Muthoot Finance Hyderabad / Secunderabad Executive Accountant Salaries by 9 Employees

1 - 6 years exp.

₹2.2 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Executive Accountant Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Executive Accountant Salary 1 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹3.6 L/yr
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Customer Success, Service & Operations Executive Accountant Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 1 Mar 2024

Companies similar to Muthoot Finance for Executive Accountant in Hyderabad / Secunderabad

Muthoot Finance Executive Accountant Salary

1 - 6 years exp. (9 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Executive Accountant Salary 1 - 6 years exp. (11 salaries)	₹1.2 L/yr - ₹3 L/yr 13% less
Spandana Sphoorty Financial Executive Accountant Salary 0 - 4 years exp. (5 salaries)	₹1.6 L/yr - ₹3.7 L/yr 14% less
Login to view exact salary
HDB Financial Services Executive Accountant Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹2.2 L/yr 25% less
IIFL Finance Executive Accountant Salary 2 - 4 years exp. (3 salaries)	₹2.7 L/yr - ₹4.5 L/yr 29% more
Mahindra Rural Housing Finance Executive Accountant Salary 3 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 16% less

Executive Accountant salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Executive Accountant salaries in Hyderabad / Secunderabad

Last Updated: 1 Mar 2024

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.2 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

View all

From

Executive Accountant

₹

Lakhs/yr

1 - 8 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Executive Accountant

1 - 8 years exp.

Assistant Manager

0 - 10 years exp.

45% hike

Branch Manager

2 - 18 years exp.

21% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Finance

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JRE Salary

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₹1.7 L/yr - ₹4.5 L/yr

Assistant Manager Incharge Salary

(15 salaries)

₹2.65 L/yr - ₹4.32 L/yr

Audit Executive Salary

(13 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Junior Accounts Executive Salary

(6 salaries)

₹2 L/yr - ₹3 L/yr

Internal Auditor Salary

(5 salaries)

₹3 L/yr - ₹4.8 L/yr

Finance Executive Salary

(5 salaries)

₹1.6 L/yr - ₹2.59 L/yr

Credit Manager Salary

(3 salaries)

₹3.9 L/yr - ₹5.2 L/yr

Top skills at Muthoot Finance for Executive Accountant

Loans Auditing MOM MIS CMS Gold Loan CCTV Monitoring Biochemistry Reconciliation Private Banking Bank Reconciliation Banking

Salary related reviews for Muthoot Finance

1.5

Rated by 3 employees for salary & benefits

Executive Accountant in Jorhat

Full Time

Finance & Accounting Department

2.0

• posted on 13 Nov 2023

1.0

for Salary and Benefits

Likes

I have learned lets of things from the company. I have got an opportunity to work as a JRE in this company. And I have met different types of customers to deal.as a company Muthoot group is the best for gold loan .

Company culture - Good

Dislikes

First of all I would like to mention dislike is that about salary and promotion.. I’m working from 2018 to till date but there is no promotion and proper increment also. Sometimes they use to extend the working time and Sunday also open sometimes. I’m facing in this year although I have leave but they didn’t gave leave . And they have rejected my have rejected my leave from REGIONAL OFFICE. There are lots of things that I don’t want to reveal. I have been facing Personal problems (politics ) branch and RO LEVEL

Salary - Bad

+1 more

Executive Accountant in Ranchi

Finance & Accounting Department

4.0

• posted on 15 Mar 2022

3.0

for Salary and Benefits

Likes

Good work environment, salary on time,secure job and company policies are good.

Skill development - Good

+2 more

Dislikes

Career growth is too slow and appraisal are not good. Company encourages only old members, lots of politics and management is not transparent. Office in time fix but out time not fixed its depends on own branch manger, no proper lunch time, no any other allowance.

Executive Accountant in Kolkata

Finance & Accounting Department

4.0

• posted on 27 Nov 2021

3.0

for Salary and Benefits

Likes

Great experience as a fresher,learned cash handling,gold checking,work life balanced perfectly.You can earn quarterly incentives and gift vouchers by fulfilling targets.

Skill development - Good

+3 more

Dislikes

Everything is good except few things 1)pay scale is low and career growth is slow 2)There is a bond of 1 year before which you can't resign or you have to pay 2 months salary if you wish to resign within an year.

Promotions - Poor

Executive Accountant in Chikkaballapur

Finance & Accounting Department

3.0

• posted on 29 Oct 2019

4.0

for Salary and Benefits

Likes

Very good salary and incentive my team mates also very supportive and company training also providing the new joinies this is good platform to starting to career for fresher employees to get experience.

Salary - Good

+1 more

Dislikes

Very high target and what ever losses happen that and recovery from employees only eg.If customer stolen item are pledging if police case happening that employee only responsible. Very high risk and there is no job security.

Job security - Bad

+4 more

Executive Accountant in Bangalore / Bengaluru

Finance & Accounting Department

3.0

• posted on 19 Mar 2018

1.0

for Salary and Benefits

Likes

... for freshers which is having good opportunities for learning small things also. And the salary is not that much good for experienced candidates and if we consider the profit of company also salary is not good, here the human resources treat equally even freshers and experiences both are treated same in behalf of management.

Dislikes

Which is completely not matched for well knowledged

Salary - Bad

+6 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Finance Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad?

The average salary of a Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹2.2 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Executive Accountant in Hyderabad / Secunderabad at Muthoot Finance earn more than ₹3.4 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Executive Accountant Salaries at Muthoot Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Muthoot Finance employees in India.

What is the estimated take home salary of a Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad?

The estimated take-home salary of a Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹19,983 to ₹21,647 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad?

To be a Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad, the key skills required include:

- Loans
- Auditing
- MOM
- MIS
- CMS

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Executive Accountant in India?

IIFL Finance

₹2.7 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.

What is the salary of a Executive Accountant in companies similar to Muthoot Finance in Hyderabad / Secunderabad?

The salary of a Executive Accountant at companies similar to Muthoot Finance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Finance	₹1.2 Lakhs to ₹3.0 Lakhs per year
Spandana Sphoorty Financial	₹1.6 Lakhs to ₹3.7 Lakhs per year
Mahindra Rural Housing Finance	₹2.0 Lakhs to ₹2.4 Lakhs per year
HDB Financial Services	₹2.0 Lakhs to ₹2.2 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad?

The salary growth for a Executive Accountant at Muthoot Finance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Executive Accountant in Hyderabad / Secunderabad can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.7 Lakhs per year
2 years	₹2.4 Lakhs to ₹3.1 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.1 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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Muthoot Finance Executive Accountant Salaries in Hyderabad / Secunderabad

Muthoot Finance Executive Accountant salary in Hyderabad / Secunderabad ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Muthoot Finance latest salaries received from various employees of Muthoot Finance.