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Muthoot Finance Relationship Manager salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹2.2 Lakhs - ₹4 Lakhs
Salary of majority employees
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44% less than the average Relationship Manager Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Relationship Manager Salary
0 - 7 years exp. (13 salaries)
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₹2.2 L/yr - ₹4 L/yr

Customer Success, Service & Operations
Relationship Manager Salary
1 - 5 years exp. (5 salaries)
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₹2.4 L/yr - ₹3.5 L/yr

Sales & Business Development
Relationship Manager Salary
3 - 7 years exp. (3 salaries)
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₹2.4 L/yr - ₹3.3 L/yr

BFSI, Investments & Trading
Relationship Manager Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.3 L/yr

Marketing & Communication
Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹2.9 L/yr

Last Updated: 26 Feb 2025

Companies similar to Muthoot Finance for Relationship Manager

Company name Avg Annual Salary Open Jobs
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HDFC Bank Relationship Manager Salary

0 - 15 years exp. (6.2k salaries)

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₹2.1 L/yr - ₹12.5 L/yr

arrow icon 146% more
24 job openings
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ICICI Bank Relationship Manager Salary

0 - 19 years exp. (13k salaries)

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₹2.5 L/yr - ₹11.5 L/yr

arrow icon 163% more
1 job opening
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Axis Bank Relationship Manager Salary

0 - 15 years exp. (1.8k salaries)

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₹2.5 L/yr - ₹13 L/yr

arrow icon 156% more
7 job openings
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Kotak Mahindra Bank Relationship Manager Salary

0 - 12 years exp. (2.5k salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 113% more
6 job openings
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Bajaj Finance Relationship Manager Salary

0 - 9 years exp. (93 salaries)

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₹1.6 L/yr - ₹6.3 L/yr

arrow icon 51% more
295 job openings
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Tata Capital Relationship Manager Salary

0 - 11 years exp. (307 salaries)

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₹4.5 L/yr - ₹16.6 L/yr

arrow icon 242% more
69 job openings
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IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (1.4k salaries)

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₹3 L/yr - ₹12.5 L/yr

arrow icon 179% more
21 job openings
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IDFC FIRST Bank Relationship Manager Salary

0 - 13 years exp. (601 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 117% more
7 job openings
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Yes Bank Relationship Manager Salary

0 - 15 years exp. (1.1k salaries)

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₹3 L/yr - ₹13.5 L/yr

arrow icon 174% more
9 job openings
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RBL Bank Relationship Manager Salary

0 - 10 years exp. (1.1k salaries)

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₹1.7 L/yr - ₹7.8 L/yr

arrow icon 62% more
11 job openings
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₹1.4 L/yr - ₹4.8 L/yr

arrow icon 9% more
1 job opening
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IIFL Finance Relationship Manager Salary

1 - 8 years exp. (425 salaries)

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₹1.2 L/yr - ₹6 L/yr

arrow icon 16% more
3 job openings
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SMFG India Credit Relationship Manager Salary

0 - 10 years exp. (331 salaries)

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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 40% more
1 job opening
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₹2.5 L/yr - ₹9.7 L/yr

arrow icon 77% more
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Kotak Mahindra Prime Relationship Manager Salary

0 - 11 years exp. (269 salaries)

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₹1.9 L/yr - ₹8 L/yr

arrow icon 41% more
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₹1.8 L/yr - ₹5.5 L/yr

arrow icon 27% more
10 job openings
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₹1.4 L/yr - ₹4 L/yr

arrow icon 1% more
2 job openings
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Shriram Finance Relationship Manager Salary

0 - 10 years exp. (151 salaries)

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₹1.8 L/yr - ₹6.9 L/yr

arrow icon 25% more
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Aavas Financiers Relationship Manager Salary

0 - 8 years exp. (147 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 22% more
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Poonawalla Fincorp Relationship Manager Salary

0 - 6 years exp. (141 salaries)

