Muthoot Homefin India IT Associate Salaries by 6 Employees

0 - 9 years exp.

₹2.4 Lakhs - ₹3 Lakhs

Salary of majority employees

47% less than the average IT Associate Salary in Investment Banking / Venture Capital / Private Equity Companies for 0 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA IT Associate Salary Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr
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IT & Information Security IT Associate Salary 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Last Updated: 8 Aug 2024

Companies similar to Muthoot Homefin India for IT Associate

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance IT Associate Salary 2 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹4.5 L/yr 14% more
HDFC Bank IT Associate Salary 1 - 3 years exp. (4 salaries)	₹3.6 L/yr - ₹5 L/yr 72% more
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Verity Knowledge Solutions IT Associate Salary 1 - 5 years exp. (12 salaries)	₹5.3 L/yr - ₹8.3 L/yr 179% more
Cinépolis IT Associate Salary 0 - 6 years exp. (167 salaries)	₹1.8 L/yr - ₹4 L/yr 2% more
Daffodil Software IT Associate Salary 1 - 5 years exp. (156 salaries)	₹5 L/yr - ₹18 L/yr 287% more

IT Associate salary at Muthoot Homefin India ranges between ₹2.4 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Homefin India.

Experience wise Muthoot Homefin India IT Associate salaries

Last Updated: 8 Aug 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.6 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹4.8 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
8 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹4.9 L/yr
9 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.8 L/yr

View all

Similar Designation salaries in Muthoot Homefin India

Senior Associate Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

IT Executive Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

System Administrator Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Desktop Support Engineer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Homefin India

Collections Manager in Ahmedabad

BFSI, Investments & Trading Department

3.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Good Compensation & Owners ( Muthoot Family) of company.

Salary - Excellent

+1 more

Dislikes

Un-experience senior management. Most of them don't deserve a entry level position. They get these positions by using personal relationships not get on basis of their abilities or work experience.

Skill development - Bad

+2 more

Credit Executive in Mumbai

Home Loan Department

2.0

• posted on 21 Nov 2020

1.0

for Salary and Benefits

Likes

...e is balanced here except month end and JFM. Superior are good. (In my case). Gets salary on time.

Skill development - Good

Dislikes

Company management is focusing only on profits they have nothing to do with employees growth. HR functions is rediculous. Huge communication gap. Salary and other benefits for ofroll employees are like peanuts. Ofroll employees are barely get chance for onroll even after hard work.

Salary - Bad

+4 more

Cluster Manager - Sales in Indore

Finance & Accounting Department

1.0

• posted on 25 Jun 2020

1.0

for Salary and Benefits

Likes

...ovid- 19 company is not provide the support and call me to put your resignation. Nil support salary is also debited and As well as salary is not provide

Dislikes

Working, HR Policies is not good also not provide any facilities to employees. Salary not credit on time.

Salary - Bad

+6 more

Credit Officer in Bangalore / Bengaluru

BFSI, Investments & Trading Department

5.0

• posted on 20 May 2020

4.0

for Salary and Benefits

Likes

... it is given me excellent opportunity to learn and to acquire more knowledge. They supported in me for working at home and provided me salary during civid19 Lockdown.

Salary - Good

+6 more

Dislikes

Nothing

Legal Associate in Jaipur

Legal & Regulatory Department

4.0

• posted on 18 Aug 2018

1.0

for Salary and Benefits

Likes

I love the company's work culture. One can manage his social life as well as professional.

Work-life balance - Good

Dislikes

Poor HR policy. No bonus for back office support at Associate level. Poor Appraisal.No medical claims. No training for new employee. Very bad software and No I.T. Support for back up. No Internal growth.

Salary - Bad

+1 more

see more salary related reviews

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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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Muthoot Homefin India IT Associate Salary FAQs

What is the salary of IT Associate at Muthoot Homefin India ?

The average salary of a IT Associate at Muthoot Homefin India in India typically ranges from ₹2.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of IT Associate at Muthoot Homefin India earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. IT Associate Salaries at Muthoot Homefin India 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 6 Muthoot Homefin India employees in India.

What is the estimated take home salary of a IT Associate at Muthoot Homefin India in India?

The estimated take-home salary of a IT Associate at Muthoot Homefin India in India typically ranges from ₹18,627 to ₹20,311 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 6 salaries received from various employees of Muthoot Homefin India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Homefin India for IT Associate in India?

Daffodil Software	₹5.0 Lakhs to ₹18.0 Lakhs per year
Verity Knowledge Solutions	₹5.3 Lakhs to ₹8.3 Lakhs per year
HDFC Bank	₹3.6 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance	₹1.9 Lakhs to ₹4.5 Lakhs per year
Cinépolis	₹1.8 Lakhs to ₹4.0 Lakhs per year

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

How the salary growth look like for a IT Associate at Muthoot Homefin India in India?

The salary growth for a IT Associate at Muthoot Homefin India depends on factors such as experience, performance, and promotions. On average, a IT Associate can expect the following growth trajectory at Muthoot Homefin India:

Experience	Average Salary Range
Fresher	₹2.4 Lakhs to ₹4.6 Lakhs per year
1 year	₹2.3 Lakhs to ₹3.0 Lakhs per year
2 years	₹1.0 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year

and so on.

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Muthoot Homefin India IT Associate Salaries

Muthoot Homefin India IT Associate salary in India ranges between ₹2.4 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Homefin India latest salaries received from various employees of Muthoot Homefin India.