Muthoot Fincorp Software Developer Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹8 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

35% more than the average Software Developer Salary in NBFC Companies for 1 - 7 years of experience

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Last Updated: 8 Dec 2024

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Muthoot Microfin Software Developer Salary 0 - 8 years exp. (6 salaries)	₹5.5 L/yr - ₹8 L/yr 36% less
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Software Developer salary at Muthoot Fincorp ranges between ₹8 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Software Developer salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.2 L/yr - ₹9 L/yr
2 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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3 years (AmbitionBox Estimate)	₹8 L/yr - ₹9.7 L/yr
4 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
5 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
6 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.5 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹14 L/yr

View all

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Salary related reviews for Muthoot Fincorp

Rated by 1 employees for salary & benefits

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

Senior Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

1. Good Culture 2. Work life balance. 3. Org works for Employee Health and well being. Altogether good org

Skill development - Good

+4 more

Dislikes

Salary discrimination, same grade different in salary package. Not counting the overall experience..

see more salary related reviews

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Fincorp Software Developer Salary FAQs

What is the salary of Software Developer at Muthoot Fincorp?

Software Developer salary at Muthoot Fincorp in India ranges between ₹8.0 Lakhs to ₹14.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 35% more than the average Software Developer 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 Software Developer at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Software Developer at Muthoot Fincorp is 35% more than the average salary of a Software Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Fincorp to a Software Developer in India?

Capri Global Capital Software Developer Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year
LendingKart Software Developer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Bajaj Finance Software Developer Salary - ₹5.3 Lakhs to ₹14.0 Lakhs per year
Poonawalla Fincorp Software Developer Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
L&T Finance Software Developer Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Software Developer in companies similar to Muthoot Fincorp in India?

Edelweiss Software Developer Salary - ₹5.2 Lakhs to ₹16.0 Lakhs per year
Sammaan Capital Limited Software Developer Salary - ₹3.8 Lakhs to ₹9.1 Lakhs per year
Bharat Financial Inclusion Software Developer Salary - ₹4.8 Lakhs to ₹11.3 Lakhs per year
IIFL Finance Software Developer Salary - ₹3.4 Lakhs to ₹12.3 Lakhs per year
IDFC FIRST Bharat Software Developer Salary - ₹7.0 Lakhs to ₹8.5 Lakhs per year

What is the estimated take home salary of a Software Developer at Muthoot Fincorp in India?

The estimated take-home salary of a Software Developer at Muthoot Fincorp ranges between ₹76,224 per month to ₹78,199 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Software Developer salary in India which ranges between ₹8.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Software Developer at Muthoot Fincorp?

According to AmbitionBox, 67% of the Muthoot Fincorp Software Developers reported a notice period of 15 days or less, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Software Developer Salaries

Muthoot Fincorp Software Developer salary in India ranges between ₹8 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.