Muthoot Finance Regional Business Development Manager Salaries by 7 Employees (Updated 2024)

0 - 4 years exp.

₹2.4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

82% less than the average Regional Business Development Manager Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Regional Business Development Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.5 L/yr
Sales & Business Development Regional Business Development Manager Salary 1 - 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5 L/yr
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Marketing & Communication Regional Business Development Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

Last Updated: 10 Apr 2024

Companies similar to Muthoot Finance for Regional Business Development Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Regional Business Development Manager Salary 6 - 15 years exp. (4 salaries)	₹4.6 L/yr - ₹15 L/yr 189% more
Muthoot Fincorp Regional Business Development Manager Salary 15 - 24 years exp. (5 salaries)	₹11.5 L/yr - ₹17 L/yr 331% more
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Pidilite Industries Regional Business Development Manager Salary 2 - 18 years exp. (71 salaries)	₹20 L/yr - ₹34 L/yr 688% more	1 job opening
Crisil Regional Business Development Manager Salary 5 - 16 years exp. (10 salaries)	₹17.4 L/yr - ₹26 L/yr 569% more	3 job openings
Mars Regional Business Development Manager Salary 7 - 20 years exp. (8 salaries)	₹39 L/yr - ₹45 L/yr 1158% more

Regional Business Development Manager salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Regional Business Development Manager salaries

Last Updated: 10 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.6 L/yr
1 year (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr

Similar Designation salaries in Muthoot Finance

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Business Development Manager Salary

(20 salaries)

₹2.83 L/yr - ₹6.25 L/yr

Senior Business Development Executive Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Business Development Associate Salary

(5 salaries)

₹2 L/yr - ₹5 L/yr

Business Development Executive Salary

(25 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Regional Manager Salary

(48 salaries)

₹6.8 L/yr - ₹21.5 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.5 L/yr - ₹5.25 L/yr

Senior Sales Manager Salary

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₹2.5 L/yr - ₹9 L/yr

Top skills at Muthoot Finance for Regional Business Development Manager

Sales New Business Development Key Account Management channel management B2B Sales Channel Sales Business Development Management New Market Development Corporate Sales Business Development Area Sales Management Client Meeting gold Sales Management Platinum

Salary related reviews for Muthoot Finance

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

Dislikes

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

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

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.

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

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 .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

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Salary Discussions, Hike & Promotions

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Muthoot Finance Regional Business Development Manager Salary FAQs

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

Regional Business Development Manager salary at Muthoot Finance in India ranges between ₹2.4 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 82% less than the average Regional Business Development Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Regional Business Development Manager at Muthoot Finance is 82% less than the average salary of a Regional Business Development Manager in India. To know exact salary insights, login to view.

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

Sales, New Business Development, Key Account Management, channel management and B2B Sales are some of the popular skills required to work as a Regional Business Development Manager at Muthoot Finance India.

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

Mars Regional Business Development Manager Salary - ₹39.0 Lakhs to ₹45.0 Lakhs per year
Pidilite Industries Regional Business Development Manager Salary - ₹20.0 Lakhs to ₹34.0 Lakhs per year
Crisil Regional Business Development Manager Salary - ₹17.4 Lakhs to ₹26.0 Lakhs per year
Muthoot Fincorp Regional Business Development Manager Salary - ₹11.5 Lakhs to ₹17.0 Lakhs per year
ICICI Bank Regional Business Development Manager Salary - ₹4.6 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a Regional Business Development Manager at Muthoot Finance ranges between ₹23,932 per month to ₹25,386 per month in India. The take-home salary calculation is based on the average Muthoot Finance Regional Business Development Manager salary in India which ranges between ₹2.4 Lakhs to ₹5.0 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 Regional Business Development Manager at Muthoot Finance?

According to AmbitionBox, 50% of the Muthoot Finance Regional Business Development Managers reported a notice period of 3 Months, 50% reported a notice period of More than 3 months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Regional Business Development Manager Salaries

Muthoot Finance Regional Business Development Manager salary in India ranges between ₹2.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Finance latest salaries received from various employees of Muthoot Finance.