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4.2

based on 870 Reviews

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Muthoot Microfin Sales & Business Development Department Salaries in India (Updated 2025)

based on 160 latest salaries
Designation Avg Annual Salary Open Jobs

Relationship Officer

0 - 5 years exp. (25 salaries)
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₹1.8 L/yr - ₹3 L/yr

1 job opening

Divisional Manager

6 - 13 years exp. (14 salaries)
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₹4.4 L/yr - ₹7 L/yr

Regional Manager

10 - 16 years exp. (13 salaries)
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₹5.1 L/yr - ₹11.2 L/yr

Branch Credit Manager

0 - 5 years exp. (11 salaries)
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₹2.4 L/yr - ₹3.5 L/yr

Starting your career? Discover Muthoot Microfin fresher salaries in India

Area Manager

6 - 11 years exp. (11 salaries)
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₹2.5 L/yr - ₹5.4 L/yr

Branch Manager

3 - 10 years exp. (8 salaries)
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₹2.7 L/yr - ₹4.5 L/yr

Branch Relationship Manager

4 - 6 years exp. (8 salaries)
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₹2.8 L/yr - ₹4.2 L/yr

Internal Auditor

3 - 6 years exp. (4 salaries)
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₹2.7 L/yr - ₹3.1 L/yr

Senior Relationship Officer

1 - 6 years exp. (4 salaries)
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₹2.3 L/yr - ₹3.1 L/yr

Credit Officer

2 - 5 years exp. (4 salaries)
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₹1.8 L/yr - ₹2.1 L/yr

Area Credit Manager

5 - 6 years exp. (3 salaries)
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₹4.3 L/yr - ₹5 L/yr

Senior Divisional Manager

6 - 11 years exp. (3 salaries)
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₹6.2 L/yr - ₹6.3 L/yr

Regional Sales Manager

6 - 10 years exp. (3 salaries)
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₹6.1 L/yr - ₹8.8 L/yr

Area Sales Manager

7 - 8 years exp. (3 salaries)
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₹4 L/yr - ₹6.5 L/yr

Business Development Manager

4 - 6 years exp. (3 salaries)
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₹2 L/yr - ₹2.5 L/yr

Senior Branch Relationship Manager

6 - 8 years exp. (3 salaries)
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₹3.6 L/yr - ₹4 L/yr

Sales Executive

Fresher (AmbitionBox Estimate)
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₹1.4 L/yr - ₹1.8 L/yr

Deputy Vice President

18 - 19 years exp. (AmbitionBox Estimate)
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₹36 L/yr - ₹46 L/yr

Senior Regional Manager

15 - 17 years exp. (AmbitionBox Estimate)
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₹9.2 L/yr - ₹10.8 L/yr

Senior Vice President

17 - 18 years exp. (AmbitionBox Estimate)
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₹57 L/yr - ₹63 L/yr

Last Updated: 8 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
an associate vice president
Offer Accepted
I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.
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Salary related reviews for Muthoot Microfin

4.0

Rated by 71 employees for salary & benefits

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.

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

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.

read more
  • Salary - Excellent
    • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

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

read more

Dislikes

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

read more
  • 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.

read more
  • 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

read more
  • Promotions - Bad
see more salary related reviews

Muthoot Microfin interview questions by designations

Relationship Officer (6)Area Manager (4)Branch Manager (3)Branch Credit Manager (2)
View all 35 interview experiences
More about working at Muthoot Microfin
golden leaf award

#11 Best Mid-Sized Company

golden leaf awardgolden leaf award

#3 Best Mid-Sized Financial Services Company - 2022

golden leaf award

Muthoot Microfin Salary FAQs

How much does Muthoot Microfin pay per year?
The average Muthoot Microfin salary ranges from approximately ₹1.3 Lakh to ₹1.8 Lakh per year for a Senior Debt Management Executive and ₹24 Lakhs to ₹40 Lakhs per year for a Deputy Vice President. Salary estimates are based on 160 Muthoot Microfin salaries received from various employees of Muthoot Microfin. Muthoot Microfin employees rate the overall salary and benefits package 4.0/5 stars.
What is the highest salary in Muthoot Microfin?
The highest-paying job at Muthoot Microfin is a Deputy Vice President with a salary of ₹24 Lakhs to ₹40 Lakhs per year. The top 10% of employees earn more than ₹7.05 lakhs per year. The top 1% earn more than a whopping ₹30 lakhs per year.
What is the minimum salary in Muthoot Microfin?
Minimum salary at Muthoot Microfin depends on the role you are applying for. For Credit Officer the minimum salary is ₹1.4 Lakh to ₹2.7 Lakhs per year, and for Relationship Officer the minimum salary is ₹1.3 Lakh to ₹3.5 Lakhs per year and so on.
What is the salary package for freshers in Muthoot Microfin?
The average salary at Muthoot Microfin for freshers varies from ₹1.8 Lakh to ₹2.3 Lakhs per year for Credit Officer and ₹4 Lakhs to ₹6.5 Lakhs per year for Management Trainee.
What is the notice period at Muthoot Microfin in Sales & Business Development Department?
According to AmbitionBox, 66% of the Muthoot Microfin employees in Sales & Business Development Department reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 225 responses on AmbitionBox in last 2 years.

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Average annual salary in Sales & Business Development department at Muthoot Microfin is INRunlock blur . Salary estimates are based on 160 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

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