Muthoot Finance Assistant Manager Salaries by 600+ Employees (Updated 2025)

0 - 10 years exp.

₹1.5 Lakh - ₹5.7 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

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. (244 salaries)	₹1.8 L/yr - ₹5.4 L/yr
BFSI, Investments & Trading Assistant Manager Salary 0 - 10 years exp. (111 salaries)	₹2.2 L/yr - ₹5.7 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 0 - 10 years exp. (105 salaries)	₹1.8 L/yr - ₹5 L/yr
Sales & Business Development Assistant Manager Salary 0 - 8 years exp. (35 salaries)	₹2.2 L/yr - ₹5.6 L/yr

Last Updated: 31 Mar 2025

Companies similar to Muthoot Finance for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Manager Salary 0 - 11 years exp. (1.4k salaries)	₹1.2 L/yr - ₹8 L/yr 13% more	544 job openings
IIFL Finance Assistant Manager Salary 0 - 11 years exp. (698 salaries)	₹2.2 L/yr - ₹6.5 L/yr 7% less
Login to view exact salary
HDB Financial Services Assistant Manager Salary 1 - 13 years exp. (537 salaries)	₹1.7 L/yr - ₹7.8 L/yr 9% more
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (510 salaries)	₹1.6 L/yr - ₹6 L/yr 7% less	2 job openings
Manappuram Finance Assistant Manager Salary 0 - 7 years exp. (400 salaries)	₹1 L/yr - ₹6.5 L/yr 14% less	5 job openings
L&T Finance Assistant Manager Salary 1 - 10 years exp. (306 salaries)	₹2 L/yr - ₹10 L/yr 40% more
Sundaram Finance Assistant Manager Salary 0 - 10 years exp. (250 salaries)	₹2.6 L/yr - ₹7.7 L/yr 35% more	2 job openings
Kotak Mahindra Prime Assistant Manager Salary 1 - 8 years exp. (246 salaries)	₹2 L/yr - ₹5 L/yr 8% less
Mahindra Finance Assistant Manager Salary 4 - 10 years exp. (194 salaries)	₹2.2 L/yr - ₹9.7 L/yr 30% more
TVS Credit Assistant Manager Salary 1 - 11 years exp. (231 salaries)	₹3 L/yr - ₹8.5 L/yr 29% more

View all

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 681 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Manager

2d ago

₹4.3 Lakhs

10 years exp.

3d ago

₹5 Lakhs

8 years exp.

1w ago

₹3.4 Lakhs

4 years exp.

2w ago

₹3 Lakhs

2 years exp.

2w ago

₹5 Lakhs

5 years exp.

2w ago

3 years exp.

2w ago

8 years exp.

2w ago

3 years exp.

2w ago

3 years exp.

2w ago

2 years exp.

Experience wise Muthoot Finance Assistant Manager salaries

Last Updated: 31 Mar 2025

Experience	Avg Annual Salary
Fresher (16 salaries)	₹2.2 L/yr - ₹4.8 L/yr
1 year (45 salaries)	₹1.7 L/yr - ₹5 L/yr
Login to view exact salary
2 years (80 salaries)	₹1.5 L/yr - ₹5 L/yr
3 years (117 salaries)	₹2 L/yr - ₹5.3 L/yr
4 years (120 salaries)	₹2 L/yr - ₹5 L/yr
5 years (118 salaries)	₹2 L/yr - ₹5.5 L/yr
6 years (92 salaries)	₹2.1 L/yr - ₹5.6 L/yr
7 years (32 salaries)	₹2.1 L/yr - ₹5.7 L/yr
8 years (24 salaries)	₹2.2 L/yr - ₹5.5 L/yr
9 years (15 salaries)	₹2.6 L/yr - ₹4.6 L/yr
10 years (22 salaries)	₹2.5 L/yr - ₹5 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 10 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Assistant Manager 0 - 10 years exp.

Branch Manager 2 - 18 years exp.

21% hike

Cluster Manager 8 - 20 years exp.

40% 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

(11 salaries)

₹2.6 L/yr - ₹4 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Assistant Branch Manager Salary

(186 salaries)

₹2.4 L/yr - ₹7 L/yr

Operations Manager Salary

(20 salaries)

₹3 L/yr - ₹6.4 L/yr

Team Manager Salary

(3 salaries)

₹3.1 L/yr - ₹6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Branch Manager Salary

(585 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(93 salaries)

₹3 L/yr - ₹8.9 L/yr

Sales Manager Salary

(43 salaries)

₹2 L/yr - ₹6.5 L/yr

Relationship Manager Salary

(27 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Top skills at Muthoot Finance for Assistant Manager

Gold Loan Gold Loan Private Banking Branch Operations Relationship Building

Salary related reviews for Muthoot Finance

3.6

Rated by 265 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

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

98 participants . expiring in 2d

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Muthoot Finance Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Muthoot Finance ?

The average salary of a Assistant Manager at Muthoot Finance in India typically ranges from ₹1.5 Lakhs to ₹5.7 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Assistant Manager at Muthoot Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. Assistant 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 600+ Muthoot Finance employees in India.

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 in India typically ranges from ₹30,196 to ₹31,507 per month. This is based on the average salary range of ₹1.5 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from Fresher to 10 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 600+ 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 Assistant Manager at Muthoot Finance ?

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

- Gold Loan
- Gold Loan
- Private Banking
- Branch Operations
- Relationship Building

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 Assistant Manager in India?

SMFG India Credit	₹2.0 Lakhs to ₹12.0 Lakhs per year
LendingKart	₹3.2 Lakhs to ₹8.3 Lakhs per year
Bharat Financial Inclusion	₹2.0 Lakhs to ₹8.3 Lakhs per year
Sammaan Capital Limited	₹2.9 Lakhs to ₹10.4 Lakhs per year
CreditAccess Grameen	₹1.7 Lakhs to ₹9.5 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 Assistant Manager in companies similar to Muthoot Finance in India?

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

L&T Finance	₹2.0 Lakhs to ₹10.0 Lakhs per year
PNB Housing Finance	₹3.0 Lakhs to ₹8.5 Lakhs per year
Poonawalla Fincorp	₹3.0 Lakhs to ₹8.6 Lakhs per year
Sundaram Finance	₹2.6 Lakhs to ₹7.7 Lakhs per year
Mahindra Finance	₹2.2 Lakhs to ₹9.7 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 at Muthoot Finance in India?

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

Experience	Average Salary Range
Fresher	₹2.2 Lakhs to ₹4.8 Lakhs per year
1 year	₹1.7 Lakhs to ₹5.0 Lakhs per year
2 years	₹1.5 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.3 Lakhs per year

and so on.

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Muthoot Finance Assistant Manager Salaries by Location

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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 681 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

Tell us how to improve this page.

Muthoot Finance Assistant Manager Salaries by Location