Muthoot Fincorp Associate Vice President Salaries by 6 Employees (Updated 2025)

16 - 25 years exp.

₹14.1 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

Fixed (90%)

₹18.7 Lakhs

Variable (10%)

₹2.1 Lakhs

36% less than the average Associate Vice President Salary in NBFC Companies for 16 - 25 years of experience

Interested in this particular role?

Salaries in different departments

Human Resources Associate Vice President Salary 20 - 24 years exp. (AmbitionBox Estimate)	₹14.1 L/yr - ₹17.6 L/yr
Customer Success, Service & Operations Associate Vice President Salary 18 years exp. (AmbitionBox Estimate)	₹21.6 L/yr - ₹26.4 L/yr
Login to view exact salary
Data Science & Analytics Associate Vice President Salary 16 years exp. (AmbitionBox Estimate)	₹21.6 L/yr - ₹26.4 L/yr
Sales & Business Development Associate Vice President Salary 25 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr
Teaching & Training Associate Vice President Salary 20 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹33 L/yr

Last Updated: 16 Mar 2025

Companies similar to Muthoot Fincorp for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Associate Vice President Salary 8 - 20 years exp. (60 salaries)	₹8.3 L/yr - ₹29 L/yr 17% less
SMFG India Credit Associate Vice President Salary 6 - 19 years exp. (37 salaries)	₹13.5 L/yr - ₹49 L/yr 52% more
Login to view exact salary
Spandana Sphoorty Financial Associate Vice President Salary 3 - 16 years exp. (28 salaries)	₹6.1 L/yr - ₹25.6 L/yr 27% less
Poonawalla Fincorp Associate Vice President Salary 9 - 20 years exp. (25 salaries)	₹27.5 L/yr - ₹52 L/yr 81% more
Kotak Mahindra Prime Associate Vice President Salary 9 - 19 years exp. (22 salaries)	₹11 L/yr - ₹27 L/yr 15% less
Capri Global Capital Associate Vice President Salary 5 - 21 years exp. (20 salaries)	₹12 L/yr - ₹36.7 L/yr 15% more
Muthoot Microfin Associate Vice President Salary 10 - 19 years exp. (9 salaries)	₹14.2 L/yr - ₹21.2 L/yr 15% less
TVS Credit Associate Vice President Salary 20 - 25 years exp. (9 salaries)	₹23.2 L/yr - ₹55 L/yr 114% more
Tata Capital Housing Finance Associate Vice President Salary 10 - 16 years exp. (7 salaries)	₹24 L/yr - ₹40 L/yr 50% more
Satin Creditcare Network Associate Vice President Salary 11 - 13 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 9% more
SK Finance Limited Associate Vice President Salary 15 - 19 years exp. (5 salaries)	₹16 L/yr - ₹24 L/yr 4% more
Login to view exact salary
Bharat Financial Inclusion Associate Vice President Salary 10 - 15 years exp. (4 salaries)	₹34.4 L/yr - ₹40.5 L/yr 85% more
Aavas Financiers Associate Vice President Salary 10 - 14 years exp. (4 salaries)	₹18.5 L/yr - ₹32 L/yr 10% more
Shriram Finance Associate Vice President Salary 4 - 8 years exp. (4 salaries)	₹21.2 L/yr - ₹29 L/yr 18% more
CreditAccess Grameen Associate Vice President Salary 10 - 22 years exp. (4 salaries)	₹29.4 L/yr - ₹48 L/yr 92% more
Ugro Capital Associate Vice President Salary 4 - 15 years exp. (4 salaries)	₹19 L/yr - ₹30 L/yr 17% more
Asirvad Microfinance Associate Vice President Salary 10 - 14 years exp. (3 salaries)	₹10.2 L/yr - ₹18 L/yr 35% less
Mahindra Finance Associate Vice President Salary 16 - 19 years exp. (3 salaries)	₹27.7 L/yr - ₹33 L/yr 49% more
L&T Finance Associate Vice President Salary 11 - 12 years exp. (3 salaries)	₹17 L/yr - ₹36 L/yr 27% more

Associate Vice President salary at Muthoot Fincorp ranges between ₹14.1 Lakhs to ₹30 Lakhs per year for employees with experience between 16 years to 25 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Associate Vice President salaries

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
15+ years (6 salaries)	₹14.1 L/yr - ₹30 L/yr
Login to view exact salary

Similar Designation salaries in Muthoot Fincorp

Associate Consultant Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

Project Lead Salary

(AmbitionBox Estimate)

₹6.4 L/yr - ₹8.2 L/yr

Software Engineer Salary

(5 salaries)

₹3 L/yr - ₹7.5 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹22.5 L/yr - ₹28.7 L/yr

Project Manager Salary

(6 salaries)

₹6 L/yr - ₹16 L/yr

Principal Consultant Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Senior Software Engineer Salary

(4 salaries)

₹13 L/yr - ₹30 L/yr

Team Lead Salary

(5 salaries)

₹2.2 L/yr - ₹3.34 L/yr

Technical Manager Salary

(5 salaries)

