Micro Finance Business Development Manager Salaries by Employees (Updated 2025)

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₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 13 Mar 2023

Companies similar to Micro Finance for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Development Manager Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.8 L/yr 29% more
Muthoot Finance Business Development Manager Salary 4 - 9 years exp. (29 salaries)	₹2.8 L/yr - ₹6.3 L/yr 41% more	1 job opening
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Equitas Small Finance Bank Business Development Manager Salary 2 - 12 years exp. (139 salaries)	₹1.8 L/yr - ₹9.2 L/yr 88% more	1 job opening
Jana Small Finance Bank Business Development Manager Salary 0 - 14 years exp. (25 salaries)	₹2.5 L/yr - ₹7 L/yr 18% more
Spandana Sphoorty Financial Business Development Manager Salary 4 - 6 years exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 202% more
Utkarsh Small Finance Bank Business Development Manager Salary 2 - 10 years exp. (4 salaries)	₹2.4 L/yr - ₹3.8 L/yr 5% less
Citicorp Business Development Manager Salary 1 - 11 years exp. (50 salaries)	₹9.3 L/yr - ₹36 L/yr 598% more
American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 106% more
HDFC Sales Business Development Manager Salary 2 - 6 years exp. (12 salaries)	₹2.4 L/yr - ₹4 L/yr 3% more
Axis Direct Business Development Manager Salary 1 - 12 years exp. (8 salaries)	₹4.9 L/yr - ₹9.8 L/yr 127% more
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 566% more	2 job openings
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Cholamandalam Investment & Finance Business Development Manager Salary 4 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 2% less
Aon Business Development Manager Salary 1 - 12 years exp. (4 salaries)	₹5 L/yr - ₹13 L/yr 224% more
TMF Group Business Development Manager Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.8 L/yr 3% less

Business Development Manager salary at Micro Finance ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with 1 year of experience. Salary estimates are based on 1 latest salaries received from various employees of Micro Finance.

Similar Designation salaries in Micro Finance

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Branch Manager Salary

(22 salaries)

₹2.02 L/yr - ₹4 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Relationship Manager Salary

(3 salaries)

₹1.7 L/yr - ₹3.4 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Area Manager Salary

(7 salaries)

₹3.5 L/yr - ₹6.15 L/yr

Sales Executive Salary

(5 salaries)

₹2.5 L/yr - ₹3 L/yr

Salary related reviews for Micro Finance

Risk Manager in Hyderabad / Secunderabad

Finance Department

5.0

• posted on 27 Dec 2017

4.0

for Salary and Benefits

Likes

The company is just a star up organisation so it was direct reporting to the bosses and all the employees are well treated as like as the family members.

Salary - Good

+5 more

Dislikes

Huge deductions in salary and no yearly bonus at all

SQL Database Administrator in Addis Ababa

Engineering - Software & QA Department

3.0

• posted on 24 Jul 2018

3.0

for Salary and Benefits

Likes

I like wasasa Microfinance Institution because of they have career growth and salary appraisal depending on performance of employees. And have travel service.

Job security - Excellent

+4 more

Dislikes

I dislike wasasa Microfinance cannot provide training and Education opportunities.

Skill development - Poor

Assistant General Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 15 Jul 2019

4.0

for Salary and Benefits

Likes

The sector gave me opportunity to bring smiles on the faces of deprived women who are in dire need of money to expand their livelihood. The sector not only helps the women in availing loans but helps them by educating through financial literacy, they tend to save money and invest it wisely. At the end of the day this job gave recognition in the community as their mentor and I feel proud when people express their gratitude for bringing change in their lives.

Salary - Good

+4 more

Dislikes

Many people see this sector as petty money lenders, and think that there are huge profits in the sector. This compels people to start micro finance without really understanding the essence of it. This situation is resulting in mushrooming micro finance organisations and developing unhealthy competition. In some cases the women who fail to repay are exploited in all sorts.

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Micro Finance Business Development Manager Salary FAQs

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

According to AmbitionBox, 100% of the Micro Finance Business Development Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Micro Finance Business Development Manager Salaries

Micro Finance Business Development Manager salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Micro Finance.