Muthoot Finance Legal Manager Salaries by 6 Employees (Updated 2025)

1 - 6 years exp.

₹4.2 Lakhs - ₹5 Lakhs

Low Confidence

Salary of majority employees

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57% less than the average Legal Manager Salary in NBFC Companies for 1 - 6 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Legal & Regulatory Legal Manager Salary 1 - 6 years exp. (5 salaries)	Unlock ₹4.2 L/yr - ₹5 L/yr
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Finance & Accounting Legal Manager Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 20 Dec 2024

Companies similar to Muthoot Finance for Legal Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Legal Manager Salary 1 - 8 years exp. (53 salaries)	Unlock ₹3.9 L/yr - ₹11.2 L/yr 53% more	2 job openings
HDFC Bank Legal Manager Salary 0 - 10 years exp. (289 salaries)	Unlock ₹3.2 L/yr - ₹14 L/yr 73% more
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ICICI Bank Legal Manager Salary 1 - 12 years exp. (144 salaries)	Unlock ₹6.6 L/yr - ₹26 L/yr 231% more
Kotak Mahindra Bank Legal Manager Salary 2 - 14 years exp. (169 salaries)	Unlock ₹4.1 L/yr - ₹13.1 L/yr 76% more
Axis Bank Legal Manager Salary 3 - 12 years exp. (41 salaries)	Unlock ₹3.5 L/yr - ₹14.5 L/yr 79% more
IndusInd Bank Legal Manager Salary 1 - 9 years exp. (111 salaries)	Unlock ₹2.8 L/yr - ₹9.1 L/yr 66% more
Yes Bank Legal Manager Salary 1 - 12 years exp. (21 salaries)	Unlock ₹5.5 L/yr - ₹13 L/yr 100% more
IDFC FIRST Bank Legal Manager Salary 4 - 9 years exp. (43 salaries)	Unlock ₹4.6 L/yr - ₹13.3 L/yr 77% more
RBL Bank Legal Manager Salary 1 - 10 years exp. (15 salaries)	Unlock ₹5.5 L/yr - ₹11.2 L/yr 71% more
Federal Bank Legal Manager Salary 3 - 8 years exp. (4 salaries)	Unlock ₹12.7 L/yr - ₹20 L/yr 217% more
Manappuram Finance Legal Manager Salary 0 - 5 years exp. (65 salaries)	Unlock ₹2.6 L/yr - ₹6 L/yr 4% less
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Mahindra Finance Legal Manager Salary 2 - 15 years exp. (51 salaries)	Unlock ₹4 L/yr - ₹16.8 L/yr 109% more
HDB Financial Services Legal Manager Salary 5 - 14 years exp. (51 salaries)	Unlock ₹5 L/yr - ₹12.7 L/yr 69% more
Sammaan Capital Limited Legal Manager Salary 2 - 15 years exp. (47 salaries)	Unlock ₹3.6 L/yr - ₹9 L/yr 34% more
Shriram Finance Legal Manager Salary 2 - 10 years exp. (42 salaries)	Unlock ₹2.5 L/yr - ₹7 L/yr 4% less
Tata Capital Legal Manager Salary 0 - 12 years exp. (34 salaries)	Unlock ₹4.5 L/yr - ₹13 L/yr 87% more
L&T Finance Legal Manager Salary 1 - 10 years exp. (31 salaries)	Unlock ₹5.5 L/yr - ₹13 L/yr 98% more
IIFL Finance Legal Manager Salary 0 - 9 years exp. (26 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 75% more
SMFG India Credit Legal Manager Salary 1 - 11 years exp. (27 salaries)	Unlock ₹5.1 L/yr - ₹16.4 L/yr 105% more
TVS Credit Legal Manager Salary 4 - 13 years exp. (22 salaries)	Unlock ₹5 L/yr - ₹8.9 L/yr 53% more

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Legal Manager salary at Muthoot Finance ranges between ₹4.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Legal Manager salaries

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5 L/yr
2 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹5.5 L/yr
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3 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹1.8 L/yr - ₹4.6 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹5.1 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹4.5 L/yr

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Similar Designation salaries in Muthoot Finance

Legal Officer Salary

(3 salaries)

