IIFL Finance Business Development Manager Salaries by 40+ Employees (Updated 2024)

0 - 10 years exp.

₹1.9 Lakh - ₹8 Lakhs

Salary of majority employees

42% less than the average Business Development Manager Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 1 - 10 years exp. (15 salaries)	₹2.6 L/yr - ₹8 L/yr
Sales & Business Development Business Development Manager Salary 1 - 10 years exp. (13 salaries)	₹1.9 L/yr - ₹4.9 L/yr
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Finance & Accounting Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹7.9 L/yr
Customer Success, Service & Operations Business Development Manager Salary 1 - 9 years exp. (3 salaries)	₹2.6 L/yr - ₹6.5 L/yr
Marketing & Communication Business Development Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.5 L/yr

Last Updated: 6 Dec 2024

Companies similar to IIFL Finance for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Securities Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr 33% less
Kotak Securities Business Development Manager Salary 2 - 6 years exp. (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr 7% more
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ICICI Securities Business Development Manager Salary 1 - 11 years exp. (10 salaries)	₹3.5 L/yr - ₹8 L/yr 31% more
Sharekhan Business Development Manager Salary 1 - 5 years exp. (6 salaries)	₹2.5 L/yr - ₹11.8 L/yr 51% more
Angel One Business Development Manager Salary 1 - 10 years exp. (165 salaries)	₹2 L/yr - ₹6.6 L/yr 4% less	1 job opening
Motilal Oswal Financial Services Business Development Manager Salary 2 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹9 L/yr 22% more
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 19% less
Axis Direct Business Development Manager Salary 1 - 12 years exp. (6 salaries)	₹5 L/yr - ₹9.8 L/yr 54% more
Karvy Stock Broking Business Development Manager Salary 3 - 13 years exp. (14 salaries)	₹2.3 L/yr - ₹7.3 L/yr 12% less
Muthoot Finance Business Development Manager Salary 4 - 10 years exp. (37 salaries)	₹2.7 L/yr - ₹6.3 L/yr 3% less
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (29 salaries)	₹2 L/yr - ₹3.8 L/yr 34% less	2 job openings
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Mahindra Finance Business Development Manager Salary 1 - 8 years exp. (22 salaries)	₹2.3 L/yr - ₹9.7 L/yr 28% more
HDB Financial Services Business Development Manager Salary 1 - 4 years exp. (15 salaries)	₹1.8 L/yr - ₹4.1 L/yr 44% less
Aditya Birla Finance Business Development Manager Salary 3 - 16 years exp. (14 salaries)	₹8.1 L/yr - ₹25.1 L/yr 228% more
Muthoot Fincorp Business Development Manager Salary 3 - 10 years exp. (8 salaries)	₹2.5 L/yr - ₹4.6 L/yr 28% less
Poonawalla Fincorp Business Development Manager Salary 3 - 19 years exp. (8 salaries)	₹9.7 L/yr - ₹12 L/yr 146% more
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 115% more
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 55% less
Piramal Capital Housing Finance Business Development Manager Salary 4 - 20 years exp. (5 salaries)	₹2 L/yr - ₹12 L/yr 56% more
Bajaj Finance Business Development Manager Salary 4 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 2% more

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Business Development Manager salary at IIFL Finance ranges between ₹1.9 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 45 latest salaries received from various employees of IIFL Finance.

Experience wise IIFL Finance Business Development Manager salaries

Last Updated: 6 Dec 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
1 year (8 salaries)	₹1.9 L/yr - ₹4 L/yr
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2 years (4 salaries)	₹2.5 L/yr - ₹8 L/yr
3 years (6 salaries)	₹3 L/yr - ₹8 L/yr
4 years (4 salaries)	₹2.5 L/yr - ₹7.9 L/yr
5 years (8 salaries)	₹3.8 L/yr - ₹6 L/yr
6 years (4 salaries)	₹3.9 L/yr - ₹6.2 L/yr
7 years (4 salaries)	₹3.4 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹7.3 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.5 L/yr
10 years (3 salaries)	₹4 L/yr - ₹9.2 L/yr

View all

Similar Designation salaries in IIFL Finance

Senior Business Development Manager Salary

(5 salaries)

