Muthoot Microfin Business Development Manager Salaries by 3 Employees (Updated 2025)

4 - 6 years exp.

₹2 Lakhs - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

71% less than the average Business Development Manager Salary in NBFC Companies for 4 - 6 years of experience

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Last Updated: 30 Oct 2024

Companies similar to Muthoot Microfin for Business Development Manager

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Shriram Finance Business Development Manager Salary 0 - 9 years exp. (34 salaries)	₹2 L/yr - ₹4 L/yr 29% more
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Muthoot Finance Business Development Manager Salary 5 - 9 years exp. (20 salaries)	₹2.8 L/yr - ₹6.3 L/yr 94% more
Fusion Microfinance Business Development Manager Salary 3 - 8 years exp. (20 salaries)	₹3 L/yr - ₹6.8 L/yr 99% more
HDB Financial Services Business Development Manager Salary 1 - 4 years exp. (15 salaries)	₹1.8 L/yr - ₹4.1 L/yr 15% more
Aditya Birla Finance Business Development Manager Salary 3 - 15 years exp. (12 salaries)	₹6.4 L/yr - ₹17.5 L/yr 564% more
Muthoot Fincorp Business Development Manager Salary 3 - 10 years exp. (8 salaries)	₹2.5 L/yr - ₹4.6 L/yr 43% more
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 317% more
Home Credit Finance Business Development Manager Salary 3 - 7 years exp. (5 salaries)	₹1.5 L/yr - ₹2.2 L/yr 11% less
Bajaj Finance Business Development Manager Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹4.8 L/yr 90% more
TVS Credit Business Development Manager Salary 2 - 30 years exp. (4 salaries)	₹6 L/yr - ₹15 L/yr 382% more

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Business Development Manager salary at Muthoot Microfin ranges between ₹2 Lakhs to ₹2.5 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Business Development Manager salaries

Last Updated: 30 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
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6 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in Muthoot Microfin

Senior Business Development Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.3 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Area Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(33 salaries)

₹2.9 L/yr - ₹7.88 L/yr

Regional Manager Salary

(32 salaries)

₹5 L/yr - ₹10 L/yr

Branch Manager Salary

(96 salaries)

₹2 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Area Manager Salary

(63 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Salary related reviews for Muthoot Microfin

4.5

Rated by 2 employees for salary & benefits

Manager in Sangli

Full Time

Human Resources Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Branch Relationship Manager Operation in Bijnor

Full Time

Sales & Business Development Department

4.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

Salary - Good

+3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

Work satisfaction - Poor

Senior Relationship Officer in Berhampur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2023

1.0

for Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

Salary - Bad

+5 more

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 15 Dec 2022

1.0

for Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

Job security - Good

+2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

Salary - Bad

+2 more

Relationship Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Feb 2023

3.0

for Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

Skill development - Good

+2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

Promotions - Bad

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Microfin Business Development Manager Salary FAQs

What is the notice period for Business Development Manager at Muthoot Microfin?

According to AmbitionBox, 100% of the Muthoot Microfin Business Development Managers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Business Development Manager Salaries

Muthoot Microfin Business Development Manager salary in India ranges between ₹2 Lakhs to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.