Muthoot Finance Finance Manager Salaries by 10+ Employees (Updated 2025)

1 - 9 years exp.

₹2 Lakhs - ₹10.1 Lakhs

Salary of majority employees

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70% less than the average Finance Manager Salary in NBFC Companies for 1 - 9 years of experience

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Last Updated: 20 Aug 2024

Companies similar to Muthoot Finance for Finance Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Finance Manager Salary 0 - 6 years exp. (41 salaries)	Unlock ₹1.5 L/yr - ₹8.7 L/yr 21% less
HDFC Bank Finance Manager Salary 0 - 8 years exp. (36 salaries)	Unlock ₹2.4 L/yr - ₹6.2 L/yr 11% more
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ICICI Bank Finance Manager Salary 0 - 5 years exp. (71 salaries)	Unlock ₹8.5 L/yr - ₹16 L/yr 82% more
Kotak Mahindra Bank Finance Manager Salary 0 - 12 years exp. (20 salaries)	Unlock ₹2.6 L/yr - ₹10.1 L/yr 10% more
Axis Bank Finance Manager Salary 0 - 8 years exp. (10 salaries)	Unlock ₹2.8 L/yr - ₹7.6 L/yr 19% less
Yes Bank Finance Manager Salary 1 - 11 years exp. (7 salaries)	Unlock ₹6.2 L/yr - ₹15.5 L/yr 66% more
IndusInd Bank Finance Manager Salary 1 - 15 years exp. (23 salaries)	Unlock ₹2.5 L/yr - ₹5.6 L/yr 29% less
IDFC FIRST Bank Finance Manager Salary 3 - 10 years exp. (14 salaries)	Unlock ₹1.6 L/yr - ₹8.4 L/yr 35% less
Federal Bank Finance Manager Salary 1 - 4 years exp. (4 salaries)	Unlock ₹3.8 L/yr - ₹16.6 L/yr 92% more
Bharat Financial Inclusion Finance Manager Salary 0 - 7 years exp. (44 salaries)	Unlock ₹1.8 L/yr - ₹4.5 L/yr 42% less
HDB Financial Services Finance Manager Salary 0 - 8 years exp. (36 salaries)	Unlock ₹1.5 L/yr - ₹6.3 L/yr 39% less
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Shriram Finance Finance Manager Salary 4 - 12 years exp. (35 salaries)	Unlock ₹2 L/yr - ₹7 L/yr 31% less
Manappuram Finance Finance Manager Salary 1 - 8 years exp. (34 salaries)	Unlock ₹2 L/yr - ₹6 L/yr 32% less
Tata Capital Finance Manager Salary 0 - 8 years exp. (21 salaries)	Unlock ₹3.7 L/yr - ₹15.4 L/yr 67% more
L&T Finance Finance Manager Salary 1 - 8 years exp. (20 salaries)	Unlock ₹1.7 L/yr - ₹7 L/yr 34% less
SMFG India Credit Finance Manager Salary 0 - 10 years exp. (15 salaries)	Unlock ₹1.4 L/yr - ₹8.7 L/yr 24% less
Mahindra Finance Finance Manager Salary 0 - 9 years exp. (14 salaries)	Unlock ₹1.8 L/yr - ₹6.5 L/yr 25% less
TVS Credit Finance Manager Salary 2 - 11 years exp. (7 salaries)	Unlock ₹2.2 L/yr - ₹5.5 L/yr 3% less
SK Finance Limited Finance Manager Salary 2 - 8 years exp. (7 salaries)	Unlock ₹2 L/yr - ₹5.2 L/yr 21% less
Aditya Birla Finance Finance Manager Salary 4 - 5 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹4.3 L/yr 28% less

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Finance Manager salary at Muthoot Finance ranges between ₹2 Lakhs to ₹10.1 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 16 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Finance Manager

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9 years exp.

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2 years exp.

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3 years exp.

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1 year exp.

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3 years exp.

Experience wise Muthoot Finance Finance Manager salaries

Last Updated: 20 Aug 2024

Experience	Avg Annual Salary
1 year (3 salaries)	Unlock ₹2.2 L/yr - ₹8.6 L/yr
2 years (4 salaries)	Unlock ₹2.2 L/yr - ₹9.7 L/yr
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3 years (3 salaries)	Unlock ₹3.5 L/yr - ₹9.6 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹10 L/yr
5 years (3 salaries)	Unlock ₹2 L/yr - ₹9.3 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹8.8 L/yr

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Top skills at Muthoot Finance for Finance Manager

Variance Analysis Budget preparation Accounting Budget Analysis Annual Reports Business Analysis Ca Management Reporting Payroll Accounts Handling Financial operations Vendor Payments Financial Statements Financial Analysis Project Analysis

Salary related reviews for Muthoot Finance

4.5

Rated by 4 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

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 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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Finance Manager Salary FAQs

What is the salary of Finance Manager at Muthoot Finance?

Finance Manager salary at Muthoot Finance in India ranges between ₹2.0 Lakhs to ₹10.1 Lakhs for experience between 1 years to 9 years. According to our estimates it is 70% less than the average Finance Manager Salary in India. Salary estimates are based on 16 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Finance Manager at Muthoot Finance is 70% less than the average salary of a Finance Manager in India. To know exact salary insights, login to view.

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

Variance Analysis, Budget preparation, Accounting, Budget Analysis and Annual Reports are some of the popular skills required to work as a Finance Manager at Muthoot Finance India.

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

Federal Bank Finance Manager Salary - ₹3.8 Lakhs to ₹16.6 Lakhs per year
ICICI Bank Finance Manager Salary - ₹8.5 Lakhs to ₹16.0 Lakhs per year
Sammaan Capital Limited Finance Manager Salary - ₹6.3 Lakhs to ₹12.2 Lakhs per year
Kotak Mahindra Prime Finance Manager Salary - ₹6.1 Lakhs to ₹10.8 Lakhs per year
Tata Capital Finance Manager Salary - ₹3.7 Lakhs to ₹15.4 Lakhs per year

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

Yes Bank Finance Manager Salary - ₹6.2 Lakhs to ₹15.5 Lakhs per year
Sundaram Finance Finance Manager Salary - ₹4.5 Lakhs to ₹10.8 Lakhs per year
HDFC Bank Finance Manager Salary - ₹2.4 Lakhs to ₹6.2 Lakhs per year
Kotak Mahindra Bank Finance Manager Salary - ₹2.6 Lakhs to ₹10.1 Lakhs per year
Mahindra Rural Housing Finance Finance Manager Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year

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

The estimated take-home salary of a Finance Manager at Muthoot Finance ranges between ₹39,115 per month to ₹40,294 per month in India. The take-home salary calculation is based on the average Muthoot Finance Finance Manager salary in India which ranges between ₹2.0 Lakhs to ₹10.1 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Finance Manager at Muthoot Finance?

According to AmbitionBox, 32% of the Muthoot Finance Finance Managers reported a notice period of 15 days or less, 26% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Muthoot Finance Finance Manager Salaries

Muthoot Finance Finance Manager salary in India ranges between ₹2 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 Muthoot Finance latest salaries received from various employees of Muthoot Finance.