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

Annual salary range
4 - 13 years exp.
₹3.6 Lakhs - ₹6.4 Lakhs
Salary of majority employees
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47% less than the average Deputy Manager Salary in Financial Services Companies for 4 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
7 - 13 years exp. (7 salaries)
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₹4.1 L/yr - ₹6.3 L/yr

Finance & Accounting
Deputy Manager Salary
8 - 13 years exp. (5 salaries)
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₹4.6 L/yr - ₹6.4 L/yr

Sales & Business Development
Deputy Manager Salary
7 - 9 years exp. (4 salaries)
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₹3.6 L/yr - ₹5.5 L/yr

Administration & Facilities
Deputy Manager Salary
8 - 11 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹5.4 L/yr

Procurement & Supply Chain
Deputy Manager Salary
7 - 10 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5 L/yr

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Last Updated: 1 Mar 2025

Companies similar to The Muthoot Group for Deputy Manager

Company name Avg Annual Salary Open Jobs
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Manappuram Finance Deputy Manager Salary

3 - 12 years exp. (71 salaries)

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₹3 L/yr - ₹6 L/yr

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Shriram Finance Deputy Manager Salary

5 - 17 years exp. (194 salaries)

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₹2.5 L/yr - ₹8.4 L/yr

arrow icon 2% more
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Bajaj Finance Deputy Manager Salary

0 - 10 years exp. (292 salaries)

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₹3 L/yr - ₹9.8 L/yr

arrow icon 2% less
1158 job openings
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HDFC Bank Deputy Manager Salary

0 - 13 years exp. (15.1k salaries)

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₹2 L/yr - ₹8.4 L/yr

arrow icon 14% more
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (15.5k salaries)

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₹2.5 L/yr - ₹11 L/yr

arrow icon 26% more
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (10.5k salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 23% more
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Kotak Mahindra Bank Deputy Manager Salary

0 - 13 years exp. (11.3k salaries)

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₹1.7 L/yr - ₹8.5 L/yr

arrow icon 1% less
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Tata Capital Deputy Manager Salary

3 - 12 years exp. (35 salaries)

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₹3.1 L/yr - ₹9.5 L/yr

arrow icon 5% more
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Aditya Birla Capital Deputy Manager Salary

3 - 11 years exp. (117 salaries)

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₹3.5 L/yr - ₹11.1 L/yr

arrow icon 26% more
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L&T Finance Deputy Manager Salary

2 - 13 years exp. (6 salaries)

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₹7 L/yr - ₹9 L/yr

arrow icon 49% more
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Bajaj Finserv Deputy Manager Salary

0 - 9 years exp. (456 salaries)

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₹2.9 L/yr - ₹9.5 L/yr

At par
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HDFC Sales Deputy Manager Salary

3 - 13 years exp. (376 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 10% more
4 job openings
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₹2 L/yr - ₹9.5 L/yr

arrow icon 11% less
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Marsh McLennan Deputy Manager Salary

5 - 18 years exp. (109 salaries)

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₹7.7 L/yr - ₹20 L/yr

arrow icon 193% more
1 job opening
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IDFC FIRST Bharat Deputy Manager Salary

2 - 10 years exp. (95 salaries)

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₹3.2 L/yr - ₹7.7 L/yr

arrow icon 6% less
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Citicorp Deputy Manager Salary

4 - 12 years exp. (50 salaries)

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₹5.7 L/yr - ₹16 L/yr

arrow icon 108% more
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State Street Corporation Deputy Manager Salary

9 - 14 years exp. (28 salaries)

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₹9.4 L/yr - ₹15.1 L/yr

arrow icon 128% more
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Bajaj Capital Deputy Manager Salary

1 - 8 years exp. (30 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 46% less
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American Express Deputy Manager Salary

1 - 11 years exp. (19 salaries)

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₹4.1 L/yr - ₹11 L/yr

arrow icon 43% more
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BNP Paribas Deputy Manager Salary

4 - 15 years exp. (18 salaries)

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₹10 L/yr - ₹20 L/yr

arrow icon 204% more
View all
Deputy Manager salary at The Muthoot Group ranges between ₹3.6 Lakhs to ₹6.4 Lakhs per year for employees with experience between 4 years to 13 years. Salary estimates are based on 29 latest salaries received from various employees of The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Deputy Manager

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Experience wise The Muthoot Group Deputy Manager salaries

