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Tata Motors Finance

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4.1

based on 1.6k Reviews

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Tata Motors Finance Business Development Manager salaries in India

Annual salary range
0 - 8 years exp.
₹1.2 Lakh - ₹4.8 Lakhs
Salary of majority employees
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58% less than the average Business Development Manager Salary in NBFC Companies for 0 - 8 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Business Development Manager Salary
0 - 8 years exp. (168 salaries)
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₹1.5 L/yr - ₹4.6 L/yr

Finance & Accounting
Business Development Manager Salary
0 - 8 years exp. (85 salaries)
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₹1.5 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
1 - 8 years exp. (41 salaries)
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₹1.6 L/yr - ₹4 L/yr

Marketing & Communication
Business Development Manager Salary
1 - 7 years exp. (28 salaries)
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₹1.2 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
0 - 8 years exp. (10 salaries)
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₹2 L/yr - ₹4 L/yr

Last Updated: 14 Dec 2024

Companies similar to Tata Motors Finance for Business Development Manager

Company name Avg Annual Salary Open Jobs
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Mahindra Finance Business Development Manager Salary

1 - 8 years exp. (22 salaries)
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₹2.3 L/yr - ₹9.7 L/yr

arrow icon 78% more
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HDFC Bank Business Development Manager Salary

1 - 13 years exp. (120 salaries)
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₹2 L/yr - ₹12 L/yr

arrow icon 118% more
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ICICI Bank Business Development Manager Salary

1 - 10 years exp. (105 salaries)
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₹2.1 L/yr - ₹9.4 L/yr

arrow icon 71% more
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Bajaj Finance Business Development Manager Salary

4 - 6 years exp. (5 salaries)
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₹2.5 L/yr - ₹4.8 L/yr

arrow icon 42% more
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Kotak Mahindra Bank Business Development Manager Salary

1 - 8 years exp. (40 salaries)
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₹1.5 L/yr - ₹8 L/yr

arrow icon 26% more
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IndusInd Bank Business Development Manager Salary

0 - 7 years exp. (1.5k salaries)
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₹1.8 L/yr - ₹5.2 L/yr

arrow icon 19% more
 11 job openings
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Axis Bank Business Development Manager Salary

0 - 10 years exp. (129 salaries)
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₹1.4 L/yr - ₹7 L/yr

arrow icon 22% more
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SK Finance Limited Business Development Manager Salary

2 - 10 years exp. (71 salaries)
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₹2.6 L/yr - ₹7 L/yr

arrow icon 22% more
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IIFL Finance Business Development Manager Salary

0 - 10 years exp. (45 salaries)
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₹1.9 L/yr - ₹8 L/yr

arrow icon 39% more
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Muthoot Finance Business Development Manager Salary

4 - 10 years exp. (37 salaries)
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₹2.7 L/yr - ₹6.3 L/yr

arrow icon 35% more
View all
Business Development Manager salary at Tata Motors Finance ranges between ₹1.2 Lakh to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 413 latest salaries received from various employees of Tata Motors Finance.

Latest annual salaries shared by Tata Motors Finance Business Development Manager

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Experience wise Tata Motors Finance Business Development Manager salaries

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
Fresher  (17 salaries)

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₹1.8 L/yr - ₹4 L/yr
1 year  (35 salaries)

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₹1.2 L/yr - ₹3.8 L/yr
2 years  (60 salaries)

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₹1.2 L/yr - ₹3.8 L/yr
3 years  (69 salaries)

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₹1.5 L/yr - ₹4 L/yr
4 years  (77 salaries)

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₹1.8 L/yr - ₹4.8 L/yr
View all
Tata Motors Finance Business Development Manager Salary and Career Growth

From

To

Business Development Manager

₹unlock blur Lakhs/yr

0 - 8 years exp.

Zonal Sales Manager

₹unlock blur Lakhs/yr

6 - 17 years exp.

Business Development Manager 0 - 8 years exp.
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Territory Sales Manager 6 - 14 years exp.
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arrow icon 139% hike
    Zonal Sales Manager 6 - 17 years exp.
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    arrow icon 72% hike

    From

    1 more level

    To

    Business Development Manager

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    0 - 8 years exp.

    Zonal Head Sales

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    15 - 18 years exp.

    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Tata Motors Finance

    Senior Business Development Manager Salary
    (AmbitionBox Estimate)
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    ₹1.6 L/yr - ₹2.1 L/yr
    Business Development Executive Salary
    (AmbitionBox Estimate)
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    ₹2 L/yr - ₹2.5 L/yr
    Zonal Sales Manager Salary
    (30 salaries)
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    ₹8.35 L/yr - ₹20 L/yr
    Assistant Sales Manager Salary
    (AmbitionBox Estimate)
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    ₹3.2 L/yr - ₹4 L/yr
    Senior Business Development Executive Salary
    (AmbitionBox Estimate)
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    ₹2.5 L/yr - ₹3.2 L/yr
    Senior Sales Manager Salary
    (4 salaries)
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    ₹7.5 L/yr - ₹15.1 L/yr
    Area Sales Manager Salary
    (36 salaries)
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    ₹6.8 L/yr - ₹15.55 L/yr
    Territory Sales Manager Salary
    (139 salaries)
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    ₹4 L/yr - ₹11.2 L/yr
    Area Business Manager Salary
    (3 salaries)
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    ₹3.2 L/yr - ₹18 L/yr
    Deputy Manager Salary
    (30 salaries)
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    ₹6.15 L/yr - ₹11 L/yr

