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Muthoot Microfin Assistant Manager salaries in India (Updated 2025)

Annual salary range
2 - 7 years exp.
₹1.9 Lakh - ₹5.5 Lakhs
Salary of majority employees
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55% less than the average Assistant Manager Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Manager Salary
2 - 6 years exp. (14 salaries)
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₹2.2 L/yr - ₹5.1 L/yr

Human Resources
Assistant Manager Salary
2 - 6 years exp. (12 salaries)
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₹2.8 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
2 - 4 years exp. (10 salaries)
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₹2 L/yr - ₹3.3 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
3 - 6 years exp. (5 salaries)
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₹2.4 L/yr - ₹3.7 L/yr

Administration & Facilities
Assistant Manager Salary
5 - 7 years exp. (5 salaries)
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₹2.6 L/yr - ₹3.8 L/yr

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Last Updated: 28 Feb 2025

Companies similar to Muthoot Microfin for Assistant Manager

Company name Avg Annual Salary Open Jobs
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Jana Small Finance Bank Assistant Manager Salary

0 - 10 years exp. (486 salaries)

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₹1.9 L/yr - ₹6.8 L/yr

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Svatantra Microfin Assistant Manager Salary

1 - 9 years exp. (42 salaries)

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₹2.1 L/yr - ₹9 L/yr

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Annapurna Finance Assistant Manager Salary

0 - 9 years exp. (164 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 3% less
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CreditAccess Grameen Assistant Manager Salary

1 - 9 years exp. (51 salaries)

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₹1.7 L/yr - ₹9 L/yr

arrow icon 49% more
1 job opening
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₹2.2 L/yr - ₹5.4 L/yr

arrow icon 5% more
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Bajaj Finance Assistant Manager Salary

0 - 13 years exp. (1.5k salaries)

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₹1.5 L/yr - ₹8.1 L/yr

arrow icon 27% more
340 job openings
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Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (740 salaries)

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₹1.5 L/yr - ₹5.7 L/yr

arrow icon 7% more
1 job opening
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IIFL Finance Assistant Manager Salary

0 - 11 years exp. (699 salaries)

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₹2.2 L/yr - ₹7 L/yr

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HDB Financial Services Assistant Manager Salary

1 - 13 years exp. (535 salaries)

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₹1.7 L/yr - ₹8 L/yr

arrow icon 19% more
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Manappuram Finance Assistant Manager Salary

0 - 7 years exp. (458 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 8% less
5 job openings
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (383 salaries)

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₹0.7 L/yr - ₹6 L/yr

arrow icon 4% more
2 job openings
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L&T Finance Assistant Manager Salary

1 - 9 years exp. (310 salaries)

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₹2.2 L/yr - ₹9.5 L/yr

arrow icon 52% more
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Home Credit Finance Assistant Manager Salary

2 - 14 years exp. (272 salaries)

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₹4.8 L/yr - ₹16 L/yr

arrow icon 154% more
15 job openings
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Mahindra Finance Assistant Manager Salary

4 - 11 years exp. (241 salaries)

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₹2.2 L/yr - ₹10 L/yr

arrow icon 39% more
1 job opening
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TVS Credit Assistant Manager Salary

1 - 11 years exp. (219 salaries)

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₹3 L/yr - ₹7.5 L/yr

arrow icon 38% more
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Assistant Manager salary at Muthoot Microfin ranges between ₹1.9 Lakh to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 69 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Assistant Manager

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7 years exp.
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5 years exp.
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6 years exp.
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5 years exp.
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6 years exp.

Experience wise Muthoot Microfin Assistant Manager salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
2 years  (9 salaries)

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₹2 L/yr - ₹4.6 L/yr
3 years  (10 salaries)

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₹1.9 L/yr - ₹6.5 L/yr
4 years  (16 salaries)

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₹2 L/yr - ₹4.5 L/yr
5 years  (17 salaries)

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₹2.4 L/yr - ₹5 L/yr
6 years  (13 salaries)

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₹2.6 L/yr - ₹5.5 L/yr
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Similar Designation salaries in Muthoot Microfin