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹9 L/yr
5 years  (3 salaries)

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₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
7 years  (3 salaries)

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₹3.6 L/yr - ₹6.3 L/yr
8 years  (8 salaries)

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₹4 L/yr - ₹6.4 L/yr
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Similar Designation salaries in The Muthoot Group

Team Manager Salary
(AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr
Branch Manager Salary
(180 salaries)
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₹2.55 L/yr - ₹7.45 L/yr
Area Manager Salary
(14 salaries)
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₹3.67 L/yr - ₹7.6 L/yr
Cluster Manager Salary
(32 salaries)
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₹4.2 L/yr - ₹11.5 L/yr
Deputy Branch Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr
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₹4.3 L/yr - ₹8 L/yr
Project Manager Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr
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₹3.5 L/yr - ₹7 L/yr
Deputy Manager Grade 2 Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
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₹2.5 L/yr - ₹4 L/yr

Salary related reviews for The Muthoot Group

4.2

Rated by 7 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Promotions - Poor
  • +1 more

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.

read more
  • Skill development - Poor
  • +4 more

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

read more
  • 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.

read more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 06 Oct 2024

1.0
 for  Salary and Benefits

Likes

Salary on time.

Dislikes

No work life balance, late sitting, unnecessary pressure, 2 years employment bond, job with financial risks, rupe behaving seniors, no professionalism, no diversity support, office politics, there is no timings to go home after the shift over, you cannot late a minute to report your duties if you do even 1 minute late your half day salary will be gone, very less salary, discrimination, no good appraisals, it is like a lala ki dukan, no staff security, staff can be beaten and threatened by the customers, at the time of interview the roles and responsibilities are different but after joining and signing 2 years of bond everything gets change, they do not follow labour laws at many times, they take more than 90days to complete your FNF settlement, they provide your relieving and exp letter after 90days from your last working day, no employee engagement activities are performed, a person is working since 7 years but he only reached at 45k/month, unsupportive company, unsupportive upper management, sometimes colleagues are also unsupportive, they give CL/EL to employees but not approve the same at many times. There are many things I can still write here.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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The Muthoot Group Deputy Manager Salary FAQs

What is the salary of Deputy Manager at The Muthoot Group ?
The average salary of a Deputy Manager at The Muthoot Group in India typically ranges from ₹3.6 Lakhs to ₹6.4 Lakhs per year, depending on experience (from 4 years to 13 years).

The top 10% of Deputy Manager at The Muthoot Group earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.4 Lakhs per year. Deputy 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 20+ The Muthoot Group employees in India.
What is the estimated take home salary of a Deputy Manager at The Muthoot Group in India?
The estimated take-home salary of a Deputy Manager at The Muthoot Group in India typically ranges from ₹38,475 to ₹39,663 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹6.4 Lakhs per year for employees with experience ranging from 4 years to 13 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 20+ 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 Deputy Manager in India?
Wells Fargo ₹12.1 Lakhs to ₹37.3 Lakhs per year
UBS ₹11.0 Lakhs to ₹23.0 Lakhs per year
BNP Paribas ₹10.0 Lakhs to ₹20.0 Lakhs per year
Marsh McLennan ₹7.7 Lakhs to ₹20.0 Lakhs per year
BNY ₹9.0 Lakhs to ₹20.0 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 Deputy Manager in companies similar to The Muthoot Group in India?
The salary of a Deputy 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:

JPMorgan Chase & Co. ₹6.6 Lakhs to ₹20.8 Lakhs per year
State Street Corporation ₹9.4 Lakhs to ₹15.1 Lakhs per year
Morgan Stanley ₹5.0 Lakhs to ₹19.3 Lakhs per year
Citicorp ₹5.7 Lakhs to ₹16.0 Lakhs per year
HSBC Group ₹6.0 Lakhs to ₹10.5 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 Deputy Manager at The Muthoot Group in India?
The salary growth for a Deputy Manager at The Muthoot Group depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at The Muthoot Group:

Experience Average Salary Range
4 years ₹4.8 Lakhs to ₹9.0 Lakhs per year
5 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
6 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years ₹3.6 Lakhs to ₹6.3 Lakhs per year
and so on.

Tell us how to improve this page.

The Muthoot Group Deputy Manager salary in India ranges between ₹3.6 Lakhs to ₹6.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 The Muthoot Group latest salaries received from various employees of The Muthoot Group.