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Muthoot Fincorp Relationship Manager salaries in Chennai (Updated 2025)

Annual salary range
1 - 5 years exp.
₹2.2 Lakhs - ₹3.2 Lakhs
Salary of majority employees
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49% less than the average Relationship Manager Salary in NBFC Companies for 1 - 5 years of experience

Interested in this particular role? 4 job openings

Last Updated: 2 Feb 2025

Companies similar to Muthoot Fincorp for Relationship Manager in Chennai

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Muthoot Fincorp Relationship Manager Salary

1 - 5 years exp. (4 salaries)

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₹2.2 L/yr - ₹3.2 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank Relationship Manager Salary

0 - 15 years exp. (419 salaries)

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₹1.5 L/yr - ₹11 L/yr

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ICICI Bank Relationship Manager Salary

0 - 18 years exp. (1.2k salaries)

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₹2.3 L/yr - ₹12 L/yr

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1 job opening
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Kotak Mahindra Bank Relationship Manager Salary

0 - 11 years exp. (126 salaries)

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₹2 L/yr - ₹10 L/yr

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5 job openings
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Yes Bank Relationship Manager Salary

0 - 14 years exp. (67 salaries)

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₹2.1 L/yr - ₹11.7 L/yr

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IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (98 salaries)

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₹2.9 L/yr - ₹12.1 L/yr

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Tata Capital Relationship Manager Salary

1 - 6 years exp. (14 salaries)

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₹5.2 L/yr - ₹19.4 L/yr

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₹2 L/yr - ₹4.5 L/yr

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₹1.9 L/yr - ₹7.9 L/yr

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IIFL Finance Relationship Manager Salary

1 - 8 years exp. (17 salaries)

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₹1.6 L/yr - ₹6 L/yr

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Edelweiss Relationship Manager Salary

1 - 7 years exp. (15 salaries)

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₹2.3 L/yr - ₹4.9 L/yr

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₹3 L/yr - ₹5.3 L/yr

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TVS Credit Relationship Manager Salary

4 - 10 years exp. (10 salaries)

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₹3.4 L/yr - ₹5.5 L/yr

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SMFG India Credit Relationship Manager Salary

1 - 10 years exp. (9 salaries)

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₹3.2 L/yr - ₹4.5 L/yr

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1 job opening
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Shriram Finance Relationship Manager Salary

0 - 10 years exp. (6 salaries)

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₹2.2 L/yr - ₹5.8 L/yr

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₹3 L/yr - ₹4.2 L/yr

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10 job openings

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Relationship Manager salary at Muthoot Fincorp ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Relationship Manager in Chennai

1mo ago
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2 years exp.
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1 year exp.
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5 years exp.
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4 years exp.

Experience wise Muthoot Fincorp Relationship Manager salaries in Chennai

Last Updated: 2 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)

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₹1.1 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.5 L/yr - ₹3.2 L/yr
4 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.1 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹5.2 L/yr

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary
(84 salaries)
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₹2.2 L/yr - ₹5.5 L/yr
Deputy Manager Salary
(12 salaries)
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₹3.7 L/yr - ₹6.8 L/yr
Area Manager Salary
(10 salaries)
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₹7 L/yr - ₹8.5 L/yr
Sales Manager Salary
(5 salaries)
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₹4.3 L/yr - ₹6 L/yr
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₹2.25 L/yr - ₹2.8 L/yr

Top skills at Muthoot Fincorp for Relationship Manager

Wealth Management Branch Banking Customer Acquisition Mutual Funds Sales Relationship Management Direct Sales Customer Engagement Relationship Management Retail Branch Banking Wealth Management SIP SFDC Corporate Training Channel Distribution aqua

Salary related reviews for Muthoot Fincorp

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 22 Nov 2024

4.0
 for  Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

  • Salary - Good
  • +6 more

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 06 Nov 2024

3.0
 for  Salary and Benefits

Likes

Company was good and time to we get salary..

Dislikes

I have one year experience in this company what have seen is alot of politics in this area company say target some but they give add some other targets here higher official are not good that why we are suffering lot sir.

read more
  • Job security - Poor
  • +3 more
see more salary related reviews

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Muthoot Fincorp Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Fincorp Chennai?
Relationship Manager salary at Muthoot Fincorp in Chennai ranges between ₹2.2 Lakhs to ₹3.2 Lakhs for experience between 1 years to 5 years. According to our estimates it is 49% less than the average Relationship Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp Chennai.
How does the salary of a Relationship Manager at Muthoot Fincorp Chennai compare with the average salary range for this job?
The average salary of a Relationship Manager at Muthoot Fincorp is 49% less than the average salary of a Relationship Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Relationship Manager at Muthoot Fincorp?
Wealth Management, Branch Banking, Customer Acquisition, Mutual Funds Sales and Relationship Management are some of the popular skills required to work as a Relationship Manager at Muthoot Fincorp Chennai.
Which similar companies are paying more than Muthoot Fincorp to a Relationship Manager in Chennai?
  • Tata Capital Relationship Manager Salary - ₹5.2 Lakhs to ₹19.4 Lakhs per year
  • IndusInd Bank Relationship Manager Salary - ₹2.9 Lakhs to ₹12.1 Lakhs per year
  • ICICI Bank Relationship Manager Salary - ₹2.3 Lakhs to ₹12.0 Lakhs per year
  • Yes Bank Relationship Manager Salary - ₹2.1 Lakhs to ₹11.7 Lakhs per year
  • HDFC Bank Relationship Manager Salary - ₹1.5 Lakhs to ₹11.0 Lakhs per year
What is the salary of a Relationship Manager in companies similar to Muthoot Fincorp in Chennai?
  • Kotak Mahindra Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹10.0 Lakhs per year
  • TVS Credit Relationship Manager Salary - ₹3.4 Lakhs to ₹5.5 Lakhs per year
  • Edelweiss Relationship Manager Salary - ₹2.3 Lakhs to ₹4.9 Lakhs per year
  • SMFG India Credit Relationship Manager Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
  • Cholamandalam Investment & Finance Relationship Manager Salary - ₹3.0 Lakhs to ₹5.3 Lakhs per year
What is the estimated take home salary of a Relationship Manager at Muthoot Fincorp in Chennai?
The estimated take-home salary of a Relationship Manager at Muthoot Fincorp ranges between ₹20,399 per month to ₹22,056 per month in Chennai. The take-home salary calculation is based on the average Muthoot Fincorp Relationship Manager salary in India which ranges between ₹2.2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Relationship Manager at Muthoot Fincorp in Chennai?
According to AmbitionBox, 75% of the Muthoot Fincorp Relationship Managers in Chennai reported a notice period of 15 days or less, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Relationship Manager salary in Chennai ranges between ₹2.2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.