Muthoot Finance New Delhi Relationship Manager Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹2.9 Lakhs - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Relationship Manager Salary in NBFC Companies for 2 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
Customer Success, Service & Operations Relationship Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.5 L/yr
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Finance & Accounting Relationship Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.5 L/yr

Last Updated: 14 Feb 2025

Companies similar to Muthoot Finance for Relationship Manager in New Delhi

Muthoot Finance Relationship Manager Salary

2 - 4 years exp. (4 salaries)

₹2.9 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Relationship Manager Salary 0 - 8 years exp. (247 salaries)	₹2 L/yr - ₹4.4 L/yr 9% more
IIFL Finance Relationship Manager Salary 0 - 8 years exp. (41 salaries)	₹1.5 L/yr - ₹5.6 L/yr 13% more	3 job openings
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Kotak Mahindra Prime Relationship Manager Salary 0 - 11 years exp. (32 salaries)	₹2.4 L/yr - ₹6.9 L/yr 25% more
Sammaan Capital Limited Relationship Manager Salary 2 - 10 years exp. (31 salaries)	₹2.7 L/yr - ₹5 L/yr 38% more	10 job openings
Capri Global Capital Relationship Manager Salary 0 - 9 years exp. (26 salaries)	₹2.2 L/yr - ₹3.9 L/yr 6% more
Aavas Financiers Relationship Manager Salary 0 - 6 years exp. (22 salaries)	₹2.5 L/yr - ₹4.2 L/yr 25% more
SMFG India Credit Relationship Manager Salary 1 - 9 years exp. (21 salaries)	₹2.8 L/yr - ₹6.3 L/yr 62% more	3 job openings
Poonawalla Fincorp Relationship Manager Salary 0 - 5 years exp. (17 salaries)	₹4 L/yr - ₹7 L/yr 106% more
Mahindra Finance Relationship Manager Salary 1 - 9 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 46% more
Shriram Finance Relationship Manager Salary 2 - 9 years exp. (15 salaries)	₹2.7 L/yr - ₹6.9 L/yr 58% more
L&T Finance Relationship Manager Salary 1 - 5 years exp. (14 salaries)	₹2.4 L/yr - ₹7.7 L/yr 143% more
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Bajaj Finance Relationship Manager Salary 0 - 8 years exp. (7 salaries)	₹3 L/yr - ₹4.5 L/yr 38% more	71 job openings
Muthoot Fincorp Relationship Manager Salary 1 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹4.5 L/yr 8% more	1 job opening
LendingKart Relationship Manager Salary 2 - 3 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 24% more
PNB Housing Finance Relationship Manager Salary 4 - 8 years exp. (4 salaries)	₹2.5 L/yr - ₹3.5 L/yr 4% more

Relationship Manager salary at Muthoot Finance ranges between ₹2.9 Lakhs to ₹3.5 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Relationship Manager salaries in New Delhi

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(53 salaries)

₹3.4 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(21 salaries)

₹3 L/yr - ₹8.9 L/yr

Relationship Officer Salary

(10 salaries)

₹2.15 L/yr - ₹4.03 L/yr

Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹5.6 L/yr

Top skills at Muthoot Finance for Relationship Manager

Sales Servicing Loans Networking Salesforce Customer Experience Management Servicing Home Loans Computer Networking Software Configuration Management Customer Experience Management Relationship Supervision Relationship Management

Salary related reviews for Muthoot Finance

Business Development Associate in Bangalore / Bengaluru

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

Salary - Bad

+5 more

Sales Manager in Kochi

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

Skill development - Bad

+5 more

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Finance Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Finance in New Delhi?

The average salary of a Relationship Manager at Muthoot Finance in New Delhi typically ranges from ₹2.9 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 2 years to 4 years).

The top 10% of Relationship Manager in New Delhi at Muthoot Finance earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Relationship Manager Salaries at Muthoot Finance can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Muthoot Finance employees in India.

What is the estimated take home salary of a Relationship Manager at Muthoot Finance in New Delhi?

The estimated take-home salary of a Relationship Manager at Muthoot Finance in New Delhi typically ranges from ₹21,047 to ₹22,694 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 2 years to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Manager at Muthoot Finance in New Delhi?

To be a Relationship Manager at Muthoot Finance in New Delhi, the key skills required include:

- Sales
- Servicing
- Loans
- Networking
- Salesforce

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Relationship Manager in India?

L&T Finance	₹2.4 Lakhs to ₹7.7 Lakhs per year
Poonawalla Fincorp	₹4.0 Lakhs to ₹7.0 Lakhs per year
SMFG India Credit	₹2.8 Lakhs to ₹6.3 Lakhs per year
Shriram Finance	₹2.7 Lakhs to ₹6.9 Lakhs per year
Mahindra Finance	₹2.4 Lakhs to ₹6.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.

What is the salary of a Relationship Manager in companies similar to Muthoot Finance in New Delhi?

The salary of a Relationship Manager at companies similar to Muthoot Finance in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited	₹2.7 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance	₹3.0 Lakhs to ₹4.5 Lakhs per year
Aavas Financiers	₹2.5 Lakhs to ₹4.2 Lakhs per year
Kotak Mahindra Prime	₹2.4 Lakhs to ₹6.9 Lakhs per year
LendingKart	₹3.0 Lakhs to ₹4.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Relationship Manager at Muthoot Finance in New Delhi?

The salary growth for a Relationship Manager at Muthoot Finance in New Delhi depends on factors such as experience, performance, and promotions. On average, a Relationship Manager in New Delhi can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
2 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.4 Lakhs per year

and so on.

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Muthoot Finance Relationship Manager Salaries in New Delhi

Muthoot Finance Relationship Manager salary in New Delhi ranges between ₹2.9 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.