HDB Financial Services Business Development Manager Salaries by 10+ Employees

1 - 4 years exp.

₹1.8 Lakh - ₹4.1 Lakhs

Salary of majority employees

Fixed (56%)

₹1.4 Lakh

Variable (44%)

₹1.1 Lakh

67% less than the average Business Development Manager Salary in NBFC Companies for 1 - 4 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹4.1 L/yr
BFSI, Investments & Trading Business Development Manager Salary 3 years exp. (3 salaries)	₹2.1 L/yr - ₹3.6 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 9 Oct 2024

Companies similar to HDB Financial Services for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Finance Business Development Manager Salary 0 - 8 years exp. (394 salaries)	₹1 L/yr - ₹4.8 L/yr 26% more
SK Finance Limited Business Development Manager Salary 2 - 9 years exp. (70 salaries)	₹2.6 L/yr - ₹6.8 L/yr 53% more
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IIFL Finance Business Development Manager Salary 0 - 10 years exp. (44 salaries)	₹1.9 L/yr - ₹8 L/yr 80% more
Muthoot Finance Business Development Manager Salary 4 - 10 years exp. (38 salaries)	₹2.7 L/yr - ₹6.3 L/yr 75% more	1 job opening
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (36 salaries)	₹2 L/yr - ₹4.3 L/yr 12% more
Mahindra Finance Business Development Manager Salary 2 - 8 years exp. (21 salaries)	₹2.3 L/yr - ₹10.2 L/yr 122% more
Fusion Microfinance Business Development Manager Salary 3 - 8 years exp. (20 salaries)	₹3 L/yr - ₹6.8 L/yr 78% more
CreditAccess Grameen Business Development Manager Salary 2 - 11 years exp. (19 salaries)	₹2.2 L/yr - ₹4.8 L/yr 31% more
Aditya Birla Finance Business Development Manager Salary 1 - 15 years exp. (16 salaries)	₹7.7 L/yr - ₹11.9 L/yr 289% more
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 262% more
Muthoot Fincorp Business Development Manager Salary 3 - 11 years exp. (7 salaries)	₹2.5 L/yr - ₹6 L/yr 33% more
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Hero FinCorp Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹6.5 L/yr 98% more
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 23% less
TVS Credit Business Development Manager Salary 2 - 30 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 319% more
Bajaj Finance Business Development Manager Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.8 L/yr 57% more
SMFG India Credit Business Development Manager Salary 0 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 19% more
Shubham Housing Development Finance Business Development Manager Salary 2 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹3.5 L/yr 29% more
Bharat Financial Inclusion Business Development Manager Salary 1 - 15 years exp. (3 salaries)	₹1 L/yr - ₹7.2 L/yr 57% more
Aye Finance Business Development Manager Salary 2 - 12 years exp. (3 salaries)	₹2.5 L/yr - ₹5 L/yr 64% more
Muthoot Microfin Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 13% less

View all

Business Development Manager salary at HDB Financial Services ranges between ₹1.8 Lakh to ₹4.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 15 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Business Development Manager salaries

Last Updated: 9 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.5 L/yr
2 years (4 salaries)	₹2.5 L/yr - ₹4.1 L/yr
Login to view exact salary
3 years (6 salaries)	₹1.8 L/yr - ₹3.6 L/yr
4 years (3 salaries)	₹2 L/yr - ₹4.6 L/yr

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(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Business Development Associate Salary

(7 salaries)

₹2.5 L/yr - ₹3 L/yr

Business Development Executive Salary

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Business Manager Salary

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Zonal Sales Manager Salary

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Senior Sales Manager Salary

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Area Sales Manager Salary

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₹3.8 L/yr - ₹10 L/yr

Salary related reviews for HDB Financial Services

3.8

Rated by 7 employees for salary & benefits

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

Sales Officer in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 29 Sep 2024

3.0

for Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

Work-life balance - Poor

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

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HDB Financial Services Business Development Manager Salary FAQs

What is the salary of Business Development Manager at HDB Financial Services ?

The average salary of a Business Development Manager at HDB Financial Services in India typically ranges from ₹1.8 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Business Development Manager at HDB Financial Services earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Business Development Manager Salaries at HDB Financial Services 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 10+ HDB Financial Services employees in India.

What is the estimated take home salary of a Business Development Manager at HDB Financial Services in India?

The estimated take-home salary of a Business Development Manager at HDB Financial Services in India typically ranges from ₹17,730 to ₹19,427 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 1 year to 4 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 10+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Business Development Manager in India?

TVS Credit	₹6.0 Lakhs to ₹15.0 Lakhs per year
Aditya Birla Finance	₹7.7 Lakhs to ₹11.9 Lakhs per year
Spandana Sphoorty Financial	₹8.0 Lakhs to ₹10.0 Lakhs per year
L&T Finance	₹8.1 Lakhs to ₹13.4 Lakhs per year
Mahindra Finance	₹2.3 Lakhs to ₹10.2 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDB Financial Services, depending on the role and experience level.

What is the salary of a Business Development Manager in companies similar to HDB Financial Services in India?

The salary of a Business Development Manager at companies similar to HDB Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hero FinCorp	₹3.2 Lakhs to ₹6.5 Lakhs per year
IIFL Finance	₹1.9 Lakhs to ₹8.0 Lakhs per year
Fusion Microfinance	₹3.0 Lakhs to ₹6.8 Lakhs per year
Muthoot Finance	₹2.7 Lakhs to ₹6.3 Lakhs per year
Aye Finance	₹2.5 Lakhs to ₹5.0 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 HDB Financial Services in India?

The salary growth for a Business Development Manager at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹4.5 Lakhs per year
2 years	₹2.5 Lakhs to ₹4.1 Lakhs per year
3 years	₹1.8 Lakhs to ₹3.6 Lakhs per year
4 years	₹2.0 Lakhs to ₹4.6 Lakhs per year

and so on.

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HDB Financial Services Business Development Manager Salaries by Location

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HDB Financial Services Business Development Manager Salaries

HDB Financial Services Business Development Manager salary in India ranges between ₹1.8 Lakh to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Business Development Manager salaries in India

Companies similar to HDB Financial Services for Business Development Manager

Latest annual salaries shared by HDB Financial Services Business Development Manager

Experience wise HDB Financial Services Business Development Manager salaries

Similar Designation salaries in HDB Financial Services

Salary related reviews for HDB Financial Services

Sales Manager in Siwan

Sales Officer in Barpeta

Sales Manager in Jaipur

Sales Officer in Indore

Relationship Manager in New Delhi

HDB Financial Services Business Development Manager Salary FAQs

Tell us how to improve this page.

HDB Financial Services Business Development Manager Salaries by Location