IDFC FIRST Bank Business Development Manager Salaries by 40+ Employees (Updated 2024)

1 - 8 years exp.

₹1.8 Lakh - ₹5 Lakhs

Salary of majority employees

61% less than the average Business Development Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 1 - 8 years exp. (21 salaries)	₹2.2 L/yr - ₹5 L/yr
BFSI, Investments & Trading Business Development Manager Salary 2 - 7 years exp. (5 salaries)	₹2.6 L/yr - ₹3.3 L/yr
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Finance & Accounting Business Development Manager Salary 2 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr
Marketing & Communication Business Development Manager Salary 2 - 4 years exp. (3 salaries)	₹2.4 L/yr - ₹2.9 L/yr
Human Resources Business Development Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.3 L/yr

Last Updated: 22 Nov 2024

Companies similar to IDFC FIRST Bank for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (120 salaries)	₹2 L/yr - ₹12 L/yr 137% more
ICICI Bank Business Development Manager Salary 1 - 10 years exp. (105 salaries)	₹2.1 L/yr - ₹9.4 L/yr 86% more
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Axis Bank Business Development Manager Salary 0 - 10 years exp. (129 salaries)	₹1.4 L/yr - ₹7 L/yr 33% more
Kotak Mahindra Bank Business Development Manager Salary 1 - 8 years exp. (40 salaries)	₹1.5 L/yr - ₹8 L/yr 37% more
Yes Bank Business Development Manager Salary 3 - 6 years exp. (14 salaries)	₹3.5 L/yr - ₹10 L/yr 85% more
IndusInd Bank Business Development Manager Salary 0 - 7 years exp. (1.5k salaries)	₹1.8 L/yr - ₹5.2 L/yr 29% more	11 job openings
Federal Bank Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹11 L/yr - ₹13.3 L/yr 333% more
Bandhan Bank Business Development Manager Salary 2 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹5 L/yr 32% more
DBS Bank Business Development Manager Salary 6 - 14 years exp. (4 salaries)	₹3.5 L/yr - ₹10.4 L/yr 103% more
Karur Vysya Bank Business Development Manager Salary 3 - 8 years exp. (105 salaries)	₹2.5 L/yr - ₹6 L/yr 48% more
Jana Small Finance Bank Business Development Manager Salary 0 - 6 years exp. (27 salaries)	₹1.8 L/yr - ₹8.2 L/yr 24% more
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City Union Bank Business Development Manager Salary 5 - 15 years exp. (28 salaries)	₹5.8 L/yr - ₹12.5 L/yr 188% more
IDBI Bank Business Development Manager Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 6% more
Ujjivan Small Finance Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 28% more
Utkarsh Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 1% more
Canara Bank Business Development Manager Salary 1 - 30 years exp. (3 salaries)	₹2.7 L/yr - ₹7 L/yr 90% more
HSBC Global Banking and Markets Business Development Manager Salary Fresher (3 salaries)	₹15 L/yr - ₹16 L/yr 429% more
Union Bank of India Business Development Manager Salary 3 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹3 L/yr 10% less
Emirates NBD Business Development Manager Salary 10 - 11 years exp. (3 salaries)	₹12.5 L/yr - ₹30 L/yr 741% more

Business Development Manager salary at IDFC FIRST Bank ranges between ₹1.8 Lakh to ₹5 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 46 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Business Development Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
1 year (5 salaries)	₹2.5 L/yr - ₹3 L/yr
2 years (7 salaries)	₹2.4 L/yr - ₹3.3 L/yr
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3 years (5 salaries)	₹2.1 L/yr - ₹3 L/yr
4 years (7 salaries)	₹2.2 L/yr - ₹3.6 L/yr
5 years (8 salaries)	₹1.8 L/yr - ₹5 L/yr
6 years (6 salaries)	₹2.4 L/yr - ₹4 L/yr
7 years (5 salaries)	₹2.1 L/yr - ₹3.5 L/yr
8 years (3 salaries)	₹1.2 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in IDFC FIRST Bank

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Business Development Associate Salary

(6 salaries)

₹2 L/yr - ₹3 L/yr

Business Development Executive Salary

(67 salaries)

₹1.43 L/yr - ₹3.6 L/yr

Business Manager Salary

(4 salaries)

₹4.95 L/yr - ₹14.65 L/yr

Zonal Sales Manager Salary

(8 salaries)

₹28 L/yr - ₹54 L/yr

Assistant Sales Manager Salary

(24 salaries)

₹3 L/yr - ₹5.84 L/yr

Senior Business Development Executive Salary

(41 salaries)

₹1.2 L/yr - ₹3.8 L/yr

Senior Sales Manager Salary

(280 salaries)

₹4.1 L/yr - ₹13.85 L/yr

Area Sales Manager Salary

(174 salaries)

₹8.49 L/yr - ₹24 L/yr

Territory Sales Manager Salary

(870 salaries)

₹3.5 L/yr - ₹12.09 L/yr

Top skills at IDFC FIRST Bank for Business Development Manager

Legal Process automation Risk Management Partner Management Customer Acquisition Analytics Service Quality Penetration Underwriting

Salary related reviews for IDFC FIRST Bank

4.0

Rated by 9 employees for salary & benefits

Territory Sales Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 30 Sep 2024

4.0

for Salary and Benefits

Likes

Salary and incentives are higher than what other banks offer.

