IIFL Finance Senior Business Development Manager Salaries by 5 Employees

10 - 14 years exp.

₹5.8 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Senior Business Development Manager Salary in NBFC Companies for 10 - 14 years of experience

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Last Updated: 28 Apr 2024

Companies similar to IIFL Finance for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Senior Business Development Manager Salary 2 - 14 years exp. (18 salaries)	₹2.4 L/yr - ₹4.5 L/yr 58% less
Fusion Microfinance Senior Business Development Manager Salary 2 - 8 years exp. (3 salaries)	₹3.3 L/yr - ₹4.3 L/yr 54% less
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Mahindra Finance Senior Business Development Manager Salary 8 - 20 years exp. (3 salaries)	₹15 L/yr - ₹36 L/yr 158% more
L&T Finance Senior Business Development Manager Salary 3 years exp. (3 salaries)	₹4.7 L/yr - ₹8.7 L/yr 21% less
SBI General Insurance Senior Business Development Manager Salary 3 - 12 years exp. (284 salaries)	₹3.4 L/yr - ₹8 L/yr 37% less	1 job opening

Senior Business Development Manager salary at IIFL Finance ranges between ₹5.8 Lakhs to ₹14 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Senior Business Development Manager salaries

Last Updated: 28 Apr 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹14.7 L/yr
11 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹14 L/yr
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12 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
13 years (AmbitionBox Estimate)	₹8 L/yr - ₹15.7 L/yr
14 years (AmbitionBox Estimate)	₹8 L/yr - ₹16 L/yr

Similar Designation salaries in IIFL Finance

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Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Business Development Associate Salary

(4 salaries)

₹2 L/yr - ₹5.5 L/yr

Business Development Executive Salary

(6 salaries)

₹2.49 L/yr - ₹5 L/yr

Senior Sales Manager Salary

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Area Business Manager Salary

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Business Manager Salary

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₹5.5 L/yr - ₹7 L/yr

Territory Sales Manager Salary

(16 salaries)

₹6 L/yr - ₹9 L/yr

Regional Manager Salary

(4 salaries)

₹8.57 L/yr - ₹16 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹21 L/yr - ₹30 L/yr

Salary related reviews for IIFL Finance

2.5

Rated by 2 employees for salary & benefits

Branch Manager in Dholka

Full Time

Other Department

3.0

• posted on 16 Nov 2024

1.0

for Salary and Benefits

Likes

Good scheams to serve customers

Skill development - Excellent

Dislikes

Giving low salary and huge pressure over work load more than salary. Hieringe from compitition with huge salary but not giving them who are wintage and loyal to the company.

Salary - Bad

+4 more

Area Manager in Guwahati

Full Time

Sales & Business Development Department

4.0

• posted on 04 Oct 2023

4.0

for Salary and Benefits

Likes

Good Culture, Good Management, Employee Partnership Program ESOP, Bonus

Salary - Good

+6 more

Dislikes

...s, ideally it should not be, Self driven people must have freedom from all this. Salary Structure should be as per performance, Outsiders gets higher package and those who are working since long they are having less salary. Few Seniors are looks like they are our guardian and they understand our problems, But few seniors we we feel scared even to make a call

Territory Sales Manager in Jaipur

Full Time

Sales & Business Development Department

5.0

• posted on 27 Sep 2023

5.0

for Salary and Benefits

Likes

...earn lot of thinks at my 12th year career company work culture is very healthy . Company each and every employee growth salary and profile according time to time.

Salary - Excellent

+6 more

Dislikes

Branch Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 31 Mar 2023

3.0

for Salary and Benefits

Likes

Value of positions, friendly nature with colleagues working areas,good customers at IIFL, salary intime credit employees,good service by employees for customers ,believed to customers iifl

Skill development - Excellent

+3 more

Dislikes

Some politics have in promotion s and grade changes, not completed in time eligible employees by promotions,no value for old employees ,some branches business depend by only some employees because future time face to problems company,zero walk-in some locations.some IRAs misuse job rules .

Job security - Poor

Deputy Manager in Mumbai

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Sep 2023

1.0

for Salary and Benefits

Likes

...wth. Seniors are very rude and insensitive and careless... No work life balance. No salary promotions. No bonuses.. bonus are delayed with less %

Dislikes

Senior behaviour with junior

Salary - Bad

+5 more

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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IIFL Finance Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at IIFL Finance ?

The average salary of a Senior Business Development Manager at IIFL Finance in India typically ranges from ₹5.8 Lakhs to ₹14.0 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Senior Business Development Manager at IIFL Finance earn more than ₹14.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Senior Business Development Manager Salaries at IIFL Finance 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 5 IIFL Finance employees in India.

What is the estimated take home salary of a Senior Business Development Manager at IIFL Finance in India?

The estimated take-home salary of a Senior Business Development Manager at IIFL Finance in India typically ranges from ₹62,508 to ₹64,096 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹14.0 Lakhs per year for employees with experience ranging from 10 years to 14 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 5 salaries received from various employees of IIFL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than IIFL Finance for Senior Business Development Manager in India?

Mahindra Finance

₹15.0 Lakhs to ₹36.0 Lakhs per year

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

What is the salary of a Senior Business Development Manager in companies similar to IIFL Finance in India?

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

L&T Finance	₹4.7 Lakhs to ₹8.7 Lakhs per year
SBI General Insurance	₹3.4 Lakhs to ₹8.0 Lakhs per year
Fusion Microfinance	₹3.3 Lakhs to ₹4.3 Lakhs per year
Shriram Finance	₹2.4 Lakhs to ₹4.5 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 Senior Business Development Manager at IIFL Finance in India?

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

Experience	Average Salary Range
10 years	₹5.8 Lakhs to ₹14.7 Lakhs per year
11 years	₹3.3 Lakhs to ₹14.0 Lakhs per year
12 years	₹7.7 Lakhs to ₹9.8 Lakhs per year
13 years	₹8.0 Lakhs to ₹15.7 Lakhs per year

and so on.

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IIFL Finance Senior Business Development Manager Salaries

IIFL Finance Senior Business Development Manager salary in India ranges between ₹5.8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 IIFL Finance latest salaries received from various employees of IIFL Finance.

IIFL Finance Senior Business Development Manager salaries in India

Companies similar to IIFL Finance for Senior Business Development Manager

Latest annual salaries shared by IIFL Finance Senior Business Development Manager

Experience wise IIFL Finance Senior Business Development Manager salaries

Similar Designation salaries in IIFL Finance

Salary related reviews for IIFL Finance

Branch Manager in Dholka

Area Manager in Guwahati

Territory Sales Manager in Jaipur

Branch Manager in Hyderabad / Secunderabad

Deputy Manager in Mumbai

IIFL Finance Senior Business Development Manager Salary FAQs

Tell us how to improve this page.

IIFL Finance Senior Business Development Manager Salaries by Location