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

2 - 14 years exp.

₹2.8 Lakhs - ₹9.7 Lakhs

Salary of majority employees

49% less than the average HR Manager Salary in NBFC Companies for 2 - 14 years of experience

Interested in this particular role?

Salaries in different departments

Human Resources HR Manager Salary 4 - 14 years exp. (8 salaries)	₹2.8 L/yr - ₹10.2 L/yr
Login to view exact salary
BFSI, Investments & Trading HR Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr

Last Updated: 22 Mar 2025

Companies similar to Muthoot Finance for HR Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services HR Manager Salary 6 - 14 years exp. (89 salaries)	₹4 L/yr - ₹13 L/yr 34% more
L&T Finance HR Manager Salary 6 - 13 years exp. (55 salaries)	₹7.9 L/yr - ₹15 L/yr 104% more
Login to view exact salary
Mahindra Finance HR Manager Salary 2 - 15 years exp. (47 salaries)	₹7 L/yr - ₹20 L/yr 113% more
Bajaj Finance HR Manager Salary 2 - 6 years exp. (35 salaries)	₹6.1 L/yr - ₹15.5 L/yr 83% more	17 job openings
SMFG India Credit HR Manager Salary 6 - 13 years exp. (32 salaries)	₹6 L/yr - ₹14.1 L/yr 76% more
Asirvad Microfinance HR Manager Salary 4 - 9 years exp. (28 salaries)	₹3.8 L/yr - ₹7.5 L/yr 19% less
Aavas Financiers HR Manager Salary 3 - 11 years exp. (25 salaries)	₹4.5 L/yr - ₹9.1 L/yr 15% more
Bharat Financial Inclusion HR Manager Salary 5 - 12 years exp. (17 salaries)	₹5.1 L/yr - ₹9.6 L/yr 34% more
SK Finance Limited HR Manager Salary 5 - 10 years exp. (14 salaries)	₹3.8 L/yr - ₹9 L/yr 4% more
Poonawalla Fincorp HR Manager Salary 3 - 13 years exp. (14 salaries)	₹5.3 L/yr - ₹17.5 L/yr 114% more
TVS Credit HR Manager Salary 4 - 13 years exp. (12 salaries)	₹8.2 L/yr - ₹15 L/yr 85% more
Login to view exact salary
Satin Creditcare Network HR Manager Salary 6 - 14 years exp. (11 salaries)	₹5.8 L/yr - ₹8 L/yr 16% more
Muthoot Microfin HR Manager Salary 3 - 14 years exp. (11 salaries)	₹3 L/yr - ₹6.2 L/yr 10% less
Shriram Finance HR Manager Salary 3 - 16 years exp. (11 salaries)	₹2.2 L/yr - ₹7.5 L/yr 11% less
IIFL Finance HR Manager Salary 7 - 10 years exp. (10 salaries)	₹6 L/yr - ₹12 L/yr 60% more
Sammaan Capital Limited HR Manager Salary 5 - 11 years exp. (8 salaries)	₹5 L/yr - ₹8.3 L/yr 13% more
Spandana Sphoorty Financial HR Manager Salary 2 - 9 years exp. (7 salaries)	₹4 L/yr - ₹12 L/yr 30% more
Muthoot Fincorp HR Manager Salary 5 - 14 years exp. (6 salaries)	₹4.3 L/yr - ₹8.2 L/yr 11% more
Mahindra Rural Housing Finance HR Manager Salary 4 - 12 years exp. (6 salaries)	₹6.3 L/yr - ₹8.7 L/yr 29% more
LendingKart HR Manager Salary 6 - 13 years exp. (5 salaries)	₹8.5 L/yr - ₹12 L/yr 94% more

View all

HR Manager salary at Muthoot Finance ranges between ₹2.8 Lakhs to ₹9.7 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance HR Manager salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.2 L/yr
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹10.2 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹10.2 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹10.2 L/yr
6 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹8 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
10 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹10.3 L/yr
11 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.3 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
13 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7 L/yr
14 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Muthoot Finance

Assistant Manager- HR Salary

(31 salaries)

₹2.15 L/yr - ₹5.7 L/yr

Regional HR Manager Salary

(18 salaries)

₹3 L/yr - ₹4.65 L/yr

Deputy Manager HR Salary

(15 salaries)

₹4 L/yr - ₹8 L/yr

Resource Manager Salary

(14 salaries)

₹4.85 L/yr - ₹7.5 L/yr

HR Executive Salary

(14 salaries)

