Muthoot Fincorp Assistant Manager Salaries by 100+ Employees (Updated 2025)

0 - 11 years exp.

₹1.3 Lakh - ₹5.2 Lakhs

Salary of majority employees

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59% less than the average Assistant Manager Salary in NBFC Companies for 0 - 11 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 2 - 11 years exp. (61 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 1 - 11 years exp. (34 salaries)	Unlock ₹1.4 L/yr - ₹5.2 L/yr
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BFSI, Investments & Trading Assistant Manager Salary 0 - 11 years exp. (31 salaries)	Unlock ₹1.5 L/yr - ₹5.1 L/yr
Sales & Business Development Assistant Manager Salary 1 - 11 years exp. (15 salaries)	Unlock ₹2 L/yr - ₹4.5 L/yr
Human Resources Assistant Manager Salary 5 - 11 years exp. (10 salaries)	Unlock ₹3 L/yr - ₹4.7 L/yr

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Last Updated: 20 Feb 2025

Companies similar to Muthoot Fincorp for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Assistant Manager Salary 0 - 7 years exp. (457 salaries)	Unlock ₹1 L/yr - ₹6 L/yr 1% more	3 job openings
Bajaj Finance Assistant Manager Salary 0 - 13 years exp. (1.5k salaries)	Unlock ₹1.5 L/yr - ₹8.1 L/yr 38% more	307 job openings
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Shriram Finance Assistant Manager Salary 0 - 15 years exp. (383 salaries)	Unlock ₹0.7 L/yr - ₹6 L/yr 13% more	2 job openings
Mahindra Finance Assistant Manager Salary 3 - 11 years exp. (199 salaries)	Unlock ₹1.9 L/yr - ₹9.5 L/yr 62% more	1 job opening
Cholamandalam Investment & Finance Assistant Manager Salary 1 - 12 years exp. (191 salaries)	Unlock ₹1.6 L/yr - ₹8.7 L/yr 48% more	1 job opening
L&T Finance Assistant Manager Salary 1 - 9 years exp. (310 salaries)	Unlock ₹2.2 L/yr - ₹9.5 L/yr 65% more
HDB Financial Services Assistant Manager Salary 1 - 13 years exp. (473 salaries)	Unlock ₹1.7 L/yr - ₹7.8 L/yr 25% more
Reliance Capital Assistant Manager Salary 1 - 12 years exp. (27 salaries)	Unlock ₹2.6 L/yr - ₹7.3 L/yr 36% more
Edelweiss Assistant Manager Salary 0 - 9 years exp. (367 salaries)	Unlock ₹3.5 L/yr - ₹15 L/yr 146% more
Tata Capital Assistant Manager Salary 0 - 8 years exp. (159 salaries)	Unlock ₹3 L/yr - ₹13 L/yr 112% more

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Assistant Manager salary at Muthoot Fincorp ranges between ₹1.3 Lakh to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 195 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Assistant Manager

2d ago

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10 years exp.

2d ago

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3 years exp.

1w ago

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4 years exp.

1w ago

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3 years exp.

3w ago

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1 year exp.

4w ago

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6 years exp.

1mo ago

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2 years exp.

1mo ago

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4 years exp.

1mo ago

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6 years exp.

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7 years exp.

Experience wise Muthoot Fincorp Assistant Manager salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	Unlock ₹2.8 L/yr - ₹4 L/yr
1 year (7 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
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2 years (8 salaries)	Unlock ₹1.8 L/yr - ₹4.2 L/yr
3 years (23 salaries)	Unlock ₹1.4 L/yr - ₹5.2 L/yr
4 years (28 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
5 years (31 salaries)	Unlock ₹1.3 L/yr - ₹5.1 L/yr
6 years (26 salaries)	Unlock ₹2 L/yr - ₹5 L/yr
7 years (18 salaries)	Unlock ₹1.9 L/yr - ₹4.7 L/yr
8 years (18 salaries)	Unlock ₹2 L/yr - ₹4.2 L/yr
9 years (12 salaries)	Unlock ₹2.4 L/yr - ₹4.8 L/yr
10 years (12 salaries)	Unlock ₹3 L/yr - ₹5 L/yr
11 years (7 salaries)	Unlock ₹3 L/yr - ₹4.3 L/yr

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From

Assistant Manager

₹

Lakhs/yr

0 - 11 years exp.

Senior Area Manager

₹

Lakhs/yr

11 - 19 years exp.

Assistant Manager 0 - 11 years exp.

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Branch Manager 3 - 16 years exp.

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22% hike

Senior Branch Manager 7 - 18 years exp.

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35% hike

Similar Designation salaries in Muthoot Fincorp

Department Manager Salary

(AmbitionBox Estimate)

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₹22.4 L/yr - ₹28.6 L/yr

Assistant Branch Manager Salary

(163 salaries)

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₹1.75 L/yr - ₹5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr

Team Manager Salary

(AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

Store Manager Salary

(4 salaries)

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₹2 L/yr - ₹10 L/yr

Branch Manager Salary

(605 salaries)

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₹1.25 L/yr - ₹6.3 L/yr

Deputy Manager Salary

(65 salaries)

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₹2.75 L/yr - ₹7.9 L/yr

Sales Manager Salary

(61 salaries)

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₹3 L/yr - ₹6.8 L/yr

Relationship Manager Salary

(50 salaries)

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₹2.05 L/yr - ₹5.4 L/yr

Senior Officer Salary

(3 salaries)

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₹4 L/yr - ₹4.4 L/yr

Top skills at Muthoot Fincorp for Assistant Manager

Ca Stakeholder Management Personal Loans Inter Recruitment

Salary related reviews for Muthoot Fincorp

3.8

Rated by 101 employees for salary & benefits

Assistant Manager in Palakkad

Full Time

Finance & Accounting Department

5.0

• posted on 07 Nov 2024

1.0

for Salary and Benefits

Likes

excellant suport from seniors, salary on time,im proud to be a mutootian.

