Muthoot Microfin Chandigarh Salaries by 10+ Employees (Updated 2025)

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Human Resources

Designation	Avg Annual Salary	Open Jobs
Internal Auditor 0 - 3 years exp. · Chandigarh (3 salaries)	₹3 L/yr - ₹3.2 L/yr
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Credit Officer 0 - 1 year exp. · Chandigarh (AmbitionBox Estimate)	₹1.4 L/yr - ₹2 L/yr
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Banking Officer 2 - 3 years exp. · Chandigarh (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Credit Operation Executive 1 - 2 years exp. · Chandigarh (AmbitionBox Estimate)	₹1.7 L/yr - ₹2 L/yr
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Assistant Manager Hrbp 4 years exp. · Chandigarh (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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HR Executive 3 years exp. · Chandigarh (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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Employee Banking Officer 1 year exp. · Chandigarh (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Senior Executive 5 - 6 years exp. · Chandigarh (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.8 L/yr
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Executive 0 - 1 year exp. · Chandigarh (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.1 L/yr
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Human Resource 4 years exp. · Chandigarh (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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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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Muthoot Microfin interview questions by designations

Relationship Officer (6)Area Manager (4)Branch Credit Manager (3)Branch Manager (3)

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Know more about Muthoot Microfin Chandigarh

Muthoot Microfin Salary FAQs

How much does Muthoot Microfin pay to its employees?

The average annual salary at Muthoot Microfin varies depending on the role, experience, and location. The salary ranges for some popular designations at Muthoot Microfin, are as follows:

Internal Auditor	₹3 Lakhs to ₹3.2 Lakhs per year
Credit Officer	₹1.4 Lakhs to ₹2 Lakhs per year
Banking Officer	₹2.7 Lakhs to ₹3.5 Lakhs per year
Credit Operation Executive	₹1.7 Lakhs to ₹2 Lakhs per year

The highest-paying role, Deputy Vice President, earns between ₹24 Lakhs to ₹40 Lakhs per year. The top 10% of employees earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹30 Lakhs per year. Salaries at Muthoot Microfin 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 salary estimates are based on data from 17 salaries submitted by Muthoot Microfin employees. Muthoot Microfin is rated 5.0 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Muthoot Microfin in Chandigarh?

The salary of a fresher at Muthoot Microfin in Chandigarh typically ranges from ₹1.4 Lakh to ₹6.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Relationship Officer Salary	₹1.5 Lakhs to ₹3.2 Lakhs per year
Fresher as a Internal Auditor Salary	₹1.9 Lakhs to ₹3 Lakhs per year
Fresher as a Branch Credit Manager Salary	₹2.2 Lakhs to ₹3.1 Lakhs per year
Fresher as a Credit Officer Salary	₹1.4 Lakhs to ₹2.2 Lakhs per year

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Average annual salary in Muthoot Microfin , Chandigarh is INR . Salary estimates are based on 10+ Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.