul 2023

5.0

for Salary and Benefits

Likes

I feel very much Gap between Employee and Employer.Threre are no Communication between Employee and Employer.

Salary - Excellent

+1 more

Dislikes

I am not Recommend anyone Join in this organisation specially in Chola Securities Ltd because no one will care your career always keep in dark .

Skill development - Bad

+4 more

Area Business Manager in Indore

Full Time

Sales & Business Development Department

1.0

• posted on 29 Jun 2023

3.0

for Salary and Benefits

Likes

Overall Chola Group is better but Cholamandalam Securities verticle is worst.

Dislikes

This verticle is worst, no body want to listen, they have no proper system, If any problem in Business Development & you will inform to senior authorities but there will no solution. Only Employees harrasment.

Skill development - Bad

+5 more

Branch Head in Chennai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Jul 2022

3.0

for Salary and Benefits

Likes

Total Politics Organization. we cant explore anything there, all are vintage people with zero knowledge. If we show our performance through experience, they only thing they do is fireup... I Worked with Motilal oswal for 5 years as an sales manager prior to join Chola, In MO the recognize only through our performance and our MIS Speaks... Here in Chola all are vintage people working in same company, if we try to correct something is wrong they will digest they only thing they do fireup in root itself, otherwise their job will be in suffer. The Pathitic part is even HR and Compliance department work with influence.

Dislikes

Fully Politics, If you see the top hirachy all are 10+ experience from same organization. you cannot find more then 1% in top level, that 1% is also because of they learn and keep themselves deaf and dump for their survival...

Skill development - Bad

+5 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Cholamandalam Securities Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Cholamandalam Securities?

Business Development Manager salary at Cholamandalam Securities in India ranges between ₹4.8 Lakhs to ₹5.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 30% less than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Cholamandalam Securities India.

How does the salary of a Business Development Manager at Cholamandalam Securities India compare with the average salary range for this job?

The average salary of a Business Development Manager at Cholamandalam Securities is 30% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Cholamandalam Securities to a Business Development Manager in India?

ASK Investment Managers Business Development Manager Salary - ₹10.3 Lakhs to ₹13.7 Lakhs per year
MNC Group Business Development Manager Salary - ₹3.0 Lakhs to ₹14.0 Lakhs per year
Sharekhan Business Development Manager Salary - ₹7.6 Lakhs to ₹11.8 Lakhs per year
Axis Direct Business Development Manager Salary - ₹4.9 Lakhs to ₹9.8 Lakhs per year
ICICI Securities Business Development Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Cholamandalam Securities in India?

Motilal Oswal Financial Services Business Development Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
Kotak Securities Business Development Manager Salary - ₹3.1 Lakhs to ₹5.2 Lakhs per year
Angel One Business Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
IIFL Securities Business Development Manager Salary - ₹2.4 Lakhs to ₹5.5 Lakhs per year
Edelweiss Business Development Manager Salary - ₹2.5 Lakhs to ₹7.6 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at Cholamandalam Securities ranges between ₹39,487 per month to ₹40,660 per month in India. The take-home salary calculation is based on the average Cholamandalam Securities Business Development Manager salary in India which ranges between ₹4.8 Lakhs to ₹5.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Cholamandalam Securities?

According to AmbitionBox, 40% of the Cholamandalam Securities Business Development Managers reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Cholamandalam Securities Business Development Manager Salaries by Location

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Cholamandalam Securities Business Development Manager Salaries

Cholamandalam Securities Business Development Manager salary in India ranges between ₹4.8 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Cholamandalam Securities latest salaries received from various employees of Cholamandalam Securities.

Cholamandalam Securities Business Development Manager salaries in India (Updated 2025)

Companies similar to Cholamandalam Securities for Business Development Manager

Latest annual salaries shared by Cholamandalam Securities Business Development Manager

Experience wise Cholamandalam Securities Business Development Manager salaries

Similar Designation salaries in Cholamandalam Securities

Salary related reviews for Cholamandalam Securities

Key Account Manager in Pune

Chief Manager in Kolkata

Branch Manager in Patna

Area Business Manager in Indore

Branch Head in Chennai

Cholamandalam Securities Business Development Manager Salary FAQs

Tell us how to improve this page.

Cholamandalam Securities Business Development Manager Salaries by Location