CreditAccess Grameen Business Development Officer Salaries by 40+ Employees (Updated 2024)

0 - 5 years exp.

₹1.3 Lakh - ₹2.9 Lakhs

Salary of majority employees

44% less than the average Business Development Officer Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development Business Development Officer Salary 0 - 3 years exp. (9 salaries)	₹1.6 L/yr - ₹2.2 L/yr
Finance & Accounting Business Development Officer Salary 1 - 5 years exp. (8 salaries)	₹1.5 L/yr - ₹2.9 L/yr
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BFSI, Investments & Trading Business Development Officer Salary 0 - 2 years exp. (5 salaries)	₹1.8 L/yr - ₹2.9 L/yr
Customer Success, Service & Operations Business Development Officer Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹2.2 L/yr
Marketing & Communication Business Development Officer Salary 5 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr

Last Updated: 11 Oct 2023

Companies similar to CreditAccess Grameen for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
Equitas Small Finance Bank Business Development Officer Salary 0 - 6 years exp. (407 salaries)	₹1.6 L/yr - ₹4.2 L/yr 53% more	7 job openings
Fusion Microfinance Business Development Officer Salary 0 - 6 years exp. (91 salaries)	₹1.9 L/yr - ₹4.1 L/yr 57% more
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Muthoot Finance Business Development Officer Salary 0 - 6 years exp. (63 salaries)	₹1.5 L/yr - ₹3.3 L/yr 19% more
HDB Financial Services Business Development Officer Salary 0 - 2 years exp. (12 salaries)	₹1.6 L/yr - ₹3 L/yr 12% more
Aditya Birla Finance Business Development Officer Salary 2 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹3.4 L/yr 49% more
Muthoot Fincorp Business Development Officer Salary 2 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹3 L/yr 28% more
Piramal Capital Housing Finance Business Development Officer Salary 2 - 8 years exp. (5 salaries)	₹1.6 L/yr - ₹2.5 L/yr 3% more
Bajaj Finance Business Development Officer Salary 1 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹3.5 L/yr 40% more
Mahindra Finance Business Development Officer Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr 40% more
IIFL Finance Business Development Officer Salary 1 - 2 years exp. (3 salaries)	₹2.7 L/yr - ₹3.3 L/yr 40% more
Home Credit Finance Business Development Officer Salary 5 - 8 years exp. (3 salaries)	₹1.8 L/yr - ₹3.6 L/yr 40% 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 65% more
Shriram Finance Business Development Officer Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 10% more
Tata Capital Business Development Officer Salary 2 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹4.1 L/yr 27% more

Business Development Officer salary at CreditAccess Grameen ranges between ₹1.3 Lakh to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 40 latest salaries received from various employees of CreditAccess Grameen.

Experience wise CreditAccess Grameen Business Development Officer salaries

Last Updated: 11 Oct 2023

Experience	Avg Annual Salary
Fresher (5 salaries)	₹1.5 L/yr - ₹2 L/yr
1 year (19 salaries)	₹1.3 L/yr - ₹2.9 L/yr
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2 years (10 salaries)	₹1.6 L/yr - ₹2.9 L/yr
3 years (4 salaries)	₹1.6 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.8 L/yr

View all

Similar Designation salaries in CreditAccess Grameen

Business Development Manager Salary

(23 salaries)

₹2.15 L/yr - ₹4.75 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Business Development Executive Salary

(3 salaries)

₹1.6 L/yr - ₹3.05 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹11 L/yr - ₹14 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Sales Executive Salary

(10 salaries)

₹1.4 L/yr - ₹2.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Sales Manager Salary

(8 salaries)

₹6.1 L/yr - ₹8 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Salary related reviews for CreditAccess Grameen

2.8

Rated by 13 employees for salary & benefits

Business Development Officer in Dharwad

BFSI, Investments & Trading Department

5.0

• posted on 08 Jun 2021

5.0

for Salary and Benefits

Likes

Good work environment and culture.

