Muthoot Finance Operations Associate Salaries by 4 Employees (Updated 2025)

2 - 8 years exp.

₹2.4 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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12% less than the average Operations Associate Salary in NBFC Companies for 2 - 8 years of experience

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Last Updated: 5 Dec 2024

Companies similar to Muthoot Finance for Operations Associate

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Operations Associate Salary 1 - 3 years exp. (5 salaries)	Unlock ₹1.7 L/yr - ₹3.2 L/yr 32% less
Bajaj Finance Operations Associate Salary 1 - 2 years exp. (4 salaries)	Unlock ₹1.5 L/yr - ₹2 L/yr 42% less
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HDFC Bank Operations Associate Salary 0 - 6 years exp. (16 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr 2% more
ICICI Bank Operations Associate Salary 0 - 3 years exp. (41 salaries)	Unlock ₹1.7 L/yr - ₹3.8 L/yr 19% less
Axis Bank Operations Associate Salary 0 - 6 years exp. (10 salaries)	Unlock ₹3 L/yr - ₹6.5 L/yr 36% more
Kotak Mahindra Bank Operations Associate Salary 0 - 5 years exp. (48 salaries)	Unlock ₹1.6 L/yr - ₹3.5 L/yr 20% less
LendingKart Operations Associate Salary 2 - 6 years exp. (16 salaries)	Unlock ₹2.4 L/yr - ₹3.8 L/yr 2% more
Kotak Mahindra Prime Operations Associate Salary 1 - 4 years exp. (9 salaries)	Unlock ₹2.2 L/yr - ₹3.1 L/yr 18% less
Mahindra Finance Operations Associate Salary 1 - 6 years exp. (6 salaries)	Unlock ₹1.8 L/yr - ₹2.7 L/yr 26% less
Sundaram Finance Operations Associate Salary 0 - 7 years exp. (5 salaries)	Unlock ₹1.8 L/yr - ₹2.5 L/yr 29% less
IIFL Finance Operations Associate Salary 5 - 10 years exp. (4 salaries)	Unlock ₹2.4 L/yr - ₹4.2 L/yr 2% more
Login to view exact salary
Mahindra Rural Housing Finance Operations Associate Salary 3 - 4 years exp. (4 salaries)	Unlock ₹1.4 L/yr - ₹2.7 L/yr 42% less

Operations Associate salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Operations Associate salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹1.4 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹1.3 L/yr - ₹3.5 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹3.7 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.7 L/yr - ₹3.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹5.3 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹2.4 L/yr - ₹5.2 L/yr

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Top skills at Muthoot Finance for Operations Associate

Auditing MIS Reporting Customer Management Management Legal Customer Service Management Construction OTC MIS Excel EMI SOA Underwriting Relationship Reporting

Salary related reviews for Muthoot Finance

5.0

Rated by 1 employees for salary & benefits

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

Customer Care Executive in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

I like about working at muthoot finance some policies are good..

Dislikes

I just share my review for muthoot finance there is some policies are not favour of staff like salary, promotion and leaves and holidays. There is old staff future is not bright because they are taking a lots of time for promotion and also salary is very low is this inflation time and new staff and old staff salary is mostly same.. there is second and fourth saturday is also working when most of the banks and NBFC is closed, festival holiday is so low.. so its not my request that is all staff request please understand the whole staff needs who working in muthoot finance ..some times they give the pressure to staff.. They have submitted the all staff original documents like marksheet so thats not correct..

Salary - Poor

+3 more

Customer Care Executive in Chandigarh

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Oct 2022

1.0

for Salary and Benefits

Likes

I like muthoot finance tranfer system..

Dislikes

Work culture , low salary and there are very poor promotion culture, target pressure .evry think is worst in muthoot finance that's why a lot of staff is leave job from muthoot

Salary - Bad

+6 more

Customer Care Executive in Anoopshahr (working remotely)

Full Time

Sales & Business Development Department

5.0

• posted on 20 Dec 2024

5.0

for Salary and Benefits

Likes

good work-life balance, consistent salary on time, strong job security, a positive work culture, good learning opportunities, attractive incentives, and the ability to work independently within their roles;

Salary - Excellent

+6 more

Dislikes

Strict Timings and Work Culture: Rigid work hours with limited flexibility, leading to complaints about work-life balance

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Operations Associate Salary FAQs

What is the salary of Operations Associate at Muthoot Finance?

Operations Associate salary at Muthoot Finance in India ranges between ₹2.4 Lakhs to ₹3.5 Lakhs for experience between 2 years to 8 years. According to our estimates it is 12% less than the average Operations Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Operations Associate at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Operations Associate at Muthoot Finance is 12% less than the average salary of a Operations Associate in India. To know exact salary insights, login to view.

What are the top skills required to work as a Operations Associate at Muthoot Finance?

Auditing, MIS Reporting, Customer Management, Management and Legal are some of the popular skills required to work as a Operations Associate at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Operations Associate in India?

Axis Bank Operations Associate Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
IIFL Finance Operations Associate Salary - ₹2.4 Lakhs to ₹4.2 Lakhs per year
LendingKart Operations Associate Salary - ₹2.4 Lakhs to ₹3.8 Lakhs per year
HDFC Bank Operations Associate Salary - ₹2.0 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Operations Associate in companies similar to Muthoot Finance in India?

Kotak Mahindra Prime Operations Associate Salary - ₹2.2 Lakhs to ₹3.1 Lakhs per year
ICICI Bank Operations Associate Salary - ₹1.7 Lakhs to ₹3.8 Lakhs per year
Kotak Mahindra Bank Operations Associate Salary - ₹1.6 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance Operations Associate Salary - ₹1.8 Lakhs to ₹2.7 Lakhs per year
Sundaram Finance Operations Associate Salary - ₹1.8 Lakhs to ₹2.5 Lakhs per year

What is the estimated take home salary of a Operations Associate at Muthoot Finance in India?

The estimated take-home salary of a Operations Associate at Muthoot Finance ranges between ₹22,909 per month to ₹24,379 per month in India. The take-home salary calculation is based on the average Muthoot Finance Operations Associate salary in India which ranges between ₹2.4 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Operations Associate at Muthoot Finance?

According to AmbitionBox, 83% of the Muthoot Finance Operations Associates reported a notice period of 1 Month, 17% reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Muthoot Finance Operations Associate Salaries

Muthoot Finance Operations Associate salary in India ranges between ₹2.4 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.