Muthoot Finance Assistant Manager Salaries by 700+ Employees (Updated 2025)

0 - 10 years exp.

₹1.5 Lakh - ₹5.7 Lakhs

Salary of majority employees

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52% less than the average Assistant Manager Salary in NBFC Companies for 0 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Assistant Manager Salary 0 - 10 years exp. (252 salaries)	Unlock ₹2 L/yr - ₹5.4 L/yr
BFSI, Investments & Trading Assistant Manager Salary 0 - 10 years exp. (134 salaries)	Unlock ₹2.2 L/yr - ₹5.7 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 0 - 10 years exp. (107 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
Sales & Business Development Assistant Manager Salary 0 - 8 years exp. (39 salaries)	Unlock ₹2.2 L/yr - ₹5.6 L/yr

Last Updated: 3 Mar 2025

Companies similar to Muthoot Finance for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Manager Salary 0 - 13 years exp. (1.5k salaries)	Unlock ₹1.5 L/yr - ₹8.1 L/yr 18% more	340 job openings
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.4k salaries)	Unlock ₹1.8 L/yr - ₹7.3 L/yr 5% less
Login to view exact salary
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr At par
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.6k salaries)	Unlock ₹1 L/yr - ₹5 L/yr 13% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (15k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr At par	2 job openings
Yes Bank Assistant Manager Salary 0 - 11 years exp. (3.4k salaries)	Unlock ₹2 L/yr - ₹6.7 L/yr 11% more	1 job opening
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (2.3k salaries)	Unlock ₹1.5 L/yr - ₹6.3 L/yr 5% less	1 job opening
IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	Unlock ₹2.1 L/yr - ₹7.1 L/yr 20% more
Federal Bank Assistant Manager Salary 0 - 10 years exp. (686 salaries)	Unlock ₹6 L/yr - ₹20 L/yr 214% more
RBL Bank Assistant Manager Salary 0 - 10 years exp. (1.4k salaries)	Unlock ₹1.8 L/yr - ₹7 L/yr 3% more

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Assistant Manager salary at Muthoot Finance ranges between ₹1.5 Lakh to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 740 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Manager

5d ago

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6 years exp.

1w ago

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5 years exp.

1w ago

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2 years exp.

1w ago

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2 years exp.

1w ago

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5 years exp.

1w ago

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3 years exp.

1w ago

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7 years exp.

1w ago

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9 years exp.

2w ago

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5 years exp.

2w ago

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7 years exp.

Experience wise Muthoot Finance Assistant Manager salaries

Last Updated: 3 Mar 2025

Experience	Avg Annual Salary
Fresher (13 salaries)	Unlock ₹2.2 L/yr - ₹4.9 L/yr
1 year (45 salaries)	Unlock ₹1.7 L/yr - ₹5 L/yr
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2 years (85 salaries)	Unlock ₹1.5 L/yr - ₹5 L/yr
3 years (134 salaries)	Unlock ₹2 L/yr - ₹5.3 L/yr
4 years (131 salaries)	Unlock ₹2 L/yr - ₹5 L/yr
5 years (124 salaries)	Unlock ₹2 L/yr - ₹5.5 L/yr
6 years (101 salaries)	Unlock ₹2.1 L/yr - ₹5.6 L/yr
7 years (34 salaries)	Unlock ₹2.1 L/yr - ₹5.7 L/yr
8 years (27 salaries)	Unlock ₹2.2 L/yr - ₹5.5 L/yr
9 years (21 salaries)	Unlock ₹2.2 L/yr - ₹4.6 L/yr
10 years (25 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr

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From

Assistant Manager

₹

Lakhs/yr

0 - 10 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Assistant Manager 0 - 10 years exp.

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Branch Manager 2 - 18 years exp.

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21% hike

Cluster Manager 8 - 20 years exp.

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44% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Finance

Assistant Manager O&M Salary

(10 salaries)

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₹3 L/yr - ₹4 L/yr

Department Manager Salary

(AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.7 L/yr

Assistant Branch Manager Salary

(187 salaries)

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₹2 L/yr - ₹7.5 L/yr

Operations Manager Salary

(20 salaries)

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₹3 L/yr - ₹6.4 L/yr

Team Manager Salary

(3 salaries)

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₹3.1 L/yr - ₹6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr

Branch Manager Salary

(562 salaries)

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₹1.8 L/yr - ₹7 L/yr

Deputy Manager Salary

(83 salaries)

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₹2.8 L/yr - ₹7.5 L/yr

Sales Manager Salary

(42 salaries)

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₹2.5 L/yr - ₹6.5 L/yr

Relationship Manager Salary

(31 salaries)

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₹2.2 L/yr - ₹4 L/yr

Top skills at Muthoot Finance for Assistant Manager

Gold Loan Branch Operations Banking Branch Handling Relationship Building

Salary related reviews for Muthoot Finance

3.6

Rated by 259 employees for salary & benefits

Assistant Manager in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

4.0

• posted on 28 Jan 2024

3.0

for Salary and Benefits

Likes

Muthoot Finance is a professional company and all the workers working in the company are given timely salary and promotion. Muthoot Finance is a good company for newly joined employees to improve their career.

