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

1 - 7 years exp.

₹6 Lakhs - ₹18.1 Lakhs

Salary of majority employees

Fixed (93%)

₹9.7 Lakhs

Variable (7%)

₹0.7 Lakh

52% less than the average Product Manager Salary in NBFC Companies for 1 - 7 years of experience

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Salaries in different departments

Product Management Product Manager Salary 1 - 7 years exp. (9 salaries)	₹6 L/yr - ₹19 L/yr
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BFSI, Investments & Trading Product Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹9 L/yr

Last Updated: 25 Feb 2025

Companies similar to Muthoot Fincorp for Product Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Product Manager Salary 2 - 4 years exp. (7 salaries)	₹18 L/yr - ₹21 L/yr 84% more
Bajaj Finance Product Manager Salary 2 - 7 years exp. (212 salaries)	₹6 L/yr - ₹25 L/yr 41% more
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Shriram Finance Product Manager Salary 4 - 16 years exp. (56 salaries)	₹2.2 L/yr - ₹9.7 L/yr 53% less	1 job opening
Mahindra Finance Product Manager Salary 2 - 10 years exp. (18 salaries)	₹9.3 L/yr - ₹34.2 L/yr 93% more	1 job opening
Cholamandalam Investment & Finance Product Manager Salary 1 - 9 years exp. (7 salaries)	₹13 L/yr - ₹20 L/yr 55% more	1 job opening
L&T Finance Product Manager Salary 0 - 6 years exp. (221 salaries)	₹5 L/yr - ₹18.5 L/yr 2% more
HDB Financial Services Product Manager Salary 3 - 14 years exp. (16 salaries)	₹6.3 L/yr - ₹19 L/yr 33% more
Reliance Capital Product Manager Salary 2 - 7 years exp. (4 salaries)	₹8 L/yr - ₹18 L/yr 24% more
Edelweiss Product Manager Salary 2 - 9 years exp. (26 salaries)	₹9.5 L/yr - ₹25 L/yr 64% more
Tata Capital Product Manager Salary 0 - 3 years exp. (97 salaries)	₹7.7 L/yr - ₹22 L/yr 48% more	1 job opening
IIFL Finance Product Manager Salary 0 - 5 years exp. (76 salaries)	₹7 L/yr - ₹24 L/yr 56% more
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Poonawalla Fincorp Product Manager Salary 1 - 4 years exp. (16 salaries)	₹6 L/yr - ₹18.5 L/yr 7% more
Capri Global Capital Product Manager Salary 3 - 7 years exp. (12 salaries)	₹10 L/yr - ₹28 L/yr 86% more
Aavas Financiers Product Manager Salary 1 - 8 years exp. (13 salaries)	₹4.7 L/yr - ₹11.8 L/yr 20% less	1 job opening
SMFG India Credit Product Manager Salary 0 - 8 years exp. (12 salaries)	₹8 L/yr - ₹25 L/yr 58% more
Sundaram Finance Product Manager Salary 5 - 20 years exp. (15 salaries)	₹7.4 L/yr - ₹19.4 L/yr 28% more
Kotak Mahindra Prime Product Manager Salary 1 - 9 years exp. (10 salaries)	₹6.1 L/yr - ₹11 L/yr 29% less
Tata Capital Housing Finance Product Manager Salary 0 - 6 years exp. (9 salaries)	₹6.5 L/yr - ₹15.9 L/yr 8% more
CreditAccess Grameen Product Manager Salary 1 - 5 years exp. (9 salaries)	₹9 L/yr - ₹14 L/yr 11% more
Sammaan Capital Limited Product Manager Salary 3 - 10 years exp. (9 salaries)	₹7.4 L/yr - ₹25.8 L/yr 56% more

View all

Product Manager salary at Muthoot Fincorp ranges between ₹6 Lakhs to ₹18.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 13 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Product Manager salaries

Last Updated: 25 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.8 L/yr
2 years (AmbitionBox Estimate)	₹6 L/yr - ₹15.5 L/yr
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3 years (3 salaries)	₹7 L/yr - ₹17.9 L/yr
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹18.5 L/yr
5 years (3 salaries)	₹9 L/yr - ₹17 L/yr
6 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹19.7 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13.5 L/yr

