Muthoot Finance New Delhi Business Development Manager Salaries by 5 Employees (Updated 2024)

4 - 9 years exp.

₹3.5 Lakhs - ₹5.5 Lakhs

Salary of majority employees

37% less than the average Business Development Manager Salary in NBFC Companies for 4 - 9 years of experience

Interested in this particular role?

Last Updated: 15 Dec 2024

Companies similar to Muthoot Finance for Business Development Manager in New Delhi

Muthoot Finance Business Development Manager Salary

4 - 9 years exp. (5 salaries)

₹3.5 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Manager Salary 2 - 12 years exp. (8 salaries)	₹3.5 L/yr - ₹12 L/yr 50% more
ICICI Bank Business Development Manager Salary 1 - 10 years exp. (13 salaries)	₹2.1 L/yr - ₹9.1 L/yr 5% more
Login to view exact salary
Kotak Mahindra Bank Business Development Manager Salary 3 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹4.9 L/yr 7% less
Axis Bank Business Development Manager Salary 0 - 7 years exp. (10 salaries)	₹2 L/yr - ₹5.5 L/yr 17% less
Yes Bank Business Development Manager Salary 4 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹9.6 L/yr 20% more
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (202 salaries)	₹2 L/yr - ₹5 L/yr 16% less	8 job openings
IDFC FIRST Bank Business Development Manager Salary 2 - 7 years exp. (6 salaries)	₹2.6 L/yr - ₹3 L/yr 37% less
IIFL Finance Business Development Manager Salary 1 - 9 years exp. (7 salaries)	₹1.9 L/yr - ₹6 L/yr 3% more
HDB Financial Services Business Development Manager Salary 1 - 5 years exp. (3 salaries)	₹2.1 L/yr - ₹2.5 L/yr 47% less

Business Development Manager salary at Muthoot Finance ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Business Development Manager salaries in New Delhi

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹8.4 L/yr

View all

Similar Designation salaries in Muthoot Finance

Business Development Executive Salary

(5 salaries)

₹2.2 L/yr - ₹2.75 L/yr

Top skills at Muthoot Finance for Business Development Manager

Business Development Sales Business Development Management Team Handling Personal Loans Channel Partner Management Relationship Management Team Management Lead Management Gold Loan Sales Planning Client Relationship Management Selling Skills Problem Solving Customer Engagement

Salary related reviews for Muthoot Finance

5.0

Rated by 2 employees for salary & benefits

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

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.

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

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

Senior Business Development Manager in Lucknow

Full Time

Sales Department

1.0

• posted on 22 Mar 2019

1.0

for Salary and Benefits

Likes

Worst management. Poor growth. Join only when you do not have any other option or if you are a malyali then only u can join.

Dislikes

Every thing is very bad and poor in terms of growth, salary, timing, culture.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about Muthoot Finance?

Ask anonymously on communities.

Muthoot Finance Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Muthoot Finance New Delhi?

Business Development Manager salary at Muthoot Finance in New Delhi ranges between ₹3.5 Lakhs to ₹5.5 Lakhs for experience between 4 years to 9 years. According to our estimates it is 37% less than the average Business Development Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance New Delhi.

How does the salary of a Business Development Manager at Muthoot Finance New Delhi compare with the average salary range for this job?

The average salary of a Business Development Manager at Muthoot Finance is 37% less than the average salary of a Business Development Manager in New Delhi. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Muthoot Finance?

Business Development, Sales, Business Development Management, Team Handling and Personal Loans are some of the popular skills required to work as a Business Development Manager at Muthoot Finance New Delhi.

Which similar companies are paying more than Muthoot Finance to a Business Development Manager in New Delhi?

HDFC Bank Business Development Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year
Yes Bank Business Development Manager Salary - ₹3.5 Lakhs to ₹9.6 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹2.1 Lakhs to ₹9.1 Lakhs per year
IIFL Finance Business Development Manager Salary - ₹1.9 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Muthoot Finance in New Delhi?

Kotak Mahindra Bank Business Development Manager Salary - ₹2.5 Lakhs to ₹4.9 Lakhs per year
IndusInd Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
Axis Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
IDFC FIRST Bank Business Development Manager Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services Business Development Manager Salary - ₹2.1 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Muthoot Finance in New Delhi?

The estimated take-home salary of a Business Development Manager at Muthoot Finance ranges between ₹33,989 per month to ₹35,244 per month in New Delhi. The take-home salary calculation is based on the average Muthoot Finance Business Development Manager salary in India which ranges between ₹3.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Business Development Manager at Muthoot Finance in New Delhi?

According to AmbitionBox, 60% of the Muthoot Finance Business Development Managers in New Delhi reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Muthoot Finance Salaries >
Muthoot Finance Business Development Manager Salaries >
Muthoot Finance Business Development Manager Salaries in New Delhi

Muthoot Finance Business Development Manager salary in New Delhi ranges between ₹3.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Business Development Manager salaries in New Delhi

Companies similar to Muthoot Finance for Business Development Manager in New Delhi

Latest annual salaries shared by Muthoot Finance Business Development Manager in New Delhi

Experience wise Muthoot Finance Business Development Manager salaries in New Delhi

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Business Development Manager

Salary related reviews for Muthoot Finance

Branch Manager in New Delhi

Deputy Manager in Bhubaneswar

Branch Manager in Bhubaneswar

Branch Manager in Bhuj

Senior Business Development Manager in Lucknow

Muthoot Finance Business Development Manager Salary FAQs

Tell us how to improve this page.