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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 India

based on 62 latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
0 - 6 years exp. (62 salaries)
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₹1.7 L/yr - ₹3.5 L/yr

2 - 18 years exp. (532 salaries)
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₹1.8 L/yr - ₹7.5 L/yr

1 job opening
0 - 15 years exp. (81 salaries)
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₹3.6 L/yr - ₹8.9 L/yr

0 - 13 years exp. (69 salaries)
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₹1.4 L/yr - ₹4 L/yr

Starting your career? Discover Muthoot Finance fresher salaries in India
11 - 21 years exp. (48 salaries)
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₹6.8 L/yr - ₹21.5 L/yr

2 - 10 years exp. (31 salaries)
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₹3 L/yr - ₹6.3 L/yr

5 job openings
0 - 7 years exp. (25 salaries)
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₹1.5 L/yr - ₹3.5 L/yr

1 - 30 years exp. (23 salaries)
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₹1.8 L/yr - ₹3.4 L/yr

5 - 9 years exp. (20 salaries)
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₹2.8 L/yr - ₹6.3 L/yr

3 - 13 years exp. (11 salaries)
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₹2.4 L/yr - ₹6.4 L/yr

4 - 21 years exp. (6 salaries)
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₹2.5 L/yr - ₹9 L/yr

10 - 18 years exp. (6 salaries)
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₹3.5 L/yr - ₹8.8 L/yr

0 - 7 years exp. (5 salaries)
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₹2 L/yr - ₹5 L/yr

1 - 5 years exp. (4 salaries)
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₹2.5 L/yr - ₹5.3 L/yr

3 - 4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3 L/yr

11 - 12 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.3 L/yr

4 - 8 years exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

6 - 12 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹7.6 L/yr

15 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

6 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

Last Updated: 6 Jan, 2025

Salary related reviews for Muthoot Finance

3.6

Rated by 26 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

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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

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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 Salary FAQs

How much does Muthoot Finance pay per year?
The average Muthoot Finance salary ranges from approximately ₹0.9 Lakh to ₹1.2 Lakh per year for a Finance Intern and ₹13 Lakhs to ₹27 Lakhs per year for a Zonal Credit Manager. Salary estimates are based on 62 Muthoot Finance salaries received from various employees of Muthoot Finance. Muthoot Finance employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Muthoot Finance?
The highest-paying job at Muthoot Finance is a Zonal Credit Manager with a salary of ₹13 Lakhs to ₹27 Lakhs per year. The top 10% of employees earn more than ₹5 lakhs per year. The top 1% earn more than a whopping ₹15 lakhs per year.
What is the minimum salary in Muthoot Finance?
Minimum salary at Muthoot Finance depends on the role you are applying for. For Customer Care Executive the minimum salary is ₹1 Lakh to ₹4 Lakhs per year, and for Probationary Officer the minimum salary is ₹1.8 Lakh to ₹3.5 Lakhs per year and so on.
What is the salary package for freshers in Muthoot Finance?
The average salary at Muthoot Finance for freshers varies from ₹0.9 Lakh to ₹1.2 Lakh per year for Finance Intern and ₹3.5 Lakhs to ₹4.8 Lakhs per year for Credit Manager.
What is the notice period for Business Development Officer at Muthoot Finance?
According to AmbitionBox, 73% of the Muthoot Finance Business Development Officers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 48 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary for Business Development Officer in Muthoot Finance is INRunlock blur . Salary estimates are based on 62 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

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