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Muthoot Microfin Finance Executive salaries in India

Annual salary range
1 - 2 years exp.
₹1.6 Lakh - ₹3.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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45% less than the average Finance Executive Salary in NBFC Companies for 1 - 2 years of experience

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Last Updated: 14 Sep 2024

Companies similar to Muthoot Microfin for Finance Executive

Company name Avg Annual Salary Open Jobs
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Bajaj Finance Finance Executive Salary

0 - 6 years exp. (234 salaries)

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₹1 L/yr - ₹4 L/yr

arrow icon 17% more
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HDB Financial Services Finance Executive Salary

0 - 8 years exp. (209 salaries)

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₹1 L/yr - ₹4.5 L/yr

arrow icon 6% more
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Mahindra Finance Finance Executive Salary

0 - 11 years exp. (161 salaries)

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₹1.6 L/yr - ₹4.8 L/yr

arrow icon 51% more
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L&T Finance Finance Executive Salary

0 - 7 years exp. (156 salaries)

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₹1 L/yr - ₹3.7 L/yr

arrow icon 11% more
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Shriram Finance Finance Executive Salary

0 - 8 years exp. (139 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 34% more
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Home Credit Finance Finance Executive Salary

0 - 5 years exp. (108 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 6% more
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TVS Credit Finance Executive Salary

1 - 7 years exp. (86 salaries)

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₹1.2 L/yr - ₹5 L/yr

arrow icon 23% more
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Muthoot Finance Finance Executive Salary

0 - 6 years exp. (84 salaries)

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₹1.2 L/yr - ₹4.4 L/yr

arrow icon 22% more
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₹1.8 L/yr - ₹5 L/yr

arrow icon 25% more
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Manappuram Finance Finance Executive Salary

0 - 4 years exp. (40 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 6% more
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SMFG India Credit Finance Executive Salary

0 - 6 years exp. (37 salaries)

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₹1.7 L/yr - ₹3.8 L/yr

arrow icon 19% more
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Muthoot Fincorp Finance Executive Salary

0 - 10 years exp. (34 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 10% more
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Annapurna Finance Finance Executive Salary

0 - 5 years exp. (34 salaries)

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₹1.4 L/yr - ₹3.6 L/yr

arrow icon 13% more
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Tata Motors Finance Finance Executive Salary

1 - 7 years exp. (33 salaries)

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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 17% more
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IIFL Finance Finance Executive Salary

0 - 4 years exp. (25 salaries)

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₹1.8 L/yr - ₹4 L/yr

arrow icon 24% more
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SK Finance Limited Finance Executive Salary

0 - 6 years exp. (21 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 3% more
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₹1.3 L/yr - ₹4.2 L/yr

arrow icon 12% more
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₹1.5 L/yr - ₹3.3 L/yr

arrow icon 5% more
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Fusion Microfinance Finance Executive Salary

0 - 4 years exp. (14 salaries)

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₹1 L/yr - ₹3.5 L/yr

arrow icon 10% more
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₹1.2 L/yr - ₹3 L/yr

arrow icon 2% more
View all
Finance Executive salary at Muthoot Microfin ranges between ₹1.6 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Finance Executive

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Experience wise Muthoot Microfin Finance Executive salaries

Last Updated: 14 Sep 2024

Experience Avg Annual Salary
1 year  (5 salaries)

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₹1.6 L/yr - ₹3.2 L/yr
2 years  (3 salaries)

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₹1.6 L/yr - ₹2.3 L/yr

Similar Designation salaries in Muthoot Microfin

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₹1.6 L/yr - ₹2 L/yr
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₹1.44 L/yr - ₹2.92 L/yr
Financial Analyst Salary
(AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.7 L/yr
Branch Manager Salary
(108 salaries)
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₹2 L/yr - ₹4.5 L/yr
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₹2 L/yr - ₹2.5 L/yr
Team Lead Salary
(6 salaries)
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₹2.85 L/yr - ₹3.31 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr
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₹4 L/yr - ₹6.5 L/yr
Sales Officer Salary
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr
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₹2.34 L/yr - ₹2.64 L/yr

Top skills at Muthoot Microfin for Finance Executive

Finance Claims Processing Voucher Entry Vendor Reconciliation Bank Reconciliation Accounting Banking General Accounting

Salary related reviews for Muthoot Microfin

4.3

Rated by 3 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Feb 2023

3.0
 for  Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

  • Skill development - Good
  • +2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

read more
  • Promotions - Bad

Operations Department

4.0
  •  posted on 21 May 2022

3.0
 for  Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent.company policies are better and also the salary package is good.

read more
  • Skill development - Good
  • +4 more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

Other Department

5.0
  •  posted on 19 Apr 2021

3.0
 for  Salary and Benefits

Likes

Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

read more
  • Skill development - Excellent
  • +3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is bond of 3years before which cannot resign

read more

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Aug 2021

1.0
 for  Salary and Benefits

Likes

I don't like anything

  • Company culture - Excellent

Dislikes

Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Human Resources Department

5.0
  •  posted on 12 Sep 2023

5.0
 for  Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

read more
  • Salary - Excellent
  • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

see more salary related reviews

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Muthoot Microfin Finance Executive Salary FAQs

What is the salary of Finance Executive at Muthoot Microfin ?
The average salary of a Finance Executive at Muthoot Microfin in India typically ranges from ₹1.6 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Finance Executive at Muthoot Microfin earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Finance Executive Salaries at Muthoot Microfin 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 Muthoot Microfin employees in India.
What is the estimated take home salary of a Finance Executive at Muthoot Microfin in India?
The estimated take-home salary of a Finance Executive at Muthoot Microfin in India typically ranges from ₹15,007 to ₹16,575 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 2 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 Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Finance Executive at Muthoot Microfin ?
To be a Finance Executive at Muthoot Microfin in india, the key skills required include:

  • - Finance
  • - Claims Processing
  • - Voucher Entry
  • - Vendor Reconciliation
  • - Bank Reconciliation

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Microfin for Finance Executive in India?
Aditya Birla Finance ₹1.4 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance ₹1.6 Lakhs to ₹4.8 Lakhs per year
John Deere Financial ₹3.2 Lakhs to ₹4.5 Lakhs per year
Shriram Finance ₹1.3 Lakhs to ₹4.0 Lakhs per year
Aye Finance ₹2.2 Lakhs to ₹4.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Microfin, depending on the role and experience level.
What is the salary of a Finance Executive in companies similar to Muthoot Microfin in India?
The salary of a Finance Executive at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bharat Financial Inclusion ₹1.8 Lakhs to ₹5.0 Lakhs per year
IIFL Finance ₹1.8 Lakhs to ₹4.0 Lakhs per year
TVS Credit ₹1.2 Lakhs to ₹5.0 Lakhs per year
Muthoot Finance ₹1.2 Lakhs to ₹4.4 Lakhs per year
SMFG India Credit ₹1.7 Lakhs to ₹3.8 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 Finance Executive at Muthoot Microfin in India?
The salary growth for a Finance Executive at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Finance Executive can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
1 year ₹1.6 Lakhs to ₹3.2 Lakhs per year
2 years ₹1.6 Lakhs to ₹2.3 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Microfin Finance Executive salary in India ranges between ₹1.6 Lakh to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.