Muthoot Money JRE Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹2.3 Lakhs - ₹3.1 Lakhs

Salary of majority employees

8% less than the average JRE Salary in Financial Services Companies for 1 - 2 years of experience

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Salaries in different departments

Sales & Business Development JRE Salary 1 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3.1 L/yr
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Finance & Accounting JRE Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.5 L/yr

Last Updated: 2 Jan 2025

Companies similar to Muthoot Money for JRE

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance JRE Salary 0 - 4 years exp. (336 salaries)	₹1.3 L/yr - ₹4.5 L/yr 9% more
The Muthoot Group JRE Salary 0 - 5 years exp. (71 salaries)	₹1.4 L/yr - ₹4 L/yr 10% more
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Muthoot Fincorp JRE Salary 0 - 3 years exp. (4 salaries)	₹1.4 L/yr - ₹3 L/yr 8% less
TP Northern Odisha Distribution JRE Salary 4 - 7 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 36% more
HYUNDAI TRANSYS INDIA JRE Salary 1 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹6 L/yr 124% more

JRE salary at Muthoot Money ranges between ₹2.3 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Money.

Experience wise Muthoot Money JRE salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹2.3 L/yr - ₹3.1 L/yr
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2 years (AmbitionBox Estimate)	₹1 L/yr - ₹3.1 L/yr

Similar Designation salaries in Muthoot Money

Junior Relationship Executive Salary

(56 salaries)

₹1.92 L/yr - ₹2.9 L/yr

Senior Audit Executive Salary

(7 salaries)

₹2.95 L/yr - ₹3.65 L/yr

Assistant Manager Incharge Salary

(6 salaries)

₹3.8 L/yr - ₹4.5 L/yr

Credit Executive Salary

(6 salaries)

₹1.5 L/yr - ₹2.8 L/yr

Senior Manager Finance & Accounts Salary

(5 salaries)

₹14.5 L/yr - ₹15.9 L/yr

Senior Accountant Salary

(5 salaries)

₹2 L/yr - ₹4 L/yr

Credit Analyst Salary

(5 salaries)

₹3.25 L/yr - ₹4.25 L/yr

Area Credit Manager Salary

(5 salaries)

₹4.6 L/yr - ₹7.5 L/yr

Senior Collection Executive Salary

(4 salaries)

₹2 L/yr - ₹4 L/yr

Senior Accounts Officer Salary

(4 salaries)

₹2.1 L/yr - ₹5.2 L/yr

Salary related reviews for Muthoot Money

2.1

Rated by 4 employees for salary & benefits

Sales Manager in Kancheepuram

Full Time

Finance & Accounting Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Carriers Spoil this company last 3month Future spoil in company not sitting in office. Waste of reporting manager

Dislikes

EMPOLYEE not safety and salary issue. reporting manager Communication Nil not supported. . Wrost of company totally waste of company

Salary - Bad

+6 more

Operations in Hyderabad / Secunderabad

Operations Department

1.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

HR policy very worst, offer letter and take home completely different ex. package,is 2.5lkahs,but we get just 2.2 lakhs waste company.

Work-life balance - Excellent

Dislikes

No Growth, we Technology software not there complete manual process, everyone HOD feel like MD.

Salary - Bad

+5 more

Cluster Manager-Banking Operations in Vijayawada

Full Time

Marketing & Communication Department

2.0

• posted on 18 Jan 2022

1.0

for Salary and Benefits

Likes

There is no job security, In carona first phase 120 employees jobs as taken suddenly, And remaining employees paid May salary and not paid April20 salary, Even in second wave may21 month paid 60% salary

Dislikes

Even carona situatuons, Thumb is manadatory for attendance and cant respect emoloyees, Cant pay salaries and conveyances properly

Salary - Bad

+6 more

Assistant Manager O&M in Madurai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 21 Jan 2025

2.0

for Salary and Benefits

Likes

Work culture and my supervisor are very good handling.

Dislikes

Once you can properly reliving this company.then you can't get received from settlement and not properly Reliving letter and experience letter also. HR department are very slow and not responding by any messages .

Salary - Poor

+6 more

HR Executive Recruiter in Hyderabad / Secunderabad

Full Time

Human Resources Department

1.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

I don't like anything in muthoot, they treat their employees like a slave, there is no respect at all. And your openion is not considered for any change of management. Boss culture is there.

Skill development - Bad

+4 more

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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 Money JRE Salary FAQs

What is the salary of JRE at Muthoot Money ?

The average salary of a JRE at Muthoot Money in India typically ranges from ₹2.3 Lakhs to ₹3.1 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of JRE at Muthoot Money earn more than ₹3.1 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. JRE Salaries at Muthoot Money 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 4 Muthoot Money employees in India.

What is the estimated take home salary of a JRE at Muthoot Money in India?

The estimated take-home salary of a JRE at Muthoot Money in India typically ranges from ₹17,136 to ₹18,842 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹3.1 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 4 salaries received from various employees of Muthoot Money. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Money for JRE in India?

HYUNDAI TRANSYS INDIA	₹4.5 Lakhs to ₹6.0 Lakhs per year
TP Northern Odisha Distribution	₹3.0 Lakhs to ₹4.2 Lakhs per year
The Muthoot Group	₹1.4 Lakhs to ₹4.0 Lakhs per year
Muthoot Finance	₹1.3 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a JRE in companies similar to Muthoot Money in India?

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

Muthoot Fincorp

₹1.4 Lakhs to ₹3.0 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 JRE at Muthoot Money in India?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹3.1 Lakhs per year
2 years	₹1.0 Lakhs to ₹3.1 Lakhs per year

and so on.

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Muthoot Money JRE Salaries

Muthoot Money JRE salary in India ranges between ₹2.3 Lakhs to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Money latest salaries received from various employees of Muthoot Money.