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Muthoot Finance Senior Manager salaries in New Delhi (Updated 2025)

Annual salary range
12 - 18 years exp.
₹8 Lakhs - ₹10.2 Lakhs
Salary of majority employees
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Fixed (89%)
₹7.5 Lakhs
Variable (11%)
₹1.0 Lakh
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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)
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₹8 L/yr - ₹9.3 L/yr

Strategic & Top Management
Senior Manager Salary
17 - 18 years exp. (AmbitionBox Estimate)
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₹8 L/yr - ₹9 L/yr

Finance & Accounting
Senior Manager Salary
14 years exp. (AmbitionBox Estimate)
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₹7.6 L/yr - ₹10.2 L/yr

Sales & Business Development
Senior Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹8.5 L/yr - ₹10.2 L/yr

Last Updated: 10 Mar 2025

Companies similar to Muthoot Finance for Senior Manager in New Delhi

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Muthoot Finance Senior Manager Salary

12 - 18 years exp. (7 salaries)

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₹8 L/yr - ₹10.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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PNB Housing Finance Senior Manager Salary

5 - 16 years exp. (38 salaries)

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₹12 L/yr - ₹22.2 L/yr

arrow icon 109% more
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Sammaan Capital Limited Senior Manager Salary

5 - 17 years exp. (21 salaries)

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₹7.4 L/yr - ₹17 L/yr

arrow icon 31% more
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L&T Finance Senior Manager Salary

3 - 12 years exp. (17 salaries)

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₹10 L/yr - ₹23 L/yr

arrow icon 99% more
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IIFL Finance Senior Manager Salary

3 - 13 years exp. (9 salaries)

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₹3.8 L/yr - ₹9.5 L/yr

arrow icon 4% more
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Kotak Mahindra Prime Senior Manager Salary

4 - 14 years exp. (8 salaries)

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₹9.9 L/yr - ₹13.5 L/yr

arrow icon 39% more
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TVS Credit Senior Manager Salary

7 - 17 years exp. (8 salaries)

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₹8 L/yr - ₹20 L/yr

arrow icon 110% more
1 job opening
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₹6 L/yr - ₹15.5 L/yr

arrow icon 15% more
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Manappuram Finance Senior Manager Salary

7 - 13 years exp. (6 salaries)

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₹4.3 L/yr - ₹8.5 L/yr

arrow icon 20% less
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SMFG India Credit Senior Manager Salary

8 - 15 years exp. (6 salaries)

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₹7.8 L/yr - ₹24.3 L/yr

arrow icon 119% more
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Muthoot Fincorp Senior Manager Salary

9 - 11 years exp. (5 salaries)

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₹5 L/yr - ₹9.7 L/yr

arrow icon 15% less
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HDB Financial Services Senior Manager Salary

5 - 14 years exp. (5 salaries)

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₹4.6 L/yr - ₹10.3 L/yr

arrow icon 21% less
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LendingKart Senior Manager Salary

7 - 16 years exp. (4 salaries)

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₹12 L/yr - ₹28.6 L/yr

arrow icon 125% more
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Capri Global Capital Senior Manager Salary

7 - 15 years exp. (4 salaries)

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₹9.3 L/yr - ₹15.4 L/yr

arrow icon 68% more
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Mahindra Finance Senior Manager Salary

8 - 10 years exp. (4 salaries)

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₹10.6 L/yr - ₹15 L/yr

arrow icon 33% more
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Shriram Finance Senior Manager Salary

6 - 14 years exp. (4 salaries)

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₹12.4 L/yr - ₹20.2 L/yr

arrow icon 53% 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.

Latest annual salaries shared by Muthoot Finance Senior Manager in New Delhi

2w ago
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14 years exp.
7mo ago
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13 years exp.
1y ago
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14 years exp.

Experience wise Muthoot Finance Senior Manager salaries in New Delhi

Last Updated: 10 Mar 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.2 L/yr
13 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10 L/yr
14 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr
15+ years (AmbitionBox Estimate)

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₹7.4 L/yr - ₹9.5 L/yr

Similar Designation salaries in Muthoot Finance

Branch Manager Salary
(53 salaries)
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₹3.4 L/yr - ₹7.5 L/yr
Deputy Manager Salary
(16 salaries)
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₹3 L/yr - ₹8.9 L/yr
Sales Manager Salary
(3 salaries)
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₹4.5 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

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...

read more

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
see more salary related reviews

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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
TVS Credit ₹8.0 Lakhs to ₹20.0 Lakhs per year
PNB Housing Finance ₹12.0 Lakhs to ₹22.2 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:

Capri Global Capital ₹9.3 Lakhs to ₹15.4 Lakhs per year
Shriram Finance ₹12.4 Lakhs to ₹20.2 Lakhs per year
Kotak Mahindra Prime ₹9.9 Lakhs to ₹13.5 Lakhs per year
Mahindra Finance ₹10.6 Lakhs to ₹15.0 Lakhs per year
Sammaan Capital Limited ₹7.4 Lakhs to ₹17.0 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.

Tell us how to improve this page.

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