L&T Finance Business Development Manager Salaries by 7 Employees

2 - 5 years exp.

₹8.1 Lakhs - ₹13.4 Lakhs

Low Confidence

Salary of majority employees

Fixed (85%)

₹7.8 Lakhs

Variable (15%)

₹1.4 Lakh

21% more than the average Business Development Manager Salary in NBFC Companies for 2 - 5 years of experience

Interested in this particular role?

Last Updated: 6 Nov 2024

Companies similar to L&T Finance for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Ugro Capital Business Development Manager Salary 0 - 11 years exp. (111 salaries)	₹2.8 L/yr - ₹9.8 L/yr 42% less	1 job opening
SK Finance Limited Business Development Manager Salary 2 - 9 years exp. (70 salaries)	₹2.6 L/yr - ₹6.8 L/yr 58% less
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IIFL Finance Business Development Manager Salary 0 - 10 years exp. (44 salaries)	₹1.9 L/yr - ₹8 L/yr 50% less
Ess Kay Fincorp Business Development Manager Salary 4 - 10 years exp. (40 salaries)	₹2.5 L/yr - ₹5.5 L/yr 57% less
Muthoot Finance Business Development Manager Salary 4 - 10 years exp. (38 salaries)	₹2.7 L/yr - ₹6.3 L/yr 52% less	2 job openings
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (36 salaries)	₹2 L/yr - ₹4.3 L/yr 69% less
MAS Financial Services Business Development Manager Salary 7 - 23 years exp. (26 salaries)	₹4.2 L/yr - ₹13 L/yr 10% less	1 job opening
Mahindra Finance Business Development Manager Salary 2 - 8 years exp. (21 salaries)	₹2.3 L/yr - ₹10.2 L/yr 39% less
Capri Global Capital Business Development Manager Salary 0 - 12 years exp. (19 salaries)	₹2.5 L/yr - ₹5 L/yr 60% less
CreditAccess Grameen Business Development Manager Salary 2 - 11 years exp. (19 salaries)	₹2.2 L/yr - ₹4.8 L/yr 64% less
Sundaram Finance Business Development Manager Salary 4 - 10 years exp. (13 salaries)	₹4.8 L/yr - ₹11 L/yr 27% less
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Muthoot Fincorp Business Development Manager Salary 3 - 11 years exp. (7 salaries)	₹2.5 L/yr - ₹6 L/yr 63% less
LendingKart Business Development Manager Salary 2 - 6 years exp. (6 salaries)	₹2.2 L/yr - ₹3.7 L/yr 65% less
Sammaan Capital Limited Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 57% less
Poonawalla Fincorp Business Development Manager Salary 3 - 16 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr 17% more
PNB Housing Finance Business Development Manager Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 4% less
Electronica Finance Business Development Manager Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.2 L/yr 60% less
TVS Credit Business Development Manager Salary 2 - 30 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 16% more
Aavas Financiers Business Development Manager Salary 2 - 13 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr 51% less
SMFG India Credit Business Development Manager Salary 0 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 67% less

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Business Development Manager salary at L&T Finance ranges between ₹8.1 Lakhs to ₹13.4 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of L&T Finance.

Experience wise L&T Finance Business Development Manager salaries

Last Updated: 6 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹10.5 L/yr
3 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹16 L/yr
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4 years (3 salaries)	₹8.1 L/yr - ₹10 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹13.4 L/yr

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Salary related reviews for L&T Finance

5.0

Rated by 1 employees for salary & benefits

Sales Executive in Chandigarh

Full Time

Finance & Accounting Department

4.0

• posted on 24 Mar 2025

5.0

for Salary and Benefits

Likes

This is a very good company. Company culture is also good and all co-workers are very helpful and 24 hour salary system is also very good.And the company has a very good health policy

Salary - Excellent

+3 more

Dislikes

The company is good but the salary is not right as per the time, it is very less and neither is the incentive structure right

Promotions - Poor

Branch Manager in Hanwada

Full Time

Finance & Accounting Department

4.0

• posted on 10 Feb 2025

4.0

for Salary and Benefits

Likes

Work life Salary Skill development

Salary - Good

+4 more

Dislikes

Some kind of aggressive mentors monitoring, It's too worst to face and use some salary to work comparision words continue revert by supervisor and superior officials

Branch Manager in Madhubani

Full Time

Finance & Accounting Department

2.0

• posted on 01 Dec 2024

4.0

for Salary and Benefits

Likes

Salary credit on time in any condition

Salary - Good

+1 more

Dislikes

Leave Policy.if the senior wishes,he will make him work for 30 days in a month's.There is no Hr Policy.secondly even if you are eligible for prmotion,if your senior does not wants it then will not get promotion,and if your senior wants it but is not eligible then he will also get promotion.There is no Hr Policy at all.

Job security - Bad

+4 more

Branch Manager in Kochi

Full Time

Other Department

1.0

• posted on 01 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing here to be liked

Dislikes

...ated people to save their job. If you complaints, you will be their next target. Mandatory yearly bonus is a part of your salary. Actually its not given. Always cutting your incentives.

Salary - Bad

+6 more

Branch Manager in Kusheshwar Asthan

Full Time

Sales & Business Development Department

4.0

• posted on 06 Aug 2024

4.0

for Salary and Benefits

Likes

When I was working in L&T finance I was feeling very good, I got promotion and salary benefits

Salary - Good

+1 more

Dislikes

I am telling you what happened to me, low level bosses make us work as per their wish, why is it not wrong, on small matters they tell us to resign.

Job security - Poor

+1 more

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L&T Finance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at L&T Finance ?

The average salary of a Business Development Manager at L&T Finance in India typically ranges from ₹8.1 Lakhs to ₹13.4 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Business Development Manager at L&T Finance earn more than ₹12.8 Lakhs per year, and the top 1% earn over ₹13.4 Lakhs per year. Business Development Manager Salaries at L&T 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 7 L&T Finance employees in India.

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

The estimated take-home salary of a Business Development Manager at L&T Finance in India typically ranges from ₹66,690 to ₹68,396 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹13.4 Lakhs per year for employees with experience ranging from 2 years to 5 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 7 salaries received from various employees of L&T Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than L&T Finance for Business Development Manager in India?

Poonawalla Fincorp	₹10.0 Lakhs to ₹12.0 Lakhs per year
TVS Credit	₹6.0 Lakhs to ₹15.0 Lakhs per year
Spandana Sphoorty Financial	₹8.0 Lakhs to ₹10.0 Lakhs per year

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

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

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

PNB Housing Finance	₹7.0 Lakhs to ₹12.0 Lakhs per year
MAS Financial Services	₹4.2 Lakhs to ₹13.0 Lakhs per year
Sundaram Finance	₹4.8 Lakhs to ₹11.0 Lakhs per year
Mahindra Finance	₹2.3 Lakhs to ₹10.2 Lakhs per year
Ugro Capital	₹2.8 Lakhs to ₹9.8 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 L&T Finance in India?

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

Experience	Average Salary Range
2 years	₹3.4 Lakhs to ₹10.5 Lakhs per year
3 years	₹8.1 Lakhs to ₹16.0 Lakhs per year
4 years	₹8.1 Lakhs to ₹10.0 Lakhs per year
5 years	₹3.8 Lakhs to ₹13.4 Lakhs per year

and so on.

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L&T Finance Business Development Manager Salaries

L&T Finance Business Development Manager salary in India ranges between ₹8.1 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 L&T Finance latest salaries received from various employees of L&T Finance.