Muthoot Microfin HR Manager Salaries by 10+ Employees (Updated 2025)

3 - 14 years exp.

₹3 Lakhs - ₹6.2 Lakhs

Salary of majority employees

55% less than the average HR Manager Salary in NBFC Companies for 3 - 14 years of experience

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Last Updated: 16 Feb 2025

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Bajaj Finance HR Manager Salary 2 - 6 years exp. (34 salaries)	₹6.1 L/yr - ₹15.5 L/yr 107% more	6 job openings
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Muthoot Finance HR Manager Salary 2 - 11 years exp. (10 salaries)	₹2.8 L/yr - ₹9 L/yr 17% less
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HR Manager salary at Muthoot Microfin ranges between ₹3 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 14 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin HR Manager salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.5 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.7 L/yr
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5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.5 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
13 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
14 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Assistant Manager- HR Salary

(23 salaries)

₹2.7 L/yr - ₹4 L/yr

Deputy Manager HR Salary

(15 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Senior Manager-HR Salary

(7 salaries)

₹8.05 L/yr - ₹9.88 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

Salary related reviews for Muthoot Microfin

4.5

Rated by 8 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

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Muthoot Microfin HR Manager Salary FAQs

What is the salary of HR Manager at Muthoot Microfin?

HR Manager salary at Muthoot Microfin in India ranges between ₹3.0 Lakhs to ₹6.2 Lakhs for experience between 3 years to 14 years. According to our estimates it is 55% less than the average HR Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Microfin India.

How does the salary of a HR Manager at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a HR Manager at Muthoot Microfin is 55% less than the average salary of a HR Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Microfin to a HR Manager in India?

Mahindra Finance HR Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
Home Credit Finance HR Manager Salary - ₹6.3 Lakhs to ₹17.8 Lakhs per year
TVS Credit HR Manager Salary - ₹8.2 Lakhs to ₹15.0 Lakhs per year
Bajaj Finance HR Manager Salary - ₹6.1 Lakhs to ₹15.5 Lakhs per year
Tata Motors Finance HR Manager Salary - ₹6.0 Lakhs to ₹12.5 Lakhs per year

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

SMFG India Credit HR Manager Salary - ₹6.0 Lakhs to ₹14.1 Lakhs per year
L&T Finance HR Manager Salary - ₹6.5 Lakhs to ₹14.0 Lakhs per year
IIFL SAMASTA HR Manager Salary - ₹6.7 Lakhs to ₹12.0 Lakhs per year
IIFL Finance HR Manager Salary - ₹6.0 Lakhs to ₹12.0 Lakhs per year
Aye Finance HR Manager Salary - ₹6.0 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a HR Manager at Muthoot Microfin ranges between ₹38,013 per month to ₹39,208 per month in India. The take-home salary calculation is based on the average Muthoot Microfin HR Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.2 Lakhs per year for employees with experience between 3 years to 14 years. Check how did we calculate take home salary?

What is the notice period for HR Manager at Muthoot Microfin?

According to AmbitionBox, 83% of the Muthoot Microfin HR Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Muthoot Microfin HR Manager Salaries

Muthoot Microfin HR Manager salary in India ranges between ₹3 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.