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Muthoot Finance

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3.6

based on 4.9k Reviews

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Muthoot Finance Relationship Manager salaries in Bangalore / Bengaluru

Annual salary range
1 - 6 years exp.
₹2.4 Lakhs - ₹2.8 Lakhs
Salary of majority employees
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51% less than the average Relationship Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Relationship Manager Salary
1 - 5 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.8 L/yr

Marketing & Communication
Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹2.5 L/yr - ₹2.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Muthoot Finance for Relationship Manager in Bangalore / Bengaluru

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Muthoot Finance Relationship Manager Salary

1 - 6 years exp. (4 salaries)

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₹2.4 L/yr - ₹2.8 L/yr

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

0 - 16 years exp. (793 salaries)

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₹2.8 L/yr - ₹12.5 L/yr

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ICICI Bank Relationship Manager Salary

0 - 18 years exp. (1.4k salaries)

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₹2.4 L/yr - ₹11 L/yr

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8 job openings
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Axis Bank Relationship Manager Salary

0 - 13 years exp. (273 salaries)

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₹2.5 L/yr - ₹10.7 L/yr

arrow icon 179% more
3 job openings
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Kotak Mahindra Bank Relationship Manager Salary

0 - 10 years exp. (250 salaries)

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₹2 L/yr - ₹9.8 L/yr

arrow icon 133% more
3 job openings
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Bajaj Finance Relationship Manager Salary

0 - 9 years exp. (5 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 62% more
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Tata Capital Relationship Manager Salary

0 - 11 years exp. (20 salaries)

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₹5.3 L/yr - ₹15 L/yr

arrow icon 297% more
78 job openings
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IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (85 salaries)

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₹2.7 L/yr - ₹12.7 L/yr

arrow icon 194% more
83 job openings
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IDFC FIRST Bank Relationship Manager Salary

0 - 10 years exp. (68 salaries)

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₹2.2 L/yr - ₹10.5 L/yr

arrow icon 145% more
14 job openings
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Yes Bank Relationship Manager Salary

0 - 13 years exp. (67 salaries)

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₹3.1 L/yr - ₹11.8 L/yr

arrow icon 205% more
13 job openings
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RBL Bank Relationship Manager Salary

0 - 10 years exp. (81 salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 85% more
14 job openings
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₹1.6 L/yr - ₹4.5 L/yr

arrow icon 21% more
3 job openings
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IIFL Finance Relationship Manager Salary

1 - 8 years exp. (30 salaries)

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₹2.1 L/yr - ₹6 L/yr

arrow icon 33% more
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₹3.5 L/yr - ₹10 L/yr

arrow icon 99% more
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₹2 L/yr - ₹7.8 L/yr

arrow icon 63% more
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L&T Finance Relationship Manager Salary

1 - 4 years exp. (9 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 169% more
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₹3.5 L/yr - ₹6 L/yr

arrow icon 124% more
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TVS Credit Relationship Manager Salary

4 - 12 years exp. (7 salaries)

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₹5.2 L/yr - ₹7 L/yr

arrow icon 110% more
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₹2.3 L/yr - ₹4.9 L/yr

arrow icon 42% more
11 job openings
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Shriram Finance Relationship Manager Salary

1 - 6 years exp. (6 salaries)

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₹2.4 L/yr - ₹4.3 L/yr

arrow icon 38% more
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₹2.5 L/yr - ₹5 L/yr

arrow icon 52% more
View all
Relationship Manager salary at Muthoot Finance ranges between ₹2.4 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Relationship Manager in Bangalore / Bengaluru

1y ago
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5 years exp.
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5 years exp.
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1 year exp.

Experience wise Muthoot Finance Relationship Manager salaries in Bangalore / Bengaluru

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1 L/yr - ₹2.8 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹2.9 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹2.8 L/yr
View all

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(86 salaries)
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₹2.15 L/yr - ₹7 L/yr
Deputy Manager Salary
(7 salaries)
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₹5 L/yr - ₹7.3 L/yr
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₹1.3 L/yr - ₹3.5 L/yr
Sales Manager Salary
(3 salaries)
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₹3.85 L/yr - ₹5.25 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

1.4

Rated by 2 employees for salary & benefits

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

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.

read more

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 .

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 Bangalore / Bengaluru?
Relationship Manager salary at Muthoot Finance in Bangalore / Bengaluru ranges between ₹2.4 Lakhs to ₹2.8 Lakhs for experience between 1 years to 6 years. According to our estimates it is 51% less than the average Relationship Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Bangalore / Bengaluru.
How does the salary of a Relationship Manager at Muthoot Finance Bangalore / Bengaluru compare with the average salary range for this job?
The average salary of a Relationship Manager at Muthoot Finance is 51% less than the average salary of a Relationship Manager in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.
Which similar companies are paying more than Muthoot Finance to a Relationship Manager in Bangalore / Bengaluru?
  • Tata Capital Relationship Manager Salary - ₹5.3 Lakhs to ₹15.0 Lakhs per year
  • Yes Bank Relationship Manager Salary - ₹3.1 Lakhs to ₹11.8 Lakhs per year
  • IndusInd Bank Relationship Manager Salary - ₹2.7 Lakhs to ₹12.7 Lakhs per year
  • HDFC Bank Relationship Manager Salary - ₹2.8 Lakhs to ₹12.5 Lakhs per year
  • Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹10.7 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Muthoot Finance in Bangalore / Bengaluru?
  • ICICI Bank Relationship Manager Salary - ₹2.4 Lakhs to ₹11.0 Lakhs per year
  • L&T Finance Relationship Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
  • IDFC FIRST Bank Relationship Manager Salary - ₹2.2 Lakhs to ₹10.5 Lakhs per year
  • Kotak Mahindra Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹9.8 Lakhs per year
  • Poonawalla Fincorp Relationship Manager Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Muthoot Finance in Bangalore / Bengaluru?
The estimated take-home salary of a Relationship Manager at Muthoot Finance ranges between ₹18,212 per month to ₹19,901 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Muthoot Finance Relationship Manager salary in India which ranges between ₹2.4 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Muthoot Finance in Bangalore / Bengaluru?
According to AmbitionBox, 50% of the Muthoot Finance Relationship Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 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 Relationship Manager salary in Bangalore / Bengaluru ranges between ₹2.4 Lakhs to ₹2.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.