Muthoot Fincorp Deputy Manager - Finance Salaries by 5 Employees

2 - 11 years exp.

₹2 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

57% less than the average Deputy Manager - Finance Salary in NBFC Companies for 2 - 11 years of experience

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Last Updated: 23 Aug 2024

Companies similar to Muthoot Fincorp for Deputy Manager - Finance

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Prime Deputy Manager - Finance Salary 3 - 13 years exp. (17 salaries)	₹4 L/yr - ₹7.5 L/yr 17% more
LendingKart Deputy Manager - Finance Salary 1 - 11 years exp. (10 salaries)	₹5.4 L/yr - ₹10.5 L/yr 45% more
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Mahindra Finance Deputy Manager - Finance Salary 6 - 11 years exp. (7 salaries)	₹5 L/yr - ₹10.5 L/yr 36% more
TVS Credit Deputy Manager - Finance Salary 0 - 13 years exp. (7 salaries)	₹6.1 L/yr - ₹12.5 L/yr 93% more
IIFL Finance Deputy Manager - Finance Salary 5 - 11 years exp. (6 salaries)	₹3.8 L/yr - ₹4.9 L/yr 12% less
Shriram Finance Deputy Manager - Finance Salary 4 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹4.5 L/yr 30% less
Sundaram Finance Deputy Manager - Finance Salary 4 - 6 years exp. (5 salaries)	₹6 L/yr - ₹9 L/yr 49% more
Poonawalla Fincorp Deputy Manager - Finance Salary 8 - 18 years exp. (4 salaries)	₹6.4 L/yr - ₹8.1 L/yr 39% more
Satin Creditcare Network Deputy Manager - Finance Salary 5 - 13 years exp. (3 salaries)	₹4.5 L/yr - ₹5.3 L/yr 4% less

Deputy Manager - Finance salary at Muthoot Fincorp ranges between ₹2 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Deputy Manager - Finance salaries

Last Updated: 23 Aug 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.2 L/yr
8 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

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Salary related reviews for Muthoot Fincorp

5.0

Rated by 1 employees for salary & benefits

Gold Inspector in Pan India

Full Time

Finance & Accounting Department

4.0

• posted on 06 Nov 2024

3.0

for Salary and Benefits

Likes

1. Great place to work. 2. Employment engagement has directly recognised your productivity, and got appraisal on your performance. 3. Our potential employees, bringing better skilled, more dedicated and passionate talent to our team.

Skill development - Excellent

+5 more

Dislikes

1. Need to revise the salary package.

Internal Auditor in Bangalore Or Mysur

Full Time

Finance & Accounting Department

3.0

• posted on 14 Oct 2022

1.0

for Salary and Benefits

Likes

Really learnt lot of knowledge..good Culture evry person give good respect and also job discription is very impressive.

Work satisfaction - Excellent

+2 more

Dislikes

But majer disadvantage is salary... Now a days 15K not good salary and recently work pressure &less salary those are the two reasons last six month 18 auditors resigned.. really your Karnataka audit department is broken now.

Salary - Bad

+1 more

Finance Executive in Nagpur

Finance & Accounting Department

4.0

• posted on 29 May 2020

3.0

for Salary and Benefits

Likes

I have working last 1 and half year with Muthoot Fincorp LTd. my work experience better and joy full all Manager are saporting me on field work.

Skill development - Good

+2 more

Dislikes

In lockdown Company deducted salary and push on Fild work in corona Covid 19 condition

Job security - Poor

+1 more

Gold Inspector

Gold Inspection Audit Department

5.0

• posted on 19 Sep 2019

4.0

for Salary and Benefits

Likes

My overall experience was excellent, Give an enough training period for learning what was your work profile. Teammates are very helpful and supportive. And also senior authorities.

Salary - Good

+5 more

Dislikes

All employees are dislike the salary growth as compared to other companies.

Gold Inspector in New Delhi

Finance & Accounting Department

3.0

• posted on 19 Aug 2017

2.0

for Salary and Benefits

Likes

...were used. That means training sessions was excellent. Now it has become poor. Poor salary and Poor appraisal salary would be in between 12k-15k. Forget about job security. Good company for learning purposes only if you go through your KRAs, shift rotations and other seniors KRAs. Overall Good company to start, Low package, Fixed timings 9-5.30, Low increments

Skill development - Good

+1 more

Dislikes

Salary

Salary - Poor

+2 more

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 Deputy Manager - Finance Salary FAQs

What is the salary of Deputy Manager - Finance at Muthoot Fincorp ?

The average salary of a Deputy Manager - Finance at Muthoot Fincorp in India typically ranges from ₹2.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Deputy Manager - Finance at Muthoot Fincorp earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Deputy Manager - Finance 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 Deputy Manager - Finance at Muthoot Fincorp in India?

The estimated take-home salary of a Deputy Manager - Finance at Muthoot Fincorp in India typically ranges from ₹37,995 to ₹39,190 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 11 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 Deputy Manager - Finance in India?

TVS Credit	₹6.1 Lakhs to ₹12.5 Lakhs per year
Sundaram Finance	₹6.0 Lakhs to ₹9.0 Lakhs per year
LendingKart	₹5.4 Lakhs to ₹10.5 Lakhs per year
Poonawalla Fincorp	₹6.4 Lakhs to ₹8.1 Lakhs per year
Mahindra Finance	₹5.0 Lakhs to ₹10.5 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 Deputy Manager - Finance in companies similar to Muthoot Fincorp in India?

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

Kotak Mahindra Prime	₹4.0 Lakhs to ₹7.5 Lakhs per year
Satin Creditcare Network	₹4.5 Lakhs to ₹5.3 Lakhs per year
IIFL Finance	₹3.8 Lakhs to ₹4.9 Lakhs per year
Shriram Finance	₹2.5 Lakhs to ₹4.5 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 Deputy Manager - Finance at Muthoot Fincorp in India?

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

Experience	Average Salary Range
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
3 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Muthoot Fincorp Deputy Manager - Finance Salaries

Muthoot Fincorp Deputy Manager - Finance salary in India ranges between ₹2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.