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Muthoot Finance

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3.6

based on 4.8k Reviews

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Chennai
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Muthoot Finance Salaries in Chennai

based on 1.1k latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
Fresher · Chennai (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹3 L/yr

4 years exp. · Chennai (AmbitionBox Estimate)
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₹3.1 L/yr - ₹4 L/yr

1 year exp. · Chennai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

24 years exp. · Chennai (AmbitionBox Estimate)
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₹0.8 L/yr - ₹1 L/yr

1 year exp. · Chennai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

15 years exp. · Chennai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

5 years exp. · Chennai (AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr

2 job openings
14 years exp. · Chennai (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

16 years exp. · Chennai (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

4 years exp. · Chennai (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

12 years exp. · Chennai (AmbitionBox Estimate)
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₹6.5 L/yr - ₹8.3 L/yr

Fresher · Chennai (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

Fresher · Chennai (AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr

4 years exp. · Chennai (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

2 years exp. · Chennai (AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr

5 years exp. · Chennai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

6 years exp. · Chennai (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Fresher · Chennai (AmbitionBox Estimate)
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₹2 L/yr - ₹2.6 L/yr

1 year exp. · Chennai (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

Last Updated: 3 Jan, 2025

Salary related reviews for Muthoot Finance

3.8

Rated by 155 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

The salary will be credited to your account in every 30th or 31st of the month

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Dislikes

The worst company I have ever seen.companies motive only for increasing the profit and AUM.mostly they prefer to work even on sundays.they think that employee has not family or personal life.normally the working time is 9:30 to 6:00 but we should come to branch on 8:00 to 7:30.thre is no extra payment or benefit for extra time. The superior persons are not support for increasing the business and complete our target and pushing the OTC products at the time of releasing the incentive or bonus.they think that they should pay the incentive to employees but tomorrow they push to login the OTCs.there is no chance to convince the customers for the products because such a worst products they are cross selling.unable to handle the pressure from the superiors the employees login the products using their own cash and become a debtor.this is the reality in muthoot finance.the incentive structure may vary from the performance of the employees like when we perform poorly they should increase the payout per product but we perform better they should decrease the payout per product.

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 13 Nov 2024

4.0
 for  Salary and Benefits

Likes

The risk coverage against all medical treatments and emergencies is covered as per the entitlement. An employee may voluntarily opt to purchase a medical top-up plan for parents/in-laws.

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Dislikes

Low pay: Some say that the salary is low and not enough to meet needs High work pressure: Some say that the work pressure is high and that there is too much pressure Poor work culture: Some say that the work culture is bad Unsupportive management: Some say that the management is unsupportive and that there is no sense for talking to employees No career growth: Some say that there is no career growth and that there is no freedom to talk to employees No increment: Some say that there is no increment or that the increment is less than 4 to 5 percent High targets: Some say that the targets are very high, especially in rural areas Risky job: Some say that the job is risky and that the employee is solely responsible if anything happens Recovery from employees: Some say that the company recovers costs from employees if anything happens

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Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 20 Apr 2022

1.0
 for  Salary and Benefits

Likes

There is no negative star in this options that's why I gave single star otherwise it's very bad work culture

Dislikes

Company has lot of internal politics, no staff benefits, no support from the management giving salary and get back themselves by the way of login days very worse company not even settle the staff benefits at the earliest, no proper work culture etc..,

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Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 08 Feb 2023

4.0
 for  Salary and Benefits

Likes

Timing and work space good

Dislikes

Over target pressure and internal politics attitude audits .over rules if you exit the rules company recovered some amount your salary if you not clear audit reports they'll recovered your salary .

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Renewal executive Department

1.0
  •  posted on 21 Oct 2022

4.0
 for  Salary and Benefits

Likes

Only salary for balance my life

Dislikes

Not to give equal opportunity to all. One day i not finish my target suddenly afternoon i got a call in head office manager speak with angry to speak " " "immediatly leave with muthooth finance why you u eat food " he told with irretately for me. So guys your life and enjoy with good carrer eg: doctor, software Engineer, police, etc.

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Muthoot Finance Salary FAQs

How much does Muthoot Finance pay per year?
The average Muthoot Finance salary ranges from approximately ₹0.9 Lakh to ₹1.2 Lakh per year for a Finance Intern and ₹13 Lakhs to ₹27 Lakhs per year for a Zonal Credit Manager. Salary estimates are based on 1.1k Muthoot Finance salaries received from various employees of Muthoot Finance. Muthoot Finance employees rate the overall salary and benefits package 3.8/5 stars.
What is the highest salary in Muthoot Finance?
The highest-paying job at Muthoot Finance is a Zonal Credit Manager with a salary of ₹13 Lakhs to ₹27 Lakhs per year. The top 10% of employees earn more than ₹5 lakhs per year. The top 1% earn more than a whopping ₹15 lakhs per year.
What is the minimum salary in Muthoot Finance?
Minimum salary at Muthoot Finance depends on the role you are applying for. For Customer Care Executive the minimum salary is ₹1 Lakh to ₹4 Lakhs per year, and for Probationary Officer the minimum salary is ₹1.8 Lakh to ₹3.5 Lakhs per year and so on.
What is the salary package for freshers in Muthoot Finance?
The average salary at Muthoot Finance for freshers varies from ₹0.9 Lakh to ₹1.2 Lakh per year for Finance Intern and ₹3.5 Lakhs to ₹4.8 Lakhs per year for Credit Manager.
What is the notice period at Muthoot Finance in Chennai?
According to AmbitionBox, 33% of the Muthoot Finance employees in Chennai reported a notice period of 3 Months, 24% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 795 responses on AmbitionBox in last 2 years.

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Average annual salary in Muthoot Finance , Chennai is INRunlock blur . Salary estimates are based on 1.1k Muthoot Finance latest salaries received from various employees of Muthoot Finance.

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