Muthoot Microfin Senior Associate Vice President Salaries by 4 Employees (Updated 2025)

12 - 24 years exp.

₹19 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

30% less than the average Senior Associate Vice President Salary in NBFC Companies for 12 - 24 years of experience

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Salaries in different departments

Data Science & Analytics Senior Associate Vice President Salary 16 - 19 years exp. (AmbitionBox Estimate)	₹19 L/yr - ₹24 L/yr
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BFSI, Investments & Trading Senior Associate Vice President Salary 12 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹22 L/yr

Last Updated: 13 Feb 2025

Companies similar to Muthoot Microfin for Senior Associate Vice President

Company name	Avg Annual Salary	Open Jobs
Fusion Microfinance Senior Associate Vice President Salary 21 - 25 years exp. (3 salaries)	₹35 L/yr - ₹40 L/yr 74% more
Wells Fargo Senior Associate Vice President Salary 7 - 17 years exp. (133 salaries)	₹12.3 L/yr - ₹49.7 L/yr 37% more
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JPMorgan Chase & Co. Senior Associate Vice President Salary 9 - 17 years exp. (133 salaries)	₹16 L/yr - ₹40 L/yr 39% more
UTI Asset Management Company Senior Associate Vice President Salary 9 - 19 years exp. (29 salaries)	₹10.5 L/yr - ₹22 L/yr 21% less
EXL Service Senior Associate Vice President Salary 14 - 21 years exp. (22 salaries)	₹28.5 L/yr - ₹70 L/yr 128% more

Senior Associate Vice President salary at Muthoot Microfin ranges between ₹19 Lakhs to ₹24 Lakhs per year for employees with experience between 12 years to 24 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Associate Vice President salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹20 L/yr - ₹36.1 L/yr
13 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
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14 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
15+ years (3 salaries)	₹19 L/yr - ₹24 L/yr

Similar Designation salaries in Muthoot Microfin

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Senior Software Engineer Salary

(3 salaries)

₹4.2 L/yr - ₹14 L/yr

Senior Software Developer Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Software Engineer Salary

(3 salaries)

₹2.9 L/yr - ₹17.5 L/yr

Team Lead Salary

(6 salaries)

₹2.85 L/yr - ₹3.31 L/yr

Salary related reviews for Muthoot Microfin

3.0

Rated by 1 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.

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Microfin Senior Associate Vice President Salary FAQs

What is the salary of Senior Associate Vice President at Muthoot Microfin ?

The average salary of a Senior Associate Vice President at Muthoot Microfin in India typically ranges from ₹19.0 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 12 years to 24 years).

The top 10% of Senior Associate Vice President at Muthoot Microfin earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Senior Associate Vice President 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 4 Muthoot Microfin employees in India.

What is the estimated take home salary of a Senior Associate Vice President at Muthoot Microfin in India?

The estimated take-home salary of a Senior Associate Vice President at Muthoot Microfin in India typically ranges from ₹1,37,247 to ₹1,42,316 per month. This is based on the average salary range of ₹19.0 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 12 years to 24 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 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 Senior Associate Vice President in India?

EXL Service	₹28.5 Lakhs to ₹70.0 Lakhs per year
Fusion Microfinance	₹35.0 Lakhs to ₹40.0 Lakhs per year
JPMorgan Chase & Co.	₹16.0 Lakhs to ₹40.0 Lakhs per year
Wells Fargo	₹12.3 Lakhs to ₹49.7 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 Senior Associate Vice President in companies similar to Muthoot Microfin in India?

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

UTI Asset Management Company

₹10.5 Lakhs to ₹22.0 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 Senior Associate Vice President at Muthoot Microfin in India?

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

Experience	Average Salary Range
12 years	₹20.0 Lakhs to ₹36.1 Lakhs per year
13 years	₹18.2 Lakhs to ₹23.2 Lakhs per year
14 years	₹18.3 Lakhs to ₹23.4 Lakhs per year
15 years	₹19.0 Lakhs to ₹24.0 Lakhs per year

and so on.

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Muthoot Microfin Senior Associate Vice President Salaries

Muthoot Microfin Senior Associate Vice President salary in India ranges between ₹19 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.