Muthoot Finance New Delhi Chief Manager Salaries by 5 Employees (Updated 2025)

12 - 16 years exp.

₹9.6 Lakhs - ₹12.1 Lakhs

Salary of majority employees

48% less than the average Chief Manager Salary in NBFC Companies for 12 - 16 years of experience

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Salaries in different departments

Finance & Accounting Chief Manager Salary 14 - 16 years exp. (4 salaries)	₹9.6 L/yr - ₹11.4 L/yr
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Risk Management & Compliance Chief Manager Salary 12 years exp. (AmbitionBox Estimate)	₹11.2 L/yr - ₹13.8 L/yr

Last Updated: 31 Jan 2025

Companies similar to Muthoot Finance for Chief Manager in New Delhi

Muthoot Finance Chief Manager Salary

12 - 16 years exp. (5 salaries)

₹9.6 L/yr - ₹12.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Chief Manager Salary 7 - 14 years exp. (5 salaries)	₹5 L/yr - ₹8.5 L/yr 37% less
HDFC Bank Chief Manager Salary 9 - 15 years exp. (5 salaries)	₹8 L/yr - ₹24 L/yr 60% more
Login to view exact salary
ICICI Bank Chief Manager Salary 5 - 22 years exp. (238 salaries)	₹10.2 L/yr - ₹36 L/yr 121% more
Kotak Mahindra Bank Chief Manager Salary 7 - 18 years exp. (125 salaries)	₹9 L/yr - ₹29 L/yr 63% more
Aditya Birla Finance Chief Manager Salary 5 - 11 years exp. (9 salaries)	₹19.4 L/yr - ₹25.9 L/yr 110% more
PNB Housing Finance Chief Manager Salary 8 - 16 years exp. (8 salaries)	₹20.8 L/yr - ₹40 L/yr 179% more
Mahindra Finance Chief Manager Salary 15 - 18 years exp. (3 salaries)	₹15.3 L/yr - ₹20.5 L/yr 81% more

Chief Manager salary at Muthoot Finance ranges between ₹9.6 Lakhs to ₹12.1 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Chief Manager salaries in New Delhi

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
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14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹19.3 L/yr
15+ years (3 salaries)	₹9.6 L/yr - ₹20.7 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(53 salaries)

₹2.6 L/yr - ₹7 L/yr

Deputy Manager Salary

(18 salaries)

₹3 L/yr - ₹9.6 L/yr

Credit Manager Salary

(12 salaries)

₹4.2 L/yr - ₹7 L/yr

Sales Manager Salary

(3 salaries)

₹4.5 L/yr - ₹5.6 L/yr

Cluster Manager Salary

(3 salaries)

₹7.5 L/yr - ₹9.2 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

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

fathersahaab

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Finance Chief Manager Salary FAQs

What is the salary of Chief Manager at Muthoot Finance New Delhi?

Chief Manager salary at Muthoot Finance in New Delhi ranges between ₹9.6 Lakhs to ₹12.1 Lakhs for experience between 12 years to 16 years. According to our estimates it is 48% less than the average Chief Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance New Delhi.

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

The average salary of a Chief Manager at Muthoot Finance is 48% less than the average salary of a Chief Manager in New Delhi. 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 New Delhi.

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

PNB Housing Finance Chief Manager Salary - ₹20.8 Lakhs to ₹40.0 Lakhs per year
ICICI Bank Chief Manager Salary - ₹10.2 Lakhs to ₹36.0 Lakhs per year
Aditya Birla Finance Chief Manager Salary - ₹19.4 Lakhs to ₹25.9 Lakhs per year
Mahindra Finance Chief Manager Salary - ₹15.3 Lakhs to ₹20.5 Lakhs per year
Kotak Mahindra Bank Chief Manager Salary - ₹9.0 Lakhs to ₹29.0 Lakhs per year

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

HDFC Bank Chief Manager Salary - ₹8.0 Lakhs to ₹24.0 Lakhs per year
Manappuram Finance Chief Manager Salary - ₹5.0 Lakhs to ₹8.5 Lakhs per year

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

The estimated take-home salary of a Chief Manager at Muthoot Finance ranges between ₹80,009 per month to ₹82,093 per month in New Delhi. The take-home salary calculation is based on the average Muthoot Finance Chief Manager salary in India which ranges between ₹9.6 Lakhs to ₹12.1 Lakhs per year for employees with experience between 12 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 80% of the Muthoot Finance Chief Managers in New Delhi reported a notice period of 3 Months, 20% reported a notice period of More than 3 months.This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Finance Chief Manager Salaries in New Delhi

Muthoot Finance Chief Manager salary in New Delhi ranges between ₹9.6 Lakhs to ₹12.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.