Muthoot Finance Assistant General Manager Salaries by 7 Employees (Updated 2025)

0 - 30 years exp.

₹13.4 Lakhs - ₹22 Lakhs

Low Confidence

Salary of majority employees

36% less than the average Assistant General Manager Salary in NBFC Companies for 0 - 30 years of experience

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Salaries in different departments

Sales & Business Development Assistant General Manager Salary 28 - 30 years exp. (AmbitionBox Estimate)	₹15.6 L/yr - ₹22 L/yr
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Teaching & Training Assistant General Manager Salary 0 - 7 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹13.8 L/yr

Last Updated: 9 Jan 2025

Companies similar to Muthoot Finance for Assistant General Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Assistant General Manager Salary 9 - 15 years exp. (53 salaries)	₹5.5 L/yr - ₹14.9 L/yr 46% less
Shriram Finance Assistant General Manager Salary 11 - 28 years exp. (13 salaries)	₹8.5 L/yr - ₹22 L/yr 2% less
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HDFC Bank Assistant General Manager Salary 11 - 17 years exp. (19 salaries)	₹18.5 L/yr - ₹42 L/yr 93% more
LIC Housing Finance Assistant General Manager Salary 15 - 21 years exp. (3 salaries)	₹3.2 L/yr - ₹18 L/yr 17% less
ICICI Bank Assistant General Manager Salary 15 - 24 years exp. (187 salaries)	₹28.6 L/yr - ₹80 L/yr 240% more
Kotak Mahindra Bank Assistant General Manager Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 78% less
Sammaan Capital Limited Assistant General Manager Salary 5 - 17 years exp. (19 salaries)	₹19 L/yr - ₹45 L/yr 119% more
CreditAccess Grameen Assistant General Manager Salary 12 - 19 years exp. (11 salaries)	₹13 L/yr - ₹22 L/yr 9% more
Sundaram Finance Assistant General Manager Salary 18 - 32 years exp. (11 salaries)	₹14 L/yr - ₹27 L/yr 13% more
Muthoot Fincorp Assistant General Manager Salary 13 - 23 years exp. (5 salaries)	₹12.1 L/yr - ₹18.5 L/yr 2% less
L&T Finance Assistant General Manager Salary 8 - 15 years exp. (5 salaries)	₹30 L/yr - ₹60.4 L/yr 246% more
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IDFC FIRST Bharat Assistant General Manager Salary 7 - 20 years exp. (4 salaries)	₹18.4 L/yr - ₹23 L/yr 39% more
PNB Housing Finance Assistant General Manager Salary 10 - 20 years exp. (3 salaries)	₹31 L/yr - ₹45 L/yr 156% more

Assistant General Manager salary at Muthoot Finance ranges between ₹13.4 Lakhs to ₹22 Lakhs per year for employees with less than 1 year of experience to 30 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant General Manager salaries

Last Updated: 9 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.4 L/yr - ₹24.2 L/yr
1 year (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
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2 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr
3 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
4 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.2 L/yr
5 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr
6 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹26.1 L/yr
8 years (AmbitionBox Estimate)	₹13.2 L/yr - ₹16.9 L/yr
9 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
10 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
11 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
12 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
13 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹17.1 L/yr
14 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
15+ years (4 salaries)	₹6.8 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Muthoot Finance

Assistant Sales Manager Salary

(4 salaries)

₹2.5 L/yr - ₹5.25 L/yr

Regional Manager Salary

(48 salaries)

₹6.8 L/yr - ₹21.5 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Area Business Manager Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Business Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Senior Sales Manager Salary

(6 salaries)

₹2.5 L/yr - ₹8 L/yr

Area Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Relationship Manager Salary

(29 salaries)

₹2 L/yr - ₹3.5 L/yr

Branch Manager Salary

(593 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Salary related reviews for Muthoot Finance

3.5

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

Dislikes

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

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

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

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Muthoot Finance Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at Muthoot Finance?

Assistant General Manager salary at Muthoot Finance in India ranges between ₹13.4 Lakhs to ₹22.0 Lakhs for less than 1 year of experience to 30 years. According to our estimates it is 36% less than the average Assistant General Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Assistant General Manager at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Assistant General Manager at Muthoot Finance is 36% less than the average salary of a Assistant General Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Finance to a Assistant General Manager in India?

L&T Finance Assistant General Manager Salary - ₹30.0 Lakhs to ₹60.4 Lakhs per year
ICICI Bank Assistant General Manager Salary - ₹28.6 Lakhs to ₹80.0 Lakhs per year
PNB Housing Finance Assistant General Manager Salary - ₹31.0 Lakhs to ₹45.0 Lakhs per year
Sammaan Capital Limited Assistant General Manager Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year
HDFC Bank Assistant General Manager Salary - ₹18.5 Lakhs to ₹42.0 Lakhs per year

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

IDFC FIRST Bharat Assistant General Manager Salary - ₹18.4 Lakhs to ₹23.0 Lakhs per year
Sundaram Finance Assistant General Manager Salary - ₹14.0 Lakhs to ₹27.0 Lakhs per year
CreditAccess Grameen Assistant General Manager Salary - ₹13.0 Lakhs to ₹22.0 Lakhs per year
Muthoot Fincorp Assistant General Manager Salary - ₹12.1 Lakhs to ₹18.5 Lakhs per year
Shriram Finance Assistant General Manager Salary - ₹8.5 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Assistant General Manager at Muthoot Finance ranges between ₹1,07,880 per month to ₹1,10,857 per month in India. The take-home salary calculation is based on the average Muthoot Finance Assistant General Manager salary in India which ranges between ₹13.4 Lakhs to ₹22.0 Lakhs per year for employees with less than 1 year of experience to 30 years. Check how did we calculate take home salary?

What is the notice period for Assistant General Manager at Muthoot Finance?

According to AmbitionBox, 57% of the Muthoot Finance Assistant General Managers reported a notice period of 3 Months, 29% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant General Manager Salaries

Muthoot Finance Assistant General Manager salary in India ranges between ₹13.4 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Finance latest salaries received from various employees of Muthoot Finance.