Sundaram Home Finance Business Development Manager Salaries by 5 Employees

3 - 17 years exp.

₹3.4 Lakhs - ₹6.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Business Development Manager Salary in NBFC Companies for 3 - 17 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Sundaram Home Finance 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% more
IIFL Finance Business Development Manager Salary 0 - 10 years exp. (44 salaries)	₹1.9 L/yr - ₹8 L/yr 1% more
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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 12% less
Muthoot Finance Business Development Manager Salary 4 - 10 years exp. (40 salaries)	₹2.4 L/yr - ₹6.3 L/yr 5% less	1 job opening
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (36 salaries)	₹2 L/yr - ₹4.3 L/yr 37% less
MAS Financial Services Business Development Manager Salary 7 - 23 years exp. (26 salaries)	₹4.2 L/yr - ₹13 L/yr 84% more
Mahindra Finance Business Development Manager Salary 2 - 8 years exp. (21 salaries)	₹2.3 L/yr - ₹10.2 L/yr 25% more
Capri Global Capital Business Development Manager Salary 0 - 12 years exp. (19 salaries)	₹2.5 L/yr - ₹5 L/yr 22% less	8 job openings
Sundaram Finance Business Development Manager Salary 4 - 10 years exp. (13 salaries)	₹4.8 L/yr - ₹11 L/yr 47% more
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 104% more
Sammaan Capital Limited Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 13% less
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Poonawalla Fincorp Business Development Manager Salary 3 - 16 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr 138% more
LIC Housing Finance Business Development Manager Salary 4 - 15 years exp. (5 salaries)	₹4.8 L/yr - ₹12 L/yr 122% more
PNB Housing Finance Business Development Manager Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹12 L/yr 96% more
Electronica Finance Business Development Manager Salary 2 - 6 years exp. (5 salaries)	₹3.5 L/yr - ₹4.2 L/yr 19% less
Nabard Financial Services Business Development Manager Salary 3 - 4 years exp. (4 salaries)	₹3 L/yr - ₹8.5 L/yr 51% more
Paul Merchants Business Development Manager Salary 6 - 15 years exp. (4 salaries)	₹2.1 L/yr - ₹8 L/yr 6% more
Kogta Financial India Limited Business Development Manager Salary 5 - 10 years exp. (4 salaries)	₹4.4 L/yr - ₹5.9 L/yr 8% more
Aavas Financiers Business Development Manager Salary 2 - 13 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr At par
IKF Finance Business Development Manager Salary 2 - 6 years exp. (3 salaries)	₹1.5 L/yr - ₹2.3 L/yr 56% less

Business Development Manager salary at Sundaram Home Finance ranges between ₹3.4 Lakhs to ₹6.1 Lakhs per year for employees with experience between 3 years to 17 years. Salary estimates are based on 5 latest salaries received from various employees of Sundaram Home Finance .

Experience wise Sundaram Home Finance Business Development Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹3.4 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
6 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
7 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹7.4 L/yr
9 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
12 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
14 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9.3 L/yr
15+ years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.1 L/yr

View all

Similar Designation salaries in Sundaram Home Finance

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Business Development Executive Salary

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Senior Sales Manager Salary

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₹5 L/yr - ₹6.3 L/yr

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₹7.7 L/yr - ₹9.8 L/yr

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Branch Manager Salary

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Marketing Manager Salary

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₹6.3 L/yr - ₹8 L/yr

Relationship Manager Salary

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Salary related reviews for Sundaram Home Finance

5.0

Rated by 1 employees for salary & benefits

Branch Support Officer in Kollam

Finance & Accounting Department

5.0

• posted on 21 Apr 2022

4.0

for Salary and Benefits

Likes

Working smoothly, good training sessions, interact with top of management no restrictions, help all departments

Salary - Good

+6 more

Dislikes

...ees, only one thing company holiday days working, is to can't spend with family. Only one thing my side dislike from, all over good working culture, retirement age to safely work, salary hike decent but career growth slow

Deputy Manager in Chennai

Full Time

Risk Management & Compliance Department

1.0

• posted on 21 Jul 2024

1.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

Giving unreasonable Target and saying some stupid like you are inefficient ,useless and Elon Musk works more hours things to complete the same. Makes us to do work hurriedly and output comes as a mistake and complains us for the same. Gets pissed off when constructive criticism is given. Never understands things when client doesn't give information, unnecessarily pushing us to get information. Always proves chain of command.

Salary - Bad

+5 more

Deputy Manager in Chennai

Full Time

Other Department

5.0

• posted on 19 Dec 2024

5.0

for Salary and Benefits

Likes

The atmosphere is very friendly which enables learning the industry on the whole apart from role. Freedom to voice out our opinion. Very genuine. Understands employees problem from employee's perspective.

Salary - Excellent

+6 more

Dislikes

Nothing to mention

Senior Management Team in Chennai

Full Time

Risk Management & Compliance Department

4.0

• posted on 03 Jan 2025

3.0

for Salary and Benefits

Likes

Good organization. MD and promoters are good

Skill development - Good

+3 more

Dislikes

The HR team is pathetic. Arrogant, so full of themselves. The CHRO spends all his time outside of office preaching about best HR practices to outsiders, not having a clue that the function is broken in his own organisation. Comes to office once in a month.

Assistant Manager in Hyderabad / Secunderabad

Finance & Accounting Department

1.0

• posted on 29 Apr 2022

1.0

for Salary and Benefits

Likes

training n Support given by co.

Dislikes

There is lot of cheap politics as most the marketing Guys are not qualified n they are either relative or previous knows. No growth if not pampered reporting boss and heads

Salary - Bad

+5 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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Sundaram Home Finance Business Development Manager Salary FAQs

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

The average salary of a Business Development Manager at Sundaram Home Finance in India typically ranges from ₹3.4 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 3 years to 17 years).

The top 10% of Business Development Manager at Sundaram Home Finance earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Business Development Manager Salaries at Sundaram Home 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 Home Finance employees in India.

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

The estimated take-home salary of a Business Development Manager at Sundaram Home Finance in India typically ranges from ₹33,502 to ₹34,764 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 3 years to 17 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 Home Finance . Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Sundaram Home Finance 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 Sundaram Home Finance , depending on the role and experience level.

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

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

Nabard Financial Services	₹3.0 Lakhs to ₹8.5 Lakhs per year
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

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 Sundaram Home Finance in India?

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

Experience	Average Salary Range
3 years	₹3.4 Lakhs to ₹3.4 Lakhs per year
4 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
5 years	₹3.2 Lakhs to ₹4.2 Lakhs per year
6 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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Sundaram Home Finance Business Development Manager Salaries

Sundaram Home Finance Business Development Manager salary in India ranges between ₹3.4 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Sundaram Home Finance latest salaries received from various employees of Sundaram Home Finance .