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₹3 L/yr - ₹5 L/yr

Area Legal Manager Salary

(AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(86 salaries)

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₹3.5 L/yr - ₹9.08 L/yr

Legal Associate Salary

(5 salaries)

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₹2.3 L/yr - ₹2.55 L/yr

LAW Officer Salary

(3 salaries)

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₹1.2 L/yr - ₹3.3 L/yr

Legal Executive Salary

(4 salaries)

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₹2 L/yr - ₹3 L/yr

Senior Associate Salary

(3 salaries)

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₹2.5 L/yr - ₹4 L/yr

Retainer Advocate Salary

(AmbitionBox Estimate)

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₹4.7 L/yr - ₹6 L/yr

Senior Legal Executive Salary

(3 salaries)

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₹3.5 L/yr - ₹5.4 L/yr

Top skills at Muthoot Finance for Legal Manager

Legal Documentation Drafting Legal Management Due Diligence mortgage Billing Arbitration Company Secretary Legal Training MIS Litigation Legal Notices Law Corporate Law

Salary related reviews for Muthoot Finance

3.0

Rated by 2 employees for salary & benefits

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

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

Relationship Executive in Howrah

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 15 Dec 2024

2.0

for Salary and Benefits

Likes

The one and only thing is good that they pay the salary on time. But the salary is very low compared to their competitors.

Dislikes

Nothing is good in the company. The regional office staff will not help you when you face some problems. When you join the company they will tell you that it's a 9-6 job but in reality it is 9-7:30 job or beyond. Create senseless pressure by the management. Even they forcefully work you on "SUNDAY". That means there are no holiday. Think 100 times before join this company.

Salary - Poor

+5 more

Junior Relationship Executive in New Delhi

Full Time

Administration & Facilities Department

3.0

• posted on 10 Dec 2024

2.0

for Salary and Benefits

Likes

Branch staffs are cooperative. Pressure is low as compared to banks and other NBFCs if your branch has customer walking.

Job security - Good

+1 more

Dislikes

1.Salary is very low as compared to industry and other companies. 2.RO management are worst. They will not pick your call even if customers is shouting on you for their loan closure. 3.Branch staffs have to listen customers abusive language because they have closed accepting all kinds of online payments and also did not give virtual account to customers on time. 4. RO management staff does not cooperate with branch staffs.They only care about business not about customers and staffs.

Salary - Poor

+4 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 Legal Manager Salary FAQs

What is the salary of Legal Manager at Muthoot Finance?

Legal Manager salary at Muthoot Finance in India ranges between ₹4.2 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 57% less than the average Legal Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Legal Manager at Muthoot Finance is 57% less than the average salary of a Legal Manager in India. To know exact salary insights, login to view.

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

Legal Documentation, Drafting, Legal Management, Due Diligence and mortgage are some of the popular skills required to work as a Legal Manager at Muthoot Finance India.

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

ICICI Bank Legal Manager Salary - ₹6.6 Lakhs to ₹26.0 Lakhs per year
Federal Bank Legal Manager Salary - ₹12.7 Lakhs to ₹20.0 Lakhs per year
PNB Housing Finance Legal Manager Salary - ₹7.3 Lakhs to ₹17.1 Lakhs per year
Aditya Birla Finance Legal Manager Salary - ₹7.2 Lakhs to ₹17.5 Lakhs per year
Mahindra Finance Legal Manager Salary - ₹4.0 Lakhs to ₹16.8 Lakhs per year

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

Tata Capital Housing Finance Legal Manager Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
SMFG India Credit Legal Manager Salary - ₹5.1 Lakhs to ₹16.4 Lakhs per year
Yes Bank Legal Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
L&T Finance Legal Manager Salary - ₹5.5 Lakhs to ₹13.0 Lakhs per year
Tata Capital Legal Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year

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

The estimated take-home salary of a Legal Manager at Muthoot Finance ranges between ₹34,283 per month to ₹35,533 per month in India. The take-home salary calculation is based on the average Muthoot Finance Legal Manager salary in India which ranges between ₹4.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Finance Legal Managers reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Finance Legal Manager Salaries

Muthoot Finance Legal Manager salary in India ranges between ₹4.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Finance latest salaries received from various employees of Muthoot Finance.