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Muthoot Finance Business Development Associate salaries in India

Annual salary range
0 - 7 years exp.
₹2.6 Lakhs - ₹5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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25% less than the average Business Development Associate Salary in NBFC Companies for 0 - 7 years of experience

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Last Updated: 25 Sep 2024

Companies similar to Muthoot Finance for Business Development Associate

Company name Avg Annual Salary Open Jobs
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₹2.4 L/yr - ₹3.2 L/yr

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₹2.5 L/yr - ₹3 L/yr

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₹2.1 L/yr - ₹3.5 L/yr

arrow icon 34% less
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₹2 L/yr - ₹5.5 L/yr

arrow icon 22% less
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₹2.4 L/yr - ₹2.8 L/yr

arrow icon 40% less
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₹1.5 L/yr - ₹4 L/yr

arrow icon 33% less
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₹2 L/yr - ₹2.8 L/yr

arrow icon 37% less
Business Development Associate salary at Muthoot Finance ranges between ₹2.6 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Business Development Associate

6mo ago
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2 years exp.
7mo ago
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1 year exp.
10mo ago
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5 years exp.
11mo ago
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5 months exp.
1y ago
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7 years exp.

Experience wise Muthoot Finance Business Development Associate salaries

Last Updated: 25 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.5 L/yr
2 years (AmbitionBox Estimate)

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₹4 L/yr - ₹8.1 L/yr
3 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
View all

Similar Designation salaries in Muthoot Finance

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₹1.63 L/yr - ₹4 L/yr
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₹2.65 L/yr - ₹6.25 L/yr
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₹1.5 L/yr - ₹3.2 L/yr
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.9 L/yr - ₹3.7 L/yr
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₹1.8 L/yr - ₹3.74 L/yr
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₹3.5 L/yr - ₹6 L/yr
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₹1.7 L/yr - ₹2.4 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Medical Representative Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Muthoot Finance

1.0

Rated by 2 employees for salary & benefits

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

read more
  • Salary - Bad
  • +5 more

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

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 10 Jan 2025

2.0
 for  Salary and Benefits

Likes

I like working style very flexible and easy targets achievement.

  • Skill development - Excellent
  • +3 more

Dislikes

I am working since Jan-2021. But my salary not increased I have already told to HR and my Boss but he saying salary not increased in third party payroll

read more
  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 29 Jun 2022

3.0
 for  Salary and Benefits

Likes

Hi, i am working off role in muthoot finance ltd. I think payrole management is very good and working time table best. Work culture and all staff friendly.

read more
  • Work satisfaction - Good
  • +1 more

Dislikes

I am working offrole this company so off role staff salary credit 7th of every month but payroll staff salary month end before 31th.

read more

Full Time

 · 

Sales Department

4.0
  •  posted on 09 Jul 2019

4.0
 for  Salary and Benefits

Likes

Muthoot is the most trustable company of gold lone and other financial product.it is the biggest company of gold loan in India and longest in world.

read more
  • Salary - Good
  • +2 more

Dislikes

My work is not justify in my salary.muthoot salery is below then other nbfc company

read more
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Muthoot Finance Business Development Associate Salary FAQs

What is the salary of Business Development Associate at Muthoot Finance ?
The average salary of a Business Development Associate at Muthoot Finance in India typically ranges from ₹2.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Associate at Muthoot Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Business Development Associate Salaries at Muthoot Finance 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 5 Muthoot Finance employees in India.
What is the estimated take home salary of a Business Development Associate at Muthoot Finance in India?
The estimated take-home salary of a Business Development Associate at Muthoot Finance in India typically ranges from ₹31,118 to ₹32,415 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹5.0 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 5 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Business Development Associate in companies similar to Muthoot Finance in India?
The salary of a Business Development Associate at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹2.0 Lakhs to ₹5.5 Lakhs per year
Muthoot Fincorp ₹1.5 Lakhs to ₹4.0 Lakhs per year
Mahindra Finance ₹2.1 Lakhs to ₹3.5 Lakhs per year
Sundaram Finance ₹2.4 Lakhs to ₹3.2 Lakhs per year
HDB Financial Services ₹2.5 Lakhs to ₹3.0 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 Associate at Muthoot Finance in India?
The salary growth for a Business Development Associate at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Business Development Associate can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹5.0 Lakhs per year
1 year ₹4.5 Lakhs to ₹8.5 Lakhs per year
2 years ₹4.0 Lakhs to ₹8.1 Lakhs per year
3 years ₹3.9 Lakhs to ₹4.9 Lakhs per year
and so on.

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Muthoot Finance Business Development Associate salary in India ranges between ₹2.6 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.