Muthoot Money Deputy Manager Salaries by 6 Employees

8 - 12 years exp.

₹5.3 Lakhs - ₹9 Lakhs

Salary of majority employees

Fixed (92%)

₹6.7 Lakhs

Variable (8%)

₹0.6 Lakh

25% less than the average Deputy Manager Salary in Financial Services Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 9 - 12 years exp. (3 salaries)	₹7.2 L/yr - ₹9 L/yr
Finance & Accounting Deputy Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹7.1 L/yr - ₹8.5 L/yr
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Sales & Business Development Deputy Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.3 L/yr - ₹7.1 L/yr

Last Updated: 4 Apr 2024

Companies similar to Muthoot Money for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Karvy Financial Services Deputy Manager Salary 3 - 17 years exp. (21 salaries)	₹3.8 L/yr - ₹10 L/yr 14% less
Axis Sales Deputy Manager Salary 1 - 5 years exp. (18 salaries)	₹2.7 L/yr - ₹6 L/yr 42% less
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Choice Equity Broking Deputy Manager Salary 0 - 7 years exp. (13 salaries)	₹2.3 L/yr - ₹6 L/yr 47% less
Luker Electric Technologies Deputy Manager Salary 5 - 14 years exp. (10 salaries)	₹7.5 L/yr - ₹12.4 L/yr 43% more
Fortune Integrated Assets Finance Deputy Manager Salary 3 - 14 years exp. (8 salaries)	₹4 L/yr - ₹7 L/yr 35% less
Daewoong Pharmaceutical Deputy Manager Salary 6 - 10 years exp. (6 salaries)	₹8.5 L/yr - ₹9.5 L/yr 25% more
Armstrong International Deputy Manager Salary 12 - 15 years exp. (5 salaries)	₹6 L/yr - ₹8.4 L/yr 10% more
Daimler Financial Services Deputy Manager Salary 6 - 9 years exp. (4 salaries)	₹7.4 L/yr - ₹9 L/yr 22% more
Chemmanur Credits and Investments Deputy Manager Salary 3 - 8 years exp. (3 salaries)	₹2.8 L/yr - ₹4.8 L/yr 46% less
Quatrro Mortgage Solutions Deputy Manager Salary 11 - 13 years exp. (3 salaries)	₹9.5 L/yr - ₹11.8 L/yr 40% more

Deputy Manager salary at Muthoot Money ranges between ₹5.3 Lakhs to ₹9 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Money.

Experience wise Muthoot Money Deputy Manager salaries

Last Updated: 4 Apr 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
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10 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

Similar Designation salaries in Muthoot Money

Branch Manager Salary

(10 salaries)

₹3.1 L/yr - ₹6 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹7.3 L/yr - ₹9.3 L/yr

Cluster Manager Salary

(5 salaries)

₹9.45 L/yr - ₹12 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Relationship Manager Salary

(6 salaries)

₹2.5 L/yr - ₹3.4 L/yr

Team Lead Salary

(3 salaries)

₹3 L/yr - ₹8.6 L/yr

Operations Executive Salary

(30 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Money

Sales Manager in Kancheepuram

Full Time

Finance & Accounting Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Carriers Spoil this company last 3month Future spoil in company not sitting in office. Waste of reporting manager

Dislikes

EMPOLYEE not safety and salary issue. reporting manager Communication Nil not supported. . Wrost of company totally waste of company

Salary - Bad

+6 more

Operations in Hyderabad / Secunderabad

Operations Department

1.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

HR policy very worst, offer letter and take home completely different ex. package,is 2.5lkahs,but we get just 2.2 lakhs waste company.

Work-life balance - Excellent

Dislikes

No Growth, we Technology software not there complete manual process, everyone HOD feel like MD.

Salary - Bad

+5 more

Cluster Manager-Banking Operations in Vijayawada

Full Time

Marketing & Communication Department

2.0

• posted on 18 Jan 2022

1.0

for Salary and Benefits

Likes

There is no job security, In carona first phase 120 employees jobs as taken suddenly, And remaining employees paid May salary and not paid April20 salary, Even in second wave may21 month paid 60% salary

Dislikes

Even carona situatuons, Thumb is manadatory for attendance and cant respect emoloyees, Cant pay salaries and conveyances properly

Salary - Bad

+6 more

Assistant Manager O&M in Madurai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 21 Jan 2025

2.0

for Salary and Benefits

Likes

Work culture and my supervisor are very good handling.

Dislikes

Once you can properly reliving this company.then you can't get received from settlement and not properly Reliving letter and experience letter also. HR department are very slow and not responding by any messages .

Salary - Poor

+6 more

HR Executive Recruiter in Hyderabad / Secunderabad

Full Time

Human Resources Department

1.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing

Job security - Good

Dislikes

I don't like anything in muthoot, they treat their employees like a slave, there is no respect at all. And your openion is not considered for any change of management. Boss culture is there.

Skill development - Bad

+4 more

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Money Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Muthoot Money ?

The average salary of a Deputy Manager at Muthoot Money in India typically ranges from ₹5.3 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 8 years to 12 years).

The top 10% of Deputy Manager at Muthoot Money earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Deputy Manager Salaries at Muthoot Money 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 6 Muthoot Money employees in India.

What is the estimated take home salary of a Deputy Manager at Muthoot Money in India?

The estimated take-home salary of a Deputy Manager at Muthoot Money in India typically ranges from ₹54,310 to ₹55,666 per month. This is based on the average salary range of ₹5.3 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 8 years to 12 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 6 salaries received from various employees of Muthoot Money. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Money for Deputy Manager in India?

Luker Electric Technologies	₹7.5 Lakhs to ₹12.4 Lakhs per year
Quatrro Mortgage Solutions	₹9.5 Lakhs to ₹11.8 Lakhs per year
Daewoong Pharmaceutical	₹8.5 Lakhs to ₹9.5 Lakhs per year
Daimler Financial Services	₹7.4 Lakhs to ₹9.0 Lakhs per year
Armstrong International	₹6.0 Lakhs to ₹8.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Money, depending on the role and experience level.

What is the salary of a Deputy Manager in companies similar to Muthoot Money in India?

The salary of a Deputy Manager at companies similar to Muthoot Money in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karvy Financial Services	₹3.8 Lakhs to ₹10.0 Lakhs per year
Fortune Integrated Assets Finance	₹4.0 Lakhs to ₹7.0 Lakhs per year
Axis Sales	₹2.7 Lakhs to ₹6.0 Lakhs per year
Chemmanur Credits and Investments	₹2.8 Lakhs to ₹4.8 Lakhs per year
Choice Equity Broking	₹2.3 Lakhs to ₹6.0 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 Deputy Manager at Muthoot Money in India?

The salary growth for a Deputy Manager at Muthoot Money depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Muthoot Money:

Experience	Average Salary Range
8 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
9 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
10 years	₹6.7 Lakhs to ₹8.5 Lakhs per year
11 years	₹6.9 Lakhs to ₹8.8 Lakhs per year

and so on.

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Muthoot Money Deputy Manager Salaries

Muthoot Money Deputy Manager salary in India ranges between ₹5.3 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Money latest salaries received from various employees of Muthoot Money.