LIC Housing Finance Business Development Manager Salaries by 5 Employees (Updated 2025)

4 - 15 years exp.

₹4.8 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

32% more than the average Business Development Manager Salary in NBFC Companies for 4 - 15 years of experience

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Salaries in different departments

Finance & Accounting Business Development Manager Salary 4 - 15 years exp. (3 salaries)	₹4.8 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Business Development Manager Salary 6 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 19 Feb 2025

Companies similar to LIC Housing Finance 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 42% less	1 job opening
ICICI Bank Business Development Manager Salary 0 - 8 years exp. (124 salaries)	₹2 L/yr - ₹7.1 L/yr 32% less
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Axis Bank Business Development Manager Salary 0 - 10 years exp. (125 salaries)	₹1.4 L/yr - ₹7 L/yr 59% less
Bajaj Finance Business Development Manager Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.8 L/yr 60% less
Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (47 salaries)	₹1.5 L/yr - ₹8 L/yr 54% less
Sammaan Capital Limited Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 61% less
PNB Housing Finance Business Development Manager Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 11% less
Piramal Capital Housing Finance Business Development Manager Salary 4 - 20 years exp. (5 salaries)	₹2 L/yr - ₹12 L/yr 31% less
Ugro Capital Business Development Manager Salary 0 - 11 years exp. (108 salaries)	₹2.4 L/yr - ₹9.3 L/yr 49% less
MAS Financial Services Business Development Manager Salary 10 - 18 years exp. (25 salaries)	₹5 L/yr - ₹16 L/yr 1% more	2 job openings
Hero FinCorp Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹6.5 L/yr 50% less
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Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 80% less
Electronica Finance Business Development Manager Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.2 L/yr 64% less
Kogta Financial India Limited Business Development Manager Salary 5 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹5.9 L/yr 51% less
InCred Finance Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.1 L/yr - ₹6.8 L/yr 41% less
Hinduja Leyland Finance Business Development Manager Salary 3 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.3 L/yr 78% less
Shubham Housing Development Finance Business Development Manager Salary 2 - 3 years exp. (3 salaries)	₹3.1 L/yr - ₹3.5 L/yr 67% less
Vistaar Finance Business Development Manager Salary 7 - 9 years exp. (3 salaries)	₹2.3 L/yr - ₹7.5 L/yr 54% less
IKF Finance Business Development Manager Salary 2 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹2.3 L/yr 80% less
Tyger Capital Business Development Manager Salary 4 - 7 years exp. (3 salaries)	₹3 L/yr - ₹15 L/yr 29% less

Business Development Manager salary at LIC Housing Finance ranges between ₹4.8 Lakhs to ₹12 Lakhs per year for employees with experience between 4 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of LIC Housing Finance.

Experience wise LIC Housing Finance Business Development Manager salaries

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹12.9 L/yr
5 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
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6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹10 L/yr
8 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.7 L/yr
9 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
10 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
11 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
14 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
15+ years (AmbitionBox Estimate)	₹12 L/yr - ₹12 L/yr

View all

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Salary related reviews for LIC Housing Finance

5.0

Rated by 1 employees for salary & benefits

Area Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 30 Oct 2023

4.0

for Salary and Benefits

Likes

Stable job Good Salary

Salary - Good

+1 more

Dislikes

No learning and new skill development Only run after chasing numbers No work life balance Everyone is doing everything, no specific career path Transfers every 3 years Places of postings may not be satisfactory

Skill development - Bad

+3 more

Accountant in Vijayawada

Full Time

Finance & Accounting Department

3.0

• posted on 28 Jul 2020

5.0

for Salary and Benefits

Likes

Secured job. Good work culture. Pressuring the employees every day. Not good company for chartered accountants. Compensation & benefits good. Covid lockdown time given work from home facility.

Salary - Excellent

+3 more

Dislikes

No proper execution regarding how to utilise employee knowledge resources

Direct Marketing Executive in Kolkata

Full Time

Sales & Business Development Department

1.0

• posted on 22 Jun 2020

1.0

for Salary and Benefits

Likes

During covid 19 no one get salary or any compensation from LICHFL. No work no pay.

Dislikes

We think that LICHFL will help us to grow our future career, but we are wrong. All of we doing permanent job before joining LICHFL,now we think why should we leave that job.

Salary - Bad

+6 more

Area Manager- Housing Finance in Kolkata

Other Department

4.0

• posted on 30 Jun 2022

4.0

for Salary and Benefits

Likes

It is a company that provides good compensation for the work we do. However promotion structure at officer cadres are rigid and long office hours are the norm. Overall if one is willing to compromise a bit on work life balance , it is good company to work for.

Salary - Good

+2 more

Dislikes

Work-life balance - Poor

Senior Associate in Meerut

Credit Operation Department

3.0

• posted on 25 Sep 2021

5.0

for Salary and Benefits

Likes

Good salary. Secure job. Brand name.

Salary - Excellent

+1 more

Dislikes

Long working hours throughout year. unskilled and under qualified seniors. No training. No hr policies. they don't have hr wing except for head office. Biases like any other psu culture. Transfers are at mercy of management

Skill development - Poor

+4 more

see more salary related reviews

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LIC Housing Finance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at LIC Housing Finance?

Business Development Manager salary at LIC Housing Finance in India ranges between ₹4.8 Lakhs to ₹12.0 Lakhs for experience between 4 years to 15 years. According to our estimates it is 32% more than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of LIC Housing Finance India.

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

The average salary of a Business Development Manager at LIC Housing Finance is 32% more 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 LIC Housing Finance to a Business Development Manager in India?

MAS Financial Services Business Development Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year

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

PNB Housing Finance Business Development Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
Tyger Capital Business Development Manager Salary - ₹3.0 Lakhs to ₹15.0 Lakhs per year
Piramal Capital Housing Finance Business Development Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹7.1 Lakhs per year
InCred Finance Business Development Manager Salary - ₹3.1 Lakhs to ₹6.8 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at LIC Housing Finance ranges between ₹71,942 per month to ₹73,797 per month in India. The take-home salary calculation is based on the average LIC Housing Finance Business Development Manager salary in India which ranges between ₹4.8 Lakhs to ₹12.0 Lakhs per year for employees with experience between 4 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the LIC Housing Finance Business Development Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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LIC Housing Finance Business Development Manager Salaries

LIC Housing Finance Business Development Manager salary in India ranges between ₹4.8 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 LIC Housing Finance latest salaries received from various employees of LIC Housing Finance.