Muthoot Microfin Management Trainee Salaries by 5 Employees (Updated 2025)

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₹4 Lakhs - ₹6.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

43% less than the average Management Trainee Salary in NBFC Companies for Fresher

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Salaries in different departments

Finance & Accounting Management Trainee Salary Fresher (3 salaries)	₹4 L/yr - ₹5 L/yr
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BFSI, Investments & Trading Management Trainee Salary Fresher (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr

Last Updated: 15 Jan 2025

Companies similar to Muthoot Microfin for Management Trainee

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Management Trainee Salary 0 - 2 years exp. (228 salaries)	₹2.1 L/yr - ₹3.5 L/yr 26% less	2 job openings
HDB Financial Services Management Trainee Salary 0 - 1 year exp. (227 salaries)	₹3 L/yr - ₹6 L/yr 2% less
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SMFG India Credit Management Trainee Salary 0 - 4 years exp. (79 salaries)	₹3.8 L/yr - ₹13.1 L/yr 89% more
IIFL Finance Management Trainee Salary 0 - 2 years exp. (57 salaries)	₹17 L/yr - ₹30 L/yr 309% more
TVS Credit Management Trainee Salary 0 - 2 years exp. (46 salaries)	₹7 L/yr - ₹13.5 L/yr 202% more
Aditya Birla Finance Management Trainee Salary 0 - 3 years exp. (40 salaries)	₹3 L/yr - ₹10.8 L/yr 39% more
Mahindra Finance Management Trainee Salary 0 - 4 years exp. (32 salaries)	₹4 L/yr - ₹10.4 L/yr 79% more
Bajaj Finance Management Trainee Salary 0 - 3 years exp. (13 salaries)	₹3.1 L/yr - ₹10 L/yr 72% more
Muthoot Finance Management Trainee Salary 0 - 2 years exp. (12 salaries)	₹3 L/yr - ₹6 L/yr 7% less	2 job openings
Muthoot Fincorp Management Trainee Salary 0 - 4 years exp. (10 salaries)	₹2.4 L/yr - ₹4.9 L/yr 10% less
Spandana Sphoorty Financial Management Trainee Salary 0 - 1 year exp. (11 salaries)	₹4.8 L/yr - ₹10 L/yr 107% more
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L&T Finance Management Trainee Salary 0 - 3 years exp. (9 salaries)	₹3.6 L/yr - ₹11 L/yr 90% more
Bharat Financial Inclusion Management Trainee Salary Fresher (8 salaries)	₹6.8 L/yr - ₹7.5 L/yr 74% more
Fusion Microfinance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹3 L/yr - ₹7.5 L/yr 6% less
Tata Motors Finance Management Trainee Salary 0 - 1 year exp. (7 salaries)	₹5 L/yr - ₹6 L/yr 21% more
Veritas Finance Management Trainee Salary 0 - 1 year exp. (6 salaries)	₹4.1 L/yr - ₹4.2 L/yr 1% less
Annapurna Finance Management Trainee Salary 0 - 1 year exp. (8 salaries)	₹3.5 L/yr - ₹8.1 L/yr 46% more
Mahindra Rural Housing Finance Management Trainee Salary 0 - 3 years exp. (5 salaries)	₹3 L/yr - ₹4 L/yr 9% less
CreditAccess Grameen Management Trainee Salary Fresher (5 salaries)	₹3.5 L/yr - ₹7 L/yr 34% more
Satin Creditcare Network Management Trainee Salary 0 - 1 year exp. (4 salaries)	₹3.3 L/yr - ₹9 L/yr 20% more

View all

Management Trainee salary at Muthoot Microfin ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Management Trainee salaries

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹4 L/yr - ₹6.5 L/yr
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Similar Designation salaries in Muthoot Microfin

Finance Executive Salary

(8 salaries)

₹1.55 L/yr - ₹3.2 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Team Lead Salary

(6 salaries)

₹2.85 L/yr - ₹3.31 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Accounts Officer Salary

(7 salaries)

₹3 L/yr - ₹3.74 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

107 participants . expiring in 16h

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Muthoot Microfin Management Trainee Salary FAQs

What is the salary of Management Trainee at Muthoot Microfin ?

The average salary of a Management Trainee at Muthoot Microfin in India typically ranges from ₹4.0 Lakhs to ₹6.5 Lakhs per year, depending on experience (from Fresher to 0 year).

The top 10% of Management Trainee at Muthoot Microfin earn more than ₹6.5 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Management Trainee 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 Management Trainee at Muthoot Microfin in India?

The estimated take-home salary of a Management Trainee at Muthoot Microfin in India typically ranges from ₹31,022 to ₹32,321 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from Fresher to 0 year.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.

Which companies offer higher salaries than Muthoot Microfin for Management Trainee in India?

IIFL Finance	₹17.0 Lakhs to ₹30.0 Lakhs per year
TVS Credit	₹7.0 Lakhs to ₹13.5 Lakhs per year
Aye Finance	₹10.0 Lakhs to ₹13.0 Lakhs per year
Home Credit Finance	₹9.0 Lakhs to ₹11.0 Lakhs per year
Manappuram Finance	₹7.4 Lakhs to ₹15.0 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 Management Trainee in companies similar to Muthoot Microfin in India?

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

Spandana Sphoorty Financial	₹4.8 Lakhs to ₹10.0 Lakhs per year
L&T Finance	₹3.6 Lakhs to ₹11.0 Lakhs per year
SMFG India Credit	₹3.8 Lakhs to ₹13.1 Lakhs per year
Mahindra Finance	₹4.0 Lakhs to ₹10.4 Lakhs per year
Bharat Financial Inclusion	₹6.8 Lakhs to ₹7.5 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 Management Trainee at Muthoot Microfin in India?

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

Experience	Average Salary Range
Fresher	₹4.0 Lakhs to ₹6.5 Lakhs per year

and so on.

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Muthoot Microfin Management Trainee Salaries

Muthoot Microfin Management Trainee salary in India ranges between ₹4 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.