Add office photos
Engaged Employer
Muthoot Microfin
4.3
based on 912 Reviews
Company Overview
Company Locations
Working at Muthoot Microfin
Company Summary
MUTHOOT MICROFIN LIMITED - Microfinance Arm of Muthoot Pappachan Group.
Overall Rating
4.3/5
based on 912 reviews
19% above
industry average
Highly rated for
Skill Development, Company Culture, Job Security
Work Policy
Work from office
85% employees reported
Monday to Saturday
76% employees reported
Strict timing
59% employees reported
Within city
54% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
47 employees reported
Health insurance
31 employees reported
Office cab/shuttle
12 employees reported
Professional degree assistance
9 employees reported
View all benefits
About Muthoot Microfin
Muthoot Microfin Limited (MML), the microfinance arm of Muthoot Pappachan Group is one of the leading and fast-growing microfinance institutions (NBFC-MFI) in India. The company is focused on providing micro-loans to women entrepreneurs with a focus on rural regions of India.
Our microfinance operations are designed to promote entrepreneurship among women and inclusive growth. We provide financial assistance through micro loans such as income generating loans to women engaged in small businesses. Delivering financial services to masses including underprivileged and disadvantaged people, living in the rural sectors of the Indian society at affordable terms, in quick turnaround time and with hassle-free processing is the aim of our financial inclusion drive.
We have adopted joint liability group model of microfinance, which caters exclusively to women in lower income households and is premised on the fact that if such individuals are given access to credit, they will be able to identify new opportunities and supplement and grow their existing income.
We believe that the history of the Muthoot Pappachan Group in working with customers in the bottom of the economic pyramid, helps us better address the needs of our customers in rural households and design lending products to cater to their requirements. Our brand identity possesses an unwavering commitment to provide our clients with the support they need to improve their standard of living.
Our microfinance operations are designed to promote entrepreneurship among women and inclusive growth. We provide financial assistance through micro loans such as income generating loans to women engaged in small businesses. Delivering financial services to masses including underprivileged and disadvantaged people, living in the rural sectors of the Indian society at affordable terms, in quick turnaround time and with hassle-free processing is the aim of our financial inclusion drive.
We have adopted joint liability group model of microfinance, which caters exclusively to women in lower income households and is premised on the fact that if such individuals are given access to credit, they will be able to identify new opportunities and supplement and grow their existing income.
We believe that the history of the Muthoot Pappachan Group in working with customers in the bottom of the economic pyramid, helps us better address the needs of our customers in rural households and design lending products to cater to their requirements. Our brand identity possesses an unwavering commitment to provide our clients with the support they need to improve their standard of living.
Mission: To be the number one microfinance company by 2025, managing best portfolio quality, highest level of customer satisfaction and highest wallet share among our customers.
Vision: To be the most innovative and successful financial institution serving life cycle needs of the underserved.
Report error
AmbitionBox Best Places to Work in India Awards
Awards are based on 2021 reviews and ratings by employees of the company.
Congratulate
Know more
Share
Muthoot Microfin Ratings
based on 912 reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
585
4
166
3
77
2
15
1
69
Category Ratings
4.3
Skill Development
4.2
Company Culture
4.2
Job Security
4.2
Salary & Benefits
4.2
Work-Life Balance
4.2
Work Satisfaction
4.1
Promotions/Appraisal
Muthoot Microfin is rated 4.3 out of 5 stars on AmbitionBox, based on 912 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Muthoot Microfin
based on 841 reviews
4.4
Rated by 52 Women
Rated 4.4 for Work-Life Balance and 4.3 for Salary & Benefits
4.3
Rated by 789 Men
Rated 4.3 for Skill Development and 4.2 for Company Culture
Work Policy at Muthoot Microfin
based on 100 reviews in last 6 months
Work from office
85%
Hybrid
10%
Permanent work from home
5%
Muthoot Microfin Reviews
Top mentions in Muthoot Microfin Reviews
+ 5 more
Compare Muthoot Microfin with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.3/5 based on 912 reviews | 4.0/5 based on 1.2k reviews | 3.9/5 based on 1.7k reviews | 4.3/5 based on 302 reviews |
Highly Rated for | Skill development Company culture Job Security | Salary & Benefits Company culture Work-Life balance | Salary & Benefits Job Security | Job Security Company culture Skill development |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 85% employees reported | Work from office 83% employees reported | Work from office 87% employees reported | - |
Rating by Women Employees | 4.4 Good rated by 52 women | 3.4 Average rated by 54 women | 4.0 Good rated by 82 women | 3.8 Good rated by 10 women |
Rating by Men Employees | 4.3 Good rated by 789 men | 4.0 Good rated by 940 men | 3.9 Good rated by 1.4k men | 4.4 Good rated by 70 men |
Job Security | 4.2 Good | 3.8 Good | 3.9 Good | 4.2 Good |
View more
Muthoot Microfin Salaries
4.2
rated by 912 employees for salariesRelationship Officer
(210 salaries)
Unlock
₹1.3 L/yr - ₹3.5 L/yr
Branch Credit Manager
(141 salaries)
Unlock
₹1.5 L/yr - ₹3.5 L/yr
Internal Auditor
(117 salaries)
Unlock
₹1.8 L/yr - ₹4 L/yr
Branch Manager
(105 salaries)
Unlock
₹2 L/yr - ₹4.5 L/yr
Credit Officer
(101 salaries)
Unlock
₹1.4 L/yr - ₹2.7 L/yr
Branch Relationship Manager
(65 salaries)
Unlock
₹2 L/yr - ₹4.2 L/yr
Area Manager
(54 salaries)
Unlock
₹2.2 L/yr - ₹5.4 L/yr
Divisional Manager
(38 salaries)
Unlock
₹3.5 L/yr - ₹7 L/yr
Area Credit Manager
(33 salaries)
Unlock
₹2 L/yr - ₹5.5 L/yr
Regional Manager
(31 salaries)
Unlock
₹5 L/yr - ₹10 L/yr
Muthoot Microfin Interview Questions
Interview questions by designation
Top Muthoot Microfin interview questions and answers
Get interview-ready with top interview questions
Interview Process at Muthoot Microfin
based on 13 interviews in last 1 year
Interview Experience
4.1
Good
Difficulty level
Easy
62%
Moderate
38%
People are getting interviews through
based on 22 Muthoot Microfin interviews
Referral
36%
Job Portal
36%
Walkin
18%
Recruitment Consultant
5%
*5% candidates got the interview through other sources
High confidence
Muthoot Microfin Jobs
Muthoot Microfin News
Muthoot Microfin Cuts Lending Rates By Up To 125 Basis Points
- Muthoot Microfin has reduced lending rates by 25 basis points for income-generating loans and by 125 bps for third-party product loans.
