The Muthoot Group BM Salaries by 3 Employees (Updated 2025)

8 - 10 years exp.

₹4.2 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average BM Salary in Financial Services Companies for 8 - 10 years of experience

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Last Updated: 8 Feb 2025

Companies similar to The Muthoot Group for BM

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Manappuram Finance BM Salary 2 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹4.6 L/yr 28% less
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ICICI Bank BM Salary 7 - 12 years exp. (16 salaries)	₹3.5 L/yr - ₹10 L/yr 55% more
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Tata Capital BM Salary 6 - 10 years exp. (4 salaries)	₹3 L/yr - ₹7.6 L/yr 5% less
L&T Finance BM Salary 3 - 9 years exp. (11 salaries)	₹3.2 L/yr - ₹5.7 L/yr 18% less
Bajaj Finserv BM Salary 5 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹6.5 L/yr 9% less

BM salary at The Muthoot Group ranges between ₹4.2 Lakhs to ₹7.5 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group BM salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
9 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.8 L/yr

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Salary related reviews for The Muthoot Group

Operations Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

In customer angle, company is best brand among others. Products are good.

Job security - Good

Dislikes

HR cannot do independently in their best practice as per industry. Less salary industry. Old branch Offices are its still old and not renovations; and opening new offices. Even though advanced technology are implementing the systems and peripherals are old. Etc, etc.

Salary - Poor

+4 more

Relationship Executive in Ernakulam

Full Time

Sales & Operations Department

3.0

• posted on 20 Mar 2022

1.0

for Salary and Benefits

Likes

Nothing No appraisal they just know how to deduct employees salaries Company can cross any level to compensate their loss.

Skill development - Good

+1 more

Dislikes

...gher authority nither during ur working period jor after leaving the company. 5. Company always play safe game towards itself everything positive done by the employee is counted in company's growth but if the same changes in reverse then get ready to pay for it ur incentives will be nullified ur salary will go through a deduction of fixed amount. 6. At the end if u taking an risk for the company then get ready to pay for it.

Salary - Bad

+3 more

Relationship Executive in Bareilly

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 May 2022

3.0

for Salary and Benefits

Likes

No work pressure fully relaxation, branch is just like your home .. Anything do there,(eat,sleep,go outside) no one is present to interrupting you

Job security - Excellent

+2 more

Dislikes

No salary growth, no grade hike, no value of your intelligence,just work as per there policies whether you can perfom better by your own way

Skill development - Bad

+2 more

Relationship Executive in Mangaluru

Other Department

1.0

• posted on 26 May 2022

1.0

for Salary and Benefits

Likes

Worst experience ...less salary and incentive ...only time convenient....if u did 2month notice period also you didn't get full salary..cheated bogus Company told employees to deduct customer money and do insurance ...too much unconditional targets.... Worst management....

Dislikes

Management doesn't respect to Employees.... Only target target target....toomuchh torcher...in my 4yr experience I got only 560rs increment....INI

Salary - Bad

+6 more

Customer Care Executive in New Delhi

SALES Department

5.0

• posted on 06 Nov 2021

4.0

for Salary and Benefits

Likes

...to employees and Customers which is good Upper management is Nice and helpful Ethical towards salary, bonuses and incentives Social Status Time to time training and grooming

Salary - Good

+1 more

Dislikes

Middle level management suppress employee from sharing their problems and views Pressure of Targets

Promotions - Bad

+1 more

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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The Muthoot Group BM Salary FAQs

What is the notice period for BM at The Muthoot Group?

According to AmbitionBox, 100% of the The Muthoot Group BMs reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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The Muthoot Group BM Salaries

The Muthoot Group BM salary in India ranges between ₹4.2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 The Muthoot Group latest salaries received from various employees of The Muthoot Group.