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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 Mumbai

Annual salary range
0 - 3 years exp.
₹1.5 Lakh - ₹4.5 Lakhs
Salary of majority employees
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14% more than the average JRE Salary in NBFC Companies for 0 - 3 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
JRE Salary
0 - 3 years exp. (7 salaries)
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₹2 L/yr - ₹4.3 L/yr

Customer Success, Service & Operations
JRE Salary
1 - 3 years exp. (5 salaries)
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₹1.8 L/yr - ₹3 L/yr

BFSI, Investments & Trading
JRE Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.7 L/yr

Sales & Business Development
JRE Salary
3 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4.5 L/yr

Last Updated: 14 Dec 2024

Companies similar to Muthoot Finance for JRE in Mumbai

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Muthoot Finance JRE Salary

0 - 3 years exp. (16 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Muthoot Group JRE Salary

0 - 1 year exp. (4 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 14% more
JRE salary at Muthoot Finance ranges between ₹1.5 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 16 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance JRE in Mumbai

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Experience wise Muthoot Finance JRE salaries in Mumbai

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹4.6 L/yr
1 year  (7 salaries)

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₹1.5 L/yr - ₹4.3 L/yr
2 years  (3 salaries)

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₹1.8 L/yr - ₹3 L/yr
3 years  (4 salaries)

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₹1.1 L/yr - ₹4.5 L/yr

Similar Designation salaries in Muthoot Finance

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₹1.45 L/yr - ₹4 L/yr
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₹2 L/yr - ₹3.5 L/yr
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₹1.45 L/yr - ₹3.5 L/yr
Credit Manager Salary
(12 salaries)
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₹3.5 L/yr - ₹6 L/yr
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₹2.45 L/yr - ₹3.5 L/yr
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₹1.2 L/yr - ₹2.89 L/yr
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₹2.4 L/yr - ₹3.75 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

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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

 · 

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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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 .

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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

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Muthoot Finance JRE Salary FAQs

What is the salary of JRE at Muthoot Finance Mumbai?
JRE salary at Muthoot Finance in Mumbai ranges between ₹1.5 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 14% more than the average JRE Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Muthoot Finance Mumbai.
How does the salary of a JRE at Muthoot Finance Mumbai compare with the average salary range for this job?
The average salary of a JRE at Muthoot Finance is 14% more than the average salary of a JRE in Mumbai. 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 Mumbai.
Which similar companies are paying more than Muthoot Finance to a JRE in Mumbai?
  • Muthoot Group JRE Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a JRE at Muthoot Finance in Mumbai?
The estimated take-home salary of a JRE at Muthoot Finance ranges between ₹19,138 per month to ₹20,814 per month in Mumbai. The take-home salary calculation is based on the average Muthoot Finance JRE salary in India which ranges between ₹1.5 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for JRE at Muthoot Finance in Mumbai?
According to AmbitionBox, 42% of the Muthoot Finance JREs in Mumbai reported a notice period of 1 Month, 33% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance JRE salary in Mumbai ranges between ₹1.5 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 16 Muthoot Finance latest salaries received from various employees of Muthoot Finance.