Muthoot Fincorp Banking Executive Salaries by 9 Employees (Updated 2025)

1 - 5 years exp.

₹1.5 Lakh - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

At par with the average Banking Executive Salary in NBFC Companies for 1 - 5 years of experience

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Last Updated: 1 Jan 2025

Companies similar to Muthoot Fincorp for Banking Executive

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Banking Executive Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3.9 L/yr 1% less
TVS Credit Banking Executive Salary 2 - 6 years exp. (8 salaries)	₹1.4 L/yr - ₹4.5 L/yr 35% less
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Muthoot Finance Banking Executive Salary 1 - 6 years exp. (8 salaries)	₹2 L/yr - ₹3.3 L/yr 12% less
Kotak Mahindra Prime Banking Executive Salary 2 - 6 years exp. (7 salaries)	₹2 L/yr - ₹2.4 L/yr 21% less
Bharat Financial Inclusion Banking Executive Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹5 L/yr 21% more
Mahindra Finance Banking Executive Salary 0 - 3 years exp. (5 salaries)	₹1.7 L/yr - ₹2.5 L/yr 28% less
Satin Creditcare Network Banking Executive Salary 3 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.2 L/yr 3% less
Manappuram Finance Banking Executive Salary 0 - 2 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 11% less
Capri Global Capital Banking Executive Salary 0 - 9 years exp. (4 salaries)	₹1.9 L/yr - ₹3.8 L/yr 15% less
PNB Housing Finance Banking Executive Salary 5 - 7 years exp. (4 salaries)	₹2 L/yr - ₹3.1 L/yr 2% more
Five-Star Business Finance Banking Executive Salary 1 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 1% more
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Poonawalla Fincorp Banking Executive Salary 2 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹3.2 L/yr 16% less
Mahindra Rural Housing Finance Banking Executive Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.8 L/yr 15% less
SK Finance Limited Banking Executive Salary 1 - 3 years exp. (3 salaries)	₹1.4 L/yr - ₹2 L/yr 43% less
CreditAccess Grameen Banking Executive Salary 1 year exp. (3 salaries)	₹0.5 L/yr - ₹1.4 L/yr 63% less
SMFG India Credit Banking Executive Salary 1 - 4 years exp. (3 salaries)	₹1.5 L/yr - ₹2.9 L/yr 10% less

Banking Executive salary at Muthoot Fincorp ranges between ₹1.5 Lakh to ₹3.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Banking Executive salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
2 years (3 salaries)	₹1.5 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

Similar Designation salaries in Muthoot Fincorp

Finance Executive Salary

(34 salaries)

₹1.3 L/yr - ₹4 L/yr

Sales Executive Salary

(113 salaries)

₹1.2 L/yr - ₹3.2 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Senior Accounts Executive Salary

(6 salaries)

₹1.4 L/yr - ₹3.5 L/yr

Management Trainee Salary

(10 salaries)

₹2.4 L/yr - ₹4.94 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Sales Officer Salary

(21 salaries)

₹1.45 L/yr - ₹3.21 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Accountant Salary

(15 salaries)

₹1.35 L/yr - ₹3.1 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Fincorp

4.0

Rated by 1 employees for salary & benefits

Sales Executive in New Delhi

Other Department

4.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Good work experience. Teammates are supportive but seniors are not supportive including HR department. Company policies are good appraisal are not fair they give but very long time.

Salary - Excellent

+3 more

Dislikes

There is a lot of politics this is true. Management doesn't intrested our issues. Salary and career not growth in this company.

Job security - Poor

+1 more

Sales Executive in New Delhi

Other Department

5.0

• posted on 26 Mar 2021

5.0

for Salary and Benefits

Likes

Yes Good work environment and culture. Teammates are supportive and the management is transparent. There is a huge cafeteria and gaming arcade for chilling.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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

State Legal Manager in Lucknow

Full Time

Legal & Regulatory Department

3.0

• posted on 11 Feb 2025

2.0

for Salary and Benefits

Likes

Job security

Skill development - Excellent

+2 more

Dislikes

No support or respect for support verticles. Salary will be the lowest as per the market standard or industry. Had to report office at sharp 9:30 AM morning and late night sittings. No week off in last 10 days of months. you have to work on Sundays also.

Salary - 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

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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

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Muthoot Fincorp Banking Executive Salary FAQs

What is the salary of Banking Executive at Muthoot Fincorp ?

The average salary of a Banking Executive at Muthoot Fincorp in India typically ranges from ₹1.5 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Banking Executive at Muthoot Fincorp earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Banking Executive 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 9 Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Banking Executive at Muthoot Fincorp in India typically ranges from ₹20,325 to ₹21,983 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 1 year to 5 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 9 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 Banking Executive in India?

Bharat Financial Inclusion	₹1.8 Lakhs to ₹5.0 Lakhs per year
PNB Housing Finance	₹2.0 Lakhs to ₹3.1 Lakhs per year
Five-Star Business Finance	₹2.5 Lakhs to ₹3.5 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 Banking Executive in companies similar to Muthoot Fincorp in India?

The salary of a Banking Executive 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	₹2.0 Lakhs to ₹3.9 Lakhs per year
Satin Creditcare Network	₹2.5 Lakhs to ₹3.2 Lakhs per year
SMFG India Credit	₹1.5 Lakhs to ₹2.9 Lakhs per year
Manappuram Finance	₹2.2 Lakhs to ₹3.0 Lakhs per year
Muthoot Finance	₹2.0 Lakhs to ₹3.3 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 Banking Executive at Muthoot Fincorp in India?

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

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.5 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.3 Lakhs per year

and so on.

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Muthoot Fincorp Banking Executive Salaries by Location

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Muthoot Fincorp Banking Executive Salaries

Muthoot Fincorp Banking Executive salary in India ranges between ₹1.5 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

Muthoot Fincorp Banking Executive salaries in India (Updated 2025)

Companies similar to Muthoot Fincorp for Banking Executive

Latest annual salaries shared by Muthoot Fincorp Banking Executive

Experience wise Muthoot Fincorp Banking Executive salaries

Similar Designation salaries in Muthoot Fincorp

Salary related reviews for Muthoot Fincorp

Sales Executive in New Delhi

Sales Executive in New Delhi

Finance Executive in Nagpur

State Legal Manager in Lucknow

Senior Executive in Goa

Muthoot Fincorp Banking Executive Salary FAQs

Tell us how to improve this page.

Muthoot Fincorp Banking Executive Salaries by Location