Muthoot Fincorp Business Development Associate Salaries by 3 Employees (Updated 2025)

0 - 4 years exp.

₹1.5 Lakh - ₹4 Lakhs

Low Confidence

Salary of majority employees

49% 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 7% 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

Similar Designation salaries in Muthoot Fincorp

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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

Salary - Excellent

+6 more

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.

Salary - Good

+6 more

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

Skill development - Excellent

+5 more

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.

Job security - Poor

+3 more

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.

Salary - Excellent

+3 more

Dislikes

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

Job security - Poor

+1 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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.