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3.6

based on 5.2k Reviews

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Muthoot Finance Assistant Manager 1 salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
2 - 4 years exp.
₹2.4 Lakhs - ₹4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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17% less than the average Assistant Manager 1 Salary in NBFC Companies for 2 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Assistant Manager 1 Salary
2 - 4 years exp. (4 salaries)
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₹3.3 L/yr - ₹4 L/yr

Sales & Business Development
Assistant Manager 1 Salary
2 - 4 years exp. (3 salaries)
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₹2.4 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Assistant Manager 1 Salary
3 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹3.7 L/yr

Last Updated: 22 Mar 2025

Companies similar to Muthoot Finance for Assistant Manager 1 in Bangalore / Bengaluru

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Muthoot Finance Assistant Manager 1 Salary

2 - 4 years exp. (8 salaries)
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₹2.4 L/yr - ₹4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Assistant Manager 1 Salary

1 - 5 years exp. (16 salaries)
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₹2 L/yr - ₹5 L/yr

At par
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Zerodha Assistant Manager 1 Salary

1 - 6 years exp. (15 salaries)
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₹4.5 L/yr - ₹4.5 L/yr

arrow icon 28% more
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Kotak Mahindra Bank Assistant Manager 1 Salary

0 - 7 years exp. (15 salaries)
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₹2.2 L/yr - ₹4.2 L/yr

arrow icon 8% less
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HDFC Bank Assistant Manager 1 Salary

2 - 4 years exp. (6 salaries)
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₹3.2 L/yr - ₹4 L/yr

arrow icon 3% less
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EY Global Delivery Services ( EY GDS) Assistant Manager 1 Salary

0 - 5 years exp. (5 salaries)
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₹16.2 L/yr - ₹23 L/yr

arrow icon 399% more
Assistant Manager 1 salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹4 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Manager 1 in Bangalore / Bengaluru

2w ago
₹4 Lakhs
4 years exp.
3mo ago
₹3.3 Lakhs
4 years exp.
9mo ago
₹4 Lakhs
3 years exp.
1y ago
₹4 Lakhs
2 years exp.
1y ago
₹3.3 Lakhs
3 years exp.

Experience wise Muthoot Finance Assistant Manager 1 salaries in Bangalore / Bengaluru

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹3.9 L/yr
3 years  (3 salaries)

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

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₹2.4 L/yr - ₹4 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(83 salaries)
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₹2.5 L/yr - ₹7 L/yr
Assistant Branch Manager Salary
(11 salaries)
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₹2.55 L/yr - ₹5 L/yr
Deputy Manager Salary
(6 salaries)
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₹5 L/yr - ₹6.2 L/yr
Assistant Manager O&M Salary
(4 salaries)
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₹3.75 L/yr - ₹4 L/yr
Sales Manager Salary
(3 salaries)
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₹3.85 L/yr - ₹5.25 L/yr
Relationship Manager Salary
(3 salaries)
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₹2.35 L/yr - ₹2.8 L/yr

Top skills at Muthoot Finance for Assistant Manager 1

Relationship Building Gold Loan

Salary related reviews for Muthoot Finance

Assistant Manager 1 in Andhrapradesh

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

Team Manager in Bangalore / Bengaluru

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 18 Feb 2025
2.0
 for  Salary and Benefits

Likes

Getting salary on 30th of every month.

Dislikes

1- Very low salary , 2- Hypocrite attitude of senior level employees 3- HR is a comedy , even if you are resigning also they not even call you to understand the issue there is no exit interview at all. They started working after 5:30 PM only to show the management that we are working more hours , till 5 PM they are enjoying by distributing snaks going out etc ... 4- HR give promotion just for the sake and send you to another location by giving only 2K salary hike. while your expenses jumped to 10k and responsibility also , finally your promotion got waste. People fear to take promotions here. 5 -very bad family insurance , only 1 lakh and there is no parent insurance option.

read more
  • Salary - Poor
    • +5 more

Assistant Branch Manager in New Delhi

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

Sales Manager in Kochi

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

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

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
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Muthoot Finance Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Muthoot Finance in Bangalore / Bengaluru?
The average salary of a Assistant Manager 1 at Muthoot Finance in Bangalore / Bengaluru typically ranges from ₹2.4 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Assistant Manager 1 in Bangalore / Bengaluru at Muthoot Finance earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Assistant Manager 1 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 8 Muthoot Finance employees in India.
What is the estimated take home salary of a Assistant Manager 1 at Muthoot Finance in Bangalore / Bengaluru?
The estimated take-home salary of a Assistant Manager 1 at Muthoot Finance in Bangalore / Bengaluru typically ranges from ₹25,604 to ₹27,034 per month. This is based on the average salary range of ₹2.4 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 2 years to 4 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 8 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 1 at Muthoot Finance in Bangalore / Bengaluru?
To be a Assistant Manager 1 at Muthoot Finance in Bangalore / Bengaluru, the key skills required include:

  • - Relationship Building
  • - Gold Loan

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 1 in India?
EY Global Delivery Services ( EY GDS) ₹16.2 Lakhs to ₹23.0 Lakhs per year
Zerodha ₹4.5 Lakhs to ₹4.5 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 1 in companies similar to Muthoot Finance in Bangalore / Bengaluru?
The salary of a Assistant Manager 1 at companies similar to Muthoot Finance in Bangalore / Bengaluru varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹2.0 Lakhs to ₹5.0 Lakhs per year
HDFC Bank ₹3.2 Lakhs to ₹4.0 Lakhs per year
Kotak Mahindra Bank ₹2.2 Lakhs to ₹4.2 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 1 at Muthoot Finance in Bangalore / Bengaluru?
The salary growth for a Assistant Manager 1 at Muthoot Finance in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 in Bangalore / Bengaluru can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
2 years ₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years ₹3.0 Lakhs to ₹4.0 Lakhs per year
4 years ₹2.4 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Assistant Manager 1 salary in Bangalore / Bengaluru ranges between ₹2.4 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Muthoot Finance latest salaries received from various employees of Muthoot Finance.