Muthoot Finance Hyderabad / Secunderabad Manager Salaries by 20+ Employees (Updated 2024)

3 - 13 years exp.

₹3 Lakhs - ₹5.8 Lakhs

Salary of majority employees

71% less than the average Manager Salary in NBFC Companies for 3 - 13 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 4 - 13 years exp. (10 salaries)	₹3.3 L/yr - ₹5.6 L/yr
Customer Success, Service & Operations Manager Salary 3 - 4 years exp. (3 salaries)	₹4.4 L/yr - ₹5.8 L/yr
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BFSI, Investments & Trading Manager Salary 8 - 11 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr

Last Updated: 23 Sep 2024

Companies similar to Muthoot Finance for Manager in Hyderabad / Secunderabad

Muthoot Finance Manager Salary

3 - 13 years exp. (20 salaries)

₹3 L/yr - ₹5.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager Salary 1 - 13 years exp. (55 salaries)	₹3.3 L/yr - ₹9 L/yr 29% more	2 job openings
HDFC Bank Manager Salary 0 - 18 years exp. (715 salaries)	₹5 L/yr - ₹15.7 L/yr 92% more	1 job opening
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ICICI Bank Manager Salary 0 - 18 years exp. (801 salaries)	₹4.6 L/yr - ₹18 L/yr 138% more
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (400 salaries)	₹3.6 L/yr - ₹13.8 L/yr 65% more
Axis Bank Manager Salary 0 - 18 years exp. (619 salaries)	₹4 L/yr - ₹15.7 L/yr 95% more	1 job opening
IndusInd Bank Manager Salary 1 - 15 years exp. (94 salaries)	₹3.6 L/yr - ₹13 L/yr 58% more	1 job opening
Yes Bank Manager Salary 0 - 16 years exp. (116 salaries)	₹4.8 L/yr - ₹14 L/yr 80% more
IDFC FIRST Bank Manager Salary 0 - 12 years exp. (127 salaries)	₹4 L/yr - ₹15 L/yr 77% more
Federal Bank Manager Salary 5 - 10 years exp. (19 salaries)	₹7.8 L/yr - ₹20.5 L/yr 243% more
RBL Bank Manager Salary 4 - 14 years exp. (26 salaries)	₹5 L/yr - ₹14.3 L/yr 74% more
Bharat Financial Inclusion Manager Salary 1 - 12 years exp. (42 salaries)	₹5 L/yr - ₹14.3 L/yr 90% more
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Manappuram Finance Manager Salary 1 - 10 years exp. (33 salaries)	₹2 L/yr - ₹5.6 L/yr 15% less
Tata Capital Manager Salary 0 - 12 years exp. (18 salaries)	₹7.5 L/yr - ₹13 L/yr 124% more	16 job openings
HDB Financial Services Manager Salary 3 - 14 years exp. (16 salaries)	₹3.8 L/yr - ₹10 L/yr 86% more
IIFL Finance Manager Salary 6 - 10 years exp. (12 salaries)	₹3.5 L/yr - ₹7.1 L/yr 16% more	1 job opening
Muthoot Fincorp Manager Salary 4 - 9 years exp. (12 salaries)	₹2.7 L/yr - ₹7.3 L/yr 5% more
Shriram Finance Manager Salary 4 - 13 years exp. (10 salaries)	₹2.4 L/yr - ₹10 L/yr 54% more
L&T Finance Manager Salary 5 - 10 years exp. (9 salaries)	₹7.5 L/yr - ₹12 L/yr 122% more
Kotak Mahindra Prime Manager Salary 4 - 9 years exp. (8 salaries)	₹7 L/yr - ₹10.2 L/yr 81% more
Mahindra Finance Manager Salary 4 - 14 years exp. (7 salaries)	₹5 L/yr - ₹11.5 L/yr 94% more

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Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 20 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Manager salaries in Hyderabad / Secunderabad

Last Updated: 23 Sep 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.8 L/yr
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5 years (4 salaries)	₹3.3 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹5 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.7 L/yr
10 years (3 salaries)	₹3 L/yr - ₹8.8 L/yr
11 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹5.6 L/yr

View all

Similar Designation salaries in Muthoot Finance

Audit Executive Salary

(10 salaries)

₹2.9 L/yr - ₹4.5 L/yr

Credit Manager Salary

(3 salaries)

₹3.9 L/yr - ₹5.2 L/yr

Top skills at Muthoot Finance for Manager

Business Development Sales Gold Loan Compliance SIP

Salary related reviews for Muthoot Finance

4.5

Rated by 5 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

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

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

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.

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

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Manager Salary FAQs

What is the salary of Manager at Muthoot Finance Hyderabad / Secunderabad?

Manager salary at Muthoot Finance in Hyderabad / Secunderabad ranges between ₹3.0 Lakhs to ₹5.8 Lakhs for experience between 3 years to 13 years. According to our estimates it is 71% less than the average Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Muthoot Finance Hyderabad / Secunderabad.

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

The average salary of a Manager at Muthoot Finance is 71% less than the average salary of a Manager in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

Which similar companies are paying more than Muthoot Finance to a Manager in Hyderabad / Secunderabad?

Federal Bank Manager Salary - ₹7.8 Lakhs to ₹20.5 Lakhs per year
Poonawalla Fincorp Manager Salary - ₹10.5 Lakhs to ₹15.0 Lakhs per year
Tata Capital Housing Finance Manager Salary - ₹11.5 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Manager Salary - ₹4.6 Lakhs to ₹18.0 Lakhs per year
Sundaram Finance Manager Salary - ₹10.0 Lakhs to ₹11.6 Lakhs per year

What is the salary of a Manager in companies similar to Muthoot Finance in Hyderabad / Secunderabad?

Tata Capital Manager Salary - ₹7.5 Lakhs to ₹13.0 Lakhs per year
L&T Finance Manager Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
SMFG India Credit Manager Salary - ₹9.0 Lakhs to ₹10.6 Lakhs per year
Aditya Birla Finance Manager Salary - ₹5.9 Lakhs to ₹10.0 Lakhs per year
Axis Bank Manager Salary - ₹4.0 Lakhs to ₹15.7 Lakhs per year

What is the estimated take home salary of a Manager at Muthoot Finance in Hyderabad / Secunderabad?

The estimated take-home salary of a Manager at Muthoot Finance ranges between ₹35,662 per month to ₹36,892 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Muthoot Finance Manager salary in India which ranges between ₹3.0 Lakhs to ₹5.8 Lakhs per year for employees with experience between 3 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Manager at Muthoot Finance in Hyderabad / Secunderabad?

According to AmbitionBox, 67% of the Muthoot Finance Managers in Hyderabad / Secunderabad reported a notice period of 3 Months, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Muthoot Finance Manager Salaries in Hyderabad / Secunderabad

Muthoot Finance Manager salary in Hyderabad / Secunderabad ranges between ₹3 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Muthoot Finance latest salaries received from various employees of Muthoot Finance.