The Muthoot Group Relationship Manager Salaries by 9 Employees

3 - 7 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

34% less than the average Relationship Manager Salary in Financial Services Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Relationship Manager Salary 3 - 5 years exp. (3 salaries)	₹3.3 L/yr - ₹3.6 L/yr
Finance & Accounting Relationship Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.8 L/yr
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Sales & Business Development Relationship Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹4 L/yr

Last Updated: 29 Oct 2024

Companies similar to The Muthoot Group for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (978 salaries)	₹1.2 L/yr - ₹6 L/yr 14% more	11 job openings
HDFC Sales Relationship Manager Salary 0 - 10 years exp. (533 salaries)	₹1.5 L/yr - ₹6.1 L/yr 2% more	1 job opening
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Bajaj Capital Relationship Manager Salary 0 - 8 years exp. (371 salaries)	₹2 L/yr - ₹6.3 L/yr 35% more	40 job openings
ICICI Securities Relationship Manager Salary 0 - 6 years exp. (292 salaries)	₹1.5 L/yr - ₹8.5 L/yr 32% more
Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (271 salaries)	₹2 L/yr - ₹9 L/yr 41% more
American Express Relationship Manager Salary 1 - 11 years exp. (254 salaries)	₹4 L/yr - ₹12.2 L/yr 140% more
Cholamandalam Investment & Finance Relationship Manager Salary 2 - 9 years exp. (175 salaries)	₹2 L/yr - ₹6 L/yr 6% more	1 job opening
IDFC FIRST Bharat Relationship Manager Salary 0 - 5 years exp. (163 salaries)	₹1.7 L/yr - ₹6.2 L/yr 24% less	1 job opening
Reliance Capital Relationship Manager Salary 0 - 8 years exp. (147 salaries)	₹2 L/yr - ₹5.5 L/yr 1% more	1 job opening
Bajaj Finserv Relationship Manager Salary 0 - 7 years exp. (138 salaries)	₹1.8 L/yr - ₹6 L/yr 23% more
Citicorp Relationship Manager Salary 4 - 10 years exp. (129 salaries)	₹5.6 L/yr - ₹20.1 L/yr 292% more
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Magma Housing Finance Relationship Manager Salary 2 - 9 years exp. (100 salaries)	₹2.4 L/yr - ₹5.2 L/yr 9% more
Motilal Oswal Relationship Manager Salary 0 - 8 years exp. (74 salaries)	₹1.7 L/yr - ₹4.5 L/yr 6% less
HSBC Group Relationship Manager Salary 1 - 10 years exp. (44 salaries)	₹3.4 L/yr - ₹10.3 L/yr 90% more	3 job openings
RBL FinServe Relationship Manager Salary 0 - 10 years exp. (31 salaries)	₹2.5 L/yr - ₹6.5 L/yr 11% more
Satya MicroCapital Relationship Manager Salary 2 - 9 years exp. (17 salaries)	₹2.9 L/yr - ₹7.1 L/yr 27% more
Marsh McLennan Relationship Manager Salary 3 - 6 years exp. (7 salaries)	₹7.6 L/yr - ₹14.5 L/yr 217% more
BNP Paribas Relationship Manager Salary 3 - 8 years exp. (6 salaries)	₹11 L/yr - ₹43 L/yr 634% more
Aon Relationship Manager Salary 5 - 15 years exp. (5 salaries)	₹8 L/yr - ₹26.3 L/yr 385% more
JPMorgan Chase & Co. Relationship Manager Salary 0 - 13 years exp. (4 salaries)	₹6.2 L/yr - ₹75 L/yr 717% more

Relationship Manager salary at The Muthoot Group ranges between ₹2.5 Lakhs to ₹4 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 9 latest salaries received from various employees of The Muthoot Group.

Experience wise The Muthoot Group Relationship Manager salaries

Last Updated: 29 Oct 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.9 L/yr
4 years (3 salaries)	₹2.9 L/yr - ₹6 L/yr
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5 years (3 salaries)	₹2.5 L/yr - ₹4 L/yr
6 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.1 L/yr

Similar Designation salaries in The Muthoot Group

Relationship Officer Salary

(32 salaries)

₹1.2 L/yr - ₹3.3 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

Sales Manager Salary

(9 salaries)

₹3.1 L/yr - ₹6.55 L/yr

Area Sales Manager Salary

(5 salaries)

₹4.2 L/yr - ₹8.2 L/yr

Area Manager Salary

(14 salaries)

₹3.67 L/yr - ₹7.6 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Assistant Sales Manager Salary

(4 salaries)

₹3.5 L/yr - ₹6.25 L/yr

Salary related reviews for The Muthoot Group

4.3

Rated by 5 employees for salary & benefits

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.

Accounts Associate in New Delhi

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.

Salary - Bad

+5 more

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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The Muthoot Group Relationship Manager Salary FAQs

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

The average salary of a Relationship Manager at The Muthoot Group in India typically ranges from ₹2.5 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of Relationship Manager at The Muthoot Group earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Relationship 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 9 The Muthoot Group employees in India.

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

The estimated take-home salary of a Relationship Manager at The Muthoot Group in India typically ranges from ₹24,249 to ₹25,699 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 3 years to 7 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 9 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 Relationship Manager in India?

JPMorgan Chase & Co.	₹6.2 Lakhs to ₹75.0 Lakhs per year
BNP Paribas	₹11.0 Lakhs to ₹43.0 Lakhs per year
Aon	₹8.0 Lakhs to ₹26.3 Lakhs per year
Citicorp	₹5.6 Lakhs to ₹20.1 Lakhs per year
Marsh McLennan	₹7.6 Lakhs to ₹14.5 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 Relationship Manager in companies similar to The Muthoot Group in India?

The salary of a Relationship 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:

American Express	₹4.0 Lakhs to ₹12.2 Lakhs per year
HSBC Group	₹3.4 Lakhs to ₹10.3 Lakhs per year
Aditya Birla Capital	₹2.0 Lakhs to ₹9.0 Lakhs per year
Bajaj Capital	₹2.0 Lakhs to ₹6.3 Lakhs per year
ICICI Securities	₹1.5 Lakhs to ₹8.5 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 Relationship Manager at The Muthoot Group in India?

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

Experience	Average Salary Range
3 years	₹3.2 Lakhs to ₹5.9 Lakhs per year
4 years	₹2.9 Lakhs to ₹6.0 Lakhs per year
5 years	₹2.5 Lakhs to ₹4.0 Lakhs per year
6 years	₹3.0 Lakhs to ₹3.9 Lakhs per year

and so on.

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The Muthoot Group Relationship Manager Salaries

The Muthoot Group Relationship Manager salary in India ranges between ₹2.5 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 The Muthoot Group latest salaries received from various employees of The Muthoot Group.