Mahindra Finance Business Development Officer Salaries by 4 Employees (Updated 2025)

0 - 4 years exp.

₹2.5 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

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23% less than the average Business Development Officer Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Officer Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.1 L/yr
Data Science & Analytics Business Development Officer Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹2.3 L/yr - ₹2.8 L/yr
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Finance & Accounting Business Development Officer Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr
Sales & Business Development Business Development Officer Salary Fresher (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 18 Mar 2024

Companies similar to Mahindra Finance for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Development Officer Salary 1 - 7 years exp. (5 salaries)	Unlock ₹2.2 L/yr - ₹3.5 L/yr At par
HDFC Bank Business Development Officer Salary 0 - 6 years exp. (184 salaries)	Unlock ₹1.2 L/yr - ₹3.9 L/yr 14% less
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Shriram Finance Business Development Officer Salary 3 - 5 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹2.4 L/yr 21% less
Muthoot Finance Business Development Officer Salary 0 - 8 years exp. (70 salaries)	Unlock ₹1.6 L/yr - ₹4 L/yr 14% less
Aditya Birla Capital Business Development Officer Salary 1 - 6 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹3.8 L/yr 1% more
CreditAccess Grameen Business Development Officer Salary 0 - 5 years exp. (40 salaries)	Unlock ₹1.3 L/yr - ₹2.9 L/yr 28% less
Muthoot Fincorp Business Development Officer Salary 0 - 3 years exp. (19 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 8% less	8 job openings
Sundaram Finance Business Development Officer Salary 2 - 6 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4.8 L/yr 34% more
IIFL Finance Business Development Officer Salary 1 - 2 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹4 L/yr 2% more
Kotak Mahindra Prime Business Development Officer Salary 0 - 2 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹2.7 L/yr 17% less
Aavas Financiers Business Development Officer Salary 3 - 6 years exp. (3 salaries)	Unlock ₹2.4 L/yr - ₹3.8 L/yr 18% more
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Business Development Officer salary at Mahindra Finance ranges between ₹2.5 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance.

Experience wise Mahindra Finance Business Development Officer salaries

Last Updated: 18 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹5.1 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.1 L/yr - ₹2.8 L/yr

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Top skills at Mahindra Finance for Business Development Officer

Sales Executive Activities Personal Loans Business Development Auto Loans

Salary related reviews for Mahindra Finance

5.0

Rated by 1 employees for salary & benefits

Area Business Manager in Hyderabad / Secunderabad

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.

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.

Area Business Manager in Kanpur

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

Salary - Poor

+2 more

Deputy Manager in Mumbai

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.

Salary - Excellent

+6 more

Dislikes

So far no issues.

Area Business Manager in Lucknow

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

Skill development - Poor

+3 more

Area Business Manager in Pondicherry / Puducherry

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

Salary - Excellent

+5 more

Dislikes

Work life balance

Work-life balance - Poor

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Mahindra Finance Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Mahindra Finance?

Business Development Officer salary at Mahindra Finance in India ranges between ₹2.5 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 23% less than the average Business Development Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mahindra Finance India.

How does the salary of a Business Development Officer at Mahindra Finance India compare with the average salary range for this job?

The average salary of a Business Development Officer at Mahindra Finance is 23% less than the average salary of a Business Development Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Officer at Mahindra Finance?

Sales Executive Activities, Personal Loans, Business Development and Auto Loans are some of the popular skills required to work as a Business Development Officer at Mahindra Finance India.

Which similar companies are paying more than Mahindra Finance to a Business Development Officer in India?

Sundaram Finance Business Development Officer Salary - ₹3.0 Lakhs to ₹4.8 Lakhs per year
Aavas Financiers Business Development Officer Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
IIFL Finance Business Development Officer Salary - ₹2.7 Lakhs to ₹4.0 Lakhs per year
Aditya Birla Capital Business Development Officer Salary - ₹2.3 Lakhs to ₹3.8 Lakhs per year
Bajaj Finance Business Development Officer Salary - ₹2.2 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Business Development Officer in companies similar to Mahindra Finance in India?

Muthoot Fincorp Business Development Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
HDFC Bank Business Development Officer Salary - ₹1.2 Lakhs to ₹3.9 Lakhs per year
Muthoot Finance Business Development Officer Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Prime Business Development Officer Salary - ₹2.0 Lakhs to ₹2.7 Lakhs per year
Shriram Finance Business Development Officer Salary - ₹2.0 Lakhs to ₹2.4 Lakhs per year

What is the estimated take home salary of a Business Development Officer at Mahindra Finance in India?

The estimated take-home salary of a Business Development Officer at Mahindra Finance ranges between ₹20,106 per month to ₹21,768 per month in India. The take-home salary calculation is based on the average Mahindra Finance Business Development Officer salary in India which ranges between ₹2.5 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

What is the notice period for Business Development Officer at Mahindra Finance?

According to AmbitionBox, 33% of the Mahindra Finance Business Development Officers reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Mahindra Finance Business Development Officer Salaries

Mahindra Finance Business Development Officer salary in India ranges between ₹2.5 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mahindra Finance latest salaries received from various employees of Mahindra Finance.