Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by The Muthoot Group Team. If you also belong to the team, you can get access from here

The Muthoot Group Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

The Muthoot Group Business Development Manager salaries in India

Annual salary range
3 - 12 years exp.
₹2.4 Lakhs - ₹6.6 Lakhs
Salary of majority employees
unlock blur
unlock blur

56% less than the average Business Development Manager Salary in Financial Services Companies for 3 - 12 years of experience

Interested in this particular role?

Last Updated: 26 Sep 2024

Companies similar to The Muthoot Group for Business Development Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹3.4 L/yr - ₹7 L/yr

arrow icon 34% more
Logo
Citicorp Business Development Manager Salary

1 - 11 years exp. (50 salaries)

unlock blur

₹9.3 L/yr - ₹36 L/yr

arrow icon 549% more
unlock blur

₹2.2 L/yr - ₹9 L/yr

arrow icon 54% more
unlock blur

₹3 L/yr - ₹9 L/yr

arrow icon 91% more
unlock blur

₹3.5 L/yr - ₹8 L/yr

arrow icon 94% more
Logo
unlock blur

₹2.4 L/yr - ₹4 L/yr

arrow icon 3% less
unlock blur

₹12 L/yr - ₹35 L/yr

arrow icon 520% more
2 job openings
unlock blur

₹3 L/yr - ₹6.5 L/yr

arrow icon 20% more
unlock blur

₹2.5 L/yr - ₹6.2 L/yr

arrow icon 49% more
unlock blur

₹1.9 L/yr - ₹6 L/yr

arrow icon 9% less
unlock blur

₹23.1 L/yr - ₹58 L/yr

arrow icon 975% more
unlock blur

₹3.2 L/yr - ₹3.9 L/yr

arrow icon 9% more
Logo
DKSH Business Development Manager Salary

6 - 11 years exp. (4 salaries)

unlock blur

₹16.5 L/yr - ₹30.5 L/yr

arrow icon 564% more
Logo
Aon Business Development Manager Salary

1 - 12 years exp. (4 salaries)

unlock blur

₹5 L/yr - ₹13 L/yr

arrow icon 201% more
Logo
Wells Fargo Business Development Manager Salary

11 - 14 years exp. (3 salaries)

unlock blur

₹30 L/yr - ₹45 L/yr

arrow icon 1004% more
unlock blur

₹2 L/yr - ₹3.6 L/yr

arrow icon 14% less
Business Development Manager salary at The Muthoot Group ranges between ₹2.4 Lakhs to ₹6.6 Lakhs per year for employees with experience between 3 years to 12 years. Salary estimates are based on 11 latest salaries received from various employees of The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Business Development Manager

5mo ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
12 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
7 years exp.
1y ago
avg blur mobile
10 years exp.
1y ago
avg blur mobile
8 years exp.
2y ago
avg blur mobile
3 years exp.

Experience wise The Muthoot Group Business Development Manager salaries

Last Updated: 26 Sep 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹5.8 L/yr
4 years  (3 salaries)

unlock blur

₹2.4 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹2.9 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹3 L/yr - ₹3.8 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹1.3 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in The Muthoot Group

unlock blur
₹9 L/yr - ₹11 L/yr
unlock blur
₹1.2 L/yr - ₹4 L/yr
unlock blur
₹5.4 L/yr - ₹9.8 L/yr
unlock blur
₹3.5 L/yr - ₹6.25 L/yr
Senior Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹4.3 L/yr - ₹5.5 L/yr
unlock blur
₹4.2 L/yr - ₹8.2 L/yr
Territory Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7.2 L/yr - ₹9.2 L/yr
Area Business Manager Salary
(AmbitionBox Estimate)
unlock blur
₹4.5 L/yr - ₹5.8 L/yr
Deputy Manager Salary
(29 salaries)
unlock blur
₹3.6 L/yr - ₹6.35 L/yr
unlock blur
₹8.33 L/yr - ₹20 L/yr

Top skills at The Muthoot Group for Business Development Manager

Sales Management Business Development Management Business Development Management Lead Generation Promotions Marketing Sales Financial Services Investment Sales Management Sales Financial Services Banking Marketing Insurance

Salary related reviews for The Muthoot Group

1.4

Rated by 3 employees for salary & benefits

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

Sales & Business Development Department

2.0
  •  posted on 02 Nov 2022

3.0
 for  Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

read more
  • Skill development - Poor
  • +4 more

Sales & Business Development Department

5.0
  •  posted on 23 Jul 2020

5.0
 for  Salary and Benefits

Likes

...agement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good appricials are fair and they give good salary and bonus every year.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Nothing

Muthoot Finance Department

5.0
  •  posted on 15 Mar 2018

5.0
 for  Salary and Benefits

Likes

...eving our branch targets .Insurance products,gold loan ,NCD,are the main areas .Job security and good salary growth provided in Muthoot group

read more
  • Salary - Excellent
  • +6 more

Dislikes

.work environment is Monday to Saturday timing is 8.30 to 5.30 and Most Sunday’s have any training process there .In branch if alarm system working at any time most probably in night I will be there at night to open the branch and Sunday visit in branch for 10 minibus is compalsary for the managers only.

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

The Muthoot Group Business Development Manager Salary FAQs

What is the salary of Business Development Manager at The Muthoot Group ?
The average salary of a Business Development Manager at The Muthoot Group in India typically ranges from ₹2.4 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 3 years to 12 years).

The top 10% of Business Development Manager at The Muthoot Group earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Business Development Manager 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 10+ The Muthoot Group employees in India.
What is the estimated take home salary of a Business Development Manager at The Muthoot Group in India?
The estimated take-home salary of a Business Development Manager at The Muthoot Group in India typically ranges from ₹24,089 to ₹25,541 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 3 years to 12 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 10+ salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Business Development Manager at The Muthoot Group ?
To be a Business Development Manager at The Muthoot Group in india, the key skills required include:

  • - Sales Management
  • - Business Development Management
  • - Business Development Management
  • - Lead Generation
  • - Promotions

These skills are highly valued at The Muthoot Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than The Muthoot Group for Business Development Manager in India?
Wells Fargo ₹30.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co. ₹23.1 Lakhs to ₹58.0 Lakhs per year
DKSH ₹16.5 Lakhs to ₹30.5 Lakhs per year
Citicorp ₹9.3 Lakhs to ₹36.0 Lakhs per year
HSBC Group ₹12.0 Lakhs to ₹35.0 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 Development Manager in companies similar to The Muthoot Group in India?
The salary of a Business Development Manager at companies similar to The Muthoot Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aon ₹5.0 Lakhs to ₹13.0 Lakhs per year
ICICI Securities ₹3.5 Lakhs to ₹8.0 Lakhs per year
American Express ₹3.0 Lakhs to ₹9.0 Lakhs per year
Motilal Oswal Financial Services ₹2.2 Lakhs to ₹9.0 Lakhs per year
Bajaj Capital ₹2.5 Lakhs to ₹6.2 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 Manager at The Muthoot Group in India?
The salary growth for a Business Development Manager at The Muthoot Group depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at The Muthoot Group:

Experience Average Salary Range
3 years ₹2.5 Lakhs to ₹5.8 Lakhs per year
4 years ₹2.4 Lakhs to ₹3.6 Lakhs per year
5 years ₹2.9 Lakhs to ₹3.8 Lakhs per year
6 years ₹3.0 Lakhs to ₹3.8 Lakhs per year
and so on.

Tell us how to improve this page.

The Muthoot Group Business Development Manager salary in India ranges between ₹2.4 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 The Muthoot Group latest salaries received from various employees of The Muthoot Group.