Muthoot Finance Operations Manager Salaries by 20+ Employees (Updated 2025)

2 - 16 years exp.

₹3 Lakhs - ₹6.4 Lakhs

Salary of majority employees

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61% less than the average Operations Manager Salary in NBFC Companies for 2 - 16 years of experience

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Salaries in different departments

Customer Success, Service & Operations Operations Manager Salary 2 - 10 years exp. (6 salaries)	Unlock ₹3.2 L/yr - ₹6.4 L/yr
BFSI, Investments & Trading Operations Manager Salary 3 - 12 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹6 L/yr
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Finance & Accounting Operations Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹4.5 L/yr

Last Updated: 8 Feb 2025

Companies similar to Muthoot Finance for Operations Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Operations Manager Salary 0 - 10 years exp. (29 salaries)	Unlock ₹2 L/yr - ₹5.6 L/yr 12% less
Shriram Finance Operations Manager Salary 2 - 15 years exp. (10 salaries)	Unlock ₹2.6 L/yr - ₹6.4 L/yr 6% more
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Bajaj Finance Operations Manager Salary 1 - 10 years exp. (115 salaries)	Unlock ₹2.5 L/yr - ₹10 L/yr 28% more	44 job openings
HDFC Bank Operations Manager Salary 0 - 18 years exp. (704 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 85% more
LIC Housing Finance Operations Manager Salary 9 - 17 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹32 L/yr 250% more
ICICI Bank Operations Manager Salary 0 - 13 years exp. (498 salaries)	Unlock ₹2.5 L/yr - ₹11.4 L/yr 63% more
Axis Bank Operations Manager Salary 3 - 14 years exp. (466 salaries)	Unlock ₹2.8 L/yr - ₹12.5 L/yr 83% more
Kotak Mahindra Bank Operations Manager Salary 3 - 13 years exp. (253 salaries)	Unlock ₹2 L/yr - ₹10 L/yr 57% more
Tata Capital Operations Manager Salary 2 - 14 years exp. (42 salaries)	Unlock ₹2.5 L/yr - ₹9.2 L/yr 46% more
Aditya Birla Finance Operations Manager Salary 1 - 18 years exp. (20 salaries)	Unlock ₹4 L/yr - ₹15.1 L/yr 109% more
L&T Finance Operations Manager Salary 1 - 6 years exp. (70 salaries)	Unlock ₹1.8 L/yr - ₹3.6 L/yr 33% less
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HDB Financial Services Operations Manager Salary 6 - 15 years exp. (69 salaries)	Unlock ₹2.4 L/yr - ₹9.5 L/yr 9% more
PNB Housing Finance Operations Manager Salary 2 - 13 years exp. (36 salaries)	Unlock ₹3 L/yr - ₹10 L/yr 36% more
Kotak Mahindra Prime Operations Manager Salary 4 - 13 years exp. (35 salaries)	Unlock ₹2.6 L/yr - ₹9 L/yr 19% more
Sammaan Capital Limited Operations Manager Salary 5 - 16 years exp. (34 salaries)	Unlock ₹3.6 L/yr - ₹10.8 L/yr 49% more
IIFL Finance Operations Manager Salary 4 - 14 years exp. (33 salaries)	Unlock ₹3 L/yr - ₹10.3 L/yr 30% more
SMFG India Credit Operations Manager Salary 1 - 13 years exp. (33 salaries)	Unlock ₹2 L/yr - ₹9.3 L/yr 22% more
Capri Global Capital Operations Manager Salary 3 - 11 years exp. (23 salaries)	Unlock ₹3.2 L/yr - ₹8 L/yr 21% more
Poonawalla Fincorp Operations Manager Salary 2 - 13 years exp. (23 salaries)	Unlock ₹2.9 L/yr - ₹11.5 L/yr 70% more
CreditAccess Grameen Operations Manager Salary 1 - 8 years exp. (19 salaries)	Unlock ₹2.2 L/yr - ₹5.6 L/yr 15% less

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Operations Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹6.4 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 20 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Operations Manager

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2 years exp.

1mo ago

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7 years exp.

1mo ago

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12 years exp.

6mo ago

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5 years exp.

9mo ago

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6 years exp.

1y ago

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12 years exp.

1y ago

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4 years exp.

1y ago

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9 years exp.

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3 years exp.

1y ago

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8 years exp.

