Muthoot Pappachan Group Business Development Manager Salaries by 8 Employees (Updated 2024)

6 - 13 years exp.

₹3 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

37% less than the average Business Development Manager Salary in Financial Services Companies for 6 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Business Development Manager Salary 6 - 13 years exp. (6 salaries)	₹3 L/yr - ₹6 L/yr
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Customer Success, Service & Operations Business Development Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹4.4 L/yr

Last Updated: 15 Nov 2023

Companies similar to Muthoot Pappachan Group for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Business Development Manager Salary 0 - 9 years exp. (29 salaries)	₹2 L/yr - ₹3.8 L/yr 38% less	2 job openings
Poonawalla Fincorp Business Development Manager Salary 3 - 19 years exp. (8 salaries)	₹9.7 L/yr - ₹12 L/yr 132% more
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Bajaj Finance Business Development Manager Salary 4 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4.8 L/yr 4% less
HDB Financial Services Business Development Manager Salary 1 - 4 years exp. (15 salaries)	₹1.8 L/yr - ₹4.1 L/yr 47% less
Mahindra Finance Business Development Manager Salary 1 - 8 years exp. (22 salaries)	₹2.3 L/yr - ₹9.7 L/yr 21% more
Cholamandalam Investment & Finance Business Development Manager Salary 4 - 7 years exp. (5 salaries)	₹1.9 L/yr - ₹6 L/yr 35% less
Reliance Capital Business Development Manager Salary 0 - 5 years exp. (4 salaries)	₹3.2 L/yr - ₹3.9 L/yr 22% less
Edelweiss Business Development Manager Salary 1 - 13 years exp. (15 salaries)	₹2.5 L/yr - ₹7.6 L/yr 23% less
L&T Finance Business Development Manager Salary 2 - 5 years exp. (7 salaries)	₹8.1 L/yr - ₹13.4 L/yr 103% more
Aditya Birla Capital Business Development Manager Salary 1 - 14 years exp. (83 salaries)	₹2.3 L/yr - ₹7 L/yr 2% less
Motilal Oswal Financial Services Business Development Manager Salary 2 - 8 years exp. (31 salaries)	₹2.2 L/yr - ₹9 L/yr 15% more
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American Express Business Development Manager Salary 4 - 10 years exp. (25 salaries)	₹3 L/yr - ₹9 L/yr 37% more
HDFC Sales Business Development Manager Salary 2 - 6 years exp. (12 salaries)	₹2.4 L/yr - ₹4 L/yr 31% less
Citigroup Business Development Manager Salary 1 - 7 years exp. (7 salaries)	₹14 L/yr - ₹23 L/yr 283% more
HSBC Group Business Development Manager Salary 0 - 7 years exp. (6 salaries)	₹12 L/yr - ₹35 L/yr 343% more
Bajaj Finserv Business Development Manager Salary 1 - 7 years exp. (5 salaries)	₹3 L/yr - ₹6.5 L/yr 14% less
JPMorgan Chase & Co. Business Development Manager Salary 0 - 3 years exp. (5 salaries)	₹23.1 L/yr - ₹58 L/yr 669% more
Credit Suisse Business Development Manager Salary 1 - 3 years exp. (4 salaries)	₹13.6 L/yr - ₹15 L/yr 210% more
Wells Fargo Business Development Manager Salary 11 - 13 years exp. (3 salaries)	₹28 L/yr - ₹35 L/yr 571% more

Business Development Manager salary at Muthoot Pappachan Group ranges between ₹3 Lakhs to ₹6 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Pappachan Group.

Experience wise Muthoot Pappachan Group Business Development Manager salaries

Last Updated: 15 Nov 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹7.4 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.7 L/yr
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8 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
12 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Muthoot Pappachan Group

Senior Business Development Manager Salary

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₹4.3 L/yr - ₹5.15 L/yr

Business Development Executive Salary

(AmbitionBox Estimate)

₹1.3 L/yr - ₹1.6 L/yr

Assistant Sales Manager Salary

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Senior Business Development Executive Salary

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Senior Sales Manager Salary

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Area Sales Manager Salary

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Area Business Manager Salary

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₹3.6 L/yr - ₹4.6 L/yr

Deputy Manager Salary

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Regional Manager Salary

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Branch Manager Salary

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₹1 L/yr - ₹5 L/yr

Top skills at Muthoot Pappachan Group for Business Development Manager

B2B institutional sales B2B Sales Corporate Sales corporate selling institutional selling

Salary related reviews for Muthoot Pappachan Group

5.0

Rated by 1 employees for salary & benefits

Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2019

5.0

for Salary and Benefits

Likes

I am also willing to rejoining but if u high to my previous salary i will rejoined... because this salary reason only my releaving reasons... i have 5 yrs experience on finance field....

