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Muthoot Finance

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3.6

based on 4.8k Reviews

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Muthoot Finance Assistant Manager 1 salaries in India

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
2 - 6 years exp. (11 salaries)
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₹3 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. (4 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 - ₹3.3 L/yr

Last Updated: 16 Dec 2024

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 12% 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 - ₹4.5 L/yr

arrow icon 12% more
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HDFC Bank Assistant Manager 1 Salary

1 - 6 years exp. (54 salaries)

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₹2.5 L/yr - ₹4.5 L/yr

arrow icon 1% less
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ICICI Bank Assistant Manager 1 Salary

0 - 4 years exp. (246 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 3% less
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Axis Bank Assistant Manager 1 Salary

0 - 4 years exp. (35 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. (154 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 9% less
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IIFL Finance Assistant Manager 1 Salary

3 - 11 years exp. (5 salaries)

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₹3.2 L/yr - ₹3.8 L/yr

arrow icon 3% less
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₹2 L/yr - ₹2.3 L/yr

arrow icon 40% less
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₹3 L/yr - ₹5.5 L/yr

arrow icon 7% more
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₹5.2 L/yr - ₹6 L/yr

arrow icon 47% 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 73% more
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₹2.1 L/yr - ₹3 L/yr

arrow icon 27% 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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Experience wise Muthoot Finance Assistant Manager 1 salaries

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.4 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  (8 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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₹2.6 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 - ₹7.47 L/yr
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₹2.05 L/yr - ₹7.5 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
(524 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(81 salaries)
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₹3.6 L/yr - ₹8.9 L/yr
Sales Manager Salary
(30 salaries)
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₹3 L/yr - ₹6.3 L/yr
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₹2 L/yr - ₹3.5 L/yr

Top skills at Muthoot Finance for Assistant Manager 1

Gold Loan Branch Handling Relationship Building

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

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

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

Dislikes

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

read more

Full Time

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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

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

Full Time

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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

read more

Full Time

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Sales & Business Development Department

2.0
  •  posted on 06 May 2023

2.0
 for  Salary and Benefits

Likes

I like about working at muthoot finance some policies are good..

Dislikes

I just share my review for muthoot finance there is some policies are not favour of staff like salary, promotion and leaves and holidays. There is old staff future is not bright because they are taking a lots of time for promotion and also salary is very low is this inflation time and new staff and old staff salary is mostly same.. there is second and fourth saturday is also working when most of the banks and NBFC is closed, festival holiday is so low.. so its not my request that is all staff request please understand the whole staff needs who working in muthoot finance ..some times they give the pressure to staff.. They have submitted the all staff original documents like marksheet so thats not correct..

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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 ₹4.5 Lakhs per year
  • Kotak Mahindra Prime Assistant Manager 1 Salary - ₹3.0 Lakhs to ₹5.5 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?
  • HDFC Bank Assistant Manager 1 Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
  • IIFL Finance Assistant Manager 1 Salary - ₹3.2 Lakhs to ₹3.8 Lakhs per year
  • ICICI Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindra Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
  • Manappuram Finance Assistant Manager 1 Salary - ₹2.3 Lakhs to ₹4.2 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 ₹25,600 per month to ₹27,030 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, 60% of the Muthoot Finance Assistant Manager 1s reported a notice period of 3 Months, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 43 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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.