Tata Motors Finance Business Development Manager Salaries by 80+ Employees (Updated 2025)

0 - 8 years exp.

₹1.4 Lakh - ₹4.2 Lakhs

Salary of majority employees

21% less than the average Business Development Manager Salary in NBFC Companies for 0 - 8 years of experience

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Last Updated: 20 Feb 2025

Companies similar to Tata Motors Finance for Business Development Manager in Finance & Accounting department

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Business Development Manager Salary 1 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹4.9 L/yr 13% more
HDFC Bank Business Development Manager Salary 2 - 8 years exp. (10 salaries)	₹2 L/yr - ₹7.3 L/yr 38% more
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ICICI Bank Business Development Manager Salary 1 - 10 years exp. (12 salaries)	₹2.6 L/yr - ₹6.5 L/yr 69% more
Kotak Mahindra Bank Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹1.5 L/yr - ₹8 L/yr 15% more
IndusInd Bank Business Development Manager Salary 0 - 7 years exp. (93 salaries)	₹1.8 L/yr - ₹5 L/yr 6% more	17 job openings
SK Finance Limited Business Development Manager Salary 3 - 11 years exp. (25 salaries)	₹2.6 L/yr - ₹5.5 L/yr 6% more
Axis Bank Business Development Manager Salary 1 - 8 years exp. (6 salaries)	₹1.6 L/yr - ₹8 L/yr 18% more
IIFL Finance Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹7.9 L/yr 30% more
Capri Global Capital Business Development Manager Salary 0 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 4% more
Muthoot Finance Business Development Manager Salary 4 - 7 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 8% less	1 job opening

Business Development Manager salary at Tata Motors Finance ranges between ₹1.4 Lakh to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 82 latest salaries received from various employees of Tata Motors Finance.

Experience wise Tata Motors Finance Business Development Manager salaries in Finance & Accounting department

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹2 L/yr - ₹3.5 L/yr
1 year (5 salaries)	₹2.2 L/yr - ₹3.4 L/yr
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2 years (12 salaries)	₹1.5 L/yr - ₹3.8 L/yr
3 years (18 salaries)	₹1.4 L/yr - ₹3.8 L/yr
4 years (16 salaries)	₹2 L/yr - ₹3.9 L/yr
5 years (13 salaries)	₹1.6 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
7 years (8 salaries)	₹2.2 L/yr - ₹6.8 L/yr
8 years (3 salaries)	₹3.5 L/yr - ₹4.2 L/yr

View all

Similar Designation salaries in Tata Motors Finance

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Zonal Sales Manager Salary

(35 salaries)

₹8.35 L/yr - ₹18 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Senior Sales Manager Salary

(4 salaries)

₹7.5 L/yr - ₹15.1 L/yr

Area Sales Manager Salary

(33 salaries)

₹6.8 L/yr - ₹15.55 L/yr

Territory Sales Manager Salary

(148 salaries)

₹4 L/yr - ₹13.25 L/yr

Area Business Manager Salary

(4 salaries)

₹3.2 L/yr - ₹18 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 Sales and Marketing

Salary related reviews for Tata Motors Finance

4.2

Rated by 39 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

Salary - Good

+3 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

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.

Salary - Excellent

+5 more

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

Promotions - Bad

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.

Company culture - Excellent

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.

Salary - Poor

+1 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.

Work satisfaction - Good

Dislikes

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

Salary - Poor

+1 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

Salary - Excellent

+6 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 (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Tata Motors Finance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Tata Motors Finance in Finance & Accounting department?

Business Development Manager salary at Tata Motors Finance in Finance & Accounting department in India ranges between ₹1.4 Lakhs to ₹4.2 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 21% less than the average Business Development Manager Salary in India. Salary estimates are based on 82 latest salaries received from various employees of Tata Motors Finance India in Finance & Accounting department.

How does the salary of a Business Development Manager at Tata Motors Finance India in Finance & Accounting department compare with the average salary range for this job?

The average salary of a Business Development Manager at Tata Motors Finance in Finance & Accounting department is 21% 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 Finance & Accounting department in India?

ICICI Bank Business Development Manager Salary - ₹2.6 Lakhs to ₹6.5 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹7.3 Lakhs per year
IIFL Finance Business Development Manager Salary - ₹2.5 Lakhs to ₹7.9 Lakhs per year
Axis Bank Business Development Manager Salary - ₹1.6 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Bank Business Development Manager Salary - ₹1.5 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Business Development Manager in Finance & Accounting department in companies similar to Tata Motors Finance in India?

Mahindra Finance Business Development Manager Salary - ₹2.7 Lakhs to ₹4.9 Lakhs per year
SK Finance Limited Business Development Manager Salary - ₹2.6 Lakhs to ₹5.5 Lakhs per year
IndusInd Bank Business Development Manager Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
Capri Global Capital Business Development Manager Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
Muthoot Finance Business Development Manager Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager in Finance & Accounting department at Tata Motors Finance in India?

The estimated take-home salary of a Business Development Manager in Finance & Accounting department at Tata Motors Finance ranges between ₹25,871 per month to ₹27,297 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 ₹1.4 Lakhs to ₹4.2 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 in Finance & Accounting department at Tata Motors Finance?

According to AmbitionBox, 76% of the Tata Motors Finance Business Development Managers in Finance & Accounting department reported a notice period of 1 Month, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 83 responses on AmbitionBox in last 2 years.

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Tata Motors Finance Business Development Manager Salaries

Tata Motors Finance Business Development Manager salary in Finance & Accounting department in India ranges between ₹1.4 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 82 Tata Motors Finance latest salaries received from various employees of Tata Motors Finance.

Tata Motors Finance Business Development Manager salaries in Finance & Accounting in India (Updated 2025)

Companies similar to Tata Motors Finance for Business Development Manager in Finance & Accounting department

Latest annual salaries shared by Tata Motors Finance Business Development Manager in Finance & Accounting department

Experience wise Tata Motors Finance Business Development Manager salaries in Finance & Accounting department

Similar Designation salaries in Tata Motors Finance

Top skills at Tata Motors Finance for Business Development Manager

Salary related reviews for Tata Motors Finance

Business Development Manager in Mumbai

Business Development Manager in Erode

Business Development Manager in Gurgaon / Gurugram

Business Development Manager in Haldwani

Business Development Manager in Ambala

Tata Motors Finance Business Development Manager Salary FAQs

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Tata Motors Finance Business Development Manager Salaries by Location