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Muthoot Mercantile Assistant Manager- HR salaries in India (Updated 2025)

Annual salary range
0 - 15 years exp.
₹2 Lakhs - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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53% less than the average Assistant Manager- HR Salary in NBFC Companies for 0 - 15 years of experience

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Salaries in different departments

Human Resources
Assistant Manager- HR Salary
0 - 6 years exp. (8 salaries)
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₹2 L/yr - ₹3.8 L/yr

Finance & Accounting
Assistant Manager- HR Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.5 L/yr

Last Updated: 2 Apr 2025

Companies similar to Muthoot Mercantile for Assistant Manager- HR

Company name Avg Annual Salary Open Jobs
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Sewa Grih Rin Assistant Manager- HR Salary

0 - 11 years exp. (7 salaries)

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₹5.3 L/yr - ₹6 L/yr

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Wheels Emi Assistant Manager- HR Salary

5 - 9 years exp. (5 salaries)

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₹6.6 L/yr - ₹8 L/yr

arrow icon 109% more
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₹4.8 L/yr - ₹5.7 L/yr

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HBL Global Assistant Manager- HR Salary

6 - 9 years exp. (5 salaries)

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₹5 L/yr - ₹5.5 L/yr

arrow icon 57% more
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Wipro Assistant Manager- HR Salary

1 - 11 years exp. (199 salaries)

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₹5.3 L/yr - ₹19.8 L/yr

arrow icon 244% more
Assistant Manager- HR salary at Muthoot Mercantile ranges between ₹2 Lakhs to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 10 latest salaries received from various employees of Muthoot Mercantile.

Latest annual salaries shared by Muthoot Mercantile Assistant Manager- HR

2d ago
₹3 Lakhs
3 years exp.
1mo ago
₹4.5 Lakhs
15 years exp.
3mo ago
₹3 Lakhs
6 years exp.
4mo ago
₹4.5 Lakhs
14 years exp.
7mo ago
₹2.6 Lakhs
5 months exp.

Experience wise Muthoot Mercantile Assistant Manager- HR salaries

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
1 year (AmbitionBox Estimate)

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₹2.6 L/yr - ₹3.3 L/yr
2 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr
View all

Similar Designation salaries in Muthoot Mercantile

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₹2.65 L/yr - ₹4.1 L/yr
HR Executive Salary
(4 salaries)
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₹1.8 L/yr - ₹2.2 L/yr
HR Manager Salary
(4 salaries)
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₹5 L/yr - ₹8 L/yr
HR Payroll Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
Administration Executive Salary
(AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr
HR Recruiter Salary
(AmbitionBox Estimate)
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₹5 L/yr - ₹6.3 L/yr

Salary related reviews for Muthoot Mercantile

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Bad
  • +6 more

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 .

read more
  • Salary - Bad
  • +6 more

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 .

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Good
  • +6 more

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- HR Salary FAQs

What is the salary of Assistant Manager- HR at Muthoot Mercantile ?
The average salary of a Assistant Manager- HR at Muthoot Mercantile in India typically ranges from ₹2.0 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Assistant Manager- HR at Muthoot Mercantile earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Manager- HR Salaries at Muthoot Mercantile 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 10 Muthoot Mercantile employees in India.
What is the estimated take home salary of a Assistant Manager- HR at Muthoot Mercantile in India?
The estimated take-home salary of a Assistant Manager- HR at Muthoot Mercantile in India typically ranges from ₹24,818 to ₹26,260 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 15 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 10 salaries received from various employees of Muthoot Mercantile. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Muthoot Mercantile for Assistant Manager- HR in India?
Wipro ₹5.3 Lakhs to ₹19.8 Lakhs per year
Wheels Emi ₹6.6 Lakhs to ₹8.0 Lakhs per year
Sewa Grih Rin ₹5.3 Lakhs to ₹6.0 Lakhs per year
Anand Rathi Global Finance ₹4.8 Lakhs to ₹5.7 Lakhs per year
HBL Global ₹5.0 Lakhs to ₹5.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Mercantile, depending on the role and experience level.
How the salary growth look like for a Assistant Manager- HR at Muthoot Mercantile in India?
The salary growth for a Assistant Manager- HR at Muthoot Mercantile depends on factors such as experience, performance, and promotions. On average, a Assistant Manager- HR can expect the following growth trajectory at Muthoot Mercantile:

Experience Average Salary Range
Fresher ₹2.6 Lakhs to ₹3.3 Lakhs per year
1 year ₹2.6 Lakhs to ₹3.3 Lakhs per year
2 years ₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years ₹2.8 Lakhs to ₹3.5 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Mercantile Assistant Manager- HR salary in India ranges between ₹2 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Muthoot Mercantile latest salaries received from various employees of Muthoot Mercantile.