Muthoot Fincorp Business Development Executive Salaries by 80+ Employees (Updated 2025)

0 - 5 years exp.

₹1.5 Lakh - ₹3 Lakhs

Salary of majority employees

44% less than the average Business Development Executive Salary in NBFC Companies for 0 - 5 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development Business Development Executive Salary 0 - 5 years exp. (34 salaries)	₹1.5 L/yr - ₹3 L/yr
Customer Success, Service & Operations Business Development Executive Salary 0 - 5 years exp. (10 salaries)	₹1.7 L/yr - ₹2.6 L/yr
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Finance & Accounting Business Development Executive Salary 0 - 5 years exp. (10 salaries)	₹1.5 L/yr - ₹2.5 L/yr
Marketing & Communication Business Development Executive Salary 0 - 5 years exp. (10 salaries)	₹1.6 L/yr - ₹3 L/yr

Last Updated: 1 Mar 2025

Companies similar to Muthoot Fincorp for Business Development Executive

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Business Development Executive Salary 0 - 6 years exp. (19 salaries)	₹1.6 L/yr - ₹4.4 L/yr 43% more
HDFC Bank Business Development Executive Salary 0 - 5 years exp. (214 salaries)	₹1.2 L/yr - ₹4 L/yr 7% more
Login to view exact salary
ICICI Bank Business Development Executive Salary 0 - 6 years exp. (158 salaries)	₹0.8 L/yr - ₹5.5 L/yr 5% more
Mahindra Finance Business Development Executive Salary 0 - 10 years exp. (173 salaries)	₹1.6 L/yr - ₹6.5 L/yr 63% more
HDB Financial Services Business Development Executive Salary 0 - 6 years exp. (264 salaries)	₹1 L/yr - ₹4.3 L/yr 6% more
Shriram Finance Business Development Executive Salary 0 - 3 years exp. (43 salaries)	₹1.7 L/yr - ₹3.5 L/yr 22% more
Muthoot Finance Business Development Executive Salary 0 - 4 years exp. (20 salaries)	₹1.5 L/yr - ₹3.2 L/yr 10% more
LendingKart Business Development Executive Salary 2 - 7 years exp. (12 salaries)	₹1.6 L/yr - ₹4 L/yr 46% more
Sundaram Finance Business Development Executive Salary 0 - 7 years exp. (11 salaries)	₹3 L/yr - ₹7 L/yr 108% more
Cholamandalam Investment & Finance Business Development Executive Salary 2 - 7 years exp. (11 salaries)	₹1.9 L/yr - ₹4.2 L/yr 29% more

View all

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 89 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Business Development Executive salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (22 salaries)	₹1.5 L/yr - ₹2.5 L/yr
1 year (25 salaries)	₹1.5 L/yr - ₹3 L/yr
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2 years (16 salaries)	₹1.7 L/yr - ₹3 L/yr
3 years (9 salaries)	₹1.7 L/yr - ₹3 L/yr
4 years (8 salaries)	₹1.8 L/yr - ₹2.7 L/yr
5 years (9 salaries)	₹1.8 L/yr - ₹3 L/yr

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From

Business Development Executive

₹

Lakhs/yr

0 - 5 years exp.

Senior Area Manager

₹

Lakhs/yr

11 - 19 years exp.

Business Development Executive 0 - 5 years exp.

Branch Incharge 2 - 11 years exp.

25% hike

Branch Manager 3 - 16 years exp.

54% hike

Similar Designation salaries in Muthoot Fincorp

Senior Business Development Executive Salary

(7 salaries)

₹2.16 L/yr - ₹3 L/yr

Business Development Officer Salary

(17 salaries)

₹1.8 L/yr - ₹3 L/yr

Business Development Associate Salary

(3 salaries)

₹1.5 L/yr - ₹4 L/yr

Business Development Manager Salary

(6 salaries)

₹2.5 L/yr - ₹4 L/yr

Business Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Senior Business Development Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Area Sales Executive Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Sales Executive Salary

(10 salaries)

₹2.3 L/yr - ₹3.5 L/yr

Sales Executive Salary

(113 salaries)

₹1.5 L/yr - ₹3.5 L/yr

Marketing Executive Salary

(5 salaries)

₹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 Bde Sales and Marketing bde Gold Loan Field Work Business Development Management Salesforce Gold Loan Field Sales Business Loan

Salary related reviews for Muthoot Fincorp

4.3

Rated by 203 employees for salary & benefits

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 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

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 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

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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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 89 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, Business Development and Field Sales 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 ₹7.0 Lakhs per year
Reliance Capital Business Development Executive Salary - ₹1.2 Lakhs to ₹9.0 Lakhs per year
Electronica Finance Business Development Executive Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance Business Development Executive Salary - ₹1.6 Lakhs to ₹6.5 Lakhs per year

What is the salary of a Business Development Executive in companies similar to Muthoot Fincorp in India?

Bharat Financial Inclusion Business Development Executive Salary - ₹2.3 Lakhs to ₹4.0 Lakhs per year
LendingKart Business Development Executive Salary - ₹1.6 Lakhs to ₹4.0 Lakhs per year
TVS Credit Business Development Executive Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year
Poonawalla Fincorp Business Development Executive Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year
Bajaj Finserv Business Development Executive Salary - ₹1.6 Lakhs to ₹4.4 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 ₹15,253 per month to ₹16,842 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, 38% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 185 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Business Development Executive Salaries

Muthoot Fincorp Business Development Executive salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 89 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

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

Companies similar to Muthoot Fincorp for Business Development Executive

Latest annual salaries shared by Muthoot Fincorp Business Development Executive

Experience wise Muthoot Fincorp Business Development Executive salaries

Similar Designation salaries in Muthoot Fincorp

Top skills at Muthoot Fincorp for Business Development Executive

Salary related reviews for Muthoot Fincorp

Business Development Executive in Chennai

Business Development Executive in Nellore

Business Development Officer in Bhopal

Business Development Officer in Tiruppur

Sales Executive in New Delhi

Muthoot Fincorp Business Development Executive Salary FAQs

Tell us how to improve this page.

Muthoot Fincorp Business Development Executive Salaries by Location