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Muthoot Finance Assistant Manager salaries in Chennai (Updated 2025)

Annual salary range
0 - 10 years exp.
₹2.2 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting
Assistant Manager Salary
1 - 10 years exp. (30 salaries)
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₹2.5 L/yr - ₹4.6 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
0 - 10 years exp. (28 salaries)
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₹2.4 L/yr - ₹4.8 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
1 - 8 years exp. (25 salaries)
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₹2.2 L/yr - ₹5 L/yr

Sales & Business Development
Assistant Manager Salary
2 - 7 years exp. (9 salaries)
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₹2.3 L/yr - ₹5 L/yr

Last Updated: 5 Apr 2025

Companies similar to Muthoot Finance for Assistant Manager in Chennai

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Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (113 salaries)

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₹2.2 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TVS Credit Assistant Manager Salary

1 - 11 years exp. (129 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 43% more
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Sundaram Finance Assistant Manager Salary

0 - 10 years exp. (87 salaries)

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₹2.6 L/yr - ₹7.6 L/yr

arrow icon 33% more
2 job openings
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Bajaj Finance Assistant Manager Salary

0 - 10 years exp. (85 salaries)

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₹2 L/yr - ₹6.3 L/yr

arrow icon 11% more
511 job openings
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (72 salaries)

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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 8% less
2 job openings
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HDB Financial Services Assistant Manager Salary

2 - 13 years exp. (55 salaries)

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₹1.7 L/yr - ₹7 L/yr

arrow icon 2% less
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Manappuram Finance Assistant Manager Salary

0 - 6 years exp. (51 salaries)

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₹1.4 L/yr - ₹4.5 L/yr

arrow icon 24% less
5 job openings
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Asirvad Microfinance Assistant Manager Salary

0 - 7 years exp. (37 salaries)

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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 18% less
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Kotak Mahindra Prime Assistant Manager Salary

1 - 8 years exp. (26 salaries)

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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 12% less
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Mahindra Finance Assistant Manager Salary

6 - 9 years exp. (12 salaries)

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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 18% more
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Muthoot Fincorp Assistant Manager Salary

0 - 9 years exp. (10 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 4% less
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L&T Finance Assistant Manager Salary

3 - 9 years exp. (9 salaries)

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₹3.8 L/yr - ₹8 L/yr

arrow icon 34% more
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SMFG India Credit Assistant Manager Salary

1 - 10 years exp. (9 salaries)

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₹3.3 L/yr - ₹10.7 L/yr

arrow icon 64% more
2 job openings
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₹3 L/yr - ₹6.6 L/yr

arrow icon 43% more
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₹4.1 L/yr - ₹7.8 L/yr

arrow icon 25% more
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₹3.2 L/yr - ₹4.9 L/yr

arrow icon 3% more
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 113 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Assistant Manager in Chennai

3d ago
₹4.8 Lakhs
8 years exp.
6d ago
₹4.4 Lakhs
5 years exp.
6d ago
₹4.5 Lakhs
4 years exp.
3w ago
₹4.5 Lakhs
8 years exp.
1mo ago
₹3.1 Lakhs
2 years exp.
1mo ago
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6 years exp.
2mo ago
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3 years exp.
2mo ago
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6 years exp.
2mo ago
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3 years exp.
4mo ago
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4 years exp.

Experience wise Muthoot Finance Assistant Manager salaries in Chennai

Last Updated: 5 Apr 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹3.5 L/yr - ₹4.8 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
2 years  (11 salaries)

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₹2.3 L/yr - ₹5 L/yr
3 years  (13 salaries)

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₹2.2 L/yr - ₹4.5 L/yr
4 years  (21 salaries)

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₹2.2 L/yr - ₹4.6 L/yr
View all
Muthoot Finance Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 10 years exp.

Cluster Manager

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8 - 20 years exp.

Assistant Manager 0 - 10 years exp.
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Branch Manager 2 - 18 years exp.
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arrow icon 21% hike
    Cluster Manager 8 - 20 years exp.
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    arrow icon 40% 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
    (90 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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    ₹2.5 L/yr - ₹5.5 L/yr
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    ₹3.4 L/yr - ₹6 L/yr

    Top skills at Muthoot Finance for Assistant Manager

    Gold Loan Gold Loan Private Banking Branch Operations Relationship Building

    Salary related reviews for Muthoot Finance

    2.9

    Rated by 17 employees for salary & benefits

    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

    read more

    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.

    read more
    • Skill development - Poor
    • +1 more

    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.

    read more
    • Promotions - Good

    Dislikes

    Some time over work load there, othervise is Good.

    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

    read more
    • Salary - Excellent
    • +6 more

    Dislikes

    Nothing

    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?

    read more
    • Salary - Poor
    • +2 more

    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.

    read more
    • Job security - Good
    • +3 more

    Dislikes

    Salary growth different from different staff as a same degination.

    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    Muthoot Finance Assistant Manager Salary FAQs

    What is the salary of Assistant Manager at Muthoot Finance in Chennai?
    The average salary of a Assistant Manager at Muthoot Finance in Chennai typically ranges from ₹2.2 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 10 years).

    The top 10% of Assistant Manager in Chennai at Muthoot Finance earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Assistant Manager 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 100+ Muthoot Finance employees in India.
    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 in Chennai typically ranges from ₹30,245 to ₹31,556 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 100+ 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 at Muthoot Finance in Chennai?
    To be a Assistant Manager at Muthoot Finance in Chennai, the key skills required include:

    • - Gold Loan
    • - Gold Loan
    • - Private Banking
    • - Branch Operations
    • - Relationship Building

    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 in India?
    SMFG India Credit ₹3.3 Lakhs to ₹10.7 Lakhs per year
    TVS Credit ₹3.0 Lakhs to ₹8.5 Lakhs per year
    Sammaan Capital Limited ₹3.0 Lakhs to ₹6.6 Lakhs per year
    L&T Finance ₹3.8 Lakhs to ₹8.0 Lakhs per year
    Sundaram Finance ₹2.6 Lakhs to ₹7.6 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 in companies similar to Muthoot Finance in Chennai?
    The salary of a Assistant Manager at companies similar to Muthoot Finance in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Five-Star Business Finance ₹4.1 Lakhs to ₹7.8 Lakhs per year
    Mahindra Finance ₹3.1 Lakhs to ₹5.5 Lakhs per year
    Bajaj Finance ₹2.0 Lakhs to ₹6.3 Lakhs per year
    Mahindra Rural Housing Finance ₹3.2 Lakhs to ₹4.9 Lakhs per year
    HDB Financial Services ₹1.7 Lakhs to ₹7.0 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 at Muthoot Finance in Chennai?
    The salary growth for a Assistant Manager at Muthoot Finance in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at Muthoot Finance:

    Experience Average Salary Range
    Fresher ₹3.5 Lakhs to ₹4.8 Lakhs per year
    1 year ₹3.5 Lakhs to ₹4.5 Lakhs per year
    2 years ₹2.3 Lakhs to ₹5.0 Lakhs per year
    3 years ₹2.2 Lakhs to ₹4.5 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Muthoot Finance Assistant Manager salary in Chennai ranges between ₹2.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 113 Muthoot Finance latest salaries received from various employees of Muthoot Finance.