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Muthoot Finance

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3.6

based on 4.8k Reviews

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Muthoot Finance Product Manager salaries in India

Annual salary range
0 - 5 years exp.
₹4.6 Lakhs - ₹8.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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66% less than the average Product Manager Salary in NBFC Companies for 0 - 5 years of experience

Interested in this particular role? 1 job opening

Last Updated: 11 May 2023

Companies similar to Muthoot Finance for Product Manager

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Product Manager Salary

2 - 4 years exp. (7 salaries)

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₹18 L/yr - ₹21 L/yr

arrow icon 165% more
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Shriram Finance Product Manager Salary

1 - 16 years exp. (60 salaries)

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₹1.2 L/yr - ₹8.7 L/yr

arrow icon 34% less
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Bajaj Finance Product Manager Salary

2 - 7 years exp. (197 salaries)

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₹7.5 L/yr - ₹25.6 L/yr

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HDFC Bank Product Manager Salary

0 - 12 years exp. (729 salaries)

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₹6 L/yr - ₹25 L/yr

arrow icon 98% more
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ICICI Bank Product Manager Salary

0 - 11 years exp. (3k salaries)

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₹7 L/yr - ₹27 L/yr

arrow icon 139% more
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Axis Bank Product Manager Salary

1 - 14 years exp. (547 salaries)

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₹7.9 L/yr - ₹26 L/yr

arrow icon 141% more
1 job opening
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Kotak Mahindra Bank Product Manager Salary

0 - 12 years exp. (564 salaries)

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₹6.5 L/yr - ₹25 L/yr

arrow icon 105% more
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Tata Capital Product Manager Salary

0 - 3 years exp. (94 salaries)

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₹7 L/yr - ₹22 L/yr

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1 job opening
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Aditya Birla Finance Product Manager Salary

1 - 9 years exp. (48 salaries)

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₹9.5 L/yr - ₹35.6 L/yr

arrow icon 173% more
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L&T Finance Product Manager Salary

0 - 6 years exp. (216 salaries)

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₹5 L/yr - ₹17.6 L/yr

arrow icon 48% more
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IIFL Finance Product Manager Salary

0 - 5 years exp. (75 salaries)

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₹7 L/yr - ₹24.5 L/yr

arrow icon 122% more
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IDFC FIRST Bharat Product Manager Salary

0 - 5 years exp. (23 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 53% more
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HDB Financial Services Product Manager Salary

3 - 14 years exp. (16 salaries)

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₹6.3 L/yr - ₹19 L/yr

arrow icon 91% more
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Mahindra Finance Product Manager Salary

3 - 10 years exp. (18 salaries)

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₹9.3 L/yr - ₹37.8 L/yr

arrow icon 190% more
1 job opening
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Poonawalla Fincorp Product Manager Salary

1 - 4 years exp. (15 salaries)

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₹6 L/yr - ₹17 L/yr

arrow icon 50% more
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Capri Global Capital Product Manager Salary

3 - 8 years exp. (14 salaries)

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₹10 L/yr - ₹21.5 L/yr

arrow icon 142% more
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SMFG India Credit Product Manager Salary

0 - 8 years exp. (12 salaries)

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₹8 L/yr - ₹25 L/yr

arrow icon 137% more
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Sundaram Finance Product Manager Salary

8 - 20 years exp. (12 salaries)

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₹8.1 L/yr - ₹19.4 L/yr

arrow icon 106% more
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Aavas Financiers Product Manager Salary

1 - 9 years exp. (12 salaries)

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₹4.7 L/yr - ₹9 L/yr

arrow icon 13% more
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Muthoot Fincorp Product Manager Salary

1 - 7 years exp. (11 salaries)

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₹6 L/yr - ₹19 L/yr

arrow icon 46% more
View all
Product Manager salary at Muthoot Finance ranges between ₹4.6 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Product Manager

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1 year exp.
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Experience wise Muthoot Finance Product Manager salaries

Last Updated: 11 May 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5.6 L/yr - ₹12.4 L/yr
1 year (AmbitionBox Estimate)

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₹4.6 L/yr - ₹12.7 L/yr
2 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
3 years (AmbitionBox Estimate)

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₹6.6 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)

