Muthoot Finance Bangalore / Bengaluru Assistant Manager Salaries by 100+ Employees (Updated 2024)

0 - 10 years exp.

₹1.9 Lakh - ₹5.6 Lakhs

Salary of majority employees

53% less than the average Assistant Manager Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 0 - 10 years exp. (79 salaries)	₹2.2 L/yr - ₹5 L/yr
BFSI, Investments & Trading Assistant Manager Salary 0 - 9 years exp. (23 salaries)	₹2.2 L/yr - ₹5.5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 0 - 10 years exp. (18 salaries)	₹1.9 L/yr - ₹4.5 L/yr
Sales & Business Development Assistant Manager Salary 0 - 7 years exp. (6 salaries)	₹3 L/yr - ₹5.6 L/yr

Last Updated: 14 Dec 2024

Companies similar to Muthoot Finance for Assistant Manager in Bangalore / Bengaluru

Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (185 salaries)

₹1.9 L/yr - ₹5.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Manager Salary 0 - 11 years exp. (102 salaries)	₹2 L/yr - ₹7.5 L/yr 21% more
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (983 salaries)	₹2 L/yr - ₹7.2 L/yr 3% less
Login to view exact salary
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (967 salaries)	₹2 L/yr - ₹5.6 L/yr At par
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (1.4k salaries)	₹1.5 L/yr - ₹4.7 L/yr 12% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (1.8k salaries)	₹2 L/yr - ₹5.9 L/yr 1% more
Yes Bank Assistant Manager Salary 0 - 10 years exp. (292 salaries)	₹2.5 L/yr - ₹6.5 L/yr 18% more
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (117 salaries)	₹2 L/yr - ₹5.3 L/yr 4% less
IDFC FIRST Bank Assistant Manager Salary 0 - 10 years exp. (151 salaries)	₹2.4 L/yr - ₹6.5 L/yr 23% more
Federal Bank Assistant Manager Salary 0 - 10 years exp. (102 salaries)	₹5.5 L/yr - ₹16 L/yr 221% more
RBL Bank Assistant Manager Salary 0 - 9 years exp. (95 salaries)	₹2.4 L/yr - ₹5.5 L/yr 3% more

View all

Assistant Manager salary at Muthoot Finance ranges between ₹1.9 Lakh to ₹5.6 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 185 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Assistant Manager salaries in Bangalore / Bengaluru

Last Updated: 14 Dec 2024

Experience	Avg Annual Salary
Fresher (10 salaries)	₹2.2 L/yr - ₹4.5 L/yr
1 year (20 salaries)	₹2.2 L/yr - ₹4.8 L/yr
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2 years (25 salaries)	₹1.9 L/yr - ₹5 L/yr
3 years (34 salaries)	₹2.2 L/yr - ₹5 L/yr
4 years (32 salaries)	₹2.5 L/yr - ₹4.5 L/yr
5 years (27 salaries)	₹2.2 L/yr - ₹5.1 L/yr
6 years (23 salaries)	₹2.7 L/yr - ₹5.6 L/yr
7 years (5 salaries)	₹2.5 L/yr - ₹7.4 L/yr
8 years (4 salaries)	₹3.5 L/yr - ₹5 L/yr
9 years (3 salaries)	₹4 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹4 L/yr - ₹4.7 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.

27% hike

Cluster Manager 8 - 20 years exp.

37% 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

(88 salaries)

₹2.8 L/yr - ₹7.5 L/yr

Assistant Branch Manager Salary

(8 salaries)

₹2.6 L/yr - ₹5 L/yr

Deputy Manager Salary

(5 salaries)

₹5 L/yr - ₹7.1 L/yr

Relationship Manager Salary

(5 salaries)

₹2.35 L/yr - ₹2.8 L/yr

Sales Manager Salary

(3 salaries)

₹3.85 L/yr - ₹5.25 L/yr

Assistant Manager O&M Salary

(3 salaries)

₹3.75 L/yr - ₹4 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

3.1

Rated by 18 employees for salary & benefits

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.

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

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

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?

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.

Dislikes

Salary growth different from different staff as a same degination.

Assistant Manager

Other Department

4.0

• posted on 13 Jul 2019

1.0

for Salary and Benefits

Likes

Muthoot Finance Ltd is good company with good values gives salary in sharp last day of every month .

Dislikes

Muthoot Finance Ltd is good company with good values but higher authorities and auditors spoil the good atmosphere .Manager and bellow grade people work heard and earn money for company ,above manager grade people simply enjoy the fruits and also rule manager and bellow people.If Manager did not done business higher authorities gives pressure him and if manager did business auditors intentionally write complaints on manager even small mistakes also they show in big mirror.With out small deviation on rules in present market we did not done business.

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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 Salary FAQs

What is the salary of Assistant Manager at Muthoot Finance Bangalore / Bengaluru?

Assistant Manager salary at Muthoot Finance in Bangalore / Bengaluru ranges between ₹1.9 Lakhs to ₹5.6 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 53% less than the average Assistant Manager Salary in India. Salary estimates are based on 185 latest salaries received from various employees of Muthoot Finance Bangalore / Bengaluru.

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

The average salary of a Assistant Manager at Muthoot Finance is 53% less than the average salary of a Assistant Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.

Which similar companies are paying more than Muthoot Finance to a Assistant Manager in Bangalore / Bengaluru?

LIC Housing Finance Assistant Manager Salary - ₹6.3 Lakhs to ₹18.0 Lakhs per year
Federal Bank Assistant Manager Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
Tata Capital Assistant Manager Salary - ₹4.5 Lakhs to ₹10.1 Lakhs per year
CreditAccess Grameen Assistant Manager Salary - ₹2.6 Lakhs to ₹9.5 Lakhs per year
SMFG India Credit Assistant Manager Salary - ₹3.5 Lakhs to ₹8.0 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Muthoot Finance in Bangalore / Bengaluru?

L&T Finance Assistant Manager Salary - ₹2.5 Lakhs to ₹8.8 Lakhs per year
Mahindra Finance Assistant Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
Sundaram Finance Assistant Manager Salary - ₹4.0 Lakhs to ₹6.7 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹3.3 Lakhs to ₹5.7 Lakhs per year
Poonawalla Fincorp Assistant Manager Salary - ₹3.6 Lakhs to ₹6.1 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Muthoot Finance ranges between ₹29,342 per month to ₹30,716 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Muthoot Finance Assistant Manager salary in India which ranges between ₹1.9 Lakhs to ₹5.6 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 Bangalore / Bengaluru?

According to AmbitionBox, 37% of the Muthoot Finance Assistant Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 22% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 106 responses on AmbitionBox in last 2 years.

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Muthoot Finance Assistant Manager Salaries in Bangalore / Bengaluru

Muthoot Finance Assistant Manager salary in Bangalore / Bengaluru ranges between ₹1.9 Lakh to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 185 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Assistant Manager salaries in Bangalore / Bengaluru

Companies similar to Muthoot Finance for Assistant Manager in Bangalore / Bengaluru

Latest annual salaries shared by Muthoot Finance Assistant Manager in Bangalore / Bengaluru

Experience wise Muthoot Finance Assistant Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Assistant Manager

Salary related reviews for Muthoot Finance

Assistant Manager in Bangalore / Bengaluru

Assistant Manager in Chandigarh

Assistant Manager in Warangal Regional

Assistant Manager in Balasore

Assistant Manager

Muthoot Finance Assistant Manager Salary FAQs

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