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Muthoot Capital Services Business Development Manager salaries in India (Updated 2025)

Annual salary range
0 - 12 years exp.
₹2.7 Lakhs - ₹4.3 Lakhs
Salary of majority employees
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54% less than the average Business Development Manager Salary in Financial Services Companies for 0 - 12 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Manager Salary
4 - 12 years exp. (7 salaries)
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₹3 L/yr - ₹4.3 L/yr

BFSI, Investments & Trading
Business Development Manager Salary
10 - 12 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Business Development Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 8 Jan 2025

Companies similar to Muthoot Capital Services for Business Development Manager

Company name Avg Annual Salary Open Jobs
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₹2.5 L/yr - ₹4.8 L/yr

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₹2.3 L/yr - ₹9.7 L/yr

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₹2 L/yr - ₹3.8 L/yr

arrow icon 16% less
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HDFC Bank Business Development Manager Salary

1 - 13 years exp. (125 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 64% more
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ICICI Bank Business Development Manager Salary

1 - 10 years exp. (109 salaries)

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₹2.1 L/yr - ₹8.9 L/yr

arrow icon 64% more
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₹5.5 L/yr - ₹15.5 L/yr

arrow icon 234% more
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₹8.1 L/yr - ₹13.4 L/yr

arrow icon 163% more
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₹3.2 L/yr - ₹3.9 L/yr

arrow icon 4% more
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Edelweiss Business Development Manager Salary

1 - 13 years exp. (15 salaries)

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₹2.5 L/yr - ₹7.6 L/yr

arrow icon 2% more
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₹3 L/yr - ₹6.5 L/yr

arrow icon 13% more
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₹3.4 L/yr - ₹7.5 L/yr

arrow icon 31% more
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₹2.2 L/yr - ₹9 L/yr

arrow icon 47% more
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₹3.5 L/yr - ₹8 L/yr

arrow icon 86% more
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Religare Business Development Manager Salary

2 - 4 years exp. (6 salaries)

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₹2.4 L/yr - ₹4.6 L/yr

arrow icon 26% more
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Alankit Business Development Manager Salary

3 - 14 years exp. (6 salaries)

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₹2 L/yr - ₹5.5 L/yr

At par
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₹3 L/yr - ₹6.5 L/yr

arrow icon 14% more
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₹2.5 L/yr - ₹6.2 L/yr

arrow icon 42% more
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₹23.1 L/yr - ₹58 L/yr

arrow icon 927% more
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₹7.6 L/yr - ₹11.8 L/yr

arrow icon 119% more
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₹4.7 L/yr - ₹7.4 L/yr

arrow icon 44% more
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Business Development Manager salary at Muthoot Capital Services ranges between ₹2.7 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 14 latest salaries received from various employees of Muthoot Capital Services.

Latest annual salaries shared by Muthoot Capital Services Business Development Manager

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11 years exp.
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12 years exp.
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Experience wise Muthoot Capital Services Business Development Manager salaries

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.2 L/yr - ₹5.9 L/yr
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.9 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹6.1 L/yr
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Similar Designation salaries in Muthoot Capital Services

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₹1.4 L/yr - ₹3.1 L/yr
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₹3.8 L/yr - ₹4.5 L/yr
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₹2.3 L/yr - ₹3 L/yr
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₹5 L/yr - ₹11 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr
Deputy Manager Salary
(10 salaries)
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₹5.48 L/yr - ₹7.88 L/yr
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₹8.05 L/yr - ₹17.5 L/yr
Branch Manager Salary
(4 salaries)
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₹3 L/yr - ₹3.6 L/yr
Marketing Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
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₹2.98 L/yr - ₹5 L/yr

Salary related reviews for Muthoot Capital Services

2.6

Rated by 4 employees for salary & benefits

Full Time

 · 

Counter sales executive Department

1.0
  •  posted on 10 Dec 2022

1.0
 for  Salary and Benefits

Likes

Worst , there is no hike no bonus sorry they give bonus only 5700 3700 like this , no growth lot of cuttoffs in payslip they use employees like slave example they told make 15 sales we will give incentive after we achieve they told terms and conditions and not pay incentive if we asked y they told they didn't pay first emi they didn't pay 3rd emi they are not registered like that and without intimation they play a game on our payslip like they mention taken advance salary like that

read more
  • Job security - Good

Dislikes

Worst company Zero growth No appraisal No hike Fake incentive slabs It's not for hardworker it's only just who won't job this type of guy only join this company

read more
  • Salary - Bad
  • +4 more

Credit Operation Department

2.0
  •  posted on 31 Jan 2022

1.0
 for  Salary and Benefits

Likes

Office timings good but work related total haresh ment and senior toucher and new national head is terrible speaking and raude Sam to remove employees and saying if u nit resign i will terminate u and our senior manager also not supportive in karnataka team

