Midland Microfin Limited Credit Officer Salaries by 8 Employees

1 - 2 years exp.

₹1.4 Lakh - ₹3.2 Lakhs

Low Confidence

Salary of majority employees

50% less than the average Credit Officer Salary in NBFC Companies for 1 - 2 years of experience

Interested in this particular role?

Last Updated: 4 Aug 2023

Companies similar to Midland Microfin Limited for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Bandhan Bank Credit Officer Salary 0 - 9 years exp. (41 salaries)	₹1.3 L/yr - ₹5 L/yr 80% more
Ujjivan Financial Services Credit Officer Salary 1 - 7 years exp. (19 salaries)	₹1.8 L/yr - ₹5 L/yr 87% more	2 job openings
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Bharat Financial Inclusion Credit Officer Salary 1 - 6 years exp. (5 salaries)	₹3 L/yr - ₹6.5 L/yr 137% more
Jana Small Finance Bank Credit Officer Salary 1 - 7 years exp. (45 salaries)	₹1.3 L/yr - ₹3.5 L/yr 46% more
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (276 salaries)	₹1.2 L/yr - ₹4.4 L/yr 70% more	19 job openings
Utkarsh Small Finance Bank Credit Officer Salary 0 - 5 years exp. (242 salaries)	₹1.5 L/yr - ₹4.1 L/yr 45% more	5 job openings
Spandana Sphoorty Financial Credit Officer Salary 0 - 5 years exp. (27 salaries)	₹1.2 L/yr - ₹3.5 L/yr 28% more
CreditAccess Grameen Credit Officer Salary 0 - 8 years exp. (15 salaries)	₹1.8 L/yr - ₹3.5 L/yr 48% more
Bajaj Housing Finance Credit Officer Salary 0 - 4 years exp. (149 salaries)	₹1.8 L/yr - ₹3.3 L/yr 31% more
Sammaan Capital Limited Credit Officer Salary 0 - 7 years exp. (132 salaries)	₹1.8 L/yr - ₹3.9 L/yr 56% more
MAS Financial Services Credit Officer Salary 0 - 9 years exp. (115 salaries)	₹1.5 L/yr - ₹5.3 L/yr 83% more
Login to view exact salary
Shubham Housing Development Finance Credit Officer Salary 1 - 7 years exp. (106 salaries)	₹2 L/yr - ₹4 L/yr 57% more
InCred Finance Credit Officer Salary 0 - 6 years exp. (59 salaries)	₹2 L/yr - ₹4.5 L/yr 82% more
Kotak Mahindra Prime Credit Officer Salary 1 - 7 years exp. (19 salaries)	₹1.6 L/yr - ₹2.7 L/yr 25% more
Tata Capital Housing Finance Credit Officer Salary 2 - 7 years exp. (18 salaries)	₹3 L/yr - ₹3.8 L/yr 86% more
Muthoottu Mini Financiers Credit Officer Salary 0 - 5 years exp. (17 salaries)	₹1.3 L/yr - ₹3 L/yr 22% more
Hero FinCorp Credit Officer Salary 2 - 8 years exp. (15 salaries)	₹2.2 L/yr - ₹5 L/yr 120% more
Aptus Value Housing Finance India Credit Officer Salary 2 - 7 years exp. (15 salaries)	₹3 L/yr - ₹5 L/yr 107% more	1 job opening
Electronica Finance Credit Officer Salary 0 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹4.8 L/yr 84% more
Kinara Capital Credit Officer Salary 1 - 7 years exp. (14 salaries)	₹2.4 L/yr - ₹3.6 L/yr 64% more

View all

Credit Officer salary at Midland Microfin Limited ranges between ₹1.4 Lakh to ₹3.2 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 8 latest salaries received from various employees of Midland Microfin Limited.

