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BO

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BO Salary in Banking in India (Updated 2025)

based on 16 latest salaries • updated: 11 Feb 2025
Select an experience to get the exact salary

Annual salary range

₹1.8 Lakh - ₹4.8 Lakhs

Moderate Confidence
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Moderate Confidence means the data is based on a sufficient number of latest salaries.
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Experience wise BO salaries

Years of experience Avg. Annual Salary
1 year
(7 salaries)
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₹1.5 L/yr - ₹3.2 L/yr

2 years
(1 salaries)
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₹2 L/yr - ₹2 L/yr

3 years
(3 salaries)
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₹2.5 L/yr - ₹2.6 L/yr

4 years
(2 salaries)
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₹2.5 L/yr - ₹4.6 L/yr

5 years
(2 salaries)
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₹4.6 L/yr - ₹4.8 L/yr

View all salaries by experience
BO Salary in India ranges between ₹1.8 Lakh to ₹4.8 Lakhs for 1 year of experience to 7 years of experience . Salary estimates are based on 16 latest salaries received from BO.
See latest salaries

BO salaries in different departments

Department Avg Annual Salary
BFSI, Investments & Trading
BO Salary
1 - 6 years exp. (3 salaries)
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₹2.4 L/yr - ₹4.8 L/yr

Finance & Accounting
BO Salary
1 - 7 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹4.4 L/yr

Latest annual salaries shared by BOs

3w ago

Innogen Lifesciences

BO

4 years exp.

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3w ago

Imperative Business Ventures

BO

2 years exp.

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2mo ago

Headout

BO

5 years exp.

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2mo ago

Eris Lifesciences

BO

3 years exp.

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2mo ago

Mankind Pharma

BO

7 years exp.

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2mo ago

Zydus Lifesciences

BO

6 years exp.

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3mo ago

Sahayog Multistate Credit Co-operative Society

BO

1 year exp.

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3mo ago

AU Small Finance Bank

BO

5 years exp.

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3mo ago

B+B

BO

7 years exp.

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3mo ago

AU Small Finance Bank

BO

6 years exp.

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View all latest salaries

BO Salary By Locations

Locations Avg Annual Salary
Patna
BO
3 - 5 years exp.
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₹1.1 L/yr - ₹4 L/yr

Mumbai
BO
2 - 8 years exp.
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₹2.6 L/yr - ₹4.7 L/yr

Bangalore / Bengaluru
BO
0 - 7 years exp.
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₹3.2 L/yr - ₹14.5 L/yr

Nagpur
BO
1 - 3 years exp.
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₹1.5 L/yr - ₹2.5 L/yr

New Delhi
BO
0 - 5 years exp.
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₹1.8 L/yr - ₹4.6 L/yr

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BO Salary In Other Industries

Industries Avg Annual Salary
Pharma
BO
1 - 8 years exp.
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₹1.9 L/yr - ₹4.5 L/yr

Financial Services
BO
0 - 7 years exp.
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₹1.8 L/yr - ₹4.8 L/yr

Biotech & Life sciences
BO
1 - 7 years exp.
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₹1.8 L/yr - ₹4.5 L/yr

Healthcare / Pharma
BO
1 - 8 years exp.
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₹1.8 L/yr - ₹4.9 L/yr

Insurance
BO
0 - 7 years exp.
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₹1.5 L/yr - ₹3.2 L/yr

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Frequently Asked Questions about BO Salaries

What is the salary of a BO in India?
Salary for a BO in India ranges between ₹1.8 Lakhs to ₹4.8 Lakhs per year. Salary estimates are based on 16 latest salaries received from various BOs across industries.
What is the starting salary for a BO in India?
Average starting Salary for BO in India is around ₹1.8 Lakhs per year (₹15.0k per month). 1 year of minimum experience is required to be a BO.
What are the top paying industries for BO in India?
What are the top paying cities for BO in India?
  • Navi Mumbai - ₹4.8 Lakhs to 4.8 Lakhs per year
  • New Delhi - ₹4.6 Lakhs to 4.6 Lakhs per year
  • Jaipur - ₹2.5 Lakhs to 3.0 Lakhs per year
  • Lucknow - ₹2.5 Lakhs to 2.5 Lakhs per year
  • Nagpur - ₹1.5 Lakhs to 2.5 Lakhs per year

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