PhonePe Mumbai Business Development Associate Salaries by 10+ Employees (Updated 2025)

0 - 7 years exp.

₹3 Lakhs - ₹5.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Business Development Associate Salary in FinTech Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development Business Development Associate Salary 0 - 4 years exp. (7 salaries)	₹3 L/yr - ₹5.6 L/yr
Marketing & Communication Business Development Associate Salary 0 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.1 L/yr
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Finance & Accounting Business Development Associate Salary 2 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
Administration & Facilities Business Development Associate Salary 2 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 1 Jan 2025

Companies similar to PhonePe for Business Development Associate in Mumbai

PhonePe Business Development Associate Salary

0 - 7 years exp. (14 salaries)

₹3 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
BYJU'S Business Development Associate Salary 0 - 6 years exp. (382 salaries)	₹3 L/yr - ₹11.5 L/yr 73% more
Urban Company Business Development Associate Salary 0 - 4 years exp. (33 salaries)	₹2 L/yr - ₹4.5 L/yr 12% less
Login to view exact salary
K12 Techno Services Business Development Associate Salary 0 - 6 years exp. (16 salaries)	₹3.8 L/yr - ₹5 L/yr 8% more	2 job openings
Impact Guru Business Development Associate Salary 0 - 5 years exp. (15 salaries)	₹3.6 L/yr - ₹7.1 L/yr 14% more	3 job openings
Zycus Infotech Business Development Associate Salary 0 - 2 years exp. (8 salaries)	₹6.5 L/yr - ₹7 L/yr 70% more	4 job openings

Business Development Associate salary at PhonePe ranges between ₹3 Lakhs to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 14 latest salaries received from various employees of PhonePe.

Latest annual salaries shared by PhonePe Business Development Associate in Mumbai

3mo ago

₹3.7 Lakhs

2 years exp.

4mo ago

₹3 Lakhs

1 year exp.

6mo ago

₹4.1 Lakhs

5 years exp.

6mo ago

₹3.5 Lakhs

2 years exp.

9mo ago

₹3 Lakhs

5 months exp.

11mo ago

3 years exp.

1y ago

4 years exp.

1y ago

7 years exp.

1y ago

2 years exp.

1y ago

3 years exp.

Experience wise PhonePe Business Development Associate salaries in Mumbai

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
1 year (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
Login to view exact salary
2 years (4 salaries)	₹3.2 L/yr - ₹5.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

View all

From

Business Development Associate

0 - 8 years exp.

Executive Accountant

1 - 7 years exp.

From

View 4 more levels

Business Development Associate

0 - 8 years exp.

Cluster Manager

4 - 11 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in PhonePe

Business Development Executive Salary

(31 salaries)

₹1.7 L/yr - ₹4 L/yr

Top skills at PhonePe for Business Development Associate

Wellness Financial Services Medical Insurance travel insurance Relationship Relationship Management Merchant Acquiring Inside Sales SAAS CRM B2B Strong Communication Skills B2B Sales Interpersonal Skills Strong Interpersonal Skills

Salary related reviews for PhonePe

5.0

Rated by 3 employees for salary & benefits

Business Development Associate in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 19 Jun 2024

2.0

for Salary and Benefits

Likes

There is a target based salary,and if you achieved target you will get basic salary but don't expect you will get incentive , manager gives you a lot of pressure ...and always saying u resign if u would not achieve your target ... , the company's clear funda ..

Dislikes

All the things is bad......if you are complaint for your manager behaviour HR don't here your opinion ......

Salary - Poor

+5 more

Business Development Associate in Hyderabad / Secunderabad

Full Time

Marketing & Communication Department

5.0

• posted on 16 Jan 2023

3.0

for Salary and Benefits

Likes

...sales job so there was much pressure of onboarding merchants and servicing them. If I talk about salary and bonus salary and in the name bonus there was only a 500 rupees gift card on the occasion of Diwali that's all

Skill development - Excellent

+4 more

Dislikes

No work life balance, no proper hierarchy. Good for those who are passionate about sales.

