Muthoot Microfin Deputy Manager Salaries by 30+ Employees (Updated 2025)

0 - 10 years exp.

₹3 Lakhs - ₹7.9 Lakhs

Salary of majority employees

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48% less than the average Deputy Manager Salary in NBFC Companies for 0 - 10 years of experience

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Salaries in different departments

Finance & Accounting Deputy Manager Salary 4 - 9 years exp. (8 salaries)	Unlock ₹3.6 L/yr - ₹5.3 L/yr
Data Science & Analytics Deputy Manager Salary 4 - 10 years exp. (4 salaries)	Unlock ₹4.2 L/yr - ₹7.7 L/yr
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Human Resources Deputy Manager Salary 5 - 8 years exp. (4 salaries)	Unlock ₹3.8 L/yr - ₹5.5 L/yr
Engineering - Hardware & Networks Deputy Manager Salary 5 - 10 years exp. (3 salaries)	Unlock ₹5.2 L/yr - ₹6 L/yr
Engineering - Software & QA Deputy Manager Salary 1 - 8 years exp. (3 salaries)	Unlock ₹3.4 L/yr - ₹7.9 L/yr

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Last Updated: 8 Feb 2025

Companies similar to Muthoot Microfin for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Deputy Manager Salary 0 - 4 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹9.5 L/yr 5% more
Satin Creditcare Network Deputy Manager Salary 2 - 12 years exp. (167 salaries)	Unlock ₹3.4 L/yr - ₹10 L/yr 13% more
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Spandana Sphoorty Financial Deputy Manager Salary 0 - 13 years exp. (9 salaries)	Unlock ₹6.7 L/yr - ₹8.4 L/yr 48% more
Equitas Small Finance Bank Deputy Manager Salary 3 - 13 years exp. (317 salaries)	Unlock ₹2.3 L/yr - ₹9.5 L/yr 6% more
Jana Small Finance Bank Deputy Manager Salary 1 - 12 years exp. (17 salaries)	Unlock ₹3 L/yr - ₹6.2 L/yr 1% more
Svatantra Microfin Deputy Manager Salary 3 - 8 years exp. (12 salaries)	Unlock ₹8.7 L/yr - ₹15.7 L/yr 128% more
Annapurna Finance Deputy Manager Salary 3 - 10 years exp. (133 salaries)	Unlock ₹2.2 L/yr - ₹7.4 L/yr 6% less
CreditAccess Grameen Deputy Manager Salary 1 - 11 years exp. (18 salaries)	Unlock ₹3.9 L/yr - ₹11.1 L/yr 61% more
Utkarsh Small Finance Bank Deputy Manager Salary 0 - 12 years exp. (239 salaries)	Unlock ₹4.1 L/yr - ₹9.5 L/yr 33% more	1 job opening
Bajaj Finance Deputy Manager Salary 0 - 10 years exp. (296 salaries)	Unlock ₹3 L/yr - ₹8.9 L/yr At par	1158 job openings
Mahindra Finance Deputy Manager Salary 0 - 14 years exp. (243 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 37% more	1 job opening
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Shriram Finance Deputy Manager Salary 5 - 17 years exp. (194 salaries)	Unlock ₹2.5 L/yr - ₹8.4 L/yr 4% more
TVS Credit Deputy Manager Salary 1 - 13 years exp. (188 salaries)	Unlock ₹4.6 L/yr - ₹18 L/yr 108% more	1 job opening
IIFL Finance Deputy Manager Salary 2 - 12 years exp. (168 salaries)	Unlock ₹2.3 L/yr - ₹10 L/yr 17% more
HDB Financial Services Deputy Manager Salary 5 - 14 years exp. (95 salaries)	Unlock ₹3.3 L/yr - ₹9.5 L/yr 28% more
Mahindra Rural Housing Finance Deputy Manager Salary 3 - 12 years exp. (87 salaries)	Unlock ₹3.2 L/yr - ₹10.8 L/yr 21% more
Muthoot Finance Deputy Manager Salary 0 - 15 years exp. (86 salaries)	Unlock ₹3.5 L/yr - ₹9.1 L/yr 12% more
Manappuram Finance Deputy Manager Salary 3 - 12 years exp. (71 salaries)	Unlock ₹3 L/yr - ₹6 L/yr 5% less
Muthoot Fincorp Deputy Manager Salary 5 - 14 years exp. (68 salaries)	Unlock ₹2.8 L/yr - ₹7.9 L/yr 3% less
IIFL SAMASTA Deputy Manager Salary 3 - 11 years exp. (44 salaries)	Unlock ₹3.7 L/yr - ₹9 L/yr 23% more

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Deputy Manager salary at Muthoot Microfin ranges between ₹3 Lakhs to ₹7.9 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 32 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Deputy Manager

2d ago

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9 years exp.

