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Last Updated:
25 Dec 2023
Cluster Officer salary at Muthoot Finance ranges between ₹2.2
Lakhs
to ₹2.7
Lakhs
per year for employees with less than 1 year of experience. Salary
estimates are based on
2 latest salaries received
from various employees of Muthoot Finance.
Salary related reviews for Muthoot Finance
Relationship Executive in
Chennai
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
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.
1.Market approach
2.On time salary and incentives
3.Accessible and easy to search services
4. Old and most known name in gold loan in market
5.brand goodwill
1. Security issues (unnecessary burden on employee)
2. It is like a high security jail
3. Unnecessary sales burden
4. Focus day ( no decreased roi no high per gram rate then it is illogical)
5. Sunday/night visit ( it should be the job done by security guard)
6. A number of products to sale with daily basis target (nobody can achieve all in a day)
7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time .
8. High rate of interest, difficult to add new customer comparing other banks and NBFC's
9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.
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
Relationship Executive in
Hyderabad / Secunderabad
Full Time
·
Finance & Accounting Department
5.0
• posted on 30 Nov 2023
5.0
for Salary and Benefits
Likes
...r knowledge .
We can learn each and every product knowledge in muthoot finance.
And quarterly incentives are there with salary.
I love very much of security system of muthoot finance
No deslikes are there but one thing few holidays are there in muthoot finance that's it.
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
What is the notice period for Cluster Officer at Muthoot Finance in Kota?
According to AmbitionBox, 100% of the Muthoot Finance Cluster Officers in Kota reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.
Muthoot Finance Cluster Officer salary in
Kota
ranges between ₹2.2
Lakhs to ₹2.7
Lakhs. This is an estimate based on
latest salaries received from employees of Muthoot Finance.