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4.1

based on 517 Reviews

HQ - Ernakulam, Kerala, India Financial Services 5k-10k Employees (India) NBFC
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#11 Best Mid-Sized Company - 2022

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#3 Best Mid-Sized Financial Services Company - 2022

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Muthoot Microfin Salaries in India

based on 1.8k latest salaries

3.8

Rated by 517 Employees for salary and benefits

Top Departments at Muthoot Microfin
Designation Average Salary
Yearly arrow-down

Relationship Officer

Experience: 0 - 5 yrs (170 Salaries)
₹ 2,32,835/year

(₹1.0L/yr - ₹3.2L/yr)

Credit Officer

Experience: 0 - 6 yrs (119 Salaries)
₹ 1,92,578/year

(₹1.1L/yr - ₹2.9L/yr)

Branch Manager

Experience: 1 - 8 yrs (85 Salaries)
₹ 3,27,859/year

(₹1.8L/yr - ₹5.0L/yr)

Internal Auditor

Experience: 0 - 5 yrs (81 Salaries)
₹ 2,55,978/year

(₹1.9L/yr - ₹3.2L/yr)

Branch Relationship Manager

Experience: 3 - 7 yrs (48 Salaries)
₹ 3,16,833/year

(₹2.0L/yr - ₹4.0L/yr)

Area Manager

Experience: 4 - 11 yrs (41 Salaries)
₹ 3,31,170/year

(₹2.2L/yr - ₹4.3L/yr)

Divisional Manager

Experience: 4 - 10 yrs (40 Salaries)
₹ 5,01,524/year

(₹3.1L/yr - ₹7.0L/yr)

Area Credit Manager

Experience: 0 - 7 yrs (32 Salaries)
₹ 2,68,460/year

(₹2.0L/yr - ₹3.3L/yr)

Senior Officer

Experience: 1 - 7 yrs (26 Salaries)
₹ 3,02,481/year

(₹2.0L/yr - ₹3.9L/yr)

Regional Manager

Experience: 8 - 15 yrs (25 Salaries)
₹ 6,31,963/year

(₹4.1L/yr - ₹9.0L/yr)

Last Updated: 2 Oct, 2023

Muthoot Microfin Salary FAQs

How much does Muthoot Microfin pay per year?
The average Muthoot Microfin salary ranges from approximately ₹0.8 Lakhs per year for a Finance Officer to ₹18.3 Lakhs per year for a Associate Vice President. Salary estimates are based on 1.8k Muthoot Microfin salaries received from various employees of Muthoot Microfin. Muthoot Microfin employees rate the overall salary and benefits package 3.8/5 stars.
What is the highest salary in Muthoot Microfin?
The highest-paying job at Muthoot Microfin is a Associate Vice President with a salary of ₹18.3 Lakhs per year. The top 10% of employees earn more than ₹6.50 lakhs per year. The top 1% earn more than a whopping ₹33.86 lakhs per year.
What is the minimum salary in Muthoot Microfin?
Minimum salary at Muthoot Microfin depends on the role you are applying for. For Credit Officer the minimum salary is ₹1.9 Lakhs per year, for Relationship Officer the minimum salary is ₹2.3 Lakhs per year and so on.
What is the salary package for freshers in Muthoot Microfin?
The average salary at Muthoot Microfin for freshers varies from ₹1.7 Lakhs per year for Micro Finance Officer to ₹2.6 Lakhs per year for Internal Auditor. View Fresher Salaries at Muthoot Microfin
What is the notice period at Muthoot Microfin?
According to AmbitionBox, 51% of the Muthoot Microfin employees reported a notice period of 3 Months, 19% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.5k responses on AmbitionBox in last 2 years.

Reviews which talk about salary at Muthoot Microfin

Senior Relationship Officer in Berhampur, Odisha

Full Time

 · 

Banking Operations 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

Dislikes

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

Work Details

Work policy: Office start time morning 7 am and off time 11:30 pmthen going to own rent room

Work timings: Strict Timings

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Full Time

 · 

Banking Operations 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

Dislikes

...Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

Work Details

Work days: Monday to Saturday (Flexible Timings)

Work related travel: This is a desk job.

Risk Containment Unit Senior Officer in Hubli, Karnataka

Full Time

 · 

Operations Support Department

4.0
posted on 11 Sep 2022

3.0 for Salary and Benefits

Likes

Company is good ,and safe for long term work if we reach our given respective target,and salary structure depends on our previous company and getting incentives & bonus. Office Timings r good 9.30am to 5.30pm which we can give time to family after office hours..

Dislikes

There is no new to learn in this regular routine we should wrk same & some managers dnt choose experienced candidate who have knowledge & to use them ans promote ..only simply show off people r most get promoted on fake performance, for ladies office environment is not that much safe because of low educated employees & there way of looking & thinking.. ....v don't have security frm co. if debt customers make us ferl unsecure if we make them to pay there debts & they dnt agree to pay.

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This is a desk job.

Relationship Officer in Aluva

4.0
posted on 21 May 2022

3.0 for Salary and Benefits

Likes

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

Dislikes

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

Work Details

Work days: Monday to Saturday (Strict Timings)

Work related travel: This job involves Travel Within City.

Relationship Officer in Kundapura

Micro Finance 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

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

Work Details

Work timings: Flexible Timings

Work related travel: This job involves Travel Within City.

see more salary related reviews

Tell us how to improve this page.

Average annual salary in Muthoot Microfin is INR 4.3 lakhs . Salary estimates are based on 1.8k Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.