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Muthoot Finance Accountant salaries in Mumbai

Annual salary range
1 - 7 years exp.
₹2.1 Lakhs - ₹5.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Accountant Salary at Muthoot Finance ranges between ₹2.1 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 6 latest salaries received from various... Read more

14% less than the average Accountant Salary in NBFC Companies for 1 - 7 years of experience

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Last Updated: 5 Nov 2024

Companies similar to Muthoot Finance for Accountant in Mumbai

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Muthoot Finance Accountant Salary

1 - 7 years exp. (6 salaries)

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₹2.1 L/yr - ₹5.1 L/yr

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HDB Financial Services Accountant Salary

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₹1.5 L/yr - ₹4.5 L/yr

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IIFL Finance Accountant Salary

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₹2 L/yr - ₹5.5 L/yr

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Shriram Finance Accountant Salary

0 - 6 years exp. (6 salaries)

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₹1.2 L/yr - ₹4 L/yr

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Capri Global Capital Accountant Salary

6 - 9 years exp. (5 salaries)

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₹4.7 L/yr - ₹6 L/yr

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L&T Finance Accountant Salary

1 - 3 years exp. (5 salaries)

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₹10.9 L/yr - ₹12.5 L/yr

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Bajaj Finance Accountant Salary

1 - 9 years exp. (5 salaries)

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₹2 L/yr - ₹4.5 L/yr

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Muthoot Finance Accountant salaries by

Years of experience Avg. annual salary
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹2.9 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
View all salaries by experience

Similar Designation Salaries at Muthoot Finance

Similar Designation Avg. annual salary
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₹1.5 L/yr - ₹3.5 L/yr

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₹5 L/yr - ₹7 L/yr

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₹2.4 L/yr - ₹3.8 L/yr

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₹2.4 L/yr - ₹3 L/yr

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2w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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Salary related reviews for Muthoot Finance

1.5

Rated by 2 employees for salary & benefits

Finance & Accounting Department

5.0
  •  updated on 21 Nov 2019

4.0
 for  Salary and Benefits

Likes

The company take cares of their employees these is the best thingh of these company whenever you do a business for the company it does not keeps the whole profit with them they share a certaiin part of it to those employees whose involvement is there to make that business sucessfull so these is the best thingh that i like about muthoot finance that they does not only think of their profit or pockets they also do take care of their employees to

read more
  • Salary - Good
  • +4 more

Dislikes

...recovery and the worst thingh is that if i fail to punch after 9 am if also 9.1. Has became my half day salary will be deducted these is the worst thingh which almost all employees does not likes

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  updated on 01 Dec 2024

3.0
 for  Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

read more
  • Skill development - Good
  • +4 more

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

read more
  • Promotions - Poor

Full Time

 · 

Finance & Accounting Department

1.0
  •  updated on 19 Jul 2024

1.0
 for  Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  updated on 20 Dec 2023

1.0
 for  Salary and Benefits

Likes

Salary is credited on time.

Dislikes

They do more work in less salary. Work time is too much. In that too, sometimes they stop for more time and work. They work on Sundays as well. Salary does not increase even after working for 8 years. Older employees give more pressure and harass them

read more
  • Salary - Bad
  • +6 more

Finance & Accounting Department

5.0
  •  updated on 08 May 2021

5.0
 for  Salary and Benefits

Likes

...ansparent and friendly. Company policies are good.work with an comfortable zone.appraisals are fair and they provide good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

No dislike and no issues for this company

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Muthoot Finance Accountant Salary FAQs

What is the salary of Accountant at Muthoot Finance in Mumbai?
The average salary of a Accountant at Muthoot Finance in Mumbai typically ranges from ₹2.1 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Accountant in Mumbai at Muthoot Finance earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.1 Lakhs per year. Accountant Salaries at Muthoot Finance 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 6 Muthoot Finance employees in India.
What is the estimated take home salary of a Accountant at Muthoot Finance in Mumbai?
The estimated take-home salary of a Accountant at Muthoot Finance in Mumbai typically ranges from ₹20,200 to ₹21,860 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 1 year 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 6 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Accountant at Muthoot Finance in Mumbai?
To be a Accountant at Muthoot Finance in Mumbai, the key skills required include:

  • - GST Return
  • - Tax Returns
  • - Tax Compliance
  • - Accounting
  • - GST Filing

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Finance for Accountant in India?
L&T Finance ₹10.9 Lakhs to ₹12.5 Lakhs per year
Capri Global Capital ₹4.7 Lakhs to ₹6.0 Lakhs per year
IIFL Finance ₹2.0 Lakhs to ₹5.5 Lakhs per year
HDB Financial Services ₹1.5 Lakhs to ₹4.5 Lakhs per year

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

Shriram Finance ₹1.2 Lakhs to ₹4.0 Lakhs per year
Bajaj Finance ₹2.0 Lakhs to ₹4.5 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 Accountant at Muthoot Finance in Mumbai?
The salary growth for a Accountant at Muthoot Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Accountant in Mumbai can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
1 year ₹2.2 Lakhs to ₹2.9 Lakhs per year
2 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.4 Lakhs to ₹3.1 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

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Muthoot Finance Accountant salary in Mumbai ranges between ₹2.1 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Muthoot Finance latest salaries received from various employees of Muthoot Finance.