- The new interest rates for income-generating loans and third-party product loans are 23.05% and 22.7% respectively.
- This is Muthoot Microfin's third interest-rate reduction in 2024, demonstrating their commitment to making financial services more accessible and affordable.
- The rate cuts aim to foster long-term economic growth and make formal credit accessible, according to the CEO.
Bloomberg Quint | 4 Dec, 2024
Muthoot Microfin starts co-lending loan disbursals with SBI
- Muthoot Microfin has started co-lending loan disbursals with SBI.
- SBI has sanctioned a ₹500 crore limit to be disbursed in tranches of ₹100 crore.
- Loans ranging from ₹50,000 to ₹3 lakh will be extended to eligible customers, primarily members of Joint Liability Groups (JLGs).
- This collaboration promotes financial inclusion, fosters self-sufficiency in underserved communities, and helps women entrepreneurs grow their businesses.
HinduBusinessLine | 25 Nov, 2024
Muthoot Microfin CEO Sadaf Sayeed Optimistic About Second Half, Says Worst Is Over
- Muthoot Microfin CEO Sadaf Sayeed is optimistic about the second half of the current financial year, stating that the worst is over.
- The microfinance arm of Muthoot Pappachan Group reported a slight increase in gross non-performing assets (NPAs) in Q2.
- Sayeed believes that Q3 and Q4 will be much better for the company, as these quarters are traditionally productive for the microfinance industry.
- Muthoot Microfin's collection in October remained stable despite the Diwali holidays, and the CEO expects all the months to perform better going forward.
Bloomberg Quint | 7 Nov, 2024
Powered by
Compare Muthoot Microfin with
Spandana Sphoorty Financial
3.8
Equitas Small Finance Bank
4.3
Jana Small Finance Bank
3.8
Svatantra Microfin
4.1
Annapurna Finance
4.1
CreditAccess Grameen
4.3
Utkarsh Small Finance Bank
3.9
HDB Financial Services
4.0
Shriram Finance
4.1
Bajaj Finance
4.0
Muthoot Fincorp
4.5
IIFL Finance
4.0
Muthoot Finance
3.6
Home Credit Finance
4.1
Mahindra Finance
4.1
Manappuram Finance
4.0
SMFG India Credit
4.0
L&T Finance
4.0
TVS Credit
4.4
IDFC FIRST Bharat
4.5
Contribute & help others!
You can choose to be anonymous
Companies Similar to Muthoot Microfin
3.9
• 1.7k reviews
4.3
• 302 reviews
Satin Creditcare Network
Financial Services, NBFC
4.0
• 1.2k reviews
3.8
• 815 reviews
Equitas Small Finance Bank
Financial Services, Banking
4.3
• 4.4k reviews
Jana Small Finance Bank
Banking
3.8
• 5.9k reviews
Svatantra Microfin
Financial Services, NBFC
4.1
• 690 reviews
4.1
• 1.1k reviews
CreditAccess Grameen
Internet, NBFC
4.3
• 981 reviews
Utkarsh Small Finance Bank
Financial Services, Banking
3.9
• 2.9k reviews
HDB Financial Services
BPO/KPO, Financial Services, Banking, NBFC
4.0
• 19.4k reviews
Shriram Finance
Financial Services, NBFC
4.1
• 6.8k reviews
Muthoot Microfin FAQs
When was Muthoot Microfin founded?
Where is the Muthoot Microfin headquarters located?
How many employees does Muthoot Microfin have in India?
Does Muthoot Microfin have good work-life balance?
Is Muthoot Microfin good for career growth?
What are the pros of working in Muthoot Microfin?
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
70 Lakh+
Reviews
5 Lakh+
Interviews
4 Crore+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app