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4.5

based on 6.2k Reviews

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Muthoot Fincorp Customer Service Associate salaries in India

Annual salary range
1 - 3 years exp.
₹1.3 Lakh - ₹3.1 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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28% less than the average Customer Service Associate Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Customer Service Associate Salary
1 - 3 years exp. (3 salaries)
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₹1.4 L/yr - ₹3.1 L/yr

Finance & Accounting
Customer Service Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.3 L/yr - ₹2.5 L/yr

Human Resources
Customer Service Associate Salary
2 - 3 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.3 L/yr

Last Updated: 8 Dec 2023

Companies similar to Muthoot Fincorp for Customer Service Associate

Company name Avg Annual Salary Open Jobs
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₹1 L/yr - ₹2 L/yr

arrow icon 23% less
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₹1 L/yr - ₹1.8 L/yr

arrow icon 27% less
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₹1.9 L/yr - ₹2.9 L/yr

arrow icon 17% more
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₹1.7 L/yr - ₹3 L/yr

arrow icon 8% more
Logo
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₹1.7 L/yr - ₹2.9 L/yr

arrow icon 2% less
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₹1.5 L/yr - ₹3 L/yr

At par
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Edelweiss Customer Service Associate Salary

4 - 13 years exp. (3 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 110% more
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₹1.5 L/yr - ₹5 L/yr

arrow icon 48% more
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₹2.4 L/yr - ₹3.2 L/yr

arrow icon 43% more
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₹2.1 L/yr - ₹3 L/yr

arrow icon 26% more
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₹1.8 L/yr - ₹3 L/yr

arrow icon 6% more
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₹2 L/yr - ₹2.7 L/yr

arrow icon 3% more
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₹1.3 L/yr - ₹2.5 L/yr

arrow icon 4% less
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₹3 L/yr - ₹4 L/yr

arrow icon 68% more
Customer Service Associate salary at Muthoot Fincorp ranges between ₹1.3 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Customer Service Associate

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2 years exp.
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Experience wise Muthoot Fincorp Customer Service Associate salaries

Last Updated: 8 Dec 2023

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.3 L/yr - ₹3.6 L/yr
2 years  (4 salaries)

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₹2 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)

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₹0.9 L/yr - ₹3.1 L/yr

Similar Designation salaries in Muthoot Fincorp

Customer Support Associate Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹1.45 L/yr - ₹2.5 L/yr
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₹1 L/yr - ₹4 L/yr
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₹1.35 L/yr - ₹2.55 L/yr
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₹2.2 L/yr - ₹3.5 L/yr
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₹1.2 L/yr - ₹3.5 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
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₹1.1 L/yr - ₹3 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
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₹1.3 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Fincorp

4.2

Rated by 11 employees for salary & benefits

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.

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 17 Nov 2024

3.0
 for  Salary and Benefits

Likes

I am extremely satisfied with the working environment and appreciate the timely payment of salary and incentives.

read more

Dislikes

Our company environment is excellent, but our Area Manager's abusive language and sales driven approach compromise our well-being and role clarity. As Customer Service Executives, we're expected to focus on sales 90%, conflicting with our core responsibilities. We need support to address these issues and align our roles with customer service goals

read more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 09 Nov 2024

4.0
 for  Salary and Benefits

Likes

I like the rule and regulations. Culture is good my colleagues are very nice they help me a lot

Dislikes

...ometimes time limit exceeded and it's very hectic to balance personal life ... It's necessary to fix closing time either pay extra salary

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 08 Nov 2024

2.0
 for  Salary and Benefits

Likes

job timing is good and salary credit to the employees account on time.

read more

Dislikes

They are not giving importance to experience staffs and target is too heavy to complete. And no one is there for proper response to employees issues.

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 08 Nov 2024

1.0
 for  Salary and Benefits

Likes

Salary credited on time. Customer complaint system is very good. Working hours is very strict and there is no overtime. Company is good for freshers and govt. retired person.

read more

Dislikes

Employee's opinion doesn't matter. Salary increment and promotions are very slow. Leaves are very less in the company.

read more
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Muthoot Fincorp Customer Service Associate Salary FAQs

What is the salary of Customer Service Associate at Muthoot Fincorp?
Customer Service Associate salary at Muthoot Fincorp in India ranges between ₹1.3 Lakhs to ₹3.1 Lakhs for experience between 1 years to 3 years. According to our estimates it is 28% less than the average Customer Service Associate Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Customer Service Associate at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Customer Service Associate at Muthoot Fincorp is 28% less than the average salary of a Customer Service Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp to a Customer Service Associate in India?
  • Edelweiss Customer Service Associate Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
  • Poonawalla Fincorp Customer Service Associate Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
  • Tata Capital Customer Service Associate Salary - ₹1.5 Lakhs to ₹5.0 Lakhs per year
  • SMFG India Credit Customer Service Associate Salary - ₹2.4 Lakhs to ₹3.2 Lakhs per year
  • Sammaan Capital Limited Customer Service Associate Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
What is the salary of a Customer Service Associate in companies similar to Muthoot Fincorp in India?
  • Mahindra Finance Customer Service Associate Salary - ₹1.9 Lakhs to ₹2.9 Lakhs per year
  • Cholamandalam Investment & Finance Customer Service Associate Salary - ₹1.7 Lakhs to ₹3.0 Lakhs per year
  • IIFL Finance Customer Service Associate Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
  • Muthoot Finance Customer Service Associate Salary - ₹2.0 Lakhs to ₹2.7 Lakhs per year
  • HDB Financial Services Customer Service Associate Salary - ₹1.5 Lakhs to ₹3.0 Lakhs per year
What is the estimated take home salary of a Customer Service Associate at Muthoot Fincorp in India?
The estimated take-home salary of a Customer Service Associate at Muthoot Fincorp ranges between ₹14,531 per month to ₹16,058 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Customer Service Associate salary in India which ranges between ₹1.3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?
What is the notice period for Customer Service Associate at Muthoot Fincorp?
According to AmbitionBox, 40% of the Muthoot Fincorp Customer Service Associates reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Customer Service Associate salary in India ranges between ₹1.3 Lakh to ₹3.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.