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 Financial Service Advisor salaries in India

Annual salary range
0 - 9 years exp.
₹2 Lakhs - ₹3.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

10% less than the average Financial Service Advisor Salary in NBFC Companies for 0 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Financial Service Advisor Salary
1 - 9 years exp. (AmbitionBox Estimate)
unlock-blur

₹2 L/yr - ₹3.5 L/yr

Marketing & Communication
Financial Service Advisor Salary
Fresher (AmbitionBox Estimate)
unlock-blur

₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 16 Mar 2023

Companies similar to Muthoot Finance for Financial Service Advisor

Company name Avg Annual Salary Open Jobs
unlock blur

₹2.5 L/yr - ₹3 L/yr

At par
Logo
HDFC Bank Financial Service Advisor Salary

1 - 5 years exp. (6 salaries)

unlock blur

₹1.8 L/yr - ₹3.2 L/yr

arrow icon 12% more
Logo
ICICI Bank Financial Service Advisor Salary

1 - 6 years exp. (4 salaries)

unlock blur

₹2.4 L/yr - ₹4 L/yr

arrow icon 18% more
Logo
unlock blur

₹2.7 L/yr - ₹4.6 L/yr

arrow icon 49% more
Logo
L&T Finance Financial Service Advisor Salary

3 - 4 years exp. (4 salaries)

unlock blur

₹2.3 L/yr - ₹2.6 L/yr

arrow icon 11% less
Financial Service Advisor salary at Muthoot Finance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Financial Service Advisor

1y ago
avg blur mobile
9 years exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
7 years exp.

Experience wise Muthoot Finance Financial Service Advisor salaries

Last Updated: 16 Mar 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

unlock blur

₹1.8 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)

unlock blur

₹3.2 L/yr - ₹4 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹2.7 L/yr - ₹3.5 L/yr
9 years (AmbitionBox Estimate)

unlock blur

₹1.8 L/yr - ₹2.3 L/yr

Similar Designation salaries in Muthoot Finance

unlock blur
₹1.3 L/yr - ₹8.5 L/yr
unlock blur
₹1.2 L/yr - ₹4.4 L/yr
unlock blur
₹2.2 L/yr - ₹3.8 L/yr
unlock blur
₹2 L/yr - ₹3.5 L/yr
unlock blur
₹1.25 L/yr - ₹4.5 L/yr
Branch Manager Salary
(532 salaries)
unlock blur
₹1.8 L/yr - ₹7.5 L/yr
Sales Officer Salary
(25 salaries)
unlock blur
₹1.8 L/yr - ₹3.4 L/yr
Sales Executive Salary
(67 salaries)
unlock blur
₹1.4 L/yr - ₹4 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
unlock blur
₹3.2 L/yr - ₹4 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
unlock blur
₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Muthoot Finance

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

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

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

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

read more

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

read more

Dislikes

No deslikes are there but one thing few holidays are there in muthoot finance that's it.

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

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Muthoot Finance Financial Service Advisor Salary FAQs

What is the salary of Financial Service Advisor at Muthoot Finance?
Financial Service Advisor salary at Muthoot Finance in India ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 10% less than the average Financial Service Advisor Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Financial Service Advisor at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Financial Service Advisor at Muthoot Finance is 10% less than the average salary of a Financial Service Advisor in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Finance to a Financial Service Advisor in India?
  • Tata Capital Financial Service Advisor Salary - ₹2.7 Lakhs to ₹4.6 Lakhs per year
  • ICICI Bank Financial Service Advisor Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
  • HDFC Bank Financial Service Advisor Salary - ₹1.8 Lakhs to ₹3.2 Lakhs per year
What is the salary of a Financial Service Advisor in companies similar to Muthoot Finance in India?
  • Bajaj Finance Financial Service Advisor Salary - ₹2.5 Lakhs to ₹3.0 Lakhs per year
  • L&T Finance Financial Service Advisor Salary - ₹2.3 Lakhs to ₹2.6 Lakhs per year
What is the estimated take home salary of a Financial Service Advisor at Muthoot Finance in India?
The estimated take-home salary of a Financial Service Advisor at Muthoot Finance ranges between ₹18,486 per month to ₹20,172 per month in India. The take-home salary calculation is based on the average Muthoot Finance Financial Service Advisor salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Muthoot Finance Financial Service Advisor salary in India ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.