Experience wise Muthoot Finance Operations Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹6.9 L/yr
3 years (3 salaries)	Unlock ₹3.4 L/yr - ₹4.5 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹1.6 L/yr - ₹6 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹7.6 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹6.4 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹3.9 L/yr - ₹4.9 L/yr
12 years (3 salaries)	Unlock ₹3.6 L/yr - ₹4.7 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹7.9 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹5.1 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹8.1 L/yr

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Similar Designation salaries in Muthoot Finance

Relationship Manager Salary

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₹2 L/yr - ₹4 L/yr

Department Manager Salary

(AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.7 L/yr

Team Manager Salary

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Store Manager Salary

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₹2.5 L/yr - ₹3.2 L/yr

Branch Manager Salary

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₹1.8 L/yr - ₹7.5 L/yr

Area Manager Salary

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₹3.5 L/yr - ₹8.8 L/yr

Deputy Manager Salary

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₹3.5 L/yr - ₹9.08 L/yr

Program Manager Salary

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₹4.2 L/yr - ₹5.4 L/yr

Project Manager Salary

(AmbitionBox Estimate)

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₹5.8 L/yr - ₹7.4 L/yr

Operations Executive Salary

(105 salaries)

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₹1.35 L/yr - ₹3.6 L/yr

Top skills at Muthoot Finance for Operations Manager

Legal Auditing Customer Management Management Customer Service Management MIS Reporting Construction Customer Service Innovation Operations Management Safety query Supply Chain Process Optimization Operations

Salary related reviews for Muthoot Finance

3.0

Rated by 8 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

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Salary - Good

+2 more

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Job security - Bad

+3 more

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

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

Salary - Bad

+6 more

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Skill development - Excellent

+4 more

Dislikes

Salary is not as per expectation compared to other competitors companies.

Salary - Poor

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Salary Discussions, Hike & Promotions

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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 Operations Manager Salary FAQs

What is the salary of Operations Manager at Muthoot Finance?

Operations Manager salary at Muthoot Finance in India ranges between ₹3.0 Lakhs to ₹6.4 Lakhs for experience between 2 years to 16 years. According to our estimates it is 61% less than the average Operations Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Operations Manager at Muthoot Finance is 61% less than the average salary of a Operations Manager in India. To know exact salary insights, login to view.

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

Legal, Auditing, Customer Management, Management and Customer Service Management are some of the popular skills required to work as a Operations Manager at Muthoot Finance India.

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

LIC Housing Finance Operations Manager Salary - ₹6.0 Lakhs to ₹32.0 Lakhs per year
TVS Credit Operations Manager Salary - ₹8.3 Lakhs to ₹13.5 Lakhs per year
Aditya Birla Finance Operations Manager Salary - ₹4.0 Lakhs to ₹15.1 Lakhs per year
Satin Creditcare Network Operations Manager Salary - ₹4.8 Lakhs to ₹10.5 Lakhs per year
HDFC Bank Operations Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year

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

Axis Bank Operations Manager Salary - ₹2.8 Lakhs to ₹12.5 Lakhs per year
Tata Capital Housing Finance Operations Manager Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year
Poonawalla Fincorp Operations Manager Salary - ₹2.9 Lakhs to ₹11.5 Lakhs per year
ICICI Bank Operations Manager Salary - ₹2.5 Lakhs to ₹11.4 Lakhs per year
Sundaram Finance Operations Manager Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Operations Manager at Muthoot Finance ranges between ₹31,096 per month to ₹32,394 per month in India. The take-home salary calculation is based on the average Muthoot Finance Operations Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.4 Lakhs per year for employees with experience between 2 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 35% of the Muthoot Finance Operations Managers reported a notice period of 2 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Muthoot Finance Operations Manager Salaries by Location

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Muthoot Finance Operations Manager Salaries

Muthoot Finance Operations Manager salary in India ranges between ₹3 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Operations Manager salaries in India (Updated 2025)

Companies similar to Muthoot Finance for Operations Manager

Latest annual salaries shared by Muthoot Finance Operations Manager

Experience wise Muthoot Finance Operations Manager salaries

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Operations Manager

Salary related reviews for Muthoot Finance

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Deputy Manager in Bhubaneswar

Branch Manager in Bhubaneswar

Branch Manager in Bhuj

Muthoot Finance Operations Manager Salary FAQs

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Muthoot Finance Operations Manager Salaries by Location