Muthoot Finance Business Manager Salaries by Employees

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₹4.1 Lakhs - ₹5.2 Lakhs

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Last Updated: 17 Aug 2024

Companies similar to Muthoot Finance for Business Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Business Manager Salary 6 - 13 years exp. (35 salaries)	₹3 L/yr - ₹9 L/yr 14% more
HDFC Bank Business Manager Salary 2 - 9 years exp. (3 salaries)	₹5.5 L/yr - ₹9 L/yr 97% more
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ICICI Bank Business Manager Salary 0 - 12 years exp. (20 salaries)	₹3.5 L/yr - ₹10 L/yr 32% more
Axis Bank Business Manager Salary 5 - 14 years exp. (78 salaries)	₹4 L/yr - ₹13.5 L/yr 98% more
Kotak Mahindra Bank Business Manager Salary 3 - 14 years exp. (31 salaries)	₹6.8 L/yr - ₹15.4 L/yr 133% more
Tata Capital Business Manager Salary 1 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹6.2 L/yr 28% more
L&T Finance Business Manager Salary 2 - 10 years exp. (233 salaries)	₹3.4 L/yr - ₹9.1 L/yr 41% more
Aavas Financiers Business Manager Salary 3 - 11 years exp. (237 salaries)	₹2.5 L/yr - ₹8 L/yr 26% more	2 job openings
Mahindra Finance Business Manager Salary 3 - 11 years exp. (21 salaries)	₹2.5 L/yr - ₹10.8 L/yr 36% more
IIFL Finance Business Manager Salary 1 - 4 years exp. (5 salaries)	₹5.5 L/yr - ₹7 L/yr 44% more
Bharat Financial Inclusion Business Manager Salary 0 - 24 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 44% less
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SMFG India Credit Business Manager Salary 1 - 8 years exp. (4 salaries)	₹6 L/yr - ₹26.2 L/yr 264% more
Muthoot Fincorp Business Manager Salary 6 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8 L/yr 28% more
TVS Credit Business Manager Salary 10 - 14 years exp. (3 salaries)	₹3 L/yr - ₹5.8 L/yr At par
HDB Financial Services Business Manager Salary 2 - 16 years exp. (3 salaries)	₹3 L/yr - ₹5.3 L/yr 6% less

Business Manager salary at Muthoot Finance ranges between ₹4.1 Lakhs to ₹5.2 Lakhs per year for employees with 6 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Finance.

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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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Finance Business Manager Salary FAQs

How the salary growth look like for a Business Manager at Muthoot Finance in India?

The salary growth for a Business Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Business Manager can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
6 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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Muthoot Finance Business Manager Salaries

Muthoot Finance Business Manager salary in India ranges between ₹4.1 Lakhs to ₹5.2 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.