₹5.2 L/yr - ₹6.66 L/yr

Top skills at Muthoot Fincorp for Associate Vice President

Competency Mapping Communication Skills Public Relations Compliance FEMA Company Secretarial SEBI Auditing RBI Brand Positioning Content Writing Corporate Communication PPA

Salary related reviews for Muthoot Fincorp

4.5

Rated by 7 employees for salary & benefits

Senior Executive in Goa

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... 3months.. you work there n within 3months you search for another organisation.. they offer lowest salary in the market.. and on top of it you'll have to serve 2months or 3months resignation period and after that also they will not provide you ur reliving letter n even your full n final settlement will not happen.. they take year to do Full and final settlement.. I was the employee here after 2 years I gave resignation fir better opportunity but m lacking behind only because I don't have reliving letter.. even after 4 months and tones of followups with them they arey not giving me my reliving letter and my salary.. so think before you join.. here no one will help you manager area manager regional manager no one.. worst company it is.. u better seat home rather you join in muthoot Fincorp.. if you join you will regret it till your alive mark my words.. they are totally unprofessional and behave rediculous.. THINK BEFOR YOU JOIN MUTHOOT FINCORP LTD

Salary - Bad

+6 more

Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

5.0

for Salary and Benefits

Likes

The opportunities for continuous learning and professional development & salary credited on time.

Salary - Excellent

+5 more

Dislikes

Company is great no dought ,I am working here last 1.5 years and I see some people have two faces and changing their own words according to the situation. All over great !

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

3.0

for Salary and Benefits

Likes

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

Job security - Good

+2 more

Dislikes

In this company salary increment is done according to the outstanding of the branch, so the new staff who join in a smaller branch will not get any benefit. If increment is done according to the outstanding of the branch then the vintage staff should get a bigger branch according to their individual score card or there should be shuffling of all employees every 2 years.

Promotions - Bad

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

4.0

for Salary and Benefits

Likes

Working timing is good, Salary come on time , great place for girls as they get job nearest to home

Salary - Good

+2 more

Dislikes

Working culture is toxic in some branches as there is lot of gap between management and employees. Employees do not able to contact HR for their problems. Appraisal and increment is not good as only buttering people get that.

Promotions - Poor

Senior Manager in New Delhi

Full Time

Finance & Accounting Department

4.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

1. Good Culture 2. Work life balance. 3. Org works for Employee Health and well being. Altogether good org

Skill development - Good

+4 more

Dislikes

Salary discrimination, same grade different in salary package. Not counting the overall experience..

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

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

Got a question about Muthoot Fincorp?

Ask anonymously on communities.

Muthoot Fincorp Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Muthoot Fincorp ?

The average salary of a Associate Vice President at Muthoot Fincorp in India typically ranges from ₹14.1 Lakhs to ₹30.0 Lakhs per year, depending on experience (from 16 years to 25 years).

The top 10% of Associate Vice President at Muthoot Fincorp earn more than ₹29.4 Lakhs per year, and the top 1% earn over ₹30.0 Lakhs per year. Associate Vice President 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 6 Muthoot Fincorp employees in India.

What is the estimated take home salary of a Associate Vice President at Muthoot Fincorp in India?

The estimated take-home salary of a Associate Vice President at Muthoot Fincorp in India typically ranges from ₹1,35,975 to ₹1,40,986 per month. This is based on the average salary range of ₹14.1 Lakhs to ₹30.0 Lakhs per year for employees with experience ranging from 16 years to 25 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 Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Associate Vice President at Muthoot Fincorp ?

To be a Associate Vice President at Muthoot Fincorp in india, the key skills required include:

- Competency Mapping
- Communication Skills
- Public Relations
- Compliance
- FEMA

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 Associate Vice President in India?

TVS Credit	₹23.2 Lakhs to ₹55.0 Lakhs per year
CreditAccess Grameen	₹29.4 Lakhs to ₹48.0 Lakhs per year
Bharat Financial Inclusion	₹34.4 Lakhs to ₹40.5 Lakhs per year
Poonawalla Fincorp	₹27.5 Lakhs to ₹52.0 Lakhs per year
SMFG India Credit	₹13.5 Lakhs to ₹49.0 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 Associate Vice President in companies similar to Muthoot Fincorp in India?

The salary of a Associate Vice President at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance	₹24.0 Lakhs to ₹40.0 Lakhs per year
Mahindra Finance	₹27.7 Lakhs to ₹33.0 Lakhs per year
L&T Finance	₹17.0 Lakhs to ₹36.0 Lakhs per year
Shriram Finance	₹21.2 Lakhs to ₹29.0 Lakhs per year
Ugro Capital	₹19.0 Lakhs to ₹30.0 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 Associate Vice President at Muthoot Fincorp in India?

The salary growth for a Associate Vice President at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Associate Vice President can expect the following growth trajectory at Muthoot Fincorp:

Experience	Average Salary Range
15 years	₹14.1 Lakhs to ₹30.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Muthoot Fincorp Salaries >
Muthoot Fincorp Associate Vice President Salaries

Muthoot Fincorp Associate Vice President salary in India ranges between ₹14.1 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.