Muthoot Microfin Senior Divisional Manager Salaries by 7 Employees (Updated 2025)

6 - 13 years exp.

₹4.9 Lakhs - ₹7.1 Lakhs

Low Confidence

Salary of majority employees

62% less than the average Senior Divisional Manager Salary in NBFC Companies for 6 - 13 years of experience

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Salaries in different departments

Finance & Accounting Senior Divisional Manager Salary 7 - 13 years exp. (3 salaries)	₹4.9 L/yr - ₹7.1 L/yr
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Sales & Business Development Senior Divisional Manager Salary 6 - 11 years exp. (3 salaries)	₹6.2 L/yr - ₹6.3 L/yr

Last Updated: 13 Apr 2024

Companies similar to Muthoot Microfin for Senior Divisional Manager

Company name	Avg Annual Salary	Open Jobs
Fusion Microfinance Senior Divisional Manager Salary 6 - 17 years exp. (15 salaries)	₹7.5 L/yr - ₹10 L/yr 37% more
Muthoot Fincorp Senior Divisional Manager Salary 10 - 14 years exp. (3 salaries)	₹5 L/yr - ₹9 L/yr 8% more
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AU Small Finance Bank Senior Divisional Manager Salary 9 - 17 years exp. (40 salaries)	₹7.4 L/yr - ₹16.4 L/yr 96% more
SBI Life Insurance Company Senior Divisional Manager Salary 14 - 25 years exp. (25 salaries)	₹15 L/yr - ₹28.8 L/yr 259% more
Star Health & Allied Insurance Senior Divisional Manager Salary 6 - 20 years exp. (18 salaries)	₹5.9 L/yr - ₹13.4 L/yr 36% more

Senior Divisional Manager salary at Muthoot Microfin ranges between ₹4.9 Lakhs to ₹7.1 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Divisional Manager salaries

Last Updated: 13 Apr 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹11.1 L/yr
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹11.1 L/yr
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8 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.1 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
10 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
11 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹11 L/yr
13 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹11 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Senior Relationship Manager Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Regional Manager Salary

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₹5 L/yr - ₹10 L/yr

Regional Credit Manager Salary

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₹4.2 L/yr - ₹7 L/yr

Area Collection Manager Salary

(AmbitionBox Estimate)

₹3.7 L/yr - ₹4.7 L/yr

Relationship Manager Salary

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₹1.2 L/yr - ₹2.43 L/yr

Area Credit Manager Salary

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₹2 L/yr - ₹5.5 L/yr

Branch Manager Salary

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Area Sales Manager Salary

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₹4 L/yr - ₹6.5 L/yr

Area Manager Salary

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₹2.15 L/yr - ₹5.55 L/yr

Sales Manager Salary

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₹1.84 L/yr - ₹3.19 L/yr

Salary related reviews for Muthoot Microfin

4.6

Rated by 4 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.

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.

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

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

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

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.

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

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Muthoot Microfin Senior Divisional Manager Salary FAQs

What is the salary of Senior Divisional Manager at Muthoot Microfin?

Senior Divisional Manager salary at Muthoot Microfin in India ranges between ₹4.9 Lakhs to ₹7.1 Lakhs for experience between 6 years to 13 years. According to our estimates it is 62% less than the average Senior Divisional Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Senior Divisional Manager at Muthoot Microfin is 62% less than the average salary of a Senior Divisional Manager in India. To know exact salary insights, login to view.

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

SBI Life Insurance Company Senior Divisional Manager Salary - ₹15.0 Lakhs to ₹28.8 Lakhs per year
AU Small Finance Bank Senior Divisional Manager Salary - ₹7.4 Lakhs to ₹16.4 Lakhs per year
Fusion Microfinance Senior Divisional Manager Salary - ₹7.5 Lakhs to ₹10.0 Lakhs per year
Star Health & Allied Insurance Senior Divisional Manager Salary - ₹5.9 Lakhs to ₹13.4 Lakhs per year
Muthoot Fincorp Senior Divisional Manager Salary - ₹5.0 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Senior Divisional Manager at Muthoot Microfin ranges between ₹46,667 per month to ₹47,772 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Senior Divisional Manager salary in India which ranges between ₹4.9 Lakhs to ₹7.1 Lakhs per year for employees with experience between 6 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Senior Divisional Manager at Muthoot Microfin?

According to AmbitionBox, 89% of the Muthoot Microfin Senior Divisional Managers reported a notice period of 3 Months, 11% reported a notice period of More than 3 months.This is based on 9 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Senior Divisional Manager Salaries

Muthoot Microfin Senior Divisional Manager salary in India ranges between ₹4.9 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.