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Muthoot Mercantile Assistant Manager salaries in India

Annual salary range
2 - 6 years exp.
₹2.3 Lakhs - ₹3.6 Lakhs
Salary of majority employees
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65% less than the average Assistant Manager Salary in NBFC Companies for 2 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
2 - 6 years exp. (3 salaries)
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₹2.9 L/yr - ₹3.6 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
2 - 3 years exp. (3 salaries)
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₹2.4 L/yr - ₹3 L/yr

Finance & Accounting
Assistant Manager Salary
3 - 5 years exp. (3 salaries)
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₹2.3 L/yr - ₹3.2 L/yr

Last Updated: 29 Oct 2024

Companies similar to Muthoot Mercantile for Assistant Manager

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

0 - 7 years exp. (412 salaries)

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₹1.1 L/yr - ₹6 L/yr

arrow icon 18% more
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Muthoot Fincorp Assistant Manager Salary

0 - 11 years exp. (189 salaries)

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₹1.3 L/yr - ₹5.1 L/yr

arrow icon 20% more
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (369 salaries)

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₹1.6 L/yr - ₹5.5 L/yr

arrow icon 28% more
2 job openings
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Bajaj Finance Assistant Manager Salary

0 - 13 years exp. (1.4k salaries)

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₹1.5 L/yr - ₹8.5 L/yr

arrow icon 64% more
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HDB Financial Services Assistant Manager Salary

1 - 14 years exp. (535 salaries)

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₹1.2 L/yr - ₹7.7 L/yr

arrow icon 53% more
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Mahindra Finance Assistant Manager Salary

4 - 10 years exp. (193 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 83% more
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₹1.6 L/yr - ₹8.8 L/yr

arrow icon 63% more
1 job opening
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L&T Finance Assistant Manager Salary

0 - 9 years exp. (272 salaries)

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₹2.2 L/yr - ₹9 L/yr

arrow icon 99% more
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Edelweiss Assistant Manager Salary

0 - 13 years exp. (449 salaries)

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₹3.6 L/yr - ₹13 L/yr

arrow icon 176% more
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Reliance Capital Assistant Manager Salary

1 - 12 years exp. (27 salaries)

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₹2.6 L/yr - ₹7.3 L/yr

arrow icon 61% more
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₹2.6 L/yr - ₹8 L/yr

arrow icon 86% more
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₹3 L/yr - ₹5.7 L/yr

arrow icon 50% more
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₹3.1 L/yr - ₹5 L/yr

arrow icon 29% more
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Rattanindia Finance Assistant Manager Salary

1 - 10 years exp. (24 salaries)

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₹4 L/yr - ₹8.3 L/yr

arrow icon 55% more
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Poonawalla Finance Assistant Manager Salary

0 - 13 years exp. (16 salaries)

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₹4.2 L/yr - ₹5.5 L/yr

arrow icon 71% more
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Wheels Emi Assistant Manager Salary

4 - 12 years exp. (15 salaries)

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₹4 L/yr - ₹9 L/yr

arrow icon 127% more
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Volkswagen Finance Assistant Manager Salary

8 - 18 years exp. (10 salaries)

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₹5 L/yr - ₹8.1 L/yr

arrow icon 115% more
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₹2.5 L/yr - ₹6 L/yr

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Yogakshemam Loans Assistant Manager Salary

3 - 8 years exp. (5 salaries)

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₹1.4 L/yr - ₹4 L/yr

arrow icon 19% less
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CredAble Assistant Manager Salary

1 - 3 years exp. (5 salaries)

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₹7.1 L/yr - ₹8.2 L/yr

arrow icon 159% more
View all
Assistant Manager salary at Muthoot Mercantile ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Mercantile.

Latest annual salaries shared by Muthoot Mercantile Assistant Manager

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Experience wise Muthoot Mercantile Assistant Manager salaries

Last Updated: 29 Oct 2024

Experience Avg Annual Salary
2 years  (4 salaries)

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₹2.4 L/yr - ₹3.3 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)

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₹2.6 L/yr - ₹5.2 L/yr
6 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹5.2 L/yr

Similar Designation salaries in Muthoot Mercantile

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₹2.1 L/yr - ₹3.5 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Branch Manager Salary
(94 salaries)
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₹2.15 L/yr - ₹4.8 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
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₹2 L/yr - ₹2.5 L/yr
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₹1.65 L/yr - ₹2.15 L/yr

Salary related reviews for Muthoot Mercantile

3.2

Rated by 5 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 25 Aug 2023

1.0
 for  Salary and Benefits

Likes

Nothing good about this FAKE company

Dislikes

... of Muthoot Finance and Fincorp by Lying to customers as they are not the same . They don't even stationary budget staff have to pay for it . AC have timers from KERALA which get off . Over all Management don't know to work they work like unorganized sector. As a gold loan company they don't have proper packet to pack they are so cheap they recycle packet 4 times and wrap gold in newspaper which is below standard company even jewelers pack in Ziplock bag . SO OVER ALL FAKE COMAPNY NO PF NO INSURANCE TO STAFF AND LOTS OF DEDUCTION SO BEAWARE BEFORE JOINING FOR ANY THING YOU ARE LIABLE .

