Bank of India Mutual Fund Mumbai Business Development Associate Salaries by 7 Employees (Updated 2025)

2 - 6 years exp.

₹3 Lakhs - ₹4 Lakhs

Salary of majority employees

34% less than the average Business Development Associate Salary in Financial Services Companies for 2 - 6 years of experience

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Last Updated: 4 Apr 2024

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

Bank of India Mutual Fund Business Development Associate Salary

2 - 6 years exp. (7 salaries)

₹3 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
BYJU'S Business Development Associate Salary 0 - 6 years exp. (404 salaries)	₹3 L/yr - ₹10 L/yr 70% more
Urban Company Business Development Associate Salary 0 - 3 years exp. (31 salaries)	₹2.6 L/yr - ₹4.5 L/yr 11% less
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K12 Techno Services Business Development Associate Salary 0 - 6 years exp. (16 salaries)	₹3.8 L/yr - ₹5 L/yr 10% more
Impact Guru Business Development Associate Salary 0 - 5 years exp. (15 salaries)	₹3.6 L/yr - ₹7.1 L/yr 17% more	2 job openings
PhonePe Business Development Associate Salary 0 - 7 years exp. (14 salaries)	₹3 L/yr - ₹5.6 L/yr At par

Business Development Associate salary at Bank of India Mutual Fund ranges between ₹3 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Bank of India Mutual Fund.

Experience wise Bank of India Mutual Fund Business Development Associate salaries in Mumbai

Last Updated: 4 Apr 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.8 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4 L/yr

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₹7 L/yr - ₹8 L/yr

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₹41.4 L/yr - ₹52.9 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

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I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 Mumbai?

Business Development Associate salary at Bank of India Mutual Fund in Mumbai ranges between ₹3.0 Lakhs to ₹4.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 34% less than the average Business Development Associate Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Bank of India Mutual Fund Mumbai.

How does the salary of a Business Development Associate at Bank of India Mutual Fund Mumbai compare with the average salary range for this job?

The average salary of a Business Development Associate at Bank of India Mutual Fund is 34% less than the average salary of a Business Development Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Associate at Bank of India Mutual Fund?

Management, Sales, Mutual Funds, Banking and Medical Insurance are some of the popular skills required to work as a Business Development Associate at Bank of India Mutual Fund Mumbai.

Which similar companies are paying more than Bank of India Mutual Fund to a Business Development Associate in Mumbai?

BYJU'S Business Development Associate Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Impact Guru Business Development Associate Salary - ₹3.6 Lakhs to ₹7.1 Lakhs per year
K12 Techno Services Business Development Associate Salary - ₹3.8 Lakhs to ₹5.0 Lakhs per year
PhonePe Business Development Associate Salary - ₹3.0 Lakhs to ₹5.6 Lakhs per year

What is the salary of a Business Development Associate in companies similar to Bank of India Mutual Fund in Mumbai?

Urban Company Business Development Associate Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Business Development Associate at Bank of India Mutual Fund in Mumbai?

The estimated take-home salary of a Business Development Associate at Bank of India Mutual Fund ranges between ₹28,640 per month to ₹30,025 per month in Mumbai. The take-home salary calculation is based on the average Bank of India Mutual Fund Business Development Associate salary in India which ranges between ₹3.0 Lakhs to ₹4.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Business Development Associate at Bank of India Mutual Fund in Mumbai?

According to AmbitionBox, 100% of the Bank of India Mutual Fund Business Development Associates in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of India Mutual Fund Business Development Associate Salaries in Mumbai

Bank of India Mutual Fund Business Development Associate salary in Mumbai ranges between ₹3 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bank of India Mutual Fund latest salaries received from various employees of Bank of India Mutual Fund.