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

3 - 14 years exp.

₹3 Lakhs - ₹5.5 Lakhs

Salary of majority employees

72% 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. (4 salaries)	₹3.5 L/yr - ₹5 L/yr
Sales & Business Development Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹5.5 L/yr
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BFSI, Investments & Trading Manager Salary 10 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.7 L/yr

Last Updated: 10 Mar 2025

Companies similar to Muthoot Finance for Manager in Chennai

Muthoot Finance Manager Salary

3 - 14 years exp. (14 salaries)

₹3 L/yr - ₹5.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 11 years exp. (50 salaries)	₹3.5 L/yr - ₹10.1 L/yr 33% more	155 job openings
HDB Financial Services Manager Salary 4 - 16 years exp. (25 salaries)	₹5 L/yr - ₹13.4 L/yr 90% more	1 job opening
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Shriram Finance Manager Salary 5 - 16 years exp. (23 salaries)	₹8.6 L/yr - ₹14.7 L/yr 98% more
TVS Credit Manager Salary 0 - 11 years exp. (22 salaries)	₹7 L/yr - ₹19.1 L/yr 157% more
Asirvad Microfinance Manager Salary 3 - 11 years exp. (18 salaries)	₹4 L/yr - ₹7.3 L/yr 23% more
Kotak Mahindra Prime Manager Salary 5 - 14 years exp. (18 salaries)	₹5 L/yr - ₹9.9 L/yr 87% more
Manappuram Finance Manager Salary 1 - 9 years exp. (15 salaries)	₹2 L/yr - ₹6 L/yr 14% less
Sundaram Finance Manager Salary 9 - 20 years exp. (12 salaries)	₹9 L/yr - ₹13 L/yr 154% more
L&T Finance Manager Salary 3 - 11 years exp. (9 salaries)	₹5.7 L/yr - ₹15 L/yr 120% more
IIFL Finance Manager Salary 8 - 12 years exp. (7 salaries)	₹3 L/yr - ₹7 L/yr 48% more
Mahindra Finance Manager Salary 5 - 13 years exp. (7 salaries)	₹4.8 L/yr - ₹12 L/yr 109% more	2 job openings
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SMFG India Credit Manager Salary 8 - 10 years exp. (5 salaries)	₹4.3 L/yr - ₹10.1 L/yr 112% more
Muthoot Fincorp Manager Salary 4 - 11 years exp. (3 salaries)	₹3.4 L/yr - ₹6 L/yr 10% more

Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹5.5 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 14 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Manager salaries in Chennai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹3.5 L/yr - ₹7.8 L/yr
4 years (3 salaries)	₹3.6 L/yr - ₹4.5 L/yr
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5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
8 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹8.2 L/yr
10 years (3 salaries)	₹3 L/yr - ₹5 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
12 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.4 L/yr
13 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
14 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹4.8 L/yr

View all

Similar Designation salaries in Muthoot Finance

Audit Executive Salary

(11 salaries)

₹2.75 L/yr - ₹4.32 L/yr

Credit Manager Salary

(4 salaries)

₹3.5 L/yr - ₹5.39 L/yr

Deputy Manager Salary

(4 salaries)

₹4.4 L/yr - ₹5.75 L/yr

Top skills at Muthoot Finance for Manager

Business Development Sales Gold Loan Compliance SIP

Salary related reviews for Muthoot Finance

5.0

Rated by 1 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

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

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Muthoot Finance Manager Salary FAQs

What is the salary of Manager at Muthoot Finance in Chennai?

The average salary of a Manager at Muthoot Finance in Chennai typically ranges from ₹3.0 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 3 years to 14 years).

The top 10% of Manager in Chennai at Muthoot Finance earn more than ₹5.1 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. 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 Manager at Muthoot Finance in Chennai?

The estimated take-home salary of a Manager at Muthoot Finance in Chennai typically ranges from ₹33,830 to ₹35,087 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 3 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 Manager at Muthoot Finance in Chennai?

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

- Business Development
- Sales
- Gold Loan
- Compliance
- SIP

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 Manager in India?

TVS Credit	₹7.0 Lakhs to ₹19.1 Lakhs per year
Sundaram Finance	₹9.0 Lakhs to ₹13.0 Lakhs per year
L&T Finance	₹5.7 Lakhs to ₹15.0 Lakhs per year
SMFG India Credit	₹4.3 Lakhs to ₹10.1 Lakhs per year
Mahindra Finance	₹4.8 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 Manager in companies similar to Muthoot Finance in Chennai?

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

Shriram Finance	₹8.6 Lakhs to ₹14.7 Lakhs per year
HDB Financial Services	₹5.0 Lakhs to ₹13.4 Lakhs per year
Kotak Mahindra Prime	₹5.0 Lakhs to ₹9.9 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance	₹3.5 Lakhs to ₹10.1 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 Manager at Muthoot Finance in Chennai?

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

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹7.8 Lakhs per year
4 years	₹3.6 Lakhs to ₹4.5 Lakhs per year
5 years	₹1.8 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.0 Lakhs to ₹5.1 Lakhs per year

and so on.

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Muthoot Finance Manager Salaries in Chennai

Muthoot Finance Manager salary in Chennai ranges between ₹3 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Muthoot Finance latest salaries received from various employees of Muthoot Finance.