HSBC Group Business Development Manager Salaries by 6 Employees

0 - 7 years exp.

₹12 Lakhs - ₹35 Lakhs

Low Confidence

Salary of majority employees

172% more than the average Business Development Manager Salary in Financial Services Companies for 0 - 7 years of experience

Interested in this particular role? 2 job openings

Last Updated: 12 Apr 2024

Companies similar to HSBC Group for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Business Development Manager Salary 0 - 13 years exp. (82 salaries)	₹3.4 L/yr - ₹7 L/yr 78% less
Citicorp Business Development Manager Salary 1 - 11 years exp. (50 salaries)	₹9.3 L/yr - ₹36 L/yr 5% more
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Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (35 salaries)	₹2.2 L/yr - ₹9 L/yr 75% less
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 69% less
Ford Motor Credit Company Business Development Manager Salary 2 - 19 years exp. (13 salaries)	₹9.5 L/yr - ₹24 L/yr 31% less
HDFC Sales Business Development Manager Salary 2 - 6 years exp. (12 salaries)	₹2.4 L/yr - ₹4 L/yr 84% less
The Muthoot Group Business Development Manager Salary 3 - 12 years exp. (11 salaries)	₹2.4 L/yr - ₹6.6 L/yr 84% less
Muthoot Pappachan Group Business Development Manager Salary 6 - 13 years exp. (8 salaries)	₹3 L/yr - ₹6 L/yr 77% less
Cholamandalam Investment & Finance Business Development Manager Salary 4 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 85% less
JPMorgan Chase & Co. Business Development Manager Salary 0 - 3 years exp. (5 salaries)	₹23.1 L/yr - ₹58 L/yr 74% more
Aon Business Development Manager Salary 1 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 51% less
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Wells Fargo Business Development Manager Salary 11 - 14 years exp. (3 salaries)	₹30 L/yr - ₹45 L/yr 78% more
IDFC FIRST Bharat Business Development Manager Salary 4 - 8 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 86% less

Business Development Manager salary at HSBC Group ranges between ₹12 Lakhs to ₹35 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Business Development Manager salaries

Last Updated: 12 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹12 L/yr - ₹36 L/yr
1 year (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.1 L/yr
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2 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
3 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.3 L/yr
4 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹35 L/yr
5 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹28 L/yr
6 years (AmbitionBox Estimate)	₹17 L/yr - ₹37 L/yr
7 years (AmbitionBox Estimate)	₹17 L/yr - ₹37.1 L/yr

View all

Similar Designation salaries in HSBC Group

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹27.7 L/yr - ₹35.4 L/yr

Business Development Associate Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Business Development Executive Salary

(3 salaries)

₹3 L/yr - ₹10 L/yr

Business Manager Salary

(42 salaries)

₹10.8 L/yr - ₹31.2 L/yr

Assistant Sales Manager Salary

(8 salaries)

₹2.4 L/yr - ₹4 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹10.1 L/yr - ₹12.9 L/yr

Deputy Manager Salary

(14 salaries)

₹6 L/yr - ₹10.51 L/yr

Regional Manager Salary

(4 salaries)

₹7 L/yr - ₹15.6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹18.5 L/yr - ₹23.6 L/yr

Branch Manager Salary

(5 salaries)

₹10.5 L/yr - ₹15.42 L/yr

Top skills at HSBC Group for Business Development Manager

B2B Sales Business Development Management Client Acquisition Corporate Sales Presentation Skills bdm Business Generation Banking Sales Cross Sales Wealth Management Lead Generation

Salary related reviews for HSBC Group

3.0

Rated by 1 employees for salary & benefits

Devops Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 26 Dec 2024

3.0

for Salary and Benefits

Likes

If you are looking for Growth in work and Good work culture and work life balance then HSBC is definitely one of the best options.

Skill development - Good

+4 more

Dislikes

Appraisals and Promotions are not good. Pay wise you may not feel satisfied ever. Good for 35 + people who are already in good carreer bands.

