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Muthoot Microfin Senior Manager-HR salaries in India (Updated 2025)

Annual salary range
6 - 15 years exp.
₹8.1 Lakhs - ₹11.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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45% less than the average Senior Manager-HR Salary in NBFC Companies for 6 - 15 years of experience

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Last Updated: 17 Mar 2025

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₹9.2 L/yr - ₹11.1 L/yr

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Muthoot Fincorp Senior Manager-HR Salary

12 - 18 years exp. (6 salaries)

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₹8.5 L/yr - ₹19.2 L/yr

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IIFL Finance Senior Manager-HR Salary

9 - 13 years exp. (5 salaries)

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₹12 L/yr - ₹15.5 L/yr

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Fusion Microfinance Senior Manager-HR Salary

10 - 13 years exp. (5 salaries)

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₹8.8 L/yr - ₹10.3 L/yr

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Asirvad Microfinance Senior Manager-HR Salary

8 - 15 years exp. (5 salaries)

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₹5.2 L/yr - ₹9 L/yr

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₹5 L/yr - ₹10.5 L/yr

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₹7 L/yr - ₹13 L/yr

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₹11 L/yr - ₹16.5 L/yr

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₹13 L/yr - ₹28.5 L/yr

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Muthoot Finance Senior Manager-HR Salary

15 - 17 years exp. (3 salaries)

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₹9.9 L/yr - ₹12.7 L/yr

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Senior Manager-HR salary at Muthoot Microfin ranges between ₹8.1 Lakhs to ₹11.8 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 8 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Senior Manager-HR

3d ago
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13 years exp.
1mo ago
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9 years exp.
9mo ago
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8 years exp.
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8 years exp.
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7 years exp.

Experience wise Muthoot Microfin Senior Manager-HR salaries

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹8.1 L/yr - ₹17.5 L/yr
7 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹17.8 L/yr
8 years (AmbitionBox Estimate)

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₹9 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹11.4 L/yr
10 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
View all

Similar Designation salaries in Muthoot Microfin

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₹2.7 L/yr - ₹4 L/yr
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₹2.5 L/yr - ₹5.5 L/yr
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HR Officer Salary
(5 salaries)
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₹2.7 L/yr - ₹4.3 L/yr
Regional HR Salary
(4 salaries)
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₹3.8 L/yr - ₹4.4 L/yr
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₹3.6 L/yr - ₹4 L/yr
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₹3.7 L/yr - ₹4.03 L/yr
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₹4.2 L/yr - ₹8.76 L/yr
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₹3 L/yr - ₹5.1 L/yr
HR Executive Salary
(4 salaries)
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₹1.9 L/yr - ₹2.8 L/yr

Salary related reviews for Muthoot Microfin

5.0

Rated by 4 employees for salary & benefits

Microfinance Department

5.0
  •  posted on 13 Oct 2018

2.0
 for  Salary and Benefits

Likes

No Career growth and very less salary... Very poor employees satisfaction

read more
  • Skill development - Excellent
  • +2 more

Dislikes

Compensation is decent, but growth is very slow. To work pressure is very high.. I have work to 24 hours straight in a day as I have attend interview very late.Sr.AVP do not value an individual unique strength...overall in my department no any one supported ..

read more
  • Salary - Poor
  • +3 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

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.

read more
  • 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

read more
  • Work satisfaction - Poor

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

read more

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

read more
  • Salary - Bad
  • +5 more

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.

read more
  • Salary - Bad
  • +2 more
see more salary related reviews

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Muthoot Microfin Senior Manager-HR Salary FAQs

What is the salary of Senior Manager-HR at Muthoot Microfin ?
The average salary of a Senior Manager-HR at Muthoot Microfin in India typically ranges from ₹8.1 Lakhs to ₹11.8 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Senior Manager-HR at Muthoot Microfin earn more than ₹11.7 Lakhs per year, and the top 1% earn over ₹11.8 Lakhs per year. Senior Manager-HR 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 8 Muthoot Microfin employees in India.
What is the estimated take home salary of a Senior Manager-HR at Muthoot Microfin in India?
The estimated take-home salary of a Senior Manager-HR at Muthoot Microfin in India typically ranges from ₹75,127 to ₹77,072 per month. This is based on the average salary range of ₹8.1 Lakhs to ₹11.8 Lakhs per year for employees with experience ranging from 6 years to 15 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 8 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 Manager-HR in India?
Bajaj Finance ₹20.0 Lakhs to ₹42.6 Lakhs per year
Home Credit Finance ₹17.8 Lakhs to ₹25.0 Lakhs per year
HDB Financial Services ₹15.0 Lakhs to ₹26.0 Lakhs per year
Mahindra Rural Housing Finance ₹13.0 Lakhs to ₹28.5 Lakhs per year
Mahindra Finance ₹10.8 Lakhs to ₹23.0 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 Senior Manager-HR in companies similar to Muthoot Microfin in India?
The salary of a Senior Manager-HR at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMFG India Credit ₹10.4 Lakhs to ₹18.6 Lakhs per year
Bharat Financial Inclusion ₹11.0 Lakhs to ₹16.5 Lakhs per year
TVS Credit ₹11.0 Lakhs to ₹21.1 Lakhs per year
Muthoot Fincorp ₹8.5 Lakhs to ₹19.2 Lakhs per year
IIFL Finance ₹12.0 Lakhs to ₹15.5 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 Senior Manager-HR at Muthoot Microfin in India?
The salary growth for a Senior Manager-HR at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Senior Manager-HR can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
6 years ₹8.1 Lakhs to ₹17.5 Lakhs per year
7 years ₹9.9 Lakhs to ₹17.8 Lakhs per year
8 years ₹9.0 Lakhs to ₹11.3 Lakhs per year
9 years ₹4.1 Lakhs to ₹11.4 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Microfin Senior Manager-HR salary in India ranges between ₹8.1 Lakhs to ₹11.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 8 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.