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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 Hyderabad / Secunderabad

Annual salary range
0 - 6 years exp.
₹1.7 Lakh - ₹3.5 Lakhs
Salary of majority employees
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32% less than the average Business Development Officer Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Business Development Officer Salary
0 - 2 years exp. (4 salaries)
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₹1.7 L/yr - ₹2.4 L/yr

Sales & Business Development
Business Development Officer Salary
1 - 4 years exp. (4 salaries)
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₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 8 Jan 2025

Companies similar to Muthoot Finance for Business Development Officer in Hyderabad / Secunderabad

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Muthoot Finance Business Development Officer Salary

0 - 6 years exp. (11 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

vs
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HDFC Bank Business Development Officer Salary

0 - 3 years exp. (13 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

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₹1.8 L/yr - ₹2.7 L/yr

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₹2.6 L/yr - ₹3 L/yr

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₹1.8 L/yr - ₹3 L/yr

arrow icon 4% more
16 job openings
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₹2 L/yr - ₹3 L/yr

arrow icon 1% less
Business Development Officer salary at Muthoot Finance ranges between ₹1.7 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Business Development Officer in Hyderabad / Secunderabad

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Experience wise Muthoot Finance Business Development Officer salaries in Hyderabad / Secunderabad

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.4 L/yr
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹3 L/yr
2 years  (4 salaries)

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₹1.7 L/yr - ₹3.1 L/yr
3 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in Muthoot Finance

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₹2.05 L/yr - ₹4 L/yr
Sales Officer Salary
(4 salaries)
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₹2.2 L/yr - ₹3.4 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 3 employees for salary & benefits

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.

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

read more

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.

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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.

read more

Dislikes

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

read more

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

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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.

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Muthoot Finance Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Muthoot Finance Hyderabad / Secunderabad?
Business Development Officer salary at Muthoot Finance in Hyderabad / Secunderabad ranges between ₹1.7 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 32% less than the average Business Development Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance Hyderabad / Secunderabad.
How does the salary of a Business Development Officer at Muthoot Finance Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Business Development Officer at Muthoot Finance is 32% less than the average salary of a Business Development Officer in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.
Which similar companies are paying more than Muthoot Finance to a Business Development Officer in Hyderabad / Secunderabad?
  • Kotak Mahindra Bank Business Development Officer Salary - ₹2.6 Lakhs to ₹3.0 Lakhs per year
  • Muthoot Fincorp Business Development Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
What is the salary of a Business Development Officer in companies similar to Muthoot Finance in Hyderabad / Secunderabad?
  • HDB Financial Services Business Development Officer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • HDFC Bank Business Development Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
  • ICICI Bank Business Development Officer Salary - ₹1.8 Lakhs to ₹2.7 Lakhs per year
What is the estimated take home salary of a Business Development Officer at Muthoot Finance in Hyderabad / Secunderabad?
The estimated take-home salary of a Business Development Officer at Muthoot Finance ranges between ₹17,305 per month to ₹19,008 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Muthoot Finance Business Development Officer salary in India which ranges between ₹1.7 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Business Development Officer at Muthoot Finance in Hyderabad / Secunderabad?
According to AmbitionBox, 89% of the Muthoot Finance Business Development Officers in Hyderabad / Secunderabad reported a notice period of 15 days or less, 11% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Business Development Officer salary in Hyderabad / Secunderabad ranges between ₹1.7 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Muthoot Finance latest salaries received from various employees of Muthoot Finance.