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Muthoot Finance

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3.6

based on 4.9k Reviews

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Muthoot Finance Relationship Officer salaries in New Delhi

Annual salary range
0 - 5 years exp.
₹2.2 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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23% more than the average Relationship Officer Salary in NBFC Companies for 0 - 5 years of experience

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Salaries in different departments

Finance & Accounting
Relationship Officer Salary
2 - 4 years exp. (4 salaries)
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₹2.2 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Relationship Officer Salary
0 - 3 years exp. (3 salaries)
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₹3 L/yr - ₹3.9 L/yr

Last Updated: 28 Aug 2024

Companies similar to Muthoot Finance for Relationship Officer in New Delhi

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Muthoot Finance Relationship Officer Salary

0 - 5 years exp. (12 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bajaj Finance Relationship Officer Salary

0 - 6 years exp. (3 salaries)

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₹2 L/yr - ₹3.3 L/yr

arrow icon 29% less
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HDFC Bank Relationship Officer Salary

0 - 7 years exp. (141 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 23% less
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ICICI Bank Relationship Officer Salary

0 - 6 years exp. (76 salaries)

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₹1.7 L/yr - ₹5.9 L/yr

arrow icon 14% less
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Axis Bank Relationship Officer Salary

0 - 7 years exp. (537 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 23% less
15 job openings
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Kotak Mahindra Bank Relationship Officer Salary

0 - 7 years exp. (129 salaries)

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₹2.2 L/yr - ₹6 L/yr

arrow icon 1% less
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Yes Bank Relationship Officer Salary

1 - 6 years exp. (11 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 12% less
2 job openings
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IndusInd Bank Relationship Officer Salary

0 - 8 years exp. (64 salaries)

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₹1.8 L/yr - ₹4.3 L/yr

arrow icon 7% less
2 job openings
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IDFC FIRST Bank Relationship Officer Salary

1 - 7 years exp. (47 salaries)

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₹2.4 L/yr - ₹5.8 L/yr

arrow icon 2% less
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RBL Bank Relationship Officer Salary

0 - 6 years exp. (19 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 20% less
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₹1.3 L/yr - ₹4.2 L/yr

arrow icon 32% less
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₹2.3 L/yr - ₹4 L/yr

arrow icon 15% less
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Aavas Financiers Relationship Officer Salary

0 - 5 years exp. (11 salaries)

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₹1.9 L/yr - ₹3.3 L/yr

arrow icon 32% less
11 job openings
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₹2.4 L/yr - ₹3.6 L/yr

arrow icon 23% less
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₹3 L/yr - ₹4.2 L/yr

arrow icon 11% less
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Muthoot Fincorp Relationship Officer Salary

0 - 3 years exp. (5 salaries)

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₹1.9 L/yr - ₹3 L/yr

arrow icon 35% less
3 job openings
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₹2.2 L/yr - ₹3.5 L/yr

arrow icon 21% less
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₹2.5 L/yr - ₹3.3 L/yr

arrow icon 30% less
Relationship Officer salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Relationship Officer in New Delhi

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Experience wise Muthoot Finance Relationship Officer salaries in New Delhi

Last Updated: 28 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹3.6 L/yr
1 year (AmbitionBox Estimate)

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₹3.4 L/yr - ₹3.5 L/yr
2 years  (3 salaries)

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₹3 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Muthoot Finance

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₹1.5 L/yr - ₹4.24 L/yr
Branch Manager Salary
(52 salaries)
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₹2.6 L/yr - ₹7 L/yr
Deputy Manager Salary
(18 salaries)
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₹3 L/yr - ₹9.6 L/yr
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₹2 L/yr - ₹3.53 L/yr
Sales Manager Salary
(3 salaries)
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₹4.5 L/yr - ₹5.6 L/yr
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₹3.25 L/yr - ₹3.5 L/yr

Top skills at Muthoot Finance for Relationship Officer

Sales Loans Networking Servicing Customer Experience Management Relationship Supervision Cross Sales Customer Satisfaction Business Development Marketing Customer Interaction Communication Skills Operations

Salary related reviews for Muthoot Finance

3.0

Rated by 2 employees for salary & benefits

Other Department

4.0
  •  posted on 10 May 2018

4.0
 for  Salary and Benefits

Likes

The co. That U are Owner of the co. So it's working environment and salary in home town satisfied the employee. There is no any big issue job security and carrier growth ran the same way.

read more
  • Salary - Good
  • +4 more

Dislikes

If we think that every issue is an problem . Then each problem is that each issue.

