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Muthoot Mercantile Salaries in India

based on 497 latest salaries
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Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
4 - 14 years exp. (94 salaries)
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₹2.2 L/yr - ₹4.8 L/yr

0 - 4 years exp. (47 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

3 - 8 years exp. (27 salaries)
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₹2.1 L/yr - ₹3.5 L/yr

1 - 8 years exp. (27 salaries)
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₹1 L/yr - ₹2.8 L/yr

Starting your career? Discover Muthoot Mercantile fresher salaries in India
6 - 14 years exp. (19 salaries)
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₹3.6 L/yr - ₹5 L/yr

0 - 6 years exp. (8 salaries)
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₹2 L/yr - ₹4 L/yr

10 - 20 years exp. (8 salaries)
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₹6.6 L/yr - ₹12 L/yr

2 - 9 years exp. (7 salaries)
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₹1.8 L/yr - ₹2.5 L/yr

0 - 4 years exp. (7 salaries)
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₹1.5 L/yr - ₹2.1 L/yr

11 - 15 years exp. (6 salaries)
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₹5 L/yr - ₹6.3 L/yr

1 - 3 years exp. (6 salaries)
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₹1 L/yr - ₹2.4 L/yr

3 - 5 years exp. (5 salaries)
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₹2.5 L/yr - ₹3.3 L/yr

2 - 4 years exp. (5 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

2 - 5 years exp. (5 salaries)
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₹2.2 L/yr - ₹2.3 L/yr

2 - 6 years exp. (5 salaries)
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₹2 L/yr - ₹3 L/yr

2 - 5 years exp. (5 salaries)
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₹1.8 L/yr - ₹2.3 L/yr

4 - 13 years exp. (4 salaries)
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₹2.7 L/yr - ₹4.1 L/yr

2 - 3 years exp. (4 salaries)
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₹0.7 L/yr - ₹2.4 L/yr

0 - 2 years exp. (4 salaries)
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₹2 L/yr - ₹5 L/yr

1 - 3 years exp. (4 salaries)
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₹1.7 L/yr - ₹2.2 L/yr

Last Updated: 18 Dec, 2024

Salary related reviews for Muthoot Mercantile

3.2

Rated by 126 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 31 Jul 2024

1.0
 for  Salary and Benefits

Likes

As soon as possible muthoot mercantile should be closed

Dislikes

Salary not proper,salary slip not get,management worst people,HR not responsible,salary not get time..muthoot mercantile branch plz visit u feel ur come to govt death hospital room,TA/DA not proper..whenever visit to staff plz watch them face..sad & nervous..don't join muthoot mercantile.plz join swiggy,zomato better then muthoot mercantile

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Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 13 Mar 2024

1.0
 for  Salary and Benefits

Likes

No thing, everything is Worst

Dislikes

Bad experience, No PF deduction, Every month Salary God deduction without any reason and eny explanation, No Job security, Company not have any Ethics and rules like Corporate, Worst experience of my life.

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 25 Aug 2023

1.0
 for  Salary and Benefits

Likes

Nothing good about this FAKE company

Dislikes

... of Muthoot Finance and Fincorp by Lying to customers as they are not the same . They don't even stationary budget staff have to pay for it . AC have timers from KERALA which get off . Over all Management don't know to work they work like unorganized sector. As a gold loan company they don't have proper packet to pack they are so cheap they recycle packet 4 times and wrap gold in newspaper which is below standard company even jewelers pack in Ziplock bag . SO OVER ALL FAKE COMAPNY NO PF NO INSURANCE TO STAFF AND LOTS OF DEDUCTION SO BEAWARE BEFORE JOINING FOR ANY THING YOU ARE LIABLE .

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Gold Loan Department

1.0
  •  posted on 29 Jul 2020

1.0
 for  Salary and Benefits

Likes

they are not supporting there employees . they not pay any amount during lockdown period .they are not trust there employees . if any fraud happen in any branch by other person they are recover money from there employees and after recover money they are terminated the all staff . employee prove that yourself as a inocent person but employer are not listening to employee.

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Dislikes

unprofessional work type. not pay office expense many office expenses pay by himself . if any miscound found they not investigating that what is incident happen they are not supporting there staff and terminated the staff. they are not give to time to explain yourself and prove yourself even after termination they are not pickup your phone call and not reply your mail .

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Oct 2024

4.0
 for  Salary and Benefits

Likes

Good working atmosphere and very good work culture. We have a very dynamic and flamboyant MD and we have full faith and belief in the Management. There is not much pressure compared to Banks. I have worked in Banks for 22 years. Get good exposure and job satisfaction.

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Dislikes

Nothing in particular as such. Need little more support and coordination from Head Office. Need vendor approvals etc on time. Not got TA, but I am sure things will be sorted out. Overall a Wonderful Place to Work. Good work life balance too.

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Muthoot Mercantile Salary FAQs

How much does Muthoot Mercantile pay per year?
The average Muthoot Mercantile salary ranges from approximately ₹1.3 Lakh to ₹2.1 Lakhs per year for a Cashier and ₹6.6 Lakhs to ₹12 Lakhs per year for a Regional Manager. Salary estimates are based on 497 Muthoot Mercantile salaries received from various employees of Muthoot Mercantile. Muthoot Mercantile employees rate the overall salary and benefits package 3.2/5 stars.
What is the highest salary in Muthoot Mercantile?
The highest-paying job at Muthoot Mercantile is a Regional Manager with a salary of ₹6.6 Lakhs to ₹12 Lakhs per year. The top 10% of employees earn more than ₹5 lakhs per year. The top 1% earn more than a whopping ₹10.42 lakhs per year.
What is the minimum salary in Muthoot Mercantile?
Minimum salary at Muthoot Mercantile depends on the role you are applying for. For Clerk the minimum salary is ₹1.5 Lakh to ₹2.1 Lakhs per year, and for Customer Service Executive the minimum salary is ₹1.5 Lakh to ₹2.5 Lakhs per year and so on.
What is the salary package for freshers in Muthoot Mercantile?
The average salary at Muthoot Mercantile for freshers is ₹2.0 Lakhs per year for Customer Service Executive.
What is the notice period at Muthoot Mercantile?
According to AmbitionBox, 38% of the Muthoot Mercantile employees reported a notice period of 1 Month, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 384 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Average annual salary in Muthoot Mercantile is INRunlock blur . Salary estimates are based on 497 Muthoot Mercantile latest salaries received from various employees of Muthoot Mercantile.

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