
Muthoot Fincorp

Working at Muthoot Fincorp
Company Summary
Overall Rating

15% above

Highly rated for 
Skill development, Company culture, Job security
Work Policy




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About Muthoot Fincorp

Muthoot FinCorp Limited (MFL) is the flagship Company of the Muthoot Pappachan Group . MFL is Financial Services SuperHouse or you call it PowerHouse!
A market leader in the gold loans business Muthoot FinCorp has over 3,600 branches spread across the cities, towns and villages of India, the Company serves more than 75,000 customers a day.
Muthoot FinCorp’s long-standing experience,expertise and stronghold in the semi urban and rural areas has enabled the Company to provide quick, customized finance options and investment products, maximizing returns to the population. The loan products of Muthoot FinCorp are uniquely structured to serve people who do not have easy access to mainstream commercial banks.
MFL counts the satisfaction and long-service of its people as a cornerstone of its success. Fostering teamwork, nurturing creativity and rewarding commitment are systematically and professionally managed. Excellence and innovation are encouraged and rewarded. Ensuring Muthoot FinCorp's people remain at the competitive edge, best practice in the area and unique motivational programs are regularly carried out.

Muthoot Pappachan Group
ABECA - AmbitionBox Employee Choice Awards







Muthoot Fincorp Ratings
Overall Rating





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Skill development
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Job security
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Work Policy at Muthoot Fincorp



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Compare Muthoot Fincorp with Similar Companies
![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
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Overall Rating | 4.5/5 based on 8.6k reviews | 4.0/5 based on 5.7k reviews | 4.0/5 based on 8k reviews | 3.6/5 based on 5.6k reviews |
Highly Rated for | Skill development Work-life balance Job security | Work-life balance Skill development Salary | Job security Skill development Work-life balance | ![]() No highly rated category |
Critically Rated for | ![]() No critically rated category | ![]() No critically rated category | ![]() No critically rated category | Promotions Work satisfaction |
Primary Work Policy | Work from office 91% employees reported | Work from office 85% employees reported | Work from office 83% employees reported | Work from office 90% employees reported |
Rating by Women Employees | 4.6 Excellent rated by 2.8k women | 3.8 Good rated by 1.2k women | 3.8 Good rated by 850 women | 3.7 Good rated by 1k women |
Rating by Men Employees | 4.5 Good rated by 5.5k men | 4.0 Good rated by 4.2k men | 4.0 Good rated by 6.7k men | 3.6 Good rated by 4.2k men |
Job security | 4.4 Good | 3.8 Good | 4.0 Good | 3.7 Good |
Muthoot Fincorp Salaries
Customer Service Executive

Branch Manager

Area Manager

Senior Customer Service Executive

Branch Incharge

Senior Branch Manager

Credit Officer

Internal Auditor

Joint Custodian

Sales Executive

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Muthoot Fincorp News
Muthoot FinCorp announces SPARK awards for small business owners
- Muthoot FinCorp announces SPARK awards to recognize the resilience, innovation, and contributions of small businesses, aiming to highlight them as the real drivers of the country’s economy.
- Participants from various industries can be nominated for seven award categories including Lifetime Achievement, Women Entrepreneur, Emerging Leader, Innovators, Tech Trailblazer, Social Impact Leader, and Fastest Growing Business.
- Nominations are open and free on the official website. Winners will receive national recognition, business mentorship, and a fully-sponsored trip to attend an award ceremony with Bollywood icon Shah Rukh Khan.
- The selection of winners will be done by an independent jury of industry leaders to ensure a credible and transparent evaluation process, according to a press release from Muthoot FinCorp. CEO Shaji Varghese highlighted the initiative's aim to empower small business owners with recognition and support.

Muthoot FinCorp Funds BankBazaar, Charts Its Foray into Gold Loans
- Fintech BankBazaar has raised an undisclosed amount from Muthoot FinCorp as part of its ongoing Series D2 round.
- BankBazaar has partnered with Muthoot FinCorp to enter the gold loans business, with BankBazaar handling digital processes and Muthoot managing compliances and loan disbursal.
- BankBazaar has raised a total of $116 Mn and aims to compete with other players in the Indian lending tech space.
- In the financial year 2022-23, BankBazaar reduced its net loss by 15% and saw a 66% increase in operating revenue.

Muthoot Fincorp picks minor stake in BankBazaar for ₹15 crore
- Muthoot Fincorp has picked a minor stake of roughly 1% in BankBazaar by investing ₹15 crore.
- With this investment, BankBazaar's total equity funding has now reached $116 million.
- BankBazaar anticipates achieving full-year EBITDA profitability in FY25.
- Under the partnership, BankBazaar will handle digital data management and marketing, while Muthoot FinCorp will manage compliance and loan disbursal.

BankBazaar raises Rs 55 crore; enters gold loan business with Muthoot Fincorp
- Loan sourcing platform BankBazaar raises Rs 55 crore in fresh funding from investors.
- The funding was at a flat valuation of approximately Rs 1,700 crore ($200 million) for BankBazaar.
- BankBazaar enters gold loan business with funding from Muthoot Fincorp.
- Muthoot Fincorp partners with BankBazaar to expand its gold loan business and leverage BankBazaar's online loan platform.


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