Muthoot Finance New Delhi Senior Manager Salaries by 7 Employees (Updated 2025)

12 - 18 years exp.

₹8 Lakhs - ₹10.2 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Lakh

Monthly In-hand Salary

61% less than the average Senior Manager Salary in NBFC Companies for 12 - 18 years of experience

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Salaries in different departments

Human Resources Senior Manager Salary 12 - 14 years exp. (3 salaries)	₹8 L/yr - ₹9.3 L/yr
Strategic & Top Management Senior Manager Salary 17 - 18 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9 L/yr
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Finance & Accounting Senior Manager Salary 14 years exp. (AmbitionBox Estimate)	₹7.6 L/yr - ₹10.2 L/yr
Sales & Business Development Senior Manager Salary 12 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.2 L/yr

Last Updated: 10 Mar 2025

Companies similar to Muthoot Finance for Senior Manager in New Delhi

Muthoot Finance Senior Manager Salary

12 - 18 years exp. (7 salaries)

₹8 L/yr - ₹10.2 L/yr

Company name	Avg Annual Salary	Open Jobs
PNB Housing Finance Senior Manager Salary 5 - 16 years exp. (37 salaries)	₹12 L/yr - ₹22.2 L/yr 111% more
L&T Finance Senior Manager Salary 3 - 12 years exp. (21 salaries)	₹10 L/yr - ₹23 L/yr 99% more
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Sammaan Capital Limited Senior Manager Salary 5 - 17 years exp. (21 salaries)	₹7.4 L/yr - ₹17 L/yr 31% more
IIFL Finance Senior Manager Salary 9 - 12 years exp. (8 salaries)	₹6 L/yr - ₹9.7 L/yr 7% more
Kotak Mahindra Prime Senior Manager Salary 4 - 14 years exp. (8 salaries)	₹9.9 L/yr - ₹13.5 L/yr 41% more
TVS Credit Senior Manager Salary 7 - 17 years exp. (8 salaries)	₹8 L/yr - ₹20 L/yr 109% more	1 job opening
Satin Creditcare Network Senior Manager Salary 7 - 15 years exp. (7 salaries)	₹6 L/yr - ₹15.5 L/yr 14% more
Manappuram Finance Senior Manager Salary 4 - 13 years exp. (7 salaries)	₹2.5 L/yr - ₹8.5 L/yr 21% less
SMFG India Credit Senior Manager Salary 8 - 15 years exp. (6 salaries)	₹7.8 L/yr - ₹24.3 L/yr 124% more
Muthoot Fincorp Senior Manager Salary 9 - 11 years exp. (5 salaries)	₹5 L/yr - ₹9.7 L/yr 15% less
HDB Financial Services Senior Manager Salary 5 - 14 years exp. (5 salaries)	₹4.6 L/yr - ₹10.3 L/yr 20% less
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LendingKart Senior Manager Salary 7 - 16 years exp. (4 salaries)	₹12 L/yr - ₹28.6 L/yr 125% more
Capri Global Capital Senior Manager Salary 7 - 15 years exp. (4 salaries)	₹9.3 L/yr - ₹13 L/yr 28% more
Mahindra Finance Senior Manager Salary 8 - 10 years exp. (4 salaries)	₹12.3 L/yr - ₹15 L/yr 75% more
Shriram Finance Senior Manager Salary 6 - 14 years exp. (4 salaries)	₹10.7 L/yr - ₹20.2 L/yr 33% more	2 job openings

Senior Manager salary at Muthoot Finance ranges between ₹8 Lakhs to ₹10.2 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Senior Manager salaries in New Delhi

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.2 L/yr
13 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr
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14 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
15+ years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 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

Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹5.6 L/yr

Top skills at Muthoot Finance for Senior Manager

Finance Accounts Reconciliation DSA Reconciliation Private Banking

Salary related reviews for Muthoot Finance

Senior Manager in Bangalore / Bengaluru

Full Time

Sales & Business Development Department

3.0

• posted on 18 Feb 2025

3.0

for Salary and Benefits

Likes

Company is giving internal promotions and incentive for all employés irrespective of function.

Job security - Good

+2 more

Dislikes

Low salary for existing employees and giving better salary for new entrance in the same role 6 Days working is very hectic , company collecting money from employees for evening tea., Parent insurance is not available. Etc...

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

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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 Senior Manager Salary FAQs

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

The average salary of a Senior Manager at Muthoot Finance in New Delhi typically ranges from ₹8.0 Lakhs to ₹10.2 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of Senior Manager in New Delhi at Muthoot Finance earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.2 Lakhs per year. Senior 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 7 Muthoot Finance employees in India.

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

The estimated take-home salary of a Senior Manager at Muthoot Finance in New Delhi typically ranges from ₹62,041 to ₹63,615 per month. This is based on the average salary range of ₹8.0 Lakhs to ₹10.2 Lakhs per year for employees with experience ranging from 12 years to 18 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 7 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 Senior Manager at Muthoot Finance in New Delhi?

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

- Finance
- Accounts Reconciliation
- DSA
- Reconciliation
- Private Banking

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 Senior Manager in India?

LendingKart	₹12.0 Lakhs to ₹28.6 Lakhs per year
SMFG India Credit	₹7.8 Lakhs to ₹24.3 Lakhs per year
PNB Housing Finance	₹12.0 Lakhs to ₹22.2 Lakhs per year
TVS Credit	₹8.0 Lakhs to ₹20.0 Lakhs per year
L&T Finance	₹10.0 Lakhs to ₹23.0 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 Senior Manager in companies similar to Muthoot Finance in New Delhi?

The salary of a Senior 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:

Mahindra Finance	₹12.3 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Prime	₹9.9 Lakhs to ₹13.5 Lakhs per year
Shriram Finance	₹10.7 Lakhs to ₹20.2 Lakhs per year
Sammaan Capital Limited	₹7.4 Lakhs to ₹17.0 Lakhs per year
Capri Global Capital	₹9.3 Lakhs to ₹13.0 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 Senior Manager at Muthoot Finance in New Delhi?

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

Experience	Average Salary Range
12 years	₹7.9 Lakhs to ₹10.2 Lakhs per year
13 years	₹7.9 Lakhs to ₹10.0 Lakhs per year
14 years	₹7.8 Lakhs to ₹9.9 Lakhs per year
15 years	₹7.4 Lakhs to ₹9.5 Lakhs per year

and so on.

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Muthoot Finance Senior Manager Salaries in New Delhi

Muthoot Finance Senior Manager salary in New Delhi ranges between ₹8 Lakhs to ₹10.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Finance latest salaries received from various employees of Muthoot Finance.