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4.1

based on 10.1k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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Mahindra & Mahindra Business Development Manager salaries in Mumbai

Annual salary range
3 - 12 years exp.
₹9.5 Lakhs - ₹26 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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184% more than the average Business Development Manager Salary in Automobile Companies for 3 - 12 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Marketing & Communication
Business Development Manager Salary
10 - 12 years exp. (3 salaries)
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₹14 L/yr - ₹20.8 L/yr

Sales & Business Development
Business Development Manager Salary
3 - 7 years exp. (AmbitionBox Estimate)
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₹15.5 L/yr - ₹19.5 L/yr

Strategic & Top Management
Business Development Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹25.5 L/yr - ₹26.5 L/yr

Last Updated: 20 Sep 2023

Companies similar to Mahindra & Mahindra for Business Development Manager in Mumbai

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Mahindra & Mahindra Business Development Manager Salary

3 - 12 years exp. (10 salaries)
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₹9.5 L/yr - ₹26 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IndusInd Bank Business Development Manager Salary

0 - 8 years exp. (194 salaries)
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₹2 L/yr - ₹5 L/yr

arrow icon 83% less
 191 job openings
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HDFC Life Business Development Manager Salary

0 - 10 years exp. (190 salaries)
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₹1.9 L/yr - ₹5 L/yr

arrow icon 82% less
 11 job openings
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BYJU'S Business Development Manager Salary

1 - 7 years exp. (126 salaries)
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₹4.5 L/yr - ₹18 L/yr

arrow icon 52% less
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Oyo Rooms Business Development Manager Salary

2 - 12 years exp. (124 salaries)
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₹4.8 L/yr - ₹14 L/yr

arrow icon 58% less
 6 job openings
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myGate Business Development Manager Salary

0 - 6 years exp. (103 salaries)
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₹3.3 L/yr - ₹10 L/yr

arrow icon 72% less
Business Development Manager salary at Mahindra & Mahindra ranges between ₹9.5 Lakhs to ₹26 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 10 latest salaries received from various employees of Mahindra & Mahindra.

Latest annual salaries shared by Mahindra & Mahindra Business Development Manager in Mumbai

1y ago
₹24 Lakhs
5 years exp.
1y ago
₹6 Lakhs
7 years exp.

Experience wise Mahindra & Mahindra Business Development Manager salaries in Mumbai

Last Updated: 20 Sep 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.1 L/yr
4 years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.1 L/yr
5 years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.2 L/yr
6 years (AmbitionBox Estimate)

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₹18.9 L/yr - ₹24.2 L/yr
7 years  (3 salaries)

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₹8.4 L/yr - ₹37.9 L/yr
View all

Similar Designation salaries in Mahindra & Mahindra

Area Sales Manager Salary
(27 salaries)
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₹10 L/yr - ₹28.24 L/yr
Business Development Executive Salary
(3 salaries)
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₹2.4 L/yr - ₹2.84 L/yr

Top skills at Mahindra & Mahindra for Business Development Manager

Client Retention Revenue Generation Customer Satisfaction Supervision After Sales Support manpower Advisory Relationship Management Salesforce Costing XI Scheduling Data Analysis .Net Material Testing

Salary related reviews for Mahindra & Mahindra

3.6

Rated by 3 employees for salary & benefits

Deputy Manager in Bangalore / Bengaluru

Full Time

 · 

Research & Development Department

4.0
  •  posted on 28 Dec 2023
3.0
 for  Salary and Benefits

Likes

1. No organisational hierarchy barrier. 2. Top management and seniors are easily approachable.

  • Skill development - Good
    • +3 more

Dislikes

1. Salary is lower compared to the work load and the top-notch job employees are doing. 2. Work-life balance is compromised many a times.

read more

Area Sales Manager in Udaipur

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 09 Jun 2023
3.0
 for  Salary and Benefits

Likes

Likes - Government type of job Easy peasy attitude Good systems Permanent job with zero attrition rate

