Muthoot Finance Manager Salaries by 100+ Employees (Updated 2025)

3 - 14 years exp.

₹2.4 Lakhs - ₹6.5 Lakhs

Salary of majority employees

73% less than the average Manager Salary in NBFC Companies for 3 - 14 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 3 - 14 years exp. (47 salaries)	₹2.4 L/yr - ₹5.6 L/yr
BFSI, Investments & Trading Manager Salary 3 - 11 years exp. (39 salaries)	₹2.6 L/yr - ₹6.5 L/yr
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Customer Success, Service & Operations Manager Salary 3 - 14 years exp. (19 salaries)	₹2.6 L/yr - ₹5.8 L/yr
Sales & Business Development Manager Salary 3 - 12 years exp. (10 salaries)	₹2.6 L/yr - ₹5.5 L/yr

Last Updated: 10 Mar 2025

Companies similar to Muthoot Finance for Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 13 years exp. (657 salaries)	₹2.8 L/yr - ₹11 L/yr 45% more	155 job openings
HDFC Bank Manager Salary 0 - 18 years exp. (10.2k salaries)	₹5 L/yr - ₹14.6 L/yr 112% more
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ICICI Bank Manager Salary 0 - 18 years exp. (4.7k salaries)	₹5.6 L/yr - ₹18.6 L/yr 172% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (5.4k salaries)	₹4 L/yr - ₹12 L/yr 79% more
Axis Bank Manager Salary 0 - 18 years exp. (6.1k salaries)	₹4.9 L/yr - ₹14 L/yr 115% more
IndusInd Bank Manager Salary 0 - 16 years exp. (2k salaries)	₹2.6 L/yr - ₹11.6 L/yr 66% more
Yes Bank Manager Salary 0 - 17 years exp. (2.5k salaries)	₹4.3 L/yr - ₹13.2 L/yr 95% more
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (1.3k salaries)	₹3.5 L/yr - ₹12.7 L/yr 89% more
Federal Bank Manager Salary 3 - 12 years exp. (264 salaries)	₹7.8 L/yr - ₹24 L/yr 272% more
RBL Bank Manager Salary 1 - 15 years exp. (744 salaries)	₹4.2 L/yr - ₹12.5 L/yr 93% more
L&T Finance Manager Salary 1 - 14 years exp. (358 salaries)	₹4.4 L/yr - ₹16.2 L/yr 138% more
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Tata Capital Manager Salary 0 - 12 years exp. (297 salaries)	₹4.5 L/yr - ₹19 L/yr 148% more	9 job openings
IIFL Finance Manager Salary 3 - 14 years exp. (219 salaries)	₹1.8 L/yr - ₹11.8 L/yr 50% more
SMFG India Credit Manager Salary 1 - 10 years exp. (191 salaries)	₹4.9 L/yr - ₹18.6 L/yr 150% more
Kotak Mahindra Prime Manager Salary 0 - 13 years exp. (171 salaries)	₹4.5 L/yr - ₹12.2 L/yr 92% more
HDB Financial Services Manager Salary 4 - 16 years exp. (169 salaries)	₹3.5 L/yr - ₹15 L/yr 91% more	1 job opening
Mahindra Finance Manager Salary 5 - 17 years exp. (155 salaries)	₹4.8 L/yr - ₹15 L/yr 113% more	2 job openings
Manappuram Finance Manager Salary 1 - 9 years exp. (144 salaries)	₹1.8 L/yr - ₹6.6 L/yr 1% less
Shriram Finance Manager Salary 5 - 17 years exp. (117 salaries)	₹2.2 L/yr - ₹11.5 L/yr 60% more
Poonawalla Fincorp Manager Salary 1 - 14 years exp. (99 salaries)	₹6.3 L/yr - ₹18.6 L/yr 160% more

View all

Manager salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 170 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Manager salaries

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
3 years (16 salaries)	₹2.5 L/yr - ₹5.3 L/yr
4 years (23 salaries)	₹2.6 L/yr - ₹5.8 L/yr
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5 years (29 salaries)	₹2.6 L/yr - ₹5.5 L/yr
6 years (15 salaries)	₹2.4 L/yr - ₹5.6 L/yr
7 years (19 salaries)	₹2.6 L/yr - ₹5.4 L/yr
8 years (13 salaries)	₹2.8 L/yr - ₹6 L/yr
9 years (12 salaries)	₹2.6 L/yr - ₹5.4 L/yr
10 years (22 salaries)	₹2.6 L/yr - ₹6.5 L/yr
11 years (8 salaries)	₹2.7 L/yr - ₹5.5 L/yr
12 years (9 salaries)	₹2.7 L/yr - ₹5 L/yr
13 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.6 L/yr
14 years (3 salaries)	₹4 L/yr - ₹5 L/yr

