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Muthoot Fincorp State Legal Manager salaries in India (Updated 2025)

Annual salary range
4 - 11 years exp.
₹7 Lakhs - ₹10 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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State Legal Manager Salary at Muthoot Fincorp ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 9 latest salaries received... Read more

9% less than the average State Legal Manager Salary in NBFC Companies for 4 - 11 years of experience

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Last Updated: 19 Apr 2025

Companies similar to Muthoot Fincorp for State Legal Manager

Company name Avg Annual Salary Open Jobs
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Mahindra Finance State Legal Manager Salary

4 - 15 years exp. (10 salaries)

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₹5.9 L/yr - ₹14.5 L/yr

arrow icon 13% more
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₹5.9 L/yr - ₹10.8 L/yr

arrow icon 14% more
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SMFG India Credit State Legal Manager Salary

4 - 9 years exp. (3 salaries)

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₹7 L/yr - ₹12.5 L/yr

arrow icon 3% less
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IndusInd Bank State Legal Manager Salary

6 - 16 years exp. (13 salaries)

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₹9.1 L/yr - ₹14 L/yr

arrow icon 41% more
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₹5 L/yr - ₹7.9 L/yr

arrow icon 19% less

Latest annual salaries shared by Muthoot Fincorp State Legal Manager

3mo ago
₹8.5 Lakhs
4 years exp.
5mo ago
₹10 Lakhs
6 years exp.
6mo ago
₹8.5 Lakhs
11 years exp.
9mo ago
₹8.5 Lakhs
10 years exp.

Muthoot Fincorp State Legal Manager salaries by

Years of experience Avg. annual salary
4 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr
5 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.9 L/yr
7 years (AmbitionBox Estimate)

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₹7.7 L/yr - ₹9.9 L/yr
8 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹9.9 L/yr
View all salaries by experience

Similar Designation Salaries at Muthoot Fincorp

Similar Designation Avg. annual salary
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₹3.5 L/yr - ₹5.7 L/yr

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₹5.5 L/yr - ₹9.2 L/yr

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₹3.2 L/yr - ₹7.9 L/yr

Legal Officer Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Legal Head Salary
(AmbitionBox Estimate)
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₹80.3 L/yr - ₹88.7 L/yr

Legal Advisor Salary
(AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr

Legal Associate Salary
(AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

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₹2.8 L/yr - ₹4.2 L/yr

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₹1.8 L/yr - ₹4 L/yr

Legal Assistant Salary
(AmbitionBox Estimate)
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₹2.9 L/yr - ₹3.7 L/yr

View more similar designations

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Salary related reviews for Muthoot Fincorp

3.0

Rated by 5 employees for salary & benefits

Legal & Regulatory Department

3.0
  •  updated on 22 May 2025

3.0
 for  Salary and Benefits

Likes

The colleagues are very supportive in regional office level.

Dislikes

.... Although variable pay is included in the CTC, it is often not actually paid; the overall CTC i...

read more

Legal & Regulatory Department

3.0
  •  updated on 11 Feb 2025

2.0
 for  Salary and Benefits

Likes

Job security

Dislikes

No support or respect for support verticles. Salary will be the lowest as per the market standard o...

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Customer Success, Service & Operations Department

3.0
  •  updated on 10 Jul 2025

1.0
 for  Salary and Benefits

Likes

Safety and security

Dislikes

Not employee friendly. Giving high pressure on CSE . The CSE job at Muthoot is highly multitasking...

read more

Customer Success, Service & Operations Department

3.0
  •  updated on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

Dislikes

.... However, I wish to highlight a concern regarding the disparity in salary increments and promot...

read more

Customer Success, Service & Operations Department

4.0
  •  updated on 30 Dec 2024

3.0
 for  Salary and Benefits

Likes

Working timing is good, and salary is always come on time....

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Dislikes

In this company salary increment is done according to the outstanding of the branch, so the new sta...

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see more salary related reviews

Muthoot Fincorp State Legal Manager Salary FAQs

What is the salary of State Legal Manager at Muthoot Fincorp ?
The average salary of a State Legal Manager at Muthoot Fincorp in India typically ranges from ₹7.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of State Legal Manager at Muthoot Fincorp earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. State Legal Manager Salaries at Muthoot Fincorp 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 9 Muthoot Fincorp employees in India.
What is the estimated take home salary of a State Legal Manager at Muthoot Fincorp in India?
The estimated take-home salary of a State Legal Manager at Muthoot Fincorp in India typically ranges from ₹63,001 to ₹64,603 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from 4 years to 11 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 9 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a State Legal Manager at Muthoot Fincorp ?
To be a State Legal Manager at Muthoot Fincorp in india, the key skills required include:

  • - Risk Management
  • - Compliance
  • - Due Diligence
  • - Litigation
  • - MIS

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for State Legal Manager in India?
IndusInd Bank ₹9.1 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Prime ₹5.9 Lakhs to ₹10.8 Lakhs per year
Mahindra Finance ₹5.9 Lakhs to ₹14.5 Lakhs per year

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

SMFG India Credit ₹7.0 Lakhs to ₹12.5 Lakhs per year
Kotak Mahindra Bank ₹5.0 Lakhs to ₹7.9 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 State Legal Manager at Muthoot Fincorp in India?
The salary growth for a State Legal Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a State Legal Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
4 years ₹7.7 Lakhs to ₹9.8 Lakhs per year
5 years ₹7.7 Lakhs to ₹9.8 Lakhs per year
6 years ₹7.7 Lakhs to ₹9.9 Lakhs per year
7 years ₹7.7 Lakhs to ₹9.9 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Fincorp State Legal Manager salary in India ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.