Sales Executive in Lucknow

Full Time

Sales & Business Development Department

5.0

• posted on 05 Mar 2025

1.0

for Salary and Benefits

Likes

Yes

Skill development - Excellent

+2 more

Dislikes

No good job salary kam dete hai full time me 21000₹ batate or dete 12000₹ or full duty karo tm ya hall hai tel ka bataya tha vah bhi company nhi diya hai or leave lete nhi leave dikhaya jata hai salary com aye yah dasa hai company ko

Salary - Bad

Sales Executive in New Delhi

Full Time

Sales & Business Development Department

5.0

• posted on 28 Nov 2023

5.0

for Salary and Benefits

Likes

Company culture is very good , TSM and ASM are very supporting. Dislikes. No. Work Details. Work policy: 2 days/week from office. Work days: .

Salary - Excellent

+6 more

Dislikes

Apart from getting salary on time, there's nothing to like about this company. Dislikes. Huge work pressure on weekends also you have to work. Upper management ...

Senior Business Development Associate in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

1.0

• posted on 09 Aug 2023

1.0

for Salary and Benefits

Likes

Phone Pe very Politics lavel Company And Small Lavel bihaviar and BDA Lavel Employee talk to use Abuse word BDE and BDA Employees Pure Harsment and ASM TSM Morning to Evening Full Pressure Every BDA and BDE Employees and Only One Work Phone P Sound box No any work So pls Read this Topics and Join before read this Company Culture and Bhaviar so thanks Very long talk But some issues not Justified me but join before Company

Dislikes

...M positions ka phayda bahut uthate hai Gurgaon k ASM aur TSM sare kuch Jayda hi So Join krne s phale Company k bare m acche s Read karna phale salary k to acchi dayte hai magar Sukoon naam ka Word nahi hai Es company m y Mera opinion hai baki AAP logo ki mrji

Salary - Bad

+6 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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PhonePe Business Development Associate Salary FAQs

What is the salary of Business Development Associate at PhonePe in Mumbai?

The average salary of a Business Development Associate at PhonePe in Mumbai typically ranges from ₹3.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Associate in Mumbai at PhonePe earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Business Development Associate Salaries at PhonePe 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+ PhonePe employees in India.

What is the estimated take home salary of a Business Development Associate at PhonePe in Mumbai?

The estimated take-home salary of a Business Development Associate at PhonePe in Mumbai typically ranges from ₹29,268 to ₹30,644 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from Fresher 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 10+ salaries received from various employees of PhonePe. 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 PhonePe in Mumbai?

To be a Business Development Associate at PhonePe in Mumbai, the key skills required include:

- Wellness
- Financial Services
- Medical Insurance
- travel insurance
- Relationship

These skills are highly valued at PhonePe and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than PhonePe for Business Development Associate in India?

BYJU'S	₹3.0 Lakhs to ₹11.5 Lakhs per year
Zycus Infotech	₹6.5 Lakhs to ₹7.0 Lakhs per year
Impact Guru	₹3.6 Lakhs to ₹7.1 Lakhs per year
K12 Techno Services	₹3.8 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by PhonePe, depending on the role and experience level.

What is the salary of a Business Development Associate in companies similar to PhonePe in Mumbai?

The salary of a Business Development Associate at companies similar to PhonePe in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Urban Company

₹2.0 Lakhs to ₹4.5 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 PhonePe in Mumbai?

The salary growth for a Business Development Associate at PhonePe in Mumbai depends on factors such as experience, performance, and promotions. On average, a Business Development Associate in Mumbai can expect the following growth trajectory at PhonePe:

Experience	Average Salary Range
Fresher	₹3.4 Lakhs to ₹4.3 Lakhs per year
1 year	₹3.4 Lakhs to ₹4.4 Lakhs per year
2 years	₹3.2 Lakhs to ₹5.5 Lakhs per year
3 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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PhonePe Business Development Associate Salaries in Mumbai

PhonePe Business Development Associate salary in Mumbai ranges between ₹3 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 PhonePe latest salaries received from various employees of PhonePe.