Muthoot Finance Chennai Assistant Manager Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹2.2 Lakhs - ₹5 Lakhs

Salary of majority employees

51% less than the average Assistant Manager Salary in NBFC Companies for 0 - 10 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 10 years exp. (29 salaries)	₹2.4 L/yr - ₹4.8 L/yr
Finance & Accounting Assistant Manager Salary 1 - 10 years exp. (27 salaries)	₹2.5 L/yr - ₹4.6 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 1 - 8 years exp. (25 salaries)	₹2.2 L/yr - ₹5 L/yr
Sales & Business Development Assistant Manager Salary 2 - 7 years exp. (9 salaries)	₹2.3 L/yr - ₹5 L/yr

Last Updated: 27 Jan 2025

Companies similar to Muthoot Finance for Assistant Manager in Chennai

Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (110 salaries)

₹2.2 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Manager Salary 0 - 10 years exp. (84 salaries)	₹2 L/yr - ₹6.3 L/yr 16% more
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.3k salaries)	₹2 L/yr - ₹7 L/yr 7% less
Login to view exact salary
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (675 salaries)	₹2 L/yr - ₹5.3 L/yr 2% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (629 salaries)	₹1.3 L/yr - ₹5 L/yr 14% less
Axis Bank Assistant Manager Salary 0 - 9 years exp. (1.1k salaries)	₹1.8 L/yr - ₹6 L/yr At par
Yes Bank Assistant Manager Salary 0 - 11 years exp. (512 salaries)	₹2.5 L/yr - ₹6.1 L/yr 12% more
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (211 salaries)	₹2 L/yr - ₹5 L/yr 4% less	1 job opening
IDFC FIRST Bank Assistant Manager Salary 1 - 10 years exp. (94 salaries)	₹2.9 L/yr - ₹7.1 L/yr 22% more
Federal Bank Assistant Manager Salary 1 - 10 years exp. (54 salaries)	₹5.6 L/yr - ₹15 L/yr 214% more
RBL Bank Assistant Manager Salary 0 - 9 years exp. (81 salaries)	₹2.8 L/yr - ₹5.7 L/yr At par

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Assistant Manager salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 110 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant Manager salaries in Chennai

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.9 L/yr
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2 years (10 salaries)	₹2.3 L/yr - ₹5 L/yr
3 years (13 salaries)	₹2.2 L/yr - ₹4.5 L/yr
4 years (20 salaries)	₹2.2 L/yr - ₹4.6 L/yr
5 years (25 salaries)	₹2.4 L/yr - ₹4.5 L/yr
6 years (18 salaries)	₹2.4 L/yr - ₹5 L/yr
7 years (7 salaries)	₹2.5 L/yr - ₹4.5 L/yr
8 years (6 salaries)	₹3 L/yr - ₹4.8 L/yr
9 years (3 salaries)	₹3 L/yr - ₹4.5 L/yr
10 years (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 10 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Assistant Manager 0 - 10 years exp.

Branch Manager 2 - 18 years exp.

22% hike

Cluster Manager 8 - 20 years exp.

43% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(89 salaries)

₹2.35 L/yr - ₹7 L/yr

Sales Manager Salary

(5 salaries)

₹3.65 L/yr - ₹6 L/yr

Deputy Manager Salary

(4 salaries)

₹4.4 L/yr - ₹5.75 L/yr

Assistant Branch Manager Salary

(4 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Operations Manager Salary

(4 salaries)

₹3.4 L/yr - ₹6 L/yr

Top skills at Muthoot Finance for Assistant Manager

Gold Loan Branch Operations Banking Branch Handling Relationship Building

Salary related reviews for Muthoot Finance

3.2

Rated by 16 employees for salary & benefits

Assistant Manager in Chennai

Assistant Department

2.0

• posted on 08 Aug 2017

for Salary and Benefits

Likes

On time salary,training,healty competition among branches,helping senior colleagues

Dislikes

Every one considered as a sales person even female executive s (degree holders)are requested to distribute pamphlets in roadsides which is more disgusting.No more career growth.induvidual works are not recognise d only sales skill is required.person who are not interested in sales kindly ignore this job.

Skill development - Poor

+1 more

Assistant Manager in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

4.0

• posted on 28 Jan 2024

3.0

for Salary and Benefits

Likes

Muthoot Finance is a professional company and all the workers working in the company are given timely salary and promotion. Muthoot Finance is a good company for newly joined employees to improve their career.

Promotions - Good

Dislikes

Some time over work load there, othervise is Good.

