Muthoot Microfin State Head Salaries by 3 Employees (Updated 2025)

11 - 23 years exp.

₹10 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

10% less than the average State Head Salary in NBFC Companies for 11 - 23 years of experience

Interested in this particular role?

Last Updated: 1 Mar 2025

Companies similar to Muthoot Microfin for State Head

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion State Head Salary 5 - 18 years exp. (9 salaries)	₹10.2 L/yr - ₹26.9 L/yr 29% more
Satin Creditcare Network State Head Salary 8 - 15 years exp. (3 salaries)	₹9.5 L/yr - ₹10 L/yr 31% less
Login to view exact salary
Spandana Sphoorty Financial State Head Salary 12 - 14 years exp. (3 salaries)	₹25 L/yr - ₹30 L/yr 88% more
Equitas Small Finance Bank State Head Salary 15 - 21 years exp. (7 salaries)	₹15.2 L/yr - ₹25 L/yr 47% more
Jana Small Finance Bank State Head Salary 13 - 18 years exp. (4 salaries)	₹13.7 L/yr - ₹23 L/yr 20% more
Svatantra Microfin State Head Salary 13 - 19 years exp. (6 salaries)	₹21 L/yr - ₹25 L/yr 59% more
Annapurna Finance State Head Salary 9 - 14 years exp. (7 salaries)	₹8.3 L/yr - ₹17.5 L/yr 5% more
CreditAccess Grameen State Head Salary 13 - 16 years exp. (5 salaries)	₹19.5 L/yr - ₹31 L/yr 67% more
Tata Motors Finance State Head Salary 8 - 23 years exp. (28 salaries)	₹6.7 L/yr - ₹24 L/yr 9% more
SMFG India Credit State Head Salary 12 - 23 years exp. (23 salaries)	₹11.5 L/yr - ₹28.2 L/yr 32% more
IIFL SAMASTA State Head Salary 9 - 21 years exp. (9 salaries)	₹9.5 L/yr - ₹19.8 L/yr 5% more
Login to view exact salary
Shriram Finance State Head Salary 11 - 27 years exp. (14 salaries)	₹8 L/yr - ₹29 L/yr 35% more
Muthoot Fincorp State Head Salary 12 - 19 years exp. (6 salaries)	₹10.4 L/yr - ₹20.5 L/yr 11% more
Aye Finance State Head Salary 11 - 16 years exp. (6 salaries)	₹6.5 L/yr - ₹12 L/yr 32% less	3 job openings
Mahindra Rural Housing Finance State Head Salary 10 - 22 years exp. (6 salaries)	₹11 L/yr - ₹23 L/yr 40% more
TVS Credit State Head Salary 7 - 21 years exp. (6 salaries)	₹9 L/yr - ₹16.3 L/yr 21% less
Muthoot Finance State Head Salary 15 - 20 years exp. (6 salaries)	₹12 L/yr - ₹20 L/yr 18% more
IIFL Finance State Head Salary 7 - 13 years exp. (5 salaries)	₹12 L/yr - ₹13.5 L/yr 7% less
Manappuram Finance State Head Salary 15 - 20 years exp. (5 salaries)	₹13.2 L/yr - ₹15 L/yr 4% less
Bajaj Finance State Head Salary 12 - 14 years exp. (5 salaries)	₹16.6 L/yr - ₹23.5 L/yr 35% more

View all

State Head salary at Muthoot Microfin ranges between ₹10 Lakhs to ₹21 Lakhs per year for employees with experience between 11 years to 23 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin State Head salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
12 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
Login to view exact salary
15+ years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr

Similar Designation salaries in Muthoot Microfin

Team Lead Salary

(6 salaries)

₹2.85 L/yr - ₹3.31 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Sales Executive Salary

(4 salaries)

₹1.6 L/yr - ₹2 L/yr

Branch Manager Salary

(117 salaries)

₹2 L/yr - ₹4.62 L/yr

Area Manager Salary

(56 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Regional Manager Salary

(27 salaries)

₹5 L/yr - ₹11.15 L/yr

Area Sales Manager Salary

(4 salaries)

₹4 L/yr - ₹6.5 L/yr

Senior Sales Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹3 L/yr

Top skills at Muthoot Microfin for State Head

Pivot Table Interpersonal Skills Analytical skills Collections Microfinance Debt Management Team Management NBFC Collection Management Process Management Banking Advanced Excel MIS Debt Recovery Agency Channel

Salary related reviews for Muthoot Microfin

4.0

Rated by 2 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

Got a question about Muthoot Microfin?

Ask anonymously on communities.

Muthoot Microfin State Head Salary FAQs

What is the notice period for State Head at Muthoot Microfin?

According to AmbitionBox, 100% of the Muthoot Microfin State Heads reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Microfin State Head Salaries by Location

Home >
Salaries >
Muthoot Microfin Salaries >
Muthoot Microfin State Head Salaries

Muthoot Microfin State Head salary in India ranges between ₹10 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.