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Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 31 Jul 2024

1.0
 for  Salary and Benefits

Likes

As soon as possible muthoot mercantile should be closed

Dislikes

Salary not proper,salary slip not get,management worst people,HR not responsible,salary not get time..muthoot mercantile branch plz visit u feel ur come to govt death hospital room,TA/DA not proper..whenever visit to staff plz watch them face..sad & nervous..don't join muthoot mercantile.plz join swiggy,zomato better then muthoot mercantile

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Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 13 Mar 2024

1.0
 for  Salary and Benefits

Likes

No thing, everything is Worst

Dislikes

Bad experience, No PF deduction, Every month Salary God deduction without any reason and eny explanation, No Job security, Company not have any Ethics and rules like Corporate, Worst experience of my life.

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Gold Loan Department

1.0
  •  posted on 29 Jul 2020

1.0
 for  Salary and Benefits

Likes

they are not supporting there employees . they not pay any amount during lockdown period .they are not trust there employees . if any fraud happen in any branch by other person they are recover money from there employees and after recover money they are terminated the all staff . employee prove that yourself as a inocent person but employer are not listening to employee.

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Dislikes

unprofessional work type. not pay office expense many office expenses pay by himself . if any miscound found they not investigating that what is incident happen they are not supporting there staff and terminated the staff. they are not give to time to explain yourself and prove yourself even after termination they are not pickup your phone call and not reply your mail .

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Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 16 Oct 2024

4.0
 for  Salary and Benefits

Likes

Good working atmosphere and very good work culture. We have a very dynamic and flamboyant MD and we have full faith and belief in the Management. There is not much pressure compared to Banks. I have worked in Banks for 22 years. Get good exposure and job satisfaction.

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Dislikes

Nothing in particular as such. Need little more support and coordination from Head Office. Need vendor approvals etc on time. Not got TA, but I am sure things will be sorted out. Overall a Wonderful Place to Work. Good work life balance too.

read more
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Muthoot Mercantile Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Muthoot Mercantile?
Assistant Manager salary at Muthoot Mercantile in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs for experience between 2 years to 6 years. According to our estimates it is 65% less than the average Assistant Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Mercantile India.
How does the salary of a Assistant Manager at Muthoot Mercantile India compare with the average salary range for this job?
The average salary of a Assistant Manager at Muthoot Mercantile is 65% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.
Which similar companies are paying more than Muthoot Mercantile to a Assistant Manager in India?
  • Edelweiss Assistant Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
  • CredAble Assistant Manager Salary - ₹7.1 Lakhs to ₹8.2 Lakhs per year
  • Wheels Emi Assistant Manager Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
  • Volkswagen Finance Assistant Manager Salary - ₹5.0 Lakhs to ₹8.1 Lakhs per year
  • L&T Finance Assistant Manager Salary - ₹2.2 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Muthoot Mercantile in India?
  • Anand Rathi Global Finance Assistant Manager Salary - ₹2.6 Lakhs to ₹8.0 Lakhs per year
  • Mahindra Finance Assistant Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
  • Poonawalla Finance Assistant Manager Salary - ₹4.2 Lakhs to ₹5.5 Lakhs per year
  • Bajaj Finance Assistant Manager Salary - ₹1.5 Lakhs to ₹8.5 Lakhs per year
  • Cholamandalam Investment & Finance Assistant Manager Salary - ₹1.6 Lakhs to ₹8.8 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Muthoot Mercantile in India?
The estimated take-home salary of a Assistant Manager at Muthoot Mercantile ranges between ₹20,760 per month to ₹22,412 per month in India. The take-home salary calculation is based on the average Muthoot Mercantile Assistant Manager salary in India which ranges between ₹2.3 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Muthoot Mercantile?
According to AmbitionBox, 29% of the Muthoot Mercantile Assistant Managers reported a notice period of 1 Month, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Muthoot Mercantile Assistant Manager salary in India ranges between ₹2.3 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Muthoot Mercantile latest salaries received from various employees of Muthoot Mercantile.