Muthoot Group State Head Salaries by 4 Employees (Updated 2025)

4 - 13 years exp.

₹4.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

53% less than the average State Head Salary in Financial Services Companies for 4 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations State Head Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Sales & Business Development State Head Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 24 Mar 2024

Companies similar to The Muthoot Group for State Head

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance State Head Salary 15 - 20 years exp. (5 salaries)	₹13.2 L/yr - ₹15 L/yr 84% more
Shriram Finance State Head Salary 12 - 23 years exp. (8 salaries)	₹13 L/yr - ₹22.2 L/yr 160% more
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Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 160% more
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ICICI Bank State Head Salary 1 - 18 years exp. (6 salaries)	₹12 L/yr - ₹25 L/yr 185% more
Axis Bank State Head Salary 11 - 19 years exp. (42 salaries)	₹9.2 L/yr - ₹28 L/yr 133% more
Kotak Mahindra Bank State Head Salary 9 - 20 years exp. (16 salaries)	₹10.2 L/yr - ₹19 L/yr 87% more
Tata Capital State Head Salary 11 - 23 years exp. (19 salaries)	₹8 L/yr - ₹25 L/yr 136% more	1 job opening
Aditya Birla Capital State Head Salary 9 - 12 years exp. (4 salaries)	₹6 L/yr - ₹19 L/yr 57% more
L&T Finance State Head Salary 9 - 21 years exp. (4 salaries)	₹8.5 L/yr - ₹25 L/yr 145% more
ICICI Securities State Head Salary 11 - 18 years exp. (14 salaries)	₹11.9 L/yr - ₹17 L/yr 106% more
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Cholamandalam Investment & Finance State Head Salary 11 - 18 years exp. (7 salaries)	₹13 L/yr - ₹25 L/yr 197% more
IDFC FIRST Bharat State Head Salary 8 - 18 years exp. (7 salaries)	₹9 L/yr - ₹17.3 L/yr 76% more
Bajaj Finserv State Head Salary 7 - 14 years exp. (5 salaries)	₹9.7 L/yr - ₹19 L/yr 92% more
Citicorp State Head Salary 15 - 18 years exp. (4 salaries)	₹15 L/yr - ₹22 L/yr 168% more
Motilal Oswal Financial Services State Head Salary 11 - 16 years exp. (3 salaries)	₹7.2 L/yr - ₹22 L/yr 111% more

State Head salary at The Muthoot Group ranges between ₹4.5 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of The Muthoot Group.

Experience wise Muthoot Group State Head salaries

Last Updated: 24 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
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6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.5 L/yr
9 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
10 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
11 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.6 L/yr
12 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.8 L/yr

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Salary related reviews for The Muthoot Group

1.0

Rated by 3 employees for salary & benefits

State Head in Hyderabad / Secunderabad

Sales Department

1.0

• posted on 05 Jan 2021

1.0

for Salary and Benefits

Likes

...remium for a covid plan to cover yourself and the plan is of the company itself. Salary was not paid in April, instead 80% of salary was credited as advance which will be collected back from you when you leave the company. Would never recommend someone to join Muthoot if you want to be treated like an employee rather than something else.

Dislikes

Salary - Bad
Job security - Bad

+2 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

Branch Manager in Tiptur

Sales & Business Development Department

2.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

Skill development - Poor

+4 more

Senior Sales Executive in Nellore

Sales & Business Development Department

5.0

• posted on 23 Jul 2020

5.0

for Salary and Benefits

Likes

...agement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good appricials are fair and they give good salary and bonus every year.

Salary - Excellent

+5 more

Dislikes

Nothing

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The Muthoot Group State Head Salary FAQs

What is the salary of State Head at Muthoot Group?

State Head salary at Muthoot Group in India ranges between ₹4.5 Lakhs to ₹10.0 Lakhs for experience between 4 years to 13 years. According to our estimates it is 53% less than the average State Head Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Group India.

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

The average salary of a State Head at Muthoot Group is 53% less than the average salary of a State Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Group to a State Head in India?

Cholamandalam Investment & Finance State Head Salary - ₹13.0 Lakhs to ₹25.0 Lakhs per year
ICICI Bank State Head Salary - ₹12.0 Lakhs to ₹25.0 Lakhs per year
Citicorp State Head Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
Bajaj Finance State Head Salary - ₹16.6 Lakhs to ₹23.5 Lakhs per year
Shriram Finance State Head Salary - ₹13.0 Lakhs to ₹22.2 Lakhs per year

What is the salary of a State Head in companies similar to Muthoot Group in India?

HDFC Bank State Head Salary - ₹9.0 Lakhs to ₹32.0 Lakhs per year
L&T Finance State Head Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
Tata Capital State Head Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
Axis Bank State Head Salary - ₹9.2 Lakhs to ₹28.0 Lakhs per year
Motilal Oswal Financial Services State Head Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year

What is the estimated take home salary of a State Head at Muthoot Group in India?

The estimated take-home salary of a State Head at Muthoot Group ranges between ₹55,437 per month to ₹56,824 per month in India. The take-home salary calculation is based on the average Muthoot Group State Head salary in India which ranges between ₹4.5 Lakhs to ₹10.0 Lakhs per year for employees with experience between 4 years to 13 years. Check how did we calculate take home salary?

What is the notice period for State Head at Muthoot Group?

According to AmbitionBox, 100% of the Muthoot Group State Heads reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Group State Head Salaries

The Muthoot Group State Head salary in India ranges between ₹4.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Muthoot Group latest salaries received from various employees of The Muthoot Group.