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 15 Dec 2024

2.0
 for  Salary and Benefits

Likes

The one and only thing is good that they pay the salary on time. But the salary is very low compared to their competitors.

read more

Dislikes

Nothing is good in the company. The regional office staff will not help you when you face some problems. When you join the company they will tell you that it's a 9-6 job but in reality it is 9-7:30 job or beyond. Create senseless pressure by the management. Even they forcefully work you on "SUNDAY". That means there are no holiday. Think 100 times before join this company.

read more
  • Salary - Poor
  • +5 more

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

read more
  • 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

read more
  • Promotions - Poor

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

The salary will be credited to your account in every 30th or 31st of the month

read more

Dislikes

The worst company I have ever seen.companies motive only for increasing the profit and AUM.mostly they prefer to work even on sundays.they think that employee has not family or personal life.normally the working time is 9:30 to 6:00 but we should come to branch on 8:00 to 7:30.thre is no extra payment or benefit for extra time. The superior persons are not support for increasing the business and complete our target and pushing the OTC products at the time of releasing the incentive or bonus.they think that they should pay the incentive to employees but tomorrow they push to login the OTCs.there is no chance to convince the customers for the products because such a worst products they are cross selling.unable to handle the pressure from the superiors the employees login the products using their own cash and become a debtor.this is the reality in muthoot finance.the incentive structure may vary from the performance of the employees like when we perform poorly they should increase the payout per product but we perform better they should decrease the payout per product.

read more
  • Salary - Poor
  • +6 more

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

read more
  • 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.

read more
  • Job security - Bad
  • +3 more
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Muthoot Finance Relationship Officer Salary FAQs

What is the salary of Relationship Officer at Muthoot Finance New Delhi?
Relationship Officer salary at Muthoot Finance in New Delhi ranges between ₹2.2 Lakhs to ₹4.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 23% more than the average Relationship Officer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Finance New Delhi.
How does the salary of a Relationship Officer at Muthoot Finance New Delhi compare with the average salary range for this job?
The average salary of a Relationship Officer at Muthoot Finance is 23% more than the average salary of a Relationship Officer in New Delhi. To know exact salary insights, login to view.
What are the top skills required to work as a Relationship Officer at Muthoot Finance?
Sales, Loans, Networking, Servicing and Customer Experience are some of the popular skills required to work as a Relationship Officer at Muthoot Finance New Delhi.
What is the salary of a Relationship Officer in companies similar to Muthoot Finance in New Delhi?
  • Kotak Mahindra Bank Relationship Officer Salary - ₹2.2 Lakhs to ₹6.0 Lakhs per year
  • IDFC FIRST Bank Relationship Officer Salary - ₹2.4 Lakhs to ₹5.8 Lakhs per year
  • IndusInd Bank Relationship Officer Salary - ₹1.8 Lakhs to ₹4.3 Lakhs per year
  • Aditya Birla Finance Relationship Officer Salary - ₹3.0 Lakhs to ₹4.2 Lakhs per year
  • Yes Bank Relationship Officer Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Relationship Officer at Muthoot Finance in New Delhi?
The estimated take-home salary of a Relationship Officer at Muthoot Finance ranges between ₹26,369 per month to ₹27,787 per month in New Delhi. The take-home salary calculation is based on the average Muthoot Finance Relationship Officer salary in India which ranges between ₹2.2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Relationship Officer at Muthoot Finance in New Delhi?
According to AmbitionBox, 50% of the Muthoot Finance Relationship Officers in New Delhi reported a notice period of 2 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Relationship Officer salary in New Delhi ranges between ₹2.2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 12 Muthoot Finance latest salaries received from various employees of Muthoot Finance.