Muthoot Fincorp Assistant Manager Operations Salaries by 5 Employees

2 - 16 years exp.

₹2.9 Lakhs - ₹5.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

53% less than the average Assistant Manager Operations Salary in NBFC Companies for 2 - 16 years of experience

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Last Updated: 27 Jan 2024

Companies similar to Muthoot Fincorp for Assistant Manager Operations

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Manager Operations Salary 1 - 8 years exp. (115 salaries)	₹2 L/yr - ₹4.6 L/yr 7% more
Sammaan Capital Limited Assistant Manager Operations Salary 4 - 10 years exp. (27 salaries)	₹1.8 L/yr - ₹6.3 L/yr 20% more
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Mahindra Finance Assistant Manager Operations Salary 1 - 8 years exp. (21 salaries)	₹2.6 L/yr - ₹6.6 L/yr 40% more
PNB Housing Finance Assistant Manager Operations Salary 5 - 13 years exp. (20 salaries)	₹3.9 L/yr - ₹6.8 L/yr 74% more
Shriram Finance Assistant Manager Operations Salary 1 - 12 years exp. (14 salaries)	₹2.5 L/yr - ₹4.3 L/yr 1% less
IIFL Finance Assistant Manager Operations Salary 4 - 13 years exp. (13 salaries)	₹3.2 L/yr - ₹4.8 L/yr 22% more
Satin Creditcare Network Assistant Manager Operations Salary 2 - 9 years exp. (11 salaries)	₹3.4 L/yr - ₹4.8 L/yr 30% more
Manappuram Finance Assistant Manager Operations Salary 1 - 10 years exp. (11 salaries)	₹1.8 L/yr - ₹4.3 L/yr 11% less
Sundaram Finance Assistant Manager Operations Salary 0 - 12 years exp. (10 salaries)	₹3 L/yr - ₹6 L/yr 38% more
LendingKart Assistant Manager Operations Salary 2 - 7 years exp. (9 salaries)	₹3.1 L/yr - ₹6.1 L/yr 28% more
L&T Finance Assistant Manager Operations Salary 5 - 10 years exp. (9 salaries)	₹4.1 L/yr - ₹6.9 L/yr 77% more
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Aavas Financiers Assistant Manager Operations Salary 4 - 7 years exp. (8 salaries)	₹2.3 L/yr - ₹4.8 L/yr 13% more
Capri Global Capital Assistant Manager Operations Salary 6 - 14 years exp. (7 salaries)	₹3.2 L/yr - ₹4.6 L/yr 26% more
TVS Credit Assistant Manager Operations Salary 4 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹5.8 L/yr 45% more
Electronica Finance Assistant Manager Operations Salary 4 - 11 years exp. (7 salaries)	₹4.5 L/yr - ₹5.5 L/yr 55% more
SMFG India Credit Assistant Manager Operations Salary 5 - 15 years exp. (7 salaries)	₹4.5 L/yr - ₹8 L/yr 81% more
Poonawalla Fincorp Assistant Manager Operations Salary 0 - 11 years exp. (7 salaries)	₹4 L/yr - ₹6.9 L/yr 48% more
Kotak Mahindra Prime Assistant Manager Operations Salary 4 - 7 years exp. (6 salaries)	₹3.1 L/yr - ₹4 L/yr 3% more
Ess Kay Fincorp Assistant Manager Operations Salary 1 - 11 years exp. (6 salaries)	₹2.8 L/yr - ₹4.1 L/yr 3% more
Mahindra Rural Housing Finance Assistant Manager Operations Salary 5 - 7 years exp. (5 salaries)	₹2.3 L/yr - ₹3 L/yr 23% less

View all

Assistant Manager Operations salary at Muthoot Fincorp ranges between ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Assistant Manager Operations salaries

Last Updated: 27 Jan 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹5.2 L/yr
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4 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
5 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
11 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
12 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
13 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
14 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
15+ years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.5 L/yr

View all

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Salary related reviews for Muthoot Fincorp

4.0

Rated by 5 employees for salary & benefits

Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

5.0

for Salary and Benefits

Likes

The opportunities for continuous learning and professional development & salary credited on time.

