SMFG India Credit Business Development Manager Salaries by 4 Employees (Updated 2025)

0 - 10 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

60% less than the average Business Development Manager Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 0 - 5 years exp. (3 salaries)	₹2.7 L/yr - ₹3 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 13 May 2024

Companies similar to SMFG India Credit for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Development Manager Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.8 L/yr 32% more
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (125 salaries)	₹2 L/yr - ₹10 L/yr 89% more
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ICICI Bank Business Development Manager Salary 1 - 10 years exp. (109 salaries)	₹2.1 L/yr - ₹8.9 L/yr 89% more
Tata Capital Business Development Manager Salary 2 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹15.5 L/yr 285% more
Aditya Birla Capital Business Development Manager Salary 0 - 13 years exp. (84 salaries)	₹3.4 L/yr - ₹7.5 L/yr 51% more
Mahindra Finance Business Development Manager Salary 1 - 8 years exp. (22 salaries)	₹2.3 L/yr - ₹9.7 L/yr 73% more
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (31 salaries)	₹2 L/yr - ₹3.8 L/yr 4% less
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 204% more
Reliance Capital Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 20% more
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 18% more
Tata Motors Finance Business Development Manager Salary 0 - 8 years exp. (397 salaries)	₹1.2 L/yr - ₹4.8 L/yr 6% more
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SK Finance Limited Business Development Manager Salary 2 - 12 years exp. (78 salaries)	₹2.6 L/yr - ₹5.8 L/yr 28% more
IIFL Finance Business Development Manager Salary 0 - 10 years exp. (45 salaries)	₹1.9 L/yr - ₹8 L/yr 45% more
CreditAccess Grameen Business Development Manager Salary 2 - 11 years exp. (19 salaries)	₹2.2 L/yr - ₹4.8 L/yr 10% more
Muthoot Finance Business Development Manager Salary 4 - 9 years exp. (29 salaries)	₹2.8 L/yr - ₹6.3 L/yr 45% more	1 job opening
Fusion Microfinance Business Development Manager Salary 3 - 8 years exp. (20 salaries)	₹3 L/yr - ₹6.8 L/yr 50% more
HDB Financial Services Business Development Manager Salary 1 - 4 years exp. (15 salaries)	₹1.8 L/yr - ₹4.1 L/yr 16% less
Aditya Birla Finance Business Development Manager Salary 3 - 15 years exp. (14 salaries)	₹11.3 L/yr - ₹17.2 L/yr 373% more
Muthoot Fincorp Business Development Manager Salary 3 - 10 years exp. (6 salaries)	₹2.5 L/yr - ₹4 L/yr 4% more
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 35% less

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Business Development Manager salary at SMFG India Credit ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit.

Experience wise SMFG India Credit Business Development Manager salaries

Last Updated: 13 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.4 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
9 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
10 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in SMFG India Credit

Business Development Executive Salary

(3 salaries)

₹2.15 L/yr - ₹3.3 L/yr

Business Manager Salary

(4 salaries)

₹6.03 L/yr - ₹26.24 L/yr

Zonal Sales Manager Salary

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₹38 L/yr - ₹51 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹3 L/yr - ₹4.2 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Senior Sales Manager Salary

(100 salaries)

₹3.2 L/yr - ₹13.38 L/yr

Area Sales Manager Salary

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₹7.05 L/yr - ₹22 L/yr

Territory Sales Manager Salary

(35 salaries)

₹6 L/yr - ₹11 L/yr

Area Business Manager Salary

(5 salaries)

₹9.55 L/yr - ₹11 L/yr

Deputy Manager Salary

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₹3.85 L/yr - ₹7.43 L/yr

Salary related reviews for SMFG India Credit

5.0

Rated by 2 employees for salary & benefits

Sales Manager in Kadapa

Full Time

Sales & Business Development Department

5.0

• posted on 22 Mar 2024

5.0

for Salary and Benefits

Likes

I'm happy to work with SMFG company this company is excellent for every employee good salary very good incentives and also good growth 📈 working here thanks to big opportunity for me SMFG india credit

Salary - Excellent

+6 more

Dislikes

Nothing dislike this company it's a very good company more than other NBFC companies

Sales Manager in Chhindwara

Full Time

Sales & Business Development Department

5.0

• posted on 04 Mar 2023

3.0

for Salary and Benefits

Likes

There are many products here from which we get a lot of knowledge

Skill development - Excellent

+5 more

Dislikes

The salary that should have been received according to the work was not known! When the full salary was not received even after completing the achievement goal.

Sales Manager in Jorhat

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 May 2022

5.0

for Salary and Benefits

Likes

...'s worst to selling product due to high interest rate and poor customer service. Other hand, Employees are getting good salary and other benefits.

Salary - Excellent

+4 more

Dislikes

Poor customer service &high interest rate

Area Manager in Ahmedabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

..., Learning Various Products and Policy. Good Friendly Natural of Company Senior. Best Pay Scale in industry.

Salary - Excellent

+6 more

Dislikes

Only system issues and software not working properly. IT issue.

Sales Manager in Hyderabad / Secunderabad

Full Time

Sales & Business Development Department

3.0

• posted on 16 Sep 2023

4.0

for Salary and Benefits

Likes

Nice company.work condition is good. Get good insentive. Hear work and family can manage easily time manage.

Salary - Good

+2 more

Dislikes

...policy. Company hold the old staff. they can't support new join . No pramotions. They not pay TA DA expenses properly.

Skill development - Bad

+1 more

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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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SMFG India Credit Business Development Manager Salary FAQs

What is the salary of Business Development Manager at SMFG India Credit?

Business Development Manager salary at SMFG India Credit in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 60% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of SMFG India Credit India.

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

The average salary of a Business Development Manager at SMFG India Credit is 60% 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 SMFG India Credit to a Business Development Manager in India?

Aditya Birla Finance Business Development Manager Salary - ₹11.3 Lakhs to ₹17.2 Lakhs per year
Tata Capital Business Development Manager Salary - ₹5.5 Lakhs to ₹15.5 Lakhs per year
TVS Credit Business Development Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
Spandana Sphoorty Financial Business Development Manager Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year

What is the salary of a Business Development Manager in companies similar to SMFG India Credit in India?

Bharat Financial Inclusion Business Development Manager Salary - ₹1.0 Lakhs to ₹15.2 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.1 Lakhs to ₹8.9 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
Mahindra Finance Business Development Manager Salary - ₹2.3 Lakhs to ₹9.7 Lakhs per year
Aditya Birla Capital Business Development Manager Salary - ₹3.4 Lakhs to ₹7.5 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at SMFG India Credit ranges between ₹21,632 per month to ₹23,121 per month in India. The take-home salary calculation is based on the average SMFG India Credit Business Development Manager salary in India which ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at SMFG India Credit?

According to AmbitionBox, 75% of the SMFG India Credit Business Development Managers reported a notice period of 1 Month, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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SMFG India Credit Business Development Manager Salaries

SMFG India Credit Business Development Manager salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 SMFG India Credit latest salaries received from various employees of SMFG India Credit.