The Muthoot Group Chief Manager Salaries by 4 Employees (Updated 2025)

13 - 19 years exp.

₹10 Lakhs - ₹19 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Chief Manager Salary in Financial Services Companies for 13 - 19 years of experience

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Salaries in different departments

IT & Information Security Chief Manager Salary 14 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
Sales & Business Development Chief Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr
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Administration & Facilities Chief Manager Salary 19 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr

Last Updated: 8 Mar 2025

Companies similar to The Muthoot Group for Chief Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Chief Manager Salary 2 - 17 years exp. (229 salaries)	₹7.8 L/yr - ₹25 L/yr 31% more
IDFC FIRST Bharat Chief Manager Salary 10 - 19 years exp. (30 salaries)	₹7.5 L/yr - ₹19.7 L/yr At par
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Aditya Birla Capital Chief Manager Salary 6 - 16 years exp. (26 salaries)	₹14 L/yr - ₹34.2 L/yr 53% more
Cholamandalam Investment & Finance Chief Manager Salary 5 - 13 years exp. (24 salaries)	₹6.5 L/yr - ₹10 L/yr 39% less
Reliance Capital Chief Manager Salary 5 - 13 years exp. (10 salaries)	₹17 L/yr - ₹36 L/yr 70% more
Bajaj Capital Chief Manager Salary 5 - 16 years exp. (8 salaries)	₹11 L/yr - ₹19.6 L/yr 8% more
Bajaj Finserv Chief Manager Salary 10 - 13 years exp. (5 salaries)	₹14.2 L/yr - ₹28.1 L/yr 81% more
Aon Chief Manager Salary 12 - 15 years exp. (5 salaries)	₹17.2 L/yr - ₹23 L/yr 46% more
Motilal Oswal Financial Services Chief Manager Salary 9 - 15 years exp. (3 salaries)	₹8.5 L/yr - ₹22 L/yr 15% more
Citicorp Chief Manager Salary 5 - 14 years exp. (3 salaries)	₹7.6 L/yr - ₹22.8 L/yr 10% more

Chief Manager salary at The Muthoot Group ranges between ₹10 Lakhs to ₹19 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Chief Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
14 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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15+ years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.1 L/yr

Similar Designation salaries in The Muthoot Group

Area Manager Salary

(14 salaries)

₹3.67 L/yr - ₹7.6 L/yr

Sales Manager Salary

(9 salaries)

₹3.1 L/yr - ₹6.55 L/yr

Credit Manager Salary

(15 salaries)

₹3.38 L/yr - ₹5.9 L/yr

Cluster Manager Salary

(32 salaries)

₹4.2 L/yr - ₹11.5 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

Territory Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Operations Manager Salary

(7 salaries)

₹3.5 L/yr - ₹7 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.2 L/yr - ₹8.2 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Salary related reviews for The Muthoot Group

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 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

Accountant in New Delhi

BFSI, Investments & Trading Department

4.0

• posted on 27 Nov 2019

4.0

for Salary and Benefits

Likes

It's a full supportive environment in this company and always credits salary and incentives timely in employees account and a very good platform to start career

Salary - Good

+4 more

Dislikes

Annual appraisal are low and there might be health issues due to using acid during checking gold

Branch Manager in Thiruvananthapuram

Muthoot Finance Department

5.0

• posted on 15 Mar 2018

5.0

for Salary and Benefits

Likes

...eving our branch targets .Insurance products,gold loan ,NCD,are the main areas .Job security and good salary growth provided in Muthoot group

Salary - Excellent

+6 more

Dislikes

.work environment is Monday to Saturday timing is 8.30 to 5.30 and Most Sunday’s have any training process there .In branch if alarm system working at any time most probably in night I will be there at night to open the branch and Sunday visit in branch for 10 minibus is compalsary for the managers only.

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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The Muthoot Group Chief Manager Salary FAQs

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

The average salary of a Chief Manager at The Muthoot Group in India typically ranges from ₹10.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Chief Manager at The Muthoot Group earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Chief 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 4 The Muthoot Group employees in India.

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

The estimated take-home salary of a Chief Manager at The Muthoot Group in India typically ranges from ₹96,220 to ₹98,820 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 4 salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Bajaj Finserv	₹14.2 Lakhs to ₹28.1 Lakhs per year
Reliance Capital	₹17.0 Lakhs to ₹36.0 Lakhs per year
Aditya Birla Capital	₹14.0 Lakhs to ₹34.2 Lakhs per year
Aon	₹17.2 Lakhs to ₹23.0 Lakhs per year
ICICI Securities	₹7.8 Lakhs to ₹25.0 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 Chief Manager in companies similar to The Muthoot Group in India?

The salary of a Chief 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:

Motilal Oswal Financial Services	₹8.5 Lakhs to ₹22.0 Lakhs per year
Citicorp	₹7.6 Lakhs to ₹22.8 Lakhs per year
Bajaj Capital	₹11.0 Lakhs to ₹19.6 Lakhs per year
IDFC FIRST Bharat	₹7.5 Lakhs to ₹19.7 Lakhs per year
Cholamandalam Investment & Finance	₹6.5 Lakhs to ₹10.0 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 Chief Manager at The Muthoot Group in India?

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

Experience	Average Salary Range
13 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
14 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
15 years	₹15.8 Lakhs to ₹20.1 Lakhs per year

and so on.

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The Muthoot Group Chief Manager Salaries

The Muthoot Group Chief Manager salary in India ranges between ₹10 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 The Muthoot Group latest salaries received from various employees of The Muthoot Group.