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Muthoot Finance

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Muthoot Finance Assistant Manager 1 salaries in Chennai

Annual salary range
2 - 6 years exp.
₹3 Lakhs - ₹4.5 Lakhs
Salary of majority employees
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8% more than 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)
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₹3 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Assistant Manager 1 Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.2 L/yr

Last Updated: 16 Aug 2024

Companies similar to Muthoot Finance for Assistant Manager 1 in Chennai

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Muthoot Finance Assistant Manager 1 Salary

2 - 6 years exp. (6 salaries)

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₹3 L/yr - ₹4.5 L/yr

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

3 - 6 years exp. (4 salaries)

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₹3.5 L/yr - ₹3.7 L/yr

arrow icon 11% less
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ICICI Bank Assistant Manager 1 Salary

0 - 4 years exp. (18 salaries)

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₹2 L/yr - ₹3.5 L/yr

arrow icon 14% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 19% less
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₹2.5 L/yr - ₹4.6 L/yr

arrow icon 9% less
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₹6 L/yr - ₹9.5 L/yr

arrow icon 84% more
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.

Latest annual salaries shared by Muthoot Finance Assistant Manager 1 in Chennai

6mo ago
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5 years exp.
10mo ago
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5 years exp.
1y ago
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4 years exp.
1y ago
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2 years exp.
1y ago
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5 years exp.

Experience wise Muthoot Finance Assistant Manager 1 salaries in Chennai

Last Updated: 16 Aug 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹3 L/yr - ₹7 L/yr
3 years (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.6 L/yr - ₹4.4 L/yr
5 years  (3 salaries)

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₹4 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹4 L/yr - ₹7.5 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(89 salaries)
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₹2.35 L/yr - ₹7 L/yr
Sales Manager Salary
(5 salaries)
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₹3.65 L/yr - ₹6 L/yr
Deputy Manager Salary
(4 salaries)
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₹4.4 L/yr - ₹5.75 L/yr
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₹3.4 L/yr - ₹6 L/yr
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₹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

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Rated by 1 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
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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 8% 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 8% 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?
  • TVS Sundram Fasteners Assistant Manager 1 Salary - ₹6.0 Lakhs to ₹9.5 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 ₹4.6 Lakhs per year
  • HDFC Bank Assistant Manager 1 Salary - ₹3.5 Lakhs to ₹3.7 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
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 ₹29,429 per month to ₹30,801 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, 100% of the Muthoot Finance Assistant Manager 1s in Chennai reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

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