Muthoot Fincorp Software Engineer Salaries by 5 Employees

2 - 6 years exp.

₹3 Lakhs - ₹7.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (83%)

₹4.3 Lakhs

Variable (17%)

₹0.9 Lakh

39% less than the average Software Engineer Salary in NBFC Companies for 2 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Software Engineer Salary 2 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.5 L/yr
Login to view exact salary
IT & Information Security Software Engineer Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 8 Dec 2024

Companies similar to Muthoot Fincorp for Software Engineer

Company name	Avg Annual Salary	Open Jobs
TCS Software Engineer Salary 0 - 8 years exp. (23.3k salaries)	₹3 L/yr - ₹11.4 L/yr 39% more
Infosys Software Engineer Salary 0 - 6 years exp. (5.7k salaries)	₹2.9 L/yr - ₹10.9 L/yr 30% more
Login to view exact salary
Wipro Software Engineer Salary 0 - 8 years exp. (14k salaries)	₹2 L/yr - ₹15.8 L/yr 61% more	9 job openings
HCLTech Software Engineer Salary 0 - 6 years exp. (23.5k salaries)	₹1.7 L/yr - ₹8 L/yr 11% less
Tech Mahindra Software Engineer Salary 0 - 7 years exp. (26.3k salaries)	₹2 L/yr - ₹9.3 L/yr 14% more	13 job openings
Cognizant Software Engineer Salary 0 - 7 years exp. (16.2k salaries)	₹2 L/yr - ₹14.7 L/yr 53% more
Accenture Software Engineer Salary 0 - 8 years exp. (17.3k salaries)	₹3.6 L/yr - ₹13.1 L/yr 61% more
Capgemini Software Engineer Salary 0 - 7 years exp. (18.7k salaries)	₹1.8 L/yr - ₹10.8 L/yr 16% more	88 job openings
IBM Software Engineer Salary 0 - 9 years exp. (5.5k salaries)	₹5.5 L/yr - ₹22.3 L/yr 139% more
Bajaj Finance Software Engineer Salary 0 - 3 years exp. (82 salaries)	₹4.8 L/yr - ₹15 L/yr 127% more	3 job openings
Sammaan Capital Limited Software Engineer Salary 0 - 8 years exp. (47 salaries)	₹2 L/yr - ₹9 L/yr 13% more
Login to view exact salary
Bharat Financial Inclusion Software Engineer Salary 1 - 4 years exp. (29 salaries)	₹4 L/yr - ₹6.8 L/yr 6% less
Edelweiss Software Engineer Salary 1 - 7 years exp. (23 salaries)	₹4.2 L/yr - ₹16.2 L/yr 80% more
TVS Credit Software Engineer Salary 1 - 7 years exp. (17 salaries)	₹4.8 L/yr - ₹10 L/yr 38% more
SMFG India Credit Software Engineer Salary 1 - 7 years exp. (20 salaries)	₹6.7 L/yr - ₹15.1 L/yr 80% more
Sundaram Finance Software Engineer Salary 0 - 4 years exp. (23 salaries)	₹4.8 L/yr - ₹7 L/yr 12% more
L&T Finance Software Engineer Salary 0 - 5 years exp. (19 salaries)	₹4.2 L/yr - ₹10.8 L/yr 43% more
Capri Global Capital Software Engineer Salary 0 - 4 years exp. (15 salaries)	₹10 L/yr - ₹26 L/yr 284% more
IIFL Finance Software Engineer Salary 0 - 6 years exp. (14 salaries)	₹5.5 L/yr - ₹22 L/yr 153% more
HDB Financial Services Software Engineer Salary 1 - 4 years exp. (14 salaries)	₹2 L/yr - ₹10.4 L/yr 5% more

View all

Software Engineer salary at Muthoot Fincorp ranges between ₹3 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Software Engineer salaries

Last Updated: 8 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹7 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.5 L/yr
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹7.5 L/yr

Similar Designation salaries in Muthoot Fincorp

Senior Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

System Engineer Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Senior Software Engineer Salary

(4 salaries)

₹13 L/yr - ₹30 L/yr

Software Developer Salary

(4 salaries)

₹8 L/yr - ₹18.5 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Software Development Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹27 L/yr - ₹34.5 L/yr

Team Lead Salary

(5 salaries)

₹2.2 L/yr - ₹3.34 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Top skills at Muthoot Fincorp for Software Engineer

Web Services API SOAP UI ASP.Net Data Structures Coding ASP.Net MVC Stored Procedures Database Design System Design Web Technologies .Net MS SQL MVC Architecture Java

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

Got a question about Muthoot Fincorp?

Ask anonymously on communities.

Muthoot Fincorp Software Engineer Salary FAQs

What is the salary of Software Engineer at Muthoot Fincorp ?

The average salary of a Software Engineer at Muthoot Fincorp in India typically ranges from ₹3.0 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Software Engineer at Muthoot Fincorp earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Software Engineer 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 5 Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Software Engineer at Muthoot Fincorp in India typically ranges from ₹38,809 to ₹39,991 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years 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 5 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer at Muthoot Fincorp ?

To be a Software Engineer at Muthoot Fincorp in india, the key skills required include:

- Web Services
- API
- SOAP UI
- ASP.Net
- Data Structures

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Fincorp for Software Engineer in India?

CreditAccess Grameen	₹17.7 Lakhs to ₹35.3 Lakhs per year
Capri Global Capital	₹10.0 Lakhs to ₹26.0 Lakhs per year
IIFL Finance	₹5.5 Lakhs to ₹22.0 Lakhs per year
IBM	₹5.5 Lakhs to ₹22.3 Lakhs per year
Bajaj Finance	₹4.8 Lakhs to ₹15.0 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 Engineer in companies similar to Muthoot Fincorp in India?

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

SMFG India Credit	₹6.7 Lakhs to ₹15.1 Lakhs per year
Edelweiss	₹4.2 Lakhs to ₹16.2 Lakhs per year
Muthoot Microfin	₹2.9 Lakhs to ₹17.5 Lakhs per year
Spandana Sphoorty Financial	₹6.0 Lakhs to ₹11.5 Lakhs per year
Wipro	₹2.0 Lakhs to ₹15.8 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 Engineer at Muthoot Fincorp in India?

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

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹4.3 Lakhs per year
3 years	₹3.0 Lakhs to ₹7.0 Lakhs per year
4 years	₹4.6 Lakhs to ₹5.9 Lakhs per year
5 years	₹2.5 Lakhs to ₹7.5 Lakhs per year

and so on.

Tell us how to improve this page.

Muthoot Fincorp Software Engineer Salaries by Location

Home >
Salaries >
Muthoot Fincorp Salaries >
Muthoot Fincorp Software Engineer Salaries

Muthoot Fincorp Software Engineer salary in India ranges between ₹3 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.