Muthoot Finance Executive Relationship Manager Salaries by 4 Employees

2 - 9 years exp.

₹1 Lakh - ₹3.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

47% less than the average Executive Relationship Manager Salary in NBFC Companies for 2 - 9 years of experience

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Last Updated: 24 Nov 2024

Companies similar to Muthoot Finance for Executive Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Executive Relationship Manager Salary 2 - 3 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 24% more
HDB Financial Services Executive Relationship Manager Salary 0 - 6 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 30% more
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Bajaj Allianz Life Insurance Executive Relationship Manager Salary 0 - 10 years exp. (695 salaries)	₹2.5 L/yr - ₹4.3 L/yr 82% more	14 job openings
Reliance Nippon Life Insurance Executive Relationship Manager Salary 0 - 9 years exp. (175 salaries)	₹2.6 L/yr - ₹4.2 L/yr 72% more
Tata AIA Life Insurance Executive Relationship Manager Salary 2 - 9 years exp. (79 salaries)	₹3 L/yr - ₹5.8 L/yr 147% more	5 job openings

Executive Relationship Manager salary at Muthoot Finance ranges between ₹1 Lakh to ₹3.3 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Executive Relationship Manager salaries

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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8 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr
9 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹1.1 L/yr

Similar Designation salaries in Muthoot Finance

Senior Relationship Manager Salary

(4 salaries)

₹3 L/yr - ₹6 L/yr

Relationship Manager Salary

(27 salaries)

₹2.2 L/yr - ₹3.7 L/yr

Relationship Officer Salary

(74 salaries)

₹1.3 L/yr - ₹4.03 L/yr

Executive Trainee Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Business Sales Manager Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹2.5 L/yr - ₹5.25 L/yr

Business Development Manager Salary

(40 salaries)

₹2.35 L/yr - ₹6.25 L/yr

Deputy Manager Salary

(93 salaries)

₹3 L/yr - ₹8.9 L/yr

Area Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Cluster Manager Salary

(142 salaries)

₹4 L/yr - ₹11 L/yr

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

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

Cluster Manager in Ramanathapuram

Full Time

Finance & Accounting Department

5.0

• posted on 19 Oct 2020

4.0

for Salary and Benefits

Likes

...Team Work to us. Good micro Management. Good policies, huge incremental options. Every year bonus.

Salary - Good

+4 more

Dislikes

Some higher officer do Partiality. Missing some Support. Not transparent. Timings Incentive is not given

Senior Business Development Manager in Lucknow

Full Time

Sales Department

1.0

• posted on 22 Mar 2019

1.0

for Salary and Benefits

Likes

Worst management. Poor growth. Join only when you do not have any other option or if you are a malyali then only u can join.

Dislikes

Every thing is very bad and poor in terms of growth, salary, timing, culture.

Salary - Bad

+6 more

see more salary related reviews

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Finance Executive Relationship Manager Salary FAQs

What is the salary of Executive Relationship Manager at Muthoot Finance ?

The average salary of a Executive Relationship Manager at Muthoot Finance in India typically ranges from ₹1.0 Lakhs to ₹3.3 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Executive Relationship Manager at Muthoot Finance earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.3 Lakhs per year. Executive Relationship 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 4 Muthoot Finance employees in India.

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

The estimated take-home salary of a Executive Relationship Manager at Muthoot Finance in India typically ranges from ₹13,765 to ₹15,226 per month. This is based on the average salary range of ₹1.0 Lakhs to ₹3.3 Lakhs per year for employees with experience ranging from 2 years to 9 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 4 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Finance for Executive Relationship Manager in India?

Tata AIA Life Insurance	₹3.0 Lakhs to ₹5.8 Lakhs per year
Bajaj Allianz Life Insurance	₹2.5 Lakhs to ₹4.3 Lakhs per year
Reliance Nippon Life Insurance	₹2.6 Lakhs to ₹4.2 Lakhs per year
HDB Financial Services	₹1.8 Lakhs to ₹3.0 Lakhs per year
Mahindra Finance	₹2.2 Lakhs to ₹3.0 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.

How the salary growth look like for a Executive Relationship Manager at Muthoot Finance in India?

The salary growth for a Executive Relationship Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Executive Relationship Manager can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
2 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
3 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
8 years	₹0.9 Lakhs to ₹1.1 Lakhs per year
9 years	₹0.9 Lakhs to ₹1.1 Lakhs per year

and so on.

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Muthoot Finance Executive Relationship Manager Salaries

Muthoot Finance Executive Relationship Manager salary in India ranges between ₹1 Lakh to ₹3.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.