Muthoot Finance Banking Operations Manager Salaries by 4 Employees

1 - 9 years exp.

₹2.5 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

43% less than the average Banking Operations Manager Salary in NBFC Companies for 1 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Banking Operations Manager Salary 3 - 9 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5 L/yr
Login to view exact salary
Human Resources Banking Operations Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 25 Jan 2024

Companies similar to Muthoot Finance for Banking Operations Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Banking Operations Manager Salary 1 - 25 years exp. (6 salaries)	₹1.8 L/yr - ₹2.8 L/yr 30% less
Manappuram Finance Banking Operations Manager Salary 2 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3.5 L/yr 24% less
Login to view exact salary
Kotak Mahindra Prime Banking Operations Manager Salary 16 - 28 years exp. (3 salaries)	₹3.2 L/yr - ₹5.5 L/yr 11% more
ICICI Bank Banking Operations Manager Salary 1 - 8 years exp. (48 salaries)	₹2.4 L/yr - ₹8 L/yr 44% more
HDFC Bank Banking Operations Manager Salary 2 - 14 years exp. (47 salaries)	₹1.2 L/yr - ₹9.1 L/yr 47% more

Banking Operations Manager salary at Muthoot Finance ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Banking Operations Manager salaries

Last Updated: 25 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹6 L/yr
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.3 L/yr
5 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
7 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in Muthoot Finance

Operations Manager Salary

(20 salaries)

₹3 L/yr - ₹6.4 L/yr

Department Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Relationship Manager Salary

(31 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Deputy Branch Manager Salary

(3 salaries)

₹6.2 L/yr - ₹6.5 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹4.2 L/yr - ₹5.4 L/yr

Branch Manager Salary

(560 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Business Development Manager Salary

(38 salaries)

₹2.65 L/yr - ₹6.25 L/yr

Customer Service Manager Salary

(5 salaries)

₹2.5 L/yr - ₹5 L/yr

Team Manager Salary

(3 salaries)

₹3.1 L/yr - ₹6 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Muthoot Finance

3.0

Rated by 1 employees for salary & benefits

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

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Salary - Good

+2 more

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Job security - Bad

+3 more

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Salary - Bad

+6 more

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Salary - Bad

+6 more

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Skill development - Excellent

+4 more

Dislikes

Salary is not as per expectation compared to other competitors companies.

Salary - Poor

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

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

Got a question about Muthoot Finance?

Ask anonymously on communities.

Muthoot Finance Banking Operations Manager Salary FAQs

What is the salary of Banking Operations Manager at Muthoot Finance ?

The average salary of a Banking Operations Manager at Muthoot Finance in India typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Banking Operations Manager at Muthoot Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Banking Operations 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 4 Muthoot Finance employees in India.

What is the estimated take home salary of a Banking Operations Manager at Muthoot Finance in India?

The estimated take-home salary of a Banking Operations Manager at Muthoot Finance in India typically ranges from ₹26,200 to ₹27,621 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 1 year 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 4 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 Banking Operations Manager in India?

HDFC Bank	₹1.2 Lakhs to ₹9.1 Lakhs per year
ICICI Bank	₹2.4 Lakhs to ₹8.0 Lakhs per year
Kotak Mahindra Prime	₹3.2 Lakhs to ₹5.5 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 Banking Operations Manager in companies similar to Muthoot Finance in India?

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

Manappuram Finance	₹2.2 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services	₹1.8 Lakhs to ₹2.8 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 Banking Operations Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
1 year	₹2.5 Lakhs to ₹6.0 Lakhs per year
2 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
3 years	₹1.4 Lakhs to ₹5.0 Lakhs per year
4 years	₹3.1 Lakhs to ₹6.3 Lakhs per year

and so on.

Tell us how to improve this page.

Muthoot Finance Banking Operations Manager Salaries by Location

Home >
Salaries >
Muthoot Finance Salaries >
Muthoot Finance Banking Operations Manager Salaries

Muthoot Finance Banking Operations Manager salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.