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Muthoot Fincorp Senior Manager salaries in New Delhi

Annual salary range
9 - 11 years exp.
₹5 Lakhs - ₹9.7 Lakhs
Salary of majority employees
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67% less than the average Senior Manager Salary in NBFC Companies for 9 - 11 years of experience

Interested in this particular role?

Last Updated: 20 Nov 2023

Companies similar to Muthoot Fincorp for Senior Manager in New Delhi

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Muthoot Fincorp Senior Manager Salary

9 - 11 years exp. (5 salaries)

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₹5 L/yr - ₹9.7 L/yr

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Manappuram Finance Senior Manager Salary

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SMFG India Credit Senior Manager Salary

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LendingKart Senior Manager Salary

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Capri Global Capital Senior Manager Salary

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₹9.3 L/yr - ₹15.4 L/yr

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Mahindra Finance Senior Manager Salary

8 - 10 years exp. (4 salaries)

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₹10.6 L/yr - ₹15 L/yr

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Electronica Finance Senior Manager Salary

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Shriram Finance Senior Manager Salary

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2 job openings
Senior Manager salary at Muthoot Fincorp ranges between ₹5 Lakhs to ₹9.7 Lakhs per year for employees with experience between 9 years to 11 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 New Delhi

1y ago
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10 years exp.
1y ago
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9 years exp.
1y ago
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11 years exp.

Experience wise Muthoot Fincorp Senior Manager salaries in New Delhi

Last Updated: 20 Nov 2023

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
10 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
11 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr

Similar Designation salaries in Muthoot Fincorp

Branch Manager Salary
(68 salaries)
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₹2 L/yr - ₹6.5 L/yr
Sales Manager Salary
(9 salaries)
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₹4 L/yr - ₹6.8 L/yr
Deputy Manager Salary
(8 salaries)
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₹4 L/yr - ₹7.85 L/yr
Area Manager Salary
(5 salaries)
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₹5.5 L/yr - ₹12 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

3.8

Rated by 4 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 23 Dec 2024

3.0
 for  Salary and Benefits

Likes

1. Good Culture 2. Work life balance. 3. Org works for Employee Health and well being. Altogether good org

  • Skill development - Good
  • +4 more

Dislikes

Salary discrimination, same grade different in salary package. Not counting the overall experience..

read more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 21 Dec 2024

4.0
 for  Salary and Benefits

Likes

It's most convenient working time and travel distance for especially women. Hence I personally feel security in this job.

read more
  • Salary - Good
  • +6 more

Dislikes

CSE are getting lower salary. I would like to increase their salary and promotions.

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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
  • Skill development - Good
  • +3 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.

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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..

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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

  • 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
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Muthoot Fincorp Senior Manager Salary FAQs

What is the salary of Senior Manager at Muthoot Fincorp in New Delhi?
The average salary of a Senior Manager at Muthoot Fincorp in New Delhi typically ranges from ₹5.0 Lakhs to ₹9.7 Lakhs per year, depending on experience (from 9 years to 11 years).

The top 10% of Senior Manager in New Delhi at Muthoot Fincorp earn more than ₹9.7 Lakhs per year, and the top 1% earn over ₹9.7 Lakhs per year. Senior 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 5 Muthoot Fincorp employees in India.
What is the estimated take home salary of a Senior Manager at Muthoot Fincorp in New Delhi?
The estimated take-home salary of a Senior Manager at Muthoot Fincorp in New Delhi typically ranges from ₹53,752 to ₹55,092 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.7 Lakhs per year for employees with experience ranging from 9 years to 11 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 5 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 at Muthoot Fincorp in New Delhi?
To be a Senior Manager at Muthoot Fincorp in New Delhi, the key skills required include:

  • - Analytical Ability
  • - Employee Relations
  • - Statutory Compliance
  • - Team Management
  • - Employee Benefits

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 in India?
LendingKart ₹12.0 Lakhs to ₹28.6 Lakhs per year
SMFG India Credit ₹7.8 Lakhs to ₹24.3 Lakhs per year
TVS Credit ₹8.0 Lakhs to ₹20.0 Lakhs per year
PNB Housing Finance ₹12.0 Lakhs to ₹22.2 Lakhs per year
L&T Finance ₹10.0 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 in companies similar to Muthoot Fincorp in New Delhi?
The salary of a Senior Manager at companies similar to Muthoot Fincorp in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Capri Global Capital ₹9.3 Lakhs to ₹15.4 Lakhs per year
Shriram Finance ₹12.4 Lakhs to ₹20.2 Lakhs per year
Electronica Finance ₹7.7 Lakhs to ₹13.8 Lakhs per year
Kotak Mahindra Prime ₹9.9 Lakhs to ₹13.5 Lakhs per year
Mahindra Finance ₹10.6 Lakhs to ₹15.0 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 Senior Manager at Muthoot Fincorp in New Delhi?
The salary growth for a Senior Manager at Muthoot Fincorp in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Manager in New Delhi can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
9 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
10 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
11 years ₹6.5 Lakhs to ₹8.3 Lakhs per year
and so on.

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Muthoot Fincorp Senior Manager salary in New Delhi ranges between ₹5 Lakhs to ₹9.7 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.