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Muthoot Finance Deputy Manager salaries in India (Updated 2025)

Annual salary range
3 - 15 years exp.
₹2.8 Lakhs - ₹8.9 Lakhs
Salary of majority employees
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43% less than the average Deputy Manager Salary in NBFC Companies for 3 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Sales & Business Development
Deputy Manager Salary
3 - 14 years exp. (20 salaries)
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₹4.2 L/yr - ₹7.5 L/yr

Finance & Accounting
Deputy Manager Salary
6 - 14 years exp. (16 salaries)
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₹4 L/yr - ₹8.5 L/yr

BFSI, Investments & Trading
Deputy Manager Salary
5 - 15 years exp. (13 salaries)
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₹3.5 L/yr - ₹7.2 L/yr

Marketing & Communication
Deputy Manager Salary
5 - 12 years exp. (11 salaries)
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₹3.6 L/yr - ₹6.3 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
6 - 10 years exp. (5 salaries)
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₹4.4 L/yr - ₹5.3 L/yr

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Last Updated: 17 Mar 2025

Companies similar to Muthoot Finance for Deputy Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Deputy Manager Salary

0 - 14 years exp. (15k salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 6% more
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Global Wings Abudhabi Deputy Manager Salary

7 - 13 years exp. (6 salaries)

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₹6.8 L/yr - ₹11 L/yr

arrow icon 95% more
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (15.5k salaries)

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₹2.5 L/yr - ₹11 L/yr

arrow icon 17% more
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (10.5k salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 15% more
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Bajaj Finance Deputy Manager Salary

0 - 10 years exp. (293 salaries)

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₹3 L/yr - ₹9.8 L/yr

arrow icon 9% less
1159 job openings
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Kotak Mahindra Bank Deputy Manager Salary

0 - 13 years exp. (11.3k salaries)

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₹1.7 L/yr - ₹8.5 L/yr

arrow icon 8% less
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Kotak Mahindra Prime Deputy Manager Salary

1 - 12 years exp. (251 salaries)

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₹3 L/yr - ₹7.5 L/yr

At par
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Mahindra Finance Deputy Manager Salary

0 - 14 years exp. (317 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 23% more
1 job opening
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Shriram Finance Deputy Manager Salary

5 - 17 years exp. (197 salaries)

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₹2.3 L/yr - ₹9.4 L/yr

arrow icon 9% less
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TVS Credit Deputy Manager Salary

1 - 12 years exp. (185 salaries)

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₹4.8 L/yr - ₹18 L/yr

arrow icon 93% more
1 job opening
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IIFL Finance Deputy Manager Salary

2 - 12 years exp. (218 salaries)

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₹2.3 L/yr - ₹10 L/yr

arrow icon 2% more
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Satin Creditcare Network Deputy Manager Salary

2 - 12 years exp. (171 salaries)

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₹3.4 L/yr - ₹10 L/yr

arrow icon 5% more
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Sundaram Finance Deputy Manager Salary

5 - 20 years exp. (139 salaries)

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₹5.2 L/yr - ₹11.4 L/yr

arrow icon 54% more
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HDB Financial Services Deputy Manager Salary

2 - 14 years exp. (118 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 14% more
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Poonawalla Fincorp Deputy Manager Salary

0 - 12 years exp. (98 salaries)

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₹4.4 L/yr - ₹12 L/yr

arrow icon 40% more
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₹3.2 L/yr - ₹10.8 L/yr

arrow icon 10% more
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Capri Global Capital Deputy Manager Salary

4 - 14 years exp. (88 salaries)

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₹3.3 L/yr - ₹10 L/yr

arrow icon 9% more
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LIC Housing Finance Deputy Manager Salary

5 - 11 years exp. (73 salaries)

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₹10 L/yr - ₹28 L/yr

arrow icon 299% more
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Manappuram Finance Deputy Manager Salary

3 - 12 years exp. (71 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 13% less
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Muthoot Fincorp Deputy Manager Salary

5 - 13 years exp. (69 salaries)

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₹2.8 L/yr - ₹7.9 L/yr

arrow icon 12% less
View all
Deputy Manager salary at Muthoot Finance ranges between ₹2.8 Lakhs to ₹8.9 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 87 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Deputy Manager

