Muthoot Finance Hyderabad / Secunderabad State Head Salaries by 4 Employees

16 - 20 years exp.

₹14.5 Lakhs - ₹20 Lakhs

Salary of majority employees

6% more than the average State Head Salary in NBFC Companies for 16 - 20 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading State Head Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹14.5 L/yr - ₹17 L/yr
Login to view exact salary
Sales & Business Development State Head Salary 18 - 20 years exp. (AmbitionBox Estimate)	₹19.5 L/yr - ₹20 L/yr

Last Updated: 27 Jan 2024

Companies similar to Muthoot Finance for State Head in Hyderabad / Secunderabad

Muthoot Finance State Head Salary

16 - 20 years exp. (4 salaries)

₹14.5 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp State Head Salary 12 - 14 years exp. (3 salaries)	₹10.4 L/yr - ₹17 L/yr 18% less
IDFC FIRST Bank State Head Salary 5 - 15 years exp. (25 salaries)	₹6.5 L/yr - ₹21.4 L/yr 17% less
Login to view exact salary
Paytm State Head Salary 8 - 18 years exp. (9 salaries)	₹8.9 L/yr - ₹28 L/yr 20% more
Collegedunia State Head Salary 4 - 6 years exp. (6 salaries)	₹18 L/yr - ₹23.3 L/yr 17% more
Reliance Retail State Head Salary 14 - 22 years exp. (6 salaries)	₹15 L/yr - ₹32.3 L/yr 7% more

State Head salary at Muthoot Finance ranges between ₹14.5 Lakhs to ₹20 Lakhs per year for employees with experience between 16 years to 20 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance State Head salaries in Hyderabad / Secunderabad

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
15+ years (4 salaries)	₹14.5 L/yr - ₹20 L/yr
Login to view exact salary

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(97 salaries)

₹2.2 L/yr - ₹6.5 L/yr

Cluster Manager Salary

(11 salaries)

₹4.4 L/yr - ₹8 L/yr

Sales Manager Salary

(5 salaries)

₹3.5 L/yr - ₹5.75 L/yr

Sales Executive Salary

(4 salaries)

₹2.05 L/yr - ₹4 L/yr

Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3.4 L/yr

Deputy Manager Salary

(3 salaries)

₹5.65 L/yr - ₹6.6 L/yr

Top skills at Muthoot Finance for State Head

Team Management Skills Business Development Gold Loan Business Generation Team Leading

Salary related reviews for Muthoot Finance

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

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

Branch Manager in New Delhi

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

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.

Job security - Bad

+3 more

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

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Muthoot Finance?

Ask anonymously on communities.

Muthoot Finance State Head Salary FAQs

What is the salary of State Head at Muthoot Finance in Hyderabad / Secunderabad?

The average salary of a State Head at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹14.5 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 16 years to 20 years).

The top 10% of State Head in Hyderabad / Secunderabad at Muthoot Finance earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. State Head 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 4 Muthoot Finance employees in India.

What is the estimated take home salary of a State Head at Muthoot Finance in Hyderabad / Secunderabad?

The estimated take-home salary of a State Head at Muthoot Finance in Hyderabad / Secunderabad typically ranges from ₹1,19,627 to ₹1,22,982 per month. This is based on the average salary range of ₹14.5 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 16 years to 20 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 4 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 State Head at Muthoot Finance in Hyderabad / Secunderabad?

To be a State Head at Muthoot Finance in Hyderabad / Secunderabad, the key skills required include:

- Team Management Skills
- Business Development
- Gold Loan
- Business Generation
- Team Leading

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 State Head in India?

Paytm	₹8.9 Lakhs to ₹28.0 Lakhs per year
Collegedunia	₹18.0 Lakhs to ₹23.3 Lakhs per year
Reliance Retail	₹15.0 Lakhs to ₹32.3 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 State Head in companies similar to Muthoot Finance in Hyderabad / Secunderabad?

The salary of a State Head at companies similar to Muthoot Finance in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹6.5 Lakhs to ₹21.4 Lakhs per year
Muthoot Fincorp	₹10.4 Lakhs to ₹17.0 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 State Head at Muthoot Finance in Hyderabad / Secunderabad?

The salary growth for a State Head at Muthoot Finance in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a State Head in Hyderabad / Secunderabad can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
15 years	₹14.5 Lakhs to ₹20.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Muthoot Finance Salaries >
Muthoot Finance State Head Salaries >
Muthoot Finance State Head Salaries in Hyderabad / Secunderabad

Muthoot Finance State Head salary in Hyderabad / Secunderabad ranges between ₹14.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.