View all

Similar Designation salaries in Muthoot Fincorp

Project Manager Salary

(6 salaries)

₹6 L/yr - ₹16 L/yr

Production Manager Salary

(AmbitionBox Estimate)

₹7.9 L/yr - ₹10.1 L/yr

Product Owner Salary

(AmbitionBox Estimate)

₹12.8 L/yr - ₹16.3 L/yr

Program Manager Salary

(AmbitionBox Estimate)

₹15.4 L/yr - ₹19.7 L/yr

Product Lead Salary

(AmbitionBox Estimate)

₹30.6 L/yr - ₹39.1 L/yr

Deputy Manager Salary

(69 salaries)

₹2.75 L/yr - ₹7.9 L/yr

Senior Project Manager Salary

(5 salaries)

₹10 L/yr - ₹29 L/yr

Associate Product Manager Salary

(12 salaries)

₹12 L/yr - ₹19 L/yr

Business Analyst Salary

(7 salaries)

₹5 L/yr - ₹8.3 L/yr

Associate Director Salary

(AmbitionBox Estimate)

₹51.1 L/yr - ₹56.5 L/yr

Top skills at Muthoot Fincorp for Product Manager

Product Design Loans Product Management NBFC Banking Process Compliance Investment Products Competitive Sales Analysis investment Competitor Analysis Business Strategy Market Research Process Compliance Market Research Consulting

Salary related reviews for Muthoot Fincorp

3.3

Rated by 4 employees for salary & benefits

State Legal Manager in Lucknow

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.

Salary - Poor

+1 more

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 !

Senior Customer Service Executive in New Delhi

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.

Promotions - Bad

Senior Customer Service Executive in New Delhi

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

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.

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Fincorp Product Manager Salary FAQs

What is the salary of Product Manager at Muthoot Fincorp ?

The average salary of a Product Manager at Muthoot Fincorp in India typically ranges from ₹6.0 Lakhs to ₹18.1 Lakhs per year, depending on experience (from 1 year to 7 years).

The top 10% of Product Manager at Muthoot Fincorp earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Product 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 Product Manager at Muthoot Fincorp in India?

The estimated take-home salary of a Product Manager at Muthoot Fincorp in India typically ranges from ₹75,119 to ₹77,064 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹18.1 Lakhs per year for employees with experience ranging from 1 year to 7 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 Product Manager at Muthoot Fincorp ?

To be a Product Manager at Muthoot Fincorp in india, the key skills required include:

- Product Design
- Loans
- Product Management
- NBFC
- Banking

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 Product Manager in India?

Mahindra Finance	₹9.3 Lakhs to ₹34.2 Lakhs per year
Capri Global Capital	₹10.0 Lakhs to ₹28.0 Lakhs per year
Manappuram Finance	₹18.0 Lakhs to ₹21.0 Lakhs per year
Edelweiss	₹9.5 Lakhs to ₹25.0 Lakhs per year
SMFG India Credit	₹8.0 Lakhs to ₹25.0 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 Product Manager in companies similar to Muthoot Fincorp in India?

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

Sammaan Capital Limited	₹7.4 Lakhs to ₹25.8 Lakhs per year
IIFL Finance	₹7.0 Lakhs to ₹24.0 Lakhs per year
Cholamandalam Investment & Finance	₹13.0 Lakhs to ₹20.0 Lakhs per year
Mahindra Rural Housing Finance	₹8.0 Lakhs to ₹27.9 Lakhs per year
Tata Capital	₹7.7 Lakhs to ₹22.0 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 Product Manager at Muthoot Fincorp in India?

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

Experience	Average Salary Range
1 year	₹3.7 Lakhs to ₹10.8 Lakhs per year
2 years	₹6.0 Lakhs to ₹15.5 Lakhs per year
3 years	₹7.0 Lakhs to ₹17.9 Lakhs per year
4 years	₹9.0 Lakhs to ₹18.5 Lakhs per year

and so on.

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Muthoot Fincorp Product Manager Salaries

Muthoot Fincorp Product Manager salary in India ranges between ₹6 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.