3w ago

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6 years exp.

4w ago

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6 years exp.

1mo ago

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5 years exp.

4mo ago

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8 years exp.

4mo ago

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5 months exp.

5mo ago

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8 years exp.

5mo ago

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8 years exp.

6mo ago

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2 years exp.

7mo ago

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6 years exp.

Experience wise Muthoot Microfin Deputy Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	Unlock ₹4.9 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹7.1 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹9.3 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.9 L/yr - ₹7.7 L/yr
5 years (5 salaries)	Unlock ₹3 L/yr - ₹6 L/yr
6 years (7 salaries)	Unlock ₹3.4 L/yr - ₹7.7 L/yr
7 years (4 salaries)	Unlock ₹3.1 L/yr - ₹5.2 L/yr
8 years (5 salaries)	Unlock ₹3.8 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹8.6 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹6 L/yr

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Similar Designation salaries in Muthoot Microfin

Team Manager Salary

(AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr

Branch Manager Salary

(116 salaries)

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₹2 L/yr - ₹4.62 L/yr

Area Manager Salary

(57 salaries)

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₹2.15 L/yr - ₹5.55 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

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₹2.9 L/yr - ₹3.7 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

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₹3 L/yr - ₹3.8 L/yr

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr

Relationship Manager Salary

(5 salaries)

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₹1.2 L/yr - ₹2.43 L/yr

Team Lead Salary

(6 salaries)

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₹2.85 L/yr - ₹3.31 L/yr

Senior Operations Manager Salary

(AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.7 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Top skills at Muthoot Microfin for Deputy Manager

Analytical skills Communication Skills Operations Credit Risk Risk Management Talent Acquisition Management Skills Credit Recruitment NBFC Operational Risk Bulk Hiring Auditing Credit Risk Analysis Risk Control

Salary related reviews for Muthoot Microfin

4.3

Rated by 9 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

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Microfin Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Muthoot Microfin?

Deputy Manager salary at Muthoot Microfin in India ranges between ₹3.0 Lakhs to ₹7.9 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 48% less than the average Deputy Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Muthoot Microfin India.

How does the salary of a Deputy Manager at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a Deputy Manager at Muthoot Microfin is 48% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Deputy Manager at Muthoot Microfin?

Analytical skills, Communication Skills, Operations, Credit Risk and Risk Management are some of the popular skills required to work as a Deputy Manager at Muthoot Microfin India.

Which similar companies are paying more than Muthoot Microfin to a Deputy Manager in India?

Svatantra Microfin Deputy Manager Salary - ₹8.7 Lakhs to ₹15.7 Lakhs per year
TVS Credit Deputy Manager Salary - ₹4.6 Lakhs to ₹18.0 Lakhs per year
CreditAccess Grameen Deputy Manager Salary - ₹3.9 Lakhs to ₹11.1 Lakhs per year
Tata Motors Finance Deputy Manager Salary - ₹5.5 Lakhs to ₹11.0 Lakhs per year
Arohan Financial Services Deputy Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year

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

Fusion Microfinance Deputy Manager Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
L&T Finance Deputy Manager Salary - ₹7.0 Lakhs to ₹9.0 Lakhs per year
Spandana Sphoorty Financial Deputy Manager Salary - ₹6.7 Lakhs to ₹8.4 Lakhs per year
Aditya Birla Finance Deputy Manager Salary - ₹4.7 Lakhs to ₹11.2 Lakhs per year
Mahindra Finance Deputy Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Muthoot Microfin ranges between ₹37,629 per month to ₹38,829 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Deputy Manager salary in India which ranges between ₹3.0 Lakhs to ₹7.9 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Deputy Manager at Muthoot Microfin?

According to AmbitionBox, 50% of the Muthoot Microfin Deputy Managers reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Deputy Manager Salaries

Muthoot Microfin Deputy Manager salary in India ranges between ₹3 Lakhs to ₹7.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.