Salary - Excellent

+5 more

Dislikes

Company is great no dought ,I am working here last 1.5 years and I see some people have two faces and changing their own words according to the situation. All over great !

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

3.0

for Salary and Benefits

Likes

Working timing is good, and salary is always come on time.

Job security - Good

+2 more

Dislikes

In this company salary increment is done according to the outstanding of the branch, so the new staff who join in a smaller branch will not get any benefit. If increment is done according to the outstanding of the branch then the vintage staff should get a bigger branch according to their individual score card or there should be shuffling of all employees every 2 years.

Promotions - Bad

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

4.0

for Salary and Benefits

Likes

Working timing is good, Salary come on time , great place for girls as they get job nearest to home

Salary - Good

+2 more

Dislikes

Working culture is toxic in some branches as there is lot of gap between management and employees. Employees do not able to contact HR for their problems. Appraisal and increment is not good as only buttering people get that.

Promotions - Poor

BD Executive in Mysuru / Mysore

Full Time

Sales & Business Development Department

1.0

• posted on 14 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

I am not satisfied with the company and also company salary I am working hard but the salary not high from last from 1 year but target is very high lot of pressure totally not happy with this enviornment

Salary - Bad

+6 more

Business Development Officer in Bhopal

Full Time

Sales & Business Development Department

5.0

• posted on 26 Nov 2024

5.0

for Salary and Benefits

Likes

The company is very good, I like the company a lot but my salary is very low, that's why I am a little angry because my salary is low

Salary - Excellent

+6 more

Dislikes

I do not want to dislike anything but I want to tell you that I am a business development officer but my salary package is very low. I am working here on a very low salary.

see more salary related reviews

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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 Fincorp Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at Muthoot Fincorp ?

The average salary of a Assistant Manager Operations at Muthoot Fincorp in India typically ranges from ₹2.9 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 16 years).

The top 10% of Assistant Manager Operations at Muthoot Fincorp earn more than ₹5.5 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Assistant Manager Operations Salaries at Muthoot Fincorp 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 5 Muthoot Fincorp employees in India.

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

The estimated take-home salary of a Assistant Manager Operations at Muthoot Fincorp in India typically ranges from ₹23,512 to ₹24,973 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years to 16 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 5 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Fincorp for Assistant Manager Operations in India?

Ugro Capital	₹5.0 Lakhs to ₹8.8 Lakhs per year
SMFG India Credit	₹4.5 Lakhs to ₹8.0 Lakhs per year
L&T Finance	₹4.1 Lakhs to ₹6.9 Lakhs per year
PNB Housing Finance	₹3.9 Lakhs to ₹6.8 Lakhs per year
Electronica Finance	₹4.5 Lakhs to ₹5.5 Lakhs per year

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

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

The salary of a Assistant Manager Operations at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp	₹4.0 Lakhs to ₹6.9 Lakhs per year
Tata Capital Housing Finance	₹4.5 Lakhs to ₹4.8 Lakhs per year
TVS Credit	₹3.8 Lakhs to ₹5.8 Lakhs per year
Mahindra Finance	₹2.6 Lakhs to ₹6.6 Lakhs per year
Sundaram Finance	₹3.0 Lakhs to ₹6.0 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 Assistant Manager Operations at Muthoot Fincorp in India?

The salary growth for a Assistant Manager Operations at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Assistant Manager Operations can expect the following growth trajectory at Muthoot Fincorp:

Experience	Average Salary Range
2 years	₹1.1 Lakhs to ₹4.0 Lakhs per year
3 years	₹1.2 Lakhs to ₹5.2 Lakhs per year
4 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
5 years	₹1.2 Lakhs to ₹5.5 Lakhs per year

and so on.

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Muthoot Fincorp Assistant Manager Operations Salaries

Muthoot Fincorp Assistant Manager Operations salary in India ranges between ₹2.9 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.