Muthoot Microfin BM Salaries by 3 Employees (Updated 2025)

4 - 5 years exp.

₹3 Lakhs - ₹3.7 Lakhs

Low Confidence

Salary of majority employees

41% less than the average BM Salary in NBFC Companies for 4 - 5 years of experience

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Last Updated: 5 Sep 2024

Companies similar to Muthoot Microfin for BM

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services BM Salary 5 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹4 L/yr 2% less
Satin Creditcare Network BM Salary 4 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4 L/yr 4% more
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Spandana Sphoorty Financial BM Salary 2 - 5 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr 28% less
Equitas Small Finance Bank BM Salary 11 - 13 years exp. (3 salaries)	₹5.9 L/yr - ₹6.2 L/yr 77% more
Jana Small Finance Bank BM Salary 4 - 10 years exp. (5 salaries)	₹3.7 L/yr - ₹8.3 L/yr 91% more
Svatantra Microfin BM Salary 2 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹3.3 L/yr 15% less
Annapurna Finance BM Salary 1 - 9 years exp. (4 salaries)	₹2.4 L/yr - ₹6.7 L/yr 22% more
CreditAccess Grameen BM Salary 3 - 10 years exp. (5 salaries)	₹2.7 L/yr - ₹4.4 L/yr 5% more
Utkarsh Small Finance Bank BM Salary 3 - 10 years exp. (7 salaries)	₹3 L/yr - ₹4.5 L/yr 6% more
Mahindra Rural Housing Finance BM Salary 5 - 11 years exp. (11 salaries)	₹2.6 L/yr - ₹5 L/yr 31% more
L&T Finance BM Salary 3 - 9 years exp. (11 salaries)	₹3.2 L/yr - ₹5.7 L/yr 34% more
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Muthoot Fincorp BM Salary 4 - 11 years exp. (8 salaries)	₹3.1 L/yr - ₹4 L/yr 14% more
Muthoot Finance BM Salary 5 - 10 years exp. (8 salaries)	₹3 L/yr - ₹5.9 L/yr 69% more
IIFL Finance BM Salary 5 - 11 years exp. (6 salaries)	₹4.8 L/yr - ₹6 L/yr 52% more
SMFG India Credit BM Salary 8 - 15 years exp. (4 salaries)	₹3.6 L/yr - ₹7.5 L/yr 62% more
Fusion Microfinance BM Salary 5 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4.2 L/yr 10% more
Manappuram Finance BM Salary 2 - 11 years exp. (3 salaries)	₹3.6 L/yr - ₹4.6 L/yr 18% more
SK Finance Limited BM Salary 5 - 6 years exp. (3 salaries)	₹3.6 L/yr - ₹3.8 L/yr 9% more
HDB Financial Services BM Salary 10 - 11 years exp. (3 salaries)	₹5.2 L/yr - ₹6.3 L/yr 66% more

BM salary at Muthoot Microfin ranges between ₹3 Lakhs to ₹3.7 Lakhs per year for employees with experience between 4 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin BM salaries

Last Updated: 5 Sep 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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5 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.9 L/yr

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Salary related reviews for Muthoot Microfin

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

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

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

Relationship Officer in Kundapura

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5.0

• posted on 19 Apr 2021

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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

Skill development - Excellent

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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

Relationship Officer in Nimbahera

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1.0

• posted on 08 Aug 2021

1.0

for Salary and Benefits

Likes

I don't like anything

Company culture - Excellent

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Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

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Manager in Sangli

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Human Resources Department

5.0

• posted on 12 Sep 2023

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for Salary and Benefits

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

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My reporting persons behaviour was not good. Nothing else.

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fathersahaab

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Microfin BM Salary FAQs

What is the notice period for BM at Muthoot Microfin?

According to AmbitionBox, 100% of the Muthoot Microfin BMs reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Microfin BM Salaries

Muthoot Microfin BM salary in India ranges between ₹3 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.