The Muthoot Group Business Development Officer Salaries by 10+ Employees

0 - 7 years exp.

₹2 Lakhs - ₹3 Lakhs

Salary of majority employees

31% less than the average Business Development Officer Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

Sales & Business Development Business Development Officer Salary 0 - 7 years exp. (7 salaries)	₹2.5 L/yr - ₹3 L/yr
BFSI, Investments & Trading Business Development Officer Salary 2 - 3 years exp. (3 salaries)	₹2 L/yr - ₹2.8 L/yr
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Marketing & Communication Business Development Officer Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr

Last Updated: 29 Dec 2023

Companies similar to The Muthoot Group for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
American Express Business Development Officer Salary 1 - 4 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 6% less
Bajaj Finserv Business Development Officer Salary 1 - 5 years exp. (4 salaries)	₹2.3 L/yr - ₹2.6 L/yr 4% less
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Motilal Oswal Financial Services Business Development Officer Salary 0 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹2.8 L/yr At par
Aditya Birla Capital Business Development Officer Salary 1 - 6 years exp. (4 salaries)	₹2.3 L/yr - ₹3.8 L/yr 10% more
Citicorp Business Development Officer Salary 4 - 19 years exp. (4 salaries)	₹20 L/yr - ₹50 L/yr 1115% more
HDFC Sales Business Development Officer Salary 0 - 2 years exp. (3 salaries)	₹1.9 L/yr - ₹2.5 L/yr 19% less
Satya MicroCapital Business Development Officer Salary 0 - 2 years exp. (3 salaries)	₹1.3 L/yr - ₹3.8 L/yr 3% more

Business Development Officer salary at The Muthoot Group ranges between ₹2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 13 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Business Development Officer salaries

Last Updated: 29 Dec 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹1 L/yr - ₹2.5 L/yr
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2 years (3 salaries)	₹2 L/yr - ₹4.5 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.7 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

View all

Similar Designation salaries in The Muthoot Group

Business Development Manager Salary

(11 salaries)

₹2.4 L/yr - ₹6.55 L/yr

Business Development Executive Salary

(18 salaries)

₹1.2 L/yr - ₹4 L/yr

Senior Business Development Manager Salary

(3 salaries)

₹9 L/yr - ₹11 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Zonal Sales Manager Salary

(3 salaries)

₹5.4 L/yr - ₹9.8 L/yr

Sales Executive Salary

(15 salaries)

₹1.9 L/yr - ₹2.55 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹6.25 L/yr

Senior Sales Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.2 L/yr - ₹8.2 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Top skills at The Muthoot Group for Business Development Officer

Sales Team Coordination Business Development Promotions Sales Management Retail Sales Showroom Sales Marketing Lead Generation Branch Operations

Salary related reviews for The Muthoot Group

2.8

Rated by 6 employees for salary & benefits

Branch Manager in Gadarwara

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

Salary - Bad

+3 more

Branch Manager in Bangalore / Bengaluru

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.

Promotions - Poor

+1 more

Branch Manager in Tiptur

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.

Skill development - Poor

+4 more

Senior Sales Executive in Nellore

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.

Salary - Excellent

+5 more

Dislikes

Nothing

Branch Manager in Thiruvananthapuram

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

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.

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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The Muthoot Group Business Development Officer Salary FAQs

What is the salary of Business Development Officer at The Muthoot Group ?

The average salary of a Business Development Officer at The Muthoot Group in India typically ranges from ₹2.0 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Business Development Officer at The Muthoot Group earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Business Development Officer 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 Officer at The Muthoot Group in India?

The estimated take-home salary of a Business Development Officer at The Muthoot Group in India typically ranges from ₹18,140 to ₹19,831 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 Officer at The Muthoot Group ?

To be a Business Development Officer at The Muthoot Group in india, the key skills required include:

- Sales
- Team Coordination
- Business Development
- Promotions
- Sales Management

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 Officer in India?

Citicorp	₹20.0 Lakhs to ₹50.0 Lakhs per year
Aditya Birla Capital	₹2.3 Lakhs to ₹3.8 Lakhs per year
Satya MicroCapital	₹1.3 Lakhs to ₹3.8 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 Officer in companies similar to The Muthoot Group in India?

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

Motilal Oswal Financial Services	₹2.5 Lakhs to ₹2.8 Lakhs per year
Bajaj Finserv	₹2.3 Lakhs to ₹2.6 Lakhs per year
American Express	₹2.0 Lakhs to ₹3.0 Lakhs per year
HDFC Sales	₹1.9 Lakhs to ₹2.5 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 Development Officer at The Muthoot Group in India?

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

Experience	Average Salary Range
Fresher	₹1.0 Lakhs to ₹2.5 Lakhs per year
1 year	₹1.0 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.0 Lakhs to ₹4.5 Lakhs per year
3 years	₹2.5 Lakhs to ₹2.8 Lakhs per year

and so on.

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The Muthoot Group Business Development Officer Salaries by Location

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The Muthoot Group Business Development Officer Salaries

The Muthoot Group Business Development Officer salary in India ranges between ₹2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 The Muthoot Group latest salaries received from various employees of The Muthoot Group.

The Muthoot Group Business Development Officer salaries in India

Companies similar to The Muthoot Group for Business Development Officer

Latest annual salaries shared by The Muthoot Group Business Development Officer

Experience wise The Muthoot Group Business Development Officer salaries

Similar Designation salaries in The Muthoot Group

Top skills at The Muthoot Group for Business Development Officer

Salary related reviews for The Muthoot Group

Branch Manager in Gadarwara

Branch Manager in Bangalore / Bengaluru

Branch Manager in Tiptur

Senior Sales Executive in Nellore

Branch Manager in Thiruvananthapuram

The Muthoot Group Business Development Officer Salary FAQs

Tell us how to improve this page.

The Muthoot Group Business Development Officer Salaries by Location