The Muthoot Group Software Engineer Salaries by 8 Employees

3 - 8 years exp.

₹4.4 Lakhs - ₹10.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

20% less than the average Software Engineer Salary in Financial Services Companies for 3 - 8 years of experience

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Last Updated: 14 Oct 2024

Companies similar to The Muthoot Group for Software Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer Salary 0 - 12 years exp. (2.6k salaries)	₹10.7 L/yr - ₹35 L/yr 265% more	17 job openings
Wells Fargo Software Engineer Salary 1 - 10 years exp. (1.7k salaries)	₹7.7 L/yr - ₹32 L/yr 181% more	10 job openings
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HSBC Group Software Engineer Salary 0 - 6 years exp. (1.4k salaries)	₹5 L/yr - ₹14.5 L/yr 45% more	2 job openings
UBS Software Engineer Salary 1 - 8 years exp. (349 salaries)	₹8 L/yr - ₹29.6 L/yr 171% more	2 job openings
BNP Paribas Software Engineer Salary 1 - 5 years exp. (315 salaries)	₹4.5 L/yr - ₹14 L/yr 31% more
TSYS\|Total System Services Software Engineer Salary 2 - 6 years exp. (289 salaries)	₹7 L/yr - ₹23 L/yr 103% more
Bajaj Finserv Software Engineer Salary 0 - 5 years exp. (253 salaries)	₹4.4 L/yr - ₹16 L/yr 45% more
Citicorp Software Engineer Salary 1 - 8 years exp. (252 salaries)	₹10.6 L/yr - ₹31.5 L/yr 209% more
American Express Software Engineer Salary 1 - 8 years exp. (191 salaries)	₹11.4 L/yr - ₹38.7 L/yr 245% more
Morgan Stanley Software Engineer Salary 1 - 6 years exp. (184 salaries)	₹9 L/yr - ₹34.7 L/yr 193% more
BNY Software Engineer Salary 1 - 10 years exp. (103 salaries)	₹15.2 L/yr - ₹26.9 L/yr 149% more
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Marsh McLennan Software Engineer Salary 1 - 6 years exp. (93 salaries)	₹3.8 L/yr - ₹11.5 L/yr 16% more
Aditya Birla Capital Software Engineer Salary 0 - 6 years exp. (43 salaries)	₹3 L/yr - ₹13 L/yr 7% more
Aon Software Engineer Salary 1 - 5 years exp. (36 salaries)	₹6 L/yr - ₹15.6 L/yr 30% more
State Street Corporation Software Engineer Salary 0 - 9 years exp. (19 salaries)	₹5 L/yr - ₹14.2 L/yr 57% more
Bajaj Capital Software Engineer Salary 0 - 7 years exp. (15 salaries)	₹3.3 L/yr - ₹6.4 L/yr 44% less
ICICI Securities Software Engineer Salary 0 - 3 years exp. (12 salaries)	₹8.2 L/yr - ₹16.5 L/yr 90% more
Cholamandalam Investment & Finance Software Engineer Salary 1 - 4 years exp. (12 salaries)	₹2.5 L/yr - ₹6 L/yr 47% less
Bnp Paribas Securities Software Engineer Salary 2 - 4 years exp. (9 salaries)	₹5.2 L/yr - ₹11 L/yr 6% more
Motilal Oswal Financial Services Software Engineer Salary 1 - 5 years exp. (8 salaries)	₹5.5 L/yr - ₹13.5 L/yr 85% more

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Software Engineer salary at The Muthoot Group ranges between ₹4.4 Lakhs to ₹10.3 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Software Engineer salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
3 years (4 salaries)	₹4.4 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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5 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
6 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr

View all

Similar Designation salaries in The Muthoot Group

System Engineer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Senior Software Engineer Salary

(3 salaries)

₹10.3 L/yr - ₹11 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹10.8 L/yr - ₹13.8 L/yr

Software Developer Salary

(3 salaries)

₹2 L/yr - ₹6 L/yr

Java Developer Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Team Lead Salary

(7 salaries)

₹2.05 L/yr - ₹4 L/yr

Programmer Analyst Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Application Developer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Salary related reviews for The Muthoot Group

Business Process Associate in Chennaraopet

Full Time

Other Department

4.0

• posted on 06 Nov 2024

1.0

for Salary and Benefits

Likes

Work Culture and environment are good. Employees are interactive without any personal dislikes. The team I'm working with is so supportive in type of works. I have developed certain skills after joining here.