Assistant Manager in Chandigarh

Full Time

Teaching & Training Department

5.0

• posted on 18 Aug 2017

5.0

for Salary and Benefits

Likes

Its all about lyk job security, salary disbusment at last day of the month and i never found and deviation in the same and also if talk about learing skills its excelent to learning from all seniors and best cordination

Salary - Excellent

+6 more

Dislikes

Nothing

Assistant Manager in Warangal Regional

Sales & Business Development Department

3.0

• posted on 26 May 2022

2.0

for Salary and Benefits

Likes

Salary paid at time....that's it

Job security - Good

Dislikes

No proper response from company regarding salary hikes,no employee benefits such no lunch time,many Sundays also have to work,pressurize employee to fulfill target no matter how,no guarantee of incentives,some incentives will be gud sometimes less don't know why?.....even company policies for resign or notice period not known by employees,they don't know why lots of things happens? Only for job need they are working.....not really a great place to work If yes ....why lots of senior executive's, assistant Managers and branch manager leaving?

Salary - Poor

+2 more

Assistant Manager in Balasore

Marketing & Communication Department

3.0

• posted on 14 Apr 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Team work together we can together we will. Company policies are good and they give good salary hike and bonus every year.

Job security - Good

+3 more

Dislikes

Salary growth different from different staff as a same degination.

see more salary related reviews

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What people are saying about Muthoot Finance

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a cluster manager

DSA Sales Manager Personal loans.

Exciting Opportunity Alert! 🌟 Join our dynamic team at an NBFC! - Role: Sales Manager for DSA & DST Channel - Product: Personal Loans - Salary: Up to ₹8,00,000 per annum - Experience: Minimum 2 years - Location: Hyderabad - To Apply: Send your CV to the email address below.

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Muthoot Finance Assistant Manager Salary FAQs

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

Assistant Manager salary at Muthoot Finance in Chennai ranges between ₹2.2 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 51% less than the average Assistant Manager Salary in India. Salary estimates are based on 110 latest salaries received from various employees of Muthoot Finance Chennai.

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

The average salary of a Assistant Manager at Muthoot Finance is 51% less than the average salary of a Assistant Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Muthoot Finance?

Gold Loan, Branch Operations, Banking, Branch Handling and Relationship Building are some of the popular skills required to work as a Assistant Manager at Muthoot Finance Chennai.

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

Federal Bank Assistant Manager Salary - ₹5.6 Lakhs to ₹15.0 Lakhs per year
SMFG India Credit Assistant Manager Salary - ₹3.3 Lakhs to ₹12.5 Lakhs per year
TVS Credit Assistant Manager Salary - ₹3.0 Lakhs to ₹8.0 Lakhs per year
CreditAccess Grameen Assistant Manager Salary - ₹2.5 Lakhs to ₹8.2 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹3.0 Lakhs to ₹6.2 Lakhs per year

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

Poonawalla Fincorp Assistant Manager Salary - ₹4.0 Lakhs to ₹5.6 Lakhs per year
L&T Finance Assistant Manager Salary - ₹3.1 Lakhs to ₹8.0 Lakhs per year
Sundaram Finance Assistant Manager Salary - ₹3.2 Lakhs to ₹7.6 Lakhs per year
Mahindra Finance Assistant Manager Salary - ₹3.1 Lakhs to ₹6.0 Lakhs per year
IDFC FIRST Bank Assistant Manager Salary - ₹2.9 Lakhs to ₹7.1 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Muthoot Finance ranges between ₹29,707 per month to ₹31,026 per month in Chennai. The take-home salary calculation is based on the average Muthoot Finance Assistant Manager salary in India which ranges between ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 44% of the Muthoot Finance Assistant Managers in Chennai reported a notice period of 3 Months, 21% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 54 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant Manager Salaries in Chennai

Muthoot Finance Assistant Manager salary in Chennai ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 110 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Assistant Manager salaries in Chennai

Companies similar to Muthoot Finance for Assistant Manager in Chennai

Latest annual salaries shared by Muthoot Finance Assistant Manager in Chennai

Experience wise Muthoot Finance Assistant Manager salaries in Chennai

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Assistant Manager

Salary related reviews for Muthoot Finance

Assistant Manager in Chennai

Assistant Manager in Bangalore / Bengaluru

Assistant Manager in Chandigarh

Assistant Manager in Warangal Regional

Assistant Manager in Balasore

Muthoot Finance Assistant Manager Salary FAQs

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