Nabard Financial Services Business Development Manager Salaries by 4 Employees (Updated 2025)

3 - 4 years exp.

₹3 Lakhs - ₹8.5 Lakhs

Low Confidence

Salary of majority employees

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
HDFC Bank Business Development Manager Salary 1 - 13 years exp. (125 salaries)	₹2 L/yr - ₹10 L/yr 16% less
ICICI Bank Business Development Manager Salary 1 - 10 years exp. (109 salaries)	₹2.1 L/yr - ₹8.9 L/yr 16% less
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Axis Bank Business Development Manager Salary 0 - 10 years exp. (125 salaries)	₹1.4 L/yr - ₹7 L/yr 38% less
Kotak Mahindra Bank Business Development Manager Salary 1 - 10 years exp. (46 salaries)	₹1.5 L/yr - ₹8 L/yr 35% less
Bajaj Finance Business Development Manager Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.8 L/yr 41% less
State Bank of India Business Development Manager Salary 3 - 9 years exp. (12 salaries)	₹2 L/yr - ₹6 L/yr 38% less
Sammaan Capital Limited Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 42% less
LIC Housing Finance Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 47% more
Tata Capital Business Development Manager Salary 2 - 5 years exp. (5 salaries)	₹5.5 L/yr - ₹15.5 L/yr 72% more
Ugro Capital Business Development Manager Salary 0 - 11 years exp. (110 salaries)	₹2.4 L/yr - ₹9.5 L/yr 24% less	1 job opening
IIFL Finance Business Development Manager Salary 0 - 10 years exp. (45 salaries)	₹1.9 L/yr - ₹8 L/yr 35% 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
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (31 salaries)	₹2 L/yr - ₹3.8 L/yr 57% less
Muthoot Finance Business Development Manager Salary 4 - 9 years exp. (29 salaries)	₹2.8 L/yr - ₹6.3 L/yr 36% less	1 job opening
Mahindra Finance Business Development Manager Salary 1 - 8 years exp. (22 salaries)	₹2.3 L/yr - ₹9.7 L/yr 23% less
MAS Financial Services Business Development Manager Salary 10 - 18 years exp. (25 salaries)	₹5 L/yr - ₹16 L/yr 48% more	1 job opening
Capri Global Capital Business Development Manager Salary 0 - 12 years exp. (19 salaries)	₹2.5 L/yr - ₹5 L/yr 45% less
Sundaram Finance Business Development Manager Salary 4 - 10 years exp. (13 salaries)	₹4.8 L/yr - ₹11 L/yr 2% less
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 35% more
Poonawalla Fincorp Business Development Manager Salary 3 - 16 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr 58% more

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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

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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Nabard Financial Services Business Development Manager Salary FAQs

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

Business Development Manager salary at Nabard Financial Services in India ranges between ₹3.0 Lakhs to ₹8.5 Lakhs for experience between 3 years to 4 years. According to our estimates it is 10% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Nabard Financial Services India.

How does the salary of a Business Development Manager at Nabard Financial Services India compare with the average salary range for this job?

The average salary of a Business Development Manager at Nabard Financial Services is 10% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Nabard Financial Services to a Business Development Manager in India?

Tata Capital Business Development Manager Salary - ₹5.5 Lakhs to ₹15.5 Lakhs per year
Poonawalla Fincorp Business Development Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
MAS Financial Services Business Development Manager Salary - ₹5.0 Lakhs to ₹16.0 Lakhs per year
LIC Housing Finance Business Development Manager Salary - ₹4.8 Lakhs to ₹12.0 Lakhs per year
L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year

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

PNB Housing Finance Business Development Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
Sundaram Finance Business Development Manager Salary - ₹4.8 Lakhs to ₹11.0 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.1 Lakhs to ₹8.9 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
Mahindra Finance Business Development Manager Salary - ₹2.3 Lakhs to ₹9.7 Lakhs per year

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 ranges between ₹51,804 per month to ₹53,025 per month in India. The take-home salary calculation is based on the average Nabard Financial Services Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Nabard Financial Services?

According to AmbitionBox, 50% of the Nabard Financial Services Business Development Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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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.