₹2 L/yr - ₹4 L/yr

Deputy Manager Administration Salary

(10 salaries)

₹5 L/yr - ₹7.5 L/yr

Administration Executive Salary

(8 salaries)

₹1.8 L/yr - ₹3.9 L/yr

Administration Manager Salary

(7 salaries)

₹5.5 L/yr - ₹6.6 L/yr

Assistant Manager Hrbp Salary

(5 salaries)

₹4.3 L/yr - ₹4.7 L/yr

HR Executive Recruiter Salary

(5 salaries)

₹2.35 L/yr - ₹3 L/yr

Top skills at Muthoot Finance for HR Manager

HRIS US Staffing Performance Appraisal Recruitment Analytical Chemistry CCTV Monitoring Recruitment Social Media Marketing Selection Process HR Policies Social Media Analytical Monitoring Campus Hiring Bulk Hiring

Salary related reviews for Muthoot Finance

3.0

Rated by 2 employees for salary & benefits

Team Manager in Bangalore / Bengaluru

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.

Salary - Poor

+5 more

Senior Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 18 Feb 2025

3.0

for Salary and Benefits

Likes

Company is giving internal promotions and incentive for all employés irrespective of function.

Job security - Good

+2 more

Dislikes

Low salary for existing employees and giving better salary for new entrance in the same role 6 Days working is very hectic , company collecting money from employees for evening tea., Parent insurance is not available. Etc...

Business Development Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

Good things was it's near to my home and time was flexible and leaves were good

Dislikes

Many things salary is first but never received on time salary everytime and incentives were not given properly no skill development only work like hell and call customer daily but they were not even interested to get benifits and fooling customer by false words work environment was ok because manager and employee misunderstanding more

Salary - Bad

+5 more

Assistant Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 30 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

Bahut kam salary hai and bahut jayada work pressure dete hain bilkul chindi company hai and koi job security nahi hai hamesha dar laga rahta hai job ka and fraud ka agar koi bhi fraud ho jaye to tumhe paise dene padenge.and management bhi sabko chor samajhti hai.badhua mazdoor ki tarah kaam lete hai.raat ko 8 baje tak kaam lete hain subha 1 min bhi late ho jaao to salary kaat lete hain.

Salary - Bad

+6 more

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Muthoot Finance?

Ask anonymously on communities.

Muthoot Finance HR Manager Salary FAQs

What is the salary of HR Manager at Muthoot Finance ?

The average salary of a HR Manager at Muthoot Finance in India typically ranges from ₹2.8 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of HR Manager at Muthoot Finance earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. HR 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 10+ Muthoot Finance employees in India.

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

The estimated take-home salary of a HR Manager at Muthoot Finance in India typically ranges from ₹43,113 to ₹44,232 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 2 years to 14 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 10+ 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 HR Manager at Muthoot Finance ?

To be a HR Manager at Muthoot Finance in india, the key skills required include:

- HRIS
- US Staffing
- Performance Appraisal
- Recruitment
- Analytical Chemistry

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 HR Manager in India?

Sundaram Finance	₹10.0 Lakhs to ₹16.0 Lakhs per year
Poonawalla Fincorp	₹5.3 Lakhs to ₹17.5 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹20.0 Lakhs per year
L&T Finance	₹7.9 Lakhs to ₹15.0 Lakhs per year
Capri Global Capital	₹10.0 Lakhs to ₹12.0 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.

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

The salary of a HR Manager at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

LendingKart	₹8.5 Lakhs to ₹12.0 Lakhs per year
PNB Housing Finance	₹9.4 Lakhs to ₹15.0 Lakhs per year
TVS Credit	₹8.2 Lakhs to ₹15.0 Lakhs per year
Bajaj Finance	₹6.1 Lakhs to ₹15.5 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹14.1 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 HR Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
2 years	₹4.0 Lakhs to ₹10.2 Lakhs per year
3 years	₹5.2 Lakhs to ₹10.2 Lakhs per year
4 years	₹3.0 Lakhs to ₹10.2 Lakhs per year
5 years	₹2.8 Lakhs to ₹10.2 Lakhs per year

and so on.

Tell us how to improve this page.

Muthoot Finance HR Manager Salaries by Location

Home >
Salaries >
Muthoot Finance Salaries >
Muthoot Finance HR Manager Salaries

Muthoot Finance HR Manager salary in India ranges between ₹2.8 Lakhs to ₹9.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Muthoot Finance latest salaries received from various employees of Muthoot Finance.