Muthoot Microfin Senior Division Manager Salaries by Employees

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₹58.9 Lakhs - ₹65.1 Lakhs

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Last Updated: 29 May 2024

Companies similar to Muthoot Microfin for Senior Division Manager

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Fusion Microfinance Senior Division Manager Salary 9 - 13 years exp. (3 salaries)	₹7.5 L/yr - ₹9.1 L/yr 87% less
AU Small Finance Bank Senior Division Manager Salary 3 - 24 years exp. (18 salaries)	₹10 L/yr - ₹18 L/yr 78% less
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Cyient Senior Division Manager Salary 17 - 22 years exp. (14 salaries)	₹14 L/yr - ₹31.2 L/yr 67% less
Encore Capital Group Senior Division Manager Salary 18 - 20 years exp. (4 salaries)	₹24.5 L/yr - ₹32 L/yr 52% less

Senior Division Manager salary at Muthoot Microfin ranges between ₹58.9 Lakhs to ₹65.1 Lakhs per year for employees with 16 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Muthoot Microfin.

Similar Designation salaries in Muthoot Microfin

Production Manager Salary

(AmbitionBox Estimate)

₹55.4 L/yr - ₹61.2 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Mechanical Engineer Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Team Lead Salary

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₹2.85 L/yr - ₹3.31 L/yr

Production Supervisor Salary

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₹2.7 L/yr - ₹3.5 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

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Salary Discussions, Hike & Promotions

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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Muthoot Microfin Senior Division Manager Salary FAQs

How the salary growth look like for a Senior Division Manager at Muthoot Microfin in India?

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

Experience	Average Salary Range
15 years	₹58.9 Lakhs to ₹65.1 Lakhs per year

and so on.

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Muthoot Microfin Senior Division Manager Salaries

Muthoot Microfin Senior Division Manager salary in India ranges between ₹58.9 Lakhs to ₹65.1 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Microfin.