Muthoot Finance Accounts Manager Salaries by 5 Employees

1 - 4 years exp.

₹5.8 Lakhs - ₹7.8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

35% less than the average Accounts Manager Salary in NBFC Companies for 1 - 4 years of experience

Interested in this particular role?

Last Updated: 5 Jun 2024

Companies similar to Muthoot Finance for Accounts Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Accounts Manager Salary 5 - 16 years exp. (28 salaries)	₹3 L/yr - ₹10 L/yr 12% less
Shriram Finance Accounts Manager Salary 9 - 15 years exp. (10 salaries)	₹3.5 L/yr - ₹7.7 L/yr 8% less
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Satin Creditcare Network Accounts Manager Salary 3 - 19 years exp. (9 salaries)	₹3.4 L/yr - ₹9.1 L/yr 5% less
L&T Finance Accounts Manager Salary 5 - 20 years exp. (7 salaries)	₹8 L/yr - ₹11 L/yr 64% more
IIFL Finance Accounts Manager Salary 0 - 15 years exp. (6 salaries)	₹2 L/yr - ₹7.4 L/yr 15% less
Mahindra Rural Housing Finance Accounts Manager Salary 11 - 18 years exp. (6 salaries)	₹6.5 L/yr - ₹8 L/yr 23% more
Kotak Mahindra Prime Accounts Manager Salary 4 - 14 years exp. (5 salaries)	₹4.2 L/yr - ₹5.6 L/yr 16% less
Bajaj Finance Accounts Manager Salary 3 - 5 years exp. (5 salaries)	₹2.7 L/yr - ₹10 L/yr 7% more
Muthoot Fincorp Accounts Manager Salary 4 - 7 years exp. (4 salaries)	₹1.6 L/yr - ₹9.1 L/yr 36% less
Asirvad Microfinance Accounts Manager Salary 3 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 49% less
PNB Housing Finance Accounts Manager Salary 5 - 10 years exp. (4 salaries)	₹3.4 L/yr - ₹5 L/yr 31% less
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Spandana Sphoorty Financial Accounts Manager Salary 5 - 15 years exp. (4 salaries)	₹5 L/yr - ₹12 L/yr 41% more
SK Finance Limited Accounts Manager Salary 0 - 9 years exp. (4 salaries)	₹2 L/yr - ₹8.3 L/yr 13% less
SMFG India Credit Accounts Manager Salary 8 - 15 years exp. (4 salaries)	₹6.7 L/yr - ₹10.1 L/yr 47% more
HDB Financial Services Accounts Manager Salary 1 - 15 years exp. (4 salaries)	₹3 L/yr - ₹9 L/yr 24% less
Poonawalla Fincorp Accounts Manager Salary 6 - 8 years exp. (4 salaries)	₹10.2 L/yr - ₹16.5 L/yr 109% more
LendingKart Accounts Manager Salary 5 - 19 years exp. (3 salaries)	₹4 L/yr - ₹6.8 L/yr 6% less
Capri Global Capital Accounts Manager Salary 10 - 13 years exp. (3 salaries)	₹10.8 L/yr - ₹13.8 L/yr 114% more
Aavas Financiers Accounts Manager Salary 4 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹4.8 L/yr 22% less	1 job opening
Sundaram Finance Accounts Manager Salary 7 - 20 years exp. (3 salaries)	₹10.1 L/yr - ₹16 L/yr 104% more

Accounts Manager salary at Muthoot Finance ranges between ₹5.8 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Accounts Manager salaries

Last Updated: 5 Jun 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.4 L/yr - ₹7 L/yr
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.8 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹7.5 L/yr

Similar Designation salaries in Muthoot Finance

Accounts Officer Salary

(7 salaries)

₹1.8 L/yr - ₹2.1 L/yr

Deputy Manager Salary

(93 salaries)

₹3 L/yr - ₹8.9 L/yr

Finance Manager Salary

(16 salaries)

₹2 L/yr - ₹10.1 L/yr

Accountant Salary

(64 salaries)

₹1.3 L/yr - ₹5.05 L/yr

Accounting Staff Salary

(24 salaries)

₹1.4 L/yr - ₹3.6 L/yr

Account Assistant Salary

(98 salaries)

