Muthoot Fincorp Loan Processor salaries in Thiruvananthapuram
Annual salary range
0 - 1 year exp.
₹1.3
Lakh - ₹1.7
Lakh
LowConfidence
Low confidence means that this average salary is based on data that was reported by very few people.
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Last Updated:
12 Mar 2023
Loan Processor salary at Muthoot Fincorp ranges between ₹1.3
Lakh
to ₹1.7
Lakh
per year for employees with less than 1 year of experience. Salary
estimates are based on
2 latest salaries received
from various employees of Muthoot Fincorp.
I do not want to dislike anything but I want to tell you that I am a business development officer but my salary package is very low. I am working here on a very low salary.
This is a good company for work. We have the job security for all staff. And good office time.
Dislikes
Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..
... 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.
Muthoot Fincorp Loan Processor Salaries in Thiruvananthapuram
Muthoot Fincorp Loan Processor salary in
Thiruvananthapuram
ranges between ₹1.3
Lakh to ₹1.7
Lakh. This is an estimate based on
latest salaries received from employees of Muthoot Fincorp.