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This company page is being actively managed by Muthoot Microfin Team. If you also belong to the team, you can get access from here

Muthoot Microfin Verified Tick

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4.2

based on 903 Reviews

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Muthoot Microfin Salaries in India (Updated 2025)

based on 2.4k latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs

Senior Relationship Officer

1 - 5 years exp. (13 salaries)
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₹1.2 L/yr - ₹4 L/yr

Senior Internal Auditor

3 - 8 years exp. (13 salaries)
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₹2.8 L/yr - ₹3.4 L/yr

HR Manager

3 - 14 years exp. (11 salaries)
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₹3 L/yr - ₹6.2 L/yr

Credit Operation Executive

0 - 3 years exp. (11 salaries)
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₹1.5 L/yr - ₹2.5 L/yr

Associate Vice President

10 - 19 years exp. (9 salaries)
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₹14.2 L/yr - ₹21.2 L/yr

Credit Manager

1 - 6 years exp. (9 salaries)
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₹2.2 L/yr - ₹2.9 L/yr

Software Developer

0 - 8 years exp. (9 salaries)
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₹5 L/yr - ₹8 L/yr

Relationship Executive

0 - 3 years exp. (9 salaries)
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₹1.4 L/yr - ₹2.9 L/yr

Senior Manager-HR

6 - 15 years exp. (8 salaries)
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₹8.1 L/yr - ₹11.8 L/yr

Finance Executive

1 - 2 years exp. (8 salaries)
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₹1.6 L/yr - ₹3.2 L/yr

Accounts Officer

0 - 4 years exp. (7 salaries)
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₹3 L/yr - ₹3.7 L/yr

R O

0 - 1 year exp. (7 salaries)
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₹1.8 L/yr - ₹4 L/yr

Credit Executive

0 - 2 years exp. (7 salaries)
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₹1.6 L/yr - ₹2.2 L/yr

Executive Accountant

1 - 7 years exp. (7 salaries)
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₹1.5 L/yr - ₹2.2 L/yr

Collection Officer

1 - 4 years exp. (7 salaries)
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₹2.3 L/yr - ₹2.6 L/yr

Microfinance Consultant

0 - 5 years exp. (7 salaries)
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₹1.8 L/yr - ₹3.7 L/yr

Sales Manager

1 - 5 years exp. (6 salaries)
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₹1.8 L/yr - ₹3.2 L/yr

Team Lead

4 - 11 years exp. (6 salaries)
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₹2.9 L/yr - ₹3.3 L/yr

Senior Regional Manager

12 - 17 years exp. (6 salaries)
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₹8.4 L/yr - ₹10.8 L/yr

Senior Area Manager

6 - 9 years exp. (6 salaries)
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₹5 L/yr - ₹5.6 L/yr

Last Updated: 11 Apr, 2025

Top trending discussions

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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

4.0

Rated by 903 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.

read more
  • 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.

read more
  • 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

read more
  • 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

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Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

read more
  • 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.

read more
  • 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

read more
  • Promotions - Bad
see more salary related reviews

Muthoot Microfin interview questions by designations

Relationship Officer (6)Area Manager (4)Branch Credit Manager (3)Branch Manager (3)
View all 37 interview experiences
More about working at Muthoot Microfin
golden leaf award

#11 Best Mid-Sized Company

golden leaf awardgolden leaf award

#3 Best Mid-Sized Financial Services Company - 2022

golden leaf award

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:

Senior Relationship Officer ₹1.2 Lakhs to ₹4 Lakhs per year
Senior Internal Auditor ₹2.8 Lakhs to ₹3.4 Lakhs per year
HR Manager ₹3 Lakhs to ₹6.2 Lakhs per year
Credit Operation Executive ₹1.5 Lakhs to ₹2.5 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 2.4k salaries submitted by Muthoot Microfin employees. Muthoot Microfin is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Muthoot Microfin in India?
The salary of a fresher at Muthoot Microfin in India 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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Muthoot Microfin Salaries by Location

Average annual salary in Muthoot Microfin is INRunlock blur . Salary estimates are based on 2300+ Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

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