Experience wise Midland Microfin Limited Credit Officer salaries

Last Updated: 4 Aug 2023

Experience	Avg Annual Salary
1 year (7 salaries)	₹1.4 L/yr - ₹3.2 L/yr
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2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹1.8 L/yr

Similar Designation salaries in Midland Microfin Limited

Credit Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Sales Officer Salary

(3 salaries)

₹1.5 L/yr - ₹3.15 L/yr

Credit Analyst Salary

(3 salaries)

₹2 L/yr - ₹3.5 L/yr

Senior Credit Officer Salary

(3 salaries)

₹2.5 L/yr - ₹4.5 L/yr

Officer Salary

(AmbitionBox Estimate)

₹1.6 L/yr - ₹2.1 L/yr

Credit Underwriter Salary

(5 salaries)

₹2 L/yr - ₹3.26 L/yr

Credit Executive Salary

(35 salaries)

₹1.2 L/yr - ₹3 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Branch Manager Salary

(30 salaries)

₹1.95 L/yr - ₹5.23 L/yr

Deputy Manager Salary

(14 salaries)

₹5.15 L/yr - ₹11 L/yr

Salary related reviews for Midland Microfin Limited

4.2

Rated by 3 employees for salary & benefits

HR Executive in Noida

Intern

Human Resources Department

5.0

• posted on 14 Jul 2024

4.0

for Salary and Benefits

Likes

Senior management is very helpful, company culture is good and lively, no discrimination among genders, equal opportunities for all, office timings are perfect,

Salary - Good

+6 more

Dislikes

Salary of HR’s are comparatively less than others.

Branch Credit And Risk Manager in Raikot

Other Department

5.0

• posted on 25 Apr 2022

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Assistant Manager Finance & Accounts in Jalandhar

Finance & Accounting Department

5.0

• posted on 09 Apr 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

Three months notice period.

Fild Boy in Darbhanga

Banking Department

5.0

• posted on 02 Apr 2021

4.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

Software Developer in Jalandhar

Full Time

Other Department

1.0

• posted on 25 Oct 2024

2.0

for Salary and Benefits

Likes

Nothing to like there

Dislikes

Everything, they just tricking their employees, too much micro management their, management doesn't know how to behave professionally, working in midland like working under a lala company where only leader and his chaatu employees are getting good growth.

Salary - Poor

+6 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Midland Microfin Limited Credit Officer Salary FAQs

What is the salary of Credit Officer at Midland Microfin Limited ?

The average salary of a Credit Officer at Midland Microfin Limited in India typically ranges from ₹1.4 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 2 years).

The top 10% of Credit Officer at Midland Microfin Limited earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Credit Officer Salaries at Midland Microfin Limited 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 Midland Microfin Limited employees in India.

What is the estimated take home salary of a Credit Officer at Midland Microfin Limited in India?

The estimated take-home salary of a Credit Officer at Midland Microfin Limited in India typically ranges from ₹12,494 to ₹13,845 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 2 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 Midland Microfin Limited. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Midland Microfin Limited for Credit Officer in India?

Bharat Financial Inclusion	₹3.0 Lakhs to ₹6.5 Lakhs per year
Hero FinCorp	₹2.2 Lakhs to ₹5.0 Lakhs per year
Ugro Capital	₹3.0 Lakhs to ₹4.8 Lakhs per year
Aptus Value Housing Finance India	₹3.0 Lakhs to ₹5.0 Lakhs per year
Ujjivan Financial Services	₹1.8 Lakhs to ₹5.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Midland Microfin Limited, depending on the role and experience level.

What is the salary of a Credit Officer in companies similar to Midland Microfin Limited in India?

The salary of a Credit Officer at companies similar to Midland Microfin Limited in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance	₹3.0 Lakhs to ₹3.8 Lakhs per year
Electronica Finance	₹2.5 Lakhs to ₹4.8 Lakhs per year
MAS Financial Services	₹1.5 Lakhs to ₹5.3 Lakhs per year
InCred Finance	₹2.0 Lakhs to ₹4.5 Lakhs per year
Bandhan Bank	₹1.3 Lakhs to ₹5.0 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 Credit Officer at Midland Microfin Limited in India?

The salary growth for a Credit Officer at Midland Microfin Limited depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Midland Microfin Limited:

Experience	Average Salary Range
1 year	₹1.4 Lakhs to ₹3.2 Lakhs per year
2 years	₹0.7 Lakhs to ₹1.8 Lakhs per year

and so on.

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Midland Microfin Limited Credit Officer Salaries

Midland Microfin Limited Credit Officer salary in India ranges between ₹1.4 Lakh to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Midland Microfin Limited latest salaries received from various employees of Midland Microfin Limited.