Muthoot Finance Joint Custodian Salaries by 4 Employees

0 - 2 years exp.

₹2.5 Lakhs - ₹3.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

33% more than the average Joint Custodian Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Joint Custodian Salary Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Joint Custodian Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
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Finance & Accounting Joint Custodian Salary Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr

Last Updated: 8 Aug 2024

Companies similar to Muthoot Finance for Joint Custodian

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp Joint Custodian Salary 0 - 5 years exp. (138 salaries)	₹1 L/yr - ₹4 L/yr 24% less
Manappuram Finance Joint Custodian Salary 0 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 9% more
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Muthoot Mercantile Joint Custodian Salary 1 - 8 years exp. (30 salaries)	₹1.5 L/yr - ₹3 L/yr 20% less
Kosamattam Finance Joint Custodian Salary 2 - 8 years exp. (13 salaries)	₹1.3 L/yr - ₹2.4 L/yr 40% less
Muthoot Pappachan Group Joint Custodian Salary 1 - 6 years exp. (5 salaries)	₹1.5 L/yr - ₹2.1 L/yr 41% less

Joint Custodian salary at Muthoot Finance ranges between ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Joint Custodian salaries

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3 L/yr

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₹2.9 L/yr - ₹3.7 L/yr

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Salary related reviews for Muthoot Finance

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

Customer Care Executive in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

I like about working at muthoot finance some policies are good..

Dislikes

I just share my review for muthoot finance there is some policies are not favour of staff like salary, promotion and leaves and holidays. There is old staff future is not bright because they are taking a lots of time for promotion and also salary is very low is this inflation time and new staff and old staff salary is mostly same.. there is second and fourth saturday is also working when most of the banks and NBFC is closed, festival holiday is so low.. so its not my request that is all staff request please understand the whole staff needs who working in muthoot finance ..some times they give the pressure to staff.. They have submitted the all staff original documents like marksheet so thats not correct..

Salary - Poor

+3 more

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

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Muthoot Finance Joint Custodian Salary FAQs

What is the salary of Joint Custodian at Muthoot Finance ?

The average salary of a Joint Custodian at Muthoot Finance in India typically ranges from ₹2.5 Lakhs to ₹3.2 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Joint Custodian at Muthoot Finance earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Joint Custodian 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 4 Muthoot Finance employees in India.

What is the estimated take home salary of a Joint Custodian at Muthoot Finance in India?

The estimated take-home salary of a Joint Custodian at Muthoot Finance in India typically ranges from ₹20,794 to ₹22,446 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Finance for Joint Custodian in India?

Manappuram Finance

₹2.5 Lakhs to ₹3.5 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 Joint Custodian in companies similar to Muthoot Finance in India?

The salary of a Joint Custodian at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Mercantile	₹1.5 Lakhs to ₹3.0 Lakhs per year
Muthoot Fincorp	₹1.0 Lakhs to ₹4.0 Lakhs per year
Kosamattam Finance	₹1.3 Lakhs to ₹2.4 Lakhs per year
Muthoot Pappachan Group	₹1.5 Lakhs to ₹2.1 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 Joint Custodian at Muthoot Finance in India?

The salary growth for a Joint Custodian at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Joint Custodian can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
Fresher	₹2.5 Lakhs to ₹3.2 Lakhs per year
1 year	₹1.2 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.2 Lakhs to ₹3.0 Lakhs per year

and so on.

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Muthoot Finance Joint Custodian Salaries

Muthoot Finance Joint Custodian salary in India ranges between ₹2.5 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.