Muthoot Finance Business Developer Salaries by 3 Employees

0 - 1 year exp.

₹1.8 Lakh - ₹2.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

65% less than the average Business Developer Salary in NBFC Companies for 0 - 1 year of experience

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Salaries in different departments

Sales & Business Development Business Developer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.8 L/yr
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Finance & Accounting Business Developer Salary Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 17 Sep 2024

Companies similar to Muthoot Finance for Business Developer

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Business Developer Salary 2 - 3 years exp. (3 salaries)	₹7.2 L/yr - ₹7.8 L/yr 227% more
Bajaj Finance Business Developer Salary 1 - 3 years exp. (3 salaries)	₹0.1 L/yr - ₹0.2 L/yr 94% less
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Flipkart Business Developer Salary 1 - 5 years exp. (81 salaries)	₹3.9 L/yr - ₹15.5 L/yr 285% more
Ceasefire Industries Business Developer Salary 0 - 3 years exp. (68 salaries)	₹3.1 L/yr - ₹5 L/yr 95% more
TradeIndia (Infocom Network Private Limited) Business Developer Salary 0 - 6 years exp. (66 salaries)	₹2.4 L/yr - ₹3.8 L/yr 39% more

Business Developer salary at Muthoot Finance ranges between ₹1.8 Lakh to ₹2.8 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Business Developer salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

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Area Business Manager Salary

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Branch Manager Salary

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Salary related reviews for Muthoot Finance

Rated by 1 employees for salary & benefits

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

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Salary - Good

+2 more

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Job security - Bad

+3 more

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Muthoot Finance Business Developer Salary FAQs

How the salary growth look like for a Business Developer at Muthoot Finance in India?

The salary growth for a Business Developer at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Business Developer can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
Fresher	₹1.6 Lakhs to ₹2.1 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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Muthoot Finance Business Developer Salaries

Muthoot Finance Business Developer salary in India ranges between ₹1.8 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.