Muthoot Finance Pune Business Development Manager Salaries by 4 Employees (Updated 2025)

4 - 5 years exp.

₹4 Lakhs - ₹6.1 Lakhs

Salary of majority employees

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34% less than the average Business Development Manager Salary in NBFC Companies for 4 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 4 - 5 years exp. (3 salaries)	Unlock ₹4 L/yr - ₹5 L/yr
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Marketing & Communication Business Development Manager Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹6.1 L/yr

Last Updated: 17 Jul 2024

Companies similar to Muthoot Finance for Business Development Manager in Pune

Muthoot Finance Business Development Manager Salary

4 - 5 years exp. (4 salaries)

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₹4 L/yr - ₹6.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Manager Salary 2 - 13 years exp. (8 salaries)	Unlock ₹5 L/yr - ₹11 L/yr 71% more
ICICI Bank Business Development Manager Salary 1 - 8 years exp. (7 salaries)	Unlock ₹5 L/yr - ₹11.4 L/yr 53% more
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Kotak Mahindra Bank Business Development Manager Salary 3 - 10 years exp. (7 salaries)	Unlock ₹2.5 L/yr - ₹9 L/yr 4% less
Axis Bank Business Development Manager Salary 0 - 8 years exp. (8 salaries)	Unlock ₹1.6 L/yr - ₹5.5 L/yr 5% less
IndusInd Bank Business Development Manager Salary 0 - 8 years exp. (143 salaries)	Unlock ₹2 L/yr - ₹5 L/yr 16% less	27 job openings
Tata Capital Business Development Manager Salary 2 - 3 years exp. (3 salaries)	Unlock ₹11.4 L/yr - ₹15.5 L/yr 160% more
IIFL Finance Business Development Manager Salary 1 - 10 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹6.5 L/yr 4% less

Business Development Manager salary at Muthoot Finance ranges between ₹4 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Business Development Manager salaries in Pune

Last Updated: 17 Jul 2024

Experience	Avg Annual Salary
4 years (3 salaries)	Unlock ₹4 L/yr - ₹6.1 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹8.1 L/yr

Similar Designation salaries in Muthoot Finance

Sales Manager Salary

(6 salaries)

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₹3 L/yr - ₹5.54 L/yr

Assistant Branch Manager Salary

(4 salaries)

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₹4.5 L/yr - ₹5.65 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

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

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 .

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Business Development Manager Salary FAQs

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

Business Development Manager salary at Muthoot Finance in Pune ranges between ₹4.0 Lakhs to ₹6.1 Lakhs for experience between 4 years to 5 years. According to our estimates it is 34% less than the average Business Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Pune.

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

The average salary of a Business Development Manager at Muthoot Finance is 34% less than the average salary of a Business Development Manager in Pune. 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 Pune.

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

Tata Capital Business Development Manager Salary - ₹11.4 Lakhs to ₹15.5 Lakhs per year
HDFC Bank Business Development Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
ICICI Bank Business Development Manager Salary - ₹5.0 Lakhs to ₹11.4 Lakhs per year

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

Kotak Mahindra Bank Business Development Manager Salary - ₹2.5 Lakhs to ₹9.0 Lakhs per year
IIFL Finance Business Development Manager Salary - ₹2.7 Lakhs to ₹6.5 Lakhs per year
Axis Bank Business Development Manager Salary - ₹1.6 Lakhs to ₹5.5 Lakhs per year
IndusInd Bank Business Development Manager Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Business Development Manager at Muthoot Finance ranges between ₹34,505 per month to ₹35,752 per month in Pune. The take-home salary calculation is based on the average Muthoot Finance Business Development Manager salary in India which ranges between ₹4.0 Lakhs to ₹6.1 Lakhs per year for employees with experience between 4 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Finance Business Development Managers in Pune reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Business Development Manager Salaries in Pune

Muthoot Finance Business Development Manager salary in Pune ranges between ₹4 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.