Muthoot Finance Junior Engineer Salaries by 4 Employees

1 - 4 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

14% less than the average Junior Engineer Salary in NBFC Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 13 Dec 2023

Companies similar to Muthoot Finance for Junior Engineer

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Junior Engineer Salary 0 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹10 L/yr 74% more
Kotak Mahindra Bank Junior Engineer Salary 0 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr 6% less
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Tata Capital Junior Engineer Salary 0 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹4.5 L/yr 16% more
Sammaan Capital Limited Junior Engineer Salary 0 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹23.5 L/yr 344% more
HDB Financial Services Junior Engineer Salary 2 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹5.2 L/yr 12% more

Junior Engineer salary at Muthoot Finance ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Junior Engineer salaries

Last Updated: 13 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Muthoot Finance

Civil Engineer Salary

(4 salaries)

₹4 L/yr - ₹4.6 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹95 L/yr - ₹105 L/yr

Site Engineer Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

QA QC Engineer Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Billing Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Civil Site Engineer Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(87 salaries)

₹2.8 L/yr - ₹8.9 L/yr

Project Manager Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Civil Supervisor Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Site Supervisor Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Top skills at Muthoot Finance for Junior Engineer

Accounting Banking Finance Financial Services Cross Selling Business Development Sales Customer Service Gold Loan Non It Calling Customer Handling Branch Operations Excel P

Salary related reviews for Muthoot Finance

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

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

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

Relationship Executive in Howrah

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Dec 2024

2.0

for Salary and Benefits

Likes

The one and only thing is good that they pay the salary on time. But the salary is very low compared to their competitors.

Dislikes

Nothing is good in the company. The regional office staff will not help you when you face some problems. When you join the company they will tell you that it's a 9-6 job but in reality it is 9-7:30 job or beyond. Create senseless pressure by the management. Even they forcefully work you on "SUNDAY". That means there are no holiday. Think 100 times before join this company.

Salary - Poor

+5 more

Junior Relationship Executive in New Delhi

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.

Job security - Good

+1 more

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.

Salary - Poor

+4 more

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Finance Junior Engineer Salary FAQs

What is the salary of Junior Engineer at Muthoot Finance ?

The average salary of a Junior Engineer at Muthoot Finance in India typically ranges from ₹2.7 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Junior Engineer at Muthoot Finance earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Junior Engineer 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 Junior Engineer at Muthoot Finance in India?

The estimated take-home salary of a Junior Engineer at Muthoot Finance in India typically ranges from ₹21,498 to ₹23,139 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 4 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.

What are the key skills required to be a Junior Engineer at Muthoot Finance ?

To be a Junior Engineer at Muthoot Finance in india, the key skills required include:

- Accounting
- Banking
- Finance
- Financial Services
- Cross Selling

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Junior Engineer in India?

Sammaan Capital Limited	₹4.5 Lakhs to ₹23.5 Lakhs per year
HDFC Bank	₹2.2 Lakhs to ₹10.0 Lakhs per year
Tata Capital	₹2.2 Lakhs to ₹4.5 Lakhs per year
HDB Financial Services	₹1.5 Lakhs to ₹5.2 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 Junior Engineer in companies similar to Muthoot Finance in India?

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

Kotak Mahindra Bank

₹2.5 Lakhs to ₹3.0 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 Junior Engineer at Muthoot Finance in India?

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

Experience	Average Salary Range
1 year	₹2.7 Lakhs to ₹3.5 Lakhs per year
2 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Muthoot Finance Junior Engineer Salaries

Muthoot Finance Junior Engineer salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.