Manappuram Finance Assistant Manager 1 Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹2.3 Lakhs - ₹4.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

24% less than the average Assistant Manager 1 Salary in NBFC Companies for 2 - 4 years of experience

Interested in this particular role?

Last Updated: 2 Feb 2025

Companies similar to Manappuram Finance for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Manager 1 Salary 1 - 5 years exp. (27 salaries)	₹2.4 L/yr - ₹4.5 L/yr 3% more
IIFL Finance Assistant Manager 1 Salary 3 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹3.8 L/yr At par
Login to view exact salary
HDB Financial Services Assistant Manager 1 Salary 2 - 9 years exp. (5 salaries)	₹2 L/yr - ₹2.3 L/yr 37% less
Sundaram Finance Assistant Manager 1 Salary 0 - 5 years exp. (5 salaries)	₹4.2 L/yr - ₹7.6 L/yr 77% more
Kotak Mahindra Prime Assistant Manager 1 Salary 1 - 9 years exp. (4 salaries)	₹3 L/yr - ₹4.2 L/yr 3% more
PNB Housing Finance Assistant Manager 1 Salary 5 - 7 years exp. (4 salaries)	₹5.2 L/yr - ₹6 L/yr 51% more
Bajaj Finance Assistant Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 16% more
Satin Creditcare Network Assistant Manager 1 Salary 5 - 8 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 25% less

Assistant Manager 1 salary at Manappuram Finance ranges between ₹2.3 Lakhs to ₹4.2 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Manappuram Finance.

Experience wise Manappuram Finance Assistant Manager 1 salaries

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Manappuram Finance

Assistant Store Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Assistant Branch Manager Salary

(147 salaries)

₹1.05 L/yr - ₹4 L/yr

Operations Manager Salary

(29 salaries)

₹2 L/yr - ₹5.6 L/yr

Team Manager Salary

(3 salaries)

₹4 L/yr - ₹9.5 L/yr

Store Manager Salary

(3 salaries)

₹5.5 L/yr - ₹19.8 L/yr

Branch Manager Salary

(224 salaries)

₹1.8 L/yr - ₹6 L/yr

Deputy Manager Salary

(70 salaries)

₹3 L/yr - ₹6.5 L/yr

Sales Manager Salary

(19 salaries)

₹2 L/yr - ₹4 L/yr

Relationship Manager Salary

(19 salaries)

₹2.4 L/yr - ₹6 L/yr

Salary related reviews for Manappuram Finance

Branch Manager in Yadgiri

Finance & Accounting Department

5.0

• posted on 15 Dec 2021

3.0

for Salary and Benefits

Likes

It's a good company good incentive given and salary given and every year bonus also given.

Job security - Good

+1 more

Dislikes

It's very toff to new joining employees because there is no training to employees all training BH given to employees and any issue is there not solved immediately.

Branch Manager in Ahmedabad

Marketing & Communication Department

5.0

• posted on 12 Apr 2021

5.0

for Salary and Benefits

Likes

...anagement is politics. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - 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 a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Branch Manager in Bangalore / Bengaluru

Gold department Department

3.0

• posted on 15 May 2021

1.0

for Salary and Benefits

Likes

worked as assistant branch manager, good environment with staff.

Job security - Good

Dislikes

Taking risks and also a Less salary only 10k in hand and almost salary is deducted. And their is no incentive and no holidays even in festivals like ramzan , dewali branch must be open and no timing rules need work from 9.30 to 8pm . And also no compensation for petrol allowence . Please don't join to this company never ever.

Salary - Bad

+5 more

Team Lead in Cuttack

Finance & Accounting Department

5.0

• posted on 08 Nov 2020

4.0

for Salary and Benefits

Likes

Good work environment and culture.Teammates are supportive and the management in transparent.AThere is a huge cafeteria and gaming arcade for company Policies are good. Appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is nothing to dislike

Branch Manager in Solapur

BFSI, Investments & Trading Department

2.0

• posted on 08 Feb 2019

3.0

for Salary and Benefits

Likes

Leave facilities with compensation, Trainings and demos, Salary is average level but not so poor, Fast growth as in designation.

Dislikes

No job security, politics, no innovations and motivations, Not proper official culture.

Skill development - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Manappuram Finance?

Ask anonymously on communities.

Manappuram Finance Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Manappuram Finance ?

The average salary of a Assistant Manager 1 at Manappuram Finance in India typically ranges from ₹2.3 Lakhs to ₹4.2 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Assistant Manager 1 at Manappuram Finance earn more than ₹4.2 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Assistant Manager 1 Salaries at Manappuram Finance 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 Manappuram Finance employees in India.

What is the estimated take home salary of a Assistant Manager 1 at Manappuram Finance in India?

The estimated take-home salary of a Assistant Manager 1 at Manappuram Finance in India typically ranges from ₹24,879 to ₹26,319 per month. This is based on the average salary range of ₹2.3 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from 2 years to 4 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 Manappuram Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Manappuram Finance for Assistant Manager 1 in India?

Sundaram Finance	₹4.2 Lakhs to ₹7.6 Lakhs per year
PNB Housing Finance	₹5.2 Lakhs to ₹6.0 Lakhs per year
Bajaj Finance	₹3.5 Lakhs to ₹4.8 Lakhs per year
Muthoot Finance	₹2.4 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra Prime	₹3.0 Lakhs to ₹4.2 Lakhs per year

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

What is the salary of a Assistant Manager 1 in companies similar to Manappuram Finance in India?

The salary of a Assistant Manager 1 at companies similar to Manappuram Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance	₹3.2 Lakhs to ₹3.8 Lakhs per year
Satin Creditcare Network	₹2.1 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services	₹2.0 Lakhs to ₹2.3 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 Assistant Manager 1 at Manappuram Finance in India?

The salary growth for a Assistant Manager 1 at Manappuram Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 can expect the following growth trajectory at Manappuram Finance:

Experience	Average Salary Range
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

Tell us how to improve this page.

Manappuram Finance Assistant Manager 1 Salaries by Location

Home >
Salaries >
Manappuram Finance Salaries >
Manappuram Finance Assistant Manager 1 Salaries

Manappuram Finance Assistant Manager 1 salary in India ranges between ₹2.3 Lakhs to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Manappuram Finance latest salaries received from various employees of Manappuram Finance.