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Muthoot Fincorp Salaries in India (Updated 2025)

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Salaries by designations

Based on 8.6k salaries · Updated: 6 Jul 2025
All Departments
Designation Avg Annual Salary Open Jobs
0 - 11 years exp. (1.6k salaries)
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₹1.2 L/yr - ₹3.1 L/yr

1 job opening
1 - 16 years exp. (774 salaries)
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₹2.5 L/yr - ₹7.6 L/yr

9 job openings
5 - 21 years exp. (222 salaries)
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₹4.8 L/yr - ₹11.2 L/yr

0 - 6 years exp. (204 salaries)
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₹1.5 L/yr - ₹4.1 L/yr

6 - 18 years exp. (167 salaries)
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₹3.6 L/yr - ₹7.2 L/yr

0 - 6 years exp. (167 salaries)
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₹1.7 L/yr - ₹4 L/yr

3 - 8 years exp. (164 salaries)
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₹1.4 L/yr - ₹4.4 L/yr

4 - 8 years exp. (137 salaries)
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₹1.8 L/yr - ₹4.8 L/yr

0 - 7 years exp. (130 salaries)
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₹1.3 L/yr - ₹4.5 L/yr

1 - 5 years exp. (123 salaries)
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₹1.2 L/yr - ₹3.4 L/yr

0 - 7 years exp. (110 salaries)
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₹1.9 L/yr - ₹4.2 L/yr

1 job opening
0 - 6 years exp. (107 salaries)
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₹1.5 L/yr - ₹3.1 L/yr

2 - 6 years exp. (104 salaries)
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₹1.4 L/yr - ₹3.5 L/yr

1 job opening
5 - 12 years exp. (88 salaries)
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₹3.2 L/yr - ₹8 L/yr

0 - 4 years exp. (85 salaries)
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₹1.1 L/yr - ₹2.5 L/yr

0 - 6 years exp. (85 salaries)
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₹1.5 L/yr - ₹3.6 L/yr

1 - 11 years exp. (74 salaries)
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₹2.7 L/yr - ₹7 L/yr

2 - 10 years exp. (68 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

2 - 12 years exp. (64 salaries)
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₹2.5 L/yr - ₹6.8 L/yr

0 - 4 years exp. (59 salaries)
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₹1 L/yr - ₹3 L/yr

Latest salaries by Muthoot Fincorp employees

1d ago

Area Manager

12 years exp.

₹8 Lakhs
2d ago

Branch Sales and Service Manager

3 years exp.

₹4 Lakhs
2d ago

Branch Manager

16 years exp.

₹5.7 Lakhs
2d ago

Business Development Officer

6 months exp.

₹1.8 Lakh
2d ago

Gold Loan Expert

10 years exp.

₹6.5 Lakhs
2d ago

Home Loan Officer

1 year exp.

avg blur mobile
2d ago

Senior Relationship Officer

5 years exp.

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2d ago

Senior Customer Service Executive

5 years exp.

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2d ago

MIS Analyst

8 months exp.

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2d ago

Credit Officer

1 year exp.

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View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
an executive
The day I found out my colleague earns 30% more for the same role
It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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Salary related reviews for Muthoot Fincorp

4.1

Rated by 7.8k employees for salary & benefits

Full Time

 · 

Legal & Regulatory Department

3.0
  •  updated on 22 May 2025

3.0
 for  Salary and Benefits

Likes

The colleagues are very supportive in regional office level.

  • Company culture - Good

Dislikes

...ials, and their input is disregarded when resolving legal issues and recoveries. Although variable pay is included in the CTC, it is often not actually paid; the overall CTC is just for namesake. There is no transparency in salary deductions. Work-life balance is completely lacking—employees are not allowed to take paid or even unpaid leave, even during festivals. The organization forces employees to work around the clock, even during hospitalization or personal emergencies. Supporting staff are expected to act in favor of business heads, with no privacy or autonomy in making appropriate decisions to solve problems. Overall, the work environment is unhygienic, unhealthy, and toxic.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 11 Apr 2025

1.0
 for  Salary and Benefits

Likes

Timely salary payment and Job stability. Paid salary during covid. Good Training Dept

read more
  • Job security - Good

Dislikes

Poor salary, Hike and promotions, Never listen to Employees, No value to vintage employees. No recognition. No value to field level employees only listen managerial level. Inaccurate annual performance review.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  updated on 06 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

... 3months.. you work there n within 3months you search for another organisation.. they offer lowest salary in the market.. and on top of it you'll have to serve 2months or 3months resignation period and after that also they will not provide you ur reliving letter n even your full n final settlement will not happen.. they take year to do Full and final settlement.. I was the employee here after 2 years I gave resignation fir better opportunity but m lacking behind only because I don't have reliving letter.. even after 4 months and tones of followups with them they arey not giving me my reliving letter and my salary.. so think before you join.. here no one will help you manager area manager regional manager no one.. worst company it is.. u better seat home rather you join in muthoot Fincorp.. if you join you will regret it till your alive mark my words.. they are totally unprofessional and behave rediculous.. THINK BEFOR YOU JOIN MUTHOOT FINCORP LTD

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  updated on 30 Dec 2024

5.0
 for  Salary and Benefits

Likes

The opportunities for continuous learning and professional development & salary credited on time.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Company is great no dought ,I am working here last 1.5 years and I see some people have two faces and changing their own words according to the situation. All over great !

read more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  updated on 30 Dec 2024

3.0
 for  Salary and Benefits

Likes

Working timing is good, and salary is always come on time.

  • Job security - Good
  • +2 more

Dislikes

In this company salary increment is done according to the outstanding of the branch, so the new staff who join in a smaller branch will not get any benefit. If increment is done according to the outstanding of the branch then the vintage staff should get a bigger branch according to their individual score card or there should be shuffling of all employees every 2 years.

read more
  • Promotions - Bad
see more salary related reviews

Muthoot Fincorp Salary FAQs

How much does Muthoot Fincorp pay to its employees?
The average annual salary at Muthoot Fincorp varies depending on the role, experience, and location. The salary ranges for some popular designations at Muthoot Fincorp, are as follows:

Customer Service Executive ₹1.2 Lakhs to ₹3.1 Lakhs per year
Branch Manager ₹2.5 Lakhs to ₹7.6 Lakhs per year
Area Manager ₹4.8 Lakhs to ₹11.2 Lakhs per year
Senior Customer Service Executive ₹1.5 Lakhs to ₹4.1 Lakhs per year

The highest-paying role, Vice President, earns between ₹36 Lakhs to ₹46 Lakhs per year. The top 10% of employees earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹28.4 Lakhs per year. Salaries at Muthoot Fincorp 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 salary estimates are based on data from 8.6k salaries submitted by Muthoot Fincorp employees. Muthoot Fincorp is rated 4.1 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Muthoot Fincorp in India?
The salary of a fresher at Muthoot Fincorp in India typically ranges from ₹1.4 Lakh to ₹3 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Customer Service Executive Salary ₹1.1 Lakhs to ₹3 Lakhs per year
Fresher as a Business Development Executive Salary ₹1.5 Lakhs to ₹2.6 Lakhs per year
Fresher as a Relationship Officer Salary ₹1.5 Lakhs to ₹3.5 Lakhs per year
Fresher as a Credit Officer Salary ₹2 Lakhs to ₹3.2 Lakhs per year

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Average annual salary in Muthoot Fincorp is INRunlock blur . Salary estimates are based on 8500+ Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

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