Muthoot Group Insurance Executive Salaries by 5 Employees (Updated 2025)

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 - 2 years exp. (10 salaries)	₹1 L/yr - ₹4.8 L/yr 22% more
Axis Bank Insurance Executive Salary 1 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹6 L/yr 90% more
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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 - 6 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 - 4 years exp. (4 salaries)	₹2.7 L/yr - ₹4.5 L/yr 77% more
HSBC Group Insurance Executive Salary 1 - 6 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 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

Sales Executive Salary

(15 salaries)

₹1.9 L/yr - ₹2.55 L/yr

MIS Executive Salary

(5 salaries)

₹2 L/yr - ₹2.7 L/yr

Back Office Executive Salary

(3 salaries)

₹2.8 L/yr - ₹3.5 L/yr

Operations Executive Salary

(21 salaries)

₹1.65 L/yr - ₹3.3 L/yr

Customer Care Executive Salary

(67 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Customer Service Executive Salary

(14 salaries)

₹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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The Muthoot Group Insurance Executive Salary FAQs

What is the salary of Insurance Executive at Muthoot Group?

Insurance Executive salary at Muthoot Group in India ranges between ₹2.0 Lakhs to ₹2.2 Lakhs for experience between 1 years to 4 years. According to our estimates it is 19% less than the average Insurance Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Group India.

How does the salary of a Insurance Executive at Muthoot Group India compare with the average salary range for this job?

The average salary of a Insurance Executive at Muthoot Group is 19% less than the average salary of a Insurance Executive in India. To know exact salary insights, login to view.

What are the top skills required to work as a Insurance Executive at Muthoot Group?

Sales, Insurance, Interviewing, Banking and Customer Service are some of the popular skills required to work as a Insurance Executive at Muthoot Group India.

Which similar companies are paying more than Muthoot Group to a Insurance Executive in India?

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

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

HDFC Sales Insurance Executive Salary - ₹2.0 Lakhs to ₹2.6 Lakhs per year
Bajaj Finserv Insurance Executive Salary - ₹1.4 Lakhs to ₹2.8 Lakhs per year
Kotak Mahindra Bank Insurance Executive Salary - ₹1.2 Lakhs to ₹2.7 Lakhs per year

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

The estimated take-home salary of a Insurance Executive at Muthoot Group ranges between ₹14,302 per month to ₹15,809 per month in India. The take-home salary calculation is based on the average Muthoot Group Insurance Executive salary in India which ranges between ₹2.0 Lakhs to ₹2.2 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Insurance Executive at Muthoot Group?

According to AmbitionBox, 100% of the Muthoot Group Insurance Executives reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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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.