JM Financial Business Development Manager Salaries by 4 Employees (Updated 2025)

1 - 13 years exp.

₹3.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

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47% less than the average Business Development Manager Salary in Financial Services Companies for 1 - 13 years of experience

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Last Updated: 13 Mar 2023

Companies similar to JM Financial for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Business Development Manager Salary 1 - 8 years exp. (35 salaries)	Unlock ₹2.2 L/yr - ₹9 L/yr 27% more
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	Unlock ₹2.5 L/yr - ₹7.6 L/yr 12% less
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Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	Unlock ₹1.5 L/yr - ₹8 L/yr 9% more
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (125 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 42% more
ICICI Bank Business Development Manager Salary 1 - 10 years exp. (109 salaries)	Unlock ₹2.1 L/yr - ₹8.9 L/yr 42% more
Reliance Industries Business Development Manager Salary 2 - 11 years exp. (47 salaries)	Unlock ₹3.5 L/yr - ₹14.7 L/yr 113% more
TCS Business Development Manager Salary 2 - 16 years exp. (221 salaries)	Unlock ₹6 L/yr - ₹26.4 L/yr 265% more
Infosys Business Development Manager Salary 0 - 20 years exp. (25 salaries)	Unlock ₹8 L/yr - ₹35 L/yr 393% more
Hindustan Unilever Business Development Manager Salary 3 - 13 years exp. (16 salaries)	Unlock ₹4.8 L/yr - ₹18.4 L/yr 159% more
Bharti Airtel Business Development Manager Salary 4 - 16 years exp. (142 salaries)	Unlock ₹4.2 L/yr - ₹13.7 L/yr 102% more	3 job openings
Aditya Birla Capital Business Development Manager Salary 0 - 13 years exp. (84 salaries)	Unlock ₹3.4 L/yr - ₹7.5 L/yr 13% more
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ICICI Securities Business Development Manager Salary 1 - 13 years exp. (12 salaries)	Unlock ₹3.5 L/yr - ₹8 L/yr 60% more
Religare Business Development Manager Salary 2 - 4 years exp. (6 salaries)	Unlock ₹2.4 L/yr - ₹4.6 L/yr 9% more
Alankit Business Development Manager Salary 3 - 14 years exp. (6 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 13% less
Bajaj Finserv Business Development Manager Salary 1 - 7 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr 1% less
Bajaj Capital Business Development Manager Salary 2 - 12 years exp. (5 salaries)	Unlock ₹2.5 L/yr - ₹6.2 L/yr 23% more
JPMorgan Chase & Co. Business Development Manager Salary 0 - 3 years exp. (5 salaries)	Unlock ₹23.1 L/yr - ₹58 L/yr 788% more
Sharekhan Business Development Manager Salary 2 - 5 years exp. (4 salaries)	Unlock ₹7.6 L/yr - ₹11.8 L/yr 89% more
Reliance Capital Business Development Manager Salary 0 - 5 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹3.9 L/yr 10% less
Geojit Financial Services Business Development Manager Salary 2 - 6 years exp. (4 salaries)	Unlock ₹4.7 L/yr - ₹7.4 L/yr 24% more

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Business Development Manager salary at JM Financial ranges between ₹3.5 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 4 latest salaries received from various employees of JM Financial.

Experience wise JM Financial Business Development Manager salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹4.6 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹4 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in JM Financial

Business Development Associate Salary

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₹3.8 L/yr - ₹4.8 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr

Assistant Sales Manager Salary

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₹6.6 L/yr - ₹10 L/yr

Senior Sales Manager Salary

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₹3.5 L/yr - ₹7.3 L/yr

Area Sales Manager Salary

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₹5.25 L/yr - ₹14 L/yr

Territory Sales Manager Salary

(3 salaries)

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₹9 L/yr - ₹12.9 L/yr

Deputy Manager Salary

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₹4.75 L/yr - ₹9.3 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.4 L/yr

Branch Manager Salary

(6 salaries)

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₹5 L/yr - ₹7.77 L/yr

Relationship Manager Salary

(28 salaries)

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₹2.3 L/yr - ₹5.5 L/yr

Salary related reviews for JM Financial

5.0

Rated by 1 employees for salary & benefits

Senior Software Developer in Mumbai

Full Time

Engineering - Software & QA Department

1.0

• posted on 05 Sep 2024

1.0

for Salary and Benefits

Likes

salary on time

Dislikes

working here for few months now too much office politics, the deployment is never planned and entire process here is made unnecessarily complicated , too much favouritism like their fav ppl leaves are approved , no need of coming to office ontime or leaving early, dont fall for any review that says anything positive its not true and its not employee friendly, healthy working culture here, no body helps u with basic new joining stuff u need ,just wont recommend anyone fresher or exp to come, u need to be too good to handle all the politics thats all. manager and senior managers treats you like absolute slave. u grow here only if you are extremely good with politics , buttering the upper management no actual skills/intelligence needed. also no proper hierarchy is maintained here within team and organisation.