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Experience wise Muthoot Finance Deputy Manager salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹8.9 L/yr
4 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.4 L/yr
5 years  (7 salaries)

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₹3.6 L/yr - ₹7.1 L/yr
6 years  (9 salaries)

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₹3 L/yr - ₹7 L/yr
7 years  (12 salaries)

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₹4 L/yr - ₹7 L/yr
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Similar Designation salaries in Muthoot Finance

Team Manager Salary
(3 salaries)
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₹3.1 L/yr - ₹6 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Branch Manager Salary
(593 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
Area Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹8.8 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Cluster Manager Salary
(145 salaries)
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₹4 L/yr - ₹10.6 L/yr
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₹6.2 L/yr - ₹6.5 L/yr
Program Manager Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
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₹3 L/yr - ₹6.4 L/yr

Top skills at Muthoot Finance for Deputy Manager

Corporate PR Internal Communication Public Relations PR Events CRM Finance HR Problem Solving SQL Server Dba marcom Database Administration RDBMS Indenting Accounting

Salary related reviews for Muthoot Finance

2.6

Rated by 15 employees for salary & benefits

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

 · 

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

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 18 Feb 2025

2.0
 for  Salary and Benefits

Likes

Getting salary on 30th of every month.

Dislikes

1- Very low salary , 2- Hypocrite attitude of senior level employees 3- HR is a comedy , even if you are resigning also they not even call you to understand the issue there is no exit interview at all. They started working after 5:30 PM only to show the management that we are working more hours , till 5 PM they are enjoying by distributing snaks going out etc ... 4- HR give promotion just for the sake and send you to another location by giving only 2K salary hike. while your expenses jumped to 10k and responsibility also , finally your promotion got waste. People fear to take promotions here. 5 -very bad family insurance , only 1 lakh and there is no parent insurance option.

read more
  • Salary - Poor
  • +5 more

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

 · 

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.

read more

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 .

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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Muthoot Finance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Muthoot Finance ?
The average salary of a Deputy Manager at Muthoot Finance in India typically ranges from ₹2.8 Lakhs to ₹8.9 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Deputy Manager at Muthoot Finance earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹8.8 Lakhs per year. Deputy 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 80+ Muthoot Finance employees in India.
What is the estimated take home salary of a Deputy Manager at Muthoot Finance in India?
The estimated take-home salary of a Deputy Manager at Muthoot Finance in India typically ranges from ₹41,439 to ₹42,583 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹8.9 Lakhs per year for employees with experience ranging from 3 years to 15 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 80+ salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Deputy Manager at Muthoot Finance ?
To be a Deputy Manager at Muthoot Finance in india, the key skills required include:

  • - Corporate PR
  • - Internal Communication
  • - Public Relations
  • - PR
  • - Events

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Finance for Deputy Manager in India?
LIC Housing Finance ₹10.0 Lakhs to ₹28.0 Lakhs per year
Global Wings Abudhabi ₹6.8 Lakhs to ₹11.0 Lakhs per year
TVS Credit ₹4.8 Lakhs to ₹18.0 Lakhs per year
Sammaan Capital Limited ₹5.0 Lakhs to ₹15.0 Lakhs per year
Sundaram Finance ₹5.2 Lakhs to ₹11.4 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 Deputy Manager in companies similar to Muthoot Finance in India?
The salary of a Deputy 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 ₹3.9 Lakhs to ₹11.1 Lakhs per year
Poonawalla Fincorp ₹4.4 Lakhs to ₹12.0 Lakhs per year
L&T Finance ₹7.0 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Finance ₹4.7 Lakhs to ₹11.2 Lakhs per year
PNB Housing Finance ₹6.5 Lakhs to ₹9.8 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 Deputy Manager at Muthoot Finance in India?
The salary growth for a Deputy Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
3 years ₹2.8 Lakhs to ₹8.9 Lakhs per year
4 years ₹2.0 Lakhs to ₹5.4 Lakhs per year
5 years ₹3.6 Lakhs to ₹7.1 Lakhs per year
6 years ₹3.0 Lakhs to ₹7.0 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Deputy Manager salary in India ranges between ₹2.8 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 87 Muthoot Finance latest salaries received from various employees of Muthoot Finance.