Dislikes

Work culture needs improvement, you are expected to work even during holidays or when you've taken an off, unchecked power is there, State heads can relentlessly target their TSMs and public humiliation is considered normal.

Sales Executive in New Delhi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 04 Jun 2024

5.0

for Salary and Benefits

Likes

...by IDFC is top-notch and they prioritize developing our customer service skills. The pay and incentives are also motivating.

Dislikes

No dislikes as such

Branch Manager in Surat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Nov 2023

5.0

for Salary and Benefits

Likes

Benefits on loans are good. Salary and package is good

Dislikes

Management is sending 100% pressure on Branch Manager. 9 crore month on month CASA & TD is asking rate. Too much pressure on each parameters. Not driving Target as per branch size or branch's seniority. Job security is almost nil. Threatened by management on job

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

1.0

• posted on 13 Sep 2023

1.0

for Salary and Benefits

Likes

Nothing I just only like that they give you the off but in that off they cut the salary also what is the job is this??? So it means I don't like this job, they don't hire you permanently because of if you don't give the targeted thing they will don't give you the salary and they expect ki hum inko itna Business karke de ki jitna Inka bhai karke dede

Dislikes

I don't like to work in this company as employee and already working in this bank as I am very disappointed in this company by seniors saloni bhalla territory manager of sepl and pradeep saluja state head of sepl. I feel discrimination in this company by the seniors and the other staff I am also like them I wanted to fall so I can work at there but I really didn't felt about that.

Deputy Manager in Navi Mumbai

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 28 Aug 2023

4.0

for Salary and Benefits

Likes

Salary and perks

Dislikes

I worked in Refund team which is fall under RAS, where management is not good. All the appreciation is goes to girls and their closed ones it doesn't matter whether they only sit and scroll the social media whole day. I worked there only for 5 months, decided to leave organisation after completing my 2 months only because management treatment was very bad to me. RAS is good for girl employee only as management has soft corner for them, further understand what I am trying to tell here.

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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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IDFC FIRST Bank Business Development Manager Salary FAQs

What is the salary of Business Development Manager at IDFC FIRST Bank?

Business Development Manager salary at IDFC FIRST Bank in India ranges between ₹1.8 Lakhs to ₹5.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 61% less than the average Business Development Manager Salary in India. Salary estimates are based on 46 latest salaries received from various employees of IDFC FIRST Bank India.

How does the salary of a Business Development Manager at IDFC FIRST Bank India compare with the average salary range for this job?

The average salary of a Business Development Manager at IDFC FIRST Bank is 61% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at IDFC FIRST Bank?

Legal, Process automation, Risk Management, Partner Management and Customer Acquisition are some of the popular skills required to work as a Business Development Manager at IDFC FIRST Bank India.

Which similar companies are paying more than IDFC FIRST Bank to a Business Development Manager in India?

Emirates NBD Business Development Manager Salary - ₹12.5 Lakhs to ₹30.0 Lakhs per year
HSBC Global Banking and Markets Business Development Manager Salary - ₹15.0 Lakhs to ₹16.0 Lakhs per year
Federal Bank Business Development Manager Salary - ₹11.0 Lakhs to ₹13.3 Lakhs per year
City Union Bank Business Development Manager Salary - ₹5.8 Lakhs to ₹12.5 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to IDFC FIRST Bank in India?

DBS Bank Business Development Manager Salary - ₹3.5 Lakhs to ₹10.4 Lakhs per year
Canara Bank Business Development Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.1 Lakhs to ₹9.4 Lakhs per year
Yes Bank Business Development Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
Karur Vysya Bank Business Development Manager Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager at IDFC FIRST Bank in India?

The estimated take-home salary of a Business Development Manager at IDFC FIRST Bank ranges between ₹20,675 per month to ₹22,328 per month in India. The take-home salary calculation is based on the average IDFC FIRST Bank Business Development Manager salary in India which ranges between ₹1.8 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at IDFC FIRST Bank?

According to AmbitionBox, 46% of the IDFC FIRST Bank Business Development Managers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 50 responses on AmbitionBox in last 2 years.

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IDFC FIRST Bank Business Development Manager Salaries

IDFC FIRST Bank Business Development Manager salary in India ranges between ₹1.8 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 46 IDFC FIRST Bank latest salaries received from various employees of IDFC FIRST Bank.

IDFC FIRST Bank Business Development Manager salaries in India

Companies similar to IDFC FIRST Bank for Business Development Manager

Latest annual salaries shared by IDFC FIRST Bank Business Development Manager

Experience wise IDFC FIRST Bank Business Development Manager salaries

Similar Designation salaries in IDFC FIRST Bank

Top skills at IDFC FIRST Bank for Business Development Manager

Salary related reviews for IDFC FIRST Bank

Territory Sales Manager in New Delhi

Sales Executive in New Delhi

Branch Manager in Surat

Sales Executive in New Delhi

Deputy Manager in Navi Mumbai

IDFC FIRST Bank Business Development Manager Salary FAQs

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IDFC FIRST Bank Business Development Manager Salaries by Location