Muthoot Fincorp Mumbai Assistant Manager Salaries by 10+ Employees (Updated 2025)

0 - 8 years exp.

₹2.1 Lakhs - ₹5 Lakhs

Salary of majority employees

57% less than the average Assistant Manager Salary in NBFC Companies for 0 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 0 - 7 years exp. (5 salaries)	₹2.1 L/yr - ₹3.9 L/yr
Finance & Accounting Assistant Manager Salary 3 - 5 years exp. (4 salaries)	₹2.1 L/yr - ₹5 L/yr
Login to view exact salary
Customer Success, Service & Operations Assistant Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.2 L/yr
Sales & Business Development Assistant Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.2 L/yr

Last Updated: 12 Feb 2025

Companies similar to Muthoot Fincorp for Assistant Manager in Mumbai

Muthoot Fincorp Assistant Manager Salary

0 - 8 years exp. (12 salaries)

₹2.1 L/yr - ₹5 L/yr

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Assistant Manager Salary 1 - 7 years exp. (29 salaries)	₹1.2 L/yr - ₹6 L/yr 2% less	4 job openings
Bajaj Finance Assistant Manager Salary 0 - 11 years exp. (119 salaries)	₹1.8 L/yr - ₹7.6 L/yr 36% more	849 job openings
Login to view exact salary
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (79 salaries)	₹2.4 L/yr - ₹5.8 L/yr 14% more	2 job openings
Mahindra Finance Assistant Manager Salary 3 - 10 years exp. (61 salaries)	₹3.2 L/yr - ₹10 L/yr 62% more	1 job opening
L&T Finance Assistant Manager Salary 1 - 9 years exp. (120 salaries)	₹3.1 L/yr - ₹9 L/yr 73% more
HDB Financial Services Assistant Manager Salary 1 - 13 years exp. (133 salaries)	₹1.8 L/yr - ₹9.5 L/yr 30% more
Reliance Capital Assistant Manager Salary 1 - 12 years exp. (19 salaries)	₹2.6 L/yr - ₹6 L/yr 27% more
Edelweiss Assistant Manager Salary 0 - 9 years exp. (313 salaries)	₹3.5 L/yr - ₹14.9 L/yr 136% more
Tata Capital Assistant Manager Salary 0 - 8 years exp. (96 salaries)	₹3 L/yr - ₹13 L/yr 114% more
IIFL Finance Assistant Manager Salary 0 - 12 years exp. (103 salaries)	₹2.4 L/yr - ₹7 L/yr 16% more

View all

Assistant Manager salary at Muthoot Fincorp ranges between ₹2.1 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Assistant Manager salaries in Mumbai

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.9 L/yr
1 year (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.9 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.3 L/yr
4 years (3 salaries)	₹2 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4.2 L/yr

View all

From

Assistant Manager

₹

Lakhs/yr

0 - 11 years exp.

Senior Area Manager

₹

Lakhs/yr

11 - 19 years exp.

Assistant Manager 0 - 11 years exp.

Branch Manager 3 - 16 years exp.

19% hike

Senior Branch Manager 7 - 18 years exp.

36% hike

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary

(31 salaries)

₹2.05 L/yr - ₹6.35 L/yr

Assistant Branch Manager Salary

(11 salaries)

₹2.05 L/yr - ₹4 L/yr

Deputy Manager Salary

(6 salaries)

₹3.25 L/yr - ₹5 L/yr

Sales Manager Salary

(4 salaries)

₹3.8 L/yr - ₹5.4 L/yr

Top skills at Muthoot Fincorp for Assistant Manager

Ca Stakeholder Management Personal Loans Inter Recruitment

Salary related reviews for Muthoot Fincorp

3.5

Rated by 2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

Got a question about Muthoot Fincorp?

Ask anonymously on communities.

Muthoot Fincorp Assistant Manager Salary FAQs

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

Assistant Manager salary at Muthoot Fincorp in Mumbai ranges between ₹2.1 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 57% less than the average Assistant Manager Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Muthoot Fincorp Mumbai.

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

The average salary of a Assistant Manager at Muthoot Fincorp is 57% less than the average salary of a Assistant Manager in Mumbai. 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 Mumbai.

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

Edelweiss Assistant Manager Salary - ₹3.5 Lakhs to ₹14.9 Lakhs per year
SMFG India Credit Assistant Manager Salary - ₹4.2 Lakhs to ₹14.0 Lakhs per year
Tata Capital Assistant Manager Salary - ₹3.0 Lakhs to ₹13.0 Lakhs per year
L&T Finance Assistant Manager Salary - ₹3.1 Lakhs to ₹9.0 Lakhs per year
PNB Housing Finance Assistant Manager Salary - ₹4.8 Lakhs to ₹8.6 Lakhs per year

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

Mahindra Finance Assistant Manager Salary - ₹3.2 Lakhs to ₹10.0 Lakhs per year
Tata Capital Housing Finance Assistant Manager Salary - ₹5.2 Lakhs to ₹8.1 Lakhs per year
Sammaan Capital Limited Assistant Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
Sundaram Finance Assistant Manager Salary - ₹4.8 Lakhs to ₹6.6 Lakhs per year
Poonawalla Fincorp Assistant Manager Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Muthoot Fincorp ranges between ₹26,331 per month to ₹27,749 per month in Mumbai. The take-home salary calculation is based on the average Muthoot Fincorp Assistant Manager salary in India which ranges between ₹2.1 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 71% of the Muthoot Fincorp Assistant Managers in Mumbai reported a notice period of 3 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Muthoot Fincorp Salaries >
Muthoot Fincorp Assistant Manager Salaries >
Muthoot Fincorp Assistant Manager Salaries in Mumbai

Muthoot Fincorp Assistant Manager salary in Mumbai ranges between ₹2.1 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.