Muthoot Finance Mumbai Executive Accountant Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

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23% 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. (10 salaries)	Unlock ₹2 L/yr - ₹3.2 L/yr
BFSI, Investments & Trading Executive Accountant Salary 3 - 6 years exp. (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Executive Accountant Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹3.1 L/yr

Last Updated: 19 Feb 2025

Companies similar to Muthoot Finance for Executive Accountant in Mumbai

Muthoot Finance Executive Accountant Salary

1 - 6 years exp. (15 salaries)

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₹2 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Executive Accountant Salary 2 - 7 years exp. (12 salaries)	Unlock ₹1.9 L/yr - ₹4.5 L/yr 5% less
ICICI Bank Executive Accountant Salary 0 - 7 years exp. (15 salaries)	Unlock ₹1.4 L/yr - ₹5 L/yr 21% more
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Axis Bank Executive Accountant Salary 1 - 6 years exp. (11 salaries)	Unlock ₹1.8 L/yr - ₹4.2 L/yr 2% less
Kotak Mahindra Bank Executive Accountant Salary 1 - 5 years exp. (22 salaries)	Unlock ₹1.7 L/yr - ₹3.6 L/yr At par
Shriram Finance Executive Accountant Salary 0 - 8 years exp. (20 salaries)	Unlock ₹1.5 L/yr - ₹3.2 L/yr 8% less
Mahindra Finance Executive Accountant Salary 4 - 9 years exp. (16 salaries)	Unlock ₹2.1 L/yr - ₹5.3 L/yr 20% more
SMFG India Credit Executive Accountant Salary 1 - 7 years exp. (16 salaries)	Unlock ₹2.6 L/yr - ₹4.1 L/yr 31% more
Mahindra Rural Housing Finance Executive Accountant Salary 2 - 7 years exp. (13 salaries)	Unlock ₹2.1 L/yr - ₹3.2 L/yr 8% less
HDB Financial Services Executive Accountant Salary 1 - 4 years exp. (12 salaries)	Unlock ₹1.6 L/yr - ₹3.1 L/yr 26% less
L&T Finance Executive Accountant Salary 0 - 8 years exp. (7 salaries)	Unlock ₹2.1 L/yr - ₹4.1 L/yr 11% more
Tata Capital Executive Accountant Salary 3 - 11 years exp. (7 salaries)	Unlock ₹3.1 L/yr - ₹5.1 L/yr 36% more
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IIFL Finance Executive Accountant Salary 2 - 5 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹3.6 L/yr 10% more
Aditya Birla Finance Executive Accountant Salary 5 - 13 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr 42% more

Executive Accountant salary at Muthoot Finance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Executive Accountant in Mumbai

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2 years exp.

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2 years exp.

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5 years exp.

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4 years exp.

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2 years exp.

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6 years exp.

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1 year exp.

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3 years exp.

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6 years exp.

Experience wise Muthoot Finance Executive Accountant salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2.2 L/yr - ₹2.6 L/yr
2 years (5 salaries)	Unlock ₹2 L/yr - ₹3 L/yr
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3 years (3 salaries)	Unlock ₹2 L/yr - ₹4.9 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹3.5 L/yr

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From

Executive Accountant

₹

Lakhs/yr

1 - 6 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Executive Accountant

1 - 6 years exp.

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Assistant Manager

0 - 10 years exp.

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47% hike

Branch Manager

2 - 18 years exp.

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22% 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.

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Top skills at Muthoot Finance for Executive Accountant

MIS Loans Auditing MOM Banking Gold Loan Monitoring Bank Reconciliation Reconciliation CMS

Salary related reviews for Muthoot Finance

3.0

Rated by 4 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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Salary Discussions, Hike & Promotions

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 Executive Accountant Salary FAQs

What is the salary of Executive Accountant at Muthoot Finance Mumbai?

Executive Accountant salary at Muthoot Finance in Mumbai ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 23% less than the average Executive Accountant Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Finance Mumbai.

How does the salary of a Executive Accountant at Muthoot Finance Mumbai compare with the average salary range for this job?

The average salary of a Executive Accountant at Muthoot Finance is 23% less than the average salary of a Executive Accountant in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Executive Accountant at Muthoot Finance?

MIS, Loans, Auditing, MOM and Banking are some of the popular skills required to work as a Executive Accountant at Muthoot Finance Mumbai.

Which similar companies are paying more than Muthoot Finance to a Executive Accountant in Mumbai?

Aditya Birla Finance Executive Accountant Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Tata Capital Executive Accountant Salary - ₹3.1 Lakhs to ₹5.1 Lakhs per year
SMFG India Credit Executive Accountant Salary - ₹2.6 Lakhs to ₹4.1 Lakhs per year
ICICI Bank Executive Accountant Salary - ₹1.4 Lakhs to ₹5.0 Lakhs per year
Mahindra Finance Executive Accountant Salary - ₹2.1 Lakhs to ₹5.3 Lakhs per year

What is the salary of a Executive Accountant in companies similar to Muthoot Finance in Mumbai?

L&T Finance Executive Accountant Salary - ₹2.1 Lakhs to ₹4.1 Lakhs per year
IIFL Finance Executive Accountant Salary - ₹2.4 Lakhs to ₹3.6 Lakhs per year
Kotak Mahindra Bank Executive Accountant Salary - ₹1.7 Lakhs to ₹3.6 Lakhs per year
Axis Bank Executive Accountant Salary - ₹1.8 Lakhs to ₹4.2 Lakhs per year
HDFC Bank Executive Accountant Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Executive Accountant at Muthoot Finance ranges between ₹19,373 per month to ₹21,046 per month in Mumbai. The take-home salary calculation is based on the average Muthoot Finance Executive Accountant salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Executive Accountant at Muthoot Finance in Mumbai?

According to AmbitionBox, 70% of the Muthoot Finance Executive Accountants in Mumbai reported a notice period of 1 Month, 20% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Muthoot Finance Executive Accountant Salaries in Mumbai

Muthoot Finance Executive Accountant salary in Mumbai ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Muthoot Finance latest salaries received from various employees of Muthoot Finance.