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Muthoot Microfin Divisional Manager salaries in Chennai

Annual salary range
10 - 13 years exp.
₹4.8 Lakhs - ₹6.5 Lakhs
Salary of majority employees
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71% less than the average Divisional Manager Salary in NBFC Companies for 10 - 13 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Divisional Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹6.5 L/yr

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

Last Updated: 11 Jan 2025

Companies similar to Muthoot Microfin for Divisional Manager in Chennai

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Muthoot Microfin Divisional Manager Salary

10 - 13 years exp. (4 salaries)

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₹4.8 L/yr - ₹6.5 L/yr

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Mahindra Finance Divisional Manager Salary

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₹17 L/yr - ₹27 L/yr

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Ashok Leyland Divisional Manager Salary

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₹18.7 L/yr - ₹45 L/yr

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₹20 L/yr - ₹32 L/yr

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₹16.6 L/yr - ₹31 L/yr

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₹8.8 L/yr - ₹27 L/yr

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Divisional Manager salary at Muthoot Microfin ranges between ₹4.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 10 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Divisional Manager in Chennai

1mo ago
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10 years exp.
2mo ago
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12 years exp.
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13 years exp.
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10 years exp.

Experience wise Muthoot Microfin Divisional Manager salaries in Chennai

Last Updated: 11 Jan 2025

Experience Avg Annual Salary
10 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹10.1 L/yr
13 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹10.2 L/yr

Similar Designation salaries in Muthoot Microfin

Branch Manager Salary
(11 salaries)
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₹2.45 L/yr - ₹4.5 L/yr
Area Manager Salary
(4 salaries)
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₹2.15 L/yr - ₹4.2 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

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

read more

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

read more
  • 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
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Muthoot Microfin Divisional Manager Salary FAQs

What is the salary of Divisional Manager at Muthoot Microfin Chennai?
Divisional Manager salary at Muthoot Microfin in Chennai ranges between ₹4.8 Lakhs to ₹6.5 Lakhs for experience between 10 years to 13 years. According to our estimates it is 71% less than the average Divisional Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin Chennai.
How does the salary of a Divisional Manager at Muthoot Microfin Chennai compare with the average salary range for this job?
The average salary of a Divisional Manager at Muthoot Microfin is 71% less than the average salary of a Divisional Manager in Chennai. To know exact salary insights, login to view.
What are the top skills required to work as a Divisional Manager at Muthoot Microfin?
Training Management, Process Training, Product Training, Branch Operations and Team Handling are some of the popular skills required to work as a Divisional Manager at Muthoot Microfin Chennai.
Which similar companies are paying more than Muthoot Microfin to a Divisional Manager in Chennai?
  • Ashok Leyland Divisional Manager Salary - ₹18.7 Lakhs to ₹45.0 Lakhs per year
  • Tractors and Farm Equipment Divisional Manager Salary - ₹16.6 Lakhs to ₹31.0 Lakhs per year
  • Daimler India Commercial Vehicles Divisional Manager Salary - ₹20.0 Lakhs to ₹32.0 Lakhs per year
  • Mahindra Finance Divisional Manager Salary - ₹17.0 Lakhs to ₹27.0 Lakhs per year
  • WayCool Foods and Products Divisional Manager Salary - ₹8.8 Lakhs to ₹27.0 Lakhs per year
What is the estimated take home salary of a Divisional Manager at Muthoot Microfin in Chennai?
The estimated take-home salary of a Divisional Manager at Muthoot Microfin ranges between ₹41,634 per month to ₹42,775 per month in Chennai. The take-home salary calculation is based on the average Muthoot Microfin Divisional Manager salary in India which ranges between ₹4.8 Lakhs to ₹6.5 Lakhs per year for employees with experience between 10 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Divisional Manager at Muthoot Microfin in Chennai?
According to AmbitionBox, 67% of the Muthoot Microfin Divisional Managers in Chennai reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Microfin Divisional Manager salary in Chennai ranges between ₹4.8 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.