HDFC Bank Business Development Manager Salaries by 100+ Employees (Updated 2025)

1 - 14 years exp.

₹2 Lakhs - ₹10.5 Lakhs

Salary of majority employees

Fixed (100%)

₹6 Lakhs

Variable (0%)

₹0.0

20% less than the average Business Development Manager Salary in Banking Companies for 1 - 14 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Sales & Business Development Business Development Manager Salary 1 - 14 years exp. (43 salaries)	₹6.8 L/yr - ₹12.8 L/yr
BFSI, Investments & Trading Business Development Manager Salary 1 - 14 years exp. (26 salaries)	₹5.8 L/yr - ₹12.8 L/yr
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Finance & Accounting Business Development Manager Salary 2 - 8 years exp. (10 salaries)	₹2 L/yr - ₹7.3 L/yr
Customer Success, Service & Operations Business Development Manager Salary 1 - 13 years exp. (6 salaries)	₹2.9 L/yr - ₹6 L/yr
Marketing & Communication Business Development Manager Salary 2 - 11 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr

Last Updated: 16 Mar 2025

Companies similar to HDFC Bank for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.9k salaries)	₹1.7 L/yr - ₹5.5 L/yr 37% less	18 job openings
Karur Vysya Bank Business Development Manager Salary 3 - 8 years exp. (130 salaries)	₹2.5 L/yr - ₹8 L/yr 29% less
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ICICI Bank Business Development Manager Salary 0 - 8 years exp. (124 salaries)	₹2 L/yr - ₹7.3 L/yr 12% more
Axis Bank Business Development Manager Salary 0 - 10 years exp. (123 salaries)	₹1.6 L/yr - ₹7.1 L/yr 32% less
IDFC FIRST Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	₹2.1 L/yr - ₹5 L/yr 49% less
Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	₹1.5 L/yr - ₹8 L/yr 21% less
City Union Bank Business Development Manager Salary 2 - 14 years exp. (31 salaries)	₹5.8 L/yr - ₹10.1 L/yr 30% more
Jana Small Finance Bank Business Development Manager Salary 0 - 14 years exp. (25 salaries)	₹2.5 L/yr - ₹7 L/yr 40% less
Yes Bank Business Development Manager Salary 3 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹10 L/yr 10% less
State Bank of India Business Development Manager Salary 3 - 9 years exp. (12 salaries)	₹2 L/yr - ₹6 L/yr 30% less
Bandhan Bank Business Development Manager Salary 2 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹5 L/yr 36% less
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First Abu Dhabi Bank Business Development Manager Salary 4 - 12 years exp. (6 salaries)	₹12.5 L/yr - ₹18 L/yr 181% more
Paytm Payments Bank Business Development Manager Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 60% less
IDBI Bank Business Development Manager Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 45% less
South Indian Bank Business Development Manager Salary 5 - 8 years exp. (4 salaries)	₹4 L/yr - ₹14.7 L/yr 36% more
Mashreq Bank Business Development Manager Salary 9 - 20 years exp. (4 salaries)	₹17.6 L/yr - ₹42 L/yr 391% more
The Saraswat Co-operative Bank Business Development Manager Salary 1 - 2 years exp. (4 salaries)	₹3 L/yr - ₹3.6 L/yr 45% less
Ujjivan Small Finance Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 38% less
Utkarsh Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 51% less
Canara Bank Business Development Manager Salary 1 - 30 years exp. (3 salaries)	₹2.7 L/yr - ₹7 L/yr 9% less

View all

Business Development Manager salary at HDFC Bank ranges between ₹2 Lakhs to ₹10.5 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 125 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Business Development Manager salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹2 L/yr - ₹7.5 L/yr
2 years (23 salaries)	₹2 L/yr - ₹9 L/yr
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3 years (16 salaries)	₹2 L/yr - ₹9.7 L/yr
4 years (17 salaries)	₹2 L/yr - ₹10 L/yr
5 years (24 salaries)	₹2.2 L/yr - ₹9.4 L/yr
6 years (12 salaries)	₹2.5 L/yr - ₹10.1 L/yr
7 years (6 salaries)	₹2.4 L/yr - ₹9.7 L/yr
8 years (3 salaries)	₹3.4 L/yr - ₹11.1 L/yr
9 years (4 salaries)	₹3.5 L/yr - ₹9 L/yr
10 years (7 salaries)	₹3.5 L/yr - ₹12.2 L/yr
11 years (3 salaries)	₹6.5 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13.2 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹11 L/yr
14 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹14.2 L/yr

View all

Similar Designation salaries in HDFC Bank

Senior Business Development Manager Salary

(6 salaries)

₹11.5 L/yr - ₹24.8 L/yr

Business Development Associate Salary

(3 salaries)

₹2 L/yr - ₹3.5 L/yr

Business Development Executive Salary

(217 salaries)

₹1.2 L/yr - ₹4 L/yr

Business Manager Salary

(3 salaries)

₹5.45 L/yr - ₹9 L/yr

Zonal Sales Manager Salary

(10 salaries)

₹14.6 L/yr - ₹45 L/yr

Assistant Sales Manager Salary

(111 salaries)

₹1.75 L/yr - ₹6 L/yr

Senior Business Development Executive Salary

(4 salaries)

