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

Annual salary range
1 - 10 years exp.
₹3 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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15% less than the average Business Development Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

Marketing & Communication
Business Development Manager Salary
2 - 10 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹8.1 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹8.5 L/yr

Finance & Accounting
Business Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹8.1 L/yr

Sales & Business Development
Business Development Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹8.5 L/yr

Last Updated: 11 Mar 2025

Companies similar to HDFC Bank for Business Development Manager in Mumbai

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HDFC Bank Business Development Manager Salary

1 - 10 years exp. (7 salaries)

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₹3 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
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₹8 L/yr - ₹13 L/yr

arrow icon 34% more
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Axis Bank Business Development Manager Salary

0 - 8 years exp. (12 salaries)

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₹2 L/yr - ₹6.5 L/yr

arrow icon 28% less
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₹1.5 L/yr - ₹6.4 L/yr

arrow icon 24% less
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₹2 L/yr - ₹5 L/yr

arrow icon 42% less
29 job openings
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₹3 L/yr - ₹11.8 L/yr

arrow icon 24% more
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₹17 L/yr - ₹35 L/yr

arrow icon 270% more
2 job openings
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₹3.1 L/yr - ₹3.3 L/yr

arrow icon 49% less
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₹12.5 L/yr - ₹18 L/yr

arrow icon 171% more
Business Development Manager salary at HDFC Bank ranges between ₹3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Business Development Manager in Mumbai

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Experience wise HDFC Bank Business Development Manager salaries in Mumbai

Last Updated: 11 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹7.9 L/yr
2 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹8.4 L/yr
3 years (AmbitionBox Estimate)

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₹4 L/yr - ₹9 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹9.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹10 L/yr
View all

Similar Designation salaries in HDFC Bank

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₹9 L/yr - ₹24.25 L/yr
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₹8 L/yr - ₹14.5 L/yr
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₹2 L/yr - ₹3 L/yr
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₹1.55 L/yr - ₹4.4 L/yr
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₹5.45 L/yr - ₹9 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
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Salary related reviews for HDFC Bank

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.

read more
  • Salary - Bad
  • +5 more

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

read more
  • Salary - Good
  • +6 more

Dislikes

Some challenges include high work pressure,

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

  • Salary - Good
  • +6 more

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Sep 2024

3.0
 for  Salary and Benefits

Likes

Salary Improvement required, old & new employee salary pakage are different of same post. Old employees got low package & new appointy get higher pakage of salary.

read more
  • Skill development - Excellent
  • +1 more

Dislikes

Salary & Position growth is not available in organization, it is same here at other corporate.

read more
see more salary related reviews

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HDFC Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at HDFC Bank Mumbai?
Business Development Manager salary at HDFC Bank in Mumbai ranges between ₹3.0 Lakhs to ₹8.5 Lakhs for experience between 1 years to 10 years. According to our estimates it is 15% less than the average Business Development Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a Business Development Manager at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a Business Development Manager at HDFC Bank is 15% less than the average salary of a Business Development Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Manager at HDFC Bank?
Working Capital, Sales, SME Sales, Commodity Finance and term loan are some of the popular skills required to work as a Business Development Manager at HDFC Bank Mumbai.
Which similar companies are paying more than HDFC Bank to a Business Development Manager in Mumbai?
  • HSBC Group Business Development Manager Salary - ₹17.0 Lakhs to ₹35.0 Lakhs per year
  • First Abu Dhabi Bank Business Development Manager Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
  • ICICI Bank Business Development Manager Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
  • Standard Chartered Business Development Manager Salary - ₹3.0 Lakhs to ₹11.8 Lakhs per year
What is the salary of a Business Development Manager in companies similar to HDFC Bank in Mumbai?
  • Kotak Mahindra Bank Business Development Manager Salary - ₹1.5 Lakhs to ₹6.4 Lakhs per year
  • Axis Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
  • IndusInd Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • IDFC FIRST Bank Business Development Manager Salary - ₹3.1 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Business Development Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Business Development Manager at HDFC Bank ranges between ₹48,118 per month to ₹49,257 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at HDFC Bank in Mumbai?
According to AmbitionBox, 50% of the HDFC Bank Business Development Managers in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

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HDFC Bank Business Development Manager salary in Mumbai ranges between ₹3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 HDFC Bank latest salaries received from various employees of HDFC Bank.

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