Muthoot Finance Assistant Manager- HR Salaries by 30+ Employees (Updated 2025)

2 - 9 years exp.

₹2.2 Lakhs - ₹5.7 Lakhs

Salary of majority employees

30% less than the average Assistant Manager- HR Salary in NBFC Companies for 2 - 9 years of experience

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Last Updated: 20 Feb 2025

Companies similar to Muthoot Finance for Assistant Manager- HR

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Assistant Manager- HR Salary 0 - 6 years exp. (44 salaries)	₹4.5 L/yr - ₹8.9 L/yr 44% more
Asirvad Microfinance Assistant Manager- HR Salary 0 - 8 years exp. (41 salaries)	₹3 L/yr - ₹5 L/yr 30% less
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Bharat Financial Inclusion Assistant Manager- HR Salary 4 - 9 years exp. (39 salaries)	₹4 L/yr - ₹7.5 L/yr 14% more
L&T Finance Assistant Manager- HR Salary 2 - 8 years exp. (31 salaries)	₹4.4 L/yr - ₹7.7 L/yr 26% more
HDB Financial Services Assistant Manager- HR Salary 3 - 8 years exp. (30 salaries)	₹3 L/yr - ₹7 L/yr 22% more
Muthoot Microfin Assistant Manager- HR Salary 1 - 7 years exp. (23 salaries)	₹2.7 L/yr - ₹4 L/yr 41% less
Satin Creditcare Network Assistant Manager- HR Salary 2 - 9 years exp. (20 salaries)	₹4 L/yr - ₹5.5 L/yr 10% less
Shriram Finance Assistant Manager- HR Salary 0 - 11 years exp. (20 salaries)	₹2 L/yr - ₹5 L/yr 35% less
Aavas Financiers Assistant Manager- HR Salary 4 - 8 years exp. (18 salaries)	₹3.4 L/yr - ₹7 L/yr 2% less
Sammaan Capital Limited Assistant Manager- HR Salary 2 - 12 years exp. (17 salaries)	₹3.1 L/yr - ₹8.3 L/yr 18% more
TVS Credit Assistant Manager- HR Salary 3 - 8 years exp. (16 salaries)	₹3.2 L/yr - ₹9.7 L/yr 6% more
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Muthoot Fincorp Assistant Manager- HR Salary 4 - 10 years exp. (11 salaries)	₹3.2 L/yr - ₹6 L/yr 11% less
Mahindra Rural Housing Finance Assistant Manager- HR Salary 5 - 9 years exp. (11 salaries)	₹3.8 L/yr - ₹6 L/yr 4% more
Bajaj Finance Assistant Manager- HR Salary 0 - 9 years exp. (10 salaries)	₹4 L/yr - ₹9 L/yr 25% more
SK Finance Limited Assistant Manager- HR Salary 4 - 9 years exp. (9 salaries)	₹3.6 L/yr - ₹5.8 L/yr 11% less
CreditAccess Grameen Assistant Manager- HR Salary 6 - 11 years exp. (9 salaries)	₹5.1 L/yr - ₹6.5 L/yr 13% more
Sundaram Finance Assistant Manager- HR Salary 6 - 10 years exp. (8 salaries)	₹4.3 L/yr - ₹8.1 L/yr 25% more
IIFL Finance Assistant Manager- HR Salary 4 - 10 years exp. (7 salaries)	₹4 L/yr - ₹5.7 L/yr 11% less
LendingKart Assistant Manager- HR Salary 0 - 8 years exp. (7 salaries)	₹5 L/yr - ₹8 L/yr 46% more
Manappuram Finance Assistant Manager- HR Salary 3 - 7 years exp. (6 salaries)	₹3.1 L/yr - ₹3.8 L/yr 31% less	1 job opening

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Assistant Manager- HR salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹5.7 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 31 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant Manager- HR salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8.6 L/yr
3 years (7 salaries)	₹2.2 L/yr - ₹5 L/yr
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4 years (8 salaries)	₹2.7 L/yr - ₹5 L/yr
5 years (3 salaries)	₹4.1 L/yr - ₹9.1 L/yr
6 years (6 salaries)	₹3.1 L/yr - ₹9.2 L/yr
7 years (3 salaries)	₹3 L/yr - ₹5.7 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.7 L/yr

View all

Similar Designation salaries in Muthoot Finance

Regional HR Manager Salary

(18 salaries)

₹3 L/yr - ₹4.65 L/yr

Deputy Manager HR Salary

(15 salaries)