View all

Similar Designation salaries in Muthoot Finance

Audit Manager Salary

(7 salaries)

₹4.7 L/yr - ₹7.5 L/yr

Credit Manager Salary

(73 salaries)

₹3 L/yr - ₹7.2 L/yr

Deputy Manager Salary

(86 salaries)

₹3.5 L/yr - ₹9.08 L/yr

Finance Manager Salary

(16 salaries)

₹2 L/yr - ₹10.1 L/yr

Management Trainee Salary

(12 salaries)

₹3 L/yr - ₹5 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Senior Associate Salary

(3 salaries)

₹2.5 L/yr - ₹4 L/yr

Financial Analyst Salary

(9 salaries)

₹2.5 L/yr - ₹8 L/yr

Audit Executive Salary

(220 salaries)

₹1.7 L/yr - ₹5 L/yr

Financial Controller Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Top skills at Muthoot Finance for Manager

Business Development Sales Gold Loan Compliance SIP

Salary related reviews for Muthoot Finance

3.9

Rated by 42 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

Audit Manager in Kollam

BFSI, Investments & Trading Department

3.0

• posted on 10 Mar 2019

3.0

for Salary and Benefits

Likes

Muthoot is one of the leading NBFC of its kind providing good salary, good working condition, good career growth. The most attracting thing is, the Company Posting the employees mostly in their home towns, ie employees can be with their family.

Dislikes

Not Sufficient earning and career growth is there. Company is mainly dealing in Gold Loan, and we can't use our Subject Knowledge effectivey.

Audit Executive in Mumbai

Finance & Accounting Department

4.0

• posted on 08 Sep 2018

5.0

for Salary and Benefits

Likes

...ce in Muthoot finance. They provide travel and DA facility and also Guest house. Salary is good.

Salary - Excellent

+6 more

Dislikes

Travelling because nearly 4500 branches in all around in India. And also 56 branches in my place, so everyday travel to different branches that is difficult

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

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Finance Manager Salary FAQs

What is the salary of Manager at Muthoot Finance?

Manager salary at Muthoot Finance in India ranges between ₹2.4 Lakhs to ₹6.5 Lakhs for experience between 3 years to 14 years. According to our estimates it is 73% less than the average Manager Salary in India. Salary estimates are based on 170 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Manager at Muthoot Finance is 73% less than the average salary of a Manager in India. To know exact salary insights, login to view.

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

Business Development, Sales, Gold Loan, Compliance and SIP are some of the popular skills required to work as a Manager at Muthoot Finance India.

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

Federal Bank Manager Salary - ₹7.8 Lakhs to ₹24.0 Lakhs per year
Tata Capital Housing Finance Manager Salary - ₹6.5 Lakhs to ₹15.1 Lakhs per year
ICICI Bank Manager Salary - ₹5.6 Lakhs to ₹18.6 Lakhs per year
Poonawalla Fincorp Manager Salary - ₹6.3 Lakhs to ₹18.6 Lakhs per year
SMFG India Credit Manager Salary - ₹4.9 Lakhs to ₹18.6 Lakhs per year

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

Tata Capital Manager Salary - ₹4.5 Lakhs to ₹19.0 Lakhs per year
L&T Finance Manager Salary - ₹4.4 Lakhs to ₹16.2 Lakhs per year
TVS Credit Manager Salary - ₹4.1 Lakhs to ₹17.3 Lakhs per year
Axis Bank Manager Salary - ₹4.9 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance Manager Salary - ₹6.0 Lakhs to ₹13.7 Lakhs per year

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

The estimated take-home salary of a Manager at Muthoot Finance ranges between ₹33,272 per month to ₹34,537 per month in India. The take-home salary calculation is based on the average Muthoot Finance Manager salary in India which ranges between ₹2.4 Lakhs to ₹6.5 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Manager at Muthoot Finance?

According to AmbitionBox, 47% of the Muthoot Finance Managers reported a notice period of 3 Months, 26% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 121 responses on AmbitionBox in last 2 years.

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Muthoot Finance Manager Salaries

Muthoot Finance Manager salary in India ranges between ₹2.4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 170 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Manager salaries in India (Updated 2025)

Companies similar to Muthoot Finance for Manager

Latest annual salaries shared by Muthoot Finance Manager

Experience wise Muthoot Finance Manager salaries

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Manager

Salary related reviews for Muthoot Finance

Deputy Manager in Rae Bareli

Deputy Manager in Bhubaneswar

Audit Manager in Kollam

Audit Executive in Mumbai

Team Manager in Bangalore / Bengaluru

Muthoot Finance Manager Salary FAQs

Tell us how to improve this page.

Muthoot Finance Manager Salaries by Location