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Muthoot Finance Business Development Executive salaries in India (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.5 Lakh - ₹3.2 Lakhs
Salary of majority employees
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38% less than the average Business Development Executive Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Executive Salary
0 - 4 years exp. (7 salaries)
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₹2 L/yr - ₹2.6 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.5 L/yr

Finance & Accounting
Business Development Executive Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹3.2 L/yr

Marketing & Communication
Business Development Executive Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹2.5 L/yr

BFSI, Investments & Trading
Business Development Executive Salary
4 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.8 L/yr

Last Updated: 3 Mar 2025

Companies similar to Muthoot Finance for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹2.7 L/yr

arrow icon 10% more
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HDFC Bank Business Development Executive Salary

0 - 5 years exp. (214 salaries)

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₹1.2 L/yr - ₹4 L/yr

arrow icon 4% less
Logo
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₹0.8 L/yr - ₹5.5 L/yr

arrow icon 5% less
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Axis Bank Business Development Executive Salary

0 - 6 years exp. (777 salaries)

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₹0.9 L/yr - ₹5 L/yr

arrow icon 1% less
1 job opening
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 8% more
Logo
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₹2.2 L/yr - ₹3.8 L/yr

arrow icon 8% more
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₹1.4 L/yr - ₹3.8 L/yr

At par
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₹1.2 L/yr - ₹4 L/yr

arrow icon 7% less
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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 7% more
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₹1 L/yr - ₹4.3 L/yr

arrow icon 3% less
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₹1.6 L/yr - ₹6.5 L/yr

arrow icon 47% more
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₹1.5 L/yr - ₹3 L/yr

arrow icon 10% less
2 job openings
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 10% more
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₹3 L/yr - ₹7 L/yr

arrow icon 87% more
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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 5% less
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₹2.5 L/yr - ₹5 L/yr

arrow icon 28% more
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₹2.2 L/yr - ₹3.2 L/yr

arrow icon 22% more
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₹2.1 L/yr - ₹2.7 L/yr

arrow icon 3% less
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₹2.9 L/yr - ₹4.3 L/yr

arrow icon 45% more
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₹2.3 L/yr - ₹4 L/yr

arrow icon 38% more
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Business Development Executive salary at Muthoot Finance ranges between ₹1.5 Lakh to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Business Development Executive

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Experience wise Muthoot Finance Business Development Executive salaries

Last Updated: 3 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹1.8 L/yr - ₹2.6 L/yr
1 year  (3 salaries)

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₹1.7 L/yr - ₹2.5 L/yr
2 years  (4 salaries)

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₹1.5 L/yr - ₹2.6 L/yr
3 years  (5 salaries)

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₹2 L/yr - ₹2.6 L/yr
4 years  (5 salaries)

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₹2 L/yr - ₹3.2 L/yr

Similar Designation salaries in Muthoot Finance

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₹2.9 L/yr - ₹3.7 L/yr
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₹1.63 L/yr - ₹3.5 L/yr
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₹2 L/yr - ₹5 L/yr
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₹2.7 L/yr - ₹3.5 L/yr
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₹2.83 L/yr - ₹6.25 L/yr
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₹1.8 L/yr - ₹3.74 L/yr
Inside Sales Executive Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Senior Sales Executive Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Sales Executive Salary
(71 salaries)
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₹1.4 L/yr - ₹3.53 L/yr
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₹2 L/yr - ₹5.2 L/yr

Top skills at Muthoot Finance for Business Development Executive

Insurance Sales Business Development Sales Promotions Mutual Funds Sales Management Marketing Business Development Management Relationship Management Insurance Field Sales demat SIP Channel Sales Direct Sales

Salary related reviews for Muthoot Finance

4.5

Rated by 7 employees for salary & benefits

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.

read more

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.

read more
  • Salary - Bad
  • +6 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.

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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 Executive Salary FAQs

What is the salary of Business Development Executive at Muthoot Finance?
Business Development Executive salary at Muthoot Finance in India ranges between ₹1.5 Lakhs to ₹3.2 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 38% less than the average Business Development Executive Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Business Development Executive at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Business Development Executive at Muthoot Finance is 38% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Executive at Muthoot Finance?
Insurance Sales, Business Development, Sales, Promotions and Mutual Funds are some of the popular skills required to work as a Business Development Executive at Muthoot Finance India.
Which similar companies are paying more than Muthoot Finance to a Business Development Executive in India?
  • Tata Capital Housing Finance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.5 Lakhs per year
  • Sundaram Finance Business Development Executive Salary - ₹3.0 Lakhs to ₹7.0 Lakhs per year
  • Mahindra Finance Business Development Executive Salary - ₹1.6 Lakhs to ₹6.5 Lakhs per year
  • Aditya Birla Finance Business Development Executive Salary - ₹2.9 Lakhs to ₹4.3 Lakhs per year
  • Bharat Financial Inclusion Business Development Executive Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Business Development Executive in companies similar to Muthoot Finance in India?
  • TVS Credit Business Development Executive Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year
  • Poonawalla Fincorp Business Development Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
  • IIFL Finance Business Development Executive Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
  • LIC Housing Finance Business Development Executive Salary - ₹2.2 Lakhs to ₹3.2 Lakhs per year
  • SMFG India Credit Business Development Executive Salary - ₹2.2 Lakhs to ₹3.3 Lakhs per year
What is the estimated take home salary of a Business Development Executive at Muthoot Finance in India?
The estimated take-home salary of a Business Development Executive at Muthoot Finance ranges between ₹17,046 per month to ₹18,753 per month in India. The take-home salary calculation is based on the average Muthoot Finance Business Development Executive salary in India which ranges between ₹1.5 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for Business Development Executive at Muthoot Finance?
According to AmbitionBox, 65% of the Muthoot Finance Business Development Executives reported a notice period of 15 days or less, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Muthoot Finance Business Development Executive salary in India ranges between ₹1.5 Lakh to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Muthoot Finance latest salaries received from various employees of Muthoot Finance.