Tata Capital Business Development Manager Salaries by 5 Employees (Updated 2025)

2 - 5 years exp.

₹5.5 Lakhs - ₹15.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

54% more than the average Business Development Manager Salary in NBFC Companies for 2 - 5 years of experience

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Last Updated: 8 Feb 2025

Companies similar to Tata Capital for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Tata Motors Finance Business Development Manager Salary 0 - 8 years exp. (267 salaries)	₹1 L/yr - ₹4.8 L/yr 73% less
SK Finance Limited Business Development Manager Salary 2 - 10 years exp. (78 salaries)	₹2.6 L/yr - ₹6.8 L/yr 67% less
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IIFL Finance Business Development Manager Salary 0 - 10 years exp. (44 salaries)	₹1.9 L/yr - ₹8 L/yr 61% less
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Muthoot Finance Business Development Manager Salary 4 - 10 years exp. (38 salaries)	₹2.7 L/yr - ₹6.3 L/yr 63% less	1 job opening
Mahindra Finance Business Development Manager Salary 2 - 8 years exp. (21 salaries)	₹2.3 L/yr - ₹10.2 L/yr 52% less
Capri Global Capital Business Development Manager Salary 0 - 12 years exp. (19 salaries)	₹2.5 L/yr - ₹5 L/yr 70% less
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Sundaram Finance Business Development Manager Salary 4 - 10 years exp. (13 salaries)	₹4.8 L/yr - ₹11 L/yr 43% less
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 21% less
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Muthoot Fincorp Business Development Manager Salary 3 - 11 years exp. (7 salaries)	₹2.5 L/yr - ₹6 L/yr 71% less
Sammaan Capital Limited Business Development Manager Salary 3 - 6 years exp. (6 salaries)	₹3 L/yr - ₹6.5 L/yr 66% less
Poonawalla Fincorp Business Development Manager Salary 3 - 16 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr 8% less
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 83% less
Piramal Capital Housing Finance Business Development Manager Salary 4 - 20 years exp. (5 salaries)	₹2 L/yr - ₹12 L/yr 41% less
TVS Credit Business Development Manager Salary 2 - 30 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 9% less
Aavas Financiers Business Development Manager Salary 2 - 13 years exp. (4 salaries)	₹1.9 L/yr - ₹7 L/yr 61% less
SMFG India Credit Business Development Manager Salary 0 - 10 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 74% less
Bharat Financial Inclusion Business Development Manager Salary 1 - 15 years exp. (3 salaries)	₹1 L/yr - ₹7.2 L/yr 66% less

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Business Development Manager salary at Tata Capital ranges between ₹5.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Tata Capital.

Experience wise Tata Capital Business Development Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹15.5 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹15.5 L/yr
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4 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹21.3 L/yr
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹21.9 L/yr

Similar Designation salaries in Tata Capital

Business Development Associate Salary

(AmbitionBox Estimate)

₹13.5 L/yr - ₹17.3 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Business Manager Salary

(4 salaries)

₹4.5 L/yr - ₹6.23 L/yr

Zonal Sales Manager Salary

(10 salaries)

₹30.5 L/yr - ₹50 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Senior Sales Manager Salary

(50 salaries)

₹5.35 L/yr - ₹13.5 L/yr

Area Sales Manager Salary

(139 salaries)

₹5.75 L/yr - ₹23.6 L/yr

Territory Sales Manager Salary

(40 salaries)

₹6 L/yr - ₹14 L/yr

Area Business Manager Salary

(4 salaries)

₹12 L/yr - ₹24.65 L/yr

Deputy Manager Salary

(35 salaries)

₹3.05 L/yr - ₹8 L/yr

Salary related reviews for Tata Capital

3.1

Rated by 2 employees for salary & benefits

Deputy Manager in Mumbai

Auto Loan Department

3.0

• posted on 10 Feb 2021

3.0

for Salary and Benefits

Likes

Most Likely Brand ..Tata Good work environment and culture. Teammates are supportive.

Skill development - Excellent

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

Job security - Poor

Relationship Manager in Nashik

Sales & Business Development Department

5.0

• posted on 02 Jan 2020

4.0

for Salary and Benefits

Likes

I Would say it is one of thr best Work Place , very frindly culture , Overall I was very much satisfide. Thanks

Salary - Good

+6 more

Dislikes

Need to negotiate about your compensation before joinging else you will be way behind as compare to the market

Team Lead in New Delhi

Teaching & Training Department

4.0

• posted on 27 Apr 2019

3.0

for Salary and Benefits

Likes

It is a great experience to work with Tata capital ..I love the fact that I am a part of a team that markets reliable as this is my first job and I learned alot here ..

Skill development - Good

+3 more

Dislikes

Compensation is decent but growth is slow

Officer in Mumbai

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

We are working for a great person Tata thats it nothing else

Dislikes

Overburdened work HR not ready to increase manpower No salary hike No hybrid working only work from office No work life balance If you ask HR for salary hike or overtime she will say we giving you pickup drop and bonus we cannot do more They will make you work in sick leaves but will never hire a new employee due to overburdened work and ask you to put leave even after working in sick leave

Salary - Poor

+5 more

Credit Manager in Bhubaneswar

Full Time

Finance & Accounting Department

2.0

• posted on 28 Feb 2025

4.0

for Salary and Benefits

Likes

Salary rise. Product knowledge.

Salary - Good

+2 more

Dislikes

Hectic work culture across retail finance products like PL/BL/HL/LAP/AL/UCL/MHL. You need to work 20 hours a day during last 2-3 days. Just hell. One suggestion is to stay away from such organization. Don't ruin your work life balance for some thousands of extra money.

Promotions - Poor

+3 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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Tata Capital Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Tata Capital ?

The average salary of a Business Development Manager at Tata Capital in India typically ranges from ₹5.5 Lakhs to ₹15.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Business Development Manager at Tata Capital earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹15.5 Lakhs per year. Business Development Manager Salaries at Tata Capital 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 Tata Capital employees in India.

What is the estimated take home salary of a Business Development Manager at Tata Capital in India?

The estimated take-home salary of a Business Development Manager at Tata Capital in India typically ranges from ₹82,827 to ₹84,989 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹15.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 Tata Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Tata Capital for Business Development Manager in India?

Aditya Birla Finance

₹10.8 Lakhs to ₹16.5 Lakhs per year

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

What is the salary of a Business Development Manager in companies similar to Tata Capital in India?

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

Poonawalla Fincorp	₹10.0 Lakhs to ₹12.0 Lakhs per year
TVS Credit	₹6.0 Lakhs to ₹15.0 Lakhs per year
Spandana Sphoorty Financial	₹8.0 Lakhs to ₹10.0 Lakhs per year
L&T Finance	₹8.1 Lakhs to ₹13.4 Lakhs per year
Piramal Capital Housing Finance	₹2.0 Lakhs to ₹12.0 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 Tata Capital in India?

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

Experience	Average Salary Range
2 years	₹4.4 Lakhs to ₹15.5 Lakhs per year
3 years	₹4.6 Lakhs to ₹15.5 Lakhs per year
4 years	₹5.5 Lakhs to ₹21.3 Lakhs per year
5 years	₹5.5 Lakhs to ₹21.9 Lakhs per year

and so on.

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Tata Capital Business Development Manager Salaries

Tata Capital Business Development Manager salary in India ranges between ₹5.5 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Tata Capital latest salaries received from various employees of Tata Capital.