Assistant Manager O&M Salary
(AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr
Assistant Store Manager Salary
(AmbitionBox Estimate)
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₹1.6 L/yr - ₹2.1 L/yr
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₹1.9 L/yr - ₹3.1 L/yr
Operations Manager Salary
(AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr
Team Manager Salary
(AmbitionBox Estimate)
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₹2.8 L/yr - ₹3.6 L/yr
Branch Manager Salary
(116 salaries)
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₹2 L/yr - ₹4.62 L/yr
Deputy Manager Salary
(32 salaries)
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₹3 L/yr - ₹7.88 L/yr
Sales Manager Salary
(6 salaries)
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₹1.84 L/yr - ₹3.19 L/yr
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₹1.2 L/yr - ₹2.43 L/yr
Senior Officer Salary
(24 salaries)
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₹2 L/yr - ₹4.32 L/yr

Top skills at Muthoot Microfin for Assistant Manager

Bulk Hiring Recruitment Talent Acquisition HR Exit Interviews

Salary related reviews for Muthoot Microfin

3.6

Rated by 14 employees for salary & benefits

Full Time

 · 

Human Resources Department

5.0
  •  posted on 12 Sep 2023

5.0
 for  Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

read more
  • Salary - Excellent
  • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 29 Dec 2024

4.0
 for  Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

read more
  • Salary - Good
  • +3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

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  • Work satisfaction - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 21 Jun 2023

1.0
 for  Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

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Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

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  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Dec 2022

1.0
 for  Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

  • Job security - Good
  • +2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

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  • Salary - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Feb 2023

3.0
 for  Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

  • Skill development - Good
  • +2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

read more
  • Promotions - Bad
see more salary related reviews

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Muthoot Microfin Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Muthoot Microfin?
Assistant Manager salary at Muthoot Microfin in India ranges between ₹1.9 Lakhs to ₹5.5 Lakhs for experience between 2 years to 7 years. According to our estimates it is 55% less than the average Assistant Manager Salary in India. Salary estimates are based on 69 latest salaries received from various employees of Muthoot Microfin India.
How does the salary of a Assistant Manager at Muthoot Microfin India compare with the average salary range for this job?
The average salary of a Assistant Manager at Muthoot Microfin is 55% less than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Assistant Manager at Muthoot Microfin?
Bulk Hiring, Recruitment, Talent Acquisition, HR and Exit Interviews are some of the popular skills required to work as a Assistant Manager at Muthoot Microfin India.
Which similar companies are paying more than Muthoot Microfin to a Assistant Manager in India?
  • Home Credit Finance Assistant Manager Salary - ₹4.8 Lakhs to ₹16.0 Lakhs per year
  • SMFG India Credit Assistant Manager Salary - ₹2.0 Lakhs to ₹11.0 Lakhs per year
  • Bharat Financial Inclusion Assistant Manager Salary - ₹1.6 Lakhs to ₹8.3 Lakhs per year
  • L&T Finance Assistant Manager Salary - ₹2.2 Lakhs to ₹9.5 Lakhs per year
  • CreditAccess Grameen Assistant Manager Salary - ₹1.7 Lakhs to ₹9.0 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Muthoot Microfin in India?
  • Arohan Financial Services Assistant Manager Salary - ₹2.2 Lakhs to ₹8.0 Lakhs per year
  • Aditya Birla Finance Assistant Manager Salary - ₹3.4 Lakhs to ₹9.5 Lakhs per year
  • Mahindra Finance Assistant Manager Salary - ₹2.2 Lakhs to ₹10.0 Lakhs per year
  • TVS Credit Assistant Manager Salary - ₹3.0 Lakhs to ₹7.5 Lakhs per year
  • Fusion Microfinance Assistant Manager Salary - ₹1.8 Lakhs to ₹7.2 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Muthoot Microfin in India?
The estimated take-home salary of a Assistant Manager at Muthoot Microfin ranges between ₹27,732 per month to ₹29,130 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Assistant Manager salary in India which ranges between ₹1.9 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Muthoot Microfin?
According to AmbitionBox, 62% of the Muthoot Microfin Assistant Managers reported a notice period of 3 Months, 14% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 55 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Microfin Assistant Manager salary in India ranges between ₹1.9 Lakh to ₹5.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 69 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.