Muthoot Group Cluster Head Salaries by 6 Employees (Updated 2025)

1 - 22 years exp.

₹3 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

59% less than the average Cluster Head Salary in Financial Services Companies for 1 - 22 years of experience

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Salaries in different departments

Teaching & Training Cluster Head Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr
BFSI, Investments & Trading Cluster Head Salary 14 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.4 L/yr
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Finance & Accounting Cluster Head Salary 22 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.9 L/yr
Sales & Business Development Cluster Head Salary 14 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 3 Apr 2024

Companies similar to The Muthoot Group for Cluster Head

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Cluster Head Salary 10 - 13 years exp. (4 salaries)	₹5.1 L/yr - ₹5.5 L/yr 10% less
Bajaj Finance Cluster Head Salary 4 - 17 years exp. (19 salaries)	₹9 L/yr - ₹21.9 L/yr 193% more
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HDFC Bank Cluster Head Salary 9 - 21 years exp. (163 salaries)	₹9.2 L/yr - ₹32 L/yr 267% more
ICICI Bank Cluster Head Salary 3 - 18 years exp. (33 salaries)	₹6 L/yr - ₹20.5 L/yr 155% more
Axis Bank Cluster Head Salary 13 - 22 years exp. (152 salaries)	₹11.1 L/yr - ₹42 L/yr 318% more
Kotak Mahindra Bank Cluster Head Salary 5 - 15 years exp. (49 salaries)	₹4.8 L/yr - ₹16.5 L/yr 65% more
Tata Capital Cluster Head Salary 5 - 17 years exp. (15 salaries)	₹9.1 L/yr - ₹25 L/yr 216% more	2 job openings
Aditya Birla Capital Cluster Head Salary 4 - 7 years exp. (13 salaries)	₹7 L/yr - ₹14.3 L/yr 65% more
Motilal Oswal Financial Services Cluster Head Salary 4 - 16 years exp. (13 salaries)	₹9.7 L/yr - ₹19.3 L/yr 117% more
Bajaj Finserv Cluster Head Salary 5 - 17 years exp. (7 salaries)	₹7 L/yr - ₹18 L/yr 141% more
Bajaj Capital Cluster Head Salary 4 - 12 years exp. (4 salaries)	₹7 L/yr - ₹15.5 L/yr 74% more
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ICICI Securities Cluster Head Salary 11 - 13 years exp. (3 salaries)	₹12 L/yr - ₹15.1 L/yr 141% more

Cluster Head salary at The Muthoot Group ranges between ₹3 Lakhs to ₹9 Lakhs per year for employees with experience between 1 year to 22 years. Salary estimates are based on 6 latest salaries received from various employees of The Muthoot Group.

Experience wise Muthoot Group Cluster Head salaries

Last Updated: 3 Apr 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.5 L/yr
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3 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.2 L/yr
5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
8 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
13 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
14 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹6.5 L/yr
15+ years (AmbitionBox Estimate)	₹3.1 L/yr - ₹9 L/yr

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Branch Manager Salary

(179 salaries)

₹2 L/yr - ₹7.45 L/yr

Territory Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

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₹8.33 L/yr - ₹20 L/yr

Salary related reviews for The Muthoot Group

4.0

Rated by 1 employees for salary & benefits

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

Senior Sales Executive in Nellore

Sales & Business Development Department

5.0

• posted on 23 Jul 2020

5.0

for Salary and Benefits

Likes

...agement is transparent. There is huge cafeteria and gaming arcade for chilling. Company policies are good appricials are fair and they give good salary and bonus every year.

Salary - Excellent

+5 more

Dislikes

Nothing

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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The Muthoot Group Cluster Head Salary FAQs

What is the salary of Cluster Head at Muthoot Group?

Cluster Head salary at Muthoot Group in India ranges between ₹3.0 Lakhs to ₹9.0 Lakhs for experience between 1 years to 22 years. According to our estimates it is 59% less than the average Cluster Head Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Group India.

How does the salary of a Cluster Head at Muthoot Group India compare with the average salary range for this job?

The average salary of a Cluster Head at Muthoot Group is 59% less than the average salary of a Cluster Head in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Group to a Cluster Head in India?

Axis Bank Cluster Head Salary - ₹11.1 Lakhs to ₹42.0 Lakhs per year
HDFC Bank Cluster Head Salary - ₹9.2 Lakhs to ₹32.0 Lakhs per year
Tata Capital Cluster Head Salary - ₹9.1 Lakhs to ₹25.0 Lakhs per year
Bajaj Finance Cluster Head Salary - ₹9.0 Lakhs to ₹21.9 Lakhs per year
ICICI Bank Cluster Head Salary - ₹6.0 Lakhs to ₹20.5 Lakhs per year

What is the salary of a Cluster Head in companies similar to Muthoot Group in India?

Bajaj Finserv Cluster Head Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
ICICI Securities Cluster Head Salary - ₹12.0 Lakhs to ₹15.1 Lakhs per year
Motilal Oswal Financial Services Cluster Head Salary - ₹9.7 Lakhs to ₹19.3 Lakhs per year
Bajaj Capital Cluster Head Salary - ₹7.0 Lakhs to ₹15.5 Lakhs per year
Aditya Birla Capital Cluster Head Salary - ₹7.0 Lakhs to ₹14.3 Lakhs per year

What is the estimated take home salary of a Cluster Head at Muthoot Group in India?

The estimated take-home salary of a Cluster Head at Muthoot Group ranges between ₹43,580 per month to ₹44,692 per month in India. The take-home salary calculation is based on the average Muthoot Group Cluster Head salary in India which ranges between ₹3.0 Lakhs to ₹9.0 Lakhs per year for employees with experience between 1 years to 22 years. Check how did we calculate take home salary?

What is the notice period for Cluster Head at Muthoot Group?

According to AmbitionBox, 50% of the Muthoot Group Cluster Heads 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 4 responses on AmbitionBox in last 2 years.

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The Muthoot Group Cluster Head Salaries by Location

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Muthoot Group Cluster Head Salaries

The Muthoot Group Cluster Head salary in India ranges between ₹3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 The Muthoot Group latest salaries received from various employees of The Muthoot Group.