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LokSuvidha Finance Business Development Manager salaries in India

Annual salary range
0 - 7 years exp.
₹2.8 Lakhs - ₹4.1 Lakhs
Salary of majority employees
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58% less than the average Business Development Manager Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Manager Salary
0 - 7 years exp. (4 salaries)
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₹2.8 L/yr - ₹4.1 L/yr

Finance & Accounting
Business Development Manager Salary
1 - 3 years exp. (3 salaries)
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₹3 L/yr - ₹3.6 L/yr

Last Updated: 22 Apr 2024

Companies similar to LokSuvidha Finance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹6 L/yr

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₹4.7 L/yr - ₹7.2 L/yr

arrow icon 70% more
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₹1.5 L/yr - ₹2.2 L/yr

arrow icon 45% less
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₹3.2 L/yr - ₹5 L/yr

arrow icon 40% more
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BYJU'S Business Development Manager Salary

1 - 8 years exp. (3.9k salaries)

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₹6 L/yr - ₹16.5 L/yr

arrow icon 216% more
Business Development Manager salary at LokSuvidha Finance ranges between ₹2.8 Lakhs to ₹4.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 8 latest salaries received from various employees of LokSuvidha Finance.

Latest annual salaries shared by LokSuvidha Finance Business Development Manager

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3 years exp.
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7 years exp.
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6 years exp.

Experience wise LokSuvidha Finance Business Development Manager salaries

Last Updated: 22 Apr 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.4 L/yr - ₹4.1 L/yr
1 year (AmbitionBox Estimate)

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₹1.4 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)

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₹1.3 L/yr - ₹3.6 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
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Similar Designation salaries in LokSuvidha Finance

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₹14.4 L/yr - ₹18.4 L/yr
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₹4.8 L/yr - ₹5.25 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
Regional Manager Salary
(AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr
Branch Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Sales Manager Salary
(7 salaries)
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₹2.4 L/yr - ₹3.4 L/yr
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₹1.2 L/yr - ₹2.4 L/yr
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₹1.8 L/yr - ₹3.5 L/yr
Sales Officer Salary
(3 salaries)
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₹1.8 L/yr - ₹2.5 L/yr
Team Lead Salary
(5 salaries)
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₹1.8 L/yr - ₹2.4 L/yr

Top skills at LokSuvidha Finance for Business Development Manager

Business Development channel management Market Penetration Business Development Management Dealing Team Handling Distribution distribution channel management bde Sales Team Leading

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LokSuvidha Finance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at LokSuvidha Finance ?
The average salary of a Business Development Manager at LokSuvidha Finance in India typically ranges from ₹2.8 Lakhs to ₹4.1 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Manager at LokSuvidha Finance earn more than ₹3.9 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Business Development Manager Salaries at LokSuvidha 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 8 LokSuvidha Finance employees in India.
What is the estimated take home salary of a Business Development Manager at LokSuvidha Finance in India?
The estimated take-home salary of a Business Development Manager at LokSuvidha Finance in India typically ranges from ₹22,674 to ₹24,148 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from Fresher to 7 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 8 salaries received from various employees of LokSuvidha Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at LokSuvidha Finance ?
To be a Business Development Manager at LokSuvidha Finance in india, the key skills required include:

  • - Business Development
  • - channel management
  • - Market Penetration
  • - Business Development Management
  • - Dealing

These skills are highly valued at LokSuvidha Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than LokSuvidha Finance for Business Development Manager in India?
BYJU'S ₹6.0 Lakhs to ₹16.5 Lakhs per year
Biz Secure Lab ₹4.7 Lakhs to ₹7.2 Lakhs per year
India Ratings & Research ₹2.5 Lakhs to ₹6.0 Lakhs per year
Choice Equity Broking ₹3.2 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by LokSuvidha Finance, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to LokSuvidha Finance in India?
The salary of a Business Development Manager at companies similar to LokSuvidha Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sonata Finance ₹1.5 Lakhs to ₹2.2 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 LokSuvidha Finance in India?
The salary growth for a Business Development Manager at LokSuvidha Finance depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at LokSuvidha Finance:

Experience Average Salary Range
Fresher ₹1.4 Lakhs to ₹4.1 Lakhs per year
1 year ₹1.4 Lakhs to ₹3.6 Lakhs per year
2 years ₹1.3 Lakhs to ₹3.6 Lakhs per year
3 years ₹1.3 Lakhs to ₹3.6 Lakhs per year
and so on.

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LokSuvidha Finance Business Development Manager salary in India ranges between ₹2.8 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 LokSuvidha Finance latest salaries received from various employees of LokSuvidha Finance.