Upload Button Icon Add office photos
Premium Employer

i

This company page is being actively managed by Muthoot Finance Team. If you also belong to the team, you can get access from here

Muthoot Finance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Muthoot Finance Assistant Manager Finance salaries in India

Annual salary range
6 - 9 years exp.
₹2.5 Lakhs - ₹5.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

68% less than the average Assistant Manager Finance Salary in NBFC Companies for 6 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Assistant Manager Finance Salary
6 - 9 years exp. (5 salaries)
unlock-blur

₹2.9 L/yr - ₹5.5 L/yr

BFSI, Investments & Trading
Assistant Manager Finance Salary
6 - 7 years exp. (AmbitionBox Estimate)
unlock-blur

₹2.5 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Assistant Manager Finance Salary
8 - 9 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.1 L/yr - ₹3.9 L/yr

Last Updated: 31 May 2024

Companies similar to Muthoot Finance for Assistant Manager Finance

Company name Avg Annual Salary Open Jobs
Logo
Bajaj Finance Assistant Manager Finance Salary

2 - 14 years exp. (13 salaries)

unlock blur

₹4 L/yr - ₹7.5 L/yr

arrow icon 56% more
Logo
LendingKart Assistant Manager Finance Salary

1 - 4 years exp. (6 salaries)

unlock blur

₹4.5 L/yr - ₹6.2 L/yr

arrow icon 69% more
1 job opening
unlock blur

₹2.1 L/yr - ₹4.6 L/yr

arrow icon 25% less
unlock blur

₹2.4 L/yr - ₹4.1 L/yr

arrow icon 23% more
unlock blur

₹4 L/yr - ₹7 L/yr

arrow icon 69% more
unlock blur

₹1.8 L/yr - ₹4.2 L/yr

arrow icon 26% more
Logo
L&T Finance Assistant Manager Finance Salary

5 - 15 years exp. (5 salaries)

unlock blur

₹4.8 L/yr - ₹7.3 L/yr

arrow icon 59% more
unlock blur

₹3.4 L/yr - ₹6.5 L/yr

arrow icon 19% more
unlock blur

₹2.3 L/yr - ₹6.8 L/yr

arrow icon 57% more
unlock blur

₹4.1 L/yr - ₹7.4 L/yr

arrow icon 71% more
unlock blur

₹3.6 L/yr - ₹6.7 L/yr

arrow icon 62% more
unlock blur

₹3.2 L/yr - ₹5.7 L/yr

arrow icon 29% more
unlock blur

₹0.2 L/yr - ₹3 L/yr

arrow icon 33% less
Logo
TVS Credit Assistant Manager Finance Salary

8 - 12 years exp. (4 salaries)

unlock blur

₹4.5 L/yr - ₹6.4 L/yr

arrow icon 64% more
unlock blur

₹5.4 L/yr - ₹6.4 L/yr

arrow icon 76% more
unlock blur

₹4.4 L/yr - ₹4.5 L/yr

arrow icon 36% more
unlock blur

₹2.2 L/yr - ₹5.5 L/yr

arrow icon 31% more
Assistant Manager Finance salary at Muthoot Finance ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Manager Finance

9mo ago
avg blur mobile
9 years exp.
11mo ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
9 years exp.

Experience wise Muthoot Finance Assistant Manager Finance salaries

Last Updated: 31 May 2024

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)

unlock blur

₹3.3 L/yr - ₹6 L/yr
8 years  (3 salaries)

unlock blur

₹2.9 L/yr - ₹5.5 L/yr
9 years  (3 salaries)

unlock blur

₹2.9 L/yr - ₹5.5 L/yr

Similar Designation salaries in Muthoot Finance

unlock blur
₹1 L/yr - ₹5 L/yr
JRE Salary
(335 salaries)
unlock blur
₹1.3 L/yr - ₹4.5 L/yr
unlock blur
₹1.35 L/yr - ₹4.2 L/yr
Audit Executive Salary
(205 salaries)
unlock blur
₹1.7 L/yr - ₹5 L/yr
unlock blur
₹2 L/yr - ₹4.8 L/yr
Internal Auditor Salary
(116 salaries)
unlock blur
₹1.65 L/yr - ₹5.64 L/yr
unlock blur
₹1.15 L/yr - ₹4.1 L/yr
unlock blur
₹1.2 L/yr - ₹4.4 L/yr
unlock blur
₹1.4 L/yr - ₹3.6 L/yr
Credit Manager Salary
(73 salaries)
unlock blur
₹3 L/yr - ₹7.2 L/yr

Salary related reviews for Muthoot Finance

2.0

Rated by 1 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 28 Sep 2024

1.0
 for  Salary and Benefits

Likes

Their os nothing to like in the company

Dislikes

They are paying nothing or say negligible amount to their employee or their is nothing like overtime in the company even if they force you to stay in the branch till 8 pm in the evening. They force you to stay in the branch after working hour for VC and do other job but pay u nothing for the same . They pay overtime to their guard only so you think what your standard in company. They pressure you to do multiple things but didn’t gave you promotion even you are eligible to get promotion and appraisal in the same department in other companies so you can see the difference by your self. They only love their profit they even not tell what kind and how they calculate about incentive. They just gave you silly replies you have fixed incentive , we have a call centre team they do the hard work but when you raise the same question after a week they are be like you have to do this we will assure you that we will definitely give you incentive but this is again a lie from management. You have to visit branch on holiday even it is holiday declared by company on paper to check branch lock and shutter no security guard deployed on holiday. They will not gave you a single rupee in the form of TA. They open their branch on Sunday or gave you this news just 2-3 hour before you leave the office as per them you doesn’t have any plan or any family to spend time on Sunday. At the end i will like you to share that they thing your a slave or orphan and now few people say why shouldn’t you leave the job their have your original mark-sheet as security or a bond .

