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Muthoot Fincorp Forex Manager salaries in India

Annual salary range
2 - 15 years exp.
₹2.6 Lakhs - ₹9 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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Fixed (82%)
₹4.1 Lakhs
Variable (18%)
₹0.9 Lakh
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38% less than the average Forex Manager Salary in NBFC Companies for 2 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Forex Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹9.9 L/yr

Finance & Accounting
Forex Manager Salary
2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Sales & Business Development
Forex Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.1 L/yr

Last Updated: 31 Oct 2024

Companies similar to Muthoot Fincorp for Forex Manager

Company name Avg Annual Salary Open Jobs
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Edelweiss Forex Manager Salary

0 - 5 years exp. (3 salaries)

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₹6 L/yr - ₹10.5 L/yr

arrow icon 57% more
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ICICI Bank Forex Manager Salary

1 - 7 years exp. (28 salaries)

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₹4 L/yr - ₹8 L/yr

arrow icon 14% more
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Bank of Baroda Forex Manager Salary

6 - 12 years exp. (16 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 212% more
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HDFC Bank Forex Manager Salary

1 - 11 years exp. (15 salaries)

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₹3 L/yr - ₹9.4 L/yr

arrow icon 30% more
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Axis Bank Forex Manager Salary

6 - 15 years exp. (6 salaries)

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₹6.6 L/yr - ₹9 L/yr

arrow icon 45% more
Forex Manager salary at Muthoot Fincorp ranges between ₹2.6 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Forex Manager

2mo ago
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2 years exp.
3mo ago
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14 years exp.
1y ago
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3 years exp.
1y ago
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15 years exp.

Experience wise Muthoot Fincorp Forex Manager salaries

Last Updated: 31 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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

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₹5 L/yr - ₹6.3 L/yr
15+ years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹10.3 L/yr

Similar Designation salaries in Muthoot Fincorp

Chief Manager Salary
(AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.7 L/yr
Forex Officer Salary
(5 salaries)
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₹2.1 L/yr - ₹3.5 L/yr
Branch Manager Salary
(601 salaries)
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₹1.25 L/yr - ₹6.3 L/yr
Cluster Manager Salary
(10 salaries)
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₹5.2 L/yr - ₹10.5 L/yr
Deputy Manager Salary
(68 salaries)
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₹2.75 L/yr - ₹7.9 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr
Manager M1 Salary
(5 salaries)
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₹4.5 L/yr - ₹7 L/yr
Team Lead Salary
(5 salaries)
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₹2.2 L/yr - ₹3.34 L/yr
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₹2.15 L/yr - ₹4.5 L/yr
Officer Salary
(6 salaries)
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₹2.05 L/yr - ₹3.2 L/yr

Top skills at Muthoot Fincorp for Forex Manager

Foreign Exchange Forex

Salary related reviews for Muthoot Fincorp

4.1

Rated by 2 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 19 Dec 2024

5.0
 for  Salary and Benefits

Likes

I appreciate my company for its punctuality in maintaining work schedules, the competitive salary it offers, and the supportive and positive working environment

read more
  • Salary - Excellent
  • +6 more

Dislikes

I dislike the frequent server issues and delays in processing claims, which impact efficiency and workflow

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

  • Skill development - Good
  • +1 more

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

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Other Department

4.0
  •  posted on 02 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

read more
  • Salary - Good
  • +6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

read more
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Muthoot Fincorp Forex Manager Salary FAQs

What is the salary of Forex Manager at Muthoot Fincorp?
Forex Manager salary at Muthoot Fincorp in India ranges between ₹2.6 Lakhs to ₹9.0 Lakhs for experience between 2 years to 15 years. According to our estimates it is 38% less than the average Forex Manager 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 Forex Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Forex Manager at Muthoot Fincorp is 38% less than the average salary of a Forex Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Forex Manager at Muthoot Fincorp?
Foreign Exchange and Forex are some of the popular skills required to work as a Forex Manager at Muthoot Fincorp India.
Which similar companies are paying more than Muthoot Fincorp to a Forex Manager in India?
  • Bank of Baroda Forex Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
  • Edelweiss Forex Manager Salary - ₹6.0 Lakhs to ₹10.5 Lakhs per year
  • Axis Bank Forex Manager Salary - ₹6.6 Lakhs to ₹9.0 Lakhs per year
  • HDFC Bank Forex Manager Salary - ₹3.0 Lakhs to ₹9.4 Lakhs per year
  • ICICI Bank Forex Manager Salary - ₹4.0 Lakhs to ₹8.0 Lakhs per year
What is the estimated take home salary of a Forex Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Forex Manager at Muthoot Fincorp ranges between ₹37,845 per month to ₹39,042 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Forex Manager salary in India which ranges between ₹2.6 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Forex Manager at Muthoot Fincorp?
According to AmbitionBox, 67% of the Muthoot Fincorp Forex Managers reported a notice period of 2 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Forex Manager salary in India ranges between ₹2.6 Lakhs to ₹9 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.