Upload Button Icon Add office photos
Premium Employer

i

This company page is being actively managed by Muthoot Finance Team. If you also belong to the team, you can get access from here

Muthoot Finance

Compare button icon Compare button icon Compare
3.6

based on 4.8k Reviews

filter salariesFilter salaries by

Muthoot Finance Cluster Officer salaries in New Delhi

Annual salary range
0 - 6 years exp.
₹2.4 Lakhs - ₹2.6 Lakhs
Salary of majority employees
unlock blur
unlock blur

32% less than the average Cluster Officer Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Cluster Officer Salary
0 - 2 years exp. (3 salaries)
unlock-blur

₹2.4 L/yr - ₹2.5 L/yr

Finance & Accounting
Cluster Officer Salary
2 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.4 L/yr - ₹2.6 L/yr

Last Updated: 13 Sep 2024

Companies similar to Muthoot Finance for Cluster Officer in New Delhi

Logo
Muthoot Finance Cluster Officer Salary

0 - 6 years exp. (6 salaries)

unlock blur

₹2.4 L/yr - ₹2.6 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
PNB Housing Finance Cluster Officer Salary

5 - 7 years exp. (7 salaries)

unlock blur

₹3.4 L/yr - ₹6.8 L/yr

arrow icon 125% more
Logo
Origo Commodities Cluster Officer Salary

7 - 10 years exp. (3 salaries)

unlock blur

₹3 L/yr - ₹4.3 L/yr

arrow icon 50% more
Cluster Officer salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Cluster Officer in New Delhi

4mo ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
3 months exp.

Experience wise Muthoot Finance Cluster Officer salaries in New Delhi

Last Updated: 13 Sep 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹4.4 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹1 L/yr - ₹2.6 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹2.4 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2.2 L/yr - ₹2.8 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹2.2 L/yr - ₹2.8 L/yr
View all

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(52 salaries)
unlock blur
₹2.6 L/yr - ₹7 L/yr
Deputy Manager Salary
(18 salaries)
unlock blur
₹3 L/yr - ₹9.6 L/yr
unlock blur
₹2.15 L/yr - ₹4.5 L/yr
unlock blur
₹2 L/yr - ₹3.53 L/yr
Sales Manager Salary
(3 salaries)
unlock blur
₹4.5 L/yr - ₹5.6 L/yr

Salary related reviews for Muthoot Finance

1.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Jan 2025

3.0
 for  Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

read more
  • Skill development - Bad
    +5 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 15 Dec 2024

2.0
 for  Salary and Benefits

Likes

The one and only thing is good that they pay the salary on time. But the salary is very low compared to their competitors.

read more

Dislikes

Nothing is good in the company. The regional office staff will not help you when you face some problems. When you join the company they will tell you that it's a 9-6 job but in reality it is 9-7:30 job or beyond. Create senseless pressure by the management. Even they forcefully work you on "SUNDAY". That means there are no holiday. Think 100 times before join this company.

read more
  • Salary - Poor
    +5 more

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

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

 · 

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

read more

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.

read more
  • Salary - Poor
    +6 more

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 28 Oct 2024

4.0
 for  Salary and Benefits

Likes

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

read more
  • Salary - Good
    +2 more

Dislikes

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.

read more
  • Job security - Bad
    +3 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Muthoot Finance Cluster Officer Salary FAQs

What is the salary of Cluster Officer at Muthoot Finance New Delhi?
Cluster Officer salary at Muthoot Finance in New Delhi ranges between ₹2.4 Lakhs to ₹2.6 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 32% less than the average Cluster Officer Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance New Delhi.
How does the salary of a Cluster Officer at Muthoot Finance New Delhi compare with the average salary range for this job?
The average salary of a Cluster Officer at Muthoot Finance is 32% less than the average salary of a Cluster Officer in New Delhi. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Finance to a Cluster Officer in New Delhi?
  • PNB Housing Finance Cluster Officer Salary - ₹3.4 Lakhs to ₹6.8 Lakhs per year
  • Origo Commodities Cluster Officer Salary - ₹3.0 Lakhs to ₹4.3 Lakhs per year
What is the estimated take home salary of a Cluster Officer at Muthoot Finance in New Delhi?
The estimated take-home salary of a Cluster Officer at Muthoot Finance ranges between ₹17,186 per month to ₹18,891 per month in New Delhi. The take-home salary calculation is based on the average Muthoot Finance Cluster Officer salary in India which ranges between ₹2.4 Lakhs to ₹2.6 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Cluster Officer at Muthoot Finance in New Delhi?
According to AmbitionBox, 83% of the Muthoot Finance Cluster Officers in New Delhi reported a notice period of 15 days or less, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Cluster Officer salary in New Delhi ranges between ₹2.4 Lakhs to ₹2.6 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.