Muthoot Fincorp Accounts Officer Salaries by 6 Employees

1 - 3 years exp.

₹1.2 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Accounts Officer Salary in NBFC Companies for 1 - 3 years of experience

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Last Updated: 8 Jan 2024

Companies similar to Muthoot Fincorp for Accounts Officer

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Accounts Officer Salary 0 - 7 years exp. (15 salaries)	₹2.3 L/yr - ₹5.1 L/yr 64% more
Bajaj Finance Accounts Officer Salary 2 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹3.8 L/yr 19% more
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Shriram Finance Accounts Officer Salary 0 - 14 years exp. (17 salaries)	₹1.3 L/yr - ₹5 L/yr 26% more
Mahindra Finance Accounts Officer Salary 2 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹3.4 L/yr 34% more
L&T Finance Accounts Officer Salary 0 - 4 years exp. (4 salaries)	₹1.5 L/yr - ₹3.9 L/yr 22% more
HDB Financial Services Accounts Officer Salary 0 - 9 years exp. (5 salaries)	₹2.2 L/yr - ₹4.5 L/yr 62% more
IIFL Finance Accounts Officer Salary 1 - 8 years exp. (36 salaries)	₹1.2 L/yr - ₹5.8 L/yr 36% more
Muthoot Microfin Accounts Officer Salary 0 - 5 years exp. (7 salaries)	₹3 L/yr - ₹3.7 L/yr 50% more
Muthoot Finance Accounts Officer Salary 1 - 5 years exp. (7 salaries)	₹1.8 L/yr - ₹2.1 L/yr 3% less
SK Finance Limited Accounts Officer Salary 1 - 3 years exp. (5 salaries)	₹1.6 L/yr - ₹2.5 L/yr 4% less
Mahindra Rural Housing Finance Accounts Officer Salary 0 - 5 years exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr 10% more
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Poonawalla Fincorp Accounts Officer Salary 9 - 20 years exp. (4 salaries)	₹3 L/yr - ₹4 L/yr 60% more
Sundaram Finance Accounts Officer Salary 0 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.4 L/yr 54% more

Accounts Officer salary at Muthoot Fincorp ranges between ₹1.2 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Accounts Officer salaries

Last Updated: 8 Jan 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.2 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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3 years (3 salaries)	₹2 L/yr - ₹3 L/yr

Similar Designation salaries in Muthoot Fincorp

Senior Accounts Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Accountant Salary

(15 salaries)

₹1.35 L/yr - ₹3.1 L/yr

Accounting Staff Salary

(5 salaries)

₹1.92 L/yr - ₹5 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Deputy Manager Salary

(69 salaries)

₹2.75 L/yr - ₹7.9 L/yr

Audit Assistant Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Management Trainee Salary

(10 salaries)

₹2.4 L/yr - ₹4.94 L/yr

Process Associate Salary

(3 salaries)

₹1.2 L/yr - ₹1.5 L/yr

Salary related reviews for Muthoot Fincorp

4.0

Rated by 1 employees for salary & benefits

Finance Executive in Nagpur

Finance & Accounting Department

4.0

• posted on 29 May 2020

3.0

for Salary and Benefits

Likes

I have working last 1 and half year with Muthoot Fincorp LTd. my work experience better and joy full all Manager are saporting me on field work.

Skill development - Good

+2 more

Dislikes

In lockdown Company deducted salary and push on Fild work in corona Covid 19 condition

Job security - Poor

+1 more

Senior Executive in Goa

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... 3months.. you work there n within 3months you search for another organisation.. they offer lowest salary in the market.. and on top of it you'll have to serve 2months or 3months resignation period and after that also they will not provide you ur reliving letter n even your full n final settlement will not happen.. they take year to do Full and final settlement.. I was the employee here after 2 years I gave resignation fir better opportunity but m lacking behind only because I don't have reliving letter.. even after 4 months and tones of followups with them they arey not giving me my reliving letter and my salary.. so think before you join.. here no one will help you manager area manager regional manager no one.. worst company it is.. u better seat home rather you join in muthoot Fincorp.. if you join you will regret it till your alive mark my words.. they are totally unprofessional and behave rediculous.. THINK BEFOR YOU JOIN MUTHOOT FINCORP LTD

Salary - Bad

+6 more

Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

5.0

for Salary and Benefits

Likes

The opportunities for continuous learning and professional development & salary credited on time.

Salary - Excellent

+5 more

Dislikes

Company is great no dought ,I am working here last 1.5 years and I see some people have two faces and changing their own words according to the situation. All over great !

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

3.0

for Salary and Benefits

Likes

Working timing is good, and salary is always come on time.

Job security - Good

+2 more

Dislikes

In this company salary increment is done according to the outstanding of the branch, so the new staff who join in a smaller branch will not get any benefit. If increment is done according to the outstanding of the branch then the vintage staff should get a bigger branch according to their individual score card or there should be shuffling of all employees every 2 years.

Promotions - Bad

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

4.0

for Salary and Benefits

Likes

Working timing is good, Salary come on time , great place for girls as they get job nearest to home

Salary - Good

+2 more

Dislikes

Working culture is toxic in some branches as there is lot of gap between management and employees. Employees do not able to contact HR for their problems. Appraisal and increment is not good as only buttering people get that.

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Fincorp Accounts Officer Salary FAQs

What is the salary of Accounts Officer at Muthoot Fincorp ?

The average salary of a Accounts Officer at Muthoot Fincorp in India typically ranges from ₹1.2 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 3 years).

The top 10% of Accounts Officer at Muthoot Fincorp earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Accounts Officer Salaries at Muthoot Fincorp 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 6 Muthoot Fincorp employees in India.

What is the estimated take home salary of a Accounts Officer at Muthoot Fincorp in India?

The estimated take-home salary of a Accounts Officer at Muthoot Fincorp in India typically ranges from ₹14,675 to ₹16,214 per month. This is based on the average salary range of ₹1.2 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year to 3 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 6 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Fincorp for Accounts Officer in India?

Manappuram Finance	₹2.3 Lakhs to ₹5.1 Lakhs per year
HDB Financial Services	₹2.2 Lakhs to ₹4.5 Lakhs per year
Poonawalla Fincorp	₹3.0 Lakhs to ₹4.0 Lakhs per year
Sundaram Finance	₹3.0 Lakhs to ₹3.4 Lakhs per year
Muthoot Microfin	₹3.0 Lakhs to ₹3.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.

What is the salary of a Accounts Officer in companies similar to Muthoot Fincorp in India?

The salary of a Accounts Officer at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹1.2 Lakhs to ₹5.8 Lakhs per year
Mahindra Finance	₹2.8 Lakhs to ₹3.4 Lakhs per year
Shriram Finance	₹1.3 Lakhs to ₹5.0 Lakhs per year
L&T Finance	₹1.5 Lakhs to ₹3.9 Lakhs per year
Bajaj Finance	₹2.1 Lakhs to ₹3.8 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 Accounts Officer at Muthoot Fincorp in India?

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

Experience	Average Salary Range
1 year	₹1.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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Muthoot Fincorp Accounts Officer Salaries

Muthoot Fincorp Accounts Officer salary in India ranges between ₹1.2 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.