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Muthoot Fincorp Business Development Executive salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹1.5 Lakh - ₹3 Lakhs
Salary of majority employees
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Fixed (100%)
₹2.3 Lakhs
Variable (0%)
₹0.0
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42% less than the average Business Development Executive Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Business Development Executive Salary
0 - 6 years exp. (31 salaries)
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₹1.5 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Business Development Executive Salary
0 - 5 years exp. (12 salaries)
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₹1.7 L/yr - ₹2.6 L/yr

Finance & Accounting
Business Development Executive Salary
0 - 5 years exp. (10 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

Marketing & Communication
Business Development Executive Salary
0 - 5 years exp. (10 salaries)
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₹1.6 L/yr - ₹3 L/yr

Administration & Facilities
Business Development Executive Salary
0 - 6 years exp. (4 salaries)
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₹1.8 L/yr - ₹3 L/yr

Last Updated: 18 Mar 2025

Companies similar to Muthoot Fincorp for Business Development Executive

Company name Avg Annual Salary Open Jobs
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₹1.5 L/yr - ₹6.5 L/yr

arrow icon 54% more
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 19% more
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₹2.1 L/yr - ₹4 L/yr

arrow icon 28% more
1 job opening
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₹1.5 L/yr - ₹3.2 L/yr

arrow icon 8% more
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₹1.6 L/yr - ₹4 L/yr

arrow icon 43% more
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₹3 L/yr - ₹7 L/yr

arrow icon 111% more
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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 16% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 38% more
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₹2.1 L/yr - ₹2.7 L/yr

arrow icon 5% more
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₹1.3 L/yr - ₹4.3 L/yr

arrow icon 4% more
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₹2.3 L/yr - ₹4 L/yr

arrow icon 49% more
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₹2.9 L/yr - ₹3.8 L/yr

arrow icon 40% more
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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 103% more
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₹2.6 L/yr - ₹11 L/yr

arrow icon 114% more
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₹3 L/yr - ₹3.5 L/yr

arrow icon 40% more
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₹0.8 L/yr - ₹2.7 L/yr

arrow icon 13% less
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₹2.5 L/yr - ₹6 L/yr

arrow icon 69% more
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₹1.6 L/yr - ₹3.1 L/yr

arrow icon 8% more
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₹2.2 L/yr - ₹3.3 L/yr

arrow icon 19% more
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 6 years. Salary estimates are based on 95 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: 18 Mar 2025

Experience Avg Annual Salary
Fresher  (25 salaries)

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₹1.5 L/yr - ₹2.5 L/yr
1 year  (27 salaries)

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₹1.5 L/yr - ₹3 L/yr
2 years  (14 salaries)

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₹1.7 L/yr - ₹3 L/yr
3 years  (10 salaries)

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₹1.7 L/yr - ₹3 L/yr
4 years  (9 salaries)

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

From

To

Business Development Executive

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0 - 6 years exp.

Senior Area Manager

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11 - 19 years exp.

Business Development Executive

0 - 6 years exp.
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Branch Incharge

2 - 11 years exp.
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arrow icon 22% hike

Branch Manager

2 - 16 years exp.
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arrow icon 57% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Fincorp

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₹2.16 L/yr - ₹3 L/yr
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₹1.8 L/yr - ₹3 L/yr
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₹1.5 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹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
(113 salaries)
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₹1.2 L/yr - ₹3.2 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 Business Development Field Sales Sales and Marketing Bde Gold Loan bde Field Work Field Sales Business Development Management Salesforce Gold Loan Business Loan

Salary related reviews for Muthoot Fincorp

4.3

Rated by 208 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.

  • 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..

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.

read more
  • Job security - Poor
  • +3 more

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

read more
  • 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.

read more

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

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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
  • 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.

read more
  • Job security - Poor
  • +1 more
see more salary related reviews

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Muthoot Fincorp Business Development Executive Salary FAQs

What is the salary of Business Development Executive at Muthoot Fincorp ?
The average salary of a Business Development Executive at Muthoot Fincorp in India typically ranges from ₹1.5 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Business Development Executive at Muthoot Fincorp earn more than ₹2.6 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business Development Executive Salaries at Muthoot Fincorp 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 90+ Muthoot Fincorp employees in India.
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 in India typically ranges from ₹15,682 to ₹17,309 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 6 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 90+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Executive at Muthoot Fincorp ?
To be a Business Development Executive at Muthoot Fincorp in india, the key skills required include:

  • - Business Development
  • - Sales
  • - Marketing
  • - Business Development
  • - Field Sales

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Business Development Executive in India?
Five-Star Business Finance ₹2.6 Lakhs to ₹11.0 Lakhs per year
Sundaram Finance ₹3.0 Lakhs to ₹7.0 Lakhs per year
Tata Capital Housing Finance ₹2.4 Lakhs to ₹6.5 Lakhs per year
Electronica Finance ₹2.5 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance ₹1.5 Lakhs to ₹6.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.
What is the salary of a Business Development Executive in companies similar to Muthoot Fincorp in India?
The salary of a Business Development Executive at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat Financial Inclusion ₹2.3 Lakhs to ₹4.0 Lakhs per year
LendingKart ₹1.6 Lakhs to ₹4.0 Lakhs per year
TVS Credit ₹2.9 Lakhs to ₹3.8 Lakhs per year
Poonawalla Fincorp ₹3.0 Lakhs to ₹3.5 Lakhs per year
IIFL Finance ₹2.5 Lakhs to ₹5.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Business Development Executive at Muthoot Fincorp in India?
The salary growth for a Business Development Executive at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Business Development Executive can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
Fresher ₹1.5 Lakhs to ₹2.5 Lakhs per year
1 year ₹1.5 Lakhs to ₹3.0 Lakhs per year
2 years ₹1.7 Lakhs to ₹3.0 Lakhs per year
3 years ₹1.7 Lakhs to ₹3.0 Lakhs per year
and so on.

Tell us how to improve this page.

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 95 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.