Skill development - Excellent

+5 more

Dislikes

only one think its salary package. company have to look in to this matter. im working here from past 10 years then also im not getting the good packege as per my vintage and experience.This is the one and only problem with my company.

Salary - Bad

Assistant Manager in Kochi

Full Time

Quality Assurance Department

5.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

Muthoot Fincorp ltd ...is a growing company. Secure branch atmosphere. Satisfaction is important than anything when you do a job. I like my job and I am happy to do my work.

Salary - Good

+6 more

Dislikes

...ause money is not the only thing that makes people stay back in an organisation. Apart from good pay u need to provide them 3 things. 1. Give responsibilities to people that help them expand their skill set. 2 Recognition... just around of applause&prasing people makes them feel valued. Assures them that their efforts are being seen..Celebrate people, It goes long way. 3 Respect...If you disrespect people nobody is going to stay with you. High performing talent, as they know their value in the market.. Organisation have to concentrate these things and maintain a fearless and friendship atmosphere. It build mutual trust between employees and organisation.

Assistant Manager in Bangalore / Bengaluru

Full Time

Other Department

2.0

• posted on 09 Aug 2024

1.0

for Salary and Benefits

Likes

Company has good customer base

Job security - Good

Dislikes

There is no international promotions on time and not received sufficient hike and salary according to market standards.. external recruities are paid according to market standards ....

Salary - Bad

+4 more

Assistant Manager in If You Die Also They Won't Care

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 07 Aug 2023

1.0

for Salary and Benefits

Likes

Job security - Good

Dislikes

You will not able to understand you salary in this company it will not same. When you ask to HR they told check with Audit and when you check with Audit they told they don't know. If they deduct salary unnecessary. It will take 5-6 months to credit your account and if they pay extra they will deduct with interest

Salary - Bad

+3 more

Assistant Manager

Finance & Accounting Department

2.0

• posted on 20 Feb 2019

2.0

for Salary and Benefits

Likes

No career growth at all. Salary/appraisal based on service only and not on work. There is no work-life balance specially for field staff.

Dislikes

Career growth not at all important segment in this organisation and salary hike depends up on service/vintage

Salary - Poor

+2 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly i... read more

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Muthoot Fincorp Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Muthoot Fincorp?

Assistant Manager salary at Muthoot Fincorp in India ranges between ₹1.3 Lakhs to ₹5.2 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 59% less than the average Assistant Manager Salary in India. Salary estimates are based on 195 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Assistant Manager at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Assistant Manager at Muthoot Fincorp is 59% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Muthoot Fincorp?

Ca, Stakeholder Management, Personal Loans, Inter and Recruitment are some of the popular skills required to work as a Assistant Manager at Muthoot Fincorp India.

Which similar companies are paying more than Muthoot Fincorp to a Assistant Manager in India?

Edelweiss Assistant Manager Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
Tata Capital Assistant Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
SMFG India Credit Assistant Manager Salary - ₹2.1 Lakhs to ₹12.1 Lakhs per year
Bharat Financial Inclusion Assistant Manager Salary - ₹1.6 Lakhs to ₹8.3 Lakhs per year
LendingKart Assistant Manager Salary - ₹3.2 Lakhs to ₹8.3 Lakhs per year

What is the salary of a Assistant Manager in companies similar to Muthoot Fincorp in India?

PNB Housing Finance Assistant Manager Salary - ₹3.7 Lakhs to ₹8.7 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹2.7 Lakhs to ₹10.3 Lakhs per year
L&T Finance Assistant Manager Salary - ₹2.2 Lakhs to ₹9.5 Lakhs per year
CreditAccess Grameen Assistant Manager Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year
Mahindra Finance Assistant Manager Salary - ₹1.9 Lakhs to ₹9.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager at Muthoot Fincorp in India?

The estimated take-home salary of a Assistant Manager at Muthoot Fincorp ranges between ₹25,302 per month to ₹26,737 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Assistant Manager salary in India which ranges between ₹1.3 Lakhs to ₹5.2 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at Muthoot Fincorp?

According to AmbitionBox, 35% of the Muthoot Fincorp Assistant Managers reported a notice period of 2 Months, 29% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 178 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Assistant Manager Salaries

Muthoot Fincorp Assistant Manager salary in India ranges between ₹1.3 Lakh to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 195 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

Muthoot Fincorp Assistant Manager salaries in India (Updated 2025)

Companies similar to Muthoot Fincorp for Assistant Manager

Latest annual salaries shared by Muthoot Fincorp Assistant Manager

Experience wise Muthoot Fincorp Assistant Manager salaries

Similar Designation salaries in Muthoot Fincorp

Top skills at Muthoot Fincorp for Assistant Manager

Salary related reviews for Muthoot Fincorp

Assistant Manager in Palakkad

Assistant Manager in Kochi

Assistant Manager in Bangalore / Bengaluru

Assistant Manager in If You Die Also They Won't Care

Assistant Manager

Muthoot Fincorp Assistant Manager Salary FAQs

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Muthoot Fincorp Assistant Manager Salaries by Location