Muthoot Finance Banking Assistant Salaries by 4 Employees (Updated 2025)

0 - 7 years exp.

₹1.1 Lakh - ₹9.1 Lakhs

Low Confidence

Salary of majority employees

61% more than the average Banking Assistant Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations Banking Assistant Salary 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
IT & Information Security Banking Assistant Salary 2 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
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Sales & Business Development Banking Assistant Salary 7 years exp. (AmbitionBox Estimate)	₹8.2 L/yr - ₹10 L/yr

Last Updated: 24 Jun 2024

Companies similar to Muthoot Finance for Banking Assistant

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Banking Assistant Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 49% less
Bajaj Finance Banking Assistant Salary 0 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹3.5 L/yr 53% less
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HDFC Bank Banking Assistant Salary 0 - 6 years exp. (94 salaries)	₹1 L/yr - ₹4.3 L/yr 50% less
ICICI Bank Banking Assistant Salary 0 - 5 years exp. (31 salaries)	₹1.4 L/yr - ₹7 L/yr 32% less
Axis Bank Banking Assistant Salary 1 - 5 years exp. (25 salaries)	₹2 L/yr - ₹5.5 L/yr 31% less
Kotak Mahindra Bank Banking Assistant Salary 1 - 5 years exp. (81 salaries)	₹1.5 L/yr - ₹4.3 L/yr 35% less
IIFL Finance Banking Assistant Salary 4 - 15 years exp. (4 salaries)	₹2.6 L/yr - ₹6.2 L/yr 23% less
Muthoot Fincorp Banking Assistant Salary 2 - 10 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 51% less
Bharat Financial Inclusion Banking Assistant Salary 2 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹4.5 L/yr 22% less
Aavas Financiers Banking Assistant Salary 0 - 6 years exp. (3 salaries)	₹1.6 L/yr - ₹2.1 L/yr 63% less

Banking Assistant salary at Muthoot Finance ranges between ₹1.1 Lakh to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Banking Assistant salaries

Last Updated: 24 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.1 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.1 L/yr

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Salary related reviews for Muthoot Finance

3.4

Rated by 2 employees for salary & benefits

Deputy Manager in Rae Bareli

Full Time

Customer Success, Service & Operations Department

3.0

• posted 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

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

Promotions - Poor

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted 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

Salary - Bad

+6 more

Account Assistant in Alibag

Full Time

Customer Success, Service & Operations Department

2.0

• posted 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

Salary - Bad

+6 more

Finance Executive in Tirunelveli

Finance & Accounting Department

5.0

• posted 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.

Salary - Excellent

+6 more

Dislikes

No dislike and no issues for this company

Accountant in Mumbai

Finance & Accounting Department

5.0

• posted 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

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

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AmbitionBox

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 Finance Banking Assistant Salary FAQs

What is the salary of Banking Assistant at Muthoot Finance?

Banking Assistant salary at Muthoot Finance in India ranges between ₹1.1 Lakhs to ₹9.1 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 61% more than the average Banking Assistant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Banking Assistant at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Banking Assistant at Muthoot Finance is 61% more than the average salary of a Banking Assistant in India. To know exact salary insights, login to view.

What is the salary of a Banking Assistant in companies similar to Muthoot Finance in India?

Bharat Financial Inclusion Banking Assistant Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
IIFL Finance Banking Assistant Salary - ₹2.6 Lakhs to ₹6.2 Lakhs per year
Axis Bank Banking Assistant Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year
ICICI Bank Banking Assistant Salary - ₹1.4 Lakhs to ₹7.0 Lakhs per year
Kotak Mahindra Bank Banking Assistant Salary - ₹1.5 Lakhs to ₹4.3 Lakhs per year

What is the estimated take home salary of a Banking Assistant at Muthoot Finance in India?

The estimated take-home salary of a Banking Assistant at Muthoot Finance ranges between ₹36,442 per month to ₹37,660 per month in India. The take-home salary calculation is based on the average Muthoot Finance Banking Assistant salary in India which ranges between ₹1.1 Lakhs to ₹9.1 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Banking Assistant at Muthoot Finance?

According to AmbitionBox, 100% of the Muthoot Finance Banking Assistants reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Banking Assistant Salaries

Muthoot Finance Banking Assistant salary in India ranges between ₹1.1 Lakh to ₹9.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.