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Muthoot Mercantile Deputy Manager salaries in India (Updated 2025)

Annual salary range
1 - 7 years exp.
₹3 Lakhs - ₹4.1 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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63% less than the average Deputy Manager Salary in NBFC Companies for 1 - 7 years of experience

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Last Updated: 22 Feb 2025

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Deputy Manager salary at Muthoot Mercantile ranges between ₹3 Lakhs to ₹4.1 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Mercantile.

Latest annual salaries shared by Muthoot Mercantile Deputy Manager

2d ago
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7 years exp.
10mo ago
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7 years exp.
1y ago
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1 year exp.

Experience wise Muthoot Mercantile Deputy Manager salaries

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3.6 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Muthoot Mercantile

Branch Manager Salary
(89 salaries)
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₹2.15 L/yr - ₹5 L/yr
Area Manager Salary
(21 salaries)
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₹3.35 L/yr - ₹5 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
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₹6.5 L/yr - ₹8.3 L/yr
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₹2 L/yr - ₹2.5 L/yr
Business Development Manager Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Muthoot Mercantile

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

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

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 Deputy Manager Salary FAQs

What is the notice period for Deputy Manager at Muthoot Mercantile?
According to AmbitionBox, 67% of the Muthoot Mercantile Deputy Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Mercantile Deputy Manager salary in India ranges between ₹3 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Muthoot Mercantile latest salaries received from various employees of Muthoot Mercantile.