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Muthoot Fincorp Business Development Officer salaries in Hyderabad / Secunderabad

Annual salary range
0 - 3 years exp.
₹1.8 Lakh - ₹3 Lakhs
Salary of majority employees
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28% less than the average Business Development Officer Salary in NBFC Companies for 0 - 3 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Finance & Accounting
Business Development Officer Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Human Resources
Business Development Officer Salary
0 - 1 year exp. (AmbitionBox Estimate)
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₹2.9 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Business Development Officer Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.6 L/yr

Sales & Business Development
Business Development Officer Salary
3 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹2.9 L/yr

Last Updated: 14 Jan 2025

Companies similar to Muthoot Fincorp for Business Development Officer in Hyderabad / Secunderabad

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Muthoot Fincorp Business Development Officer Salary

0 - 3 years exp. (6 salaries)

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₹1.8 L/yr - ₹3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹2 L/yr - ₹3 L/yr

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 7% less
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₹1.8 L/yr - ₹2.7 L/yr

arrow icon 12% less
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HDFC Bank Business Development Officer Salary

0 - 3 years exp. (13 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 8% less
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₹3.5 L/yr - ₹4 L/yr

arrow icon 44% more
Business Development Officer salary at Muthoot Fincorp ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Business Development Officer in Hyderabad / Secunderabad

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Experience wise Muthoot Fincorp Business Development Officer salaries in Hyderabad / Secunderabad

Last Updated: 14 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)

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₹1.8 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹2.9 L/yr

Similar Designation salaries in Muthoot Fincorp

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₹2 L/yr - ₹3 L/yr
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₹1.8 L/yr - ₹2.5 L/yr

Top skills at Muthoot Fincorp for Business Development Officer

Field Sales Digital Marketing Business Development Salesforce Lead Generation Sales and Marketing Gold Loan Field Work Outbound Sales Business Loan Field Marketing Direct Sales banca sales Relationship Management Life Insurance

Salary related reviews for Muthoot Fincorp

5.0

Rated by 4 employees for salary & benefits

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

read more

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..

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

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Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

see more salary related reviews

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Muthoot Fincorp Business Development Officer Salary FAQs

What is the salary of Business Development Officer at Muthoot Fincorp Hyderabad / Secunderabad?
Business Development Officer salary at Muthoot Fincorp in Hyderabad / Secunderabad ranges between ₹1.8 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 28% less than the average Business Development Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp Hyderabad / Secunderabad.
How does the salary of a Business Development Officer at Muthoot Fincorp Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Business Development Officer at Muthoot Fincorp is 28% less than the average salary of a Business Development Officer in Hyderabad / Secunderabad. To know exact salary insights, login to view.
What are the top skills required to work as a Business Development Officer at Muthoot Fincorp?
Field Sales, Digital Marketing, Business Development, Salesforce and Lead Generation are some of the popular skills required to work as a Business Development Officer at Muthoot Fincorp Hyderabad / Secunderabad.
Which similar companies are paying more than Muthoot Fincorp to a Business Development Officer in Hyderabad / Secunderabad?
  • Karur Vysya Bank Business Development Officer Salary - ₹3.5 Lakhs to ₹4.0 Lakhs per year
What is the salary of a Business Development Officer in companies similar to Muthoot Fincorp in Hyderabad / Secunderabad?
  • Muthoot Finance Business Development Officer Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
  • HDB Financial Services Business Development Officer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year
  • HDFC Bank Business Development Officer Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
  • ICICI Bank Business Development Officer Salary - ₹1.8 Lakhs to ₹2.7 Lakhs per year
What is the estimated take home salary of a Business Development Officer at Muthoot Fincorp in Hyderabad / Secunderabad?
The estimated take-home salary of a Business Development Officer at Muthoot Fincorp ranges between ₹18,675 per month to ₹20,358 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Muthoot Fincorp Business Development Officer salary in India which ranges between ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Business Development Officer at Muthoot Fincorp in Hyderabad / Secunderabad?
According to AmbitionBox, 67% of the Muthoot Fincorp Business Development Officers in Hyderabad / Secunderabad reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Business Development Officer salary in Hyderabad / Secunderabad ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.