Muthoot Finance Chief Manager Salaries by 10+ Employees (Updated 2025)

12 - 18 years exp.

₹8.7 Lakhs - ₹14.3 Lakhs

Salary of majority employees

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45% less than the average Chief Manager Salary in NBFC Companies for 12 - 18 years of experience

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Salaries in different departments

Finance & Accounting Chief Manager Salary 14 - 18 years exp. (5 salaries)	Unlock ₹9.6 L/yr - ₹12 L/yr
BFSI, Investments & Trading Chief Manager Salary 15 - 17 years exp. (3 salaries)	Unlock ₹8.7 L/yr - ₹14.3 L/yr
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Human Resources Chief Manager Salary 12 - 16 years exp. (AmbitionBox Estimate)	Unlock ₹12 L/yr - ₹13 L/yr
Risk Management & Compliance Chief Manager Salary 12 years exp. (AmbitionBox Estimate)	Unlock ₹11.2 L/yr - ₹14.7 L/yr

Last Updated: 31 Jan 2025

Companies similar to Muthoot Finance for Chief Manager

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Manappuram Finance Chief Manager Salary 8 - 15 years exp. (47 salaries)	Unlock ₹4.5 L/yr - ₹12.3 L/yr 35% less
Shriram Finance Chief Manager Salary 6 - 26 years exp. (9 salaries)	Unlock ₹8 L/yr - ₹24 L/yr 28% more
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Bajaj Finance Chief Manager Salary 2 - 17 years exp. (3 salaries)	Unlock ₹8.5 L/yr - ₹30 L/yr 72% more
HDFC Bank Chief Manager Salary 8 - 15 years exp. (13 salaries)	Unlock ₹8 L/yr - ₹26 L/yr 52% more
LIC Housing Finance Chief Manager Salary 26 - 31 years exp. (4 salaries)	Unlock ₹30 L/yr - ₹50 L/yr 252% more
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2.2k salaries)	Unlock ₹13 L/yr - ₹39 L/yr 106% more
Axis Bank Chief Manager Salary 9 - 15 years exp. (5 salaries)	Unlock ₹13 L/yr - ₹16.6 L/yr 33% more
Kotak Mahindra Bank Chief Manager Salary 7 - 19 years exp. (877 salaries)	Unlock ₹8.8 L/yr - ₹28 L/yr 51% more
Aditya Birla Finance Chief Manager Salary 3 - 11 years exp. (18 salaries)	Unlock ₹17 L/yr - ₹34 L/yr 98% more
L&T Finance Chief Manager Salary 8 - 18 years exp. (86 salaries)	Unlock ₹19.8 L/yr - ₹55 L/yr 211% more
TVS Credit Chief Manager Salary 7 - 20 years exp. (72 salaries)	Unlock ₹17 L/yr - ₹41 L/yr 155% more	1 job opening
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Mahindra Finance Chief Manager Salary 2 - 19 years exp. (46 salaries)	Unlock ₹15 L/yr - ₹30 L/yr 73% more
Kotak Mahindra Prime Chief Manager Salary 5 - 19 years exp. (22 salaries)	Unlock ₹11 L/yr - ₹19 L/yr 25% more
Poonawalla Fincorp Chief Manager Salary 4 - 16 years exp. (21 salaries)	Unlock ₹15.7 L/yr - ₹26 L/yr 68% more
Sammaan Capital Limited Chief Manager Salary 3 - 15 years exp. (16 salaries)	Unlock ₹9 L/yr - ₹19 L/yr 21% more
Capri Global Capital Chief Manager Salary 7 - 14 years exp. (12 salaries)	Unlock ₹19 L/yr - ₹30 L/yr 70% more
Bharat Financial Inclusion Chief Manager Salary 8 - 18 years exp. (10 salaries)	Unlock ₹22 L/yr - ₹32 L/yr 112% more
PNB Housing Finance Chief Manager Salary 8 - 21 years exp. (10 salaries)	Unlock ₹20.8 L/yr - ₹40 L/yr 163% more
Mahindra Rural Housing Finance Chief Manager Salary 5 - 16 years exp. (7 salaries)	Unlock ₹17.1 L/yr - ₹25 L/yr 68% more
Aavas Financiers Chief Manager Salary 12 - 15 years exp. (5 salaries)	Unlock ₹11 L/yr - ₹12.5 L/yr 2% less

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Chief Manager salary at Muthoot Finance ranges between ₹8.7 Lakhs to ₹14.3 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Chief Manager

3d ago

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16 years exp.

