Muthoot Microfin Deputy Vice President Salaries by 5 Employees (Updated 2025)

16 - 22 years exp.

₹24 Lakhs - ₹40 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Deputy Vice President Salary in NBFC Companies for 16 - 22 years of experience

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Salaries in different departments

Sales & Business Development Deputy Vice President Salary 18 - 19 years exp. (AmbitionBox Estimate)	₹36 L/yr - ₹44 L/yr
BFSI, Investments & Trading Deputy Vice President Salary 22 years exp. (AmbitionBox Estimate)	₹21.6 L/yr - ₹26.4 L/yr
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Human Resources Deputy Vice President Salary 16 years exp. (AmbitionBox Estimate)	₹30.2 L/yr - ₹37 L/yr
IT & Information Security Deputy Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹27.2 L/yr - ₹33.2 L/yr

Last Updated: 2 Jan 2025

Companies similar to Muthoot Microfin for Deputy Vice President

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Deputy Vice President Salary 8 - 17 years exp. (12 salaries)	₹27.7 L/yr - ₹48 L/yr 4% more
IIFL Finance Deputy Vice President Salary 12 - 21 years exp. (10 salaries)	₹16.8 L/yr - ₹34 L/yr 23% less
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Muthoot Fincorp Deputy Vice President Salary 18 - 23 years exp. (5 salaries)	₹25 L/yr - ₹38 L/yr 7% less
Satin Creditcare Network Deputy Vice President Salary 13 - 17 years exp. (5 salaries)	₹20.5 L/yr - ₹24 L/yr 32% less
TVS Credit Deputy Vice President Salary 3 - 21 years exp. (5 salaries)	₹55 L/yr - ₹80 L/yr 102% more
Aye Finance Deputy Vice President Salary 11 - 17 years exp. (4 salaries)	₹22 L/yr - ₹40 L/yr 4% less
Mahindra Rural Housing Finance Deputy Vice President Salary 14 - 21 years exp. (4 salaries)	₹27.5 L/yr - ₹40 L/yr 4% more
Shriram Finance Deputy Vice President Salary 10 - 20 years exp. (4 salaries)	₹24 L/yr - ₹35 L/yr 16% less
Tata Motors Finance Deputy Vice President Salary 13 - 22 years exp. (4 salaries)	₹38 L/yr - ₹56 L/yr 44% more
SK Finance Limited Deputy Vice President Salary 14 - 24 years exp. (3 salaries)	₹21 L/yr - ₹34 L/yr 13% less

Deputy Vice President salary at Muthoot Microfin ranges between ₹24 Lakhs to ₹40 Lakhs per year for employees with experience between 16 years to 22 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Deputy Vice President salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
15+ years (5 salaries)	₹24 L/yr - ₹40 L/yr
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Similar Designation salaries in Muthoot Microfin

Associate Vice President Salary

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Deputy Manager Salary

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Regional Head Salary

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₹5.9 L/yr - ₹7.5 L/yr

Cluster Head Salary

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₹8.1 L/yr - ₹10.4 L/yr

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₹3.4 L/yr - ₹4.4 L/yr

Senior Branch Manager Salary

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₹3 L/yr - ₹4 L/yr

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₹5 L/yr - ₹11.15 L/yr

Branch Manager Salary

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₹2 L/yr - ₹4.5 L/yr

Area Sales Manager Salary

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₹4 L/yr - ₹6.5 L/yr

Top skills at Muthoot Microfin for Deputy Vice President

Equity Strategy Financial Research Fund Raising Private Equity Investment Analysis Financial Planning Investor relations Investment Research Equity Research Public Issue IPO Management

Salary related reviews for Muthoot Microfin

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Microfin Deputy Vice President Salary FAQs

What is the salary of Deputy Vice President at Muthoot Microfin ?

The average salary of a Deputy Vice President at Muthoot Microfin in India typically ranges from ₹24.0 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 16 years to 22 years).

The top 10% of Deputy Vice President at Muthoot Microfin earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Deputy Vice President 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 5 Muthoot Microfin employees in India.

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

The estimated take-home salary of a Deputy Vice President at Muthoot Microfin in India typically ranges from ₹1,99,746 to ₹2,07,640 per month. This is based on the average salary range of ₹24.0 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 16 years to 22 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 5 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 Vice President at Muthoot Microfin ?

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

- Equity Strategy
- Financial Research
- Fund Raising
- Private Equity
- Investment Analysis

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 Vice President in India?

TVS Credit	₹55.0 Lakhs to ₹80.0 Lakhs per year
Tata Motors Finance	₹38.0 Lakhs to ₹56.0 Lakhs per year
Mahindra Rural Housing Finance	₹27.5 Lakhs to ₹40.0 Lakhs per year
Mahindra Finance	₹27.7 Lakhs to ₹48.0 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 Vice President in companies similar to Muthoot Microfin in India?

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

Aye Finance	₹22.0 Lakhs to ₹40.0 Lakhs per year
Muthoot Fincorp	₹25.0 Lakhs to ₹38.0 Lakhs per year
SK Finance Limited	₹21.0 Lakhs to ₹34.0 Lakhs per year
Shriram Finance	₹24.0 Lakhs to ₹35.0 Lakhs per year
IIFL Finance	₹16.8 Lakhs to ₹34.0 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 Vice President at Muthoot Microfin in India?

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

Experience	Average Salary Range
15 years	₹24.0 Lakhs to ₹40.0 Lakhs per year

and so on.

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Muthoot Microfin Deputy Vice President Salaries

Muthoot Microfin Deputy Vice President salary in India ranges between ₹24 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.