Muthoot Fincorp Vice President Salaries by 5 Employees (Updated 2025)

14 - 21 years exp.

₹36 Lakhs - ₹61 Lakhs

Low Confidence

Salary of majority employees

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5% less than the average Vice President Salary in NBFC Companies for 14 - 21 years of experience

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Last Updated: 26 Aug 2024

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Vice President salary at Muthoot Fincorp ranges between ₹36 Lakhs to ₹61 Lakhs per year for employees with experience between 14 years to 21 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Vice President salaries

Last Updated: 26 Aug 2024

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	Unlock ₹22.8 L/yr - ₹61 L/yr
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15+ years (4 salaries)	Unlock ₹36 L/yr - ₹46 L/yr

Similar Designation salaries in Muthoot Fincorp

Senior Vice President Salary

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₹55.1 L/yr - ₹60.9 L/yr

Associate Vice President Salary

(6 salaries)

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₹14.11 L/yr - ₹30 L/yr

Assistant Vice President Salary

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₹18 L/yr - ₹23 L/yr

Director Salary

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₹59.4 L/yr - ₹65.6 L/yr

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Branch Manager Salary

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₹1.25 L/yr - ₹6.35 L/yr

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Salary related reviews for Muthoot Fincorp

4.0

Rated by 1 employees for salary & benefits

Branch Manager in Agra

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 22 Nov 2024

3.0

for Salary and Benefits

Likes

Fix office timing and supportive staff

Skill development - Good

+1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

Deputy Branch Manager in Thiruvananthapuram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 20 Nov 2024

2.0

for Salary and Benefits

Likes

Proud of being an employee of MFL since 1996.Job security, correct salary payment,freedom for selecting our own candidates etc are appreciable things

Skill development - Excellent

+2 more

Dislikes

Salary package not satisfactory. Muthoot Fincorp experience is very much valued by other NBSCs.But within the organisation it is not so.Basic Pay should be increased, then only we get some amount at the time of retirement. Minimum wages should be increased, then we can reduce labour turnover to a certain limit. Salary package should be restructured based on service first and then give increments based on performance. Service based employees meeting with higher authorities once in a year is not seen in our organisation. If so it is much valued.

Salary - Poor

Branch Manager in Patna

Full Time

Sales & Business Development Department

4.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

Salary - Good

+6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 07 Nov 2024

2.0

for Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

Skill development - Excellent

+4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

Salary - Poor

Branch Manager in Sulur

Full Time

Other Department

4.0

• posted on 02 Sep 2024

4.0

for Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

Salary - Good

+6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Fincorp Vice President Salary FAQs

What is the salary of Vice President at Muthoot Fincorp?

Vice President salary at Muthoot Fincorp in India ranges between ₹36.0 Lakhs to ₹61.0 Lakhs for experience between 14 years to 21 years. According to our estimates it is 5% less than the average Vice President Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Vice President at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Vice President at Muthoot Fincorp is 5% less than the average salary of a Vice President in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Fincorp to a Vice President in India?

Tata Capital Vice President Salary - ₹36.0 Lakhs to ₹90.0 Lakhs per year
Poonawalla Fincorp Vice President Salary - ₹33.0 Lakhs to ₹94.0 Lakhs per year
Sammaan Capital Limited Vice President Salary - ₹45.4 Lakhs to ₹76.0 Lakhs per year
Bharat Financial Inclusion Vice President Salary - ₹38.0 Lakhs to ₹54.0 Lakhs per year
Reliance Capital Vice President Salary - ₹30.0 Lakhs to ₹75.0 Lakhs per year

What is the salary of a Vice President in companies similar to Muthoot Fincorp in India?

Mahindra Finance Vice President Salary - ₹34.0 Lakhs to ₹50.0 Lakhs per year
Capri Global Capital Vice President Salary - ₹28.0 Lakhs to ₹60.0 Lakhs per year
Satin Creditcare Network Vice President Salary - ₹33.0 Lakhs to ₹55.0 Lakhs per year
HDB Financial Services Vice President Salary - ₹35.0 Lakhs to ₹50.0 Lakhs per year
Aavas Financiers Vice President Salary - ₹25.5 Lakhs to ₹60.0 Lakhs per year

What is the estimated take home salary of a Vice President at Muthoot Fincorp in India?

The estimated take-home salary of a Vice President at Muthoot Fincorp ranges between ₹2,67,497 per month to ₹2,78,455 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Vice President salary in India which ranges between ₹36.0 Lakhs to ₹61.0 Lakhs per year for employees with experience between 14 years to 21 years. Check how did we calculate take home salary?

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Muthoot Fincorp Vice President Salaries

Muthoot Fincorp Vice President salary in India ranges between ₹36 Lakhs to ₹61 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

Muthoot Fincorp Vice President salaries in India

Companies similar to Muthoot Fincorp for Vice President

Latest annual salaries shared by Muthoot Fincorp Vice President

Experience wise Muthoot Fincorp Vice President salaries

Similar Designation salaries in Muthoot Fincorp

Salary related reviews for Muthoot Fincorp

Branch Manager in Agra

Deputy Branch Manager in Thiruvananthapuram

Branch Manager in Patna

Branch Manager in New Delhi

Branch Manager in Sulur

Muthoot Fincorp Vice President Salary FAQs

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Muthoot Fincorp Vice President Salaries by Location