Dislikes

There is a lot of politics and management doesn't address our issues. Salary is decent but career growth is slow. There is bond of 2 years before which cannot resign. On the job training is not given to new joiners.

Business Development Manager

Full Time

Marketing & Communication Department

4.0

• posted on 19 Jun 2019

4.0

for Salary and Benefits

Likes

After starting retail financial services company is growth is good, company shares also increased, the culture of company is awesome employees can easily balance there work and personal life.

Dislikes

Drawback is salary and incentives to entry level employees are too low, appraisal time is too long they I'll take around 60 days to finalize the appraisal.

Branch Manager in Nagpur

Finance & Accounting Department

4.0

• posted on 12 Apr 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Assistant Operations Excellence Manager in Bangalore / Bengaluru

Full Time

Product Management Department

4.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

A great place to work. Amazing culture. Seniors are very helpful and Humble. Everyone is supportive. Appraisal is the best part as every year we get good bonus and hike. Work life balance is great

Dislikes

Salary is not satisfactory.

Recovery Executive in Bhinmal

Full Time

Finance & Accounting Department

3.0

• posted on 30 Aug 2024

5.0

for Salary and Benefits

Likes

Working at Credit Access Grameen, a leading microfinance institution in India, can offer several benefits. Employees often appreciate the organization's commitment to financial inclusion and the positive social impact it creates by providing credit to underserved communities. The company culture usually emphasizes teamwork, growth, and learning opportunities. Additionally, being part of a mission-driven organization can be personally rewarding, as you contribute to empowering individuals and fostering economic development in low-income areas.

Dislikes

...perceived or real limitations in career advancement or professional development. Compensation: Some employees might feel that the salary and benefits do not align with their level of responsibility or industry standards. Work-Life Balance: The demands of the job might impact personal time and work-life balance. Organizational Changes: Frequent changes in company policies or leadership might create an unstable work environment. These points can vary based on role, location, and individual experiences.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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CreditAccess Grameen Business Development Officer Salary FAQs

What is the salary of Business Development Officer at CreditAccess Grameen?

Business Development Officer salary at CreditAccess Grameen in India ranges between ₹1.3 Lakhs to ₹2.9 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 44% less than the average Business Development Officer Salary in India. Salary estimates are based on 40 latest salaries received from various employees of CreditAccess Grameen India.

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

The average salary of a Business Development Officer at CreditAccess Grameen is 44% 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 CreditAccess Grameen to a Business Development Officer in India?

Aavas Financiers Business Development Officer Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
Fusion Microfinance Business Development Officer Salary - ₹1.9 Lakhs to ₹4.1 Lakhs per year
Equitas Small Finance Bank Business Development Officer Salary - ₹1.6 Lakhs to ₹4.2 Lakhs per year
Aditya Birla Finance Business Development Officer Salary - ₹2.9 Lakhs to ₹3.4 Lakhs per year
IIFL Finance Business Development Officer Salary - ₹2.7 Lakhs to ₹3.3 Lakhs per year

What is the salary of a Business Development Officer in companies similar to CreditAccess Grameen in India?

Bajaj Finance Business Development Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year
Home Credit Finance Business Development Officer Salary - ₹1.8 Lakhs to ₹3.6 Lakhs per year
Mahindra Finance Business Development Officer Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
Muthoot Fincorp Business Development Officer Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
Tata Capital Business Development Officer Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year

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

The estimated take-home salary of a Business Development Officer at CreditAccess Grameen ranges between ₹13,953 per month to ₹15,430 per month in India. The take-home salary calculation is based on the average CreditAccess Grameen Business Development Officer salary in India which ranges between ₹1.3 Lakhs to ₹2.9 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

What is the notice period for Business Development Officer at CreditAccess Grameen?

According to AmbitionBox, 50% of the CreditAccess Grameen Business Development Officers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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CreditAccess Grameen Business Development Officer Salaries

CreditAccess Grameen Business Development Officer salary in India ranges between ₹1.3 Lakh to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 CreditAccess Grameen latest salaries received from various employees of CreditAccess Grameen.