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4.2

based on 900 Reviews

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Muthoot Microfin Salaries in India (Updated 2025)

based on 2.4k latest salaries
Explore Salaries by Departments
Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs

HR Assistant

0 - 6 years exp. (3 salaries)
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₹2.3 L/yr - ₹2.9 L/yr

Senior Software Engineer

4 - 6 years exp. (3 salaries)
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₹4.2 L/yr - ₹14 L/yr

Infrastructure Engineer

1 - 3 years exp. (3 salaries)
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₹2.5 L/yr - ₹2.8 L/yr

Assistant Manager - Audit

2 - 5 years exp. (3 salaries)
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₹2.3 L/yr - ₹3.4 L/yr

State Head

11 - 23 years exp. (3 salaries)
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₹10 L/yr - ₹21 L/yr

Banking Assistant

2 - 6 years exp. (3 salaries)
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₹2.3 L/yr - ₹4.3 L/yr

Junior Programmer

2 - 4 years exp. (3 salaries)
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₹2.2 L/yr - ₹3.4 L/yr

Assistant Manager MIS

8 - 10 years exp. (3 salaries)
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₹5.4 L/yr - ₹6.9 L/yr

Store Officer

1 - 6 years exp. (3 salaries)
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₹1.8 L/yr - ₹2.1 L/yr

Software Engineer

4 - 5 years exp. (3 salaries)
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₹2.9 L/yr - ₹17.5 L/yr

Data Analyst

1 - 3 years exp. (3 salaries)
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₹3.4 L/yr - ₹5 L/yr

Chief Manager - HR

10 - 12 years exp. (3 salaries)
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₹7.4 L/yr - ₹13 L/yr

Manager M1

7 - 15 years exp. (3 salaries)
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₹4.1 L/yr - ₹5.5 L/yr

Deputy Manager Training

2 years exp. (3 salaries)
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₹4.6 L/yr - ₹5.9 L/yr

Finance Assistant

0 - 2 years exp. (3 salaries)
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₹2 L/yr - ₹7.5 L/yr

Regional Training Manager

8 - 9 years exp. (3 salaries)
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₹3.6 L/yr - ₹4.9 L/yr

Area Operation Manager

1 - 11 years exp. (3 salaries)
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₹3.6 L/yr - ₹6.6 L/yr

Risk Containment Unit

2 - 3 years exp. (3 salaries)
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₹1.2 L/yr - ₹2.3 L/yr

Customer Relation Officer

0 - 2 years exp. (3 salaries)
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₹1.7 L/yr - ₹3 L/yr

Legal Assistant

0 - 1 year exp. (3 salaries)
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₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 6 Apr, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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works at
Georgia-Pacific
New offer. Confused.
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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Salary related reviews for Muthoot Microfin

4.0

Rated by 900 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.

read more
  • 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.

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

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

read more

Dislikes

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

read more
  • 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.

read more
  • 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

read more
  • Promotions - Bad
see more salary related reviews

Muthoot Microfin interview questions by designations

Relationship Officer (6)Area Manager (4)Branch Manager (3)Branch Credit Manager (3)
View all 37 interview experiences
More about working at Muthoot Microfin
golden leaf award

#11 Best Mid-Sized Company

golden leaf awardgolden leaf award

#3 Best Mid-Sized Financial Services Company - 2022

golden leaf award

Muthoot Microfin Salary FAQs

How much does Muthoot Microfin pay to its employees?
The average annual salary at Muthoot Microfin varies depending on the role, experience, and location. The salary ranges for some popular designations at Muthoot Microfin, are as follows:

HR Assistant ₹2.3 Lakhs to ₹2.9 Lakhs per year
Senior Software Engineer ₹4.2 Lakhs to ₹14 Lakhs per year
Infrastructure Engineer ₹2.5 Lakhs to ₹2.8 Lakhs per year
Assistant Manager - Audit ₹2.3 Lakhs to ₹3.4 Lakhs per year

The highest-paying role, Deputy Vice President, earns between ₹24 Lakhs to ₹40 Lakhs per year. The top 10% of employees earn more than ₹7.1 Lakhs per year, and the top 1% earn over ₹30 Lakhs per year. 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 salary estimates are based on data from 2.4k salaries submitted by Muthoot Microfin employees. Muthoot Microfin is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Muthoot Microfin in India?
The salary of a fresher at Muthoot Microfin in India typically ranges from ₹1.4 Lakh to ₹6.5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Officer Salary ₹1.5 Lakhs to ₹3.2 Lakhs per year
Fresher as a Branch Credit Manager Salary ₹2.2 Lakhs to ₹3.1 Lakhs per year
Fresher as a Internal Auditor Salary ₹1.9 Lakhs to ₹3 Lakhs per year
Fresher as a Credit Officer Salary ₹1.4 Lakhs to ₹2.2 Lakhs per year

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Muthoot Microfin Salaries by Location

Average annual salary in Muthoot Microfin is INRunlock blur . Salary estimates are based on 2300+ Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

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