Muthoot Fincorp Business Development Executive Officer Salaries by 4 Employees

1 - 5 years exp.

₹1.9 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

Fixed (70%)

₹1.7 Lakh

Variable (30%)

₹0.8 Lakh

19% less than the average Business Development Executive Officer Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Development Executive Officer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.8 L/yr
Engineering - Software & QA Business Development Executive Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Marketing & Communication Business Development Executive Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 9 Nov 2024

Companies similar to Muthoot Fincorp for Business Development Executive Officer

Company name	Avg Annual Salary	Open Jobs
BYJU'S Business Development Executive Officer Salary 0 - 6 years exp. (16 salaries)	₹2.5 L/yr - ₹4 L/yr 14% more
Jana Small Finance Bank Business Development Executive Officer Salary 0 - 6 years exp. (9 salaries)	₹2 L/yr - ₹3.2 L/yr 8% more
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PhonePe Business Development Executive Officer Salary 3 - 6 years exp. (6 salaries)	₹2.6 L/yr - ₹4 L/yr 29% more
IndusInd Bank Business Development Executive Officer Salary 0 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹2.8 L/yr 22% less
CSB Bank Business Development Executive Officer Salary 0 - 5 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 9% more

Business Development Executive Officer salary at Muthoot Fincorp ranges between ₹1.9 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Business Development Executive Officer salaries

Last Updated: 9 Nov 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
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4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

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Area Sales Executive Salary

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Salary related reviews for Muthoot Fincorp

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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Muthoot Fincorp Business Development Executive Officer Salary FAQs

What is the salary of Business Development Executive Officer at Muthoot Fincorp ?

The average salary of a Business Development Executive Officer at Muthoot Fincorp in India typically ranges from ₹1.9 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Development Executive Officer at Muthoot Fincorp earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business Development Executive Officer 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 4 Muthoot Fincorp employees in India.

What is the estimated take home salary of a Business Development Executive Officer at Muthoot Fincorp in India?

The estimated take-home salary of a Business Development Executive Officer at Muthoot Fincorp in India typically ranges from ₹17,261 to ₹18,965 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 5 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 4 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Fincorp for Business Development Executive Officer in India?

PhonePe	₹2.6 Lakhs to ₹4.0 Lakhs per year
BYJU'S	₹2.5 Lakhs to ₹4.0 Lakhs per year
CSB Bank	₹2.3 Lakhs to ₹3.5 Lakhs per year
Jana Small Finance Bank	₹2.0 Lakhs to ₹3.2 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 Officer in companies similar to Muthoot Fincorp in India?

The salary of a Business Development Executive Officer at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank

₹1.4 Lakhs to ₹2.8 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 Officer at Muthoot Fincorp in India?

The salary growth for a Business Development Executive Officer at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Business Development Executive Officer can expect the following growth trajectory at Muthoot Fincorp:

Experience	Average Salary Range
1 year	₹1.9 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.7 Lakhs to ₹2.2 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Muthoot Fincorp Business Development Executive Officer Salaries

Muthoot Fincorp Business Development Executive Officer salary in India ranges between ₹1.9 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.