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Muthoot Finance

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3.6

based on 4.8k Reviews

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Muthoot Finance Business Development Officer salaries in Chennai

Annual salary range
0 - 8 years exp.
₹1.8 Lakh - ₹2.6 Lakhs
Salary of majority employees
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29% less than the average Business Development Officer Salary in NBFC Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Business Development Officer Salary
Fresher (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.6 L/yr

Sales & Business Development
Business Development Officer Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.6 L/yr

Last Updated: 22 Dec 2024

Companies similar to Muthoot Finance for Business Development Officer in Chennai

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Muthoot Finance Business Development Officer Salary

0 - 8 years exp. (4 salaries)

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₹1.8 L/yr - ₹2.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹1.7 L/yr - ₹3 L/yr

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₹1.5 L/yr - ₹3 L/yr

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₹1.7 L/yr - ₹4 L/yr

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5 job openings
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₹3 L/yr - ₹4.5 L/yr

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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 77% more
Business Development Officer salary at Muthoot Finance ranges between ₹1.8 Lakh to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Business Development Officer in Chennai

3d ago
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8 years exp.
4mo ago
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7 years exp.
6mo ago
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4 months exp.
7mo ago
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6 months exp.

Experience wise Muthoot Finance Business Development Officer salaries in Chennai

Last Updated: 22 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.6 L/yr
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
3 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.8 L/yr
View all

Similar Designation salaries in Muthoot Finance

Sales Executive Salary
(10 salaries)
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₹2 L/yr - ₹3 L/yr
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₹2.46 L/yr - ₹3.5 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

5.0

Rated by 1 employees for salary & benefits

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

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.

read more

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.

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Dislikes

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

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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

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Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

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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

read 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.

read more

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

read more
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Muthoot Finance Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Muthoot Finance Chennai?
Business Development Officer salary at Muthoot Finance in Chennai ranges between ₹1.8 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 29% less than the average Business Development Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Chennai.
How does the salary of a Business Development Officer at Muthoot Finance Chennai compare with the average salary range for this job?
The average salary of a Business Development Officer at Muthoot Finance is 29% less than the average salary of a Business Development Officer in Chennai. 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 Chennai.
Which similar companies are paying more than Muthoot Finance to a Business Development Officer in Chennai?
  • Tci Freight Business Development Officer Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year
  • Karur Vysya Bank Business Development Officer Salary - ₹3.0 Lakhs to ₹4.5 Lakhs per year
  • Equitas Small Finance Bank Business Development Officer Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Business Development Officer in companies similar to Muthoot Finance in Chennai?
  • HDFC Bank Business Development Officer Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
  • ICICI Bank Business Development Officer Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Business Development Officer at Muthoot Finance in Chennai?
The estimated take-home salary of a Business Development Officer at Muthoot Finance ranges between ₹17,066 per month to ₹18,773 per month in Chennai. 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 ₹2.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Business Development Officer at Muthoot Finance in Chennai?
According to AmbitionBox, 75% of the Muthoot Finance Business Development Officers in Chennai reported a notice period of 15 days or less, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Business Development Officer salary in Chennai ranges between ₹1.8 Lakh to ₹2.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.