Promotions - Good

Dislikes

Some time over work load there, othervise is Good.

Assistant Manager in Chandigarh

Full Time

Teaching & Training Department

5.0

• posted on 18 Aug 2017

5.0

for Salary and Benefits

Likes

Its all about lyk job security, salary disbusment at last day of the month and i never found and deviation in the same and also if talk about learing skills its excelent to learning from all seniors and best cordination

Salary - Excellent

+6 more

Dislikes

Nothing

Assistant Manager in Warangal Regional

Sales & Business Development Department

3.0

• posted on 26 May 2022

2.0

for Salary and Benefits

Likes

Salary paid at time....that's it

Job security - Good

Dislikes

No proper response from company regarding salary hikes,no employee benefits such no lunch time,many Sundays also have to work,pressurize employee to fulfill target no matter how,no guarantee of incentives,some incentives will be gud sometimes less don't know why?.....even company policies for resign or notice period not known by employees,they don't know why lots of things happens? Only for job need they are working.....not really a great place to work If yes ....why lots of senior executive's, assistant Managers and branch manager leaving?

Salary - Poor

+2 more

Assistant Manager in Balasore

Marketing & Communication Department

3.0

• posted on 14 Apr 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Team work together we can together we will. Company policies are good and they give good salary hike and bonus every year.

Job security - Good

+3 more

Dislikes

Salary growth different from different staff as a same degination.

Assistant Manager

Other Department

4.0

• posted on 13 Jul 2019

1.0

for Salary and Benefits

Likes

Muthoot Finance Ltd is good company with good values gives salary in sharp last day of every month .

Skill development - Good

+1 more

Dislikes

Muthoot Finance Ltd is good company with good values but higher authorities and auditors spoil the good atmosphere .Manager and bellow grade people work heard and earn money for company ,above manager grade people simply enjoy the fruits and also rule manager and bellow people.If Manager did not done business higher authorities gives pressure him and if manager did business auditors intentionally write complaints on manager even small mistakes also they show in big mirror.With out small deviation on rules in present market we did not done business.

Salary - Bad

+4 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Muthoot Finance?

Assistant Manager salary at Muthoot Finance in India ranges between ₹1.5 Lakhs to ₹5.7 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 52% less than the average Assistant Manager Salary in India. Salary estimates are based on 740 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Assistant Manager at Muthoot Finance is 52% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Muthoot Finance?

Gold Loan, Branch Operations, Banking, Branch Handling and Relationship Building are some of the popular skills required to work as a Assistant Manager at Muthoot Finance India.

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

LIC Housing Finance Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Federal Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Tata Capital Assistant Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
SMFG India Credit Assistant Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
Bharat Financial Inclusion Assistant Manager Salary - ₹1.6 Lakhs to ₹8.3 Lakhs per year

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

PNB Housing Finance Assistant Manager Salary - ₹3.7 Lakhs to ₹8.7 Lakhs per year
L&T Finance Assistant Manager Salary - ₹2.2 Lakhs to ₹9.5 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹2.7 Lakhs to ₹10.4 Lakhs per year
Sundaram Finance Assistant Manager Salary - ₹3.2 Lakhs to ₹8.5 Lakhs per year
Poonawalla Fincorp Assistant Manager Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Muthoot Finance ranges between ₹29,922 per month to ₹31,237 per month in India. The take-home salary calculation is based on the average Muthoot Finance Assistant Manager salary in India which ranges between ₹1.5 Lakhs to ₹5.7 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 40% of the Muthoot Finance Assistant Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 738 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant Manager Salaries

Muthoot Finance Assistant Manager salary in India ranges between ₹1.5 Lakh to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 740 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Assistant Manager salaries in India (Updated 2025)

Companies similar to Muthoot Finance for Assistant Manager

Latest annual salaries shared by Muthoot Finance Assistant Manager

Experience wise Muthoot Finance Assistant Manager salaries

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Assistant Manager

Salary related reviews for Muthoot Finance

Assistant Manager in Bangalore / Bengaluru

Assistant Manager in Chandigarh

Assistant Manager in Warangal Regional

Assistant Manager in Balasore

Assistant Manager

Muthoot Finance Assistant Manager Salary FAQs

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Muthoot Finance Assistant Manager Salaries by Location