Muthoot Finance Senior Associate Salaries by 3 Employees (Updated 2025)

5 - 12 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

66% less than the average Senior Associate Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Associate Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
Data Science & Analytics Senior Associate Salary 12 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr
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Administration & Facilities Senior Associate Salary 12 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 10 Feb 2025

Companies similar to Muthoot Finance for Senior Associate

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Senior Associate Salary 1 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3.6 L/yr 7% less
Shriram Finance Senior Associate Salary 1 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 13% less
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Bajaj Finance Senior Associate Salary 4 - 9 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 24% less
HDFC Bank Senior Associate Salary 0 - 11 years exp. (45 salaries)	₹1.7 L/yr - ₹9 L/yr 78% more
LIC Housing Finance Senior Associate Salary 3 - 9 years exp. (17 salaries)	₹6.3 L/yr - ₹14 L/yr 233% more
ICICI Bank Senior Associate Salary 0 - 9 years exp. (533 salaries)	₹1.2 L/yr - ₹4 L/yr 15% less
Axis Bank Senior Associate Salary 1 - 6 years exp. (19 salaries)	₹1.9 L/yr - ₹4.9 L/yr 6% more
Kotak Mahindra Bank Senior Associate Salary 1 - 5 years exp. (119 salaries)	₹1.4 L/yr - ₹4 L/yr 12% less
Tata Capital Senior Associate Salary 3 - 8 years exp. (7 salaries)	₹1.9 L/yr - ₹6.4 L/yr 6% less
HDB Financial Services Senior Associate Salary 1 - 5 years exp. (42 salaries)	₹1 L/yr - ₹4 L/yr 23% less
Sundaram Finance Senior Associate Salary 2 - 9 years exp. (41 salaries)	₹1.6 L/yr - ₹4 L/yr 5% less
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CreditAccess Grameen Senior Associate Salary 0 - 10 years exp. (17 salaries)	₹1.1 L/yr - ₹3.4 L/yr 27% less
L&T Finance Senior Associate Salary 1 - 10 years exp. (6 salaries)	₹2 L/yr - ₹10 L/yr 64% more
PNB Housing Finance Senior Associate Salary 2 - 6 years exp. (5 salaries)	₹4 L/yr - ₹4.5 L/yr 31% more
Mahindra Finance Senior Associate Salary 4 - 10 years exp. (5 salaries)	₹7.1 L/yr - ₹9.7 L/yr 165% more
TVS Credit Senior Associate Salary 3 - 6 years exp. (5 salaries)	₹1.2 L/yr - ₹3.2 L/yr 46% less
Sammaan Capital Limited Senior Associate Salary 2 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹3.2 L/yr 9% less
Tata Capital Housing Finance Senior Associate Salary 4 - 7 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 18% more
Poonawalla Fincorp Senior Associate Salary 3 - 7 years exp. (4 salaries)	₹3.6 L/yr - ₹4.5 L/yr 26% more
Kotak Mahindra Prime Senior Associate Salary 2 - 3 years exp. (3 salaries)	₹2.9 L/yr - ₹3.6 L/yr At par

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Senior Associate salary at Muthoot Finance ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Senior Associate salaries

Last Updated: 10 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr

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Salary related reviews for Muthoot Finance

3.7

Rated by 2 employees for salary & benefits

Assistant Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bahut kam salary hai and bahut jayada work pressure dete hain bilkul chindi company hai and koi job security nahi hai hamesha dar laga rahta hai job ka and fraud ka agar koi bhi fraud ho jaye to tumhe paise dene padenge.and management bhi sabko chor samajhti hai.badhua mazdoor ki tarah kaam lete hai.raat ko 8 baje tak kaam lete hain subha 1 min bhi late ho jaao to salary kaat lete hain.

Salary - Bad

+6 more

Sales Manager in Kochi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

Skill development - Bad

+5 more

Relationship Executive in Howrah

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.

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.

Salary - Poor

+5 more

Junior Relationship Executive in New Delhi

Full Time

Administration & Facilities Department

3.0

• posted on 10 Dec 2024

2.0

for Salary and Benefits

Likes

Branch staffs are cooperative. Pressure is low as compared to banks and other NBFCs if your branch has customer walking.

Job security - Good

+1 more

Dislikes

1.Salary is very low as compared to industry and other companies. 2.RO management are worst. They will not pick your call even if customers is shouting on you for their loan closure. 3.Branch staffs have to listen customers abusive language because they have closed accepting all kinds of online payments and also did not give virtual account to customers on time. 4. RO management staff does not cooperate with branch staffs.They only care about business not about customers and staffs.

Salary - Poor

+4 more

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

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Salary Discussions, Hike & Promotions

1w (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 my previous org.

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Muthoot Finance Senior Associate Salary FAQs

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

According to AmbitionBox, 33% of the Muthoot Finance Senior Associates reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Finance Senior Associate Salaries

Muthoot Finance Senior Associate salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.