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

46% 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. (59 salaries)	₹1.4 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Assistant Manager Salary 2 - 12 years exp. (58 salaries)	₹1.4 L/yr - ₹7.5 L/yr
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Customer Success, Service & Operations Assistant Manager Salary 2 - 10 years exp. (20 salaries)	₹2.2 L/yr - ₹7.5 L/yr
Sales & Business Development Assistant Manager Salary 2 - 12 years exp. (10 salaries)	₹2.2 L/yr - ₹6 L/yr
Marketing & Communication Assistant Manager Salary 2 - 9 years exp. (9 salaries)	₹3.3 L/yr - ₹5.5 L/yr

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Last Updated: 16 Feb 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. (457 salaries)	₹1 L/yr - ₹6 L/yr 23% less	3 job openings
Shriram Finance Assistant Manager Salary 0 - 15 years exp. (383 salaries)	₹0.7 L/yr - ₹6 L/yr 14% less	2 job openings
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Bajaj Finance Assistant Manager Salary 0 - 13 years exp. (1.5k salaries)	₹1.5 L/yr - ₹8 L/yr 5% more	307 job openings
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	₹1.7 L/yr - ₹7.3 L/yr 16% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 11% less
Axis Bank Assistant Manager Salary 0 - 9 years exp. (15k salaries)	₹1.8 L/yr - ₹6 L/yr 10% less	1 job opening
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1 L/yr - ₹5 L/yr 23% less
Tata Capital Assistant Manager Salary 0 - 8 years exp. (157 salaries)	₹3 L/yr - ₹10.2 L/yr 53% more
Aditya Birla Capital Assistant Manager Salary 0 - 8 years exp. (252 salaries)	₹2.5 L/yr - ₹9 L/yr 1% more
L&T Finance Assistant Manager Salary 1 - 9 years exp. (310 salaries)	₹2.2 L/yr - ₹9.5 L/yr 26% more

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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 198 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Assistant Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
2 years (18 salaries)	₹1.4 L/yr - ₹4.2 L/yr
3 years (33 salaries)	₹1.4 L/yr - ₹4.5 L/yr
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4 years (29 salaries)	₹2.2 L/yr - ₹4.7 L/yr
5 years (26 salaries)	₹2.5 L/yr - ₹5.7 L/yr
6 years (19 salaries)	₹2.4 L/yr - ₹6 L/yr
7 years (19 salaries)	₹2.4 L/yr - ₹6.4 L/yr
8 years (18 salaries)	₹2.8 L/yr - ₹6.5 L/yr
9 years (13 salaries)	₹3 L/yr - ₹5.5 L/yr
10 years (11 salaries)	₹3.3 L/yr - ₹7.5 L/yr
11 years (7 salaries)	₹3.8 L/yr - ₹7 L/yr
12 years (3 salaries)	₹4 L/yr - ₹7.5 L/yr
13 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
14 years (AmbitionBox Estimate)	₹5 L/yr - ₹9.8 L/yr

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From

Assistant Manager

2 - 14 years exp.

Deputy Manager

₹

Lakhs/yr

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

(32 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)

₹2.5 L/yr - ₹7.45 L/yr

Deputy Manager Salary

(29 salaries)

₹3.6 L/yr - ₹6.35 L/yr

Sales Manager Salary

(7 salaries)

₹3.1 L/yr - ₹6.3 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 50 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

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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The Muthoot Group Assistant Manager Salary FAQs

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

Assistant Manager salary at The Muthoot Group in India ranges between ₹1.4 Lakhs to ₹7.5 Lakhs for experience between 2 years to 14 years. According to our estimates it is 46% less than the average Assistant Manager Salary in India. Salary estimates are based on 198 latest salaries received from various employees of The Muthoot Group India.

How does the salary of a Assistant Manager at The Muthoot Group India compare with the average salary range for this job?

The average salary of a Assistant Manager at The Muthoot Group is 46% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at The Muthoot Group?

Sales, Finance, Gold Loan, Banking Sales and Marketing are some of the popular skills required to work as a Assistant Manager at The Muthoot Group India.

Which similar companies are paying more than The Muthoot Group to a Assistant Manager in India?

American Express Assistant Manager Salary - ₹14.0 Lakhs to ₹42.0 Lakhs per year
State Street Corporation Assistant Manager Salary - ₹9.3 Lakhs to ₹25.0 Lakhs per year
JPMorgan Chase & Co. Assistant Manager Salary - ₹7.4 Lakhs to ₹28.0 Lakhs per year
Morgan Stanley Assistant Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
BNY Assistant Manager Salary - ₹7.0 Lakhs to ₹24.0 Lakhs per year

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

UBS Assistant Manager Salary - ₹6.8 Lakhs to ₹22.8 Lakhs per year
BNP Paribas Assistant Manager Salary - ₹5.9 Lakhs to ₹24.0 Lakhs per year
Wells Fargo Assistant Manager Salary - ₹7.0 Lakhs to ₹22.9 Lakhs per year
Citicorp Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Marsh McLennan Assistant Manager Salary - ₹4.7 Lakhs to ₹18.7 Lakhs per year

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 ranges between ₹34,005 per month to ₹35,259 per month in India. The take-home salary calculation is based on the average The Muthoot Group Assistant Manager salary in India which ranges between ₹1.4 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager at The Muthoot Group?

According to AmbitionBox, 37% of the The Muthoot Group Assistant Managers reported a notice period of 1 Month, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 103 responses on AmbitionBox in last 2 years.

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The Muthoot Group Assistant Manager Salaries by Location

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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 198 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