Muthoot Fincorp Mumbai Senior Manager-HR Salaries by Employees

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₹12.1 Lakhs - ₹15.5 Lakhs

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Last Updated: 16 Mar 2023

Companies similar to Muthoot Fincorp for Senior Manager-HR in Mumbai

Muthoot Fincorp Senior Manager-HR Salary

18 years exp. (AmbitionBox Estimate)

₹12.1 L/yr - ₹15.5 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager-HR Salary 1 - 7 years exp. (10 salaries)	₹10.1 L/yr - ₹15.3 L/yr 5% more
IIFL Finance Senior Manager-HR Salary 11 - 13 years exp. (4 salaries)	₹12 L/yr - ₹15.5 L/yr 1% more
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Mahindra Rural Housing Finance Senior Manager-HR Salary 10 - 13 years exp. (3 salaries)	₹16 L/yr - ₹28.5 L/yr 55% more
SMFG India Credit Senior Manager-HR Salary 10 - 11 years exp. (3 salaries)	₹10.4 L/yr - ₹18 L/yr 7% more
Reliance Industries Senior Manager-HR Salary 4 - 16 years exp. (35 salaries)	₹10.3 L/yr - ₹28.8 L/yr 65% more

Senior Manager-HR salary at Muthoot Fincorp ranges between ₹12.1 Lakhs to ₹15.5 Lakhs per year for employees with 18 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Fincorp.

Similar Designation salaries in Muthoot Fincorp

HR Specialist Salary

(12 salaries)

₹5.8 L/yr - ₹12.5 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

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

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Fincorp Senior Manager-HR Salary FAQs

How the salary growth look like for a Senior Manager-HR at Muthoot Fincorp in Mumbai?

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

Experience	Average Salary Range
15 years	₹11.7 Lakhs to ₹14.9 Lakhs per year

and so on.

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Muthoot Fincorp Senior Manager-HR Salaries in Mumbai

Muthoot Fincorp Senior Manager-HR salary in Mumbai ranges between ₹12.1 Lakhs to ₹15.5 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Fincorp.