Muthoot Fincorp Solapur Salaries by 10+ Employees

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Finance & Accounting Sales & Business Development

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 8 - 9 years exp. · Solapur (AmbitionBox Estimate)	₹4.8 L/yr - ₹5.4 L/yr
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Manager M1 9 years exp. · Solapur (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
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Senior Internal Auditor 7 - 8 years exp. · Solapur (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.2 L/yr
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Area Sales Manager 12 - 13 years exp. · Solapur (AmbitionBox Estimate)	₹6.5 L/yr - ₹9.3 L/yr
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Area Manager 16 - 18 years exp. · Solapur (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.8 L/yr
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Senior Area Sales Manager 14 years exp. · Solapur (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr
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Recovery Officer 3 years exp. · Solapur (AmbitionBox Estimate)	₹1 L/yr - ₹1.3 L/yr
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Chief Manager 1 9 years exp. · Solapur (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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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.

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Salary related reviews for Muthoot Fincorp

3.8

Rated by 13 employees for salary & benefits

State Legal Manager in Lucknow

Full Time

Legal & Regulatory Department

3.0

• posted on 11 Feb 2025

2.0

for Salary and Benefits

Likes

Job security

Skill development - Excellent

+2 more

Dislikes

No support or respect for support verticles. Salary will be the lowest as per the market standard or industry. Had to report office at sharp 9:30 AM morning and late night sittings. No week off in last 10 days of months. you have to work on Sundays also.

Salary - Poor

+1 more

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

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Muthoot Fincorp interview questions by designations

Customer Service Executive (88)Branch Manager (79)Senior Customer Service Executive (37)Business Development Executive (22)

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Know more about Muthoot Fincorp Solapur

Muthoot Fincorp Salary FAQs

How much does Muthoot Fincorp pay to its employees?

The average annual salary at Muthoot Fincorp varies depending on the role, experience, and location. The salary ranges for some popular designations at Muthoot Fincorp, are as follows:

Deputy Manager	₹4.8 Lakhs to ₹5.4 Lakhs per year
Manager M1	₹5 Lakhs to ₹6.3 Lakhs per year
Senior Internal Auditor	₹2.7 Lakhs to ₹3.2 Lakhs per year
Area Sales Manager	₹6.5 Lakhs to ₹9.3 Lakhs per year

The highest-paying role, Vice President, earns between ₹36 Lakhs to ₹61 Lakhs per year. The top 10% of employees earn more than ₹7 Lakhs per year, and the top 1% earn over ₹29 Lakhs per year. 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 salary estimates are based on data from 14 salaries submitted by Muthoot Fincorp employees. Muthoot Fincorp is rated 3.8 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Muthoot Fincorp in Solapur?

The salary of a fresher at Muthoot Fincorp in Solapur typically ranges from ₹1.6 Lakh to ₹3 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Customer Service Executive Salary	₹1 Lakhs to ₹3 Lakhs per year
Fresher as a Business Development Executive Salary	₹1.4 Lakhs to ₹2.6 Lakhs per year
Fresher as a Relationship Officer Salary	₹1.4 Lakhs to ₹3.5 Lakhs per year
Fresher as a Joint Custodian Salary	₹1.1 Lakhs to ₹2.4 Lakhs per year

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Average annual salary in Muthoot Fincorp , Solapur is INR . Salary estimates are based on 14 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.