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Muthoot Fincorp Junior Manager salaries in Chennai (Updated 2025)

Annual salary range
1 - 9 years exp.
₹2.6 Lakhs - ₹3.8 Lakhs
Salary of majority employees
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57% less than the average Junior Manager Salary in NBFC Companies for 1 - 9 years of experience

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Salaries in different departments

IT & Information Security
Junior Manager Salary
1 - 2 years exp. (3 salaries)
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₹2.6 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Junior Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.4 L/yr

Finance & Accounting
Junior Manager Salary
1 year exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3 L/yr

Last Updated: 17 Jan 2025

Companies similar to Muthoot Fincorp for Junior Manager in Chennai

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Muthoot Fincorp Junior Manager Salary

1 - 9 years exp. (6 salaries)

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₹2.6 L/yr - ₹3.8 L/yr

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1 job opening
Junior Manager salary at Muthoot Fincorp ranges between ₹2.6 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Junior Manager in Chennai

2mo ago
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2 years exp.
3mo ago
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9 years exp.
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1 year exp.
6mo ago
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8 years exp.
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1 year exp.
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1 year exp.

Experience wise Muthoot Fincorp Junior Manager salaries in Chennai

Last Updated: 17 Jan 2025

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2.6 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

Deputy Manager Salary
(13 salaries)
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₹3.7 L/yr - ₹6.8 L/yr

Salary related reviews for Muthoot Fincorp

4.1

Rated by 7 employees for salary & benefits

Full Time

 · 

Legal & Regulatory Department

3.0
  •  posted on 11 Feb 2025

2.0
 for  Salary and Benefits

Likes

Job security

  • Skill development - Excellent
  • +2 more

Dislikes

No support or respect for support verticles. Salary will be the lowest as per the market standard or industry. Had to report office at sharp 9:30 AM morning and late night sittings. No week off in last 10 days of months. you have to work on Sundays also.

read more
  • Salary - Poor
  • +1 more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • 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 !

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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.

read more
  • Promotions - Bad

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

read more
  • 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.

read more
  • Promotions - Poor
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Muthoot Fincorp Junior Manager Salary FAQs

What is the salary of Junior Manager at Muthoot Fincorp in Chennai?
The average salary of a Junior Manager at Muthoot Fincorp in Chennai typically ranges from ₹2.6 Lakhs to ₹3.8 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Junior Manager in Chennai at Muthoot Fincorp earn more than ₹3.7 Lakhs per year, and the top 1% earn over ₹3.8 Lakhs per year. Junior 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 6 Muthoot Fincorp employees in India.
What is the estimated take home salary of a Junior Manager at Muthoot Fincorp in Chennai?
The estimated take-home salary of a Junior Manager at Muthoot Fincorp in Chennai typically ranges from ₹21,773 to ₹23,260 per month. This is based on the average salary range of ₹2.6 Lakhs to ₹3.8 Lakhs per year for employees with experience ranging from 1 year 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 6 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 Junior Manager in India?
Paytm ₹4.5 Lakhs to ₹10.0 Lakhs per year
Bridgestone India Automotive Products ₹4.5 Lakhs to ₹8.6 Lakhs per year
Cholamandalam Investment & Finance ₹3.3 Lakhs to ₹7.4 Lakhs per year
PNB Housing Finance ₹3.5 Lakhs to ₹4.1 Lakhs per year
TVS - SUNDARAM BRAKE LININGS ₹3.3 Lakhs to ₹4.7 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.
How the salary growth look like for a Junior Manager at Muthoot Fincorp in Chennai?
The salary growth for a Junior Manager at Muthoot Fincorp in Chennai depends on factors such as experience, performance, and promotions. On average, a Junior Manager in Chennai can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
1 year ₹2.6 Lakhs to ₹3.0 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
4 years ₹2.7 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp Junior Manager salary in Chennai ranges between ₹2.6 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.