₹1.15 L/yr - ₹4.1 L/yr

Senior Accounts Officer Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Audit Assistant Salary

(5 salaries)

₹1.8 L/yr - ₹4.8 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Senior Associate Salary

(3 salaries)

₹2.5 L/yr - ₹4 L/yr

Top skills at Muthoot Finance for Accounts Manager

Account Management Tally Accounting

Salary related reviews for Muthoot Finance

4.9

Rated by 3 employees for salary & benefits

Deputy Manager in Rae Bareli

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2024

3.0

for Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

Skill development - Good

+4 more

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

Promotions - Poor

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Salary - Bad

+6 more

Account Assistant in Alibag

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

Salary is credited on time.

Dislikes

They do more work in less salary. Work time is too much. In that too, sometimes they stop for more time and work. They work on Sundays as well. Salary does not increase even after working for 8 years. Older employees give more pressure and harass them

Salary - Bad

+6 more

Finance Executive in Tirunelveli

Finance & Accounting Department

5.0

• posted on 08 May 2021

5.0

for Salary and Benefits

Likes

...ansparent and friendly. Company policies are good.work with an comfortable zone.appraisals are fair and they provide good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

No dislike and no issues for this company

Accountant in Mumbai

Finance & Accounting Department

5.0

• posted on 21 Nov 2019

4.0

for Salary and Benefits

Likes

The company take cares of their employees these is the best thingh of these company whenever you do a business for the company it does not keeps the whole profit with them they share a certaiin part of it to those employees whose involvement is there to make that business sucessfull so these is the best thingh that i like about muthoot finance that they does not only think of their profit or pockets they also do take care of their employees to

Salary - Good

+4 more

Dislikes

...recovery and the worst thingh is that if i fail to punch after 9 am if also 9.1. Has became my half day salary will be deducted these is the worst thingh which almost all employees does not likes

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Muthoot Finance Accounts Manager Salary FAQs

What is the salary of Accounts Manager at Muthoot Finance ?

The average salary of a Accounts Manager at Muthoot Finance in India typically ranges from ₹5.8 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Accounts Manager at Muthoot Finance earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Accounts Manager Salaries at Muthoot 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 5 Muthoot Finance employees in India.

What is the estimated take home salary of a Accounts Manager at Muthoot Finance in India?

The estimated take-home salary of a Accounts Manager at Muthoot Finance in India typically ranges from ₹44,955 to ₹46,046 per month. This is based on the average salary range of ₹5.8 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 1 year 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 5 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Accounts Manager at Muthoot Finance ?

To be a Accounts Manager at Muthoot Finance in india, the key skills required include:

- Account Management
- Tally
- Accounting

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Accounts Manager in India?

Capri Global Capital	₹10.8 Lakhs to ₹13.8 Lakhs per year
Poonawalla Fincorp	₹10.2 Lakhs to ₹16.5 Lakhs per year
Sundaram Finance	₹10.1 Lakhs to ₹16.0 Lakhs per year
L&T Finance	₹8.0 Lakhs to ₹11.0 Lakhs per year
SMFG India Credit	₹6.7 Lakhs to ₹10.1 Lakhs per year

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

What is the salary of a Accounts Manager in companies similar to Muthoot Finance in India?

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

Spandana Sphoorty Financial	₹5.0 Lakhs to ₹12.0 Lakhs per year
Mahindra Rural Housing Finance	₹6.5 Lakhs to ₹8.0 Lakhs per year
Bajaj Finance	₹2.7 Lakhs to ₹10.0 Lakhs per year
Satin Creditcare Network	₹3.4 Lakhs to ₹9.1 Lakhs per year
LendingKart	₹4.0 Lakhs to ₹6.8 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 Accounts Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
1 year	₹2.4 Lakhs to ₹7.0 Lakhs per year
2 years	₹2.4 Lakhs to ₹7.8 Lakhs per year
3 years	₹2.4 Lakhs to ₹7.8 Lakhs per year
4 years	₹2.4 Lakhs to ₹7.5 Lakhs per year

and so on.

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Muthoot Finance Accounts Manager Salaries

Muthoot Finance Accounts Manager salary in India ranges between ₹5.8 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.