Muthoot Fincorp HR Manager Salaries by 6 Employees (Updated 2025)

5 - 14 years exp.

₹4.3 Lakhs - ₹8.2 Lakhs

Low Confidence

Salary of majority employees

43% less than the average HR Manager Salary in NBFC Companies for 5 - 14 years of experience

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Last Updated: 28 Jan 2025

Companies similar to Muthoot Fincorp for HR Manager

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Manappuram Finance HR Manager Salary 0 - 6 years exp. (6 salaries)	₹0.4 L/yr - ₹6.4 L/yr 60% less
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Shriram Finance HR Manager Salary 3 - 16 years exp. (9 salaries)	₹3.4 L/yr - ₹7.5 L/yr 8% less
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Cholamandalam Investment & Finance HR Manager Salary 7 - 16 years exp. (11 salaries)	₹9 L/yr - ₹15 L/yr 107% more
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Bharat Financial Inclusion HR Manager Salary 5 - 12 years exp. (17 salaries)	₹5.1 L/yr - ₹9.6 L/yr 21% more
Poonawalla Fincorp HR Manager Salary 3 - 13 years exp. (14 salaries)	₹5.3 L/yr - ₹17.5 L/yr 91% more
TVS Credit HR Manager Salary 4 - 13 years exp. (12 salaries)	₹8.2 L/yr - ₹15 L/yr 67% more
Satin Creditcare Network HR Manager Salary 6 - 14 years exp. (11 salaries)	₹5.8 L/yr - ₹8 L/yr 6% more
SK Finance Limited HR Manager Salary 5 - 10 years exp. (14 salaries)	₹3.8 L/yr - ₹9 L/yr 4% less
Muthoot Finance HR Manager Salary 1 - 12 years exp. (11 salaries)	₹1 L/yr - ₹9 L/yr 13% less
IIFL Finance HR Manager Salary 7 - 10 years exp. (10 salaries)	₹6 L/yr - ₹12 L/yr 45% more
Muthoot Microfin HR Manager Salary 3 - 14 years exp. (11 salaries)	₹3 L/yr - ₹6.2 L/yr 20% less
Sammaan Capital Limited HR Manager Salary 2 - 11 years exp. (10 salaries)	₹3.6 L/yr - ₹8.3 L/yr 10% less

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HR Manager salary at Muthoot Fincorp ranges between ₹4.3 Lakhs to ₹8.2 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp HR Manager salaries

Last Updated: 28 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
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7 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
8 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹10.5 L/yr
9 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹10.9 L/yr
10 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
11 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.2 L/yr
13 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
14 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.2 L/yr

View all

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Top skills at Muthoot Fincorp for HR Manager

Human Resource Management NBFC

Salary related reviews for Muthoot Fincorp

3.0

Rated by 1 employees for salary & benefits

Senior HR Executive in Bangalore / Bengaluru

Full Time

Human Resources Department

3.0

• posted on 07 Nov 2024

3.0

for Salary and Benefits

Likes

Work life Balance, on time salary,

Skill development - Good

+2 more

Dislikes

Less growth as many employees are in lower management even after spending 10+ years in the company. Less support department employees head count to coordinate with big number of employees pool.

Junior Manager HR in Pankaj Towers, Punnen Road, Thiruvananthapuram

Full Time

Human Resources Department

5.0

• posted on 27 Jul 2023

1.0

for Salary and Benefits

Likes

We have our own comfort while working here because there is no work pressure but we have to develop skills our own. But without any doubt I can proudly say the long stint of 9.5 years with Muthoot has sobered in motivation and enlightened my career knowledge.

Skill development - Good

+3 more

Dislikes

Low salary, no hike, no encouraging co-workers, Managers always gaining benefit of their own by taking advantage of work done by subordinates.

Salary - Bad

+1 more

Assistant Manager Administrator in Kozhikode

Infrastructure and administration Department

4.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Done lots of travel in North Kerala. There is a Muthoot Fincorp branch in every nook and corner of Kerala

Promotions - Good

+1 more

Dislikes

Roles and responsibilities did not change even after promotion and there was no significant hike in salary as well

Salary - Poor

Senior Executive in Goa

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... 3months.. you work there n within 3months you search for another organisation.. they offer lowest salary in the market.. and on top of it you'll have to serve 2months or 3months resignation period and after that also they will not provide you ur reliving letter n even your full n final settlement will not happen.. they take year to do Full and final settlement.. I was the employee here after 2 years I gave resignation fir better opportunity but m lacking behind only because I don't have reliving letter.. even after 4 months and tones of followups with them they arey not giving me my reliving letter and my salary.. so think before you join.. here no one will help you manager area manager regional manager no one.. worst company it is.. u better seat home rather you join in muthoot Fincorp.. if you join you will regret it till your alive mark my words.. they are totally unprofessional and behave rediculous.. THINK BEFOR YOU JOIN MUTHOOT FINCORP LTD

Salary - Bad

+6 more

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 !

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Muthoot Fincorp HR Manager Salary FAQs

What is the salary of HR Manager at Muthoot Fincorp?

HR Manager salary at Muthoot Fincorp in India ranges between ₹4.3 Lakhs to ₹8.2 Lakhs for experience between 5 years to 14 years. According to our estimates it is 43% less than the average HR Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp India.

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

The average salary of a HR Manager at Muthoot Fincorp is 43% less than the average salary of a HR Manager in India. To know exact salary insights, login to view.

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

Human Resource Management and NBFC are some of the popular skills required to work as a HR Manager at Muthoot Fincorp India.

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

Cholamandalam Investment & Finance HR Manager Salary - ₹9.0 Lakhs to ₹15.0 Lakhs per year
Poonawalla Fincorp HR Manager Salary - ₹5.3 Lakhs to ₹17.5 Lakhs per year
Mahindra Finance HR Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
Edelweiss HR Manager Salary - ₹7.5 Lakhs to ₹18.8 Lakhs per year
Electronica Finance HR Manager Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year

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

Tata Capital HR Manager Salary - ₹7.2 Lakhs to ₹16.7 Lakhs per year
Capri Global Capital HR Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
Sundaram Finance HR Manager Salary - ₹8.0 Lakhs to ₹15.0 Lakhs per year
LendingKart HR Manager Salary - ₹8.5 Lakhs to ₹12.0 Lakhs per year
PNB Housing Finance HR Manager Salary - ₹9.4 Lakhs to ₹15.0 Lakhs per year

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

The estimated take-home salary of a HR Manager at Muthoot Fincorp ranges between ₹47,988 per month to ₹49,123 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp HR Manager salary in India which ranges between ₹4.3 Lakhs to ₹8.2 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Fincorp HR Managers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp HR Manager Salaries

Muthoot Fincorp HR Manager salary in India ranges between ₹4.3 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.