Muthoot Microfin Chief Manager Salaries by 20+ Employees (Updated 2025)

7 - 19 years exp.

₹8.4 Lakhs - ₹19 Lakhs

Salary of majority employees

40% less than the average Chief Manager Salary in NBFC Companies for 7 - 19 years of experience

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Salaries in different departments

Finance & Accounting Chief Manager Salary 7 - 14 years exp. (8 salaries)	₹10 L/yr - ₹15 L/yr
BFSI, Investments & Trading Chief Manager Salary 8 - 10 years exp. (3 salaries)	₹8.4 L/yr - ₹13.6 L/yr
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Risk Management & Compliance Chief Manager Salary 12 - 13 years exp. (AmbitionBox Estimate)	₹11.2 L/yr - ₹13 L/yr
Sales & Business Development Chief Manager Salary 8 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹17.8 L/yr

Last Updated: 13 Mar 2025

Companies similar to Muthoot Microfin for Chief Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Chief Manager Salary 8 - 18 years exp. (10 salaries)	₹22 L/yr - ₹32 L/yr 93% more
Equitas Small Finance Bank Chief Manager Salary 10 - 15 years exp. (4 salaries)	₹9 L/yr - ₹11.1 L/yr 23% less
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Svatantra Microfin Chief Manager Salary 9 - 12 years exp. (5 salaries)	₹14.3 L/yr - ₹22 L/yr 44% more
Utkarsh Small Finance Bank Chief Manager Salary 8 - 18 years exp. (56 salaries)	₹9.6 L/yr - ₹18.5 L/yr 11% more
L&T Finance Chief Manager Salary 8 - 17 years exp. (85 salaries)	₹19.8 L/yr - ₹52 L/yr 168% more
TVS Credit Chief Manager Salary 7 - 20 years exp. (74 salaries)	₹17 L/yr - ₹41 L/yr 129% more	1 job opening
Manappuram Finance Chief Manager Salary 8 - 15 years exp. (50 salaries)	₹4.5 L/yr - ₹12 L/yr 40% less
Mahindra Finance Chief Manager Salary 2 - 19 years exp. (51 salaries)	₹15 L/yr - ₹30 L/yr 60% more
Aditya Birla Finance Chief Manager Salary 3 - 11 years exp. (18 salaries)	₹17 L/yr - ₹34 L/yr 80% more
IIFL SAMASTA Chief Manager Salary 5 - 17 years exp. (15 salaries)	₹9 L/yr - ₹21 L/yr 16% more
Muthoot Finance Chief Manager Salary 12 - 18 years exp. (11 salaries)	₹8.7 L/yr - ₹14.3 L/yr 9% less
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Mahindra Rural Housing Finance Chief Manager Salary 5 - 16 years exp. (7 salaries)	₹17.1 L/yr - ₹25 L/yr 52% more
Shriram Finance Chief Manager Salary 6 - 26 years exp. (9 salaries)	₹8 L/yr - ₹24 L/yr 16% more
SK Finance Limited Chief Manager Salary 11 - 23 years exp. (7 salaries)	₹10.1 L/yr - ₹21 L/yr 24% more
IIFL Finance Chief Manager Salary 12 - 14 years exp. (3 salaries)	₹11.9 L/yr - ₹18 L/yr 5% more
Bajaj Finance Chief Manager Salary 2 - 17 years exp. (3 salaries)	₹8.5 L/yr - ₹30 L/yr 57% more

Chief Manager salary at Muthoot Microfin ranges between ₹8.4 Lakhs to ₹19 Lakhs per year for employees with experience between 7 years to 19 years. Salary estimates are based on 20 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Chief Manager salaries

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹21.3 L/yr
8 years (3 salaries)	₹8.4 L/yr - ₹16 L/yr
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9 years (AmbitionBox Estimate)	₹9 L/yr - ₹15 L/yr
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹22.7 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹23.2 L/yr
12 years (6 salaries)	₹10 L/yr - ₹13.3 L/yr
13 years (3 salaries)	₹11.8 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15 L/yr
15+ years (AmbitionBox Estimate)	₹5.8 L/yr - ₹19 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Area Manager Salary

(56 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Credit Manager Salary

(9 salaries)

₹2.2 L/yr - ₹2.88 L/yr

Branch Manager Salary

(108 salaries)

₹2 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Area Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹6.5 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Area Head Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Top skills at Muthoot Microfin for Chief Manager

investment Credit Control Operations Risk Assessment Risk Analysis Relationship Management Business Research MIS Preparation Management Information System Financial Research Private Equity Operations Microfinance Credit Risk Risk Management Investor relations

Salary related reviews for Muthoot Microfin

4.4

Rated by 3 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

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Microfin Chief Manager Salary FAQs

What is the salary of Chief Manager at Muthoot Microfin ?

The average salary of a Chief Manager at Muthoot Microfin in India typically ranges from ₹8.4 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 7 years to 19 years).

The top 10% of Chief Manager at Muthoot Microfin earn more than ₹15.5 Lakhs per year, and the top 1% earn over ₹19.0 Lakhs per year. Chief Manager 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 estimates are based on salary data submitted by 20+ Muthoot Microfin employees in India.

What is the estimated take home salary of a Chief Manager at Muthoot Microfin in India?

The estimated take-home salary of a Chief Manager at Muthoot Microfin in India typically ranges from ₹93,550 to ₹96,063 per month. This is based on the average salary range of ₹8.4 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 7 years to 19 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 20+ salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Chief Manager at Muthoot Microfin ?

To be a Chief Manager at Muthoot Microfin in india, the key skills required include:

- investment
- Credit Control Operations
- Risk Assessment
- Risk Analysis
- Relationship Management

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Microfin for Chief Manager in India?

L&T Finance	₹19.8 Lakhs to ₹52.0 Lakhs per year
TVS Credit	₹17.0 Lakhs to ₹41.0 Lakhs per year
Bharat Financial Inclusion	₹22.0 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Finance	₹17.0 Lakhs to ₹34.0 Lakhs per year
Mahindra Finance	₹15.0 Lakhs to ₹30.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Microfin, depending on the role and experience level.

What is the salary of a Chief Manager in companies similar to Muthoot Microfin in India?

The salary of a Chief Manager at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance	₹8.5 Lakhs to ₹30.0 Lakhs per year
Mahindra Rural Housing Finance	₹17.1 Lakhs to ₹25.0 Lakhs per year
Svatantra Microfin	₹14.3 Lakhs to ₹22.0 Lakhs per year
SK Finance Limited	₹10.1 Lakhs to ₹21.0 Lakhs per year
Shriram Finance	₹8.0 Lakhs to ₹24.0 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 Chief Manager at Muthoot Microfin in India?

The salary growth for a Chief Manager at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Chief Manager can expect the following growth trajectory at Muthoot Microfin:

Experience	Average Salary Range
7 years	₹10.0 Lakhs to ₹21.3 Lakhs per year
8 years	₹8.4 Lakhs to ₹16.0 Lakhs per year
9 years	₹9.0 Lakhs to ₹15.0 Lakhs per year
10 years	₹9.0 Lakhs to ₹22.7 Lakhs per year

and so on.

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Muthoot Microfin Chief Manager Salaries

Muthoot Microfin Chief Manager salary in India ranges between ₹8.4 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.