Skill development - Good

+4 more

Dislikes

The salary am paid with is very less compared with my job role and other freshers. When I joined as a fresher this salary was enough for me and now I'm here for more than a year but still no enough increment in salary.

Salary - Bad

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

Accounts Associate in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

Salary on time.

Dislikes

No work life balance, late sitting, unnecessary pressure, 2 years employment bond, job with financial risks, rupe behaving seniors, no professionalism, no diversity support, office politics, there is no timings to go home after the shift over, you cannot late a minute to report your duties if you do even 1 minute late your half day salary will be gone, very less salary, discrimination, no good appraisals, it is like a lala ki dukan, no staff security, staff can be beaten and threatened by the customers, at the time of interview the roles and responsibilities are different but after joining and signing 2 years of bond everything gets change, they do not follow labour laws at many times, they take more than 90days to complete your FNF settlement, they provide your relieving and exp letter after 90days from your last working day, no employee engagement activities are performed, a person is working since 7 years but he only reached at 45k/month, unsupportive company, unsupportive upper management, sometimes colleagues are also unsupportive, they give CL/EL to employees but not approve the same at many times. There are many things I can still write here.

Salary - Bad

+5 more

Branch Manager in Gadarwara

Full Time

Finance & Accounting Department

2.0

• posted on 28 Jan 2025

1.0

for Salary and Benefits

Likes

Skill development - Good
Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

Salary - Bad

+3 more

Branch Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Job security and staffs

Skill development - Good

+2 more

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

Promotions - Poor

+1 more

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

88 participants . expiring in 2d

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The Muthoot Group Software Engineer Salary FAQs

What is the salary of Software Engineer at The Muthoot Group ?

The average salary of a Software Engineer at The Muthoot Group in India typically ranges from ₹4.4 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Software Engineer at The Muthoot Group earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. Software Engineer 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 8 The Muthoot Group employees in India.

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

The estimated take-home salary of a Software Engineer at The Muthoot Group in India typically ranges from ₹52,034 to ₹53,261 per month. This is based on the average salary range of ₹4.4 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 3 years to 8 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 8 salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than The Muthoot Group for Software Engineer in India?

JPMorgan Chase & Co.	₹10.7 Lakhs to ₹35.0 Lakhs per year
American Express	₹11.4 Lakhs to ₹38.7 Lakhs per year
Citicorp	₹10.6 Lakhs to ₹31.5 Lakhs per year
Morgan Stanley	₹9.0 Lakhs to ₹34.7 Lakhs per year
Wells Fargo	₹7.7 Lakhs to ₹32.0 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 Software Engineer in companies similar to The Muthoot Group in India?

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

UBS	₹8.0 Lakhs to ₹29.6 Lakhs per year
BNY	₹15.2 Lakhs to ₹26.9 Lakhs per year
TSYS\|Total System Services	₹7.0 Lakhs to ₹23.0 Lakhs per year
ICICI Securities	₹8.2 Lakhs to ₹16.5 Lakhs per year
Motilal Oswal Financial Services	₹5.5 Lakhs to ₹13.5 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 Software Engineer at The Muthoot Group in India?

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

Experience	Average Salary Range
3 years	₹4.4 Lakhs to ₹5.2 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
5 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
6 years	₹6.5 Lakhs to ₹8.2 Lakhs per year

and so on.

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The Muthoot Group Software Engineer Salaries

The Muthoot Group Software Engineer salary in India ranges between ₹4.4 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 The Muthoot Group latest salaries received from various employees of The Muthoot Group.