HDFC Sales Business Development Manager Salaries by 10+ Employees (Updated 2024)

2 - 6 years exp.

₹2.4 Lakhs - ₹4 Lakhs

Salary of majority employees

57% less than the average Business Development Manager Salary in Financial Services Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 3 - 6 years exp. (4 salaries)	₹2.6 L/yr - ₹3.2 L/yr
Sales & Business Development Business Development Manager Salary 3 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr
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Engineering - Hardware & Networks Business Development Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹3.8 L/yr

Last Updated: 29 Jun 2023

Companies similar to HDFC Sales for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Business Development Manager Salary 1 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹8 L/yr 80% more
Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 47% more
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Axis Direct Business Development Manager Salary 1 - 12 years exp. (6 salaries)	₹5 L/yr - ₹9.8 L/yr 112% more
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 8% less
SBI Capital Markets Business Development Manager Salary 4 - 7 years exp. (4 salaries)	₹5.4 L/yr - ₹25.1 L/yr 378% more
Motilal Oswal Financial Services Business Development Manager Salary 2 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹9 L/yr 68% more
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 12% more
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (14 salaries)	₹2.3 L/yr - ₹7.3 L/yr 21% more
Sharekhan Business Development Manager Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹11.8 L/yr 108% more
Aditya Birla Capital Business Development Manager Salary 1 - 14 years exp. (84 salaries)	₹2.3 L/yr - ₹7 L/yr 42% more
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 100% more
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Citigroup Business Development Manager Salary 1 - 7 years exp. (7 salaries)	₹14 L/yr - ₹23 L/yr 458% more
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 547% more
Bajaj Finserv Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹3 L/yr - ₹6.5 L/yr 25% more
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 38% less
JPMorgan Chase & Co. Business Development Manager Salary 0 - 3 years exp. (5 salaries)	₹23.1 L/yr - ₹58 L/yr 1022% more
Aon Business Development Manager Salary 1 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 214% more
Credit Suisse Business Development Manager Salary 1 - 3 years exp. (4 salaries)	₹13.6 L/yr - ₹15 L/yr 352% more
Wells Fargo Business Development Manager Salary 11 - 13 years exp. (3 salaries)	₹28 L/yr - ₹35 L/yr 879% more

Business Development Manager salary at HDFC Sales ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 12 latest salaries received from various employees of HDFC Sales.

Experience wise HDFC Sales Business Development Manager salaries

Last Updated: 29 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹5.9 L/yr
3 years (3 salaries)	₹2.7 L/yr - ₹3.8 L/yr
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4 years (4 salaries)	₹2.5 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4 L/yr

Similar Designation salaries in HDFC Sales

Business Development Associate Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Business Development Executive Salary

(12 salaries)

₹2 L/yr - ₹3 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Business Development Executive Salary

(3 salaries)

₹2.2 L/yr - ₹3.5 L/yr

Senior Sales Manager Salary

(5 salaries)

₹4 L/yr - ₹4.66 L/yr

Area Sales Manager Salary

(14 salaries)

₹4.3 L/yr - ₹10 L/yr

Territory Sales Manager Salary

(4 salaries)

₹10 L/yr - ₹20 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(375 salaries)

₹2.2 L/yr - ₹9.5 L/yr

Salary related reviews for HDFC Sales

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Agra

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Its a great place to work with the perfect balance of work and personal life. Company culture is so different to the others is a positive way. Learning and development programmes are very good to improve your skills and knowledge to grow in this sector.

Dislikes

salary and benefits are so low in this company and the promotions activity also not good.

Sales Officer in Eluru

Full Time

Sales & Business Development Department

3.0

• posted on 13 May 2024

1.0

for Salary and Benefits

Likes

Low work pressure comparing to other NBFCs, Salary on time

Dislikes

BSA payouts very late, very low perks and benifits, company having only one computer to the entire branch. This company works for HDFC bank and bank employees don't respect the employees of hdfc sales company.

Sales Officer in Kolkata

Full Time

Sales & Business Development Department

4.0

• posted on 29 Sep 2023

5.0

for Salary and Benefits

Likes

You'll get a great learning, great team to work with. Salary on time.

Dislikes

Daily stretching, extraordinary pressure, you won't have any rights to take break, you suppose to be with like a machine, can't even talk to your colleagues.

Sales Officer in Mumbai

Full Time

Other Department

5.0

• posted on 23 Jun 2023

5.0

for Salary and Benefits

Likes

Work culture is good. Salary is good. Got appraisal every year

Dislikes

People are not good. But that is everywhere. You need to work hard and fast if you want to get appreciated here so no in-between breaks here.

Relationship Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

5.0

• posted on 06 May 2023

3.0

for Salary and Benefits

Likes

About work culture and working freedom

Dislikes

HR is not a discussion maker here. Managers only decision makers. Promotions, appraisal, salary hike everything we need to beg with them. They are helping only there well known people's.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDFC Sales Business Development Manager Salary FAQs

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

Business Development Manager salary at HDFC Sales in India ranges between ₹2.4 Lakhs to ₹4.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 57% less than the average Business Development Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of HDFC Sales India.

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

The average salary of a Business Development Manager at HDFC Sales is 57% 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 HDFC Sales to a Business Development Manager in India?

JPMorgan Chase & Co. Business Development Manager Salary - ₹23.1 Lakhs to ₹58.0 Lakhs per year
Wells Fargo Business Development Manager Salary - ₹28.0 Lakhs to ₹35.0 Lakhs per year
HSBC Group Business Development Manager Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Citigroup Business Development Manager Salary - ₹14.0 Lakhs to ₹23.0 Lakhs per year
SBI Capital Markets Business Development Manager Salary - ₹5.4 Lakhs to ₹25.1 Lakhs per year

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

Credit Suisse Business Development Manager Salary - ₹13.6 Lakhs to ₹15.0 Lakhs per year
Aon Business Development Manager Salary - ₹5.0 Lakhs to ₹13.0 Lakhs per year
Axis Direct Business Development Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year
Sharekhan Business Development Manager Salary - ₹2.5 Lakhs to ₹11.8 Lakhs per year
American Express Business Development Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at HDFC Sales ranges between ₹22,969 per month to ₹24,438 per month in India. The take-home salary calculation is based on the average HDFC Sales Business Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at HDFC Sales?

According to AmbitionBox, 53% of the HDFC Sales Business Development Managers reported a notice period of 1 Month, 34% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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HDFC Sales Business Development Manager Salaries

HDFC Sales Business Development Manager salary in India ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 HDFC Sales latest salaries received from various employees of HDFC Sales.