Muthoot Fincorp Madurai Business Development Executive Salaries by 4 Employees

0 - 4 years exp.

₹2 Lakhs - ₹2.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Business Development Executive Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations Business Development Executive Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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Sales & Business Development Business Development Executive Salary 1 year exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.7 L/yr

Last Updated: 23 Nov 2024

Companies similar to Muthoot Fincorp for Business Development Executive in Madurai

Muthoot Fincorp Business Development Executive Salary

0 - 4 years exp. (4 salaries)

₹2 L/yr - ₹2.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Aurolab Business Development Executive Salary 0 - 5 years exp. (13 salaries)	₹1.5 L/yr - ₹4.5 L/yr 11% more
Pixel Web Solutions Business Development Executive Salary 0 - 4 years exp. (13 salaries)	₹1 L/yr - ₹6 L/yr 18% less	2 job openings
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Osiz Technology Business Development Executive Salary 0 - 4 years exp. (12 salaries)	₹1.2 L/yr - ₹6.5 L/yr 2% less
Trioangle Technologies Business Development Executive Salary 0 - 3 years exp. (11 salaries)	₹1.2 L/yr - ₹3 L/yr 13% less
ICICI Bank Business Development Executive Salary 1 - 5 years exp. (6 salaries)	₹0.8 L/yr - ₹2.4 L/yr 6% less

Business Development Executive salary at Muthoot Fincorp ranges between ₹2 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Business Development Executive salaries in Madurai

Last Updated: 23 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.2 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr

From

Business Development Executive

₹

Lakhs/yr

0 - 6 years exp.

Senior Area Manager

₹

Lakhs/yr

11 - 19 years exp.

Business Development Executive

0 - 6 years exp.

Branch Incharge

2 - 11 years exp.

26% hike

Branch Manager

2 - 16 years exp.

56% 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

Sales Executive Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 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

4.6

Rated by 3 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Muthoot Fincorp Business Development Executive Salary FAQs

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

The average salary of a Business Development Executive at Muthoot Fincorp in Madurai typically ranges from ₹2.0 Lakhs to ₹2.7 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Business Development Executive in Madurai at Muthoot Fincorp earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 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 4 Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Business Development Executive at Muthoot Fincorp in Madurai typically ranges from ₹16,399 to ₹18,088 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.7 Lakhs per year for employees with experience ranging from Fresher to 4 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.

What are the key skills required to be a Business Development Executive at Muthoot Fincorp in Madurai?

To be a Business Development Executive at Muthoot Fincorp in Madurai, 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?

Aurolab

₹1.5 Lakhs to ₹4.5 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 Madurai?

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

Osiz Technology	₹1.2 Lakhs to ₹6.5 Lakhs per year
ICICI Bank	₹0.8 Lakhs to ₹2.4 Lakhs per year
Trioangle Technologies	₹1.2 Lakhs to ₹3.0 Lakhs per year
Pixel Web Solutions	₹1.0 Lakhs to ₹6.0 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 Madurai?

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

Experience	Average Salary Range
Fresher	₹1.7 Lakhs to ₹2.2 Lakhs per year
1 year	₹2.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.1 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.2 Lakhs to ₹2.8 Lakhs per year

and so on.

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Muthoot Fincorp Business Development Executive Salaries in Madurai

Muthoot Fincorp Business Development Executive salary in Madurai ranges between ₹2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.