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Mahindra Finance

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Mahindra Finance Business Development Manager salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹2.3 Lakhs - ₹9.7 Lakhs
Salary of majority employees
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31% less than the average Business Development Manager Salary in NBFC Companies for 1 - 8 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Manager Salary
2 - 7 years exp. (9 salaries)
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₹8.6 L/yr - ₹13 L/yr

Finance & Accounting
Business Development Manager Salary
1 - 8 years exp. (8 salaries)
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₹2.7 L/yr - ₹4.9 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
2 - 4 years exp. (3 salaries)
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₹2.3 L/yr - ₹4 L/yr

Last Updated: 27 Feb 2025

Companies similar to Mahindra Finance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 24% less
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HDFC Bank Business Development Manager Salary

1 - 13 years exp. (125 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 9% more
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₹2 L/yr - ₹3.8 L/yr

arrow icon 44% less
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₹8.1 L/yr - ₹13.4 L/yr

arrow icon 76% more
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₹1.9 L/yr - ₹6 L/yr

arrow icon 42% less
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₹2.8 L/yr - ₹6.3 L/yr

arrow icon 16% less
1 job opening
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₹3.4 L/yr - ₹7.5 L/yr

arrow icon 13% less
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₹3.2 L/yr - ₹3.9 L/yr

arrow icon 31% less
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Edelweiss Business Development Manager Salary

1 - 13 years exp. (15 salaries)

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₹2.5 L/yr - ₹7.6 L/yr

arrow icon 32% less
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₹3 L/yr - ₹6.5 L/yr

arrow icon 25% less
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₹2.6 L/yr - ₹5.8 L/yr

arrow icon 26% less
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₹1.9 L/yr - ₹8 L/yr

arrow icon 16% less
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₹2.5 L/yr - ₹5 L/yr

arrow icon 29% less
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₹2.2 L/yr - ₹4.8 L/yr

arrow icon 37% less
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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 52% less
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₹4.8 L/yr - ₹11 L/yr

arrow icon 27% more
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₹2.5 L/yr - ₹4 L/yr

arrow icon 40% less
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₹10 L/yr - ₹12 L/yr

arrow icon 105% more
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₹7 L/yr - ₹12 L/yr

arrow icon 69% more
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₹6 L/yr - ₹15 L/yr

arrow icon 103% more
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Business Development Manager salary at Mahindra Finance ranges between ₹2.3 Lakhs to ₹9.7 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 22 latest salaries received from various employees of Mahindra Finance.

Latest annual salaries shared by Mahindra Finance Business Development Manager

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Experience wise Mahindra Finance Business Development Manager salaries

Last Updated: 27 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4.3 L/yr - ₹8.5 L/yr
2 years  (4 salaries)

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₹3.2 L/yr - ₹8.5 L/yr
3 years  (5 salaries)

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₹2.3 L/yr - ₹9 L/yr
4 years  (3 salaries)

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₹2.4 L/yr - ₹9.3 L/yr
5 years  (4 salaries)

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₹2.7 L/yr - ₹9.5 L/yr
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Similar Designation salaries in Mahindra Finance

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₹15 L/yr - ₹36 L/yr
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₹2.09 L/yr - ₹3.5 L/yr
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₹1.6 L/yr - ₹6.5 L/yr
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₹2.5 L/yr - ₹10.75 L/yr
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₹30 L/yr - ₹58 L/yr
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₹3.65 L/yr - ₹8.75 L/yr
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₹2.6 L/yr - ₹4.7 L/yr
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₹3.15 L/yr - ₹10.5 L/yr
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₹4.2 L/yr - ₹16.35 L/yr
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₹8 L/yr - ₹14 L/yr

Top skills at Mahindra Finance for Business Development Manager

Relationship Management Business Development Leasing Customer Acquisition Team Management Construction Equipment Commercial Vehicle hcv Customer Satisfaction SME Business Development Management Market Intelligence Project Management Customer Relationship Operations

