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

60% 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)	₹2.2 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 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹3 L/yr
Marketing & Communication Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹4.2 L/yr
Human Resources Business Development Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.3 L/yr

Last Updated: 27 Jan 2025

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. (128 salaries)	₹2 L/yr - ₹10 L/yr 94% more	1 job opening
ICICI Bank Business Development Manager Salary 1 - 10 years exp. (109 salaries)	₹2.1 L/yr - ₹9 L/yr 91% more
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Axis Bank Business Development Manager Salary 0 - 10 years exp. (127 salaries)	₹1.4 L/yr - ₹7 L/yr 34% more
Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (47 salaries)	₹1.5 L/yr - ₹8 L/yr 53% more
Yes Bank Business Development Manager Salary 3 - 6 years exp. (12 salaries)	₹3.5 L/yr - ₹10 L/yr 79% more
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (1.4k salaries)	₹1.8 L/yr - ₹5.3 L/yr 27% more	13 job openings
Federal Bank Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹11 L/yr - ₹13.3 L/yr 319% more
Bandhan Bank Business Development Manager Salary 2 - 8 years exp. (7 salaries)	₹1.8 L/yr - ₹5 L/yr 29% more
DBS Bank Business Development Manager Salary 3 - 14 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr 36% more
Standard Chartered Business Development Manager Salary 4 - 12 years exp. (428 salaries)	₹3.7 L/yr - ₹12.5 L/yr 173% more
Karur Vysya Bank Business Development Manager Salary 3 - 8 years exp. (124 salaries)	₹2.5 L/yr - ₹8 L/yr 44% more
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City Union Bank Business Development Manager Salary 2 - 14 years exp. (31 salaries)	₹5.8 L/yr - ₹10.1 L/yr 163% more
Jana Small Finance Bank Business Development Manager Salary 0 - 14 years exp. (25 salaries)	₹2.5 L/yr - ₹7 L/yr 22% more
IDBI Bank Business Development Manager Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹4.2 L/yr 11% more
Ujjivan Small Finance Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4 L/yr 24% more
Utkarsh Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 2% less
Canara Bank Business Development Manager Salary 1 - 30 years exp. (3 salaries)	₹2.7 L/yr - ₹7 L/yr 84% more
Union Bank of India Business Development Manager Salary 3 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹4 L/yr 5% more
Emirates NBD Business Development Manager Salary 10 - 11 years exp. (3 salaries)	₹12.5 L/yr - ₹30 L/yr 716% 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 44 latest salaries received from various employees of IDFC FIRST Bank.

Experience wise IDFC FIRST Bank Business Development Manager salaries

Last Updated: 27 Jan 2025

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)	₹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)	₹2.8 L/yr - ₹3.6 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

(70 salaries)

₹1.2 L/yr - ₹3.6 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)

₹3 L/yr - ₹6 L/yr

Senior Business Development Executive Salary

(40 salaries)

₹1.2 L/yr - ₹3 L/yr

Senior Sales Manager Salary

(284 salaries)

₹4.1 L/yr - ₹13.5 L/yr

Area Sales Manager Salary

(224 salaries)

₹6 L/yr - ₹24 L/yr

Territory Sales Manager Salary

(755 salaries)

₹3.4 L/yr - ₹12 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.

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

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.

Salary - Excellent

+6 more

Dislikes

No dislikes as such

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

see more salary related reviews

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What people are saying about IDFC FIRST Bank

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Hi I am in discussion with an IT services firm for the role of business consulting. Currently I am a Product Manager - Digital payments in a bank. Need your help to understand if this would be a right switch for me from banking to consulting? What does a day of a consultant look like?

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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 ₹2.1 Lakhs to ₹5.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 60% less than the average Business Development Manager Salary in India. Salary estimates are based on 44 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 60% 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
Federal Bank Business Development Manager Salary - ₹11.0 Lakhs to ₹13.3 Lakhs per year
Standard Chartered Business Development Manager Salary - ₹3.7 Lakhs to ₹12.5 Lakhs per year
City Union Bank Business Development Manager Salary - ₹5.8 Lakhs to ₹10.1 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year

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

ICICI Bank Business Development Manager Salary - ₹2.1 Lakhs to ₹9.0 Lakhs per year
Canara Bank Business Development Manager Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
Yes Bank Business Development Manager Salary - ₹3.5 Lakhs to ₹10.0 Lakhs per year
Kotak Mahindra Bank Business Development Manager Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year
Karur Vysya Bank Business Development Manager Salary - ₹2.5 Lakhs to ₹8.0 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 ₹21,408 per month to ₹23,050 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 ₹2.1 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 10 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, 41% of the IDFC FIRST Bank Business Development Managers reported a notice period of 15 days or less, 36% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 56 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 ₹2.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 44 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

Territory Manager in Kolkata

Branch Manager in Surat

Sales Executive in New Delhi

IDFC FIRST Bank Business Development Manager Salary FAQs

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IDFC FIRST Bank Business Development Manager Salaries by Location