Muthoot Finance Mumbai Operations Officer Salaries by 3 Employees

4 - 5 years exp.

₹2 Lakhs - ₹2.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Operations Officer Salary in NBFC Companies for 4 - 5 years of experience

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Last Updated: 13 Mar 2023

Companies similar to Muthoot Finance for Operations Officer in Mumbai

Muthoot Finance Operations Officer Salary

4 - 5 years exp. (3 salaries)

₹2 L/yr - ₹2.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Operations Officer Salary 1 - 5 years exp. (8 salaries)	₹1.8 L/yr - ₹2.7 L/yr 16% more
IIFL Finance Operations Officer Salary 6 - 12 years exp. (4 salaries)	₹3.2 L/yr - ₹4.1 L/yr 53% more
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Vfs Global Services Operations Officer Salary 0 - 6 years exp. (143 salaries)	₹1 L/yr - ₹6 L/yr 42% more
IndianOil Skytanking Operations Officer Salary 0 - 9 years exp. (52 salaries)	₹3 L/yr - ₹6.5 L/yr 104% more	1 job opening
SBI Securities Operations Officer Salary 1 - 6 years exp. (13 salaries)	₹2.4 L/yr - ₹3 L/yr 21% more

Operations Officer salary at Muthoot Finance ranges between ₹2 Lakhs to ₹2.3 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Operations Officer salaries in Mumbai

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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5 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr

Similar Designation salaries in Muthoot Finance

Operations Executive Salary

(12 salaries)

₹1.9 L/yr - ₹3.3 L/yr

Deputy Manager Salary

(4 salaries)

₹5 L/yr - ₹7 L/yr

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

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

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 Officer Salary FAQs

How the salary growth look like for a Operations Officer at Muthoot Finance in Mumbai?

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

Experience	Average Salary Range
4 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
5 years	₹2.1 Lakhs to ₹2.6 Lakhs per year

and so on.

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Muthoot Finance Operations Officer Salaries in Mumbai

Muthoot Finance Operations Officer salary in Mumbai ranges between ₹2 Lakhs to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.