Salary related reviews for Mahindra Finance

4.6

Rated by 7 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 27 Dec 2024

5.0
 for  Salary and Benefits

Likes

We get salary timely without any delay. This is the only good thing about this company.

read more
  • Salary - Excellent
  • +5 more

Dislikes

No hybrid work culture, no work life balance (depends on your manager), as per policy only 3rd Saturday off but that too company can withdraw it at any moment. Incentive policies are critical to achieve RBMIs. Every month is March closing. Every month last Sunday is normal working day.

read more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 07 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary on time Culture

  • Promotions - Good
  • +1 more

Dislikes

Work Life Balance no time for family or personal Timing for morning and no timing for working at night Extra works on holiday or off day IT system related issues High demands with Lowest System support

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 29 Oct 2024

5.0
 for  Salary and Benefits

Likes

...nt is preety good here. Ambience, work desk , cafeteria everything is top notch. Even the salary gets credited 2-3 days before the month ends.

read more
  • Salary - Excellent
  • +6 more

Dislikes

So far no issues.

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 27 Jan 2024

4.0
 for  Salary and Benefits

Likes

Job security Not much of work load Salary and incentives are good

  • Salary - Good
  • +1 more

Dislikes

Lots of work pressure Unrealistic targets and undue pressure to achieve Partiality to get growth Partiality from top management for growth in position Uneducated and incapable top management are placed and they put undue pressure to down the line staff Top management puts entire workload on Staff even daily reports are to be prepared by someone in team

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  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 09 May 2021

5.0
 for  Salary and Benefits

Likes

The company is good company where you can learn about business and collection. Employees are friendly and you will get good salary and hike. Only problem is work life balance which you can't handle well when you work in MMFSL

read more
  • Salary - Excellent
  • +5 more

Dislikes

Work life balance

  • Work-life balance - Poor
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Mahindra Finance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Mahindra Finance?
Business Development Manager salary at Mahindra Finance in India ranges between ₹2.3 Lakhs to ₹9.7 Lakhs for experience between 1 years to 8 years. According to our estimates it is 31% less than the average Business Development Manager Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Mahindra Finance India.
How does the salary of a Business Development Manager at Mahindra Finance India compare with the average salary range for this job?
The average salary of a Business Development Manager at Mahindra Finance is 31% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Manager at Mahindra Finance?
Relationship Management, Business Development, Leasing, Customer Acquisition and Team Management are some of the popular skills required to work as a Business Development Manager at Mahindra Finance India.
Which similar companies are paying more than Mahindra Finance to a Business Development Manager in India?
  • Poonawalla Fincorp Business Development Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
  • TVS Credit Business Development Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
  • Spandana Sphoorty Financial Business Development Manager Salary - ₹8.0 Lakhs to ₹10.0 Lakhs per year
  • L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year
  • PNB Housing Finance Business Development Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Mahindra Finance in India?
  • Sundaram Finance Business Development Manager Salary - ₹4.8 Lakhs to ₹11.0 Lakhs per year
  • Bharat Financial Inclusion Business Development Manager Salary - ₹1.0 Lakhs to ₹15.2 Lakhs per year
  • HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
  • Aditya Birla Capital Business Development Manager Salary - ₹3.4 Lakhs to ₹7.5 Lakhs per year
  • Aavas Financiers Business Development Manager Salary - ₹1.9 Lakhs to ₹7.0 Lakhs per year
What is the estimated take home salary of a Business Development Manager at Mahindra Finance in India?
The estimated take-home salary of a Business Development Manager at Mahindra Finance ranges between ₹39,340 per month to ₹40,515 per month in India. The take-home salary calculation is based on the average Mahindra Finance Business Development Manager salary in India which ranges between ₹2.3 Lakhs to ₹9.7 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at Mahindra Finance?
According to AmbitionBox, 63% of the Mahindra Finance Business Development Managers reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Mahindra Finance Business Development Manager salary in India ranges between ₹2.3 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 22 Mahindra Finance latest salaries received from various employees of Mahindra Finance.