Muthoot Microfin Associate Vice President Salaries by 9 Employees (Updated 2025)

10 - 19 years exp.

₹14.2 Lakhs - ₹21.2 Lakhs

Low Confidence

Salary of majority employees

45% less than the average Associate Vice President Salary in NBFC Companies for 10 - 19 years of experience

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Salaries in different departments

Finance & Accounting Associate Vice President Salary 10 - 12 years exp. (3 salaries)	₹14.2 L/yr - ₹18.5 L/yr
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Risk Management & Compliance Associate Vice President Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹15.8 L/yr - ₹17 L/yr

Last Updated: 1 Dec 2024

Companies similar to Muthoot Microfin for Associate Vice President

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Associate Vice President Salary 10 - 15 years exp. (4 salaries)	₹34.4 L/yr - ₹40.5 L/yr 118% more
Satin Creditcare Network Associate Vice President Salary 11 - 13 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 29% more
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Spandana Sphoorty Financial Associate Vice President Salary 2 - 16 years exp. (27 salaries)	₹6 L/yr - ₹24.8 L/yr 19% less	1 job opening
Equitas Small Finance Bank Associate Vice President Salary 11 - 19 years exp. (25 salaries)	₹8.4 L/yr - ₹23.1 L/yr 3% less
Jana Small Finance Bank Associate Vice President Salary 10 - 22 years exp. (127 salaries)	₹7.3 L/yr - ₹21.5 L/yr 21% less
Annapurna Finance Associate Vice President Salary 6 - 16 years exp. (5 salaries)	₹11 L/yr - ₹38 L/yr 43% more
CreditAccess Grameen Associate Vice President Salary 10 - 22 years exp. (4 salaries)	₹29.4 L/yr - ₹48 L/yr 126% more
Utkarsh Small Finance Bank Associate Vice President Salary 15 - 21 years exp. (6 salaries)	₹15 L/yr - ₹24.5 L/yr 4% more
IIFL Finance Associate Vice President Salary 8 - 20 years exp. (60 salaries)	₹8.3 L/yr - ₹27.2 L/yr 9% less
SMFG India Credit Associate Vice President Salary 6 - 19 years exp. (37 salaries)	₹13.5 L/yr - ₹49 L/yr 79% more
Tata Motors Finance Associate Vice President Salary 14 - 23 years exp. (20 salaries)	₹19 L/yr - ₹44 L/yr 82% more
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TVS Credit Associate Vice President Salary 20 - 25 years exp. (9 salaries)	₹23.2 L/yr - ₹55 L/yr 152% more
Aditya Birla Finance Associate Vice President Salary 7 - 23 years exp. (6 salaries)	₹26 L/yr - ₹38 L/yr 97% more
HDB Financial Services Associate Vice President Salary 0 - 21 years exp. (6 salaries)	₹19 L/yr - ₹30.2 L/yr 43% more
Muthoot Fincorp Associate Vice President Salary 16 - 25 years exp. (6 salaries)	₹14.1 L/yr - ₹30 L/yr 18% more
Mahindra Finance Associate Vice President Salary 11 - 25 years exp. (5 salaries)	₹25 L/yr - ₹33 L/yr 62% more
Home Credit Finance Associate Vice President Salary 12 - 17 years exp. (5 salaries)	₹19 L/yr - ₹45 L/yr 85% more
SK Finance Limited Associate Vice President Salary 15 - 19 years exp. (5 salaries)	₹16 L/yr - ₹24 L/yr 23% more
Bajaj Finance Associate Vice President Salary 5 - 15 years exp. (5 salaries)	₹16.8 L/yr - ₹33.8 L/yr 53% more
Aye Finance Associate Vice President Salary 5 - 13 years exp. (4 salaries)	₹13.2 L/yr - ₹26 L/yr 23% more

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Associate Vice President salary at Muthoot Microfin ranges between ₹14.2 Lakhs to ₹21.2 Lakhs per year for employees with experience between 10 years to 19 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Associate Vice President salaries