Dislikes

Salary is very low at branch manager role... my previous company salary is compare to muthoot is low.

Senior Executive Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly colleagues

Dislikes

Salary increment & Promotion. Despite working at MCSL for the past 5 years, some senior staff is receiving the an equal or lower salary compared to the salary given to the new joiners, despite having the same work role. No work life balance. Requires to Work till midnight is an usual act.

Customer Service Executive in Hubli

All Over Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Work culture will be depend on cluster Reporting Manager AM RM & salary in time on job training

Dislikes

Lot of paper work And no increments career growth is slow People If ur young don't join if ur age is 45 and still u want to work then go head perfect job for those people and they will never address our issue TPP will be biggest enemy Lot of politics very poor in digitalization ,long process if get into MPG just u will feel like ur still in 1990's

IT Engineer in Thiruvananthapuram

Information Technology Department

1.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

Company is good

Dislikes

Very less pay and compensation, except that Orion application team all other team members are good, for biotechnology students they normally give software engineer roles, for M. Tech graduates they use to give support role in non technical side, because their standards are like that, substandard company in technopark trivandrum

Senior Branch Manager in Kolkata

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

Work culture very bad, non suportive. Very bad experience in pandemic time. Not giving salary for two months. No appraisal, no incentives. My one year incentives also not given

Dislikes

Pawn broker time thinking, maximum higher authority not supotive. Management and HR does not addressed our issues. Before and After resign creating problem. Job trainee also not given to new trainee

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Pappachan Group Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Muthoot Pappachan Group?

Business Development Manager salary at Muthoot Pappachan Group in India ranges between ₹3.0 Lakhs to ₹6.0 Lakhs for experience between 6 years to 13 years. According to our estimates it is 37% less than the average Business Development Manager Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Pappachan Group India.

How does the salary of a Business Development Manager at Muthoot Pappachan Group India compare with the average salary range for this job?

The average salary of a Business Development Manager at Muthoot Pappachan Group is 37% less than the average salary of a Business Development Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Business Development Manager at Muthoot Pappachan Group?

B2B, institutional sales, B2B Sales, Corporate Sales and corporate selling are some of the popular skills required to work as a Business Development Manager at Muthoot Pappachan Group India.

Which similar companies are paying more than Muthoot Pappachan Group to a Business Development Manager in India?

JPMorgan Chase & Co. Business Development Manager Salary - ₹23.1 Lakhs to ₹58.0 Lakhs per year
Wells Fargo Business Development Manager Salary - ₹28.0 Lakhs to ₹35.0 Lakhs per year
HSBC Group Business Development Manager Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Citigroup Business Development Manager Salary - ₹14.0 Lakhs to ₹23.0 Lakhs per year
Credit Suisse Business Development Manager Salary - ₹13.6 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Business Development Manager in companies similar to Muthoot Pappachan Group in India?

Poonawalla Fincorp Business Development Manager Salary - ₹9.7 Lakhs to ₹12.0 Lakhs per year
L&T Finance Business Development Manager Salary - ₹8.1 Lakhs to ₹13.4 Lakhs per year
American Express Business Development Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Mahindra Finance Business Development Manager Salary - ₹2.3 Lakhs to ₹9.7 Lakhs per year
Motilal Oswal Financial Services Business Development Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Business Development Manager at Muthoot Pappachan Group in India?

The estimated take-home salary of a Business Development Manager at Muthoot Pappachan Group ranges between ₹34,707 per month to ₹35,951 per month in India. The take-home salary calculation is based on the average Muthoot Pappachan Group Business Development Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.0 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Pappachan Group Business Development Managers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Pappachan Group Business Development Manager Salaries

Muthoot Pappachan Group Business Development Manager salary in India ranges between ₹3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Muthoot Pappachan Group latest salaries received from various employees of Muthoot Pappachan Group.