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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
Avg. annual salary
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Monthly In-hand Salary

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56% 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

View all

Last Updated: 8 Mar 2025

Companies similar to Muthoot Microfin for Assistant Manager

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

0 - 11 years exp. (1.4k salaries)

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₹1.2 L/yr - ₹8 L/yr

arrow icon 23% more
544 job openings
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IIFL Finance Assistant Manager Salary

0 - 11 years exp. (698 salaries)

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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 1% more
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Muthoot Finance Assistant Manager Salary

0 - 10 years exp. (681 salaries)

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₹1.5 L/yr - ₹5.7 L/yr

arrow icon 8% more
1 job opening
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HDB Financial Services Assistant Manager Salary

1 - 13 years exp. (537 salaries)

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₹1.7 L/yr - ₹7.8 L/yr

arrow icon 19% more
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Shriram Finance Assistant Manager Salary

0 - 15 years exp. (510 salaries)

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₹1.6 L/yr - ₹6 L/yr

arrow icon 1% more
2 job openings
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Manappuram Finance Assistant Manager Salary

0 - 7 years exp. (400 salaries)

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₹1 L/yr - ₹6.5 L/yr

arrow icon 7% less
5 job openings
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L&T Finance Assistant Manager Salary

1 - 10 years exp. (306 salaries)

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₹2 L/yr - ₹10 L/yr

arrow icon 52% more
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Home Credit Finance Assistant Manager Salary

2 - 13 years exp. (265 salaries)

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₹4.5 L/yr - ₹16 L/yr

arrow icon 150% more
1 job opening
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TVS Credit Assistant Manager Salary

1 - 11 years exp. (231 salaries)

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₹3 L/yr - ₹8.5 L/yr

arrow icon 40% more
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Mahindra Finance Assistant Manager Salary

4 - 10 years exp. (194 salaries)

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₹2.2 L/yr - ₹9.7 L/yr

arrow icon 41% more
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SMFG India Credit Assistant Manager Salary

1 - 10 years exp. (209 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 80% more
1 job opening
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IIFL SAMASTA Assistant Manager Salary

1 - 10 years exp. (169 salaries)

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₹2.5 L/yr - ₹6.8 L/yr

arrow icon 26% more
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Annapurna Finance Assistant Manager Salary

0 - 8 years exp. (163 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 3% less
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₹2.2 L/yr - ₹6.6 L/yr

arrow icon 14% more
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₹2 L/yr - ₹8.3 L/yr

arrow icon 61% more
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Muthoot Fincorp Assistant Manager Salary

0 - 11 years exp. (125 salaries)

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₹1.3 L/yr - ₹5 L/yr

arrow icon 6% less
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Asirvad Microfinance Assistant Manager Salary

0 - 6 years exp. (112 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 19% less
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Fusion Microfinance Assistant Manager Salary

3 - 11 years exp. (97 salaries)

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₹1.8 L/yr - ₹8 L/yr

arrow icon 39% more
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Tata Motors Finance Assistant Manager Salary

1 - 13 years exp. (89 salaries)

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₹1.9 L/yr - ₹8 L/yr

arrow icon 21% more
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₹2.3 L/yr - ₹7.2 L/yr

arrow icon 14% more
View all
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 67 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Assistant Manager

6d ago
₹5 Lakhs
6 years exp.
2w ago
₹5.5 Lakhs
7 years exp.
1mo ago
₹3.4 Lakhs
5 years exp.
1mo ago
₹4 Lakhs
6 years exp.
2mo ago
₹4.5 Lakhs
5 years exp.
2mo ago
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6 years exp.
4mo ago
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5 years exp.
5mo ago
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6 years exp.
6mo ago
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6 years exp.
7mo ago
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6 years exp.

Experience wise Muthoot Microfin Assistant Manager salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
2 years  (9 salaries)

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₹2 L/yr - ₹4.6 L/yr
3 years  (9 salaries)

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₹1.9 L/yr - ₹6.5 L/yr
4 years  (15 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
View all

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
(108 salaries)
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₹2 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(35 salaries)
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₹2.9 L/yr - ₹6 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

3.8

Rated by 15 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

read more
  • 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.

read more
  • 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 ?
The average salary of a Assistant Manager at Muthoot Microfin in India typically ranges from ₹1.9 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Assistant Manager at Muthoot Microfin earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Assistant Manager Salaries at Muthoot Microfin 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 60+ Muthoot Microfin employees in India.
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 in India typically ranges from ₹27,629 to ₹29,028 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 2 years to 7 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 60+ salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at Muthoot Microfin ?
To be a Assistant Manager at Muthoot Microfin in india, the key skills required include:

  • - Bulk Hiring
  • - Recruitment
  • - Talent Acquisition
  • - HR
  • - Exit Interviews

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Microfin for Assistant Manager in India?
Home Credit Finance ₹4.5 Lakhs to ₹16.0 Lakhs per year
SMFG India Credit ₹2.0 Lakhs to ₹12.0 Lakhs per year
Bharat Financial Inclusion ₹2.0 Lakhs to ₹8.3 Lakhs per year
CreditAccess Grameen ₹1.7 Lakhs to ₹9.5 Lakhs per year
L&T Finance ₹2.0 Lakhs to ₹10.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Microfin, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to Muthoot Microfin in India?
The salary of a Assistant Manager at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Arohan Financial Services ₹2.2 Lakhs to ₹8.0 Lakhs per year
Mahindra Finance ₹2.2 Lakhs to ₹9.7 Lakhs per year
TVS Credit ₹3.0 Lakhs to ₹8.5 Lakhs per year
Fusion Microfinance ₹1.8 Lakhs to ₹8.0 Lakhs per year
Aditya Birla Finance ₹3.4 Lakhs to ₹9.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Assistant Manager at Muthoot Microfin in India?
The salary growth for a Assistant Manager at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
2 years ₹2.0 Lakhs to ₹4.6 Lakhs per year
3 years ₹1.9 Lakhs to ₹6.5 Lakhs per year
4 years ₹2.0 Lakhs to ₹4.5 Lakhs per year
5 years ₹2.4 Lakhs to ₹5.0 Lakhs per year
and so on.

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 67 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.