HSBC Group Business Development Manager Salaries by 6 Employees

0 - 7 years exp.

₹12 Lakhs - ₹35 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

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

Interested in this particular role? 3 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 - 7 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

Release Train Engineer in Pune

Full Time

Project & Program Management Department

1.0

• posted on 20 Mar 2025

1.0

for Salary and Benefits

Likes

Only 2 days office

Dislikes

...e to feel low and no contributing anything significant to the team. No onsites. Huge salary difference between technical and non Tech roles like PM or Program Managers.

Salary - Bad

+6 more

Assistant Manager in Bangalore / Bengaluru

Full Time

IT & Information Security Department

2.0

• posted on 13 Mar 2025

1.0

for Salary and Benefits

Likes

Few colleagues are the best

Dislikes

No upturn in career, No promotion until you say yes for everything, no proper hike and bonus, company giving honey, money control is only for big bees such a Bad policy in all the way. Majorly bad on leave policy, , micromanagement, big bees like to bother offshore and enjoy, it's only for big bees flexible, no money given for extra miles you spend for company, No learning curve and push you to resign your job yourself directly in performance call

Salary - Bad

+6 more

Senior Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 26 Feb 2025

2.0

for Salary and Benefits

Likes

If you go to right team then plenty of opportunity to do experiments and high end work. And easy team switches

Skill development - Excellent

+3 more

Dislikes

Promotion and salary growth is too slow. No meritocratic rank ordering. No fairness in pay distribution across band. You might be killing youself at the job and you also might be at low pay but you would never be corrected or even fairly compensated

Salary - Poor

+2 more

Data Engineer in Pune

Full Time

Engineering - Software & QA Department

1.0

• posted on 24 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing found good about this company ,it's just the name this company has from inside its the worst company to work

Dislikes

Salary growth too much low don't expect much hike here, employees are being underpaid here.

Salary - Bad

+6 more

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.

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

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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.