Muthoot Finance Branch Development Officer Salaries by 2 Employees (Updated 2025)

2 - 6 years exp.

₹1.6 Lakh - ₹2 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 25 Sep 2024

Companies similar to Muthoot Finance for Branch Development Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Development Officer Salary 0 - 4 years exp. (19 salaries)	₹1.5 L/yr - ₹3.5 L/yr 24% more
Equitas Small Finance Bank Branch Development Officer Salary 2 - 6 years exp. (8 salaries)	₹2.3 L/yr - ₹3.5 L/yr 49% more
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Fusion Microfinance Branch Development Officer Salary 1 - 5 years exp. (5 salaries)	₹2.8 L/yr - ₹3.2 L/yr 65% more
Sundaram Home Finance Branch Development Officer Salary 6 - 11 years exp. (4 salaries)	₹3.9 L/yr - ₹5 L/yr 129% more
Stock Holding Corporation of India Branch Development Officer Salary 6 - 15 years exp. (3 salaries)	₹1.6 L/yr - ₹2.3 L/yr 10% more

Branch Development Officer salary at Muthoot Finance ranges between ₹1.6 Lakh to ₹2 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 2 latest salaries received from various employees of Muthoot Finance.

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Salary related reviews for Muthoot Finance

Business Development Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

Good things was it's near to my home and time was flexible and leaves were good

Dislikes

Many things salary is first but never received on time salary everytime and incentives were not given properly no skill development only work like hell and call customer daily but they were not even interested to get benifits and fooling customer by false words work environment was ok because manager and employee misunderstanding more

Salary - Bad

+5 more

Sales Manager in Kochi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

Skill development - Bad

+5 more

Deputy Manager in Rae Bareli

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2024

3.0

for Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

Skill development - Good

+4 more

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

Promotions - Poor

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Salary - Bad

+6 more

Business Development Executive

Other Department

1.0

• posted on 25 Oct 2018

1.0

for Salary and Benefits

Likes

...s job is a just like govt job you are a brother inlow of Muthoot you are a boss. Also company provide cheap salary That the point I feel in this company.

Dislikes

I already write about company again I want to say you that if you leave this company company not provide experience certificate and Releiving letter.

Salary - Bad

+6 more

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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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Muthoot Finance Branch Development Officer Salary FAQs

What is the notice period for Branch Development Officer at Muthoot Finance?

According to AmbitionBox, 100% of the Muthoot Finance Branch Development Officers reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Branch Development Officer Salaries

Muthoot Finance Branch Development Officer salary in India ranges between ₹1.6 Lakh to ₹2 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.