    Top skills at Tata Motors Finance for Business Development Manager

    Business Development Management Sales Sales Management Commercial Vehicle Loans Channel Sales Channel Partners Customer Relationship Business Development Auto Loans Customer Centric SME Sales Secured Loan Communication Skills bdm Field Sales

    Salary related reviews for Tata Motors Finance

    4.1

    Rated by 150 employees for salary & benefits

    Business Development Manager in Mumbai

    Marketing & Communication Department

    4.0
      •  posted on 03 May 2021
    4.0
     for  Salary and Benefits

    Likes

    ...t being super all people are helpful and Coordinate both in difficult situation.Obiously salary in good as best in your work.Overall good Experience

    read more

    Dislikes

    ... true some of politics involve in theirs.I haven't see management address issue. Salary is Ok hiking not possible also Carter growth is slow.No training for fresher on the job.some of using bad language in front of others

    read more

    Business Development Manager in Erode

    Sales & Business Development Department

    5.0
      •  posted on 08 Apr 2021
    5.0
     for  Salary and Benefits

    Likes

    Very good job satisfaction.

    Dislikes

    Career wise growth is too poor while bdm are entry level positions will continued year by year no salary hike and there is no movement of next grade/designation.if these are corrected we never missed knowledgeable employees

    read more

    Business Development Manager in Gurgaon / Gurugram

    Commercial vehicle finance Department

    4.0
      •  posted on 05 Oct 2019
    2.0
     for  Salary and Benefits

    Likes

    The company is open to innovation and readily adopts latest technology. I love the fact that I'm a part of a team that market reliable.

    read more

    Dislikes

    Compensation is decent but growth is slow. The work pressure is very high. Sometimes, I have to work 14-18 hours straight in a day as I have to attend client in the night.

    read more

    Business Development Manager in Haldwani

    BDM Department

    3.0
      •  posted on 18 Jun 2018
    2.0
     for  Salary and Benefits

    Likes

    It was good experience, i have learned alot fromTMFL , helping teammates , gud training sessions, no job security at all untill and unless will not reach up to the targets but at conclusion i enjoyed working with TMFL.

    read more

    Dislikes

    Not happy with the salary because my colleagues as a BDM itself was getting 1K higher paid then me .

    read more

    Business Development Manager in Ambala

    Food, Beverage & Hospitality Department

    5.0
      •  posted on 19 Apr 2018
    5.0
     for  Salary and Benefits

    Likes

    ...rship. ..so less work burden if want to a job In finance line in this company. . Impressive salary packages for even freshers. ..so all in all it's fantastico

    read more

    Dislikes

    NOTHING. .....to be honest. ..everything is up to the mark

    see more salary related reviews

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    Salary Discussions, Hike & Promotions
    1w
    a technical project manager
    Deadend
    Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?
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    Tata Motors Finance Business Development Manager Salary FAQs

    What is the salary of Business Development Manager at Tata Motors Finance?
    Business Development Manager salary at Tata Motors Finance in India ranges between ₹1.2 Lakhs to ₹4.8 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 58% less than the average Business Development Manager Salary in India. Salary estimates are based on 413 latest salaries received from various employees of Tata Motors Finance India.
    How does the salary of a Business Development Manager at Tata Motors Finance India compare with the average salary range for this job?
    The average salary of a Business Development Manager at Tata Motors Finance is 58% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.
    What are the top skills required to work as a Business Development Manager at Tata Motors Finance?
    Business Development Management, Sales, Sales Management, Commercial Vehicle Loans and Channel Sales are some of the popular skills required to work as a Business Development Manager at Tata Motors Finance India.
    Which similar companies are paying more than Tata Motors Finance to a Business Development Manager in India?
    • Aditya Birla Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹25.1 Lakhs per year
    • Poonawalla Fincorp Business Development Manager Salary - ₹9.7 Lakhs to ₹12.0 Lakhs per year
    • TVS Credit Business Development Manager Salary - ₹6.0 Lakhs to ₹15.0 Lakhs per year
    • Tata Capital Business Development Manager Salary - ₹9.4 Lakhs to ₹15.5 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 Tata Motors Finance in India?
    • HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
    • Piramal Capital Housing Finance Business Development Manager Salary - ₹2.0 Lakhs to ₹12.0 Lakhs per year
    • Bharat Financial Inclusion Business Development Manager Salary - ₹1.0 Lakhs to ₹15.2 Lakhs per year
    • Sundaram Finance Business Development Manager Salary - ₹4.8 Lakhs to ₹8.0 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 Tata Motors Finance in India?
    The estimated take-home salary of a Business Development Manager at Tata Motors Finance ranges between ₹22,687 per month to ₹24,160 per month in India. The take-home salary calculation is based on the average Tata Motors Finance Business Development Manager salary in India which ranges between ₹1.2 Lakhs to ₹4.8 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
    What is the notice period for Business Development Manager at Tata Motors Finance?
    According to AmbitionBox, 71% of the Tata Motors Finance Business Development Managers reported a notice period of 1 Month, 22% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 291 responses on AmbitionBox in last 2 years.

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    Tata Motors Finance Business Development Manager Salaries by Location

    Tata Motors Finance Business Development Manager salary in India ranges between ₹1.2 Lakh to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 413 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.