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₹2.4 L/yr - ₹7.5 L/yr

arrow icon 106% more
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Relationship Manager salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 31 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Relationship Manager

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Experience wise Muthoot Finance Relationship Manager salaries

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹5.1 L/yr
2 years  (7 salaries)

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₹2.4 L/yr - ₹4 L/yr
3 years  (3 salaries)

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₹1.1 L/yr - ₹3.5 L/yr
4 years  (4 salaries)

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₹2.2 L/yr - ₹3.5 L/yr
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Similar Designation salaries in Muthoot Finance

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₹1.3 L/yr - ₹4.5 L/yr
Branch Manager Salary
(562 salaries)
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₹1.8 L/yr - ₹7 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Deputy Manager Salary
(83 salaries)
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₹2.8 L/yr - ₹7.5 L/yr
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₹6 L/yr - ₹8.5 L/yr
Sales Manager Salary
(42 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹5.5 L/yr - ₹7 L/yr
Area Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹8.8 L/yr
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₹3.5 L/yr - ₹9 L/yr

Top skills at Muthoot Finance for Relationship Manager

Sales Servicing Loans Networking Customer Experience Management Relationship Supervision Customer Satisfaction Training Forecasting Branch Sales Budgeting Relationship Management Business Development

Salary related reviews for Muthoot Finance

3.6

Rated by 14 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 17 Feb 2025

1.0
 for  Salary and Benefits

Likes

Good things was it's near to my home and time was flexible and leaves were good

Dislikes

Many things salary is first but never received on time salary everytime and incentives were not given properly no skill development only work like hell and call customer daily but they were not even interested to get benifits and fooling customer by false words work environment was ok because manager and employee misunderstanding more

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Jan 2025

3.0
 for  Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

read more
  • Skill development - Bad
  • +5 more

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
  • 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

read more
  • Promotions - Poor

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

read more
  • 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.

read more
  • Job security - Bad
  • +3 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
  • Salary - Bad
  • +6 more
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Muthoot Finance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Finance?
Relationship Manager salary at Muthoot Finance in India ranges between ₹2.2 Lakhs to ₹4.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 44% less than the average Relationship Manager Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Relationship Manager at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Relationship Manager at Muthoot Finance is 44% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Relationship Manager at Muthoot Finance?
Sales, Servicing, Loans, Networking and Customer Experience are some of the popular skills required to work as a Relationship Manager at Muthoot Finance India.
Which similar companies are paying more than Muthoot Finance to a Relationship Manager in India?
  • Tata Capital Relationship Manager Salary - ₹4.5 Lakhs to ₹16.6 Lakhs per year
  • IndusInd Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹12.5 Lakhs per year
  • Yes Bank Relationship Manager Salary - ₹3.0 Lakhs to ₹13.5 Lakhs per year
  • ICICI Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹11.5 Lakhs per year
  • Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹13.0 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Muthoot Finance in India?
  • HDFC Bank Relationship Manager Salary - ₹2.1 Lakhs to ₹12.5 Lakhs per year
  • L&T Finance Relationship Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
  • IDFC FIRST Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
  • Kotak Mahindra Bank Relationship Manager Salary - ₹1.5 Lakhs to ₹10.0 Lakhs per year
  • Poonawalla Fincorp Relationship Manager Salary - ₹2.4 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Muthoot Finance in India?
The estimated take-home salary of a Relationship Manager at Muthoot Finance ranges between ₹20,215 per month to ₹21,875 per month in India. The take-home salary calculation is based on the average Muthoot Finance Relationship Manager salary in India which ranges between ₹2.2 Lakhs to ₹4.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Muthoot Finance?
According to AmbitionBox, 41% of the Muthoot Finance Relationship Managers reported a notice period of 1 Month, 28% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 32 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Relationship Manager salary in India ranges between ₹2.2 Lakhs to ₹4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Muthoot Finance latest salaries received from various employees of Muthoot Finance.