Muthoot Finance Location Head Salaries by 6 Employees

9 - 16 years exp.

₹6.5 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

At par with the average Location Head Salary in NBFC Companies for 9 - 16 years of experience

Interested in this particular role?

Last Updated: 16 Mar 2023

Companies similar to Muthoot Finance for Location Head

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Location Head Salary 5 - 15 years exp. (65 salaries)	₹5.8 L/yr - ₹13.3 L/yr 10% less
IIFL Finance Location Head Salary 6 - 16 years exp. (12 salaries)	₹6.6 L/yr - ₹15 L/yr 8% less
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Kotak Mahindra Prime Location Head Salary 2 - 17 years exp. (10 salaries)	₹5.3 L/yr - ₹16.3 L/yr 2% less
Shriram Finance Location Head Salary 6 - 9 years exp. (6 salaries)	₹12 L/yr - ₹15.3 L/yr 23% more
SMFG India Credit Location Head Salary 14 - 19 years exp. (4 salaries)	₹13.9 L/yr - ₹17.8 L/yr 62% more
Sundaram Finance Location Head Salary 8 - 14 years exp. (4 salaries)	₹3.6 L/yr - ₹5.4 L/yr 60% less
PNB Housing Finance Location Head Salary 12 - 15 years exp. (3 salaries)	₹18.5 L/yr - ₹23.6 L/yr 106% more

Location Head salary at Muthoot Finance ranges between ₹6.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Location Head salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.3 L/yr
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
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11 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
13 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
14 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
15+ years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr

View all

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Top skills at Muthoot Finance for Location Head

Collections Recovery

Salary related reviews for Muthoot Finance

4.5

Rated by 2 employees for salary & benefits

Business Development Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

Good things was it's near to my home and time was flexible and leaves were good

Dislikes

Many things salary is first but never received on time salary everytime and incentives were not given properly no skill development only work like hell and call customer daily but they were not even interested to get benifits and fooling customer by false words work environment was ok because manager and employee misunderstanding more

Salary - Bad

+5 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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Finance Location Head Salary FAQs

What is the salary of Location Head at Muthoot Finance ?

The average salary of a Location Head at Muthoot Finance in India typically ranges from ₹6.5 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 9 years to 16 years).

The top 10% of Location Head at Muthoot Finance earn more than ₹13.3 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Location Head 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 6 Muthoot Finance employees in India.

What is the estimated take home salary of a Location Head at Muthoot Finance in India?

The estimated take-home salary of a Location Head at Muthoot Finance in India typically ranges from ₹71,857 to ₹73,710 per month. This is based on the average salary range of ₹6.5 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 9 years to 16 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 6 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 Location Head at Muthoot Finance ?

To be a Location Head at Muthoot Finance in india, the key skills required include:

- Collections
- Recovery

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 Location Head in India?

PNB Housing Finance	₹18.5 Lakhs to ₹23.6 Lakhs per year
SMFG India Credit	₹13.9 Lakhs to ₹17.8 Lakhs per year
Shriram Finance	₹12.0 Lakhs to ₹15.3 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 Location Head in companies similar to Muthoot Finance in India?

The salary of a Location Head 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 Prime	₹5.3 Lakhs to ₹16.3 Lakhs per year
IIFL Finance	₹6.6 Lakhs to ₹15.0 Lakhs per year
Sammaan Capital Limited	₹5.8 Lakhs to ₹13.3 Lakhs per year
Sundaram Finance	₹3.6 Lakhs to ₹5.4 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 Location Head at Muthoot Finance in India?

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

Experience	Average Salary Range
9 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
10 years	₹8.3 Lakhs to ₹10.6 Lakhs per year
11 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
12 years	₹8.8 Lakhs to ₹11.3 Lakhs per year

and so on.

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Muthoot Finance Location Head Salaries

Muthoot Finance Location Head salary in India ranges between ₹6.5 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Finance latest salaries received from various employees of Muthoot Finance.