₹5.8 L/yr - ₹14 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 - ₹4 L/yr

Business Manager Salary

(5 salaries)

₹5.5 L/yr - ₹7 L/yr

Zonal Sales Manager Salary

(4 salaries)

₹16 L/yr - ₹45 L/yr

Assistant Sales Manager Salary

(7 salaries)

₹2.15 L/yr - ₹4.72 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Senior Sales Manager Salary

(18 salaries)

₹4.2 L/yr - ₹7.55 L/yr

Area Sales Manager Salary

(13 salaries)

₹3 L/yr - ₹12.5 L/yr

Territory Sales Manager Salary

(16 salaries)

₹6 L/yr - ₹9 L/yr

Top skills at IIFL Finance for Business Development Manager

B2B Sales Acquisition Business Development Business Development Management Channel Sales Mutual Funds Franchisee Development structured products Revenue Generation Life Insurance General Insurance Client Acquisition Fixed Deposits Lead Generation RM

Salary related reviews for IIFL Finance

4.0

Rated by 14 employees for salary & benefits

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

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.

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

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 .

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

Branch Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Oct 2018

5.0

for Salary and Benefits

Likes

Salary,learning

Dislikes

Work pressure is high, manager do not have value of person, senior does not guide only need business that's it. Job is not secure , mentaly pressure given by senior, company and top management is best but over all not satisfactory.

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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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IIFL Finance Business Development Manager Salary FAQs

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

Business Development Manager salary at IIFL Finance in India ranges between ₹1.9 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 42% less than the average Business Development Manager Salary in India. Salary estimates are based on 45 latest salaries received from various employees of IIFL Finance India.

How does the salary of a Business Development Manager at IIFL Finance India compare with the average salary range for this job?

The average salary of a Business Development Manager at IIFL Finance is 42% 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 IIFL Finance?

B2B Sales, Acquisition, Business Development, Business Development Management and Channel Sales are some of the popular skills required to work as a Business Development Manager at IIFL Finance India.

Which similar companies are paying more than IIFL Finance to a Business Development Manager in India?

Aditya Birla Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹25.1 Lakhs per year
Poonawalla Fincorp Business Development Manager Salary - ₹9.7 Lakhs to ₹12.0 Lakhs per year
TVS Credit Business Development Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
Tata Capital Business Development Manager Salary - ₹9.4 Lakhs to ₹15.5 Lakhs per year
L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year

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

Piramal Capital Housing Finance Business Development Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
Axis Direct Business Development Manager Salary - ₹5.0 Lakhs to ₹9.8 Lakhs per year
Bharat Financial Inclusion Business Development Manager Salary - ₹1.0 Lakhs to ₹15.2 Lakhs per year
Sharekhan Business Development Manager Salary - ₹2.5 Lakhs to ₹11.8 Lakhs per year
ICICI Securities Business Development Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at IIFL Finance ranges between ₹32,554 per month to ₹33,831 per month in India. The take-home salary calculation is based on the average IIFL Finance Business Development Manager salary in India which ranges between ₹1.9 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at IIFL Finance?

According to AmbitionBox, 48% of the IIFL Finance Business Development Managers reported a notice period of 1 Month, 26% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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IIFL Finance Business Development Manager Salaries by Location

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IIFL Finance Business Development Manager Salaries

IIFL Finance Business Development Manager salary in India ranges between ₹1.9 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 45 IIFL Finance latest salaries received from various employees of IIFL Finance.

IIFL Finance Business Development Manager salaries in India

Companies similar to IIFL Finance for Business Development Manager

Latest annual salaries shared by IIFL Finance Business Development Manager

Experience wise IIFL Finance Business Development Manager salaries

Similar Designation salaries in IIFL Finance

Top skills at IIFL Finance for Business Development Manager

Salary related reviews for IIFL Finance

Area Manager in Guwahati

Territory Sales Manager in Jaipur

Branch Manager in Hyderabad / Secunderabad

Deputy Manager in Mumbai

Branch Manager in Jaipur

IIFL Finance Business Development Manager Salary FAQs

Tell us how to improve this page.

IIFL Finance Business Development Manager Salaries by Location