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Muthoot Finance

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3.6

based on 4.8k Reviews

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Muthoot Finance JRE salaries in Chennai

Annual salary range
0 - 4 years exp.
₹1.5 Lakh - ₹3.3 Lakhs
Salary of majority employees
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11% more than the average JRE Salary in NBFC Companies for 0 - 4 years of experience

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Salaries in different departments

Finance & Accounting
JRE Salary
0 - 4 years exp. (13 salaries)
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₹2 L/yr - ₹3.3 L/yr

Sales & Business Development
JRE Salary
0 - 3 years exp. (4 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
JRE Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 6 Oct 2024

JRE salary at Muthoot Finance ranges between ₹1.5 Lakh to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 30 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance JRE in Chennai

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1 year exp.
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3 years exp.
4mo ago
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7 months exp.
4mo ago
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1 year exp.
5mo ago
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2 years exp.
6mo ago
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1 year exp.
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1 year exp.

Experience wise Muthoot Finance JRE salaries in Chennai

Last Updated: 6 Oct 2024

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹1.5 L/yr - ₹2.5 L/yr
1 year  (11 salaries)

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₹1.9 L/yr - ₹3.3 L/yr
2 years  (9 salaries)

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₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.3 L/yr
4 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.3 L/yr

Similar Designation salaries in Muthoot Finance

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₹1.5 L/yr - ₹4 L/yr
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₹2.05 L/yr - ₹4.5 L/yr
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₹1.65 L/yr - ₹3.5 L/yr
Audit Executive Salary
(11 salaries)
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₹2.75 L/yr - ₹4.32 L/yr
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₹1.6 L/yr - ₹3.2 L/yr
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₹1.5 L/yr - ₹3.25 L/yr
Credit Manager Salary
(6 salaries)
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₹3 L/yr - ₹4.4 L/yr
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₹2.25 L/yr - ₹2.5 L/yr
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₹2 L/yr - ₹4 L/yr
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₹1.9 L/yr - ₹3.84 L/yr

Top skills at Muthoot Finance for JRE

Customer Relationship Gold Loan Cash Management Accounting Sales Finance Banking Customer Service Sales Executive Activities Management Accounting Helpdesk Regulatory Sales Strategy Business Development Credit Analysis

Salary related reviews for Muthoot Finance

4.8

Rated by 2 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 19 Sep 2021

1.0
 for  Salary and Benefits

Likes

Don't advice to join company especially Delhi north because Head office staff are not supportive and not understand the employee's problem

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Dislikes

Head office staff behaviour and salary package also company is not provide increment

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Operations Department

2.0
  •  posted on 10 May 2021

1.0
 for  Salary and Benefits

Likes

Job security

Dislikes

Please don't join if you want career growth or decent salary. No increment given to employees from last 2 years. Salary given is also very less as compared to other company's in same field. No compensation given as the job is very risky.

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Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 10 Dec 2024

2.0
 for  Salary and Benefits

Likes

Branch staffs are cooperative. Pressure is low as compared to banks and other NBFCs if your branch has customer walking.

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Dislikes

1.Salary is very low as compared to industry and other companies. 2.RO management are worst. They will not pick your call even if customers is shouting on you for their loan closure. 3.Branch staffs have to listen customers abusive language because they have closed accepting all kinds of online payments and also did not give virtual account to customers on time. 4. RO management staff does not cooperate with branch staffs.They only care about business not about customers and staffs.

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Full Time

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BFSI, Investments & Trading Department

1.0
  •  posted on 28 Sep 2024

1.0
 for  Salary and Benefits

Likes

Their os nothing to like in the company

Dislikes

They are paying nothing or say negligible amount to their employee or their is nothing like overtime in the company even if they force you to stay in the branch till 8 pm in the evening. They force you to stay in the branch after working hour for VC and do other job but pay u nothing for the same . They pay overtime to their guard only so you think what your standard in company. They pressure you to do multiple things but didn’t gave you promotion even you are eligible to get promotion and appraisal in the same department in other companies so you can see the difference by your self. They only love their profit they even not tell what kind and how they calculate about incentive. They just gave you silly replies you have fixed incentive , we have a call centre team they do the hard work but when you raise the same question after a week they are be like you have to do this we will assure you that we will definitely give you incentive but this is again a lie from management. You have to visit branch on holiday even it is holiday declared by company on paper to check branch lock and shutter no security guard deployed on holiday. They will not gave you a single rupee in the form of TA. They open their branch on Sunday or gave you this news just 2-3 hour before you leave the office as per them you doesn’t have any plan or any family to spend time on Sunday. At the end i will like you to share that they thing your a slave or orphan and now few people say why shouldn’t you leave the job their have your original mark-sheet as security or a bond .

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Full Time

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Sales & Business Development Department

3.0
  •  posted on 30 Mar 2024

2.0
 for  Salary and Benefits

Likes

Timely salary and incentives . Company gives chances to freshers.

Dislikes

... be required to stand as security guard whenever guards go to washroom or lunch. You will be required to perform office boy's duty also for an average salary package. Moreover you will be required to sign bond for 2 years that you will not leave the company or else 2 months salary has to be given as compensation. They will also take custody of class 10th original certificate during the tenure of working. 2 months notice period. In the name of fixed incentives new joiners will be bypassed to earn branch business incentives. You will be forced to do some useless follow up calls repeatedly to same customers on holidays and Sundays to annoy the customers to the hell of their anger. Every now and then policy changing, chopping- changing of rules make employees confused infact sometimes without notices. Sometimes branches are kept open on Sundays. You will be forced to maintain some illogical hilarious registers (some 6-7 copies). You will be forced to give service to huge base of customers with 1-2 systems leading to annoyance of the customers. Personal life is badly hampered. Only go for this if really in need of urgent job.

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Muthoot Finance JRE Salary FAQs

What is the salary of JRE at Muthoot Finance Chennai?
JRE salary at Muthoot Finance in Chennai ranges between ₹1.5 Lakhs to ₹3.3 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 11% more than the average JRE Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Muthoot Finance Chennai.
How does the salary of a JRE at Muthoot Finance Chennai compare with the average salary range for this job?
The average salary of a JRE at Muthoot Finance is 11% more than the average salary of a JRE in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a JRE at Muthoot Finance?
Customer Relationship, Gold Loan, Cash Management, Accounting and Sales are some of the popular skills required to work as a JRE at Muthoot Finance Chennai.
What is the estimated take home salary of a JRE at Muthoot Finance in Chennai?
The estimated take-home salary of a JRE at Muthoot Finance ranges between ₹18,877 per month to ₹20,557 per month in Chennai. The take-home salary calculation is based on the average Muthoot Finance JRE salary in India which ranges between ₹1.5 Lakhs to ₹3.3 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?
What is the notice period for JRE at Muthoot Finance in Chennai?
According to AmbitionBox, 50% of the Muthoot Finance JREs in Chennai reported a notice period of 15 days or less, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 28 responses on AmbitionBox in last 2 years.

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Muthoot Finance JRE salary in Chennai ranges between ₹1.5 Lakh to ₹3.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 30 Muthoot Finance latest salaries received from various employees of Muthoot Finance.