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The Muthoot Group Business Associate salaries in India

Annual salary range
1 - 5 years exp.
₹1.2 Lakh - ₹2.7 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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63% less than the average Business Associate Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Business Associate Salary
1 year exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2.3 L/yr

Customer Success, Service & Operations
Business Associate Salary
2 years exp. (AmbitionBox Estimate)
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₹1 L/yr - ₹1.3 L/yr

Human Resources
Business Associate Salary
5 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

Last Updated: 15 Mar 2023

Companies similar to The Muthoot Group for Business Associate

Company name Avg Annual Salary Open Jobs
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Shriram Finance Business Associate Salary

0 - 5 years exp. (45 salaries)

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₹1.5 L/yr - ₹3 L/yr

arrow icon 19% more
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Bajaj Finance Business Associate Salary

1 - 4 years exp. (4 salaries)

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₹1 L/yr - ₹2 L/yr

arrow icon 21% less
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HDFC Bank Business Associate Salary

1 - 4 years exp. (5 salaries)

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₹1.6 L/yr - ₹4 L/yr

arrow icon 57% more
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ICICI Bank Business Associate Salary

0 - 4 years exp. (48 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 28% more
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₹2.8 L/yr - ₹3 L/yr

arrow icon 54% more
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₹2.1 L/yr - ₹6.5 L/yr

arrow icon 195% more
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₹10 L/yr - ₹21 L/yr

arrow icon 748% more
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Wells Fargo Business Associate Salary

3 - 9 years exp. (8 salaries)

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₹5.4 L/yr - ₹15 L/yr

arrow icon 385% more
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Bajaj Finserv Business Associate Salary

0 - 5 years exp. (7 salaries)

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₹1.7 L/yr - ₹6.5 L/yr

arrow icon 78% more
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American Express Business Associate Salary

0 - 8 years exp. (7 salaries)

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₹3.4 L/yr - ₹8 L/yr

arrow icon 236% more
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Citicorp Business Associate Salary

1 - 9 years exp. (7 salaries)

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₹1.8 L/yr - ₹7.2 L/yr

arrow icon 115% more
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Morgan Stanley Business Associate Salary

3 - 6 years exp. (4 salaries)

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₹8.5 L/yr - ₹9.1 L/yr

arrow icon 375% more
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UBS Business Associate Salary

2 - 4 years exp. (4 salaries)

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₹6.3 L/yr - ₹16 L/yr

arrow icon 664% more
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BNP Paribas Business Associate Salary

3 - 12 years exp. (3 salaries)

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₹3.5 L/yr - ₹9.9 L/yr

arrow icon 243% more
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HSBC Group Business Associate Salary

2 - 6 years exp. (3 salaries)

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₹6 L/yr - ₹7 L/yr

arrow icon 263% more
Business Associate salary at The Muthoot Group ranges between ₹1.2 Lakh to ₹2.7 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 The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Business Associate

1y ago
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5 years exp.
1y ago
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1 year exp.
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1 year exp.
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2 years exp.

Experience wise The Muthoot Group Business Associate salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹1.3 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr

Similar Designation salaries in The Muthoot Group

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₹5 L/yr - ₹6 L/yr
Senior Business Analyst Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Team Lead Salary
(7 salaries)
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₹2.05 L/yr - ₹4 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
Lead Consultant Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
Data Analyst Salary
(4 salaries)
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₹3 L/yr - ₹4.5 L/yr
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₹6 L/yr - ₹8.15 L/yr
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₹2.4 L/yr - ₹6.55 L/yr
Deputy Manager Salary
(29 salaries)
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₹3.6 L/yr - ₹6.35 L/yr

Salary related reviews for The Muthoot Group

3.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 06 Oct 2024

1.0
 for  Salary and Benefits

Likes

Salary on time.

