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Muthoot Finance Assistant Manager 1 salaries in India (Updated 2025)

Annual salary range
1 - 6 years exp.
₹2.4 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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21% less than the average Assistant Manager 1 Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Manager 1 Salary
1 - 6 years exp. (13 salaries)
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₹2.8 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Assistant Manager 1 Salary
1 - 6 years exp. (6 salaries)
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₹3 L/yr - ₹4 L/yr

Sales & Business Development
Assistant Manager 1 Salary
2 - 4 years exp. (6 salaries)
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₹2.4 L/yr - ₹4 L/yr

BFSI, Investments & Trading
Assistant Manager 1 Salary
3 - 6 years exp. (3 salaries)
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₹2.6 L/yr - ₹3.8 L/yr

Engineering - Software & QA
Assistant Manager 1 Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.6 L/yr

Last Updated: 9 Feb 2025

Companies similar to Muthoot Finance for Assistant Manager 1

Company name Avg Annual Salary Open Jobs
Logo
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₹2.3 L/yr - ₹4.2 L/yr

arrow icon 4% less
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Bajaj Finance Assistant Manager 1 Salary

3 - 8 years exp. (4 salaries)

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₹3.5 L/yr - ₹4.8 L/yr

arrow icon 12% more
Logo
HDFC Bank Assistant Manager 1 Salary

1 - 6 years exp. (57 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 4% less
Logo
ICICI Bank Assistant Manager 1 Salary

0 - 4 years exp. (258 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 4% less
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Axis Bank Assistant Manager 1 Salary

0 - 4 years exp. (38 salaries)

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₹2.5 L/yr - ₹5 L/yr

arrow icon 5% more
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Kotak Mahindra Bank Assistant Manager 1 Salary

0 - 6 years exp. (145 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 8% less
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IIFL Finance Assistant Manager 1 Salary

3 - 10 years exp. (5 salaries)

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₹3.2 L/yr - ₹3.8 L/yr

arrow icon 4% less
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₹2 L/yr - ₹2.3 L/yr

arrow icon 40% less
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₹3 L/yr - ₹4.2 L/yr

arrow icon 1% less
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₹5.2 L/yr - ₹6 L/yr

arrow icon 45% more
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Sundaram Finance Assistant Manager 1 Salary

0 - 5 years exp. (4 salaries)

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₹4.2 L/yr - ₹7.6 L/yr

arrow icon 70% more
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₹2.1 L/yr - ₹3 L/yr

arrow icon 28% less
Assistant Manager 1 salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 32 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Manager 1

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3 years exp.
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Experience wise Muthoot Finance Assistant Manager 1 salaries

Last Updated: 9 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.2 L/yr - ₹3.6 L/yr
2 years  (4 salaries)

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₹3 L/yr - ₹4 L/yr
3 years  (11 salaries)

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₹2.4 L/yr - ₹4 L/yr
4 years  (7 salaries)

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₹2.4 L/yr - ₹4.4 L/yr
5 years  (5 salaries)

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₹2.8 L/yr - ₹4.5 L/yr
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Similar Designation salaries in Muthoot Finance

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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
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₹2 L/yr - ₹7 L/yr
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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
(557 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(86 salaries)
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₹3.5 L/yr - ₹9.08 L/yr
Sales Manager Salary
(43 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
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₹2 L/yr - ₹4 L/yr

Top skills at Muthoot Finance for Assistant Manager 1

Gold Loan Branch Handling Relationship Building
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Salary related reviews for Muthoot Finance

4.2

Rated by 7 employees for salary & benefits

Customer Success, Service & Operations Department

3.0
  •  posted on 10 Apr 2022

5.0
 for  Salary and Benefits

Likes

Muthoot finance company is good but career growth slow and work culture is good and salary growth not is their so that's why I will choose banking sector sir

read more
  • Salary - Excellent
  • +6 more

Dislikes

Salary is not given more and career growth also slow and leave also not given in bm and rms

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 30 Jan 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

Bahut kam salary hai and bahut jayada work pressure dete hain bilkul chindi company hai and koi job security nahi hai hamesha dar laga rahta hai job ka and fraud ka agar koi bhi fraud ho jaye to tumhe paise dene padenge.and management bhi sabko chor samajhti hai.badhua mazdoor ki tarah kaam lete hai.raat ko 8 baje tak kaam lete hain subha 1 min bhi late ho jaao to salary kaat lete hain.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Jan 2025

3.0
 for  Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

read more
  • Skill development - Bad
  • +5 more

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

read more
  • 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

read more
  • Promotions - Poor

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

read more
  • Salary - Good
  • +2 more

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.

read more
  • Job security - Bad
  • +3 more
see more salary related reviews

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Muthoot Finance Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Muthoot Finance?
Assistant Manager 1 salary at Muthoot Finance in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs for experience between 1 years to 6 years. According to our estimates it is 21% less than the average Assistant Manager 1 Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Assistant Manager 1 at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Assistant Manager 1 at Muthoot Finance is 21% less than the average salary of a Assistant Manager 1 in India. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Manager 1 at Muthoot Finance?
Gold Loan, Branch Handling and Relationship Building are some of the popular skills required to work as a Assistant Manager 1 at Muthoot Finance India.
Which similar companies are paying more than Muthoot Finance to a Assistant Manager 1 in India?
  • Sundaram Finance Assistant Manager 1 Salary - ₹4.2 Lakhs to ₹7.6 Lakhs per year
  • PNB Housing Finance Assistant Manager 1 Salary - ₹5.2 Lakhs to ₹6.0 Lakhs per year
  • Bajaj Finance Assistant Manager 1 Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
  • Axis Bank Assistant Manager 1 Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
What is the salary of a Assistant Manager 1 in companies similar to Muthoot Finance in India?
  • Kotak Mahindra Prime Assistant Manager 1 Salary - ₹3.0 Lakhs to ₹4.2 Lakhs per year
  • ICICI Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • Manappuram Finance Assistant Manager 1 Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
  • IIFL Finance Assistant Manager 1 Salary - ₹3.2 Lakhs to ₹3.8 Lakhs per year
  • HDFC Bank Assistant Manager 1 Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
What is the estimated take home salary of a Assistant Manager 1 at Muthoot Finance in India?
The estimated take-home salary of a Assistant Manager 1 at Muthoot Finance ranges between ₹26,005 per month to ₹27,429 per month in India. The take-home salary calculation is based on the average Muthoot Finance Assistant Manager 1 salary in India which ranges between ₹2.4 Lakhs to ₹4.5 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager 1 at Muthoot Finance?
According to AmbitionBox, 68% of the Muthoot Finance Assistant Manager 1s reported a notice period of 3 Months, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 41 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant Manager 1 salary in India ranges between ₹2.4 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

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