HDFC Sales Mumbai Business Development Manager Salaries by 3 Employees

2 - 4 years exp.

₹2.7 Lakhs - ₹2.9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

61% less than the average Business Development Manager Salary in Financial Services Companies for 2 - 4 years of experience

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Last Updated: 16 Mar 2023

Companies similar to HDFC Sales for Business Development Manager in Mumbai

HDFC Sales Business Development Manager Salary

2 - 4 years exp. (3 salaries)

₹2.7 L/yr - ₹2.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (10 salaries)	₹2.8 L/yr - ₹9 L/yr 74% more
American Express Business Development Manager Salary 6 - 9 years exp. (8 salaries)	₹4 L/yr - ₹12 L/yr 139% more
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Citicorp Business Development Manager Salary 2 - 10 years exp. (8 salaries)	₹11.2 L/yr - ₹36 L/yr 639% more
Aditya Birla Capital Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹3.7 L/yr - ₹6.1 L/yr 62% more
HSBC Group Business Development Manager Salary 4 - 7 years exp. (3 salaries)	₹17 L/yr - ₹35 L/yr 711% more	2 job openings

Business Development Manager salary at HDFC Sales ranges between ₹2.7 Lakhs to ₹2.9 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 3 latest salaries received from various employees of HDFC Sales.

Experience wise HDFC Sales Business Development Manager salaries in Mumbai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

Similar Designation salaries in HDFC Sales

Deputy Manager Salary

(67 salaries)

₹3 L/yr - ₹8.54 L/yr

Area Sales Manager Salary

(3 salaries)

₹6.5 L/yr - ₹9 L/yr

Salary related reviews for HDFC Sales

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.

Skill development - Excellent

+4 more

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

Company culture - Good

+1 more

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.

Salary - Bad

+2 more

Deputy Manager in Mumbai

Full Time

Sales & Business Development Department

4.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

- Timely salary - Incentives are very good

Skill development - Good

Dislikes

- They offer low salary - Unnecessary cross sell products - Management doesn't allow to work in your own style..they just force you to do how they want specially in kandivali branch

Job security - Bad

+3 more

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.

Salary - Excellent

+2 more

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.

Promotions - Poor

+1 more

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

Salary - Excellent

+5 more

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.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HDFC Sales Business Development Manager Salary FAQs

How the salary growth look like for a Business Development Manager at HDFC Sales in Mumbai?

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

Experience	Average Salary Range
2 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.3 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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HDFC Sales Business Development Manager Salaries in Mumbai

HDFC Sales Business Development Manager salary in Mumbai ranges between ₹2.7 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HDFC Sales latest salaries received from various employees of HDFC Sales.