Thermax Limited Business Development Officer Salaries by 3 Employees (Updated 2025)

5 - 8 years exp.

₹7 Lakhs - ₹10.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

124% more than the average Business Development Officer Salary in Industrial Machinery Companies for 5 - 8 years of experience

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Last Updated: 8 Feb 2025

Companies similar to Thermax Limited for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
Hilti Business Development Officer Salary 12 - 14 years exp. (3 salaries)	₹18.9 L/yr - ₹24.2 L/yr 152% more
Equitas Small Finance Bank Business Development Officer Salary 0 - 6 years exp. (413 salaries)	₹1.6 L/yr - ₹4.5 L/yr 63% less	60 job openings
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ICICI Bank Business Development Officer Salary 0 - 5 years exp. (291 salaries)	₹1.2 L/yr - ₹3.8 L/yr 71% less
HDFC Bank Business Development Officer Salary 0 - 6 years exp. (182 salaries)	₹1.2 L/yr - ₹3.6 L/yr 72% less	1 job opening
Karur Vysya Bank Business Development Officer Salary 3 - 8 years exp. (170 salaries)	₹3 L/yr - ₹5.1 L/yr 55% less

Business Development Officer salary at Thermax Limited ranges between ₹7 Lakhs to ₹10.5 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Thermax Limited.

Experience wise Thermax Limited Business Development Officer salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr

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₹9.9 L/yr - ₹12.6 L/yr

Top skills at Thermax Limited for Business Development Officer

Business Development Relationship Building Business Development Market Research New Business Competitor Analysis Networking Skills Key Account Management B2B Sales Lead Generation Account Management Sales Client Relationship Management Communication Skills Research

Salary related reviews for Thermax Limited

Territory Sales Manager in Pune

Full Time

Sales & Business Development Department

3.0

• posted on 04 Mar 2023

2.0

for Salary and Benefits

Likes

Work life balance.

Job security - Excellent

Dislikes

Salary and increments are too low. Everything depends on the division and in which team you are working. Managers plays key role in the development of any individual role. It's all about luck to have a good manager or ....

Salary - Poor

+2 more

Area Sales Manager (working remotely)

Full Time

Sales & Business Development Department

2.0

• posted on 23 Nov 2022

2.0

for Salary and Benefits

Likes

Good company but do not care of it's employees talents. Pramotion is purely based on relationship and huge salary difference

Dislikes

Salary and growth is not good. Company is more focused on Enmlopyee salary deductions

Salary - Poor

+4 more

Deputy Manager in Pune

Sales & Business Development Department

5.0

• posted on 22 May 2022

3.0

for Salary and Benefits

Likes

Thermax is process driven company. Transparency in company policy from Top to bottom. Value & Ethical business is in blood. Work culture is still there. Emotions in place of Professionalism is still make life happy at Thermx

Skill development - Good

+4 more

Dislikes

Salary is d biggest set back for company.

Territory Sales Manager in Ahmedabad

Sales & Business Development Department

5.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Working Culture is very good . You will get freedom of work . If your are a self started then there is ocean of opportunities.

Skill development - Good

+5 more

Dislikes

Salary & other compensations are not much good as compared to other industry .although your a extra-ordinary performance you will get standard increment which is so demoralizing. Only Salary & politics is a bad side of thermax.

Salary - Poor

Material Engineer in Pune

Full Time

Other Department

3.0

• posted on 18 Mar 2025

3.0

for Salary and Benefits

Likes

Timely salary, Skill development Learning

Skill development - Good

Dislikes

Politics Mangers level people are so dominate & orthodox. Never let you to figure you out before management since they have to protect themselves as they have no new skill, ideas only they know buttering & politics & don't let the new guy to retain in company for a long run.

Promotions - Poor

+2 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Thermax Limited Business Development Officer Salary FAQs

How the salary growth look like for a Business Development Officer at Thermax Limited in India?

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

Experience	Average Salary Range
5 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
7 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
8 years	₹6.8 Lakhs to ₹8.6 Lakhs per year

and so on.

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Thermax Limited Business Development Officer Salaries

Thermax Limited Business Development Officer salary in India ranges between ₹7 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Thermax Limited latest salaries received from various employees of Thermax Limited.