Muthoot Microfin Deputy Manager HR Salaries by 10+ Employees

4 - 7 years exp.

₹2.5 Lakhs - ₹5.5 Lakhs

Salary of majority employees

59% less than the average Deputy Manager HR Salary in NBFC Companies for 4 - 7 years of experience

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Last Updated: 1 Aug 2024

Companies similar to Muthoot Microfin for Deputy Manager HR

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Deputy Manager HR Salary 2 - 8 years exp. (48 salaries)	₹5 L/yr - ₹12 L/yr 86% more
Satin Creditcare Network Deputy Manager HR Salary 6 - 12 years exp. (36 salaries)	₹4.3 L/yr - ₹6.7 L/yr 40% more
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Annapurna Finance Deputy Manager HR Salary 2 - 9 years exp. (29 salaries)	₹3.8 L/yr - ₹7.1 L/yr 36% more
HDB Financial Services Deputy Manager HR Salary 3 - 10 years exp. (23 salaries)	₹5.3 L/yr - ₹8 L/yr 73% more
TVS Credit Deputy Manager HR Salary 1 - 14 years exp. (20 salaries)	₹7 L/yr - ₹13 L/yr 131% more
Fusion Microfinance Deputy Manager HR Salary 4 - 14 years exp. (15 salaries)	₹4.8 L/yr - ₹9.9 L/yr 77% more
Muthoot Finance Deputy Manager HR Salary 5 - 12 years exp. (15 salaries)	₹4 L/yr - ₹8 L/yr 45% more
CreditAccess Grameen Deputy Manager HR Salary 5 - 14 years exp. (12 salaries)	₹4.2 L/yr - ₹7.6 L/yr 33% more
SK Finance Limited Deputy Manager HR Salary 5 - 13 years exp. (9 salaries)	₹5.5 L/yr - ₹8.7 L/yr 64% more
Shriram Finance Deputy Manager HR Salary 6 - 16 years exp. (8 salaries)	₹4 L/yr - ₹6 L/yr 16% more
IIFL Finance Deputy Manager HR Salary 2 - 8 years exp. (7 salaries)	₹3.5 L/yr - ₹12.2 L/yr 71% more
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Mahindra Rural Housing Finance Deputy Manager HR Salary 1 - 13 years exp. (7 salaries)	₹4.5 L/yr - ₹6.5 L/yr 45% more
Arohan Financial Services Deputy Manager HR Salary 6 - 11 years exp. (7 salaries)	₹6.8 L/yr - ₹7.7 L/yr 82% more
Bajaj Finance Deputy Manager HR Salary 0 - 8 years exp. (7 salaries)	₹5.3 L/yr - ₹13 L/yr 126% more	1 job opening
IIFL SAMASTA Deputy Manager HR Salary 5 - 12 years exp. (6 salaries)	₹6.5 L/yr - ₹7 L/yr 66% more
Muthoot Fincorp Deputy Manager HR Salary 5 - 10 years exp. (6 salaries)	₹4.5 L/yr - ₹6.5 L/yr 44% more
Satin Finserv Deputy Manager HR Salary 6 - 11 years exp. (6 salaries)	₹4.4 L/yr - ₹6 L/yr 44% more
Svatantra Microfin Deputy Manager HR Salary 2 years exp. (4 salaries)	₹7 L/yr - ₹7.5 L/yr 78% more

Deputy Manager HR salary at Muthoot Microfin ranges between ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 15 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Deputy Manager HR salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
4 years (3 salaries)	₹2.5 L/yr - ₹4.8 L/yr
5 years (6 salaries)	₹3.1 L/yr - ₹4.8 L/yr
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6 years (5 salaries)	₹3.1 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹5.4 L/yr

Similar Designation salaries in Muthoot Microfin

Assistant Manager- HR Salary

(23 salaries)

₹2.7 L/yr - ₹4 L/yr

HR Manager Salary

(11 salaries)

₹3 L/yr - ₹6.2 L/yr

Senior Manager-HR Salary

(8 salaries)

