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4.5

based on 6.3k Reviews

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Muthoot Fincorp Senior Manager salaries in Chennai

Annual salary range
11 - 13 years exp.
₹6.4 Lakhs - ₹8.2 Lakhs
Salary of majority employees
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68% less than the average Senior Manager Salary in NBFC Companies for 11 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
11 - 13 years exp. (3 salaries)
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₹6.4 L/yr - ₹8.2 L/yr

Customer Success, Service & Operations
Senior Manager Salary
12 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹8.2 L/yr

Last Updated: 14 Dec 2024

Companies similar to Muthoot Fincorp for Senior Manager in Chennai

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Muthoot Fincorp Senior Manager Salary

11 - 13 years exp. (5 salaries)

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₹6.4 L/yr - ₹8.2 L/yr

vs
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Manappuram Finance Senior Manager Salary

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₹4 L/yr - ₹7.2 L/yr

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L&T Finance Senior Manager Salary

6 - 10 years exp. (4 salaries)

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₹9 L/yr - ₹16.4 L/yr

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HDB Financial Services Senior Manager Salary

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TVS Credit Senior Manager Salary

4 - 18 years exp. (38 salaries)

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₹7.2 L/yr - ₹20 L/yr

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Kotak Mahindra Prime Senior Manager Salary

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IIFL Finance Senior Manager Salary

5 - 18 years exp. (5 salaries)

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₹5 L/yr - ₹12 L/yr

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SMFG India Credit Senior Manager Salary

9 - 16 years exp. (5 salaries)

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₹9.3 L/yr - ₹19.1 L/yr

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IDFC FIRST Bharat Senior Manager Salary

9 - 14 years exp. (4 salaries)

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₹7.9 L/yr - ₹15.9 L/yr

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Sundaram Finance Senior Manager Salary

9 - 12 years exp. (3 salaries)

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₹18 L/yr - ₹26 L/yr

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Senior Manager salary at Muthoot Fincorp ranges between ₹6.4 Lakhs to ₹8.2 Lakhs per year for employees with experience between 11 years to 13 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Senior Manager in Chennai

1w ago
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13 years exp.
1mo ago
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11 years exp.
5mo ago
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12 years exp.
11mo ago
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11 years exp.
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11 years exp.

Experience wise Muthoot Fincorp Senior Manager salaries in Chennai

Last Updated: 14 Dec 2024

Experience Avg Annual Salary
11 years  (3 salaries)

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₹6.4 L/yr - ₹12.8 L/yr
12 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹8.2 L/yr
13 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹8.2 L/yr

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary
(87 salaries)
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₹1.85 L/yr - ₹5.35 L/yr
Deputy Manager Salary
(10 salaries)
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₹3.7 L/yr - ₹5.6 L/yr
Area Manager Salary
(9 salaries)
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₹7 L/yr - ₹8.35 L/yr
Sales Manager Salary
(5 salaries)
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₹4.3 L/yr - ₹6 L/yr
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₹8.25 L/yr - ₹14 L/yr

Top skills at Muthoot Fincorp for Senior Manager

Analytical Ability Employee Relations Statutory Compliance Team Management Employee Benefits

Salary related reviews for Muthoot Fincorp

2.6

Rated by 5 employees for salary & benefits

Other Department

4.0
  •  posted on 17 Aug 2018

3.0
 for  Salary and Benefits

Likes

Gets freedom to execute. Generally they take only mediocre talent in all level. So senior management does not have bandwidth to review everything.

read more

Dislikes

...ning. If you are lucky and get a good manager then good to stay for long period. Salary growth and peace of mind depends on manager.

read more

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.

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..

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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

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

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

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
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Muthoot Fincorp Senior Manager Salary FAQs

What is the salary of Senior Manager at Muthoot Fincorp Chennai?
Senior Manager salary at Muthoot Fincorp in Chennai ranges between ₹6.4 Lakhs to ₹8.2 Lakhs for experience between 11 years to 13 years. According to our estimates it is 68% less than the average Senior Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Fincorp Chennai.
How does the salary of a Senior Manager at Muthoot Fincorp Chennai compare with the average salary range for this job?
The average salary of a Senior Manager at Muthoot Fincorp is 68% less than the average salary of a Senior Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Senior Manager at Muthoot Fincorp?
Analytical Ability, Employee Relations, Statutory Compliance, Team Management and Employee Benefits are some of the popular skills required to work as a Senior Manager at Muthoot Fincorp Chennai.
Which similar companies are paying more than Muthoot Fincorp to a Senior Manager in Chennai?
  • Sundaram Finance Senior Manager Salary - ₹18.0 Lakhs to ₹26.0 Lakhs per year
  • Cholamandalam Investment & Finance Senior Manager Salary - ₹8.0 Lakhs to ₹26.5 Lakhs per year
  • SMFG India Credit Senior Manager Salary - ₹9.3 Lakhs to ₹19.1 Lakhs per year
  • L&T Finance Senior Manager Salary - ₹9.0 Lakhs to ₹16.4 Lakhs per year
  • TVS Credit Senior Manager Salary - ₹7.2 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to Muthoot Fincorp in Chennai?
  • Kotak Mahindra Prime Senior Manager Salary - ₹7.0 Lakhs to ₹13.9 Lakhs per year
  • HDB Financial Services Senior Manager Salary - ₹5.9 Lakhs to ₹10.5 Lakhs per year
  • IDFC FIRST Bharat Senior Manager Salary - ₹7.9 Lakhs to ₹15.9 Lakhs per year
  • IIFL Finance Senior Manager Salary - ₹5.0 Lakhs to ₹12.0 Lakhs per year
  • Shriram Finance Senior Manager Salary - ₹8.6 Lakhs to ₹15.6 Lakhs per year
What is the estimated take home salary of a Senior Manager at Muthoot Fincorp in Chennai?
The estimated take-home salary of a Senior Manager at Muthoot Fincorp ranges between ₹52,171 per month to ₹53,466 per month in Chennai. The take-home salary calculation is based on the average Muthoot Fincorp Senior Manager salary in India which ranges between ₹6.4 Lakhs to ₹8.2 Lakhs per year for employees with experience between 11 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Muthoot Fincorp in Chennai?
According to AmbitionBox, 83% of the Muthoot Fincorp Senior Managers in Chennai reported a notice period of 3 Months, 17% reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp Senior Manager salary in Chennai ranges between ₹6.4 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.