Nabard Financial Services Business Development Manager Salaries by 4 Employees

3 - 4 years exp.

₹3 Lakhs - ₹8.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

10% less than the average Business Development Manager Salary in NBFC Companies for 3 - 4 years of experience

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Last Updated: 14 Dec 2024

Companies similar to Nabard Financial Services for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Ugro Capital Business Development Manager Salary 0 - 11 years exp. (113 salaries)	₹2.8 L/yr - ₹9 L/yr 20% less
IIFL Finance Business Development Manager Salary 0 - 10 years exp. (44 salaries)	₹1.9 L/yr - ₹8 L/yr 33% less
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Ess Kay Fincorp Business Development Manager Salary 4 - 10 years exp. (40 salaries)	₹2.5 L/yr - ₹5.5 L/yr 42% less
Muthoot Finance Business Development Manager Salary 4 - 10 years exp. (40 salaries)	₹2.4 L/yr - ₹6.3 L/yr 37% less	1 job opening
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (36 salaries)	₹2 L/yr - ₹4.3 L/yr 58% less
MAS Financial Services Business Development Manager Salary 7 - 23 years exp. (26 salaries)	₹4.2 L/yr - ₹13 L/yr 22% more
Mahindra Finance Business Development Manager Salary 2 - 8 years exp. (21 salaries)	₹2.3 L/yr - ₹10.2 L/yr 17% less
Capri Global Capital Business Development Manager Salary 0 - 12 years exp. (19 salaries)	₹2.5 L/yr - ₹5 L/yr 48% less	8 job openings
Sundaram Finance Business Development Manager Salary 4 - 10 years exp. (13 salaries)	₹4.8 L/yr - ₹11 L/yr 3% less
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 35% more
Sammaan Capital Limited Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 42% less
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Poonawalla Fincorp Business Development Manager Salary 3 - 16 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr 58% more
LIC Housing Finance Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 47% more
PNB Housing Finance Business Development Manager Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 30% more
Electronica Finance Business Development Manager Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.2 L/yr 46% less
Sundaram Home Finance Business Development Manager Salary 3 - 17 years exp. (5 salaries)	₹3.4 L/yr - ₹6.1 L/yr 34% less
Paul Merchants Business Development Manager Salary 6 - 15 years exp. (4 salaries)	₹2.1 L/yr - ₹8 L/yr 30% less
Kogta Financial India Limited Business Development Manager Salary 5 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹5.9 L/yr 29% less
Aavas Financiers Business Development Manager Salary 2 - 13 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr 34% less
IKF Finance Business Development Manager Salary 2 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹2.3 L/yr 70% less

Business Development Manager salary at Nabard Financial Services ranges between ₹3 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Nabard Financial Services.

Experience wise Nabard Financial Services Business Development Manager salaries

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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4 years (3 salaries)	₹3 L/yr - ₹8.5 L/yr

Similar Designation salaries in Nabard Financial Services

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Regional Manager Salary

(18 salaries)

₹4.6 L/yr - ₹10.5 L/yr

Branch Manager Salary

(21 salaries)

₹3 L/yr - ₹7 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Senior Sales Executive Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Sales Officer Salary

(3 salaries)

₹2.4 L/yr - ₹2.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Salary related reviews for Nabard Financial Services

1.0

Rated by 1 employees for salary & benefits

Customer Service Officer in Vaikom

Full Time

Marketing & Communication Department

3.0

• posted on 03 Nov 2023

5.0

for Salary and Benefits

Likes

Salary and other benefits are much better than other companies

Salary - Excellent

+2 more

Dislikes

* if there is any problem Discuss with the lower level employee or concern employee what the problem is,and take action. * It department and softwere need to improve * need to improve qr facility and online payment

Job security - Bad

+1 more

Branch Head in Nagpur

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 30 Nov 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. Plus point is that my colleague come from various cultural backgrounds, and we work happily in collaboration.

Salary - Good

+6 more

Dislikes

Compensation is decent but growth is slow.

Branch Head in Kolhapur

Contractual

Customer Success, Service & Operations Department

3.0

• posted on 24 Nov 2023

4.0

for Salary and Benefits

Likes

Salary & Other Staff Benifits are best.

Salary - Good

Dislikes

Don't Work in Kolhapur Region, Maharashtra. Regional Manager & Cluster Manager every time force to staff for working in holiday. They are force for work late night. Other wise they are force for resignation. Very third class language using for staff. Humanity not available. HR Not Supported. In current year total 7 Branch Manager, 5 ABM & 9 to 10 Field Staff resigned.

Skill development - Bad

+5 more

Customer Service Officer in Buguda

Finance & Accounting Department

5.0

• posted on 30 May 2022

5.0

for Salary and Benefits

Likes

Talk about job security, work culture. Management,

Salary - Excellent

+6 more

Dislikes

Three is a lot of politics and the management doesn't address our issues,. Salary is decent but career growth is slow. There is a bond of 2 years after which you cannot resign. On the job training is not given to new joinees.

Manager in Bangalore / Bengaluru

Sales & Operations Department

1.0

• posted on 18 Jun 2021

1.0

for Salary and Benefits

Likes

Pays more salary than non-registered and fraudulent MFIs

Dislikes

Pays one of the lowest salaries in the industry. No scope of growth for any position. No ownership of management towards growth of employees or organizations. Management is from NABARD and considers non NABARDIAN staffs as charity employment. Needs multiple changes in its structure and intent and then would become an unstoppable force.

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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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Nabard Financial Services Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Nabard Financial Services ?

The average salary of a Business Development Manager at Nabard Financial Services in India typically ranges from ₹3.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Business Development Manager at Nabard Financial Services earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Business Development Manager Salaries at Nabard Financial Services 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 4 Nabard Financial Services employees in India.

What is the estimated take home salary of a Business Development Manager at Nabard Financial Services in India?

The estimated take-home salary of a Business Development Manager at Nabard Financial Services in India typically ranges from ₹51,804 to ₹53,025 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 3 years to 4 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 4 salaries received from various employees of Nabard Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Nabard Financial Services for Business Development Manager in India?

Poonawalla Fincorp	₹10.0 Lakhs to ₹12.0 Lakhs per year
LIC Housing Finance	₹4.8 Lakhs to ₹12.0 Lakhs per year
L&T Finance	₹8.1 Lakhs to ₹13.4 Lakhs per year
PNB Housing Finance	₹7.0 Lakhs to ₹12.0 Lakhs per year
MAS Financial Services	₹4.2 Lakhs to ₹13.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Nabard Financial Services, depending on the role and experience level.

What is the salary of a Business Development Manager in companies similar to Nabard Financial Services in India?

The salary of a Business Development Manager at companies similar to Nabard Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sundaram Finance	₹4.8 Lakhs to ₹11.0 Lakhs per year
Mahindra Finance	₹2.3 Lakhs to ₹10.2 Lakhs per year
Ugro Capital	₹2.8 Lakhs to ₹9.0 Lakhs per year
Kogta Financial India Limited	₹4.4 Lakhs to ₹5.9 Lakhs per year
Paul Merchants	₹2.1 Lakhs to ₹8.0 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 Nabard Financial Services in India?

The salary growth for a Business Development Manager at Nabard Financial Services depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Nabard Financial Services:

Experience	Average Salary Range
3 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
4 years	₹3.0 Lakhs to ₹8.5 Lakhs per year

and so on.

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Nabard Financial Services Business Development Manager Salaries

Nabard Financial Services Business Development Manager salary in India ranges between ₹3 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Nabard Financial Services latest salaries received from various employees of Nabard Financial Services.