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

0 - 13 years exp.

₹2.9 Lakhs - ₹6 Lakhs

Avg. annual salary

Monthly In-hand Salary

51% less than the average Deputy Manager Salary in NBFC Companies for 0 - 13 years of experience

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Salaries in different departments

Finance & Accounting Deputy Manager Salary 3 - 9 years exp. (10 salaries)	₹2.9 L/yr - ₹6 L/yr
BFSI, Investments & Trading Deputy Manager Salary 0 - 13 years exp. (5 salaries)	₹3 L/yr - ₹5.5 L/yr
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Human Resources Deputy Manager Salary 5 - 11 years exp. (5 salaries)	₹3.8 L/yr - ₹5.5 L/yr
Engineering - Hardware & Networks Deputy Manager Salary 5 - 10 years exp. (3 salaries)	₹5.4 L/yr - ₹6 L/yr
Data Science & Analytics Deputy Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.6 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
Mahindra Finance Deputy Manager Salary 0 - 15 years exp. (345 salaries)	₹4 L/yr - ₹12 L/yr 46% more	1 job opening
Bajaj Finance Deputy Manager Salary 0 - 10 years exp. (294 salaries)	₹3 L/yr - ₹9.8 L/yr 6% more	752 job openings
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IIFL Finance Deputy Manager Salary 2 - 12 years exp. (218 salaries)	₹2.3 L/yr - ₹10 L/yr 19% more
Shriram Finance Deputy Manager Salary 4 - 16 years exp. (219 salaries)	₹2.2 L/yr - ₹9.4 L/yr 11% more
TVS Credit Deputy Manager Salary 1 - 13 years exp. (189 salaries)	₹4.5 L/yr - ₹18 L/yr 126% more
Satin Creditcare Network Deputy Manager Salary 2 - 12 years exp. (164 salaries)	₹3.4 L/yr - ₹10 L/yr 20% more
Annapurna Finance Deputy Manager Salary 3 - 10 years exp. (124 salaries)	₹2.2 L/yr - ₹7.4 L/yr 2% less
HDB Financial Services Deputy Manager Salary 2 - 14 years exp. (120 salaries)	₹3 L/yr - ₹9.5 L/yr 30% more
Mahindra Rural Housing Finance Deputy Manager Salary 3 - 12 years exp. (89 salaries)	₹3.2 L/yr - ₹10.8 L/yr 27% more
Muthoot Finance Deputy Manager Salary 4 - 15 years exp. (93 salaries)	₹3 L/yr - ₹8.9 L/yr 21% more
Muthoot Fincorp Deputy Manager Salary 5 - 13 years exp. (69 salaries)	₹2.8 L/yr - ₹7.9 L/yr 2% more
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Manappuram Finance Deputy Manager Salary 3 - 10 years exp. (69 salaries)	₹3 L/yr - ₹6.5 L/yr 1% more
IIFL SAMASTA Deputy Manager Salary 3 - 11 years exp. (43 salaries)	₹3.7 L/yr - ₹9 L/yr 30% more
Arohan Financial Services Deputy Manager Salary 4 - 16 years exp. (43 salaries)	₹6 L/yr - ₹11 L/yr 65% more
Fusion Microfinance Deputy Manager Salary 4 - 11 years exp. (36 salaries)	₹4.5 L/yr - ₹12 L/yr 53% more
Tata Motors Finance Deputy Manager Salary 2 - 20 years exp. (25 salaries)	₹5.5 L/yr - ₹11 L/yr 71% more
SK Finance Limited Deputy Manager Salary 2 - 10 years exp. (22 salaries)	₹4 L/yr - ₹10.4 L/yr 28% more
Aditya Birla Finance Deputy Manager Salary 2 - 16 years exp. (21 salaries)	₹4.7 L/yr - ₹11.2 L/yr 53% more
CreditAccess Grameen Deputy Manager Salary 1 - 11 years exp. (18 salaries)	₹3.9 L/yr - ₹11.1 L/yr 64% more
Svatantra Microfin Deputy Manager Salary 3 - 8 years exp. (12 salaries)	₹8.7 L/yr - ₹15.7 L/yr 142% more

View all

Deputy Manager salary at Muthoot Microfin ranges between ₹2.9 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 35 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Deputy Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.9 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
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2 years (AmbitionBox Estimate)	₹3 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹8.5 L/yr
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹6 L/yr
5 years (5 salaries)	₹3 L/yr - ₹6 L/yr
6 years (5 salaries)	₹4 L/yr - ₹6 L/yr
7 years (4 salaries)	₹3.1 L/yr - ₹5.2 L/yr
8 years (4 salaries)	₹3.8 L/yr - ₹5.5 L/yr
9 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.5 L/yr
10 years (3 salaries)	₹4.2 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.8 L/yr
12 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.8 L/yr
13 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹8.5 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Team Manager Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Branch Manager Salary

(108 salaries)

₹2 L/yr - ₹4.5 L/yr

Area Manager Salary

(60 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Operations Manager Salary

(AmbitionBox Estimate)

₹3 L/yr - ₹3.8 L/yr

Deputy Manager Grade 2 Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Team Lead Salary

(6 salaries)

₹2.85 L/yr - ₹3.31 L/yr

Senior Operations Manager Salary

(AmbitionBox Estimate)

₹5.2 L/yr - ₹6.7 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

₹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

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Muthoot Microfin Deputy Manager Salary FAQs

What is the salary of Deputy Manager at Muthoot Microfin ?

The average salary of a Deputy Manager at Muthoot Microfin in India typically ranges from ₹2.9 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Deputy Manager at Muthoot Microfin earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Deputy 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 30+ Muthoot Microfin employees in India.

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 in India typically ranges from ₹35,288 to ₹36,524 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 13 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 30+ 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 Manager at Muthoot Microfin ?

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

- Analytical skills
- Communication Skills
- Operations
- Credit Risk
- Risk 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 Deputy Manager in India?

Svatantra Microfin	₹8.7 Lakhs to ₹15.7 Lakhs per year
TVS Credit	₹4.5 Lakhs to ₹18.0 Lakhs per year
Tata Motors Finance	₹5.5 Lakhs to ₹11.0 Lakhs per year
Arohan Financial Services	₹6.0 Lakhs to ₹11.0 Lakhs per year
CreditAccess Grameen	₹3.9 Lakhs to ₹11.1 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 Deputy Manager in companies similar to Muthoot Microfin in India?

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

L&T Finance	₹7.0 Lakhs to ₹9.0 Lakhs per year
Spandana Sphoorty Financial	₹6.7 Lakhs to ₹8.4 Lakhs per year
Aditya Birla Finance	₹4.7 Lakhs to ₹11.2 Lakhs per year
Fusion Microfinance	₹4.5 Lakhs to ₹12.0 Lakhs per year
Mahindra Finance	₹4.0 Lakhs to ₹12.0 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 Deputy Manager at Muthoot Microfin in India?

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

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹5.5 Lakhs per year
1 year	₹4.2 Lakhs to ₹5.4 Lakhs per year
2 years	₹3.0 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.9 Lakhs to ₹8.5 Lakhs per year

and so on.

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Muthoot Microfin Deputy Manager Salaries

Muthoot Microfin Deputy Manager salary in India ranges between ₹2.9 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.