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4.5

based on 6.5k Reviews

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Muthoot Fincorp Banking Assistant salaries in India

Annual salary range
2 - 10 years exp.
₹1.5 Lakh - ₹3 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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23% less than the average Banking Assistant Salary in NBFC Companies for 2 - 10 years of experience

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Last Updated: 26 May 2023

Companies similar to Muthoot Fincorp for Banking Assistant

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Banking Assistant Salary

0 - 4 years exp. (3 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 3% less
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₹1.4 L/yr - ₹3.6 L/yr

arrow icon 1% more
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IIFL Finance Banking Assistant Salary

4 - 15 years exp. (4 salaries)

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₹2.6 L/yr - ₹6.2 L/yr

arrow icon 58% more
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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 59% more
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Muthoot Finance Banking Assistant Salary

0 - 8 years exp. (4 salaries)

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₹1.1 L/yr - ₹9.1 L/yr

arrow icon 105% more
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IDFC FIRST Bharat Banking Assistant Salary

1 - 4 years exp. (4 salaries)

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₹2.2 L/yr - ₹4.5 L/yr

arrow icon 40% more
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Aavas Financiers Banking Assistant Salary

0 - 6 years exp. (3 salaries)

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₹1.6 L/yr - ₹2.1 L/yr

arrow icon 24% less
Banking Assistant salary at Muthoot Fincorp ranges between ₹1.5 Lakh to ₹3 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Banking Assistant

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2 years exp.
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4 years exp.
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10 years exp.
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4 years exp.

Experience wise Muthoot Fincorp Banking Assistant salaries

Last Updated: 26 May 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹2 L/yr
10 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Similar Designation salaries in Muthoot Fincorp

Account Assistant Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Accountant Salary
(16 salaries)
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₹0.5 L/yr - ₹3.1 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Senior Analyst Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹1.3 L/yr - ₹3.75 L/yr
Analyst Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Team Lead Salary
(5 salaries)
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₹2.2 L/yr - ₹3.34 L/yr
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₹2 L/yr - ₹4 L/yr

Salary related reviews for Muthoot Fincorp

5.0

Rated by 2 employees for salary & benefits

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.

read more

Dislikes

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

read more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 26 Nov 2024

5.0
 for  Salary and Benefits

Likes

The company is very good, I like the company a lot but my salary is very low, that's why I am a little angry because my salary is low

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Dislikes

I do not want to dislike anything but I want to tell you that I am a business development officer but my salary package is very low. I am working here on a very low salary.

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Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

4.0
 for  Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

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Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

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Full Time

 · 

Marketing & Communication Department

5.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Very good culture to develop our skills and knowledge and consistent growth in our life

Dislikes

Need salary hike according to working experience. Then need full salary without other tax deduction except ESI and PF

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see more salary related reviews

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Muthoot Fincorp Banking Assistant Salary FAQs

What is the salary of Banking Assistant at Muthoot Fincorp?
Banking Assistant salary at Muthoot Fincorp in India ranges between ₹1.5 Lakhs to ₹3.0 Lakhs for experience between 2 years to 10 years. According to our estimates it is 23% less than the average Banking Assistant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Banking Assistant at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Banking Assistant at Muthoot Fincorp is 23% less than the average salary of a Banking Assistant in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp to a Banking Assistant in India?
  • Muthoot Finance Banking Assistant Salary - ₹1.1 Lakhs to ₹9.1 Lakhs per year
  • Bharat Financial Inclusion Banking Assistant Salary - ₹2.6 Lakhs to ₹4.5 Lakhs per year
  • IIFL Finance Banking Assistant Salary - ₹2.6 Lakhs to ₹6.2 Lakhs per year
  • IDFC FIRST Bharat Banking Assistant Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
  • HDB Financial Services Banking Assistant Salary - ₹1.4 Lakhs to ₹3.6 Lakhs per year
What is the salary of a Banking Assistant in companies similar to Muthoot Fincorp in India?
  • Bajaj Finance Banking Assistant Salary - ₹1.5 Lakhs to ₹3.5 Lakhs per year
  • Aavas Financiers Banking Assistant Salary - ₹1.6 Lakhs to ₹2.1 Lakhs per year
What is the estimated take home salary of a Banking Assistant at Muthoot Fincorp in India?
The estimated take-home salary of a Banking Assistant at Muthoot Fincorp ranges between ₹16,496 per month to ₹18,193 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Banking Assistant salary in India which ranges between ₹1.5 Lakhs to ₹3.0 Lakhs per year for employees with experience between 2 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Banking Assistant at Muthoot Fincorp?
According to AmbitionBox, 100% of the Muthoot Fincorp Banking Assistants reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Banking Assistant salary in India ranges between ₹1.5 Lakh to ₹3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.