The Muthoot Group Assistant Manager Salaries by 100+ Employees (Updated 2025)

2 - 14 years exp.

₹1.4 Lakh - ₹7.5 Lakhs

Salary of majority employees

42% less than the average Assistant Manager Salary in Financial Services Companies for 2 - 14 years of experience

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Salaries in different departments

Finance & Accounting Assistant Manager Salary 2 - 14 years exp. (50 salaries)	₹1.4 L/yr - ₹5 L/yr
BFSI, Investments & Trading Assistant Manager Salary 2 - 12 years exp. (40 salaries)	₹2.1 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 2 - 10 years exp. (18 salaries)	₹2.2 L/yr - ₹7.5 L/yr
Sales & Business Development Assistant Manager Salary 2 - 12 years exp. (7 salaries)	₹2.2 L/yr - ₹6 L/yr
Administration & Facilities Assistant Manager Salary 2 - 13 years exp. (7 salaries)	₹3.8 L/yr - ₹6 L/yr

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Last Updated: 12 Mar 2025

Companies similar to The Muthoot Group for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Assistant Manager Salary 0 - 7 years exp. (458 salaries)	₹1 L/yr - ₹6 L/yr 28% less	4 job openings
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (515 salaries)	₹1.6 L/yr - ₹6 L/yr 23% less	2 job openings
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Bajaj Finance Assistant Manager Salary 0 - 13 years exp. (1.4k salaries)	₹1.5 L/yr - ₹8.1 L/yr 2% less	850 job openings
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.4k salaries)	₹1.7 L/yr - ₹7.3 L/yr 22% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.1k salaries)	₹1.8 L/yr - ₹6 L/yr 18% less
Axis Bank Assistant Manager Salary 0 - 9 years exp. (15k salaries)	₹1.8 L/yr - ₹6 L/yr 18% less	2 job openings
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.6k salaries)	₹1 L/yr - ₹5 L/yr 28% less
Tata Capital Assistant Manager Salary 0 - 9 years exp. (160 salaries)	₹3 L/yr - ₹10.4 L/yr 46% more
Aditya Birla Capital Assistant Manager Salary 0 - 8 years exp. (257 salaries)	₹2.5 L/yr - ₹8 L/yr 6% less
L&T Finance Assistant Manager Salary 1 - 11 years exp. (308 salaries)	₹2 L/yr - ₹10 L/yr 16% more

View all

Assistant Manager salary at The Muthoot Group ranges between ₹1.4 Lakh to ₹7.5 Lakhs per year for employees with experience between 2 years to 14 years. Salary estimates are based on 160 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Assistant Manager salaries

Last Updated: 12 Mar 2025

Experience	Avg Annual Salary
2 years (18 salaries)	₹1.4 L/yr - ₹5 L/yr
3 years (27 salaries)	₹2 L/yr - ₹4.5 L/yr
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4 years (26 salaries)	₹2.2 L/yr - ₹4.7 L/yr
5 years (23 salaries)	₹2.5 L/yr - ₹5.7 L/yr
6 years (13 salaries)	₹2.4 L/yr - ₹6 L/yr
7 years (16 salaries)	₹2.4 L/yr - ₹6.4 L/yr
8 years (15 salaries)	₹2.2 L/yr - ₹6.5 L/yr
9 years (10 salaries)	₹3 L/yr - ₹9.1 L/yr
10 years (6 salaries)	₹3.3 L/yr - ₹7.5 L/yr
11 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.5 L/yr

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From

Assistant Manager

2 - 14 years exp.

Deputy Manager

4 - 13 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in The Muthoot Group

Assistant Manager O&M Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Assistant Branch Manager Salary

(33 salaries)

₹2.6 L/yr - ₹7.8 L/yr

Operations Manager Salary

(7 salaries)

₹3.5 L/yr - ₹7 L/yr

Team Manager Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Branch Manager Salary

(180 salaries)

₹2.55 L/yr - ₹7.45 L/yr

Deputy Manager Salary

(29 salaries)

₹3.6 L/yr - ₹6.35 L/yr

Sales Manager Salary

(9 salaries)

₹3.1 L/yr - ₹6.55 L/yr

Relationship Manager Salary

(9 salaries)

₹2.5 L/yr - ₹4 L/yr

Senior Officer Salary

(4 salaries)

₹2.15 L/yr - ₹3.36 L/yr

Team Lead Salary

(7 salaries)

₹2.05 L/yr - ₹4 L/yr

Top skills at The Muthoot Group for Assistant Manager

Sales Finance Gold Loan Banking Sales Marketing

Salary related reviews for The Muthoot Group

3.8

Rated by 51 employees for salary & benefits

Operations Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 24 Nov 2024

2.0

for Salary and Benefits

Likes

In customer angle, company is best brand among others. Products are good.