Dislikes

No work life balance, late sitting, unnecessary pressure, 2 years employment bond, job with financial risks, rupe behaving seniors, no professionalism, no diversity support, office politics, there is no timings to go home after the shift over, you cannot late a minute to report your duties if you do even 1 minute late your half day salary will be gone, very less salary, discrimination, no good appraisals, it is like a lala ki dukan, no staff security, staff can be beaten and threatened by the customers, at the time of interview the roles and responsibilities are different but after joining and signing 2 years of bond everything gets change, they do not follow labour laws at many times, they take more than 90days to complete your FNF settlement, they provide your relieving and exp letter after 90days from your last working day, no employee engagement activities are performed, a person is working since 7 years but he only reached at 45k/month, unsupportive company, unsupportive upper management, sometimes colleagues are also unsupportive, they give CL/EL to employees but not approve the same at many times. There are many things I can still write here.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Other Department

4.0
  •  posted on 06 Nov 2024

1.0
 for  Salary and Benefits

Likes

Work Culture and environment are good. Employees are interactive without any personal dislikes. The team I'm working with is so supportive in type of works. I have developed certain skills after joining here.

read more
  • Skill development - Good
  • +4 more

Dislikes

The salary am paid with is very less compared with my job role and other freshers. When I joined as a fresher this salary was enough for me and now I'm here for more than a year but still no enough increment in salary.

read more
  • Salary - Bad

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.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 28 Jan 2025

1.0
 for  Salary and Benefits

Likes

  • Skill development - Good
  • Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Other Department

3.0
  •  posted on 04 Oct 2024

3.0
 for  Salary and Benefits

Likes

Job security and staffs

  • Skill development - Good
  • +2 more

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

read more
  • Promotions - Poor
  • +1 more
see more salary related reviews

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The Muthoot Group Business Associate Salary FAQs

What is the salary of Business Associate at The Muthoot Group ?
The average salary of a Business Associate at The Muthoot Group in India typically ranges from ₹1.2 Lakhs to ₹2.7 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Associate at The Muthoot Group earn more than ₹2.7 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. Business Associate Salaries at The Muthoot Group 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 The Muthoot Group employees in India.
What is the estimated take home salary of a Business Associate at The Muthoot Group in India?
The estimated take-home salary of a Business Associate at The Muthoot Group in India typically ranges from ₹12,582 to ₹13,940 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹2.7 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 The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than The Muthoot Group for Business Associate in India?
JPMorgan Chase & Co. ₹10.0 Lakhs to ₹21.0 Lakhs per year
UBS ₹6.3 Lakhs to ₹16.0 Lakhs per year
Wells Fargo ₹5.4 Lakhs to ₹15.0 Lakhs per year
Morgan Stanley ₹8.5 Lakhs to ₹9.1 Lakhs per year
HSBC Group ₹6.0 Lakhs to ₹7.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.
What is the salary of a Business Associate in companies similar to The Muthoot Group in India?
The salary of a Business Associate at companies similar to The Muthoot Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNP Paribas ₹3.5 Lakhs to ₹9.9 Lakhs per year
American Express ₹3.4 Lakhs to ₹8.0 Lakhs per year
Motilal Oswal Financial Services ₹2.1 Lakhs to ₹6.5 Lakhs per year
Citicorp ₹1.8 Lakhs to ₹7.2 Lakhs per year
Bajaj Finserv ₹1.7 Lakhs to ₹6.5 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 Associate at The Muthoot Group in India?
The salary growth for a Business Associate at The Muthoot Group depends on factors such as experience, performance, and promotions. On average, a Business Associate can expect the following growth trajectory at The Muthoot Group:

Experience Average Salary Range
1 year ₹1.6 Lakhs to ₹2.0 Lakhs per year
2 years ₹1.0 Lakhs to ₹1.3 Lakhs per year
5 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
and so on.

Tell us how to improve this page.

The Muthoot Group Business Associate salary in India ranges between ₹1.2 Lakh to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 The Muthoot Group latest salaries received from various employees of The Muthoot Group.