Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Muthoot Fincorp Team. If you also belong to the team, you can get access from here

Muthoot Fincorp Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Muthoot Fincorp Assistant General Manager salaries in India

Annual salary range
14 - 24 years exp.
₹12 Lakhs - ₹18.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
Fixed (87%)
₹13.3 Lakhs
Variable (13%)
₹2.1 Lakhs
unlock blur

38% less than the average Assistant General Manager Salary in NBFC Companies for 14 - 24 years of experience

Interested in this particular role?

Salaries in different departments

Human Resources
Assistant General Manager Salary
15 - 16 years exp. (AmbitionBox Estimate)
unlock-blur

₹16.6 L/yr - ₹20.3 L/yr

Sales & Business Development
Assistant General Manager Salary
23 years exp. (AmbitionBox Estimate)
unlock-blur

₹10.8 L/yr - ₹13.3 L/yr

Risk Management & Compliance
Assistant General Manager Salary
14 years exp. (AmbitionBox Estimate)
unlock-blur

₹16.4 L/yr - ₹20 L/yr

Last Updated: 18 Sep 2024

Companies similar to Muthoot Fincorp for Assistant General Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹5.5 L/yr - ₹15.6 L/yr

arrow icon 43% less
Logo
Shriram Finance Assistant General Manager Salary

22 - 28 years exp. (10 salaries)

unlock blur

₹8.5 L/yr - ₹21 L/yr

arrow icon 1% less
unlock blur

₹12 L/yr - ₹29 L/yr

arrow icon 17% more
Logo
L&T Finance Assistant General Manager Salary

8 - 15 years exp. (5 salaries)

unlock blur

₹30 L/yr - ₹60.4 L/yr

arrow icon 255% more
unlock blur

₹19 L/yr - ₹45 L/yr

arrow icon 125% more
unlock blur

₹13 L/yr - ₹22 L/yr

arrow icon 12% more
Logo
unlock blur

₹14 L/yr - ₹27 L/yr

arrow icon 16% more
unlock blur

₹13.4 L/yr - ₹22 L/yr

arrow icon 2% more
unlock blur

₹42 L/yr - ₹45 L/yr

arrow icon 186% more
Assistant General Manager salary at Muthoot Fincorp ranges between ₹12 Lakhs to ₹18.5 Lakhs per year for employees with experience between 14 years to 24 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Assistant General Manager

5mo ago
avg blur mobile
16 years exp.
9mo ago
avg blur mobile
14 years exp.
9mo ago
avg blur mobile
23 years exp.
1y ago
avg blur mobile
15 years exp.
1y ago
avg blur mobile
24 years exp.

Experience wise Muthoot Fincorp Assistant General Manager salaries

Last Updated: 18 Sep 2024

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

unlock blur

₹18.2 L/yr - ₹33.2 L/yr
15+ years  (4 salaries)

unlock blur

₹12 L/yr - ₹18.5 L/yr

Similar Designation salaries in Muthoot Fincorp

Assistant Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹3.6 L/yr - ₹4.6 L/yr
unlock blur
₹8.25 L/yr - ₹14.65 L/yr
unlock blur
₹6 L/yr - ₹9.3 L/yr
unlock blur
₹3.6 L/yr - ₹10 L/yr
unlock blur
₹3.5 L/yr - ₹8 L/yr
unlock blur
₹24 L/yr - ₹24.05 L/yr
unlock blur
₹3.55 L/yr - ₹7.4 L/yr
Area Manager Salary
(218 salaries)
unlock blur
₹3.2 L/yr - ₹10.1 L/yr
unlock blur
₹2.05 L/yr - ₹5.4 L/yr
Branch Manager Salary
(605 salaries)
unlock blur
₹1.25 L/yr - ₹6.3 L/yr

Salary related reviews for Muthoot Fincorp

3.8

Rated by 4 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

4.0
 for  Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

  • Salary - Good
  • +6 more

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 06 Nov 2024

3.0
 for  Salary and Benefits

Likes

Company was good and time to we get salary..

Dislikes

I have one year experience in this company what have seen is alot of politics in this area company say target some but they give add some other targets here higher official are not good that why we are suffering lot sir.

read more
  • Job security - Poor
  • +3 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Muthoot Fincorp Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at Muthoot Fincorp?
Assistant General Manager salary at Muthoot Fincorp in India ranges between ₹12.0 Lakhs to ₹18.5 Lakhs for experience between 14 years to 24 years. According to our estimates it is 38% less than the average Assistant General Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Assistant General Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Assistant General Manager at Muthoot Fincorp is 38% less than the average salary of a Assistant General Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp to a Assistant General Manager in India?
  • L&T Finance Assistant General Manager Salary - ₹30.0 Lakhs to ₹60.4 Lakhs per year
  • PNB Housing Finance Assistant General Manager Salary - ₹42.0 Lakhs to ₹45.0 Lakhs per year
  • Sammaan Capital Limited Assistant General Manager Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year
  • Cholamandalam Investment & Finance Assistant General Manager Salary - ₹12.0 Lakhs to ₹29.0 Lakhs per year
  • Sundaram Finance Assistant General Manager Salary - ₹14.0 Lakhs to ₹27.0 Lakhs per year
What is the salary of a Assistant General Manager in companies similar to Muthoot Fincorp in India?
  • CreditAccess Grameen Assistant General Manager Salary - ₹13.0 Lakhs to ₹22.0 Lakhs per year
  • Muthoot Finance Assistant General Manager Salary - ₹13.4 Lakhs to ₹22.0 Lakhs per year
  • Shriram Finance Assistant General Manager Salary - ₹8.5 Lakhs to ₹21.0 Lakhs per year
  • Manappuram Finance Assistant General Manager Salary - ₹5.5 Lakhs to ₹15.6 Lakhs per year
What is the estimated take home salary of a Assistant General Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Assistant General Manager at Muthoot Fincorp ranges between ₹1,05,672 per month to ₹1,08,577 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Assistant General Manager salary in India which ranges between ₹12.0 Lakhs to ₹18.5 Lakhs per year for employees with experience between 14 years to 24 years. Check how did we calculate take home salary?
What is the notice period for Assistant General Manager at Muthoot Fincorp?
According to AmbitionBox, 71% of the Muthoot Fincorp Assistant General Managers reported a notice period of 3 Months, 29% reported a notice period of 15 days or less.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Assistant General Manager salary in India ranges between ₹12 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.