₹8.05 L/yr - ₹11.8 L/yr

HR Officer Salary

(5 salaries)

₹2.7 L/yr - ₹4.3 L/yr

Regional HR Salary

(4 salaries)

₹3.8 L/yr - ₹4.4 L/yr

Assistant Manager Hrbp Salary

(4 salaries)

₹3.6 L/yr - ₹4 L/yr

Assistant Manager Administrator Salary

(4 salaries)

₹3.7 L/yr - ₹4.03 L/yr

Regional HR Manager Salary

(4 salaries)

₹4.2 L/yr - ₹8.76 L/yr

Assistant Manager HRD Salary

(4 salaries)

₹3 L/yr - ₹5.1 L/yr

HR Executive Salary

(4 salaries)

₹1.9 L/yr - ₹2.8 L/yr

Top skills at Muthoot Microfin for Deputy Manager HR

Recruitment HR Excel Sourcing Human Resource Management HR Generalist Activities NBFC Exit Formalities Microfinance Talent Acquisition Campus Hiring Bulk Hiring Staffing Mass Hiring mass recruitment

Salary related reviews for Muthoot Microfin

3.7

Rated by 4 employees for salary & benefits

Deputy Manager HR in New Delhi

Microfinance Department

5.0

• posted on 13 Oct 2018

2.0

for Salary and Benefits

Likes

No Career growth and very less salary... Very poor employees satisfaction

Skill development - Excellent

+2 more

Dislikes

Compensation is decent, but growth is very slow. To work pressure is very high.. I have work to 24 hours straight in a day as I have attend interview very late.Sr.AVP do not value an individual unique strength...overall in my department no any one supported ..

Salary - Poor

+3 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Microfin Deputy Manager HR Salary FAQs

What is the salary of Deputy Manager HR at Muthoot Microfin ?

The average salary of a Deputy Manager HR at Muthoot Microfin in India typically ranges from ₹2.5 Lakhs to ₹5.5 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Deputy Manager HR at Muthoot Microfin earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹5.5 Lakhs per year. Deputy Manager HR 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 10+ Muthoot Microfin employees in India.

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

The estimated take-home salary of a Deputy Manager HR at Muthoot Microfin in India typically ranges from ₹29,744 to ₹31,062 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.5 Lakhs per year for employees with experience ranging from 4 years to 7 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 10+ 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 HR at Muthoot Microfin ?

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

- Recruitment
- HR
- Excel
- Sourcing
- Human Resource 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 HR in India?

TVS Credit	₹7.0 Lakhs to ₹13.0 Lakhs per year
Bajaj Finance	₹5.3 Lakhs to ₹13.0 Lakhs per year
Mahindra Finance	₹5.0 Lakhs to ₹12.0 Lakhs per year
Arohan Financial Services	₹6.8 Lakhs to ₹7.7 Lakhs per year
Svatantra Microfin	₹7.0 Lakhs to ₹7.5 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.

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

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

Fusion Microfinance	₹4.8 Lakhs to ₹9.9 Lakhs per year
HDB Financial Services	₹5.3 Lakhs to ₹8.0 Lakhs per year
IIFL Finance	₹3.5 Lakhs to ₹12.2 Lakhs per year
IIFL SAMASTA	₹6.5 Lakhs to ₹7.0 Lakhs per year
SK Finance Limited	₹5.5 Lakhs to ₹8.7 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 HR at Muthoot Microfin in India?

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

Experience	Average Salary Range
4 years	₹2.5 Lakhs to ₹4.8 Lakhs per year
5 years	₹3.1 Lakhs to ₹4.8 Lakhs per year
6 years	₹3.1 Lakhs to ₹5.5 Lakhs per year
7 years	₹1.7 Lakhs to ₹5.4 Lakhs per year

and so on.

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Muthoot Microfin Deputy Manager HR Salaries

Muthoot Microfin Deputy Manager HR salary in India ranges between ₹2.5 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.