Muthoot Fincorp Senior Manager-HR Salaries by 6 Employees

12 - 18 years exp.

₹8.5 Lakhs - ₹19.2 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Senior Manager-HR Salary in NBFC Companies for 12 - 18 years of experience

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Salaries in different departments

Human Resources Senior Manager-HR Salary 14 - 18 years exp. (5 salaries)	₹8.5 L/yr - ₹19.2 L/yr
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Strategic & Top Management Senior Manager-HR Salary 12 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr

Last Updated: 28 Oct 2024

Companies similar to Muthoot Fincorp for Senior Manager-HR

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager-HR Salary 1 - 12 years exp. (22 salaries)	₹9.8 L/yr - ₹15.3 L/yr 10% less
SMFG India Credit Senior Manager-HR Salary 9 - 15 years exp. (15 salaries)	₹10.4 L/yr - ₹18.6 L/yr 7% more
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TVS Credit Senior Manager-HR Salary 8 - 19 years exp. (11 salaries)	₹11 L/yr - ₹21.1 L/yr 3% more
Muthoot Microfin Senior Manager-HR Salary 6 - 15 years exp. (8 salaries)	₹8.1 L/yr - ₹11.8 L/yr 22% less
Poonawalla Fincorp Senior Manager-HR Salary 5 - 12 years exp. (7 salaries)	₹14 L/yr - ₹24 L/yr 33% more
Aavas Financiers Senior Manager-HR Salary 9 - 12 years exp. (6 salaries)	₹8.5 L/yr - ₹15.5 L/yr 11% less
IIFL Finance Senior Manager-HR Salary 9 - 13 years exp. (5 salaries)	₹12 L/yr - ₹15.5 L/yr 2% less
LendingKart Senior Manager-HR Salary 8 - 15 years exp. (5 salaries)	₹12 L/yr - ₹17.4 L/yr 12% more
Asirvad Microfinance Senior Manager-HR Salary 8 - 15 years exp. (5 salaries)	₹5.2 L/yr - ₹9 L/yr 46% less
Shriram Finance Senior Manager-HR Salary 9 - 20 years exp. (5 salaries)	₹5 L/yr - ₹10.5 L/yr 45% less
Satin Creditcare Network Senior Manager-HR Salary 7 - 17 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 26% less
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Bharat Financial Inclusion Senior Manager-HR Salary 9 - 15 years exp. (4 salaries)	₹11 L/yr - ₹16.5 L/yr 4% more
Mahindra Rural Housing Finance Senior Manager-HR Salary 10 - 14 years exp. (4 salaries)	₹13 L/yr - ₹28.5 L/yr 40% more
Capri Global Capital Senior Manager-HR Salary 9 - 12 years exp. (4 salaries)	₹13 L/yr - ₹14.5 L/yr 2% more
PNB Housing Finance Senior Manager-HR Salary 9 - 13 years exp. (4 salaries)	₹13.3 L/yr - ₹18 L/yr 32% more
Sundaram Finance Senior Manager-HR Salary 12 - 25 years exp. (4 salaries)	₹12 L/yr - ₹21 L/yr 41% more
Kotak Mahindra Prime Senior Manager-HR Salary 5 - 7 years exp. (3 salaries)	₹14.9 L/yr - ₹16.3 L/yr 14% more
Mahindra Finance Senior Manager-HR Salary 4 - 12 years exp. (3 salaries)	₹10.8 L/yr - ₹23 L/yr 24% more
Ess Kay Fincorp Senior Manager-HR Salary 9 - 18 years exp. (3 salaries)	₹8 L/yr - ₹9.5 L/yr 35% less
SK Finance Limited Senior Manager-HR Salary 10 - 13 years exp. (3 salaries)	₹9 L/yr - ₹15.8 L/yr 14% less

View all

Senior Manager-HR salary at Muthoot Fincorp ranges between ₹8.5 Lakhs to ₹19.2 Lakhs per year for employees with experience between 12 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Senior Manager-HR salaries

Last Updated: 28 Oct 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹11 L/yr - ₹25.9 L/yr
13 years (AmbitionBox Estimate)	₹12.7 L/yr - ₹16.2 L/yr
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14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹19.1 L/yr
15+ years (4 salaries)	₹8.5 L/yr - ₹19.1 L/yr

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Assistant Manager- HR Salary

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Zonal HR Manager Salary

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Senior HR Executive Salary

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Deputy Manager HR Salary

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HR Manager Salary

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₹4.25 L/yr - ₹8.2 L/yr

Senior Human Resource Officer Salary

(4 salaries)

₹5 L/yr - ₹14 L/yr

Executive - Operations and HR Salary

(4 salaries)

₹1.6 L/yr - ₹4.2 L/yr

Assistant Manager Hrbp Salary

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₹4.2 L/yr - ₹9.5 L/yr

Top skills at Muthoot Fincorp for Senior Manager-HR

Senior HR Human Resource Management HR Generalist Activities IT Recruitment

Salary related reviews for Muthoot Fincorp

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

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 Senior Manager-HR Salary FAQs

What is the salary of Senior Manager-HR at Muthoot Fincorp ?

The average salary of a Senior Manager-HR at Muthoot Fincorp in India typically ranges from ₹8.5 Lakhs to ₹19.2 Lakhs per year, depending on experience (from 12 years to 18 years).

The top 10% of Senior Manager-HR at Muthoot Fincorp earn more than ₹19.2 Lakhs per year, and the top 1% earn over ₹19.2 Lakhs per year. Senior Manager-HR 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 Senior Manager-HR at Muthoot Fincorp in India?

The estimated take-home salary of a Senior Manager-HR at Muthoot Fincorp in India typically ranges from ₹94,408 to ₹96,949 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹19.2 Lakhs per year for employees with experience ranging from 12 years to 18 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.

What are the key skills required to be a Senior Manager-HR at Muthoot Fincorp ?

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

- Senior HR
- Human Resource Management
- HR Generalist Activities
- IT Recruitment

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 Senior Manager-HR in India?

Sundaram Finance	₹12.0 Lakhs to ₹21.0 Lakhs per year
Mahindra Rural Housing Finance	₹13.0 Lakhs to ₹28.5 Lakhs per year
Poonawalla Fincorp	₹14.0 Lakhs to ₹24.0 Lakhs per year
PNB Housing Finance	₹13.3 Lakhs to ₹18.0 Lakhs per year
Mahindra Finance	₹10.8 Lakhs to ₹23.0 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 Senior Manager-HR in companies similar to Muthoot Fincorp in India?

The salary of a Senior Manager-HR 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	₹12.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Prime	₹14.9 Lakhs to ₹16.3 Lakhs per year
LendingKart	₹12.0 Lakhs to ₹17.4 Lakhs per year
SMFG India Credit	₹10.4 Lakhs to ₹18.6 Lakhs per year
Bharat Financial Inclusion	₹11.0 Lakhs to ₹16.5 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 Senior Manager-HR at Muthoot Fincorp in India?

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

Experience	Average Salary Range
12 years	₹11.0 Lakhs to ₹25.9 Lakhs per year
13 years	₹12.7 Lakhs to ₹16.2 Lakhs per year
14 years	₹5.5 Lakhs to ₹19.1 Lakhs per year
15 years	₹8.5 Lakhs to ₹19.1 Lakhs per year

and so on.

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Muthoot Fincorp Senior Manager-HR Salaries

Muthoot Fincorp Senior Manager-HR salary in India ranges between ₹8.5 Lakhs to ₹19.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.