Muthoot Finance Subedar Major Salaries by Employees (Updated 2024)

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₹12.6 Lakhs - ₹16.1 Lakhs

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Salary of majority employees

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Last Updated: 14 Dec 2023

Companies similar to Muthoot Finance for Subedar Major

Company name	Avg Annual Salary	Open Jobs
Indian Army Subedar Major Salary 28 - 32 years exp. (131 salaries)	₹3.8 L/yr - ₹15 L/yr 37% less
Border Security Force Subedar Major Salary 15 - 21 years exp. (7 salaries)	₹9 L/yr - ₹15 L/yr 12% less
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Ministry of Defence Subedar Major Salary 29 - 31 years exp. (6 salaries)	₹6.7 L/yr - ₹9 L/yr 46% less
Central Reserve Police Force Subedar Major Salary 20 - 23 years exp. (6 salaries)	₹11 L/yr - ₹15.5 L/yr 6% less
Army Medical Corps Subedar Major Salary 30 - 32 years exp. (4 salaries)	₹8 L/yr - ₹14 L/yr 24% less

Subedar Major salary at Muthoot Finance ranges between ₹12.6 Lakhs to ₹16.1 Lakhs per year for employees with 34 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Finance.

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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

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

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

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.

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.

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.

Relationship Executive in Chennai

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

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.

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Subedar Major Salary FAQs

What is the notice period for Subedar Major at Muthoot Finance?

According to AmbitionBox, 100% of the Muthoot Finance Subedar Majors reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Finance Subedar Major Salaries

Muthoot Finance Subedar Major salary in India ranges between ₹12.6 Lakhs to ₹16.1 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.