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Muthoot Microfin Divisional Manager salaries in India (Updated 2025)

Annual salary range
6 - 13 years exp.
₹3.5 Lakhs - ₹7 Lakhs
Salary of majority employees
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68% less than the average Divisional Manager Salary in NBFC Companies for 6 - 13 years of experience

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Salaries in different departments

Sales & Business Development
Divisional Manager Salary
6 - 13 years exp. (14 salaries)
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₹4.4 L/yr - ₹7 L/yr

BFSI, Investments & Trading
Divisional Manager Salary
7 - 13 years exp. (9 salaries)
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₹4.4 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Divisional Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.5 L/yr

Engineering - Hardware & Networks
Divisional Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹5.7 L/yr

Finance & Accounting
Divisional Manager Salary
8 - 12 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹5.5 L/yr

Last Updated: 18 Mar 2025

Companies similar to Muthoot Microfin for Divisional Manager

Company name Avg Annual Salary Open Jobs
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Mahindra Finance Divisional Manager Salary

9 - 22 years exp. (215 salaries)

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₹7.2 L/yr - ₹26 L/yr

arrow icon 205% more
1 job opening
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₹5.6 L/yr - ₹15.2 L/yr

arrow icon 63% more
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IIFL SAMASTA Divisional Manager Salary

0 - 14 years exp. (73 salaries)

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₹6 L/yr - ₹10.2 L/yr

arrow icon 41% more
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Asirvad Microfinance Divisional Manager Salary

6 - 15 years exp. (29 salaries)

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₹3.8 L/yr - ₹7.2 L/yr

arrow icon 7% more
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Shriram Finance Divisional Manager Salary

9 - 17 years exp. (26 salaries)

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₹3.3 L/yr - ₹8.5 L/yr

arrow icon 6% more
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Fusion Microfinance Divisional Manager Salary

8 - 15 years exp. (25 salaries)

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₹6 L/yr - ₹8.5 L/yr

arrow icon 29% more
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₹4.8 L/yr - ₹10 L/yr

arrow icon 17% more
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IIFL Finance Divisional Manager Salary

5 - 11 years exp. (8 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 5% less
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Svatantra Microfin Divisional Manager Salary

7 - 18 years exp. (8 salaries)

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₹6.6 L/yr - ₹21 L/yr

arrow icon 151% more
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L&T Finance Divisional Manager Salary

1 - 16 years exp. (7 salaries)

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₹6.4 L/yr - ₹15.7 L/yr

arrow icon 136% more
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Muthoot Fincorp Divisional Manager Salary

2 - 12 years exp. (5 salaries)

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₹3.6 L/yr - ₹8.7 L/yr

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₹5.5 L/yr - ₹6.1 L/yr

arrow icon 1% more
Divisional Manager salary at Muthoot Microfin ranges between ₹3.5 Lakhs to ₹7 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 37 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Divisional Manager

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Experience wise Muthoot Microfin Divisional Manager salaries

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
6 years  (3 salaries)

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₹4.4 L/yr - ₹9.8 L/yr
7 years  (6 salaries)

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₹4.3 L/yr - ₹6.6 L/yr
8 years  (8 salaries)

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₹4.3 L/yr - ₹7 L/yr
9 years  (5 salaries)

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₹2.2 L/yr - ₹6.6 L/yr
10 years  (8 salaries)

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₹3.5 L/yr - ₹7 L/yr
View all

Similar Designation salaries in Muthoot Microfin

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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
(58 salaries)
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₹2.15 L/yr - ₹5.55 L/yr
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₹1.2 L/yr - ₹2.43 L/yr
Deputy Manager Salary
(35 salaries)
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₹2.9 L/yr - ₹6 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
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₹4 L/yr - ₹6.5 L/yr
Sales Officer Salary
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr
Team Lead Salary
(6 salaries)
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₹2.85 L/yr - ₹3.31 L/yr

Top skills at Muthoot Microfin for Divisional Manager

Training Management Process Training Product Training Branch Operations Team Handling Training Coordination Operations Management Branch Management Excel Microfinance Capacity Building Branch Handling Induction New Product Learning

Salary related reviews for Muthoot Microfin

4.5

Rated by 20 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.

read more
  • 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

read more
  • Promotions - Bad
see more salary related reviews

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Muthoot Microfin Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Muthoot Microfin ?
The average salary of a Divisional Manager at Muthoot Microfin in India typically ranges from ₹3.5 Lakhs to ₹7.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Divisional Manager at Muthoot Microfin earn more than ₹6.8 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Divisional 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 Divisional Manager at Muthoot Microfin in India?
The estimated take-home salary of a Divisional Manager at Muthoot Microfin in India typically ranges from ₹42,062 to ₹43,197 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from 6 years 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 Divisional Manager at Muthoot Microfin ?
To be a Divisional Manager at Muthoot Microfin in india, the key skills required include:

  • - Training Management
  • - Process Training
  • - Product Training
  • - Branch Operations
  • - Team Handling

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 Divisional Manager in India?
Mahindra Finance ₹7.2 Lakhs to ₹26.0 Lakhs per year
Svatantra Microfin ₹6.6 Lakhs to ₹21.0 Lakhs per year
L&T Finance ₹6.4 Lakhs to ₹15.7 Lakhs per year
Bharat Financial Inclusion ₹5.6 Lakhs to ₹15.2 Lakhs per year
IIFL SAMASTA ₹6.0 Lakhs to ₹10.2 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 Divisional Manager in companies similar to Muthoot Microfin in India?
The salary of a Divisional Manager 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 ₹6.0 Lakhs to ₹8.5 Lakhs per year
Spandana Sphoorty Financial ₹4.8 Lakhs to ₹10.0 Lakhs per year
Asirvad Microfinance ₹3.8 Lakhs to ₹7.2 Lakhs per year
Shriram Finance ₹3.3 Lakhs to ₹8.5 Lakhs per year
Satin Creditcare Network ₹5.5 Lakhs to ₹6.1 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 Divisional Manager at Muthoot Microfin in India?
The salary growth for a Divisional Manager at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Divisional Manager can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
6 years ₹4.4 Lakhs to ₹9.8 Lakhs per year
7 years ₹4.3 Lakhs to ₹6.6 Lakhs per year
8 years ₹4.3 Lakhs to ₹7.0 Lakhs per year
9 years ₹2.2 Lakhs to ₹6.6 Lakhs per year
and so on.

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Muthoot Microfin Divisional Manager salary in India ranges between ₹3.5 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 37 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.