Muthoot Fincorp Surat Salaries by 10+ Employees

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BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Credit Officer 3 - 5 years exp. · Surat (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr
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Operations Officer 3 - 4 years exp. · Surat (3 salaries)	₹2.3 L/yr - ₹2.8 L/yr
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Senior Business Development Executive 0 - 4 years exp. · Surat (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
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Deputy Manager Band 2 13 years exp. · Surat (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Service Advisor 1 year exp. · Surat (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Legal Associate 4 years exp. · Surat (AmbitionBox Estimate)	₹1.6 L/yr - ₹2.1 L/yr
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Private Banker 1 year exp. · Surat (AmbitionBox Estimate)	₹1.3 L/yr - ₹1.7 L/yr
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Assistant Branch Incharge 10 years exp. · Surat (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Salary related reviews for Muthoot Fincorp

2.8

Rated by 12 employees for salary & benefits

Banker in Surat

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 27 Sep 2024

2.0

for Salary and Benefits

Likes

Timing is good..

Dislikes

Lowest Salary to another company.. Employee benefits is poor.. Paper work is so long then the customer were irritate and shouting above employee... System is slow and lengthy.. No support to employees for any situation... Leaves problem...

Salary - Poor

+3 more

Senior Internal Auditor in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 11 Apr 2025

1.0

for Salary and Benefits

Likes

Timely salary payment and Job stability. Paid salary during covid. Good Training Dept

Job security - Good

Dislikes

Poor salary, Hike and promotions, Never listen to Employees, No value to vintage employees. No recognition. No value to field level employees only listen managerial level. Inaccurate annual performance review.

Salary - Bad

+3 more

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 !

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Muthoot Fincorp interview questions by designations

Customer Service Executive (90)Branch Manager (79)Senior Customer Service Executive (37)Business Development Executive (26)

View all 505 interview experiences

Know more about Muthoot Fincorp Surat

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:

Credit Officer	₹1.9 Lakhs to ₹2.8 Lakhs per year
Operations Officer	₹2.3 Lakhs to ₹2.8 Lakhs per year
Senior Business Development Executive	₹2.4 Lakhs to ₹3 Lakhs per year
Deputy Manager Band 2	₹5.4 Lakhs to ₹6.9 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 ₹28.5 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 15 salaries submitted by Muthoot Fincorp employees. Muthoot Fincorp is rated 2.8 out of 5 stars by its employees on the salary and benefits parameter.

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

The salary of a fresher at Muthoot Fincorp in Surat typically ranges from ₹1.4 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 ₹3.3 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 , Surat is INR . Salary estimates are based on 10+ Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.