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4.5

based on 6.3k Reviews

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Muthoot Fincorp Business Development Executive salaries in India

Annual salary range
0 - 5 years exp.
₹1.5 Lakh - ₹3 Lakhs
Salary of majority employees
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44% less than the average Business Development Executive Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Sales & Business Development
Business Development Executive Salary
0 - 5 years exp. (29 salaries)
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₹1.5 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
0 - 3 years exp. (9 salaries)
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₹1.7 L/yr - ₹2.6 L/yr

Finance & Accounting
Business Development Executive Salary
0 - 5 years exp. (9 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 5 years exp. (9 salaries)
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₹1.6 L/yr - ₹3 L/yr

Last Updated: 4 Dec 2024

Companies similar to Muthoot Fincorp for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹5 L/yr

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₹1.4 L/yr - ₹2.7 L/yr

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HDFC Bank Business Development Executive Salary

0 - 5 years exp. (119 salaries)

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₹1.4 L/yr - ₹4 L/yr

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₹0.8 L/yr - ₹5.5 L/yr

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₹1.5 L/yr - ₹5.5 L/yr

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₹1 L/yr - ₹4.3 L/yr

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₹1.7 L/yr - ₹3.5 L/yr

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₹1.5 L/yr - ₹3.2 L/yr

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₹1.9 L/yr - ₹4.2 L/yr

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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 23% more
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Business Development Executive salary at Muthoot Fincorp ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 81 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Business Development Executive

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Experience wise Muthoot Fincorp Business Development Executive salaries

Last Updated: 4 Dec 2024

Experience Avg Annual Salary
Fresher  (23 salaries)

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₹1.5 L/yr - ₹2.5 L/yr
1 year  (23 salaries)

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₹1.5 L/yr - ₹2.6 L/yr
2 years  (12 salaries)

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₹1.7 L/yr - ₹3 L/yr
3 years  (8 salaries)

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₹1.7 L/yr - ₹3 L/yr
4 years  (6 salaries)

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₹1.8 L/yr - ₹2.7 L/yr
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Muthoot Fincorp Business Development Executive Salary and Career Growth

From

To

Business Development Executive

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0 - 5 years exp.

Senior Area Manager

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11 - 18 years exp.

Business Development Executive 0 - 5 years exp.
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Branch Incharge 2 - 12 years exp.
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arrow icon 33% hike
Branch Manager 2 - 16 years exp.
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arrow icon 44% hike

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Similar Designation salaries in Muthoot Fincorp

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₹2.16 L/yr - ₹3 L/yr
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₹2.2 L/yr - ₹3 L/yr
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₹1.5 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹4.6 L/yr
Business Executive Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
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₹2.7 L/yr - ₹3.5 L/yr
Area Sales Executive Salary
(AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr
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₹2.3 L/yr - ₹3.5 L/yr
Sales Executive Salary
(117 salaries)
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₹1.35 L/yr - ₹3.5 L/yr
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₹1.05 L/yr - ₹1.8 L/yr

Top skills at Muthoot Fincorp for Business Development Executive

Business Development Sales Marketing Field Sales bde Business Development Management Gold Loan Field Work Client Relationship Management Retail Sales Sales Executive Activities Communication Skills Sales Lead Generation Business Development

Salary related reviews for Muthoot Fincorp

4.3

Rated by 197 employees for salary & benefits

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..

read more

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.

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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

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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.

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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

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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.

read 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.

read more
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Muthoot Fincorp Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Muthoot Fincorp?
Business Development Executive salary at Muthoot Fincorp in India ranges between ₹1.5 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 44% less than the average Business Development Executive Salary in India. Salary estimates are based on 81 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Business Development Executive at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Business Development Executive at Muthoot Fincorp is 44% less than the average salary of a Business Development Executive in India. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Executive at Muthoot Fincorp?
Business Development, Sales, Marketing, Field Sales and bde are some of the popular skills required to work as a Business Development Executive at Muthoot Fincorp India.
Which similar companies are paying more than Muthoot Fincorp to a Business Development Executive in India?
  • Tata Capital Housing Finance Business Development Executive Salary - ₹2.4 Lakhs to ₹6.5 Lakhs per year
  • Sundaram Finance Business Development Executive Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year
  • Reliance Capital Business Development Executive Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year
  • Bajaj Finserv Business Development Executive Salary - ₹2.2 Lakhs to ₹5.0 Lakhs per year
  • Mahindra Finance Business Development Executive Salary - ₹1.5 Lakhs to ₹5.5 Lakhs per year
What is the salary of a Business Development Executive in companies similar to Muthoot Fincorp in India?
  • Poonawalla Fincorp Business Development Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
  • IIFL Finance Business Development Executive Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • TVS Credit Business Development Executive Salary - ₹2.6 Lakhs to ₹3.8 Lakhs per year
  • Cholamandalam Investment & Finance Business Development Executive Salary - ₹1.9 Lakhs to ₹4.2 Lakhs per year
  • Bajaj Finance Business Development Executive Salary - ₹2.2 Lakhs to ₹2.7 Lakhs per year
What is the estimated take home salary of a Business Development Executive at Muthoot Fincorp in India?
The estimated take-home salary of a Business Development Executive at Muthoot Fincorp ranges between ₹14,858 per month to ₹16,413 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Business Development Executive salary in India which ranges between ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Business Development Executive at Muthoot Fincorp?
According to AmbitionBox, 39% of the Muthoot Fincorp Business Development Executives reported a notice period of 15 days or less, 37% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 176 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Business Development Executive salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 81 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.