Equitas Small Finance Bank Mumbai Business Development Officer Salaries by 20+ Employees (Updated 2025)

0 - 5 years exp.

₹2 Lakhs - ₹3.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

10% less than the average Business Development Officer Salary in Banking Companies for 0 - 5 years of experience

Interested in this particular role? 60 job openings

Salaries in different departments

BFSI, Investments & Trading Business Development Officer Salary 1 - 5 years exp. (7 salaries)	₹2.6 L/yr - ₹3.7 L/yr
Sales & Business Development Business Development Officer Salary 0 - 3 years exp. (7 salaries)	₹2.1 L/yr - ₹3.5 L/yr
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Marketing & Communication Business Development Officer Salary 1 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Business Development Officer Salary 1 - 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.5 L/yr
Finance & Accounting Business Development Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr

Last Updated: 1 Mar 2025

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

Equitas Small Finance Bank Business Development Officer Salary

0 - 5 years exp. (24 salaries)

₹2 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Business Development Officer Salary 1 - 6 years exp. (12 salaries)	₹1.5 L/yr - ₹3.2 L/yr 29% less
IDBI Bank Business Development Officer Salary 2 - 5 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 23% less
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Crisil Business Development Officer Salary 0 - 6 years exp. (36 salaries)	₹2.8 L/yr - ₹5.5 L/yr 31% more	7 job openings
Cavinkare Business Development Officer Salary 2 - 10 years exp. (17 salaries)	₹4.5 L/yr - ₹8.5 L/yr 88% more
ICICI Bank Business Development Officer Salary 0 - 6 years exp. (16 salaries)	₹1.7 L/yr - ₹3.5 L/yr 15% less

Business Development Officer salary at Equitas Small Finance Bank ranges between ₹2 Lakhs to ₹3.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 24 latest salaries received from various employees of Equitas Small Finance Bank.

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

1mo ago

₹3.5 Lakhs

2 years exp.

1mo ago

₹3 Lakhs

1 year exp.

7mo ago

₹3 Lakhs

8 months exp.

1y ago

₹3 Lakhs

2 years exp.

1y ago

₹3.7 Lakhs

2 years exp.

1y ago

1 year exp.

1y ago

5 months exp.

1y ago

3 years exp.

1y ago

3 years exp.

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

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2 L/yr - ₹3.5 L/yr
1 year (5 salaries)	₹2.5 L/yr - ₹5.5 L/yr
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2 years (6 salaries)	₹2.1 L/yr - ₹3.7 L/yr
3 years (6 salaries)	₹2.6 L/yr - ₹3.7 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

Business Development Manager Salary

(8 salaries)

₹3.16 L/yr - ₹8.54 L/yr

Sales Officer Salary

(7 salaries)

₹2.5 L/yr - ₹3.08 L/yr

Business Development Executive Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

Top skills at Equitas Small Finance Bank for Business Development Officer

Sales Business Development Marketing Direct Sales Channel Sales Key Account Management B2B Sales Lead Generation Corporate Sales Research Market Research Communication Skills Business Development Negotiation Compliance

Salary related reviews for Equitas Small Finance Bank

Business Development Officer in Jaipur

Customer Success, Service & Operations Department

5.0

• posted on 21 Jul 2020

5.0

for Salary and Benefits

Likes

...y in EQUITAS bank is very good in through lockdown equitas bank most supportive for me in terms of salary.

Salary - Excellent

+6 more

Dislikes

Some dislikes face me with my superviser I Surve my realiving period till now because some arguments for silly conversation.

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.

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

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

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.

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

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

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

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

Promotions - Poor

see more salary related reviews

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Top trending discussions

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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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Equitas Small Finance Bank Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Equitas Small Finance Bank in Mumbai?

The average salary of a Business Development Officer at Equitas Small Finance Bank in Mumbai typically ranges from ₹2.0 Lakhs to ₹3.7 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Business Development Officer in Mumbai at Equitas Small Finance Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.7 Lakhs per year. Business Development Officer 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 20+ Equitas Small Finance Bank employees in India.

What is the estimated take home salary of a Business Development Officer at Equitas Small Finance Bank in Mumbai?

The estimated take-home salary of a Business Development Officer at Equitas Small Finance Bank in Mumbai typically ranges from ₹23,233 to ₹24,698 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from Fresher to 5 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 20+ 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 Officer at Equitas Small Finance Bank in Mumbai?

To be a Business Development Officer at Equitas Small Finance Bank in Mumbai, the key skills required include:

- Sales
- Business Development
- Marketing
- Direct Sales
- Channel Sales

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 Officer in India?

Cavinkare	₹4.5 Lakhs to ₹8.5 Lakhs per year
Crisil	₹2.8 Lakhs to ₹5.5 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 Officer in companies similar to Equitas Small Finance Bank in Mumbai?

The salary of a Business Development Officer 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:

ICICI Bank	₹1.7 Lakhs to ₹3.5 Lakhs per year
IDBI Bank	₹1.2 Lakhs to ₹2.5 Lakhs per year
IDFC FIRST Bank	₹1.5 Lakhs to ₹3.2 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 Officer at Equitas Small Finance Bank in Mumbai?

The salary growth for a Business Development Officer at Equitas Small Finance Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Officer in Mumbai can expect the following growth trajectory at Equitas Small Finance Bank:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.5 Lakhs per year
1 year	₹2.5 Lakhs to ₹5.5 Lakhs per year
2 years	₹2.1 Lakhs to ₹3.7 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.7 Lakhs per year

and so on.

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Equitas Small Finance Bank Business Development Officer Salaries in Mumbai

Equitas Small Finance Bank Business Development Officer salary in Mumbai ranges between ₹2 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.

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

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

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

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

Similar Designation salaries in Equitas Small Finance Bank

Top skills at Equitas Small Finance Bank for Business Development Officer

Salary related reviews for Equitas Small Finance Bank

Business Development Officer in Jaipur

Deputy Manager in Chennai

Sales Manager in Erode

Sales Officer in Boisar

Business Development Executive in Chennai

Equitas Small Finance Bank Business Development Officer Salary FAQs

Tell us how to improve this page.