Last Updated: 1 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹33.9 L/yr
11 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹33.4 L/yr
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12 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹21.2 L/yr
13 years (AmbitionBox Estimate)	₹17 L/yr - ₹21.2 L/yr
14 years (AmbitionBox Estimate)	₹17 L/yr - ₹32 L/yr
15+ years (AmbitionBox Estimate)	₹16.6 L/yr - ₹30.6 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Software Engineer Salary

(3 salaries)

₹2.9 L/yr - ₹17.5 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Senior Software Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹14 L/yr

Team Lead Salary

(4 salaries)

₹2.85 L/yr - ₹3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Top skills at Muthoot Microfin for Associate Vice President

Credit Control Operations Risk Assessment Risk Analysis Management Information System Microfinance Credit Risk Risk Management Credit Risk Analysis fraud control Risk Analytics Equity Strategy Financial Research Fund Raising Private Equity Investment Analysis

Salary related reviews for Muthoot Microfin

5.0

Rated by 1 employees for salary & benefits

Manager in Sangli

Full Time

Human Resources Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Branch Relationship Manager Operation in Bijnor

Full Time

Sales & Business Development Department

4.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

Salary - Good

+3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

Work satisfaction - Poor

Senior Relationship Officer in Berhampur

Full Time

BFSI, Investments & Trading 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

Salary - Bad

+5 more

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Full Time

BFSI, Investments & Trading 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

Job security - Good

+2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

Salary - Bad

+2 more

Relationship Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Feb 2023

3.0

for Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

Skill development - Good

+2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

Promotions - Bad

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Muthoot Microfin Associate Vice President Salary FAQs

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

Associate Vice President salary at Muthoot Microfin in India ranges between ₹14.2 Lakhs to ₹21.2 Lakhs for experience between 10 years to 19 years. According to our estimates it is 45% less than the average Associate Vice President Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Microfin India.

How does the salary of a Associate Vice President at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a Associate Vice President at Muthoot Microfin is 45% less than the average salary of a Associate Vice President in India. To know exact salary insights, login to view.

What are the top skills required to work as a Associate Vice President at Muthoot Microfin?

Credit Control Operations, Risk Assessment, Risk Analysis, Management Information System and Microfinance are some of the popular skills required to work as a Associate Vice President at Muthoot Microfin India.

Which similar companies are paying more than Muthoot Microfin to a Associate Vice President in India?

TVS Credit Associate Vice President Salary - ₹23.2 Lakhs to ₹55.0 Lakhs per year
CreditAccess Grameen Associate Vice President Salary - ₹29.4 Lakhs to ₹48.0 Lakhs per year
Bharat Financial Inclusion Associate Vice President Salary - ₹34.4 Lakhs to ₹40.5 Lakhs per year
Aditya Birla Finance Associate Vice President Salary - ₹26.0 Lakhs to ₹38.0 Lakhs per year
Home Credit Finance Associate Vice President Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a Associate Vice President in companies similar to Muthoot Microfin in India?

Tata Motors Finance Associate Vice President Salary - ₹19.0 Lakhs to ₹44.0 Lakhs per year
SMFG India Credit Associate Vice President Salary - ₹13.5 Lakhs to ₹49.0 Lakhs per year
Mahindra Finance Associate Vice President Salary - ₹25.0 Lakhs to ₹33.0 Lakhs per year
Bajaj Finance Associate Vice President Salary - ₹16.8 Lakhs to ₹33.8 Lakhs per year
L&T Finance Associate Vice President Salary - ₹17.0 Lakhs to ₹36.0 Lakhs per year

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

The estimated take-home salary of a Associate Vice President at Muthoot Microfin ranges between ₹1,19,012 per month to ₹1,22,347 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Associate Vice President salary in India which ranges between ₹14.2 Lakhs to ₹21.2 Lakhs per year for employees with experience between 10 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Associate Vice President at Muthoot Microfin?

According to AmbitionBox, 100% of the Muthoot Microfin Associate Vice Presidents reported a notice period of 3 Months.This is based on 12 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Associate Vice President Salaries

Muthoot Microfin Associate Vice President salary in India ranges between ₹14.2 Lakhs to ₹21.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.