  • Job security - Excellent
    • +1 more

Dislikes

No promotions Low salary structure (like labour) No one to hear your grievances Self narcissistic culture of working in a big brand Most of the divisions are loss making except auto and tractor division Expenses right out of your pocket for company work

read more
  • Promotions - Poor

Deputy Manager in Mumbai

Full Time

 · 

Project & Program Management Department

5.0
  •  posted on 15 May 2023
5.0
 for  Salary and Benefits

Likes

Alternate Saturday off .....good work culture

  • Salary - Excellent
    • +5 more

Dislikes

... are need to more fair Need to start pick and drop facility for employees.... Need to add Sodexo cupouns as salary entity for tax benifit

read more

Deputy Manager in Pune

Full Time

 · 

Research & Development Department

2.0
  •  posted on 12 Mar 2023
1.0
 for  Salary and Benefits

Likes

You have decision making power which helps in gaining experience hands-on.

  • Job security - Good

Dislikes

Work life balance, appraisal, salary benefits are in no way linked to your performance. It's all driven by internal politics. Never trust any promise made by senior management or HR department at Mahindra. 0% reliability.

read more
  • Salary - Bad
    • +5 more

Sales Manager in Raipur

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 08 Jun 2019
1.0
 for  Salary and Benefits

Likes

Working for mahindra is good but when it comes to mahindra dealership it is complete terrible salary package is worst incentives which is told by dealer are never given by them Sales Executise are treated in a very bad manner Overall working for dealerships are at it worsy

read more

Dislikes

  • Salary - Bad
  • Skill development - Bad
    • +4 more
see more salary related reviews

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New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Mahindra & Mahindra Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Mahindra & Mahindra in Mumbai?
The average salary of a Business Development Manager at Mahindra & Mahindra in Mumbai typically ranges from ₹9.5 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Business Development Manager in Mumbai at Mahindra & Mahindra earn more than ₹25.8 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Business Development Manager Salaries at Mahindra & Mahindra 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 10 Mahindra & Mahindra employees in India.
What is the estimated take home salary of a Business Development Manager at Mahindra & Mahindra in Mumbai?
The estimated take-home salary of a Business Development Manager at Mahindra & Mahindra in Mumbai typically ranges from ₹1,37,320 to ₹1,42,392 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 3 years to 12 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 10 salaries received from various employees of Mahindra & Mahindra. 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 Mahindra & Mahindra in Mumbai?
To be a Business Development Manager at Mahindra & Mahindra in Mumbai, the key skills required include:

  • - Client Retention
  • - Revenue Generation
  • - Customer Satisfaction
  • - Supervision
  • - After Sales Support

These skills are highly valued at Mahindra & Mahindra and are crucial for successful performance in a Software Engineering role.
What is the salary of a Business Development Manager in companies similar to Mahindra & Mahindra in Mumbai?
The salary of a Business Development Manager at companies similar to Mahindra & Mahindra in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BYJU'S ₹4.5 Lakhs to ₹18.0 Lakhs per year
Oyo Rooms ₹4.8 Lakhs to ₹14.0 Lakhs per year
myGate ₹3.3 Lakhs to ₹10.0 Lakhs per year
HDFC Life ₹1.9 Lakhs to ₹5.0 Lakhs per year
IndusInd Bank ₹2.0 Lakhs to ₹5.0 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 Mahindra & Mahindra in Mumbai?
The salary growth for a Business Development Manager at Mahindra & Mahindra in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Mumbai can expect the following growth trajectory at Mahindra & Mahindra:

Experience Average Salary Range
3 years ₹18.9 Lakhs to ₹24.1 Lakhs per year
4 years ₹18.9 Lakhs to ₹24.1 Lakhs per year
5 years ₹18.9 Lakhs to ₹24.2 Lakhs per year
6 years ₹18.9 Lakhs to ₹24.2 Lakhs per year
and so on.

Tell us how to improve this page.

Mahindra & Mahindra Business Development Manager salary in Mumbai ranges between ₹9.5 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Mahindra & Mahindra latest salaries received from various employees of Mahindra & Mahindra.