Sundaram Finance Senior Business Development Manager Salaries by 5 Employees

7 - 12 years exp.

₹8 Lakhs - ₹15.6 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Senior Business Development Manager Salary in NBFC Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Business Development Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.1 L/yr
Finance & Accounting Senior Business Development Manager Salary 7 years exp. (AmbitionBox Estimate)	₹13.7 L/yr - ₹16.8 L/yr
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Sales & Business Development Senior Business Development Manager Salary 12 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Sundaram Finance for Senior Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Senior Business Development Manager Salary 2 - 14 years exp. (18 salaries)	₹2.4 L/yr - ₹4.5 L/yr 66% less
Ugro Capital Senior Business Development Manager Salary 7 - 18 years exp. (7 salaries)	₹10.5 L/yr - ₹14.6 L/yr 9% more
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IIFL Finance Senior Business Development Manager Salary 10 - 14 years exp. (5 salaries)	₹5.8 L/yr - ₹14 L/yr 19% less
Electronica Finance Senior Business Development Manager Salary 2 - 8 years exp. (5 salaries)	₹3.6 L/yr - ₹4.7 L/yr 56% less
Mahindra Finance Senior Business Development Manager Salary 8 - 20 years exp. (3 salaries)	₹15 L/yr - ₹36 L/yr 108% more
L&T Finance Senior Business Development Manager Salary 3 years exp. (3 salaries)	₹4.7 L/yr - ₹8.7 L/yr 36% less

Senior Business Development Manager salary at Sundaram Finance ranges between ₹8 Lakhs to ₹15.6 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Sundaram Finance.

Experience wise Sundaram Finance Senior Business Development Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
8 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
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9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.9 L/yr
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

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Similar Designation salaries in Sundaram Finance

Business Development Manager Salary

(13 salaries)

₹4.75 L/yr - ₹11 L/yr

Senior Business Development Executive Salary

(3 salaries)

₹10.4 L/yr - ₹14.3 L/yr

Business Development Associate Salary

(10 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Business Development Executive Salary

(11 salaries)

₹3 L/yr - ₹7 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Regional Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Zonal Sales Manager Salary

(AmbitionBox Estimate)

₹16.7 L/yr - ₹21.3 L/yr

Assistant Sales Manager Salary

(6 salaries)

₹3.15 L/yr - ₹8.5 L/yr

Salary related reviews for Sundaram Finance

Territory Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

The thing which I liked is lost, the USP of Sundaram is gone, no value for talent, only favourism works here. The atmosphere has worsened in the last 4 years and is going to be worse in the coming days too.

Job security - Good

+1 more

Dislikes

Favourism, no value of talent, no motivations, very late promotions and miniscule salary hikes

Salary - Poor

+3 more

Deputy Manager in Jaipur

Full Time

Finance & Accounting Department

3.0

• posted on 03 May 2023

2.0

for Salary and Benefits

Likes

Job security, family based environment and sundaram values that existed in past.

Job security - Good

Dislikes

Transfer to other deparments without discussion, slow promotions, Employee unfriendly salary structures, NO time for family.

Salary - Poor

+2 more

Deputy Manager in Chennai

Full Time

Credit Operation Department

5.0

• posted on 05 Apr 2022

3.0

for Salary and Benefits

Likes

...ds on how one takes advantage of the same. Support from management for learning. Not big on compensation for middle level employees.

Skill development - Excellent

+5 more

Dislikes

Appraisal and compensation.

Sales Executive in Solapur

Sales & Business Development Department

5.0

• posted on 08 Feb 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Deputy Manager in Chennai

Finance & Accounting Department

5.0

• posted on 31 Oct 2019

3.0

for Salary and Benefits

Likes

This is like a gurukulam where we can learn end to end process in accounting. Give lot of exposures from bottom to top. Employee are not just colleguge they will be like a family member.

Skill development - Excellent

+5 more

Dislikes

Slow growth in terms of compensation.

see more salary related reviews

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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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Sundaram Finance Senior Business Development Manager Salary FAQs

What is the salary of Senior Business Development Manager at Sundaram Finance ?

The average salary of a Senior Business Development Manager at Sundaram Finance in India typically ranges from ₹8.0 Lakhs to ₹15.6 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Senior Business Development Manager at Sundaram Finance earn more than ₹15.6 Lakhs per year, and the top 1% earn over ₹15.6 Lakhs per year. Senior Business Development Manager Salaries at Sundaram Finance 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 5 Sundaram Finance employees in India.

What is the estimated take home salary of a Senior Business Development Manager at Sundaram Finance in India?

The estimated take-home salary of a Senior Business Development Manager at Sundaram Finance in India typically ranges from ₹75,858 to ₹77,823 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹15.6 Lakhs per year for employees with experience ranging from 7 years to 12 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 5 salaries received from various employees of Sundaram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Sundaram Finance for Senior Business Development Manager in India?

Mahindra Finance	₹15.0 Lakhs to ₹36.0 Lakhs per year
Ugro Capital	₹10.5 Lakhs to ₹14.6 Lakhs per year

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

What is the salary of a Senior Business Development Manager in companies similar to Sundaram Finance in India?

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

IIFL Finance	₹5.8 Lakhs to ₹14.0 Lakhs per year
L&T Finance	₹4.7 Lakhs to ₹8.7 Lakhs per year
Electronica Finance	₹3.6 Lakhs to ₹4.7 Lakhs per year
Shriram Finance	₹2.4 Lakhs to ₹4.5 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 Senior Business Development Manager at Sundaram Finance in India?

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

Experience	Average Salary Range
7 years	₹12.8 Lakhs to ₹16.3 Lakhs per year
8 years	₹11.4 Lakhs to ₹14.5 Lakhs per year
9 years	₹9.9 Lakhs to ₹12.7 Lakhs per year
10 years	₹8.5 Lakhs to ₹10.9 Lakhs per year

and so on.

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Sundaram Finance Senior Business Development Manager Salaries

Sundaram Finance Senior Business Development Manager salary in India ranges between ₹8 Lakhs to ₹15.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Sundaram Finance latest salaries received from various employees of Sundaram Finance.