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₹3 L/yr - ₹8 L/yr
View all

Similar Designation salaries in Muthoot Finance

Project Manager Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
Product Manager 2 Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
Production Manager Salary
(AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr
Program Manager Salary
(AmbitionBox Estimate)
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₹4.2 L/yr - ₹5.4 L/yr
Deputy Manager Salary
(81 salaries)
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₹3.6 L/yr - ₹8.9 L/yr
Associate Product Manager Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
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₹7.2 L/yr - ₹9 L/yr
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₹3.5 L/yr - ₹6 L/yr
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₹24 L/yr - ₹35 L/yr

Top skills at Muthoot Finance for Product Manager

Management Sales Social Media Product Training Gold Loan Analytics MIS Marketing Campaigns Brand Awareness Test Cases Loans MIS Preparation bfsi Channel Sales Data Analytics

Salary related reviews for Muthoot Finance

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

read more

Dislikes

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

read more

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

read more

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.

read more

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.

read more

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.

read 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.

read more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 24 Nov 2024

2.0
 for  Salary and Benefits

Likes

The salary will be credited to your account in every 30th or 31st of the month

read more

Dislikes

The worst company I have ever seen.companies motive only for increasing the profit and AUM.mostly they prefer to work even on sundays.they think that employee has not family or personal life.normally the working time is 9:30 to 6:00 but we should come to branch on 8:00 to 7:30.thre is no extra payment or benefit for extra time. The superior persons are not support for increasing the business and complete our target and pushing the OTC products at the time of releasing the incentive or bonus.they think that they should pay the incentive to employees but tomorrow they push to login the OTCs.there is no chance to convince the customers for the products because such a worst products they are cross selling.unable to handle the pressure from the superiors the employees login the products using their own cash and become a debtor.this is the reality in muthoot finance.the incentive structure may vary from the performance of the employees like when we perform poorly they should increase the payout per product but we perform better they should decrease the payout per product.

read more
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Muthoot Finance Product Manager Salary FAQs

What is the salary of Product Manager at Muthoot Finance?
Product Manager salary at Muthoot Finance in India ranges between ₹4.6 Lakhs to ₹8.5 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 66% less than the average Product Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Product Manager at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Product Manager at Muthoot Finance is 66% less than the average salary of a Product Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Product Manager at Muthoot Finance?
Management, Sales, Social Media, Product Training and Gold Loan are some of the popular skills required to work as a Product Manager at Muthoot Finance India.
Which similar companies are paying more than Muthoot Finance to a Product Manager in India?
  • Mahindra Finance Product Manager Salary - ₹9.3 Lakhs to ₹37.8 Lakhs per year
  • Aditya Birla Finance Product Manager Salary - ₹9.5 Lakhs to ₹35.6 Lakhs per year
  • Manappuram Finance Product Manager Salary - ₹18.0 Lakhs to ₹21.0 Lakhs per year
  • Capri Global Capital Product Manager Salary - ₹10.0 Lakhs to ₹21.5 Lakhs per year
  • Axis Bank Product Manager Salary - ₹7.9 Lakhs to ₹26.0 Lakhs per year
What is the salary of a Product Manager in companies similar to Muthoot Finance in India?
  • ICICI Bank Product Manager Salary - ₹7.0 Lakhs to ₹27.0 Lakhs per year
  • SMFG India Credit Product Manager Salary - ₹8.0 Lakhs to ₹25.0 Lakhs per year
  • Sammaan Capital Limited Product Manager Salary - ₹7.4 Lakhs to ₹25.8 Lakhs per year
  • IIFL Finance Product Manager Salary - ₹7.0 Lakhs to ₹24.5 Lakhs per year
  • Mahindra Rural Housing Finance Product Manager Salary - ₹8.0 Lakhs to ₹18.7 Lakhs per year
What is the estimated take home salary of a Product Manager at Muthoot Finance in India?
The estimated take-home salary of a Product Manager at Muthoot Finance ranges between ₹54,186 per month to ₹55,538 per month in India. The take-home salary calculation is based on the average Muthoot Finance Product Manager salary in India which ranges between ₹4.6 Lakhs to ₹8.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?
What is the notice period for Product Manager at Muthoot Finance?
According to AmbitionBox, 50% of the Muthoot Finance Product Managers reported a notice period of 1 Month, 25% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Product Manager salary in India ranges between ₹4.6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.