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Bank of India Mutual Fund Business Development Associate salaries in India

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹5.9 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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30% less than the average Business Development Associate Salary in Financial Services Companies for 2 - 6 years of experience

Interested in this particular role? 1 job opening

Last Updated: 2 May 2024

Companies similar to Bank of India Mutual Fund for Business Development Associate

Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹4.1 L/yr

arrow icon 30% less
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Udaan Business Development Associate Salary

1 - 10 years exp. (32 salaries)

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₹2.7 L/yr - ₹4.2 L/yr

arrow icon 17% less
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TCS Business Development Associate Salary

0 - 5 years exp. (21 salaries)

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₹1.6 L/yr - ₹5.5 L/yr

arrow icon 11% less
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₹2.5 L/yr - ₹3 L/yr

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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 10% less
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₹3.5 L/yr - ₹4.9 L/yr

arrow icon 12% more
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₹1.7 L/yr - ₹3 L/yr

arrow icon 50% less
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₹2.5 L/yr - ₹4.7 L/yr

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₹0.9 L/yr - ₹6 L/yr

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₹3 L/yr - ₹4.7 L/yr

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₹2.3 L/yr - ₹8 L/yr

arrow icon 22% more
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₹3 L/yr - ₹5.6 L/yr

arrow icon 6% less
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₹2.7 L/yr - ₹4.6 L/yr

arrow icon 5% less
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IBM Business Development Associate Salary

1 - 8 years exp. (4 salaries)

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₹3.4 L/yr - ₹13 L/yr

arrow icon 117% more
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₹2.1 L/yr - ₹4.4 L/yr

arrow icon 29% less
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₹2.4 L/yr - ₹2.8 L/yr

arrow icon 36% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 13% less
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₹3 L/yr - ₹10 L/yr

arrow icon 41% more
Business Development Associate salary at Bank of India Mutual Fund ranges between ₹3 Lakhs to ₹5.9 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 12 latest salaries received from various employees of Bank of India Mutual Fund.

Latest annual salaries shared by Bank of India Mutual Fund Business Development Associate

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Experience wise Bank of India Mutual Fund Business Development Associate salaries

Last Updated: 2 May 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.3 L/yr
5 years  (4 salaries)

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₹3.5 L/yr - ₹5.9 L/yr
6 years  (3 salaries)

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₹3 L/yr - ₹4 L/yr

Similar Designation salaries in Bank of India Mutual Fund

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₹3.15 L/yr - ₹3.5 L/yr
Business Development Officer Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
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₹3 L/yr - ₹5.05 L/yr
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₹2.65 L/yr - ₹3.5 L/yr
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₹3.4 L/yr - ₹4.4 L/yr
Business Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹1.9 L/yr - ₹3.9 L/yr
Senior Sales Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹6.9 L/yr - ₹16 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Top skills at Bank of India Mutual Fund for Business Development Associate

Management Sales Mutual Funds Banking Medical Insurance investment Relationship Software Configuration Management Medical Insurance Salesforce Investment Banking NISM Mutual Funds Private Banking Investment Banking

Salary related reviews for Bank of India Mutual Fund

4.0

Rated by 5 employees for salary & benefits

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IT & Information Security Department

1.0
  •  posted on 07 Dec 2024

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 for  Salary and Benefits

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...tely realised that this is toxic work environment and i resigned within 1 month. I took 1 month salary and got absconded. I am happy with my decision

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Bank of India Mutual Fund Business Development Associate Salary FAQs

What is the salary of Business Development Associate at Bank of India Mutual Fund ?
The average salary of a Business Development Associate at Bank of India Mutual Fund in India typically ranges from ₹3.0 Lakhs to ₹5.9 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Business Development Associate at Bank of India Mutual Fund earn more than ₹5.2 Lakhs per year, and the top 1% earn over ₹5.9 Lakhs per year. Business Development Associate Salaries at Bank of India Mutual Fund 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 10+ Bank of India Mutual Fund employees in India.
What is the estimated take home salary of a Business Development Associate at Bank of India Mutual Fund in India?
The estimated take-home salary of a Business Development Associate at Bank of India Mutual Fund in India typically ranges from ₹28,924 to ₹30,304 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.9 Lakhs per year for employees with experience ranging from 2 years to 6 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 10+ salaries received from various employees of Bank of India Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Associate at Bank of India Mutual Fund ?
To be a Business Development Associate at Bank of India Mutual Fund in india, the key skills required include:

  • - Management
  • - Sales
  • - Mutual Funds
  • - Banking
  • - Medical Insurance

These skills are highly valued at Bank of India Mutual Fund and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bank of India Mutual Fund for Business Development Associate in India?
IBM ₹3.4 Lakhs to ₹13.0 Lakhs per year
AU Small Finance Bank ₹3.0 Lakhs to ₹10.0 Lakhs per year
HDFC Life ₹2.3 Lakhs to ₹8.0 Lakhs per year
Axis Max Life Insurance ₹3.5 Lakhs to ₹4.9 Lakhs per year
ICICI Prudential Life Insurance ₹3.0 Lakhs to ₹4.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of India Mutual Fund, depending on the role and experience level.
What is the salary of a Business Development Associate in companies similar to Bank of India Mutual Fund in India?
The salary of a Business Development Associate at companies similar to Bank of India Mutual Fund in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹4.7 Lakhs per year
IndusInd Bank ₹2.7 Lakhs to ₹4.6 Lakhs per year
HCLTech ₹3.0 Lakhs to ₹5.6 Lakhs per year
Genpact ₹0.9 Lakhs to ₹6.0 Lakhs per year
ICICI Bank ₹1.7 Lakhs to ₹5.5 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 Associate at Bank of India Mutual Fund in India?
The salary growth for a Business Development Associate at Bank of India Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Business Development Associate can expect the following growth trajectory at Bank of India Mutual Fund:

Experience Average Salary Range
2 years ₹3.0 Lakhs to ₹6.9 Lakhs per year
3 years ₹3.5 Lakhs to ₹6.9 Lakhs per year
4 years ₹3.5 Lakhs to ₹4.3 Lakhs per year
5 years ₹3.5 Lakhs to ₹5.9 Lakhs per year
and so on.

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Bank of India Mutual Fund Business Development Associate salary in India ranges between ₹3 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Bank of India Mutual Fund latest salaries received from various employees of Bank of India Mutual Fund.