Muthoot Finance Chennai Deputy Manager Salaries by 4 Employees (Updated 2025)

4 - 9 years exp.

₹4.4 Lakhs - ₹5.8 Lakhs

Salary of majority employees

36% less than the average Deputy Manager Salary in NBFC Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.6 L/yr
Customer Success, Service & Operations Deputy Manager Salary 6 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.5 L/yr
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Sales & Business Development Deputy Manager Salary 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹5.8 L/yr

Last Updated: 20 Feb 2025

Companies similar to Muthoot Finance for Deputy Manager in Chennai

Muthoot Finance Deputy Manager Salary

4 - 9 years exp. (4 salaries)

₹4.4 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Deputy Manager Salary 0 - 14 years exp. (2k salaries)	₹2.5 L/yr - ₹10 L/yr 3% more
ICICI Bank Deputy Manager Salary 0 - 14 years exp. (1k salaries)	₹3 L/yr - ₹10.4 L/yr 18% more
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Axis Bank Deputy Manager Salary 0 - 13 years exp. (836 salaries)	₹2.5 L/yr - ₹10.5 L/yr 16% more
Bajaj Finance Deputy Manager Salary 2 - 8 years exp. (17 salaries)	₹3.4 L/yr - ₹7.1 L/yr 10% less	1 job opening
Kotak Mahindra Bank Deputy Manager Salary 0 - 12 years exp. (662 salaries)	₹1.8 L/yr - ₹8 L/yr 8% less
TVS Credit Deputy Manager Salary 1 - 12 years exp. (109 salaries)	₹4.9 L/yr - ₹17.5 L/yr 99% more	1 job opening
Sundaram Finance Deputy Manager Salary 5 - 17 years exp. (37 salaries)	₹4.1 L/yr - ₹11.3 L/yr 53% more
Kotak Mahindra Prime Deputy Manager Salary 1 - 12 years exp. (24 salaries)	₹3.5 L/yr - ₹6.5 L/yr 6% less
Mahindra Finance Deputy Manager Salary 0 - 14 years exp. (16 salaries)	₹5.1 L/yr - ₹10 L/yr 29% more	4 job openings
Muthoot Fincorp Deputy Manager Salary 5 - 11 years exp. (12 salaries)	₹3.7 L/yr - ₹6.8 L/yr 14% less
Shriram Finance Deputy Manager Salary 5 - 12 years exp. (8 salaries)	₹3.5 L/yr - ₹8 L/yr 5% less
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Satin Creditcare Network Deputy Manager Salary 4 - 12 years exp. (6 salaries)	₹4.5 L/yr - ₹6.7 L/yr 4% more
CreditAccess Grameen Deputy Manager Salary 3 - 11 years exp. (5 salaries)	₹3.9 L/yr - ₹8 L/yr 40% more
Aditya Birla Finance Deputy Manager Salary 4 - 13 years exp. (4 salaries)	₹4.7 L/yr - ₹10 L/yr 33% more
Manappuram Finance Deputy Manager Salary 4 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹5.3 L/yr 5% less
Mahindra Rural Housing Finance Deputy Manager Salary 5 - 12 years exp. (3 salaries)	₹3.2 L/yr - ₹5.8 L/yr 3% more	1 job opening
Tata Capital Deputy Manager Salary 3 - 13 years exp. (3 salaries)	₹4.8 L/yr - ₹6.8 L/yr 3% more

Deputy Manager salary at Muthoot Finance ranges between ₹4.4 Lakhs to ₹5.8 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Deputy Manager salaries in Chennai

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.4 L/yr
5 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹9.4 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.7 L/yr

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Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(89 salaries)

₹2.35 L/yr - ₹7 L/yr

Cluster Manager Salary

(7 salaries)

₹4.2 L/yr - ₹7.38 L/yr

Operations Manager Salary

(4 salaries)

₹3.4 L/yr - ₹6 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

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

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

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 Manager in Bhubaneswar

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.

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 .

Salary - Bad

+6 more

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Skill development - Excellent

+4 more

Dislikes

Salary is not as per expectation compared to other competitors companies.

Salary - Poor

see more salary related reviews

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a cluster manager

DSA Sales Manager Personal loans.

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Muthoot Finance Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Muthoot Finance Chennai?

Deputy Manager salary at Muthoot Finance in Chennai ranges between ₹4.4 Lakhs to ₹5.8 Lakhs for experience between 4 years to 9 years. According to our estimates it is 36% less than the average Deputy Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Chennai.

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

The average salary of a Deputy Manager at Muthoot Finance is 36% less than the average salary of a Deputy Manager in Chennai. To know exact salary insights, login to view.

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

Corporate PR, Internal Communication, Public Relations, PR and Events are some of the popular skills required to work as a Deputy Manager at Muthoot Finance Chennai.

Which similar companies are paying more than Muthoot Finance to a Deputy Manager in Chennai?

TVS Credit Deputy Manager Salary - ₹4.9 Lakhs to ₹17.5 Lakhs per year
Sundaram Finance Deputy Manager Salary - ₹4.1 Lakhs to ₹11.3 Lakhs per year
CreditAccess Grameen Deputy Manager Salary - ₹3.9 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Finance Deputy Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year
Mahindra Finance Deputy Manager Salary - ₹5.1 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Deputy Manager in companies similar to Muthoot Finance in Chennai?

ICICI Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹10.4 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.5 Lakhs to ₹10.5 Lakhs per year
Satin Creditcare Network Deputy Manager Salary - ₹4.5 Lakhs to ₹6.7 Lakhs per year
Tata Capital Deputy Manager Salary - ₹4.8 Lakhs to ₹6.8 Lakhs per year
HDFC Bank Deputy Manager Salary - ₹2.5 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Deputy Manager at Muthoot Finance in Chennai?

The estimated take-home salary of a Deputy Manager at Muthoot Finance ranges between ₹40,949 per month to ₹42,100 per month in Chennai. The take-home salary calculation is based on the average Muthoot Finance Deputy Manager salary in India which ranges between ₹4.4 Lakhs to ₹5.8 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Muthoot Finance in Chennai?

According to AmbitionBox, 50% of the Muthoot Finance Deputy Managers in Chennai reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Muthoot Finance Deputy Manager Salaries in Chennai

Muthoot Finance Deputy Manager salary in Chennai ranges between ₹4.4 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.