Consultant in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 03 May 2024

3.0

for Salary and Benefits

Likes

...mpanies. Overall work is good, work life balance is there, work culture is good. If you get a good package when joining, can stay in here for few years comfortably.

Skill development - Good

+3 more

Dislikes

Current increment process and promotion process

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Sep 2024

4.0

for Salary and Benefits

Likes

One of the best company to work with & it's policies helps to balance our family & work life. Staff friendly company & I am proud to be a part of this wonderdul company.

Salary - Good

+6 more

Dislikes

I wouldn't say dislike but may be a suggestion, I have heard from my colleagues that HSBC pay package is not very competitive, I am personally happy with the package.

Senior Associate in Bangalore / Bengaluru

Full Time

Risk Management & Compliance Department

5.0

• posted on 20 Oct 2023

3.0

for Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

Skill development - Good

+5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

Credit Service Executive in Kolkata

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 27 Jul 2023

3.0

for Salary and Benefits

Likes

Salary is good other than any MNC's please don't just see good salary if your mental health will be not good how you will work please try to know each and everything before joining here

Work satisfaction - Good

Dislikes

Management is very bad no work life balance manager is actually useless he will tell that he is very busy but he is actually doing chill from behind if employees work in flexible they need cab to reach home safely during night shift but this company have some cab boundaries issues😕 which is very very ridiculous when a employee stay a bit outside of their boundaries please be aware while joining as HR will never tell you that they have such kinds of drawbacks which hesitate a person to join this company . AVP is a dictator person in this organisation he will never understand your concern instead of that he will penalized you and compare you with some other person

Company culture - Bad

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HSBC Group

View All

an associate analyst

I got Selected for financial crime investigator in HSBC for Hydrabad location at 8LPA. For this I have to relocate from Kolkata. In my current company I got promoted and getting 5.5 LPA in Kolkata. My current company is very new and small company. I have an overall 1.5 years of experience.

Should I relocate to Hyderabad for HSBC?

Yes

5 participants . expiring in 2w

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HSBC Group Business Development Manager Salary FAQs

What is the salary of Business Development Manager at HSBC Group ?

The average salary of a Business Development Manager at HSBC Group in India typically ranges from ₹12.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Manager at HSBC Group earn more than ₹34.3 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Business Development Manager Salaries at HSBC Group 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 6 HSBC Group employees in India.

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

The estimated take-home salary of a Business Development Manager at HSBC Group in India typically ranges from ₹1,34,864 to ₹1,39,825 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 6 salaries received from various employees of HSBC Group. 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 HSBC Group ?

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

- B2B Sales
- Business Development Management
- Client Acquisition
- Corporate Sales
- Presentation Skills

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

Which companies offer higher salaries than HSBC Group for Business Development Manager in India?

Wells Fargo	₹30.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co.	₹23.1 Lakhs to ₹58.0 Lakhs per year
Citicorp	₹9.3 Lakhs to ₹36.0 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to HSBC Group in India?

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

Ford Motor Credit Company	₹9.5 Lakhs to ₹24.0 Lakhs per year
Aon	₹5.0 Lakhs to ₹13.0 Lakhs per year
American Express	₹3.0 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Financial Services	₹2.2 Lakhs to ₹9.0 Lakhs per year
Muthoot Pappachan Group	₹3.0 Lakhs to ₹6.0 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 HSBC Group in India?

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

Experience	Average Salary Range
Fresher	₹12.0 Lakhs to ₹36.0 Lakhs per year
1 year	₹18.1 Lakhs to ₹23.1 Lakhs per year
2 years	₹18.2 Lakhs to ₹23.2 Lakhs per year
3 years	₹18.2 Lakhs to ₹23.3 Lakhs per year

and so on.

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HSBC Group Business Development Manager Salaries

HSBC Group Business Development Manager salary in India ranges between ₹12 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HSBC Group latest salaries received from various employees of HSBC Group.