Job security - Good

Dislikes

HR cannot do independently in their best practice as per industry. Less salary industry. Old branch Offices are its still old and not renovations; and opening new offices. Even though advanced technology are implementing the systems and peripherals are old. Etc, etc.

Salary - Poor

+4 more

Branch Manager in Gadarwara

Full Time

Finance & Accounting Department

2.0

• posted on 28 Jan 2025

1.0

for Salary and Benefits

Likes

Skill development - Good
Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

Salary - Bad

+3 more

Branch Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Job security and staffs

Skill development - Good

+2 more

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

Promotions - Poor

+1 more

Branch Manager in Tiptur

Sales & Business Development Department

2.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

Skill development - Poor

+4 more

Customer Care Executive in New Delhi

SALES Department

5.0

• posted on 06 Nov 2021

4.0

for Salary and Benefits

Likes

...to employees and Customers which is good Upper management is Nice and helpful Ethical towards salary, bonuses and incentives Social Status Time to time training and grooming

Salary - Good

+1 more

Dislikes

Middle level management suppress employee from sharing their problems and views Pressure of Targets

Promotions - Bad

+1 more

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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The Muthoot Group Assistant Manager Salary FAQs

What is the salary of Assistant Manager at The Muthoot Group ?

The average salary of a Assistant Manager at The Muthoot Group in India typically ranges from ₹1.4 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 14 years).

The top 10% of Assistant Manager at The Muthoot Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. Assistant Manager Salaries at The Muthoot Group 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 100+ The Muthoot Group employees in India.

What is the estimated take home salary of a Assistant Manager at The Muthoot Group in India?

The estimated take-home salary of a Assistant Manager at The Muthoot Group in India typically ranges from ₹36,845 to ₹38,057 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years to 14 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 100+ salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Assistant Manager at The Muthoot Group ?

To be a Assistant Manager at The Muthoot Group in india, the key skills required include:

- Sales
- Finance
- Gold Loan
- Banking Sales
- Marketing

These skills are highly valued at The Muthoot Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than The Muthoot Group for Assistant Manager in India?

American Express	₹14.2 Lakhs to ₹42.0 Lakhs per year
State Street Corporation	₹9.3 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co.	₹6.3 Lakhs to ₹26.6 Lakhs per year
Morgan Stanley	₹7.0 Lakhs to ₹25.0 Lakhs per year
BNY	₹6.9 Lakhs to ₹20.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.

What is the salary of a Assistant Manager in companies similar to The Muthoot Group in India?

The salary of a Assistant Manager at companies similar to The Muthoot Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UBS	₹6.8 Lakhs to ₹22.8 Lakhs per year
BNP Paribas	₹6.0 Lakhs to ₹24.0 Lakhs per year
Citicorp	₹6.1 Lakhs to ₹20.7 Lakhs per year
Wells Fargo	₹7.0 Lakhs to ₹22.7 Lakhs per year
Marsh McLennan	₹5.5 Lakhs to ₹18.7 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 Assistant Manager at The Muthoot Group in India?

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

Experience	Average Salary Range
2 years	₹1.4 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹4.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹4.7 Lakhs per year
5 years	₹2.5 Lakhs to ₹5.7 Lakhs per year

and so on.

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The Muthoot Group Assistant Manager Salaries

The Muthoot Group Assistant Manager salary in India ranges between ₹1.4 Lakh to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 160 The Muthoot Group latest salaries received from various employees of The Muthoot Group.

The Muthoot Group Assistant Manager salaries in India (Updated 2025)

Companies similar to The Muthoot Group for Assistant Manager

Latest annual salaries shared by The Muthoot Group Assistant Manager

Experience wise The Muthoot Group Assistant Manager salaries

Similar Designation salaries in The Muthoot Group

Top skills at The Muthoot Group for Assistant Manager

Salary related reviews for The Muthoot Group

Operations Manager in New Delhi

Branch Manager in Gadarwara

Branch Manager in Bangalore / Bengaluru

Branch Manager in Tiptur

Customer Care Executive in New Delhi

The Muthoot Group Assistant Manager Salary FAQs

Tell us how to improve this page.

The Muthoot Group Assistant Manager Salaries by Location