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Muthoot Finance Banking Relationship Manager salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹2 Lakhs - ₹4.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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16% less than the average Banking Relationship Manager Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Banking Relationship Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹4 L/yr - ₹4.5 L/yr

Sales & Business Development
Banking Relationship Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to Muthoot Finance for Banking Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹2.9 L/yr

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₹2.2 L/yr - ₹3 L/yr

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 17% less
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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 16% less
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₹3.2 L/yr - ₹3.7 L/yr

arrow icon 2% more
Banking Relationship Manager salary at Muthoot Finance ranges between ₹2 Lakhs to ₹4.6 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Banking Relationship Manager

3d ago
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2 years exp.
1mo ago
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6 years exp.
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1 year exp.
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5 years exp.
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7 years exp.

Experience wise Muthoot Finance Banking Relationship Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2 L/yr - ₹3.9 L/yr
2 years (AmbitionBox Estimate)

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₹1 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹3.1 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
View all

Similar Designation salaries in Muthoot Finance

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₹2.4 L/yr - ₹5 L/yr
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₹2.2 L/yr - ₹3.7 L/yr
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₹3 L/yr - ₹6.4 L/yr
Branch Manager Salary
(560 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
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₹2.65 L/yr - ₹6.25 L/yr
Sales Manager Salary
(50 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Deputy Manager Salary
(85 salaries)
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₹3 L/yr - ₹8.9 L/yr
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₹1.35 L/yr - ₹3.6 L/yr
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₹2.5 L/yr - ₹4 L/yr

Salary related reviews for Muthoot Finance

4.0

Rated by 2 employees for salary & benefits

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

read more
  • Skill development - Bad
  • +5 more

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

read more
  • 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

read more
  • Promotions - Poor

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

read more
  • 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.

read more
  • Job security - Bad
  • +3 more

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

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 06 May 2023

2.0
 for  Salary and Benefits

Likes

I like about working at muthoot finance some policies are good..

Dislikes

I just share my review for muthoot finance there is some policies are not favour of staff like salary, promotion and leaves and holidays. There is old staff future is not bright because they are taking a lots of time for promotion and also salary is very low is this inflation time and new staff and old staff salary is mostly same.. there is second and fourth saturday is also working when most of the banks and NBFC is closed, festival holiday is so low.. so its not my request that is all staff request please understand the whole staff needs who working in muthoot finance ..some times they give the pressure to staff.. They have submitted the all staff original documents like marksheet so thats not correct..

read more
  • Salary - Poor
  • +3 more
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Muthoot Finance Banking Relationship Manager Salary FAQs

What is the salary of Banking Relationship Manager at Muthoot Finance ?
The average salary of a Banking Relationship Manager at Muthoot Finance in India typically ranges from ₹2.0 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Banking Relationship Manager at Muthoot Finance earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Banking Relationship 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 5 Muthoot Finance employees in India.
What is the estimated take home salary of a Banking Relationship Manager at Muthoot Finance in India?
The estimated take-home salary of a Banking Relationship Manager at Muthoot Finance in India typically ranges from ₹24,886 to ₹26,326 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 1 year to 7 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 5 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 Relationship Manager in India?
Sammaan Capital Limited ₹3.2 Lakhs to ₹3.7 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 Relationship Manager in companies similar to Muthoot Finance in India?
The salary of a Banking Relationship Manager at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

CreditAccess Grameen ₹1.7 Lakhs to ₹3.5 Lakhs per year
Aavas Financiers ₹1.5 Lakhs to ₹3.5 Lakhs per year
HDB Financial Services ₹2.2 Lakhs to ₹3.0 Lakhs per year
Bharat Financial Inclusion ₹2.2 Lakhs to ₹2.9 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 Relationship Manager at Muthoot Finance in India?
The salary growth for a Banking Relationship Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Banking Relationship Manager can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹3.9 Lakhs per year
2 years ₹1.0 Lakhs to ₹3.0 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years ₹3.1 Lakhs to ₹4.0 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Banking Relationship Manager salary in India ranges between ₹2 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.