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Muthoot Fincorp Loan Processor salaries in Bangalore / Bengaluru

Annual salary range
1 - 3 years exp.
₹1.8 Lakh - ₹2.5 Lakhs
Salary of majority employees
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37% less than the average Loan Processor Salary in NBFC Companies for 1 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Loan Processor Salary
1 - 2 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.3 L/yr

Finance & Accounting
Loan Processor Salary
1 - 2 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.1 L/yr

Last Updated: 13 Mar 2023

Companies similar to Muthoot Fincorp for Loan Processor in Bangalore / Bengaluru

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Muthoot Fincorp Loan Processor Salary

1 - 3 years exp. (8 salaries)

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₹1.8 L/yr - ₹2.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Loan Processor Salary

0 - 3 years exp. (30 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 95% more
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Wells Fargo Loan Processor Salary

0 - 5 years exp. (25 salaries)

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₹2.7 L/yr - ₹5.6 L/yr

arrow icon 87% more
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₹3 L/yr - ₹4 L/yr

arrow icon 68% more
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Firstsource Solutions Loan Processor Salary

0 - 4 years exp. (8 salaries)

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₹2 L/yr - ₹4.6 L/yr

arrow icon 46% more
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Altisource Loan Processor Salary

1 - 5 years exp. (6 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 64% more
Loan Processor salary at Muthoot Fincorp ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Loan Processor in Bangalore / Bengaluru

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2 years exp.
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1 year exp.
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Experience wise Muthoot Fincorp Loan Processor salaries in Bangalore / Bengaluru

Last Updated: 13 Mar 2023

Experience Avg Annual Salary
1 year  (3 salaries)

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₹1.8 L/yr - ₹3.7 L/yr
2 years  (4 salaries)

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₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)

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₹0.8 L/yr - ₹2.5 L/yr

Similar Designation salaries in Muthoot Fincorp

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₹1 L/yr - ₹3.5 L/yr
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₹1.98 L/yr - ₹3.5 L/yr
Joint Custodian Salary
(19 salaries)
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₹1.1 L/yr - ₹3.5 L/yr
Branch Incharge Salary
(15 salaries)
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₹1.5 L/yr - ₹3 L/yr
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₹1.8 L/yr - ₹3.1 L/yr
Area Manager Salary
(7 salaries)
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₹6.38 L/yr - ₹9 L/yr
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₹1.8 L/yr - ₹3 L/yr
Cashier Salary
(5 salaries)
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₹1.55 L/yr - ₹3 L/yr

Salary related reviews for Muthoot Fincorp

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
  • Skill development - Good
  • +2 more

Dislikes

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

read more
  • Job security - Poor
  • +1 more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • 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 !

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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.

read more
  • Promotions - Bad

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

read more
  • 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.

read more
  • Promotions - Poor
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Muthoot Fincorp Loan Processor Salary FAQs

What is the salary of Loan Processor at Muthoot Fincorp Bangalore / Bengaluru?
Loan Processor salary at Muthoot Fincorp in Bangalore / Bengaluru ranges between ₹1.8 Lakhs to ₹2.5 Lakhs for experience between 1 years to 3 years. According to our estimates it is 37% less than the average Loan Processor Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Fincorp Bangalore / Bengaluru.
How does the salary of a Loan Processor at Muthoot Fincorp Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Loan Processor at Muthoot Fincorp is 37% less than the average salary of a Loan Processor in Bangalore / Bengaluru. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp to a Loan Processor in Bangalore / Bengaluru?
  • JPMorgan Chase & Co. Loan Processor Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
  • Wells Fargo Loan Processor Salary - ₹2.7 Lakhs to ₹5.6 Lakhs per year
  • Valenta AI Private Limited Loan Processor Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year
  • Altisource Loan Processor Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • Firstsource Solutions Loan Processor Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year
What is the estimated take home salary of a Loan Processor at Muthoot Fincorp in Bangalore / Bengaluru?
The estimated take-home salary of a Loan Processor at Muthoot Fincorp ranges between ₹14,353 per month to ₹15,865 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Muthoot Fincorp Loan Processor salary in India which ranges between ₹1.8 Lakhs to ₹2.5 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 Loan Processor at Muthoot Fincorp in Bangalore / Bengaluru?
According to AmbitionBox, 100% of the Muthoot Fincorp Loan Processors in Bangalore / Bengaluru reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Loan Processor salary in Bangalore / Bengaluru ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.