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4.4

based on 6.1k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Equitas Small Finance Bank Business Development Manager salaries in Mumbai (Updated 2025)

Annual salary range
3 - 9 years exp.
₹3.2 Lakhs - ₹8.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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25% less than the average Business Development Manager Salary in Banking Companies for 3 - 9 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Sales & Business Development
Business Development Manager Salary
5 - 9 years exp. (4 salaries)
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₹4.1 L/yr - ₹6.1 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
4 - 9 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹8.5 L/yr

Finance & Accounting
Business Development Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹6.9 L/yr

Last Updated: 14 Feb 2025

Companies similar to Equitas Small Finance Bank for Business Development Manager in Mumbai

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Equitas Small Finance Bank Business Development Manager Salary

3 - 9 years exp. (8 salaries)
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₹3.2 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank Business Development Manager Salary

0 - 8 years exp. (192 salaries)
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₹2 L/yr - ₹5 L/yr

arrow icon 33% less
 211 job openings
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Standard Chartered Business Development Manager Salary

4 - 13 years exp. (81 salaries)
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₹3 L/yr - ₹11.8 L/yr

arrow icon 43% more
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IDFC FIRST Bank Business Development Manager Salary

4 - 7 years exp. (3 salaries)
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₹3.1 L/yr - ₹3.3 L/yr

arrow icon 41% less
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HDFC Life Business Development Manager Salary

0 - 10 years exp. (191 salaries)
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₹1.9 L/yr - ₹5 L/yr

arrow icon 33% less
 12 job openings
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BYJU'S Business Development Manager Salary

1 - 7 years exp. (126 salaries)
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₹4.5 L/yr - ₹16.6 L/yr

arrow icon 80% more
Business Development Manager salary at Equitas Small Finance Bank ranges between ₹3.2 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 8 latest salaries received from various employees of Equitas Small Finance Bank.

Latest annual salaries shared by Equitas Small Finance Bank Business Development Manager in Mumbai

1mo ago
₹3.2 Lakhs
3 years exp.
5mo ago
₹4.1 Lakhs
5 years exp.
8mo ago
₹8.5 Lakhs
9 years exp.
1y ago
₹6.1 Lakhs
9 years exp.

Experience wise Equitas Small Finance Bank Business Development Manager salaries in Mumbai

Last Updated: 14 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
4 years (AmbitionBox Estimate)

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₹4 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.2 L/yr
View all

Similar Designation salaries in Equitas Small Finance Bank

Deputy Manager Salary
(11 salaries)
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₹3.8 L/yr - ₹6.5 L/yr
Business Development Executive Salary
(4 salaries)
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₹1.8 L/yr - ₹3 L/yr

Top skills at Equitas Small Finance Bank for Business Development Manager

Business Development Management Sales Business Development Team Handling Marketing Business Development Key Account Management B2B Sales Corporate Sales Recruitment Sales Management Business Development Management Channel Sales channel management Retail

Salary related reviews for Equitas Small Finance Bank

1.0

Rated by 1 employees for salary & benefits

Deputy Manager in Chennai

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 18 Dec 2024
4.0
 for  Salary and Benefits

Likes

My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.

read more
  • Salary - Good
    • +4 more

Dislikes

No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity

read more

Sales Manager in Erode

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 29 Jun 2020
5.0
 for  Salary and Benefits

Likes

Good salary package...Excellent company bcoz of heading nice person MD Mr.Vasudevan

read more
  • Salary - Excellent
    • +1 more

Dislikes

No respect for female employee from Senior officials only...Some of senior female officials making torture in the form of unparliamentary word to male staff.Very worst behaviour of senior officials.

read more
  • Skill development - Bad
    • +4 more

Sales Officer in Boisar

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 03 Feb 2025
1.0
 for  Salary and Benefits

Likes

Bo

Dislikes

Employee are not supporting our organisation he fors to me resign a job at 2 month I have no salary credit at my notice period time sarve staff issue he not submitted to my attendance to hr thank you

read more
  • Salary - Bad
    • +5 more

Business Development Executive in Chennai

Engineering - Software & QA Department

4.0
  •  posted on 19 Apr 2022
3.0
 for  Salary and Benefits

Likes

it was good work environment and culture . some of team managers are very supportive and they became well wisher for upcoming employees

read more
  • Skill development - Good
    • +3 more

Dislikes

salary is very low and career growth is very low . incentive slap was not good for upcoming fresher .target is very much high compared to salary

read more
  • Promotions - Poor

Sales Officer in Ayodhya Nagar Nagpur

Other Department

4.0
  •  posted on 24 Apr 2021
4.0
 for  Salary and Benefits

Likes

Company is too good learning growth good opportunity IT and support team work fast company is so good

  • Salary - Good
    • +3 more

Dislikes

There is a lot of politics and the management doesn't address our issue salary hike issue there is upper leval superior/Boss is so rudly behavior

read more
  • Promotions - Poor
    • +2 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
1w (edited)
an inside sales executive
Unexpected job policies: stay or switch?
I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?
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Equitas Small Finance Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Equitas Small Finance Bank in Mumbai?
The average salary of a Business Development Manager at Equitas Small Finance Bank in Mumbai typically ranges from ₹3.2 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Business Development Manager in Mumbai at Equitas Small Finance Bank earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Business Development Manager Salaries at Equitas Small Finance Bank 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 8 Equitas Small Finance Bank employees in India.
What is the estimated take home salary of a Business Development Manager at Equitas Small Finance Bank in Mumbai?
The estimated take-home salary of a Business Development Manager at Equitas Small Finance Bank in Mumbai typically ranges from ₹41,860 to ₹42,997 per month. This is based on the average salary range of ₹3.2 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 3 years to 9 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 8 salaries received from various employees of Equitas Small Finance Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at Equitas Small Finance Bank in Mumbai?
To be a Business Development Manager at Equitas Small Finance Bank in Mumbai, the key skills required include:

  • - Business Development Management
  • - Sales
  • - Business Development
  • - Team Handling
  • - Marketing

These skills are highly valued at Equitas Small Finance Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Equitas Small Finance Bank for Business Development Manager in India?
BYJU'S ₹4.5 Lakhs to ₹16.6 Lakhs per year
Standard Chartered ₹3.0 Lakhs to ₹11.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Equitas Small Finance Bank, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Equitas Small Finance Bank in Mumbai?
The salary of a Business Development Manager at companies similar to Equitas Small Finance Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Life ₹1.9 Lakhs to ₹5.0 Lakhs per year
IndusInd Bank ₹2.0 Lakhs to ₹5.0 Lakhs per year
IDFC FIRST Bank ₹3.1 Lakhs to ₹3.3 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 Manager at Equitas Small Finance Bank in Mumbai?
The salary growth for a Business Development Manager at Equitas Small Finance Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Mumbai can expect the following growth trajectory at Equitas Small Finance Bank:

Experience Average Salary Range
3 years ₹3.7 Lakhs to ₹4.8 Lakhs per year
4 years ₹4.0 Lakhs to ₹5.1 Lakhs per year
5 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years ₹4.6 Lakhs to ₹5.8 Lakhs per year
and so on.

Tell us how to improve this page.

Equitas Small Finance Bank Business Development Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.