The Muthoot Group Insurance Executive Salaries by 5 Employees

1 - 4 years exp.

₹2 Lakhs - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

19% less than the average Insurance Executive Salary in Financial Services Companies for 1 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Insurance Executive Salary 3 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
Customer Success, Service & Operations Insurance Executive Salary 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.3 L/yr
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Finance & Accounting Insurance Executive Salary 4 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr

Last Updated: 13 Mar 2023

Companies similar to The Muthoot Group for Insurance Executive

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Insurance Executive Salary 0 - 3 years exp. (10 salaries)	₹1 L/yr - ₹4.8 L/yr 37% more
Axis Bank Insurance Executive Salary 1 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 90% more
Login to view exact salary
Kotak Mahindra Bank Insurance Executive Salary 0 - 4 years exp. (4 salaries)	₹1.2 L/yr - ₹2.7 L/yr 8% less
Aditya Birla Capital Insurance Executive Salary 0 - 7 years exp. (4 salaries)	₹3.3 L/yr - ₹3.8 L/yr 69% more
Bajaj Finserv Insurance Executive Salary 0 - 1 year exp. (6 salaries)	₹1.4 L/yr - ₹2.8 L/yr 8% more
HDFC Sales Insurance Executive Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹2.6 L/yr 8% more
Bajaj Capital Insurance Executive Salary 0 - 5 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 77% more
HSBC Group Insurance Executive Salary 1 - 7 years exp. (4 salaries)	₹4.5 L/yr - ₹6.1 L/yr 153% more

Insurance Executive salary at The Muthoot Group ranges between ₹2 Lakhs to ₹2.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Insurance Executive salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.6 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.1 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.2 L/yr
4 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.2 L/yr

Similar Designation salaries in The Muthoot Group

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MIS Executive Salary

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₹2 L/yr - ₹2.7 L/yr

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(3 salaries)

₹2.8 L/yr - ₹3.5 L/yr

Operations Executive Salary

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₹1.55 L/yr - ₹3.3 L/yr

Customer Care Executive Salary

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₹1.15 L/yr - ₹3.5 L/yr

Customer Service Executive Salary

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₹1.2 L/yr - ₹4 L/yr

Customer Support Executive Salary

(3 salaries)

₹2 L/yr - ₹3.5 L/yr

Office Assistant Salary

(7 salaries)

₹1 L/yr - ₹3 L/yr

Data Entry Operator Salary

(7 salaries)

₹1.2 L/yr - ₹2.8 L/yr

Team Lead Salary

(7 salaries)

₹2.05 L/yr - ₹4 L/yr

Top skills at The Muthoot Group for Insurance Executive

Sales Insurance Interviewing Banking Customer Service Life Insurance Bancassurance Health Insurance banca sales Channel Sales Insurance Bancassurance Sales Customer Service Insurance Sales

Salary related reviews for The Muthoot Group

4.8

Rated by 3 employees for salary & benefits

Operations Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

In customer angle, company is best brand among others. Products are good.

Job security - Good

Dislikes

HR cannot do independently in their best practice as per industry. Less salary industry. Old branch Offices are its still old and not renovations; and opening new offices. Even though advanced technology are implementing the systems and peripherals are old. Etc, etc.

Salary - Poor

+4 more

Customer Care Executive in New Delhi

SALES Department

5.0

• posted on 06 Nov 2021

4.0

for Salary and Benefits

Likes

...to employees and Customers which is good Upper management is Nice and helpful Ethical towards salary, bonuses and incentives Social Status Time to time training and grooming

Salary - Good

+1 more

Dislikes

Middle level management suppress employee from sharing their problems and views Pressure of Targets

Promotions - Bad

+1 more

Customer Care Executive in Guwahati

Finance & Accounting Department

1.0

• posted on 13 Dec 2021

1.0

for Salary and Benefits

Likes

The only good thing about this organisation is they pay salary on time. Branch staff are good with each other, they were like my family members

Skill development - Excellent

Dislikes

Seriously there is a lot of politics. You can't even stand a chance there. CCE's are treated like some kind of school girl, who can't speak anything at her own which is totally unfair. Salary is good but career growth is 0 for CCE's. So please do some research before joining there

Salary - Bad

+5 more

Customer Care Executive in Mirzapur Uttar Pradesh

BFSI, Investments & Trading Department

5.0

• posted on 30 Aug 2020

5.0

for Salary and Benefits

Likes

...demic I realized that It's not only about customers it's also about staffs too .Company is taking care of all our safety during pandemic, not even cut any of amount of our salary. They think about as their family members that's is loving thing working in this organization.

Salary - Excellent

+6 more

Dislikes

Nothing is as I should dislike

Customer Care Executive in Kolkata

Customer Success, Service & Operations Department

2.0

• posted on 02 Sep 2021

2.0

for Salary and Benefits

Likes

Former employee at muthoot finance ltd...such a horrible place.if u have no others options then plz join there otherwise please don't go.police jail/sail is better than there work place.. maximum time they will open Sunday also..

Dislikes

Management are busy with there lots of politics ,career growth,salary everything thing.this company is south base company management also support who are south indian similarly who came Cristian religion..don't join here..

Salary - Poor

+6 more

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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The Muthoot Group Insurance Executive Salary FAQs

What is the salary of Insurance Executive at The Muthoot Group ?

The average salary of a Insurance Executive at The Muthoot Group in India typically ranges from ₹2.0 Lakhs to ₹2.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Insurance Executive at The Muthoot Group earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Insurance Executive Salaries at The Muthoot Group 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 The Muthoot Group employees in India.

What is the estimated take home salary of a Insurance Executive at The Muthoot Group in India?

The estimated take-home salary of a Insurance Executive at The Muthoot Group in India typically ranges from ₹14,302 to ₹15,809 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.2 Lakhs per year for employees with experience ranging from 1 year to 4 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 The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Insurance Executive at The Muthoot Group ?

To be a Insurance Executive at The Muthoot Group in india, the key skills required include:

- Sales
- Insurance
- Interviewing
- Banking
- Customer Service

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

Which companies offer higher salaries than The Muthoot Group for Insurance Executive in India?

HSBC Group	₹4.5 Lakhs to ₹6.1 Lakhs per year
Axis Bank	₹1.8 Lakhs to ₹6.0 Lakhs per year
Bajaj Capital	₹2.7 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Capital	₹3.3 Lakhs to ₹3.8 Lakhs per year
HDFC Bank	₹1.0 Lakhs to ₹4.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.

What is the salary of a Insurance Executive in companies similar to The Muthoot Group in India?

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

HDFC Sales	₹2.0 Lakhs to ₹2.6 Lakhs per year
Bajaj Finserv	₹1.4 Lakhs to ₹2.8 Lakhs per year
Kotak Mahindra Bank	₹1.2 Lakhs to ₹2.7 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 Insurance Executive at The Muthoot Group in India?

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

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹3.6 Lakhs per year
2 years	₹0.8 Lakhs to ₹2.1 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.2 Lakhs per year
4 years	₹0.9 Lakhs to ₹2.2 Lakhs per year

and so on.

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The Muthoot Group Insurance Executive Salaries

The Muthoot Group Insurance Executive salary in India ranges between ₹2 Lakhs to ₹2.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 The Muthoot Group latest salaries received from various employees of The Muthoot Group.