Muthoot Fincorp Software Development Engineer II Salaries by 4 Employees

1 - 6 years exp.

₹12 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

Fixed (93%)

₹18.6 Lakhs

Variable (7%)

₹1.4 Lakh

26% less than the average Software Development Engineer II Salary in NBFC Companies for 1 - 6 years of experience

Interested in this particular role? 1 job opening

Last Updated: 5 Apr 2024

Companies similar to Muthoot Fincorp for Software Development Engineer II

Company name	Avg Annual Salary	Open Jobs
LendingKart Software Development Engineer II Salary 4 - 7 years exp. (11 salaries)	₹12.6 L/yr - ₹23.5 L/yr 14% less
Amazon Software Development Engineer II Salary 2 - 9 years exp. (908 salaries)	₹22 L/yr - ₹93 L/yr 170% more	104 job openings
Login to view exact salary
Microsoft Corporation Software Development Engineer II Salary 2 - 11 years exp. (342 salaries)	₹20.3 L/yr - ₹72 L/yr 114% more
Flipkart Software Development Engineer II Salary 2 - 6 years exp. (269 salaries)	₹16 L/yr - ₹46.3 L/yr 59% more
Tesco Software Development Engineer II Salary 4 - 15 years exp. (220 salaries)	₹20.5 L/yr - ₹58 L/yr 119% more

Software Development Engineer II salary at Muthoot Fincorp ranges between ₹12 Lakhs to ₹40 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Software Development Engineer II salaries

Last Updated: 5 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
3 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
6 years (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr

Similar Designation salaries in Muthoot Fincorp

Software Development Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Software Developer Salary

(4 salaries)

₹8 L/yr - ₹18.5 L/yr

Software Engineer Salary

(5 salaries)

₹3 L/yr - ₹7.5 L/yr

Senior Software Engineer Salary

(4 salaries)

₹13 L/yr - ₹30 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Associate Consultant Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Salary related reviews for Muthoot Fincorp

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Fincorp Software Development Engineer II Salary FAQs

What is the salary of Software Development Engineer II at Muthoot Fincorp ?

The average salary of a Software Development Engineer II at Muthoot Fincorp in India typically ranges from ₹12.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Software Development Engineer II at Muthoot Fincorp earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Software Development Engineer II 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 Software Development Engineer II at Muthoot Fincorp in India?

The estimated take-home salary of a Software Development Engineer II at Muthoot Fincorp in India typically ranges from ₹1,31,753 to ₹1,36,574 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 Software Development Engineer II in India?

Amazon	₹22.0 Lakhs to ₹93.0 Lakhs per year
Tesco	₹20.5 Lakhs to ₹58.0 Lakhs per year
Microsoft Corporation	₹20.3 Lakhs to ₹72.0 Lakhs per year
Flipkart	₹16.0 Lakhs to ₹46.3 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 Software Development Engineer II in companies similar to Muthoot Fincorp in India?

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

LendingKart

₹12.6 Lakhs to ₹23.5 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 Software Development Engineer II at Muthoot Fincorp in India?

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

Experience	Average Salary Range
1 year	₹10.8 Lakhs to ₹13.8 Lakhs per year
3 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
4 years	₹12.6 Lakhs to ₹16.1 Lakhs per year
6 years	₹36.0 Lakhs to ₹46.0 Lakhs per year

and so on.

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Muthoot Fincorp Software Development Engineer II Salaries

Muthoot Fincorp Software Development Engineer II salary in India ranges between ₹12 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.