IDFC FIRST Bank Business Development Manager Salaries by 40+ Employees (Updated 2025)

1 - 10 years exp.

₹2.1 Lakhs - ₹5 Lakhs

Salary of majority employees

59% less than the average Business Development Manager Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 1 - 8 years exp. (21 salaries)	₹2.4 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 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr
Marketing & Communication Business Development Manager Salary 2 - 10 years exp. (5 salaries)	₹2.4 L/yr - ₹4.3 L/yr
Human Resources Business Development Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 L/yr

Last Updated: 18 Mar 2025

Companies similar to IDFC FIRST Bank for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.9k salaries)	₹1.7 L/yr - ₹5.5 L/yr 23% more	154 job openings
Standard Chartered Business Development Manager Salary 4 - 13 years exp. (498 salaries)	₹3.5 L/yr - ₹11.6 L/yr 165% more
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Karur Vysya Bank Business Development Manager Salary 3 - 8 years exp. (132 salaries)	₹3 L/yr - ₹8 L/yr 40% more
HDFC Bank Business Development Manager Salary 1 - 14 years exp. (125 salaries)	₹2 L/yr - ₹10.5 L/yr 96% more	3 job openings
ICICI Bank Business Development Manager Salary 0 - 8 years exp. (124 salaries)	₹2 L/yr - ₹7.1 L/yr 117% more
Axis Bank Business Development Manager Salary 0 - 10 years exp. (125 salaries)	₹1.6 L/yr - ₹6.5 L/yr 30% more
Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	₹1.5 L/yr - ₹8 L/yr 55% more
City Union Bank Business Development Manager Salary 2 - 14 years exp. (31 salaries)	₹5.8 L/yr - ₹10.1 L/yr 156% more
Jana Small Finance Bank Business Development Manager Salary 0 - 14 years exp. (25 salaries)	₹2.5 L/yr - ₹7 L/yr 18% more
Yes Bank Business Development Manager Salary 3 - 6 years exp. (11 salaries)	₹4 L/yr - ₹10 L/yr 70% more
Bandhan Bank Business Development Manager Salary 2 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹5 L/yr 25% more
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IDBI Bank Business Development Manager Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 8% more
Ujjivan Small Finance Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 21% more
Utkarsh Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 5% less
Canara Bank Business Development Manager Salary 1 - 30 years exp. (3 salaries)	₹2.7 L/yr - ₹7 L/yr 79% more
Federal Bank Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹11 L/yr - ₹13.3 L/yr 307% more
Union Bank of India Business Development Manager Salary 3 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 2% more
Emirates NBD Business Development Manager Salary 10 - 11 years exp. (3 salaries)	₹12.5 L/yr - ₹30 L/yr 692% more

Business Development Manager salary at IDFC FIRST Bank ranges between ₹2.1 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 10 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: 18 Mar 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹2.5 L/yr - ₹3.8 L/yr
2 years (7 salaries)	₹2.4 L/yr - ₹3.3 L/yr
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3 years (7 salaries)	₹2.1 L/yr - ₹3 L/yr
4 years (7 salaries)	₹2.4 L/yr - ₹4.3 L/yr
5 years (7 salaries)	₹2.4 L/yr - ₹5 L/yr
6 years (6 salaries)	₹2.4 L/yr - ₹4 L/yr
7 years (3 salaries)	₹3 L/yr - ₹3.5 L/yr
8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.2 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)

₹1.7 L/yr - ₹3 L/yr

Business Development Executive Salary

(65 salaries)

₹1.2 L/yr - ₹4 L/yr

Business Manager Salary

(4 salaries)

₹4.95 L/yr - ₹14.65 L/yr

Zonal Sales Manager Salary

(6 salaries)

₹28 L/yr - ₹54 L/yr

Assistant Sales Manager Salary

(19 salaries)

₹2.5 L/yr - ₹5.84 L/yr

Senior Business Development Executive Salary

(38 salaries)

₹1.2 L/yr - ₹3 L/yr

Senior Sales Manager Salary

(365 salaries)

₹4.1 L/yr - ₹13.05 L/yr

Area Sales Manager Salary

(227 salaries)

₹7.01 L/yr - ₹25 L/yr

Territory Sales Manager Salary

(833 salaries)

₹3.4 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 8 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.

Salary - Good

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.

Work satisfaction - Poor

+2 more

Territory Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 27 Jan 2025

5.0

for Salary and Benefits

Likes

Salary they provide is As per standards and even better in some cases.

Salary - Excellent

+1 more

Dislikes

In you are working in sales domain then it's almost impossible to meet target if you are in certain departments , so do your research before joining

Job security - Poor

+2 more

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

Salary - Excellent

+1 more

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

Skill development - Bad

+4 more

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.

Salary - Bad

+5 more

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

Salary - Good

+1 more

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.

Skill development - Bad

+4 more

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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IDFC FIRST Bank Business Development Manager Salary FAQs

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

The average salary of a Business Development Manager at IDFC FIRST Bank in India typically ranges from ₹2.1 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 10 years).

The top 10% of Business Development Manager at IDFC FIRST Bank earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Business Development Manager Salaries at IDFC FIRST Bank 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 40+ IDFC FIRST Bank employees in India.

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 in India typically ranges from ₹22,135 to ₹23,616 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year to 10 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 40+ salaries received from various employees of IDFC FIRST Bank. 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 IDFC FIRST Bank ?

To be a Business Development Manager at IDFC FIRST Bank in india, the key skills required include:

- Legal
- Process automation
- Risk Management
- Partner Management
- Customer Acquisition

These skills are highly valued at IDFC FIRST Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than IDFC FIRST Bank for Business Development Manager in India?

Emirates NBD	₹12.5 Lakhs to ₹30.0 Lakhs per year
Federal Bank	₹11.0 Lakhs to ₹13.3 Lakhs per year
Standard Chartered	₹3.5 Lakhs to ₹11.6 Lakhs per year
City Union Bank	₹5.8 Lakhs to ₹10.1 Lakhs per year
ICICI Bank	₹2.0 Lakhs to ₹7.1 Lakhs per year

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

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

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

HDFC Bank	₹2.0 Lakhs to ₹10.5 Lakhs per year
Canara Bank	₹2.7 Lakhs to ₹7.0 Lakhs per year
Yes Bank	₹4.0 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank	₹1.5 Lakhs to ₹8.0 Lakhs per year
Karur Vysya Bank	₹3.0 Lakhs to ₹8.0 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 IDFC FIRST Bank in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹3.8 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.3 Lakhs per year
3 years	₹2.1 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.4 Lakhs to ₹4.3 Lakhs per year

and so on.

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IDFC FIRST Bank Business Development Manager Salaries

IDFC FIRST Bank Business Development Manager salary in India ranges between ₹2.1 Lakhs 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 (Updated 2025)

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

Territory Manager in Kolkata

Branch Manager in Surat

Sales Executive in New Delhi

Deputy Manager in Navi Mumbai

IDFC FIRST Bank Business Development Manager Salary FAQs

Tell us how to improve this page.

IDFC FIRST Bank Business Development Manager Salaries by Location