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Muthoot Microfin Deputy Chief Manager salaries in India (Updated 2025)

Annual salary range
5 - 17 years exp.
₹7.1 Lakhs - ₹15 Lakhs
Salary of majority employees
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43% less than the average Deputy Chief Manager Salary in NBFC Companies for 5 - 17 years of experience

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Salaries in different departments

Engineering - Software & QA
Deputy Chief Manager Salary
5 - 10 years exp. (4 salaries)
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₹9 L/yr - ₹14 L/yr

Finance & Accounting
Deputy Chief Manager Salary
10 - 12 years exp. (4 salaries)
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₹8.2 L/yr - ₹10 L/yr

Risk Management & Compliance
Deputy Chief Manager Salary
9 - 12 years exp. (4 salaries)
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₹8.1 L/yr - ₹9.6 L/yr

Customer Success, Service & Operations
Deputy Chief Manager Salary
5 - 15 years exp. (3 salaries)
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₹12 L/yr - ₹15 L/yr

BFSI, Investments & Trading
Deputy Chief Manager Salary
13 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.7 L/yr

View all

Last Updated: 16 Feb 2025

Companies similar to Muthoot Microfin for Deputy Chief Manager

Company name Avg Annual Salary Open Jobs
Logo
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₹18 L/yr - ₹32 L/yr

arrow icon 180% more
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Times Group Deputy Chief Manager Salary

13 - 22 years exp. (110 salaries)

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₹12 L/yr - ₹32 L/yr

arrow icon 106% more
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₹10.9 L/yr - ₹32.3 L/yr

arrow icon 94% more
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₹11.4 L/yr - ₹24.5 L/yr

arrow icon 73% more
Logo
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₹10.5 L/yr - ₹33 L/yr

arrow icon 83% more
Deputy Chief Manager salary at Muthoot Microfin ranges between ₹7.1 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Deputy Chief Manager

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15 years exp.
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17 years exp.
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5 years exp.
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Experience wise Muthoot Microfin Deputy Chief Manager salaries

Last Updated: 16 Feb 2025

Experience Avg Annual Salary
5 years  (3 salaries)

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₹8.3 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹18.4 L/yr
7 years (AmbitionBox Estimate)

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₹9 L/yr - ₹18.4 L/yr
8 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹18.4 L/yr
9 years  (3 salaries)

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₹8.1 L/yr - ₹11 L/yr
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Similar Designation salaries in Muthoot Microfin

Deputy Manager Salary
(35 salaries)
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₹2.9 L/yr - ₹6 L/yr
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₹1.2 L/yr - ₹2.43 L/yr
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₹4 L/yr - ₹6.5 L/yr
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₹5 L/yr - ₹11.15 L/yr
Branch Manager Salary
(108 salaries)
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₹2 L/yr - ₹4.5 L/yr
Area Manager Salary
(59 salaries)
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₹2.15 L/yr - ₹5.55 L/yr
Sales Manager Salary
(6 salaries)
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₹1.84 L/yr - ₹3.19 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹2.4 L/yr - ₹3.1 L/yr
Team Lead Salary
(6 salaries)
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₹2.85 L/yr - ₹3.31 L/yr
Sales Officer Salary
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr

Top skills at Muthoot Microfin for Deputy Chief Manager

MIS Preparation Credit Risk Credit Underwriting Auditing Cost Reduction Ca Relationship Management SOP Finance Bank Audit Power Bi Fund Raising Internal Audit Sales Analysis Operations

Salary related reviews for Muthoot Microfin

3.6

Rated by 6 employees for salary & benefits

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.

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

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

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  • Salary - Bad
  • +5 more

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.

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  • Salary - Bad
  • +2 more

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

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  • Promotions - Bad
see more salary related reviews

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Muthoot Microfin Deputy Chief Manager Salary FAQs

What is the salary of Deputy Chief Manager at Muthoot Microfin ?
The average salary of a Deputy Chief Manager at Muthoot Microfin in India typically ranges from ₹7.1 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Deputy Chief Manager at Muthoot Microfin earn more than ₹13.4 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Deputy 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 Deputy Chief Manager at Muthoot Microfin in India?
The estimated take-home salary of a Deputy Chief Manager at Muthoot Microfin in India typically ranges from ₹73,457 to ₹75,354 per month. This is based on the average salary range of ₹7.1 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 5 years to 17 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 Deputy Chief Manager at Muthoot Microfin ?
To be a Deputy Chief Manager at Muthoot Microfin in india, the key skills required include:

  • - MIS Preparation
  • - Credit Risk
  • - Credit Underwriting
  • - Auditing
  • - Cost Reduction

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 Deputy Chief Manager in India?
Aditya Birla Finance ₹18.0 Lakhs to ₹32.0 Lakhs per year
Times Group ₹12.0 Lakhs to ₹32.0 Lakhs per year
Aditya Birla Health Insurance Co ₹10.9 Lakhs to ₹32.3 Lakhs per year
Aditya Birla Capital ₹10.5 Lakhs to ₹33.0 Lakhs per year
Aditya Birla Sun Life Insurance ₹11.4 Lakhs to ₹24.5 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.
How the salary growth look like for a Deputy Chief Manager at Muthoot Microfin in India?
The salary growth for a Deputy Chief Manager at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Deputy Chief Manager can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
5 years ₹8.3 Lakhs to ₹15.0 Lakhs per year
6 years ₹7.1 Lakhs to ₹18.4 Lakhs per year
7 years ₹9.0 Lakhs to ₹18.4 Lakhs per year
8 years ₹7.1 Lakhs to ₹18.4 Lakhs per year
and so on.

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Muthoot Microfin Deputy Chief Manager salary in India ranges between ₹7.1 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 21 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.