Salary - Bad

+5 more

Senior Executive in Mumbai

Full Time

Marketing & Communication Department

1.0

• posted on 12 Aug 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...letely biased towards seniors. He only listens and accepts whatever seniors say. I will not recommend anyone to work here even if you are getting very good package just for the sake of your mental health

Salary - Bad

+5 more

Investment Banking Associate in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 03 Oct 2024

4.0

for Salary and Benefits

Likes

1. Higher compensation as compared to the Industry

Salary - Good

+1 more

Dislikes

1. Unnecessary work on weekends just because it is Investment Banking 2. Mandates come from top leadership....no real coverage banking 3. Highly rude, egoistic, insecure and envious people at top leadership 4. Exploitative behaviour, office politics, gossips, talking behind backs, etc. Won't recommend this even to my worst enemy

Skill development - Poor

+3 more

Associate in Mumbai

Full Time

Teaching & Training Department

1.0

• posted on 10 Nov 2023

2.0

for Salary and Benefits

Likes

There is one sun brand of JM financial name as Blinkx. Celebration of each festival was good.

Dislikes

...ou come to know that your expertise and your alloted profile is very different. Pathetic bonus return policy.

Salary - Poor

+6 more

Associate (working remotely)

Full Time

Finance & Accounting Department

2.0

• posted on 03 May 2023

3.0

for Salary and Benefits

Likes

Weekend off Medical checkup every week Insurance agent meetinf every week

Dislikes

...n worli branch employee have to seat and eat on the desk where u seat for work Most imp if u have vehicle than ready for traffice who take ur vehicle n pay fine again n again coz company does not provide parking facility

Skill development - Bad

+4 more

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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JM Financial Business Development Manager Salary FAQs

What is the salary of Business Development Manager at JM Financial?

Business Development Manager salary at JM Financial in India ranges between ₹3.5 Lakhs to ₹5.0 Lakhs for experience between 1 years to 13 years. According to our estimates it is 47% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of JM Financial India.

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

The average salary of a Business Development Manager at JM Financial is 47% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than JM Financial to a Business Development Manager in India?

Wells Fargo Business Development Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co. Business Development Manager Salary - ₹23.1 Lakhs to ₹58.0 Lakhs per year
Infosys Business Development Manager Salary - ₹8.0 Lakhs to ₹35.0 Lakhs per year
TCS Business Development Manager Salary - ₹6.0 Lakhs to ₹26.4 Lakhs per year
Nippon Life India Asset Management Business Development Manager Salary - ₹2.0 Lakhs to ₹21.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to JM Financial in India?

Hindustan Unilever Business Development Manager Salary - ₹4.8 Lakhs to ₹18.4 Lakhs per year
Reliance Industries Business Development Manager Salary - ₹3.5 Lakhs to ₹14.7 Lakhs per year
Bharti Airtel Business Development Manager Salary - ₹4.2 Lakhs to ₹13.7 Lakhs per year
Sharekhan Business Development Manager Salary - ₹7.6 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 JM Financial in India?

The estimated take-home salary of a Business Development Manager at JM Financial ranges between ₹29,732 per month to ₹31,050 per month in India. The take-home salary calculation is based on the average JM Financial Business Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

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JM Financial Business Development Manager Salaries by Location

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JM Financial Business Development Manager Salaries

JM Financial Business Development Manager salary in India ranges between ₹3.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 JM Financial latest salaries received from various employees of JM Financial.

JM Financial Business Development Manager salaries in India

Companies similar to JM Financial for Business Development Manager

Latest annual salaries shared by JM Financial Business Development Manager

Experience wise JM Financial Business Development Manager salaries

Similar Designation salaries in JM Financial

Salary related reviews for JM Financial

Senior Software Developer in Mumbai

Senior Executive in Mumbai

Investment Banking Associate in Mumbai

Associate in Mumbai

Associate (working remotely)

JM Financial Business Development Manager Salary FAQs

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