Muthoot Fincorp Business Development Associate Salaries by 3 Employees (Updated 2024)

0 - 4 years exp.

₹1.5 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Business Development Associate Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Development Associate Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Sales & Business Development Business Development Associate Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 1 Nov 2024

Companies similar to Muthoot Fincorp for Business Development Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Business Development Associate Salary 1 - 4 years exp. (4 salaries)	₹2.4 L/yr - ₹2.8 L/yr 12% less
Shriram Finance Business Development Associate Salary 0 - 2 years exp. (3 salaries)	₹2 L/yr - ₹2.8 L/yr 7% less
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Mahindra Finance Business Development Associate Salary 3 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3.5 L/yr 3% less
HDB Financial Services Business Development Associate Salary 0 - 4 years exp. (7 salaries)	₹2.5 L/yr - ₹3 L/yr 11% less
Edelweiss Business Development Associate Salary 3 - 6 years exp. (3 salaries)	₹5.1 L/yr - ₹7.2 L/yr 104% more
Sundaram Finance Business Development Associate Salary 0 - 3 years exp. (9 salaries)	₹2.4 L/yr - ₹3 L/yr 6% less
Muthoot Finance Business Development Associate Salary 0 - 7 years exp. (5 salaries)	₹2 L/yr - ₹5 L/yr 22% more
IIFL Finance Business Development Associate Salary 0 - 5 years exp. (4 salaries)	₹2 L/yr - ₹5.5 L/yr 15% more

Business Development Associate salary at Muthoot Fincorp ranges between ₹1.5 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Business Development Associate salaries

Last Updated: 1 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Salary related reviews for Muthoot Fincorp

5.0

Rated by 1 employees for salary & benefits

Business Development Officer in Bhopal

Full Time

Sales & Business Development Department

5.0

• posted on 26 Nov 2024

5.0

for Salary and Benefits

Likes

The company is very good, I like the company a lot but my salary is very low, that's why I am a little angry because my salary is low

Dislikes

I do not want to dislike anything but I want to tell you that I am a business development officer but my salary package is very low. I am working here on a very low salary.

Business Development Executive in Chennai

Full Time

Sales & Business Development Department

5.0

• posted on 22 Nov 2024

4.0

for Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

Business Development Officer in Tiruppur

Full Time

Marketing & Communication Department

5.0

• posted on 22 Nov 2024

3.0

for Salary and Benefits

Likes

Very good culture to develop our skills and knowledge and consistent growth in our life

Dislikes

Need salary hike according to working experience. Then need full salary without other tax deduction except ESI and PF

Business Development Executive in Nellore

Full Time

Sales & Business Development Department

3.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

Company was good and time to we get salary..

Dislikes

I have one year experience in this company what have seen is alot of politics in this area company say target some but they give add some other targets here higher official are not good that why we are suffering lot sir.

Sales Executive in New Delhi

Other Department

4.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Good work experience. Teammates are supportive but seniors are not supportive including HR department. Company policies are good appraisal are not fair they give but very long time.

Dislikes

There is a lot of politics this is true. Management doesn't intrested our issues. Salary and career not growth in this company.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Fincorp Business Development Associate Salary FAQs

What is the notice period for Business Development Associate at Muthoot Fincorp?

According to AmbitionBox, 50% of the Muthoot Fincorp Business Development Associates reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Business Development Associate Salaries

Muthoot Fincorp Business Development Associate salary in India ranges between ₹1.5 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.