Muthoot Finance Bangalore / Bengaluru Business Development Officer Salaries by 6 Employees (Updated 2025)

0 - 4 years exp.

₹1.8 Lakh - ₹2.5 Lakhs

Salary of majority employees

35% less than the average Business Development Officer Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Sales & Business Development Business Development Officer Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.6 L/yr
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BFSI, Investments & Trading Business Development Officer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.4 L/yr

Last Updated: 15 Feb 2025

Companies similar to Muthoot Finance for Business Development Officer in Bangalore / Bengaluru

Muthoot Finance Business Development Officer Salary

0 - 4 years exp. (6 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Business Development Officer Salary 0 - 6 years exp. (8 salaries)	₹1.8 L/yr - ₹3 L/yr 13% more
ICICI Bank Business Development Officer Salary 0 - 5 years exp. (18 salaries)	₹1.6 L/yr - ₹3 L/yr 12% more
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Axis Bank Business Development Officer Salary 0 - 5 years exp. (11 salaries)	₹2.1 L/yr - ₹3 L/yr 9% more
Aditya Birla Finance Business Development Officer Salary 3 - 5 years exp. (3 salaries)	₹2.9 L/yr - ₹3.4 L/yr 30% more
CreditAccess Grameen Business Development Officer Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹2.3 L/yr 7% less

Business Development Officer salary at Muthoot Finance ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Business Development Officer salaries in Bangalore / Bengaluru

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Muthoot Finance

Sales Executive Salary

(7 salaries)

₹2.15 L/yr - ₹3.5 L/yr

Business Development Manager Salary

(5 salaries)

₹2.83 L/yr - ₹6.25 L/yr

Top skills at Muthoot Finance for Business Development Officer

Business Development Region Insurance Sales Finance Vehicle Investment Banking Direct Sales Motor Insurance Target Achievement Team Handling Market Development General Insurance Distribution Market Intelligence

Salary related reviews for Muthoot Finance

3.1

Rated by 5 employees for salary & benefits

Business Development Officer in New Delhi

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

Salary - Poor

Business Development Officer in Kolkata

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.

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.

Business Development Officer in New Delhi

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.

Salary - Good

+2 more

Dislikes

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

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

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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

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 my previous org.

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Muthoot Finance Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Muthoot Finance Bangalore / Bengaluru?

Business Development Officer salary at Muthoot Finance in Bangalore / Bengaluru ranges between ₹1.8 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 35% less than the average Business Development Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance Bangalore / Bengaluru.

How does the salary of a Business Development Officer at Muthoot Finance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Business Development Officer at Muthoot Finance is 35% less than the average salary of a Business Development Officer in Bangalore / Bengaluru. To know exact salary insights, login to view.

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

Business Development, Region, Insurance, Sales and Finance are some of the popular skills required to work as a Business Development Officer at Muthoot Finance Bangalore / Bengaluru.

Which similar companies are paying more than Muthoot Finance to a Business Development Officer in Bangalore / Bengaluru?

Aditya Birla Finance Business Development Officer Salary - ₹2.9 Lakhs to ₹3.4 Lakhs per year
HDFC Bank Business Development Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
ICICI Bank Business Development Officer Salary - ₹1.6 Lakhs to ₹3.0 Lakhs per year
Axis Bank Business Development Officer Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year

What is the salary of a Business Development Officer in companies similar to Muthoot Finance in Bangalore / Bengaluru?

CreditAccess Grameen Business Development Officer Salary - ₹2.0 Lakhs to ₹2.3 Lakhs per year

What is the estimated take home salary of a Business Development Officer at Muthoot Finance in Bangalore / Bengaluru?

The estimated take-home salary of a Business Development Officer at Muthoot Finance ranges between ₹16,095 per month to ₹17,757 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Muthoot Finance Business Development Officer salary in India which ranges between ₹1.8 Lakhs to ₹2.5 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 Officer at Muthoot Finance in Bangalore / Bengaluru?

According to AmbitionBox, 83% of the Muthoot Finance Business Development Officers in Bangalore / Bengaluru reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Muthoot Finance Business Development Officer Salaries in Bangalore / Bengaluru

Muthoot Finance Business Development Officer salary in Bangalore / Bengaluru ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Business Development Officer salaries in Bangalore / Bengaluru (Updated 2025)

Companies similar to Muthoot Finance for Business Development Officer in Bangalore / Bengaluru

Latest annual salaries shared by Muthoot Finance Business Development Officer in Bangalore / Bengaluru

Experience wise Muthoot Finance Business Development Officer salaries in Bangalore / Bengaluru

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Business Development Officer

Salary related reviews for Muthoot Finance

Business Development Officer in New Delhi

Business Development Officer in Kolkata

Business Development Officer in New Delhi

Sales Manager in Kochi

Deputy Manager in Rae Bareli

Muthoot Finance Business Development Officer Salary FAQs

Tell us how to improve this page.