Muthoot Finance Regional Business Development Manager Salaries by 7 Employees

0 - 4 years exp.

₹2.4 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

Fixed (80%)

₹2.6 Lakhs

Variable (20%)

₹0.7 Lakh

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
Muthoot Fincorp Regional Business Development Manager Salary 15 - 24 years exp. (5 salaries)	₹11.5 L/yr - ₹17 L/yr 331% more
Pidilite Industries Regional Business Development Manager Salary 2 - 6 years exp. (44 salaries)	₹21 L/yr - ₹34 L/yr 690% more
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Mars Regional Business Development Manager Salary 7 - 20 years exp. (8 salaries)	₹39 L/yr - ₹45 L/yr 1158% more
Crisil Regional Business Development Manager Salary 5 - 11 years exp. (8 salaries)	₹17.4 L/yr - ₹38.5 L/yr 652% more	2 job openings
Oyo Rooms Regional Business Development Manager Salary 3 - 8 years exp. (7 salaries)	₹7 L/yr - ₹16 L/yr 234% 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)	₹2.1 L/yr - ₹2.7 L/yr
1 year (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)	₹3.9 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

(38 salaries)

₹2.65 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)

₹2.64 L/yr - ₹5 L/yr

Business Development Executive Salary

(26 salaries)

₹1.5 L/yr - ₹3.2 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 - ₹8 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

Business Development Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

Good things was it's near to my home and time was flexible and leaves were good

Dislikes

Many things salary is first but never received on time salary everytime and incentives were not given properly no skill development only work like hell and call customer daily but they were not even interested to get benifits and fooling customer by false words work environment was ok because manager and employee misunderstanding more

Salary - Bad

+5 more

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

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Muthoot Finance Regional Business Development Manager Salary FAQs

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

The average salary of a Regional Business Development Manager at Muthoot Finance in India typically ranges from ₹2.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Regional Business Development Manager at Muthoot Finance earn more than ₹4.7 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Regional Business Development Manager Salaries at Muthoot Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 7 Muthoot Finance employees in India.

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 in India typically ranges from ₹23,932 to ₹25,386 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 7 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Regional Business Development Manager at Muthoot Finance ?

To be a Regional Business Development Manager at Muthoot Finance in india, the key skills required include:

- Sales
- New Business Development
- Key Account Management
- channel management
- B2B Sales

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Regional Business Development Manager in India?

Mars	₹39.0 Lakhs to ₹45.0 Lakhs per year
Pidilite Industries	₹21.0 Lakhs to ₹34.0 Lakhs per year
Crisil	₹17.4 Lakhs to ₹38.5 Lakhs per year
Muthoot Fincorp	₹11.5 Lakhs to ₹17.0 Lakhs per year
Oyo Rooms	₹7.0 Lakhs to ₹16.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.

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

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

Experience	Average Salary Range
Fresher	₹2.1 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.4 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹3.4 Lakhs to ₹4.4 Lakhs per year

and so on.

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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.