Muthoot Finance Bangalore / Bengaluru Chief Manager Salaries by 3 Employees (Updated 2025)

12 - 16 years exp.

₹11.3 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Chief Manager Salary in NBFC Companies for 12 - 16 years of experience

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Salaries in different departments

Human Resources Chief Manager Salary 12 - 16 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Chief Manager Salary 12 years exp. (AmbitionBox Estimate)	₹10.9 L/yr - ₹12.5 L/yr

Last Updated: 5 Jun 2024

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

Muthoot Finance Chief Manager Salary

12 - 16 years exp. (3 salaries)

₹11.3 L/yr - ₹12.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Chief Manager Salary 10 - 13 years exp. (6 salaries)	₹6.3 L/yr - ₹9.5 L/yr 31% less
ICICI Bank Chief Manager Salary 5 - 21 years exp. (126 salaries)	₹12 L/yr - ₹33.5 L/yr 114% more
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Kotak Mahindra Bank Chief Manager Salary 7 - 17 years exp. (83 salaries)	₹10 L/yr - ₹31.5 L/yr 57% more
TVS Credit Chief Manager Salary 8 - 13 years exp. (4 salaries)	₹25 L/yr - ₹36 L/yr 176% more
IndusInd Bank Chief Manager Salary 0 - 19 years exp. (127 salaries)	₹5.6 L/yr - ₹17 L/yr 9% less

Chief Manager salary at Muthoot Finance ranges between ₹11.3 Lakhs to ₹12.5 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Chief Manager salaries in Bangalore / Bengaluru

Last Updated: 5 Jun 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
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14 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
15+ years (AmbitionBox Estimate)	₹4.7 L/yr - ₹12 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(87 salaries)

₹2.15 L/yr - ₹7.5 L/yr

Credit Manager Salary

(21 salaries)

₹3 L/yr - ₹6 L/yr

Cluster Manager Salary

(9 salaries)

₹4.35 L/yr - ₹12 L/yr

Deputy Manager Salary

(8 salaries)

₹5 L/yr - ₹7.3 L/yr

Sales Manager Salary

(3 salaries)

₹3.85 L/yr - ₹5.25 L/yr

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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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Muthoot Finance Chief Manager Salary FAQs

What is the notice period for Chief Manager at Muthoot Finance in Bangalore / Bengaluru?

According to AmbitionBox, 50% of the Muthoot Finance Chief Managers in Bangalore / Bengaluru reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Chief Manager Salaries in Bangalore / Bengaluru

Muthoot Finance Chief Manager salary in Bangalore / Bengaluru ranges between ₹11.3 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.