₹4 L/yr - ₹8 L/yr

Resource Manager Salary

(14 salaries)

₹4.85 L/yr - ₹7.5 L/yr

HR Executive Salary

(14 salaries)

₹2 L/yr - ₹4 L/yr

Deputy Manager Administration Salary

(10 salaries)

₹5 L/yr - ₹7.5 L/yr

HR Manager Salary

(10 salaries)

₹2.8 L/yr - ₹9 L/yr

Administration Executive Salary

(8 salaries)

₹1.8 L/yr - ₹3.9 L/yr

Administration Manager Salary

(7 salaries)

₹5.5 L/yr - ₹6.6 L/yr

Assistant Manager Hrbp Salary

(5 salaries)

₹4.3 L/yr - ₹4.7 L/yr

HR Executive Recruiter Salary

(5 salaries)

₹2.33 L/yr - ₹3 L/yr

Top skills at Muthoot Finance for Assistant Manager- HR

Recruitment HR Bulk Hiring Human Resource Management Staffing Joining Formalities Talent Management Employee Relations Talent Acquisition Campus Hiring Lateral Hiring Mass Hiring Employee Engagement Employee Retention Payroll

Salary related reviews for Muthoot Finance

4.8

Rated by 4 employees for salary & benefits

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.

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

Skill development - Bad

+5 more

Relationship Executive in Howrah

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Dec 2024

2.0

for Salary and Benefits

Likes

The one and only thing is good that they pay the salary on time. But the salary is very low compared to their competitors.

Dislikes

Nothing is good in the company. The regional office staff will not help you when you face some problems. When you join the company they will tell you that it's a 9-6 job but in reality it is 9-7:30 job or beyond. Create senseless pressure by the management. Even they forcefully work you on "SUNDAY". That means there are no holiday. Think 100 times before join this company.

Salary - Poor

+5 more

Junior Relationship Executive in New Delhi

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.

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.

Salary - Poor

+4 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

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

Promotions - Poor

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Finance Assistant Manager- HR Salary FAQs

What is the salary of Assistant Manager- HR at Muthoot Finance ?

The average salary of a Assistant Manager- HR at Muthoot Finance in India typically ranges from ₹2.2 Lakhs to ₹5.7 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Assistant Manager- HR at Muthoot Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Assistant Manager- HR 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 30+ Muthoot Finance employees in India.

What is the estimated take home salary of a Assistant Manager- HR at Muthoot Finance in India?

The estimated take-home salary of a Assistant Manager- HR at Muthoot Finance in India typically ranges from ₹38,165 to ₹39,358 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.7 Lakhs per year for employees with experience ranging from 2 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 30+ 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- HR at Muthoot Finance ?

To be a Assistant Manager- HR at Muthoot Finance in india, the key skills required include:

- Recruitment
- HR
- Bulk Hiring
- Human Resource Management
- Staffing

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- HR in India?

SMFG India Credit	₹5.0 Lakhs to ₹10.3 Lakhs per year
LendingKart	₹5.0 Lakhs to ₹8.0 Lakhs per year
Mahindra Finance	₹4.5 Lakhs to ₹8.9 Lakhs per year
L&T Finance	₹4.4 Lakhs to ₹7.7 Lakhs per year
Bajaj Finance	₹4.0 Lakhs to ₹9.0 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- HR in companies similar to Muthoot Finance in India?

The salary of a Assistant Manager- HR at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sundaram Finance	₹4.3 Lakhs to ₹8.1 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹7.0 Lakhs per year
Sammaan Capital Limited	₹3.1 Lakhs to ₹8.3 Lakhs per year
Bharat Financial Inclusion	₹4.0 Lakhs to ₹7.5 Lakhs per year
CreditAccess Grameen	₹5.1 Lakhs to ₹6.5 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- HR at Muthoot Finance in India?

The salary growth for a Assistant Manager- HR at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Assistant Manager- HR can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
2 years	₹2.4 Lakhs to ₹8.6 Lakhs per year
3 years	₹2.2 Lakhs to ₹5.0 Lakhs per year
4 years	₹2.7 Lakhs to ₹5.0 Lakhs per year
5 years	₹4.1 Lakhs to ₹9.1 Lakhs per year

and so on.

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Muthoot Finance Assistant Manager- HR Salaries

Muthoot Finance Assistant Manager- HR salary in India ranges between ₹2.2 Lakhs to ₹5.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Muthoot Finance latest salaries received from various employees of Muthoot Finance.