Muthoot Group Relationship Manager Salaries by 9 Employees (Updated 2025)

3 - 7 years exp.

₹2.5 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

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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)	Unlock ₹3.3 L/yr - ₹3.6 L/yr
Finance & Accounting Relationship Manager Salary 5 - 7 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹2.8 L/yr
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Sales & Business Development Relationship Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹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
Manappuram Finance Relationship Manager Salary 1 - 16 years exp. (17 salaries)	Unlock ₹2.4 L/yr - ₹6 L/yr 26% more
Shriram Finance Relationship Manager Salary 0 - 10 years exp. (151 salaries)	Unlock ₹1.8 L/yr - ₹6.9 L/yr 7% more
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Bajaj Finance Relationship Manager Salary 0 - 9 years exp. (93 salaries)	Unlock ₹1.6 L/yr - ₹6.3 L/yr 29% more	366 job openings
HDFC Bank Relationship Manager Salary 0 - 15 years exp. (6.2k salaries)	Unlock ₹2.1 L/yr - ₹12.5 L/yr 110% more	20 job openings
ICICI Bank Relationship Manager Salary 0 - 19 years exp. (13k salaries)	Unlock ₹2.5 L/yr - ₹11.5 L/yr 124% more	1 job opening
Axis Bank Relationship Manager Salary 0 - 15 years exp. (1.8k salaries)	Unlock ₹2.5 L/yr - ₹13 L/yr 118% more	6 job openings
Kotak Mahindra Bank Relationship Manager Salary 0 - 12 years exp. (2.3k salaries)	Unlock ₹1.5 L/yr - ₹10 L/yr 80% more	6 job openings
Tata Capital Relationship Manager Salary 0 - 11 years exp. (305 salaries)	Unlock ₹4.5 L/yr - ₹16.4 L/yr 194% more	72 job openings
Aditya Birla Capital Relationship Manager Salary 0 - 9 years exp. (268 salaries)	Unlock ₹2 L/yr - ₹9 L/yr 40% more
L&T Finance Relationship Manager Salary 1 - 8 years exp. (58 salaries)	Unlock ₹2.4 L/yr - ₹12 L/yr 105% more
Motilal Oswal Financial Services Relationship Manager Salary 0 - 8 years exp. (824 salaries)	Unlock ₹1.2 L/yr - ₹5.7 L/yr 12% more	15 job openings
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HDFC Sales Relationship Manager Salary 0 - 10 years exp. (529 salaries)	Unlock ₹1.5 L/yr - ₹6.1 L/yr 3% more	1 job opening
Bajaj Capital Relationship Manager Salary 0 - 8 years exp. (373 salaries)	Unlock ₹2 L/yr - ₹6.3 L/yr 34% more	153 job openings
ICICI Securities Relationship Manager Salary 0 - 6 years exp. (288 salaries)	Unlock ₹1.5 L/yr - ₹8.5 L/yr 31% more
American Express Relationship Manager Salary 1 - 11 years exp. (254 salaries)	Unlock ₹4 L/yr - ₹12.2 L/yr 140% more
Cholamandalam Investment & Finance Relationship Manager Salary 2 - 9 years exp. (172 salaries)	Unlock ₹2 L/yr - ₹6 L/yr 4% more	1 job opening
IDFC FIRST Bharat Relationship Manager Salary 0 - 5 years exp. (159 salaries)	Unlock ₹1.7 L/yr - ₹6.2 L/yr 23% less	1 job opening
Citicorp Relationship Manager Salary 4 - 10 years exp. (130 salaries)	Unlock ₹5.6 L/yr - ₹20 L/yr 291% more
Bajaj Finserv Relationship Manager Salary 0 - 7 years exp. (125 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 22% more
HSBC Group Relationship Manager Salary 1 - 10 years exp. (45 salaries)	Unlock ₹3.1 L/yr - ₹11.9 L/yr 99% more	1 job opening

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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 Muthoot Group Relationship Manager salaries

Last Updated: 29 Oct 2024

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

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₹1.2 L/yr - ₹3.3 L/yr

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Territory Manager Salary

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₹4.2 L/yr - ₹8.2 L/yr

Area Manager Salary

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₹3.67 L/yr - ₹7.6 L/yr

Branch Sales Manager Salary

(3 salaries)

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₹3 L/yr - ₹5.5 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr

Assistant Sales Manager Salary

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₹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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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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The Muthoot Group Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Group?

Relationship Manager salary at Muthoot Group in India ranges between ₹2.5 Lakhs to ₹4.0 Lakhs for experience between 3 years to 7 years. According to our estimates it is 34% less than the average Relationship Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Group India.

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

The average salary of a Relationship Manager at Muthoot Group is 34% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Relationship Manager Salary - ₹6.2 Lakhs to ₹75.0 Lakhs per year
BNP Paribas Relationship Manager Salary - ₹11.0 Lakhs to ₹43.0 Lakhs per year
Aon Relationship Manager Salary - ₹8.0 Lakhs to ₹26.3 Lakhs per year
Citicorp Relationship Manager Salary - ₹5.6 Lakhs to ₹20.0 Lakhs per year
Marsh McLennan Relationship Manager Salary - ₹7.6 Lakhs to ₹14.5 Lakhs per year

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

Tata Capital Relationship Manager Salary - ₹4.5 Lakhs to ₹16.4 Lakhs per year
American Express Relationship Manager Salary - ₹4.0 Lakhs to ₹12.2 Lakhs per year
ICICI Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹11.5 Lakhs per year
Axis Bank Relationship Manager Salary - ₹2.5 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Relationship Manager Salary - ₹2.1 Lakhs to ₹12.5 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Muthoot Group ranges between ₹24,249 per month to ₹25,699 per month in India. The take-home salary calculation is based on the average Muthoot Group Relationship Manager salary in India which ranges between ₹2.5 Lakhs to ₹4.0 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Relationship Manager at Muthoot Group?

According to AmbitionBox, 63% of the Muthoot Group Relationship 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 8 responses on AmbitionBox in last 2 years.

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The Muthoot Group Relationship Manager Salaries by Location

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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.