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4.5

based on 6.2k Reviews

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Muthoot Fincorp Senior Relationship Manager salaries in India

Annual salary range
2 - 9 years exp.
₹3.2 Lakhs - ₹5.4 Lakhs
Salary of majority employees
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30% less than the average Senior Relationship Manager Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

Sales & Business Development
Senior Relationship Manager Salary
2 - 9 years exp. (9 salaries)
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₹3.6 L/yr - ₹5.4 L/yr

BFSI, Investments & Trading
Senior Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4 L/yr

Finance & Accounting
Senior Relationship Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹5 L/yr

Marketing & Communication
Senior Relationship Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4 L/yr

Last Updated: 16 Dec 2024

Companies similar to Muthoot Fincorp for Senior Relationship Manager

Company name Avg Annual Salary Open Jobs
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₹3.1 L/yr - ₹6.3 L/yr

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4 job openings
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₹2.4 L/yr - ₹4.2 L/yr

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₹2.9 L/yr - ₹5.2 L/yr

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L&T Finance Senior Relationship Manager Salary

4 - 13 years exp. (11 salaries)

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₹22.1 L/yr - ₹35 L/yr

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₹3 L/yr - ₹5 L/yr

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₹2 L/yr - ₹7.1 L/yr

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Edelweiss Senior Relationship Manager Salary

1 - 8 years exp. (33 salaries)

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₹2.8 L/yr - ₹7.5 L/yr

arrow icon 18% more
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Tata Capital Senior Relationship Manager Salary

4 - 12 years exp. (30 salaries)

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₹7 L/yr - ₹30.5 L/yr

arrow icon 349% more
2 job openings
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₹3.2 L/yr - ₹8.7 L/yr

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₹2 L/yr - ₹9 L/yr

arrow icon 32% more
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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 10% less
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₹2.4 L/yr - ₹10.5 L/yr

arrow icon 67% more
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₹2.1 L/yr - ₹4.3 L/yr

arrow icon 19% less
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₹3 L/yr - ₹5.4 L/yr

arrow icon 9% more
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₹2.2 L/yr - ₹4.9 L/yr

arrow icon 23% less
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₹3.2 L/yr - ₹7.2 L/yr

arrow icon 20% more
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₹3.1 L/yr - ₹3.6 L/yr

arrow icon 10% less
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₹3.5 L/yr - ₹3.9 L/yr

arrow icon 4% less
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₹3 L/yr - ₹6 L/yr

arrow icon 14% more
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₹6 L/yr - ₹7 L/yr

arrow icon 77% more
Senior Relationship Manager salary at Muthoot Fincorp ranges between ₹3.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Senior Relationship Manager

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Experience wise Muthoot Fincorp Senior Relationship Manager salaries

Last Updated: 16 Dec 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.3 L/yr
3 years  (4 salaries)

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₹3.2 L/yr - ₹4.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4 L/yr
5 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)

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₹1.5 L/yr - ₹4.4 L/yr
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₹2.15 L/yr - ₹4.5 L/yr
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Area Manager Salary
(181 salaries)
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₹3.2 L/yr - ₹10.1 L/yr
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₹3.6 L/yr - ₹10 L/yr

Salary related reviews for Muthoot Fincorp

4.1

Rated by 8 employees for salary & benefits

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..

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

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.

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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
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Muthoot Fincorp Senior Relationship Manager Salary FAQs

What is the salary of Senior Relationship Manager at Muthoot Fincorp?
Senior Relationship Manager salary at Muthoot Fincorp in India ranges between ₹3.2 Lakhs to ₹5.4 Lakhs for experience between 2 years to 9 years. According to our estimates it is 30% less than the average Senior Relationship Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a Senior Relationship Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a Senior Relationship Manager at Muthoot Fincorp is 30% less than the average salary of a Senior Relationship Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Fincorp to a Senior Relationship Manager in India?
  • L&T Finance Senior Relationship Manager Salary - ₹22.1 Lakhs to ₹35.0 Lakhs per year
  • Tata Capital Senior Relationship Manager Salary - ₹7.0 Lakhs to ₹30.5 Lakhs per year
  • TVS Credit Senior Relationship Manager Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year
  • Kotak Mahindra Prime Senior Relationship Manager Salary - ₹2.4 Lakhs to ₹10.5 Lakhs per year
  • SMFG India Credit Senior Relationship Manager Salary - ₹3.2 Lakhs to ₹8.7 Lakhs per year
What is the salary of a Senior Relationship Manager in companies similar to Muthoot Fincorp in India?
  • IIFL Finance Senior Relationship Manager Salary - ₹2.0 Lakhs to ₹9.0 Lakhs per year
  • Reliance Capital Senior Relationship Manager Salary - ₹2.0 Lakhs to ₹7.1 Lakhs per year
  • Bajaj Finance Senior Relationship Manager Salary - ₹3.1 Lakhs to ₹6.3 Lakhs per year
  • Poonawalla Fincorp Senior Relationship Manager Salary - ₹3.2 Lakhs to ₹7.2 Lakhs per year
  • Edelweiss Senior Relationship Manager Salary - ₹2.8 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Senior Relationship Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Senior Relationship Manager at Muthoot Fincorp ranges between ₹27,788 per month to ₹29,185 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Senior Relationship Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.4 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?
What is the notice period for Senior Relationship Manager at Muthoot Fincorp?
According to AmbitionBox, 55% of the Muthoot Fincorp Senior Relationship Managers reported a notice period of 2 Months, 18% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 40 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Senior Relationship Manager salary in India ranges between ₹3.2 Lakhs to ₹5.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.