Muthoot Finance Mumbai Operations Executive Salaries by 10+ Employees

2 - 6 years exp.

₹1.9 Lakh - ₹3.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

21% less than the average Operations Executive Salary in NBFC Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Operations Executive Salary 2 - 6 years exp. (5 salaries)	₹2.1 L/yr - ₹2.6 L/yr
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BFSI, Investments & Trading Operations Executive Salary 2 - 5 years exp. (4 salaries)	₹2.4 L/yr - ₹3.3 L/yr

Last Updated: 21 May 2024

Companies similar to Muthoot Finance for Operations Executive in Mumbai

Muthoot Finance Operations Executive Salary

2 - 6 years exp. (12 salaries)

₹1.9 L/yr - ₹3.3 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Operations Executive Salary 0 - 7 years exp. (119 salaries)	₹1 L/yr - ₹3.9 L/yr 6% more
IIFL Finance Operations Executive Salary 1 - 7 years exp. (31 salaries)	₹1.2 L/yr - ₹3.8 L/yr 12% more
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SMFG India Credit Operations Executive Salary 1 - 7 years exp. (22 salaries)	₹2 L/yr - ₹4.3 L/yr 47% more
Bajaj Finance Operations Executive Salary 1 - 6 years exp. (14 salaries)	₹2.1 L/yr - ₹4.7 L/yr 38% more	11 job openings
Sammaan Capital Limited Operations Executive Salary 1 - 6 years exp. (13 salaries)	₹2.2 L/yr - ₹3.5 L/yr 16% more
PNB Housing Finance Operations Executive Salary 0 - 6 years exp. (12 salaries)	₹1.8 L/yr - ₹3.8 L/yr 21% more
L&T Finance Operations Executive Salary 1 - 5 years exp. (12 salaries)	₹2 L/yr - ₹4.6 L/yr 16% more
Muthoot Fincorp Operations Executive Salary 1 - 4 years exp. (7 salaries)	₹1.8 L/yr - ₹2.8 L/yr 16% less
Manappuram Finance Operations Executive Salary 1 - 4 years exp. (7 salaries)	₹1.9 L/yr - ₹3 L/yr 12% more
Kotak Mahindra Prime Operations Executive Salary 2 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 2% less
Shriram Finance Operations Executive Salary 2 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹2.9 L/yr 3% more
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Capri Global Capital Operations Executive Salary 1 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 17% more
Tata Capital Housing Finance Operations Executive Salary 2 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹3.7 L/yr 26% more
Aavas Financiers Operations Executive Salary 1 - 6 years exp. (4 salaries)	₹1.3 L/yr - ₹2.2 L/yr 17% less
Mahindra Finance Operations Executive Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 20% more
SK Finance Limited Operations Executive Salary 1 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹2.6 L/yr 11% less

Operations Executive salary at Muthoot Finance ranges between ₹1.9 Lakh to ₹3.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Operations Executive salaries in Mumbai

Last Updated: 21 May 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹1.9 L/yr - ₹2.8 L/yr
3 years (3 salaries)	₹2.1 L/yr - ₹2.8 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in Muthoot Finance

Customer Care Executive Salary

(28 salaries)

₹1.3 L/yr - ₹3.06 L/yr

Customer Service Executive Salary

(3 salaries)

₹1.8 L/yr - ₹2.5 L/yr

Top skills at Muthoot Finance for Operations Executive

Auditing Auditing Software Configuration Management Customer Management Customer Service Management MIS Reporting Construction Legal MIS Customer Management Management Legal Customer Service Management Excel MIS Reporting

Salary related reviews for Muthoot Finance

Operations Executive in Haridwar

Finance & Accounting Department

5.0

• posted on 25 Sep 2018

4.0

for Salary and Benefits

Likes

The reason to like muthoot finance is simple.It is well known financial organization with this I believe I have better prospects can work sincerely that will be helpful to develop my family.

Salary - Good

+5 more

Dislikes

Salary is not good.

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Finance Operations Executive Salary FAQs

What is the salary of Operations Executive at Muthoot Finance in Mumbai?

The average salary of a Operations Executive at Muthoot Finance in Mumbai typically ranges from ₹1.9 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Operations Executive in Mumbai at Muthoot Finance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Operations Executive 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 10+ Muthoot Finance employees in India.

What is the estimated take home salary of a Operations Executive at Muthoot Finance in Mumbai?

The estimated take-home salary of a Operations Executive at Muthoot Finance in Mumbai typically ranges from ₹17,225 to ₹18,929 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 2 years to 6 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 10+ 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 Operations Executive at Muthoot Finance in Mumbai?

To be a Operations Executive at Muthoot Finance in Mumbai, the key skills required include:

- Auditing
- Auditing
- Software Configuration Management
- Customer Management
- Customer Service Management

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 Operations Executive in India?

SMFG India Credit	₹2.0 Lakhs to ₹4.3 Lakhs per year
Bajaj Finance	₹2.1 Lakhs to ₹4.7 Lakhs per year
Tata Capital Housing Finance	₹2.9 Lakhs to ₹3.7 Lakhs per year
PNB Housing Finance	₹1.8 Lakhs to ₹3.8 Lakhs per year
Mahindra Finance	₹2.0 Lakhs to ₹4.0 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 Operations Executive in companies similar to Muthoot Finance in Mumbai?

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

Capri Global Capital	₹2.2 Lakhs to ₹3.0 Lakhs per year
Sammaan Capital Limited	₹2.2 Lakhs to ₹3.5 Lakhs per year
L&T Finance	₹2.0 Lakhs to ₹4.6 Lakhs per year
Manappuram Finance	₹1.9 Lakhs to ₹3.0 Lakhs per year
IIFL Finance	₹1.2 Lakhs to ₹3.8 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 Operations Executive at Muthoot Finance in Mumbai?

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

Experience	Average Salary Range
2 years	₹1.9 Lakhs to ₹2.8 Lakhs per year
3 years	₹2.1 Lakhs to ₹2.8 Lakhs per year
4 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
5 years	₹2.3 Lakhs to ₹3.0 Lakhs per year

and so on.

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Muthoot Finance Operations Executive Salaries in Mumbai

Muthoot Finance Operations Executive salary in Mumbai ranges between ₹1.9 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Muthoot Finance latest salaries received from various employees of Muthoot Finance.