Magneto IT Solutions Business Development Executive Salaries by 6 Employees (Updated 2025)

2 - 3 years exp.

₹2.4 Lakhs - ₹4.2 Lakhs

Salary of majority employees

22% less than the average Business Development Executive Salary in IT Services & Consulting Companies for 2 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Development Executive Salary 2 - 3 years exp. (4 salaries)	₹2.4 L/yr - ₹3 L/yr
Data Science & Analytics Business Development Executive Salary 2 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
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Sales & Business Development Business Development Executive Salary 2 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 14 Apr 2023

Companies similar to Magneto IT Solutions for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
Hostment Business Development Executive Salary 3 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3.6 L/yr 5% more
BYJU'S Business Development Executive Salary 0 - 7 years exp. (3.3k salaries)	₹0.9 L/yr - ₹8 L/yr 45% more
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Udaan Business Development Executive Salary 2 - 10 years exp. (2.1k salaries)	₹1.5 L/yr - ₹5.5 L/yr 16% more
Extramarks Education Business Development Executive Salary 0 - 5 years exp. (871 salaries)	₹2.9 L/yr - ₹7.5 L/yr 46% more
Axis Bank Business Development Executive Salary 0 - 6 years exp. (790 salaries)	₹0.9 L/yr - ₹5 L/yr 20% less	1 job opening

Business Development Executive salary at Magneto IT Solutions ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Magneto IT Solutions.

Experience wise Magneto IT Solutions Business Development Executive salaries

Last Updated: 14 Apr 2023

Experience	Avg Annual Salary
2 years (5 salaries)	₹2.4 L/yr - ₹4.2 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.3 L/yr

Salary related reviews for Magneto IT Solutions

Senior Engineer in Hyderabad / Secunderabad

Full Time

Engineering - Software & QA Department

1.0

• posted on 13 Oct 2023

1.0

for Salary and Benefits

Likes

There is nothing to like here.

Dislikes

If you are fresher just don't join here. They pay less no job security at all. Their HR takes WFH whenever she needs but denies WFH to people in need. They don't even a proper internet connection. Look for something else instead of this company.

Salary - Bad

+6 more

Software Developer in Pune

Engineering - Software & QA Department

1.0

• posted on 20 Dec 2021

1.0

for Salary and Benefits

Likes

Salary on time. Final option for fresher but avoid if possible

Dislikes

Unprofessional management. Low salary. No benefits. Very long working hours. Sometimes working on weekend also. No job security, they will fire you because manager don't like you even if your performance is good

Salary - Bad

+6 more

Associate in Pune

Full Time

Engineering - Hardware & Networks Department

1.0

• posted on 06 Mar 2024

2.0

for Salary and Benefits

Likes

You can learn some basic things, nothing else.

Dislikes

...operative, you can't trust anyone. A lot of politics happens on the floor. The Management is always behind cutting the salary of employees. Salary is not justified with the work. Regarding the policy they actually have employer centric p If you want appraisal you have to sign a bond again, and this policy they will only disclose at the time of your appraisal. So I think you are getting how they trap people 😅 So if you want to sacrifice your mental peace, family life, and health. Please join this company your wish will be definitely full filled.

Salary - Poor

+5 more

Marketing Executive in Pune

Full Time

Marketing & Communication Department

5.0

• posted on 19 Apr 2024

5.0

for Salary and Benefits

Likes

Working with such excellent company has been an unforgeable experience. There were helpful co-workers who helped me while I was having trouble. Working with amazing team was another wonderful experience.

Salary - Excellent

+6 more

Dislikes

I haven't had any problem as I mentioned I worked with great team

Digital Marketing Lead in Ahmedabad

Full Time

Marketing & Communication Department

5.0

• posted on 28 Apr 2023

5.0

for Salary and Benefits

Likes

As the Digital Marketing Lead at Magneto IT Solutions, I proudly say that Magneto has been the first company of my career, and I am glad I got to experience it. I have completed seven years of enriching professional journey with team MIS. My overall experience is excellent. Undoubtedly Magneto is the best place to kickstart your career.

Salary - Excellent

+6 more

Dislikes

While my experience at Magneto IT Solutions has been overwhelmingly positive, I haven't encountered any significant cons that come to mind.

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Magneto IT Solutions Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Magneto IT Solutions?

Business Development Executive salary at Magneto IT Solutions in India ranges between ₹2.4 Lakhs to ₹4.2 Lakhs for experience between 2 years to 3 years. According to our estimates it is 22% less than the average Business Development Executive Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Magneto IT Solutions India.

How does the salary of a Business Development Executive at Magneto IT Solutions India compare with the average salary range for this job?

The average salary of a Business Development Executive at Magneto IT Solutions is 22% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Executive at Magneto IT Solutions?

IT Services, bde, Relationship, B2B Sales and Business Development Management are some of the popular skills required to work as a Business Development Executive at Magneto IT Solutions India.

Which similar companies are paying more than Magneto IT Solutions to a Business Development Executive in India?

Extramarks Education Business Development Executive Salary - ₹2.9 Lakhs to ₹7.5 Lakhs per year
BYJU'S Business Development Executive Salary - ₹0.9 Lakhs to ₹8.0 Lakhs per year
Udaan Business Development Executive Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year
Hostment Business Development Executive Salary - ₹2.8 Lakhs to ₹3.6 Lakhs per year

What is the salary of a Business Development Executive in companies similar to Magneto IT Solutions in India?

Axis Bank Business Development Executive Salary - ₹0.9 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Business Development Executive at Magneto IT Solutions in India?

The estimated take-home salary of a Business Development Executive at Magneto IT Solutions ranges between ₹21,821 per month to ₹23,308 per month in India. The take-home salary calculation is based on the average Magneto IT Solutions Business Development Executive salary in India which ranges between ₹2.4 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Business Development Executive at Magneto IT Solutions?

According to AmbitionBox, 100% of the Magneto IT Solutions Business Development Executives reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Magneto IT Solutions Business Development Executive Salaries

Magneto IT Solutions Business Development Executive salary in India ranges between ₹2.4 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Magneto IT Solutions latest salaries received from various employees of Magneto IT Solutions.