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Dislikes

...ood growth before after the national head and ceo change company became totally worst now salary growth zero bonus zero totally they have been spoiled this company name and fame in less salary lots of cutt off in salary totaly worst company became now

read more
  • Salary - Bad
  • +5 more

Collection Department

1.0
  •  posted on 25 Oct 2019

1.0
 for  Salary and Benefits

Likes

... have culture. I identify lord of integrity issue from collection agency side .No skill development and no learning I not have any compensation and benefits.no job security because of I resigned​ my job.no career growth many time my reporting Boss asking to me resign my job.

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Dislikes

No words

  • Salary - Bad
  • +6 more

Collection Department

3.0
  •  posted on 10 May 2018

3.0
 for  Salary and Benefits

Likes

Work free, anual appraisal doing branch network is good

  • Skill development - Good
  • +1 more

Dislikes

Not supported to employees, also less salary benefits, there is no customer services in regional Wise focusing only sales, there is no quality of customer's. Negative are funding,

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  • Promotions - Bad
  • +2 more

Sales & Business Development Department

5.0
  •  posted on 19 Sep 2018

3.0
 for  Salary and Benefits

Likes

Working environment of this company is excellent. Amount of mental pressure is very low level. My team members and superiors are very friendly behavior to me. They gave all kinds of supports at any crucial situations. I can acquire experience and more knowledge about various documents process, new innovations, system procedures etc etc...

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  • Skill development - Excellent
  • +5 more

Dislikes

Compensation is not satisfactory.

see more salary related reviews

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Muthoot Capital Services Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Muthoot Capital Services?
Business Development Manager salary at Muthoot Capital Services in India ranges between ₹2.7 Lakhs to ₹4.3 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 54% less than the average Business Development Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Muthoot Capital Services India.
How does the salary of a Business Development Manager at Muthoot Capital Services India compare with the average salary range for this job?
The average salary of a Business Development Manager at Muthoot Capital Services is 54% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Capital Services to a Business Development Manager in India?
  • Wells Fargo Business Development Manager Salary - ₹30.0 Lakhs to ₹45.0 Lakhs per year
  • JPMorgan Chase & Co. Business Development Manager Salary - ₹23.1 Lakhs to ₹58.0 Lakhs per year
  • Nippon Life India Asset Management Business Development Manager Salary - ₹2.0 Lakhs to ₹21.0 Lakhs per year
  • Tata Capital Business Development Manager Salary - ₹5.5 Lakhs to ₹15.5 Lakhs per year
  • L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year
What is the salary of a Business Development Manager in companies similar to Muthoot Capital Services in India?
  • Sharekhan Business Development Manager Salary - ₹7.6 Lakhs to ₹11.8 Lakhs per year
  • ICICI Securities Business Development Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year
  • ICICI Bank Business Development Manager Salary - ₹2.1 Lakhs to ₹8.9 Lakhs per year
  • HDFC Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
  • Mahindra Finance Business Development Manager Salary - ₹2.3 Lakhs to ₹9.7 Lakhs per year
What is the estimated take home salary of a Business Development Manager at Muthoot Capital Services in India?
The estimated take-home salary of a Business Development Manager at Muthoot Capital Services ranges between ₹25,350 per month to ₹26,783 per month in India. The take-home salary calculation is based on the average Muthoot Capital Services Business Development Manager salary in India which ranges between ₹2.7 Lakhs to ₹4.3 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?
What is the notice period for Business Development Manager at Muthoot Capital Services?
According to AmbitionBox, 60% of the Muthoot Capital Services Business Development Managers reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Capital Services Business Development Manager salary in India ranges between ₹2.7 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Muthoot Capital Services latest salaries received from various employees of Muthoot Capital Services.