Monthly In-hand Salary
44% less than the average Business Development Manager Salary in NBFC Companies for 4 - 10 years of experience
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Salaries in different departments
Sales & Business Development
Business Development Manager Salary
4 - 10
years
exp.
(21
salaries)
|  ₹2.7 L/yr - ₹5.5 L/yr |
BFSI, Investments & Trading
Business Development Manager Salary
4 - 8
years
exp.
(8
salaries)
| ₹3.5 L/yr - ₹6.3 L/yr |
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| |
Finance & Accounting
Business Development Manager Salary
4 - 7
years
exp.
(5
salaries)
| ₹2.4 L/yr - ₹4 L/yr |
Marketing & Communication
Business Development Manager Salary
4 - 10
years
exp.
(4
salaries)
| ₹3 L/yr - ₹6.1 L/yr |
Companies similar to Muthoot Finance for Business Development Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 SK Finance Limited Business Development Manager Salary
2 - 10 years exp. (78 salaries) | ₹2.6 L/yr - ₹6.8 L/yr 
9%
less | |
 IIFL Finance Business Development Manager Salary
0 - 10 years exp. (44 salaries) | ₹1.9 L/yr - ₹8 L/yr 
7%
more | |
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| ||
 Ess Kay Fincorp Business Development Manager Salary
4 - 10 years exp. (40 salaries) | ₹2.5 L/yr - ₹5.5 L/yr
7%
less | |
 Shriram Finance Business Development Manager Salary
0 - 9 years exp. (36 salaries) | ₹2 L/yr - ₹4.3 L/yr
33%
less | |
 Mahindra Finance Business Development Manager Salary
2 - 8 years exp. (21 salaries) | ₹2.3 L/yr - ₹10.2 L/yr
32%
more | |
 Capri Global Capital Business Development Manager Salary
0 - 12 years exp. (19 salaries) | ₹2.5 L/yr - ₹5 L/yr
17%
less | |
 CreditAccess Grameen Business Development Manager Salary
2 - 11 years exp. (19 salaries) | ₹2.2 L/yr - ₹4.8 L/yr
22%
less | |
 HDB Financial Services Business Development Manager Salary
1 - 4 years exp. (15 salaries) | ₹1.8 L/yr - ₹4.1 L/yr
40%
less | |
 Sundaram Finance Business Development Manager Salary
4 - 10 years exp. (13 salaries) | ₹4.8 L/yr - ₹11 L/yr
55%
more | |
 L&T Finance Business Development Manager Salary
2 - 5 years exp. (7 salaries) | ₹8.1 L/yr - ₹13.4 L/yr
116%
more | |
 Muthoot Fincorp Business Development Manager Salary
3 - 11 years exp. (7 salaries) | ₹2.5 L/yr - ₹6 L/yr
21%
less | |
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| ||
 LendingKart Business Development Manager Salary
2 - 6 years exp. (6 salaries) | ₹2.2 L/yr - ₹3.7 L/yr
25%
less | |
 Sammaan Capital Limited Business Development Manager Salary
3 - 6 years exp. (6 salaries) | ₹3 L/yr - ₹6.5 L/yr
8%
less | |
 Poonawalla Fincorp Business Development Manager Salary
3 - 16 years exp. (6 salaries) | ₹10 L/yr - ₹12 L/yr
152%
more | |
 PNB Housing Finance Business Development Manager Salary
1 - 6 years exp. (5 salaries) | ₹7 L/yr - ₹12 L/yr
108%
more | |
 TVS Credit Business Development Manager Salary
2 - 30 years exp. (4 salaries) | ₹6 L/yr - ₹15 L/yr
150%
more | |
 Aavas Financiers Business Development Manager Salary
2 - 13 years exp. (4 salaries) | ₹1.9 L/yr - ₹7 L/yr
6%
more | |
 Bajaj Finance Business Development Manager Salary
4 - 5 years exp. (4 salaries) | ₹2.5 L/yr - ₹4.8 L/yr
7%
less | |
 SMFG India Credit Business Development Manager Salary
0 - 10 years exp. (4 salaries) | ₹2.7 L/yr - ₹3.5 L/yr
29%
less | |
 Bharat Financial Inclusion Business Development Manager Salary
1 - 15 years exp. (3 salaries) | ₹1 L/yr - ₹7.2 L/yr
7%
less | |
Latest annual salaries shared by Muthoot Finance Business Development Manager
Experience wise Muthoot Finance Business Development Manager salaries
Last Updated: 5 Apr 2025
| Experience | Avg Annual Salary |
|---|---|
| 4 years (7 salaries) |
₹3
L/yr
- ₹6.1
L/yr
|
| 5 years (12 salaries) |
₹2.4
L/yr
- ₹5.5
L/yr
|
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| |
| 6 years (7 salaries) |
₹2.4
L/yr
- ₹5.5
L/yr
|
| 7 years (3 salaries) |
₹3.5
L/yr
- ₹4.8
L/yr
|
| 8 years (6 salaries) |
₹2.7
L/yr
- ₹6.3
L/yr
|
Similar Designation salaries in Muthoot Finance
Top skills at Muthoot Finance for Business Development Manager
Salary related reviews for Muthoot Finance
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Top trending discussions
Muthoot Finance Business Development Manager Salary FAQs
The top 10% of Business Development Manager at Muthoot Finance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Business Development Manager 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 40+ Muthoot Finance employees in India.
- - Business Development
- - Sales
- - Business Development Management
- - Team Handling
- - Personal Loans
These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.
| Poonawalla Fincorp | ₹10.0 Lakhs to ₹12.0 Lakhs per year |
| TVS Credit | ₹6.0 Lakhs to ₹15.0 Lakhs per year |
| Spandana Sphoorty Financial | ₹8.0 Lakhs to ₹10.0 Lakhs per year |
| L&T Finance | ₹8.1 Lakhs to ₹13.4 Lakhs per year |
| PNB Housing Finance | ₹7.0 Lakhs to ₹12.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.
| Sundaram Finance | ₹4.8 Lakhs to ₹11.0 Lakhs per year |
| Mahindra Finance | ₹2.3 Lakhs to ₹10.2 Lakhs per year |
| IIFL Finance | ₹1.9 Lakhs to ₹8.0 Lakhs per year |
| Aavas Financiers | ₹1.9 Lakhs to ₹7.0 Lakhs per year |
| Bajaj Finance | ₹2.5 Lakhs to ₹4.8 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.
| Experience | Average Salary Range |
|---|---|
| 4 years | ₹3.0 Lakhs to ₹6.1 Lakhs per year |
| 5 years | ₹2.4 Lakhs to ₹5.5 Lakhs per year |
| 6 years | ₹2.4 Lakhs to ₹5.5 Lakhs per year |
| 7 years | ₹3.5 Lakhs to ₹4.8 Lakhs per year |
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Muthoot Finance Business Development Manager Salaries by Location
- Muthoot Finance Business Development Manager salaries in New Delhi
- Muthoot Finance Business Development Manager salaries in Bangalore / Bengaluru
- Muthoot Finance Business Development Manager salaries in Kozhikode
- Muthoot Finance Business Development Manager salaries in Pune
- Muthoot Finance Business Development Manager salaries in Bhopal
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Muthoot Finance Business Development Manager salary
in
India
ranges between ₹2.4
Lakhs to ₹6.3
Lakhs with an average annual salary of
₹. Salary estimates are based on
40
Muthoot Finance latest salaries received from various employees of
Muthoot Finance.