Muthoot Fincorp Associate Salaries by 5 Employees

1 - 5 years exp.

₹1.8 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

73% less than the average Associate Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Salary 1 - 5 years exp. (AmbitionBox Estimate)	₹1.7 L/yr - ₹2.1 L/yr
Finance & Accounting Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr
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BFSI, Investments & Trading Associate Salary 4 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 15 Dec 2023

Companies similar to Muthoot Fincorp for Associate

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Bharat Financial Inclusion Associate Salary 0 - 3 years exp. (45 salaries)	₹1.4 L/yr - ₹3.5 L/yr 32% more
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Sammaan Capital Limited Associate Salary 1 - 3 years exp. (5 salaries)	₹2.2 L/yr - ₹2.6 L/yr 13% more
Muthoot Finance Associate Salary 0 - 2 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 21% more

View all

Associate salary at Muthoot Fincorp ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Associate salaries

Last Updated: 15 Dec 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.6 L/yr

Similar Designation salaries in Muthoot Fincorp

Senior Associate Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Team Lead Salary

(5 salaries)

₹2.2 L/yr - ₹3.34 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Senior Engineer Salary

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₹3 L/yr - ₹7.5 L/yr

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Salary related reviews for Muthoot Fincorp

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

Senior Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

1. Good Culture 2. Work life balance. 3. Org works for Employee Health and well being. Altogether good org

Skill development - Good

+4 more

Dislikes

Salary discrimination, same grade different in salary package. Not counting the overall experience..

see more salary related reviews

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Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Fincorp Associate Salary FAQs

What is the salary of Associate at Muthoot Fincorp?

Associate salary at Muthoot Fincorp in India ranges between ₹1.8 Lakhs to ₹2.5 Lakhs for experience between 1 years to 5 years. According to our estimates it is 73% less than the average Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Associate at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Associate at Muthoot Fincorp is 73% less than the average salary of a Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Fincorp to a Associate in India?

Edelweiss Associate Salary - ₹2.1 Lakhs to ₹10.9 Lakhs per year
Capri Global Capital Associate Salary - ₹3.0 Lakhs to ₹8.5 Lakhs per year
IIFL Finance Associate Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance Associate Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
Tata Capital Associate Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year

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

Poonawalla Fincorp Associate Salary - ₹3.2 Lakhs to ₹4.0 Lakhs per year
Shriram Finance Associate Salary - ₹1.5 Lakhs to ₹3.3 Lakhs per year
Mahindra Finance Associate Salary - ₹1.7 Lakhs to ₹4.4 Lakhs per year
Cholamandalam Investment & Finance Associate Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Prime Associate Salary - ₹1.6 Lakhs to ₹3.8 Lakhs per year

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

The estimated take-home salary of a Associate at Muthoot Fincorp ranges between ₹13,891 per month to ₹15,363 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Associate salary in India which ranges between ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Associate at Muthoot Fincorp?

According to AmbitionBox, 100% of the Muthoot Fincorp Associates reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Associate Salaries

Muthoot Fincorp Associate salary in India ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.