Muthoot Fincorp Finance Assistant Salaries by 4 Employees

0 - 2 years exp.

₹1.8 Lakh - ₹3 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Finance Assistant Salary in NBFC Companies for 0 - 2 years of experience

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Last Updated: 29 Aug 2024

Companies similar to Muthoot Fincorp for Finance Assistant

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Finance Assistant Salary 0 - 3 years exp. (11 salaries)	₹1 L/yr - ₹3 L/yr 3% less
Bajaj Finance Finance Assistant Salary 0 - 5 years exp. (6 salaries)	₹1.2 L/yr - ₹3.5 L/yr 23% more
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Shriram Finance Finance Assistant Salary 1 - 6 years exp. (7 salaries)	₹2 L/yr - ₹2.6 L/yr 13% more
Mahindra Finance Finance Assistant Salary 12 - 14 years exp. (3 salaries)	₹3.6 L/yr - ₹5.5 L/yr 75% more
Cholamandalam Investment & Finance Finance Assistant Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.1 L/yr 24% more
L&T Finance Finance Assistant Salary 1 - 3 years exp. (6 salaries)	₹0.9 L/yr - ₹3.3 L/yr 3% less
HDB Financial Services Finance Assistant Salary 0 - 5 years exp. (10 salaries)	₹1 L/yr - ₹3 L/yr 5% more
Muthoot Finance Finance Assistant Salary 0 - 4 years exp. (9 salaries)	₹1.2 L/yr - ₹2.5 L/yr 17% less
Bharat Financial Inclusion Finance Assistant Salary 0 - 3 years exp. (8 salaries)	₹1.8 L/yr - ₹3.3 L/yr 1% more
IIFL Finance Finance Assistant Salary 0 - 5 years exp. (6 salaries)	₹2.3 L/yr - ₹3.3 L/yr 14% more
SMFG India Credit Finance Assistant Salary 0 - 3 years exp. (7 salaries)	₹1.2 L/yr - ₹4 L/yr 12% more
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Kotak Mahindra Prime Finance Assistant Salary 0 - 7 years exp. (5 salaries)	₹2.2 L/yr - ₹2.5 L/yr 2% less
TVS Credit Finance Assistant Salary 0 - 4 years exp. (4 salaries)	₹1 L/yr - ₹4 L/yr 18% more
SK Finance Limited Finance Assistant Salary 4 - 6 years exp. (4 salaries)	₹2 L/yr - ₹2.8 L/yr 2% less
CreditAccess Grameen Finance Assistant Salary 0 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹2 L/yr 27% less
Muthoot Microfin Finance Assistant Salary 0 - 3 years exp. (3 salaries)	₹2 L/yr - ₹7.5 L/yr 81% more
Tata Capital Housing Finance Finance Assistant Salary 3 - 10 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 69% more

Finance Assistant salary at Muthoot Fincorp ranges between ₹1.8 Lakh to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Finance Assistant salaries

Last Updated: 29 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.4 L/yr
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹4 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹3 L/yr

Similar Designation salaries in Muthoot Fincorp

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Account Assistant Salary

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₹2.1 L/yr - ₹2.6 L/yr

Finance Executive Salary

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₹1.3 L/yr - ₹4 L/yr

Financial Analyst Salary

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₹7 L/yr - ₹13 L/yr

Accountant Salary

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₹1.35 L/yr - ₹3.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Process Associate Salary

(3 salaries)

₹1.2 L/yr - ₹1.5 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Management Trainee Salary

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₹2.4 L/yr - ₹4.94 L/yr

Salary related reviews for Muthoot Fincorp

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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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 Finance Assistant Salary FAQs

What is the salary of Finance Assistant at Muthoot Fincorp ?

The average salary of a Finance Assistant at Muthoot Fincorp in India typically ranges from ₹1.8 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Finance Assistant at Muthoot Fincorp earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Finance Assistant 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 4 Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Finance Assistant at Muthoot Fincorp in India typically ranges from ₹15,252 to ₹16,842 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 2 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 4 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 Finance Assistant in India?

Muthoot Microfin	₹2.0 Lakhs to ₹7.5 Lakhs per year
Mahindra Finance	₹3.6 Lakhs to ₹5.5 Lakhs per year
Tata Capital Housing Finance	₹3.0 Lakhs to ₹4.5 Lakhs per year
Cholamandalam Investment & Finance	₹2.0 Lakhs to ₹3.1 Lakhs per year
Bajaj Finance	₹1.2 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 Finance Assistant in companies similar to Muthoot Fincorp in India?

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

TVS Credit	₹1.0 Lakhs to ₹4.0 Lakhs per year
IIFL Finance	₹2.3 Lakhs to ₹3.3 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹2.6 Lakhs per year
SMFG India Credit	₹1.2 Lakhs to ₹4.0 Lakhs per year
HDB Financial Services	₹1.0 Lakhs to ₹3.0 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 Finance Assistant at Muthoot Fincorp in India?

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

Experience	Average Salary Range
Fresher	₹0.8 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.8 Lakhs to ₹4.0 Lakhs per year
2 years	₹2.1 Lakhs to ₹3.0 Lakhs per year

and so on.

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Muthoot Fincorp Finance Assistant Salaries

Muthoot Fincorp Finance Assistant salary in India ranges between ₹1.8 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.