Muthoot Microfin Relationship Manager Salaries by 5 Employees (Updated 2025)

0 - 4 years exp.

₹1.2 Lakh - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

54% less than the average Relationship Manager Salary in NBFC Companies for 0 - 4 years of experience

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Last Updated: 17 Mar 2023

Companies similar to Muthoot Microfin for Relationship Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Relationship Manager Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹3.5 L/yr 12% more
Satin Creditcare Network Relationship Manager Salary 3 - 5 years exp. (6 salaries)	₹3 L/yr - ₹4 L/yr 42% more
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Spandana Sphoorty Financial Relationship Manager Salary 2 - 3 years exp. (5 salaries)	₹1.8 L/yr - ₹3.2 L/yr At par
Equitas Small Finance Bank Relationship Manager Salary 0 - 8 years exp. (200 salaries)	₹1.4 L/yr - ₹8.1 L/yr 49% more	21 job openings
Jana Small Finance Bank Relationship Manager Salary 0 - 11 years exp. (455 salaries)	₹1.3 L/yr - ₹7 L/yr 70% more	2 job openings
Svatantra Microfin Relationship Manager Salary 1 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹3 L/yr At par
Annapurna Finance Relationship Manager Salary 1 - 6 years exp. (9 salaries)	₹2.3 L/yr - ₹4.7 L/yr 32% more
Utkarsh Small Finance Bank Relationship Manager Salary 2 - 9 years exp. (126 salaries)	₹2 L/yr - ₹7.6 L/yr 97% more	1 job opening
HDB Financial Services Relationship Manager Salary 0 - 9 years exp. (1.4k salaries)	₹1.4 L/yr - ₹4.8 L/yr 32% more	3 job openings
IIFL Finance Relationship Manager Salary 1 - 8 years exp. (439 salaries)	₹1.2 L/yr - ₹6 L/yr 39% more
Aditya Birla Finance Relationship Manager Salary 0 - 9 years exp. (157 salaries)	₹2.5 L/yr - ₹10.1 L/yr 120% more
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Shriram Finance Relationship Manager Salary 0 - 10 years exp. (161 salaries)	₹1.8 L/yr - ₹6.9 L/yr 53% more
IDFC FIRST Bharat Relationship Manager Salary 0 - 5 years exp. (145 salaries)	₹1.7 L/yr - ₹6.2 L/yr 13% more
IIFL SAMASTA Relationship Manager Salary 2 - 9 years exp. (104 salaries)	₹2 L/yr - ₹4.5 L/yr 37% more
Mahindra Finance Relationship Manager Salary 0 - 10 years exp. (96 salaries)	₹2.2 L/yr - ₹6 L/yr 59% more
SMFG India Credit Relationship Manager Salary 0 - 10 years exp. (349 salaries)	₹1.8 L/yr - ₹6.3 L/yr 68% more	1 job opening
Bajaj Finance Relationship Manager Salary 0 - 9 years exp. (86 salaries)	₹1.6 L/yr - ₹6.2 L/yr 79% more
L&T Finance Relationship Manager Salary 1 - 8 years exp. (61 salaries)	₹2.4 L/yr - ₹12 L/yr 189% more
Muthoot Fincorp Relationship Manager Salary 1 - 9 years exp. (46 salaries)	₹2.1 L/yr - ₹4.5 L/yr 36% more	9 job openings
Mahindra Rural Housing Finance Relationship Manager Salary 1 - 5 years exp. (39 salaries)	₹2.5 L/yr - ₹4 L/yr 49% more

View all

Relationship Manager salary at Muthoot Microfin ranges between ₹1.2 Lakh to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Relationship Manager salaries

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.2 L/yr - ₹4 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.1 L/yr
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2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
3 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.2 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.3 L/yr

Similar Designation salaries in Muthoot Microfin

Relationship Officer Salary

(219 salaries)

₹1.3 L/yr - ₹3.51 L/yr

Branch Manager Salary

(96 salaries)

₹2 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(33 salaries)

₹2.9 L/yr - ₹7.88 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Area Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Area Manager Salary

(61 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹3.8 L/yr - ₹4.8 L/yr

Assistant Sales Manager Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Sales Coordinator Salary

(4 salaries)

₹1.5 L/yr - ₹2 L/yr

Sales Officer Salary

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₹2.4 L/yr - ₹3 L/yr

Salary related reviews for Muthoot Microfin

4.3

Rated by 6 employees for salary & benefits

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

Relationship Officer in Aluva

Operations Department

4.0

• posted on 21 May 2022

3.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent.company policies are better and also the salary package is good.

Skill development - Good

+4 more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

Relationship Officer in Kundapura

Other Department

5.0

• posted on 19 Apr 2021

3.0

for Salary and Benefits

Likes

Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is bond of 3years before which cannot resign

Relationship Officer in Nimbahera

BFSI, Investments & Trading Department

1.0

• posted on 08 Aug 2021

1.0

for Salary and Benefits

Likes

I don't like anything

Company culture - Excellent

Dislikes

Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

Salary - Bad

+4 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.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Microfin Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Muthoot Microfin?

Relationship Manager salary at Muthoot Microfin in India ranges between ₹1.2 Lakhs to ₹2.4 Lakhs for less than 1 year of experience to 4 years. According to our estimates it is 54% less than the average Relationship Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Relationship Manager at Muthoot Microfin is 54% less than the average salary of a Relationship Manager in India. To know exact salary insights, login to view.

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

Tata Motors Finance Relationship Manager Salary - ₹5.9 Lakhs to ₹17.2 Lakhs per year
L&T Finance Relationship Manager Salary - ₹2.4 Lakhs to ₹12.0 Lakhs per year
Home Credit Finance Relationship Manager Salary - ₹5.0 Lakhs to ₹6.4 Lakhs per year
Aditya Birla Finance Relationship Manager Salary - ₹2.5 Lakhs to ₹10.1 Lakhs per year
TVS Credit Relationship Manager Salary - ₹2.5 Lakhs to ₹8.5 Lakhs per year

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

Utkarsh Small Finance Bank Relationship Manager Salary - ₹2.0 Lakhs to ₹7.6 Lakhs per year
Bajaj Finance Relationship Manager Salary - ₹1.6 Lakhs to ₹6.2 Lakhs per year
Jana Small Finance Bank Relationship Manager Salary - ₹1.3 Lakhs to ₹7.0 Lakhs per year
SMFG India Credit Relationship Manager Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
Manappuram Finance Relationship Manager Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Relationship Manager at Muthoot Microfin ranges between ₹16,218 per month to ₹17,891 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Relationship Manager salary in India which ranges between ₹1.2 Lakhs to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 4 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Microfin Relationship Managers reported a notice period of 1 Month, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Relationship Manager Salaries

Muthoot Microfin Relationship Manager salary in India ranges between ₹1.2 Lakh to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.