4mo ago

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15 years exp.

5mo ago

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18 years exp.

7mo ago

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16 years exp.

1y ago

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14 years exp.

1y ago

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16 years exp.

1y ago

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12 years exp.

1y ago

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17 years exp.

1y ago

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15 years exp.

1y ago

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15 years exp.

Experience wise Muthoot Finance Chief Manager salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	Unlock ₹11.2 L/yr - ₹12 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹10.3 L/yr - ₹13.1 L/yr
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14 years (AmbitionBox Estimate)	Unlock ₹10.2 L/yr - ₹21 L/yr
15+ years (8 salaries)	Unlock ₹8.7 L/yr - ₹14.3 L/yr

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₹6 L/yr - ₹8.5 L/yr

Operations Manager Salary

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₹3 L/yr - ₹6.4 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

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₹5.5 L/yr - ₹7 L/yr

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Top skills at Muthoot Finance for Chief Manager

Gold Loan Management Skills Policies Financial Management Portfolio Management FCU

Salary related reviews for Muthoot Finance

3.0

Rated by 1 employees for salary & benefits

Sales Manager in Kochi

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

Skill development - Bad

+5 more

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

Branch Incharge in Varanasi

Full Time

Sales & Business Development Department

2.0

• posted on 22 Oct 2024

1.0

for Salary and Benefits

Likes

Yes,they look after there employees and have very strong Audit team which help in taking quick and responsive initiatives over any queries.

Skill development - Excellent

Dislikes

...the RM and the other employees at Ro level takes the Branch staff for granted 2. Salary package is very very low as compaire to others. 3. They ask about salary justification over work,i would like to say first you give the proper salary and designation to you employee's and then ask this question

Salary - Bad

+5 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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Chief Manager Salary FAQs

What is the salary of Chief Manager at Muthoot Finance?

Chief Manager salary at Muthoot Finance in India ranges between ₹8.7 Lakhs to ₹14.3 Lakhs for experience between 12 years to 18 years. According to our estimates it is 45% less than the average Chief Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Chief Manager at Muthoot Finance is 45% less than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

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

Gold Loan, Management Skills, Policies, Financial Management and Portfolio Management are some of the popular skills required to work as a Chief Manager at Muthoot Finance India.

Which similar companies are paying more than Muthoot Finance to a Chief Manager in India?

LIC Housing Finance Chief Manager Salary - ₹30.0 Lakhs to ₹50.0 Lakhs per year
L&T Finance Chief Manager Salary - ₹19.8 Lakhs to ₹55.0 Lakhs per year
PNB Housing Finance Chief Manager Salary - ₹20.8 Lakhs to ₹40.0 Lakhs per year
TVS Credit Chief Manager Salary - ₹17.0 Lakhs to ₹41.0 Lakhs per year
Bharat Financial Inclusion Chief Manager Salary - ₹22.0 Lakhs to ₹32.0 Lakhs per year

What is the salary of a Chief Manager in companies similar to Muthoot Finance in India?

ICICI Bank Chief Manager Salary - ₹13.0 Lakhs to ₹39.0 Lakhs per year
Aditya Birla Finance Chief Manager Salary - ₹17.0 Lakhs to ₹34.0 Lakhs per year
Mahindra Finance Chief Manager Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year
Bajaj Finance Chief Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
Capri Global Capital Chief Manager Salary - ₹19.0 Lakhs to ₹30.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at Muthoot Finance ranges between ₹85,862 per month to ₹88,110 per month in India. The take-home salary calculation is based on the average Muthoot Finance Chief Manager salary in India which ranges between ₹8.7 Lakhs to ₹14.3 Lakhs per year for employees with experience between 12 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Chief Manager at Muthoot Finance?

According to AmbitionBox, 40% of the Muthoot Finance Chief Managers reported a notice period of 2 Months, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Muthoot Finance Chief Manager Salaries

Muthoot Finance Chief Manager salary in India ranges between ₹8.7 Lakhs to ₹14.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Muthoot Finance latest salaries received from various employees of Muthoot Finance.