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Bank of India Mutual Fund Business Development Executive salaries in India

Annual salary range
3 - 7 years exp.
₹2.7 Lakhs - ₹3.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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25% less than the average Business Development Executive Salary in Financial Services Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Business Development Executive Salary
3 - 5 years exp. (4 salaries)
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₹2.8 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
7 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Marketing & Communication
Business Development Executive Salary
3 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Mar 2023

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

Company name Avg Annual Salary Open Jobs
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Udaan Business Development Executive Salary

2 - 10 years exp. (2.1k salaries)

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₹1.6 L/yr - ₹5.5 L/yr

arrow icon 21% more
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Axis Bank Business Development Executive Salary

0 - 6 years exp. (777 salaries)

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₹0.9 L/yr - ₹5 L/yr

arrow icon 17% less
1 job opening
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₹1.4 L/yr - ₹3.8 L/yr

arrow icon 18% less
80 job openings
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₹1 L/yr - ₹3.9 L/yr

arrow icon 21% less
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HDFC Bank Business Development Executive Salary

0 - 5 years exp. (118 salaries)

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₹1.4 L/yr - ₹4.5 L/yr

arrow icon 14% less
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₹0.8 L/yr - ₹5.5 L/yr

arrow icon 21% less
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₹2.5 L/yr - ₹6.9 L/yr

arrow icon 79% more
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₹1.2 L/yr - ₹4 L/yr

arrow icon 20% less
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TCS Business Development Executive Salary

2 - 9 years exp. (49 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 74% more
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 10% less
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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 41% more
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₹1.2 L/yr - ₹4.4 L/yr

arrow icon 2% less
1 job opening
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₹2.4 L/yr - ₹6 L/yr

arrow icon 42% more
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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 11% less
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₹2.2 L/yr - ₹3.8 L/yr

arrow icon 10% less
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₹2.9 L/yr - ₹3.5 L/yr

arrow icon 4% more
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₹3 L/yr - ₹10 L/yr

arrow icon 97% more
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₹2.7 L/yr - ₹5 L/yr

arrow icon 12% more
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₹2.2 L/yr - ₹6 L/yr

arrow icon 43% more
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IBM Business Development Executive Salary

2 - 18 years exp. (5 salaries)

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₹13.2 L/yr - ₹44.9 L/yr

arrow icon 926% more
1 job opening
View all
Business Development Executive salary at Bank of India Mutual Fund ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of India Mutual Fund.

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

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Experience wise Bank of India Mutual Fund Business Development Executive salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
3 years  (3 salaries)

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₹3 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
7 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹2.7 L/yr

Similar Designation salaries in Bank of India Mutual Fund

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₹3.4 L/yr - ₹4.4 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 - ₹5.9 L/yr
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₹3 L/yr - ₹5.05 L/yr
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₹3.15 L/yr - ₹3.5 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
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₹2.2 L/yr - ₹3.6 L/yr
Business Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Senior Sales Officer Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Bank of India Mutual Fund

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IT & Information Security Department

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  •  posted on 07 Dec 2024

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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 Executive Salary FAQs

What is the salary of Business Development Executive at Bank of India Mutual Fund ?
The average salary of a Business Development Executive at Bank of India Mutual Fund in India typically ranges from ₹2.7 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Business Development Executive at Bank of India Mutual Fund earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Business Development Executive 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 6 Bank of India Mutual Fund employees in India.
What is the estimated take home salary of a Business Development Executive at Bank of India Mutual Fund in India?
The estimated take-home salary of a Business Development Executive at Bank of India Mutual Fund in India typically ranges from ₹20,870 to ₹22,520 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 3 years to 7 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 6 salaries received from various employees of Bank of India Mutual Fund. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of India Mutual Fund for Business Development Executive in India?
IBM ₹13.2 Lakhs to ₹44.9 Lakhs per year
HCLTech ₹3.0 Lakhs to ₹10.0 Lakhs per year
ICICI Lombard General Insurance Company ₹2.5 Lakhs to ₹6.9 Lakhs per year
TCS ₹2.0 Lakhs to ₹9.0 Lakhs per year
Genpact ₹2.2 Lakhs to ₹6.0 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 Executive in companies similar to Bank of India Mutual Fund in India?
The salary of a Business Development Executive 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 Prudential Life Insurance ₹2.4 Lakhs to ₹6.0 Lakhs per year
Standard Chartered ₹2.4 Lakhs to ₹5.5 Lakhs per year
Mphasis ₹2.1 Lakhs to ₹6.0 Lakhs per year
AU Small Finance Bank ₹2.8 Lakhs to ₹4.0 Lakhs per year
Udaan ₹1.6 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 Executive at Bank of India Mutual Fund in India?
The salary growth for a Business Development Executive at Bank of India Mutual Fund depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Bank of India Mutual Fund:

Experience Average Salary Range
3 years ₹3.0 Lakhs to ₹3.5 Lakhs per year
4 years ₹3.0 Lakhs to ₹5.5 Lakhs per year
5 years ₹2.8 Lakhs to ₹5.2 Lakhs per year
6 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

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Bank of India Mutual Fund Business Development Executive salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Bank of India Mutual Fund latest salaries received from various employees of Bank of India Mutual Fund.