Muthoot Microfin Assistant Manager Operations Salaries by 5 Employees (Updated 2025)

1 - 10 years exp.

₹2.2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Assistant Manager Operations Salary in NBFC Companies for 1 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Operations Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr
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Customer Success, Service & Operations Assistant Manager Operations Salary 10 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 31 Jan 2024

Companies similar to Muthoot Microfin for Assistant Manager Operations

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Assistant Manager Operations Salary 3 - 13 years exp. (3 salaries)	₹2.6 L/yr - ₹7.5 L/yr 66% more
Satin Creditcare Network Assistant Manager Operations Salary 2 - 9 years exp. (11 salaries)	₹3.4 L/yr - ₹4.8 L/yr 23% more
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Spandana Sphoorty Financial Assistant Manager Operations Salary 1 - 2 years exp. (4 salaries)	₹3 L/yr - ₹4.8 L/yr 16% more
Equitas Small Finance Bank Assistant Manager Operations Salary 2 - 10 years exp. (34 salaries)	₹2.5 L/yr - ₹5.5 L/yr 8% more
Jana Small Finance Bank Assistant Manager Operations Salary 2 - 11 years exp. (29 salaries)	₹2.2 L/yr - ₹5.5 L/yr 14% more
Annapurna Finance Assistant Manager Operations Salary 3 - 8 years exp. (6 salaries)	₹2.4 L/yr - ₹3.8 L/yr 16% less
CreditAccess Grameen Assistant Manager Operations Salary 2 - 5 years exp. (5 salaries)	₹2.4 L/yr - ₹2.9 L/yr 21% less
Utkarsh Small Finance Bank Assistant Manager Operations Salary 0 - 8 years exp. (44 salaries)	₹2.4 L/yr - ₹4.8 L/yr 1% more
Muthoot Finance Assistant Manager Operations Salary 1 - 8 years exp. (115 salaries)	₹2 L/yr - ₹4.6 L/yr 2% more
Bajaj Finance Assistant Manager Operations Salary 1 - 6 years exp. (60 salaries)	₹2.3 L/yr - ₹5.4 L/yr 23% more
HDB Financial Services Assistant Manager Operations Salary 2 - 11 years exp. (28 salaries)	₹1.8 L/yr - ₹4 L/yr 25% less
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Mahindra Finance Assistant Manager Operations Salary 1 - 8 years exp. (21 salaries)	₹2.6 L/yr - ₹6.6 L/yr 33% more
IDFC FIRST Bharat Assistant Manager Operations Salary 2 - 8 years exp. (16 salaries)	₹2.5 L/yr - ₹6 L/yr 4% more
Shriram Finance Assistant Manager Operations Salary 1 - 12 years exp. (14 salaries)	₹2.5 L/yr - ₹4.3 L/yr 6% less
IIFL Finance Assistant Manager Operations Salary 4 - 13 years exp. (13 salaries)	₹3.2 L/yr - ₹4.8 L/yr 16% more
Home Credit Finance Assistant Manager Operations Salary 4 - 12 years exp. (13 salaries)	₹4.1 L/yr - ₹9.1 L/yr 82% more
Aditya Birla Finance Assistant Manager Operations Salary 3 - 17 years exp. (12 salaries)	₹4.8 L/yr - ₹9 L/yr 117% more
Manappuram Finance Assistant Manager Operations Salary 1 - 10 years exp. (11 salaries)	₹1.8 L/yr - ₹4.3 L/yr 15% less
L&T Finance Assistant Manager Operations Salary 5 - 10 years exp. (9 salaries)	₹4.1 L/yr - ₹6.9 L/yr 68% more
TVS Credit Assistant Manager Operations Salary 4 - 9 years exp. (7 salaries)	₹3.8 L/yr - ₹5.8 L/yr 38% more

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Assistant Manager Operations salary at Muthoot Microfin ranges between ₹2.2 Lakhs to ₹6 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Assistant Manager Operations salaries

Last Updated: 31 Jan 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.2 L/yr
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
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3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.6 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.5 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.1 L/yr
8 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr

View all

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Salary related reviews for Muthoot Microfin

Relationship Officer (working remotely)

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

Promotions - Bad

Relationship Officer in Aluva

Operations Department

4.0

• posted on 21 May 2022

3.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent.company policies are better and also the salary package is good.

Skill development - Good

+4 more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

Relationship Officer in Kundapura

Other Department

5.0

• posted on 19 Apr 2021

3.0

for Salary and Benefits

Likes

Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is bond of 3years before which cannot resign

Relationship Officer in Nimbahera

BFSI, Investments & Trading Department

1.0

• posted on 08 Aug 2021

1.0

for Salary and Benefits

Likes

I don't like anything

Company culture - Excellent

Dislikes

Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

Salary - Bad

+4 more

Manager in Sangli

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.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

see more salary related reviews

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Muthoot Microfin Assistant Manager Operations Salary FAQs

What is the salary of Assistant Manager Operations at Muthoot Microfin?

Assistant Manager Operations salary at Muthoot Microfin in India ranges between ₹2.2 Lakhs to ₹6.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 50% less than the average Assistant Manager Operations Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin India.

How does the salary of a Assistant Manager Operations at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a Assistant Manager Operations at Muthoot Microfin is 50% less than the average salary of a Assistant Manager Operations in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Microfin to a Assistant Manager Operations in India?

Aditya Birla Finance Assistant Manager Operations Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
Home Credit Finance Assistant Manager Operations Salary - ₹4.1 Lakhs to ₹9.1 Lakhs per year
SMFG India Credit Assistant Manager Operations Salary - ₹4.5 Lakhs to ₹8.0 Lakhs per year
Arohan Financial Services Assistant Manager Operations Salary - ₹4.8 Lakhs to ₹6.7 Lakhs per year
L&T Finance Assistant Manager Operations Salary - ₹4.1 Lakhs to ₹6.9 Lakhs per year

What is the salary of a Assistant Manager Operations in companies similar to Muthoot Microfin in India?

Ujjivan Financial Services Assistant Manager Operations Salary - ₹2.6 Lakhs to ₹7.5 Lakhs per year
TVS Credit Assistant Manager Operations Salary - ₹3.8 Lakhs to ₹5.8 Lakhs per year
Mahindra Finance Assistant Manager Operations Salary - ₹2.6 Lakhs to ₹6.6 Lakhs per year
Fusion Microfinance Assistant Manager Operations Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
Satin Creditcare Network Assistant Manager Operations Salary - ₹3.4 Lakhs to ₹4.8 Lakhs per year

What is the estimated take home salary of a Assistant Manager Operations at Muthoot Microfin in India?

The estimated take-home salary of a Assistant Manager Operations at Muthoot Microfin ranges between ₹24,891 per month to ₹26,332 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Assistant Manager Operations salary in India which ranges between ₹2.2 Lakhs to ₹6.0 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager Operations at Muthoot Microfin?

According to AmbitionBox, 50% of the Muthoot Microfin Assistant Manager Operationss reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Assistant Manager Operations Salaries

Muthoot Microfin Assistant Manager Operations salary in India ranges between ₹2.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.