Muthoot Finance Chennai Assistant Manager 1 Salaries by 6 Employees (Updated 2024)

2 - 6 years exp.

₹3 Lakhs - ₹4.5 Lakhs

Salary of majority employees

At par with the average Assistant Manager 1 Salary in NBFC Companies for 2 - 6 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager 1 Salary 2 - 5 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr
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Customer Success, Service & Operations Assistant Manager 1 Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4 L/yr

Last Updated: 16 Aug 2024

Companies similar to Muthoot Finance for Assistant Manager 1 in Chennai

Muthoot Finance Assistant Manager 1 Salary

2 - 6 years exp. (6 salaries)

₹3 L/yr - ₹4.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager 1 Salary 3 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹3.9 L/yr 1% more
ICICI Bank Assistant Manager 1 Salary 0 - 4 years exp. (19 salaries)	₹2 L/yr - ₹3.5 L/yr 9% less
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Kotak Mahindra Bank Assistant Manager 1 Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.5 L/yr 10% less
HDB Financial Services Assistant Manager 1 Salary 2 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.1 L/yr 45% less
Equitas Small Finance Bank Assistant Manager 1 Salary 1 - 7 years exp. (10 salaries)	₹2.5 L/yr - ₹4 L/yr 5% less

Assistant Manager 1 salary at Muthoot Finance ranges between ₹3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant Manager 1 salaries in Chennai

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹6.5 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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4 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.4 L/yr
5 years (3 salaries)	₹1.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(86 salaries)

₹2.35 L/yr - ₹7 L/yr

Sales Manager Salary

(4 salaries)

₹3.65 L/yr - ₹6 L/yr

Deputy Manager Salary

(4 salaries)

₹4.4 L/yr - ₹5.75 L/yr

Operations Manager Salary

(4 salaries)

₹3.4 L/yr - ₹6 L/yr

Assistant Branch Manager Salary

(3 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Top skills at Muthoot Finance for Assistant Manager 1

Gold Loan Branch Handling Relationship Building

Salary related reviews for Muthoot Finance

Rated by 1 employees for salary & benefits

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

Dislikes

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

Branch Manager in New Delhi

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

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.

Deputy Manager in Bhubaneswar

Full Time

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

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Muthoot Finance Chennai?

Assistant Manager 1 salary at Muthoot Finance in Chennai ranges between ₹3.0 Lakhs to ₹4.5 Lakhs for experience between 2 years to 6 years. According to our estimates it is 3% more than the average Assistant Manager 1 Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance Chennai.

How does the salary of a Assistant Manager 1 at Muthoot Finance Chennai compare with the average salary range for this job?

The average salary of a Assistant Manager 1 at Muthoot Finance is 3% more than the average salary of a Assistant Manager 1 in Chennai. 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 Chennai.

Which similar companies are paying more than Muthoot Finance to a Assistant Manager 1 in Chennai?

HDFC Bank Assistant Manager 1 Salary - ₹3.5 Lakhs to ₹3.9 Lakhs per year

What is the salary of a Assistant Manager 1 in companies similar to Muthoot Finance in Chennai?

Equitas Small Finance Bank Assistant Manager 1 Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
ICICI Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹2.1 Lakhs per year

What is the estimated take home salary of a Assistant Manager 1 at Muthoot Finance in Chennai?

The estimated take-home salary of a Assistant Manager 1 at Muthoot Finance ranges between ₹27,034 per month to ₹28,442 per month in Chennai. The take-home salary calculation is based on the average Muthoot Finance Assistant Manager 1 salary in India which ranges between ₹3.0 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager 1 at Muthoot Finance in Chennai?

According to AmbitionBox, 80% of the Muthoot Finance Assistant Manager 1s in Chennai reported a notice period of 3 Months, 20% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant Manager 1 Salaries in Chennai

Muthoot Finance Assistant Manager 1 salary in Chennai ranges between ₹3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Finance latest salaries received from various employees of Muthoot Finance.