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4.5

based on 7.1k Reviews

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Muthoot Fincorp Assistant Manager salaries in Chennai (Updated 2025)

Annual salary range
0 - 9 years exp.
₹2 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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53% less than the average Assistant Manager Salary in NBFC Companies for 0 - 9 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting
Assistant Manager Salary
0 - 7 years exp. (4 salaries)
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₹3 L/yr - ₹4.5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.8 L/yr

Last Updated: 31 Mar 2025

Companies similar to Muthoot Fincorp for Assistant Manager in Chennai

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Muthoot Fincorp Assistant Manager Salary

0 - 9 years exp. (10 salaries)
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₹2 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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TVS Credit Assistant Manager Salary

1 - 11 years exp. (129 salaries)
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₹3 L/yr - ₹8.5 L/yr

arrow icon 49% more
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Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (113 salaries)
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₹2.2 L/yr - ₹5 L/yr

arrow icon 4% more
 1 job opening
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Sundaram Finance Assistant Manager Salary

0 - 10 years exp. (87 salaries)
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₹2.6 L/yr - ₹7.6 L/yr

arrow icon 39% more
 2 job openings
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (72 salaries)
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₹1.7 L/yr - ₹5.5 L/yr

arrow icon 4% less
 2 job openings
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Manappuram Finance Assistant Manager Salary

0 - 6 years exp. (51 salaries)
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₹1.4 L/yr - ₹4.5 L/yr

arrow icon 20% less
 5 job openings
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Asirvad Microfinance Assistant Manager Salary

0 - 7 years exp. (37 salaries)
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₹1.8 L/yr - ₹6.3 L/yr

arrow icon 14% less
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Kotak Mahindra Prime Assistant Manager Salary

1 - 8 years exp. (26 salaries)
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₹2.4 L/yr - ₹4.8 L/yr

arrow icon 8% less
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Mahindra Finance Assistant Manager Salary

6 - 9 years exp. (12 salaries)
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₹3.1 L/yr - ₹5.5 L/yr

arrow icon 23% more
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Electronica Finance Assistant Manager Salary

2 - 10 years exp. (11 salaries)
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₹3.9 L/yr - ₹6.8 L/yr

arrow icon 32% more
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L&T Finance Assistant Manager Salary

3 - 9 years exp. (9 salaries)
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₹3.8 L/yr - ₹8 L/yr

arrow icon 40% more
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SMFG India Credit Assistant Manager Salary

1 - 10 years exp. (9 salaries)
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₹3.3 L/yr - ₹10.7 L/yr

arrow icon 71% more
 2 job openings
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Sammaan Capital Limited Assistant Manager Salary

6 - 12 years exp. (8 salaries)
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₹3 L/yr - ₹6.6 L/yr

arrow icon 49% more
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Five-Star Business Finance Assistant Manager Salary

5 - 9 years exp. (5 salaries)
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₹4.1 L/yr - ₹7.8 L/yr

arrow icon 31% more
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Mahindra Rural Housing Finance Assistant Manager Salary

6 - 10 years exp. (4 salaries)
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₹3.2 L/yr - ₹4.9 L/yr

arrow icon 7% more
Assistant Manager salary at Muthoot Fincorp ranges between ₹2 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Assistant Manager in Chennai

1w ago
₹3.8 Lakhs
8 years exp.
2mo ago
₹3.8 Lakhs
4 years exp.
3mo ago
₹5 Lakhs
6 years exp.
9mo ago
₹3.5 Lakhs
5 years exp.
10mo ago
₹4.8 Lakhs
9 years exp.
1y ago
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9 years exp.
1y ago
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7 years exp.

Experience wise Muthoot Fincorp Assistant Manager salaries in Chennai

Last Updated: 31 Mar 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.2 L/yr
1 year (AmbitionBox Estimate)

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₹3.3 L/yr - ₹4.3 L/yr
2 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.3 L/yr
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.4 L/yr
View all
Muthoot Fincorp Assistant Manager Salary and Career Growth

From

To

Assistant Manager

₹unlock blur Lakhs/yr

0 - 11 years exp.

Senior Area Manager

₹unlock blur Lakhs/yr

11 - 19 years exp.

Assistant Manager

0 - 11 years exp.
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Branch Manager

2 - 16 years exp.
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arrow icon 24% hike

Senior Branch Manager

6 - 18 years exp.
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arrow icon 27% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary
(82 salaries)
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₹2.2 L/yr - ₹6 L/yr
Deputy Manager Salary
(13 salaries)
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₹3.7 L/yr - ₹6.8 L/yr
Sales Manager Salary
(5 salaries)
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₹4.3 L/yr - ₹6 L/yr
Relationship Manager Salary
(4 salaries)
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₹2.15 L/yr - ₹3.2 L/yr

Top skills at Muthoot Fincorp for Assistant Manager

Ca Stakeholder Management Personal Loans Inter Recruitment

Salary related reviews for Muthoot Fincorp

4.5

Rated by 10 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.

read more
  • 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.

read more
  • 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.

read more

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 ....

read more
  • 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

No

  • 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

read more
  • 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.

read more

Dislikes

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

read more
  • Salary - Poor
    • +2 more
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
Verified Icon
·
works at
Georgia-Pacific
New offer. Confused.
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 Salary FAQs

What is the salary of Assistant Manager at Muthoot Fincorp in Chennai?
The average salary of a Assistant Manager at Muthoot Fincorp in Chennai typically ranges from ₹2.0 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 9 years).

The top 10% of Assistant Manager in Chennai at Muthoot Fincorp earn more than ₹4.9 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Assistant Manager 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 10 Muthoot Fincorp employees in India.
What is the estimated take home salary of a Assistant Manager at Muthoot Fincorp in Chennai?
The estimated take-home salary of a Assistant Manager at Muthoot Fincorp in Chennai typically ranges from ₹28,863 to ₹30,244 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 9 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 10 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Muthoot Fincorp in Chennai?
To be a Assistant Manager at Muthoot Fincorp in Chennai, the key skills required include:

  • - Ca
  • - Stakeholder Management
  • - Personal Loans
  • - Inter
  • - Recruitment

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Assistant Manager in India?
SMFG India Credit ₹3.3 Lakhs to ₹10.7 Lakhs per year
TVS Credit ₹3.0 Lakhs to ₹8.5 Lakhs per year
Sammaan Capital Limited ₹3.0 Lakhs to ₹6.6 Lakhs per year
L&T Finance ₹3.8 Lakhs to ₹8.0 Lakhs per year
Sundaram Finance ₹2.6 Lakhs to ₹7.6 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 in companies similar to Muthoot Fincorp in Chennai?
The salary of a Assistant Manager at companies similar to Muthoot Fincorp in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Electronica Finance ₹3.9 Lakhs to ₹6.8 Lakhs per year
Five-Star Business Finance ₹4.1 Lakhs to ₹7.8 Lakhs per year
Mahindra Finance ₹3.1 Lakhs to ₹5.5 Lakhs per year
Mahindra Rural Housing Finance ₹3.2 Lakhs to ₹4.9 Lakhs per year
Muthoot Finance ₹2.2 Lakhs to ₹5.0 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 at Muthoot Fincorp in Chennai?
The salary growth for a Assistant Manager at Muthoot Fincorp in Chennai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Chennai can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
Fresher ₹3.3 Lakhs to ₹4.2 Lakhs per year
1 year ₹3.3 Lakhs to ₹4.3 Lakhs per year
2 years ₹3.4 Lakhs to ₹4.3 Lakhs per year
3 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Assistant Manager salary in Chennai ranges between ₹2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.