₹2.2 L/yr - ₹7.2 L/yr

Senior Sales Manager Salary

(204 salaries)

₹5.5 L/yr - ₹16 L/yr

Area Sales Manager Salary

(315 salaries)

₹7.4 L/yr - ₹24.35 L/yr

Territory Sales Manager Salary

(23 salaries)

₹5 L/yr - ₹18 L/yr

Top skills at HDFC Bank for Business Development Manager

Working Capital Sales SME Sales Commodity Finance term loan Retail Assets WC OD cc Working Capital Management Banking Sales Agribusiness Working Capital WCF SME Finance

Salary related reviews for HDFC Bank

3.8

Rated by 31 employees for salary & benefits

Business Development Manager in Madurai

Full Time

Sales & Business Development Department

2.0

• posted on 08 Oct 2023

1.0

for Salary and Benefits

Likes

Nothing to cherish with. Regular corporate company

Dislikes

Salary and perks and grading system is not good.. i have joined as HDFC Ltd prior to merger. HDFC Bank is having worst Grading system. Freshers who have joined got double promotion without even performing good.

Salary - Bad

+5 more

Deputy Manager in Guwahati (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 09 Feb 2025

2.0

for Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

Skill development - Good

+1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

Salary - Poor

+1 more

Sales Manager in Aurangabad

Full Time

Sales & Business Development Department

4.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

Job security - Good

+1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

Salary - Poor

+1 more

Sales Executive in Jabalpur (working remotely)

Full Time

Finance & Accounting Department

5.0

• posted on 06 Feb 2025

5.0

for Salary and Benefits

Likes

strong brand reputation, dynamic work environment, excellent learning and development opportunities, supportive culture, focus on customer service, good career growth prospects, competitive compensation, and the ability to develop strong sales and financial management skills

Salary - Excellent

+6 more

Dislikes

SALARY ISSUE

Sales Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization

Salary - Good

+6 more

Dislikes

Some challenges include high work pressure,

see more salary related reviews

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What people are saying about HDFC Bank

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Can someone advice whether I should join HDFC Bank with almost Half CTC or Teleperformance (TP), a BPO with Double CTC? Job Role: Inbound Customer Support. Factors: WFH: TP ✅️ HDFC ❌️ Location: HDFC - New Delhi, TP - Noida Team Handling: HDFC - Individual role. TP - Team Leader Team Handling: HDFC ❌️ TP ✅️ Working Days: HDFC - 6. TP - 5 Customer Base: HDFC - Indian, TP - USA

Which Organisation to Join? Please provide reason(s) or if you have any suggestion.

HDFC Bank

Teleperformance

4 participants . poll closed

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HDFC Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at HDFC Bank ?

The average salary of a Business Development Manager at HDFC Bank in India typically ranges from ₹2.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Business Development Manager at HDFC Bank earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹18.3 Lakhs per year. Business Development Manager Salaries at HDFC 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 100+ HDFC Bank employees in India.

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

The estimated take-home salary of a Business Development Manager at HDFC Bank in India typically ranges from ₹45,951 to ₹47,040 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 1 year to 14 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 100+ salaries received from various employees of HDFC 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 HDFC Bank ?

To be a Business Development Manager at HDFC Bank in india, the key skills required include:

- Working Capital
- Sales
- SME Sales
- Commodity Finance
- term loan

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Bank for Business Development Manager in India?

Mashreq Bank	₹17.6 Lakhs to ₹42.0 Lakhs per year
Emirates NBD	₹12.5 Lakhs to ₹30.0 Lakhs per year
First Abu Dhabi Bank	₹12.5 Lakhs to ₹18.0 Lakhs per year
Federal Bank	₹11.0 Lakhs to ₹13.3 Lakhs per year
South Indian Bank	₹4.0 Lakhs to ₹14.7 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to HDFC Bank in India?

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

City Union Bank	₹5.8 Lakhs to ₹10.1 Lakhs per year
ICICI Bank	₹2.0 Lakhs to ₹7.3 Lakhs per year
Canara Bank	₹2.7 Lakhs to ₹7.0 Lakhs per year
Yes Bank	₹3.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank	₹1.5 Lakhs to ₹8.0 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 HDFC Bank in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹7.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹9.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹9.7 Lakhs per year
4 years	₹2.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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HDFC Bank Business Development Manager Salaries by Location

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HDFC Bank Business Development Manager Salaries

HDFC Bank Business Development Manager salary in India ranges between ₹2 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 125 HDFC Bank latest salaries received from various employees of HDFC Bank.

HDFC Bank Business Development Manager salaries in India (Updated 2025)

Companies similar to HDFC Bank for Business Development Manager

Latest annual salaries shared by HDFC Bank Business Development Manager

Experience wise HDFC Bank Business Development Manager salaries

Similar Designation salaries in HDFC Bank

Top skills at HDFC Bank for Business Development Manager

Salary related reviews for HDFC Bank

Business Development Manager in Madurai

Deputy Manager in Guwahati (working remotely)

Sales Manager in Aurangabad

Sales Executive in Jabalpur (working remotely)

Sales Manager in Vijayawada

HDFC Bank Business Development Manager Salary FAQs

Tell us how to improve this page.

HDFC Bank Business Development Manager Salaries by Location