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Peerless Financial Products Distribution

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3.7

based on 44 Reviews

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Peerless Financial Products Distribution Business Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 15 years exp.
₹3.8 Lakhs - ₹6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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41% less than the average Business Development Manager Salary in Insurance Companies for 0 - 15 years of experience

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Last Updated: 21 Feb 2025

Companies similar to Peerless Financial Products Distribution for Business Development Manager

Company name Avg Annual Salary Open Jobs
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SBI Life Insurance Company Business Development Manager Salary

0 - 14 years exp. (941 salaries)
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₹1.9 L/yr - ₹7 L/yr

arrow icon 9% more
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Bajaj Allianz Life Insurance Business Development Manager Salary

1 - 10 years exp. (135 salaries)
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₹3 L/yr - ₹6 L/yr

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 3 job openings
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Tata AIA Life Insurance Business Development Manager Salary

1 - 12 years exp. (30 salaries)
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₹2 L/yr - ₹7 L/yr

arrow icon 13% less
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Europ Assistance India Business Development Manager Salary

14 - 16 years exp. (6 salaries)
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₹22.5 L/yr - ₹26 L/yr

arrow icon 449% more
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Robinhood Insurance Broker Business Development Manager Salary

5 - 19 years exp. (5 salaries)
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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 17% less
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Aditya Birla Insurance Brokers Business Development Manager Salary

5 - 18 years exp. (4 salaries)
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₹3.5 L/yr - ₹4.9 L/yr

arrow icon 8% less
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Gallagher Business Development Manager Salary

4 - 14 years exp. (3 salaries)
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₹10 L/yr - ₹10.8 L/yr

arrow icon 130% more
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Easypolicy.com Business Development Manager Salary

0 - 4 years exp. (3 salaries)
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₹1.7 L/yr - ₹2.7 L/yr

arrow icon 55% less
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Health India Tpa Services Business Development Manager Salary

10 - 12 years exp. (3 salaries)
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₹3 L/yr - ₹11.1 L/yr

arrow icon 41% more
Business Development Manager salary at Peerless Financial Products Distribution ranges between ₹3.8 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Peerless Financial Products Distribution.

Latest annual salaries shared by Peerless Financial Products Distribution Business Development Manager

2d ago
₹4 Lakhs
15 years exp.
4mo ago
₹6 Lakhs
11 years exp.
11mo ago
₹4.1 Lakhs
9 years exp.
1y ago
₹3.8 Lakhs
4 months exp.

Experience wise Peerless Financial Products Distribution Business Development Manager salaries

Last Updated: 21 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
11 years (AmbitionBox Estimate)

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₹5.4 L/yr - ₹6.9 L/yr
15+ years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Peerless Financial Products Distribution

Deputy Manager Salary
(AmbitionBox Estimate)
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₹3.5 L/yr - ₹4.5 L/yr
Branch Manager Salary
(13 salaries)
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₹4.6 L/yr - ₹8 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr
Sales Manager Salary
(4 salaries)
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₹2.6 L/yr - ₹3.2 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹1.5 L/yr - ₹2 L/yr

Top skills at Peerless Financial Products Distribution for Business Development Manager

CVS Retail Sales Sales CRM Branch Operations Business Development Civil Engineering Lead Generation Third Party Inspection Supervision Salesforce Sensors SFDC CCTV Monitoring Corba

Salary related reviews for Peerless Financial Products Distribution

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  •  posted on 03 Oct 2024
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Likes

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Dislikes

The management does not provide the holiday as per company rules. The company providing commission & extra benefit only for manager's. CRO is a part of casual labour, they are only a joker in the organization.

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  •  posted on 24 Jun 2020
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4.0
  •  posted on 29 Jul 2019
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 for  Salary and Benefits

Likes

Good experience in last 4 and half years. People are so careing. But job profile change day by day due need of organization. Some time it's can be effect in works load for extra work.

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Dislikes

Major problem not issues, but sometimes when change responsibilities it can't be exceptable for me. Because my job profile is operational but need of urgency organization pressure to sales.

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3.0
  •  posted on 05 Mar 2019
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 for  Salary and Benefits

Likes

Cool job.

  • Work satisfaction - Good
    • +2 more

Dislikes

Customers believe the peer less closed some co companies closed but PFPDL working.Many agents there but limited agents give the policies.Peer less isn't principal company only national taiup of principal companies.

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Peerless Financial Products Distribution Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Peerless Financial Products Distribution ?
The average salary of a Business Development Manager at Peerless Financial Products Distribution in India typically ranges from ₹3.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Business Development Manager at Peerless Financial Products Distribution earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Business Development Manager Salaries at Peerless Financial Products Distribution 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 Peerless Financial Products Distribution employees in India.
What is the estimated take home salary of a Business Development Manager at Peerless Financial Products Distribution in India?
The estimated take-home salary of a Business Development Manager at Peerless Financial Products Distribution in India typically ranges from ₹33,306 to ₹34,571 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 15 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 Peerless Financial Products Distribution. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at Peerless Financial Products Distribution ?
To be a Business Development Manager at Peerless Financial Products Distribution in india, the key skills required include:

  • - CVS
  • - Retail Sales
  • - Sales
  • - CRM
  • - Branch Operations

These skills are highly valued at Peerless Financial Products Distribution and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Peerless Financial Products Distribution for Business Development Manager in India?
Europ Assistance India ₹22.5 Lakhs to ₹26.0 Lakhs per year
Gallagher ₹10.0 Lakhs to ₹10.8 Lakhs per year
Health India Tpa Services ₹3.0 Lakhs to ₹11.1 Lakhs per year
SBI Life Insurance Company ₹1.9 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Peerless Financial Products Distribution, depending on the role and experience level.
What is the salary of a Business Development Manager in companies similar to Peerless Financial Products Distribution in India?
The salary of a Business Development Manager at companies similar to Peerless Financial Products Distribution in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Allianz Life Insurance ₹3.0 Lakhs to ₹6.0 Lakhs per year
Aditya Birla Insurance Brokers ₹3.5 Lakhs to ₹4.9 Lakhs per year
Tata AIA Life Insurance ₹2.0 Lakhs to ₹7.0 Lakhs per year
Robinhood Insurance Broker ₹3.5 Lakhs to ₹4.5 Lakhs per year
Easypolicy.com ₹1.7 Lakhs to ₹2.7 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 Peerless Financial Products Distribution in India?
The salary growth for a Business Development Manager at Peerless Financial Products Distribution depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Peerless Financial Products Distribution:

Experience Average Salary Range
Fresher ₹3.4 Lakhs to ₹4.3 Lakhs per year
9 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
11 years ₹5.4 Lakhs to ₹6.9 Lakhs per year
15 years ₹3.6 Lakhs to ₹4.6 Lakhs per year
and so on.

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Peerless Financial Products Distribution Business Development Manager Salaries by Location

Peerless Financial Products Distribution Business Development Manager salary in India ranges between ₹3.8 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Peerless Financial Products Distribution latest salaries received from various employees of Peerless Financial Products Distribution.