Muthoot Finance Nashik Salaries by 20+ Employees (Updated 2025)

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Finance & Accounting

Designation	Avg Annual Salary	Open Jobs
Branch Head 6 - 11 years exp. · Nashik (4 salaries)	₹3.5 L/yr - ₹6.2 L/yr	4 job openings
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Assistant Branch Manager 7 - 14 years exp. · Nashik (4 salaries)	₹4.3 L/yr - ₹6 L/yr	1 job opening
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Sales Manager 4 - 8 years exp. · Nashik (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr	7 job openings
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Sales Assistant 9 - 10 years exp. · Nashik (AmbitionBox Estimate)	₹2 L/yr - ₹2.8 L/yr
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Security Supervisor 15 years exp. · Nashik (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Senior Officer Operations 7 years exp. · Nashik (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
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Banking and Finance Manager 11 years exp. · Nashik (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
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Branch Head and Branch Manager 11 years exp. · Nashik (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr	1 job opening
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Collection Associate 6 years exp. · Nashik (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Executive 1 - 2 years exp. · Nashik (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr	3 job openings
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Office Boy 7 - 8 years exp. · Nashik (AmbitionBox Estimate)	₹1.4 L/yr - ₹1.7 L/yr
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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Salary related reviews for Muthoot Finance

2.8

Rated by 19 employees for salary & benefits

Customer Care Executive in Nashik

Sales & Business Development Department

3.0

• posted on 21 Jan 2022

4.0

for Salary and Benefits

Likes

Good work environment. Team mates are supportive. Bonus and salaries are always on time. Company policies are also good.

Salary - Good

Dislikes

The management is not that supportive and no career growth. You will not be promoted easily. There is a bond of 2 years before which you can't resign. If business does not happen according to their decision then they ask us to sit late and work.

Skill development - Poor

+3 more

Regional HR in Kolkata

Full Time

Human Resources Department

1.0

• posted on 03 Apr 2025

1.0

for Salary and Benefits

Likes

Only incentive part is okay.

Dislikes

Managment No HR Value everyone treat like slave. Very less Salary Infrastructure is too cheesy Ladies and gents single washroom. In regional offices also in Branch Working culture Work satisfaction Company culture

Salary - Bad

+5 more

Team Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 Feb 2025

2.0

for Salary and Benefits

Likes

Getting salary on 30th of every month.

Dislikes

1- Very low salary , 2- Hypocrite attitude of senior level employees 3- HR is a comedy , even if you are resigning also they not even call you to understand the issue there is no exit interview at all. They started working after 5:30 PM only to show the management that we are working more hours , till 5 PM they are enjoying by distributing snaks going out etc ... 4- HR give promotion just for the sake and send you to another location by giving only 2K salary hike. while your expenses jumped to 10k and responsibility also , finally your promotion got waste. People fear to take promotions here. 5 -very bad family insurance , only 1 lakh and there is no parent insurance option.

Salary - Poor

+5 more

Senior Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 18 Feb 2025

3.0

for Salary and Benefits

Likes

Company is giving internal promotions and incentive for all employés irrespective of function.

Job security - Good

+2 more

Dislikes

Low salary for existing employees and giving better salary for new entrance in the same role 6 Days working is very hectic , company collecting money from employees for evening tea., Parent insurance is not available. Etc...

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

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Muthoot Finance interview questions by designations

Junior Relationship Executive (39)Probationary Officer (12)Relationship Executive (12)Junior Executive (11)

View all 255 interview experiences

Know more about Muthoot Finance Nashik

Muthoot Finance Salary FAQs

How much does Muthoot Finance pay to its employees?

The average annual salary at Muthoot Finance varies depending on the role, experience, and location. The salary ranges for some popular designations at Muthoot Finance, are as follows:

Branch Head	₹3.5 Lakhs to ₹6.2 Lakhs per year
Assistant Branch Manager	₹4.3 Lakhs to ₹6 Lakhs per year
Sales Manager	₹4.1 Lakhs to ₹5 Lakhs per year
Sales Assistant	₹2 Lakhs to ₹2.8 Lakhs per year

The highest-paying role, Oil and Gas Consultant, earns between ₹25.4 Lakhs to ₹40 Lakhs per year. The top 10% of employees earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹16.6 Lakhs per year. 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 salary estimates are based on data from 21 salaries submitted by Muthoot Finance employees. Muthoot Finance is rated 2.8 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Muthoot Finance in Nashik?

The salary of a fresher at Muthoot Finance in Nashik typically ranges from ₹0.9 Lakh to ₹4.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Junior Relationship Executive Salary	₹1 Lakhs to ₹4 Lakhs per year
Fresher as a Probationary Officer Salary	₹1.8 Lakhs to ₹3.8 Lakhs per year
Fresher as a JRE Salary	₹1.4 Lakhs to ₹4 Lakhs per year
Fresher as a Junior Executive Salary	₹1.7 Lakhs to ₹3.8 Lakhs per year

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Average annual salary in Muthoot Finance , Nashik is INR . Salary estimates are based on 20+ Muthoot Finance latest salaries received from various employees of Muthoot Finance.