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 30 Mar 2024

2.0
 for  Salary and Benefits

Likes

Timely salary and incentives . Company gives chances to freshers.

Dislikes

... be required to stand as security guard whenever guards go to washroom or lunch. You will be required to perform office boy's duty also for an average salary package. Moreover you will be required to sign bond for 2 years that you will not leave the company or else 2 months salary has to be given as compensation. They will also take custody of class 10th original certificate during the tenure of working. 2 months notice period. In the name of fixed incentives new joiners will be bypassed to earn branch business incentives. You will be forced to do some useless follow up calls repeatedly to same customers on holidays and Sundays to annoy the customers to the hell of their anger. Every now and then policy changing, chopping- changing of rules make employees confused infact sometimes without notices. Sometimes branches are kept open on Sundays. You will be forced to maintain some illogical hilarious registers (some 6-7 copies). You will be forced to give service to huge base of customers with 1-2 systems leading to annoyance of the customers. Personal life is badly hampered. Only go for this if really in need of urgent job.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Administration & Facilities Department

3.0
  •  posted on 10 Dec 2024

2.0
 for  Salary and Benefits

Likes

Branch staffs are cooperative. Pressure is low as compared to banks and other NBFCs if your branch has customer walking.

read more
  • Job security - Good
  • +1 more

Dislikes

1.Salary is very low as compared to industry and other companies. 2.RO management are worst. They will not pick your call even if customers is shouting on you for their loan closure. 3.Branch staffs have to listen customers abusive language because they have closed accepting all kinds of online payments and also did not give virtual account to customers on time. 4. RO management staff does not cooperate with branch staffs.They only care about business not about customers and staffs.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Finance & Accounting Department

2.0
  •  posted on 13 Nov 2023

1.0
 for  Salary and Benefits

Likes

I have learned lets of things from the company. I have got an opportunity to work as a JRE in this company. And I have met different types of customers to deal.as a company Muthoot group is the best for gold loan .

read more
  • Company culture - Good

Dislikes

First of all I would like to mention dislike is that about salary and promotion.. I’m working from 2018 to till date but there is no promotion and proper increment also. Sometimes they use to extend the working time and Sunday also open sometimes. I’m facing in this year although I have leave but they didn’t gave leave . And they have rejected my have rejected my leave from REGIONAL OFFICE. There are lots of things that I don’t want to reveal. I have been facing Personal problems (politics ) branch and RO LEVEL

read more
  • Salary - Bad
  • +1 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 13 Jul 2023

4.0
 for  Salary and Benefits

Likes

Better place to work not for Tumkur cluster karnataka ( bl4 ) For carrier good option

  • Salary - Good

Dislikes

...sh to walkin gold loan customer not pledging gold loan in system. On big days Bm and cbm not giving permission to pay gold loan part payment. Cash receved from customer telling system not working we do part payment evening or tomorrow.

read more
  • Promotions - Poor
  • +1 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Muthoot Finance Assistant Manager Finance Salary FAQs

What is the salary of Assistant Manager Finance at Muthoot Finance ?
The average salary of a Assistant Manager Finance at Muthoot Finance in India typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 6 years to 9 years).

The top 10% of Assistant Manager Finance at Muthoot Finance earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Assistant Manager Finance 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 9 Muthoot Finance employees in India.
What is the estimated take home salary of a Assistant Manager Finance at Muthoot Finance in India?
The estimated take-home salary of a Assistant Manager Finance at Muthoot Finance in India typically ranges from ₹23,663 to ₹25,121 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 6 years to 9 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 9 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Muthoot Finance for Assistant Manager Finance in India?
HDB Financial Services ₹5.4 Lakhs to ₹6.4 Lakhs per year
Sundaram Finance ₹4.1 Lakhs to ₹7.4 Lakhs per year
LendingKart ₹4.5 Lakhs to ₹6.2 Lakhs per year
Spandana Sphoorty Financial ₹4.0 Lakhs to ₹7.0 Lakhs per year
TVS Credit ₹4.5 Lakhs to ₹6.4 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 Finance in companies similar to Muthoot Finance in India?
The salary of a Assistant Manager Finance at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp ₹3.6 Lakhs to ₹6.7 Lakhs per year
L&T Finance ₹4.8 Lakhs to ₹7.3 Lakhs per year
SMFG India Credit ₹2.3 Lakhs to ₹6.8 Lakhs per year
Bajaj Finance ₹4.0 Lakhs to ₹7.5 Lakhs per year
Asirvad Microfinance ₹4.4 Lakhs to ₹4.5 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 Finance at Muthoot Finance in India?
The salary growth for a Assistant Manager Finance at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Finance can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
6 years ₹2.5 Lakhs to ₹5.8 Lakhs per year
7 years ₹3.3 Lakhs to ₹6.0 Lakhs per year
8 years ₹2.9 Lakhs to ₹5.5 Lakhs per year
9 years ₹2.9 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Assistant Manager Finance salary in India ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Muthoot Finance latest salaries received from various employees of Muthoot Finance.