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NeoSOFT Business Development Manager salaries in Mumbai (Updated 2025)

Annual salary range
4 - 10 years exp.
₹5.5 Lakhs - ₹15 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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32% more than the average Business Development Manager Salary in IT Services & Consulting Companies for 4 - 10 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Manager Salary
4 - 10 years exp. (19 salaries)
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₹5.5 L/yr - ₹15 L/yr

Marketing & Communication
Business Development Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹10 L/yr

Last Updated: 15 Jan 2025

Companies similar to NeoSOFT for Business Development Manager in Mumbai

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NeoSOFT Business Development Manager Salary

4 - 10 years exp. (23 salaries)

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₹5.5 L/yr - ₹15 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹9.6 L/yr - ₹32 L/yr

arrow icon 111% more
3 job openings
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₹15 L/yr - ₹20 L/yr

arrow icon 65% more
2 job openings
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₹10 L/yr - ₹24 L/yr

arrow icon 89% more
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Nihilent Business Development Manager Salary

13 - 15 years exp. (3 salaries)

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₹16.2 L/yr - ₹20.7 L/yr

arrow icon 84% more
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₹2 L/yr - ₹5 L/yr

arrow icon 61% less
206 job openings
Business Development Manager salary at NeoSOFT ranges between ₹5.5 Lakhs to ₹15 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 23 latest salaries received from various employees of NeoSOFT.

Latest annual salaries shared by NeoSOFT Business Development Manager in Mumbai

2mo ago
₹12 Lakhs
5 years exp.
3mo ago
₹13.5 Lakhs
7 years exp.
5mo ago
₹8.5 Lakhs
7 years exp.
6mo ago
₹15 Lakhs
10 years exp.
7mo ago
₹5.5 Lakhs
8 years exp.
8mo ago
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8 years exp.
9mo ago
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7 years exp.
11mo ago
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10 years exp.
11mo ago
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9 years exp.
1y ago
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8 years exp.

Experience wise NeoSOFT Business Development Manager salaries in Mumbai

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹8.4 L/yr - ₹10.7 L/yr
5 years (AmbitionBox Estimate)

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₹8.5 L/yr - ₹10.9 L/yr
6 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11.1 L/yr
7 years  (5 salaries)

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₹5.5 L/yr - ₹13.5 L/yr
8 years  (6 salaries)

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₹5.5 L/yr - ₹11 L/yr
View all

Similar Designation salaries in NeoSOFT

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₹4 L/yr - ₹10 L/yr
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₹3.6 L/yr - ₹6.5 L/yr
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₹5.5 L/yr - ₹30 L/yr

Top skills at NeoSOFT for Business Development Manager

Staff Augmentation New Business Development Business Development IT Sales Key Account Management Business Development Software Sales Contract Staffing Staff Augmentation Website Sales US Sales SAP CO New Business Development Contract Staffing Domestic Sales

Salary related reviews for NeoSOFT

3.9

Rated by 6 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 15 Sep 2023

5.0
 for  Salary and Benefits

Likes

Talking of the compensation and the benefits, they are at par. Genuinely, I feel to appreciate our company leaders for thinking of such benefit offerings.

read more
  • Salary - Excellent
  • +6 more

Dislikes

You must really work hard and show results to prove your place here; else you won't grow. Hard work and your mutual efforts are all that matters here.

read more

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 18 Mar 2025

3.0
 for  Salary and Benefits

Likes

Nothing except salary on time

Dislikes

Management doesn't care about employees, especially digital marketing department is the worst and employee here don't have freedom of speech and the thing you will experience here is politics and seniors are really insecure.

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  posted on 03 Mar 2025

3.0
 for  Salary and Benefits

Likes

Learning opportunities available.

Dislikes

...t's a waste of time since the client interview is done post joining the company. Any escalation from the client can put your salary on hold. You might have to relocate from the originally agreed work location to the client place. Emergency leave can get you fired, they are not very understanding about such situations. Also no maternity leaves here.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Risk Management & Compliance Department

1.0
  •  posted on 02 Mar 2025

1.0
 for  Salary and Benefits

Likes

You can learn how to manage tremendous work pressure

Dislikes

Politics , bios , no maternity leave , pathetic payroll team , non supporting pay roll team.. No job security, hardly 2 to 3% hike , not giving notice payment in case of termination Think 10 times before joining

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Other Department

3.0
  •  posted on 01 Feb 2025

4.0
 for  Salary and Benefits

Likes

If you're assigned to a client location, factors like work-life balance, skill development, work satisfaction, and company culture are determined by the client, not Neosoft. In such cases, you have to adhere to the policies and environment of the client company.

read more
  • Salary - Good
  • +1 more

Dislikes

A salary hike with a loyalty incentive seems unusual, as it requires employees to return 50% of the hike if they leave within a year. While a minimum commitment of three months might be reasonable, this policy essentially functions like a bond. Additionally, the first month's salary is withheld after resignation and released as full and final settlement three months after the last working day. While holding it for one month may be understandable, a three-month delay feels excessively long

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  • Promotions - Poor
see more salary related reviews

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NeoSOFT Business Development Manager Salary FAQs

What is the salary of Business Development Manager at NeoSOFT in Mumbai?
The average salary of a Business Development Manager at NeoSOFT in Mumbai typically ranges from ₹5.5 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 4 years to 10 years).

The top 10% of Business Development Manager in Mumbai at NeoSOFT earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Business Development Manager Salaries at NeoSOFT 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 20+ NeoSOFT employees in India.
What is the estimated take home salary of a Business Development Manager at NeoSOFT in Mumbai?
The estimated take-home salary of a Business Development Manager at NeoSOFT in Mumbai typically ranges from ₹70,695 to ₹72,514 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 4 years to 10 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 20+ salaries received from various employees of NeoSOFT. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at NeoSOFT in Mumbai?
To be a Business Development Manager at NeoSOFT in Mumbai, the key skills required include:

  • - Staff Augmentation
  • - New Business Development
  • - Business Development
  • - IT Sales
  • - Key Account Management

These skills are highly valued at NeoSOFT and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than NeoSOFT for Business Development Manager in India?
Sify Technologies ₹9.6 Lakhs to ₹32.0 Lakhs per year
Newgen Software Technologies ₹10.0 Lakhs to ₹24.0 Lakhs per year
Nihilent ₹16.2 Lakhs to ₹20.7 Lakhs per year
Comviva Technology ₹15.0 Lakhs to ₹20.0 Lakhs per year

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

IndusInd Bank ₹2.0 Lakhs to ₹5.0 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 Manager at NeoSOFT in Mumbai?
The salary growth for a Business Development Manager at NeoSOFT in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Manager in Mumbai can expect the following growth trajectory at NeoSOFT:

Experience Average Salary Range
4 years ₹8.4 Lakhs to ₹10.7 Lakhs per year
5 years ₹8.5 Lakhs to ₹10.9 Lakhs per year
6 years ₹8.6 Lakhs to ₹11.1 Lakhs per year
7 years ₹5.5 Lakhs to ₹13.5 Lakhs per year
and so on.

Tell us how to improve this page.

NeoSOFT Business Development Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 NeoSOFT latest salaries received from various employees of NeoSOFT.