Muthoot Finance Customer Service Associate Salaries by 5 Employees (Updated 2025)

0 - 3 years exp.

₹2 Lakhs - ₹2.7 Lakhs

Low Confidence

Salary of majority employees

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26% less than the average Customer Service Associate Salary in NBFC Companies for 0 - 3 years of experience

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Last Updated: 23 May 2024

Companies similar to Muthoot Finance for Customer Service Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Customer Service Associate Salary 1 - 2 years exp. (6 salaries)	Unlock ₹1 L/yr - ₹2 L/yr 22% less
HDFC Bank Customer Service Associate Salary 0 - 5 years exp. (29 salaries)	Unlock ₹1.8 L/yr - ₹4.2 L/yr 32% more
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ICICI Bank Customer Service Associate Salary 0 - 3 years exp. (212 salaries)	Unlock ₹1.8 L/yr - ₹4.6 L/yr 47% more
Axis Bank Customer Service Associate Salary 0 - 4 years exp. (80 salaries)	Unlock ₹1.6 L/yr - ₹4.5 L/yr 24% more
Kotak Mahindra Bank Customer Service Associate Salary 1 - 7 years exp. (27 salaries)	Unlock ₹1.5 L/yr - ₹4 L/yr 43% more
Tata Capital Customer Service Associate Salary 0 - 4 years exp. (7 salaries)	Unlock ₹1.5 L/yr - ₹5 L/yr 44% more
HDB Financial Services Customer Service Associate Salary 0 - 5 years exp. (23 salaries)	Unlock ₹1.5 L/yr - ₹3 L/yr 3% less
Mahindra Finance Customer Service Associate Salary 1 - 6 years exp. (15 salaries)	Unlock ₹1.9 L/yr - ₹3 L/yr 15% more
SMFG India Credit Customer Service Associate Salary 1 - 6 years exp. (15 salaries)	Unlock ₹2.4 L/yr - ₹3.2 L/yr 38% more
Sammaan Capital Limited Customer Service Associate Salary 0 - 5 years exp. (10 salaries)	Unlock ₹2.1 L/yr - ₹3 L/yr 25% more
Muthoot Fincorp Customer Service Associate Salary 1 - 3 years exp. (8 salaries)	Unlock ₹1.3 L/yr - ₹2.7 L/yr 10% less
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IIFL Finance Customer Service Associate Salary 0 - 5 years exp. (7 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 2% less
Sundaram Finance Customer Service Associate Salary 0 - 5 years exp. (4 salaries)	Unlock ₹1.3 L/yr - ₹2.5 L/yr 7% less
L&T Finance Customer Service Associate Salary 0 - 5 years exp. (3 salaries)	Unlock ₹1.7 L/yr - ₹2.9 L/yr 5% less
Poonawalla Fincorp Customer Service Associate Salary 2 - 6 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹4 L/yr 63% more

Customer Service Associate salary at Muthoot Finance ranges between ₹2 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Customer Service Associate salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹3.9 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹0.9 L/yr - ₹2.2 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹4 L/yr

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Salary related reviews for Muthoot Finance

4.5

Rated by 2 employees for salary & benefits

Customer Service Associate in Vijayawada

Customer Success, Service & Operations Department

3.0

• posted on 10 Aug 2021

4.0

for Salary and Benefits

Likes

Friendly colleagues in my branch, time to time salary , good incentives monthly and quarterly

Salary - Good

+1 more

Dislikes

Over targets, too much pressure, bad coordination between colleagues, caste feeling promotions, daily extra time work and sometime Sunday also have to work

Skill development - Poor

+2 more

Sales Manager in Kochi

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

Skill development - Bad

+5 more

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

Branch Manager in New Delhi

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

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.

Job security - Bad

+3 more

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Customer Service Associate Salary FAQs

What is the salary of Customer Service Associate at Muthoot Finance?

Customer Service Associate salary at Muthoot Finance in India ranges between ₹2.0 Lakhs to ₹2.7 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 26% less than the average Customer Service Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Customer Service Associate at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Customer Service Associate at Muthoot Finance is 26% less than the average salary of a Customer Service Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Finance to a Customer Service Associate in India?

Poonawalla Fincorp Customer Service Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
ICICI Bank Customer Service Associate Salary - ₹1.8 Lakhs to ₹4.6 Lakhs per year
Tata Capital Customer Service Associate Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra Bank Customer Service Associate Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
SMFG India Credit Customer Service Associate Salary - ₹2.4 Lakhs to ₹3.2 Lakhs per year

What is the salary of a Customer Service Associate in companies similar to Muthoot Finance in India?

HDFC Bank Customer Service Associate Salary - ₹1.8 Lakhs to ₹4.2 Lakhs per year
Sammaan Capital Limited Customer Service Associate Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
Axis Bank Customer Service Associate Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year
Mahindra Finance Customer Service Associate Salary - ₹1.9 Lakhs to ₹3.0 Lakhs per year
IIFL Finance Customer Service Associate Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Customer Service Associate at Muthoot Finance in India?

The estimated take-home salary of a Customer Service Associate at Muthoot Finance ranges between ₹15,027 per month to ₹16,597 per month in India. The take-home salary calculation is based on the average Muthoot Finance Customer Service Associate salary in India which ranges between ₹2.0 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Customer Service Associate at Muthoot Finance?

According to AmbitionBox, 33% of the Muthoot Finance Customer Service Associates reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Finance Customer Service Associate Salaries

Muthoot Finance Customer Service Associate salary in India ranges between ₹2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.