Muthoot Capital Services Credit Officer Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹1.7 Lakh - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

26% less than the average Credit Officer Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 2 - 6 years exp. (12 salaries)	₹2 L/yr - ₹3.5 L/yr
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Finance & Accounting Credit Officer Salary 2 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹3.4 L/yr

Last Updated: 2 Mar 2025

Companies similar to Muthoot Capital Services for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Edelweiss Credit Officer Salary 0 - 9 years exp. (219 salaries)	₹2 L/yr - ₹4.5 L/yr 28% more
Bajaj Finserv Credit Officer Salary 0 - 5 years exp. (59 salaries)	₹2 L/yr - ₹5.5 L/yr 26% more
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Aditya Birla Capital Credit Officer Salary 1 - 6 years exp. (48 salaries)	₹2 L/yr - ₹5.5 L/yr 44% more
JPMorgan Chase & Co. Credit Officer Salary 0 - 7 years exp. (14 salaries)	₹10.5 L/yr - ₹39 L/yr 817% more	6 job openings
JM Financial Credit Officer Salary 0 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹3 L/yr 4% less
Wells Fargo Credit Officer Salary 2 - 8 years exp. (4 salaries)	₹12 L/yr - ₹28.6 L/yr 548% more
BASSEIN CATHOLIC CO-OP BANK Credit Officer Salary 9 - 11 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 297% more
Religare Finvest Credit Officer Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹2.6 L/yr 12% less

Credit Officer salary at Muthoot Capital Services ranges between ₹1.7 Lakh to ₹4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Capital Services.

Latest annual salaries shared by Muthoot Capital Services Credit Officer

3d ago

₹3.4 Lakhs

5 years exp.

7mo ago

₹3.3 Lakhs

4 years exp.

9mo ago

₹2.2 Lakhs

2 years exp.

1y ago

₹2.5 Lakhs

5 years exp.

1y ago

₹4 Lakhs

4 years exp.

1y ago

4 years exp.

1y ago

6 years exp.

1y ago

3 years exp.

1y ago

4 years exp.

1y ago

1 year exp.

Experience wise Muthoot Capital Services Credit Officer salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.8 L/yr
2 years (4 salaries)	₹1.7 L/yr - ₹3.4 L/yr
Login to view exact salary
3 years (3 salaries)	₹2 L/yr - ₹3.3 L/yr
4 years (7 salaries)	₹1.7 L/yr - ₹4 L/yr
5 years (3 salaries)	₹2.1 L/yr - ₹3.4 L/yr
6 years (3 salaries)	₹2.4 L/yr - ₹3.5 L/yr

View all

Similar Designation salaries in Muthoot Capital Services

Credit Manager Salary

(4 salaries)

₹3.5 L/yr - ₹7.5 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹7.5 L/yr - ₹9.5 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹3.5 L/yr - ₹4.5 L/yr

Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹1.5 L/yr - ₹2 L/yr

Credit Executive Salary

(5 salaries)

₹1.75 L/yr - ₹3 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹6 L/yr - ₹7.7 L/yr

Branch Manager Salary

(4 salaries)

₹3 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(10 salaries)

₹5.48 L/yr - ₹7.88 L/yr

Salary related reviews for Muthoot Capital Services

2.8

Rated by 6 employees for salary & benefits

Credit Officer in Hubli

Credit Operation Department

2.0

• posted on 31 Jan 2022

1.0

for Salary and Benefits

Likes

Office timings good but work related total haresh ment and senior toucher and new national head is terrible speaking and raude Sam to remove employees and saying if u nit resign i will terminate u and our senior manager also not supportive in karnataka team

Dislikes

...ood growth before after the national head and ceo change company became totally worst now salary growth zero bonus zero totally they have been spoiled this company name and fame in less salary lots of cutt off in salary totaly worst company became now

Salary - Bad

+5 more

Business Development And Sales Executive in Vidisha

Full Time

Finance & Accounting Department

2.0

• posted on 31 Jan 2025

2.0

for Salary and Benefits

Likes

MCSL work policy are very best

Work satisfaction - Good

Dislikes

organization not promoted employees and salary not increase im working with MCSL last 1.5 year but organization not promoted me and not increase salary and i m best performer in madhya pradesh my overal average productivity almost 25+ in two wheeler vertical

Salary - Poor

+3 more

Counter Sales Executive in Shivamogga

Full Time

Counter sales executive Department

1.0

• posted on 10 Dec 2022

1.0

for Salary and Benefits

Likes

Worst , there is no hike no bonus sorry they give bonus only 5700 3700 like this , no growth lot of cuttoffs in payslip they use employees like slave example they told make 15 sales we will give incentive after we achieve they told terms and conditions and not pay incentive if we asked y they told they didn't pay first emi they didn't pay 3rd emi they are not registered like that and without intimation they play a game on our payslip like they mention taken advance salary like that

Job security - Good

Dislikes

Worst company Zero growth No appraisal No hike Fake incentive slabs It's not for hardworker it's only just who won't job this type of guy only join this company

Salary - Bad

+4 more

Deputy Collections Manager in Nagapattinam

Collection Department

1.0

• posted on 25 Oct 2019

1.0

for Salary and Benefits

Likes

... have culture. I identify lord of integrity issue from collection agency side .No skill development and no learning I not have any compensation and benefits.no job security because of I resigned my job.no career growth many time my reporting Boss asking to me resign my job.

Dislikes

No words

Salary - Bad

+6 more

Collection's in Ballari

Collection Department

3.0

• posted on 10 May 2018

3.0

for Salary and Benefits

Likes

Work free, anual appraisal doing branch network is good

Skill development - Good

+1 more

Dislikes

Not supported to employees, also less salary benefits, there is no customer services in regional Wise focusing only sales, there is no quality of customer's. Negative are funding,

Promotions - Bad

+2 more

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Capital Services Credit Officer Salary FAQs

What is the salary of Credit Officer at Muthoot Capital Services ?

The average salary of a Credit Officer at Muthoot Capital Services in India typically ranges from ₹1.7 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Officer at Muthoot Capital Services earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Credit Officer Salaries at Muthoot Capital Services 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 20+ Muthoot Capital Services employees in India.

What is the estimated take home salary of a Credit Officer at Muthoot Capital Services in India?

The estimated take-home salary of a Credit Officer at Muthoot Capital Services in India typically ranges from ₹18,980 to ₹20,659 per month. This is based on the average salary range of ₹1.7 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 1 year to 6 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 20+ salaries received from various employees of Muthoot Capital Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Capital Services for Credit Officer in India?

JPMorgan Chase & Co.	₹10.5 Lakhs to ₹39.0 Lakhs per year
Wells Fargo	₹12.0 Lakhs to ₹28.6 Lakhs per year
BASSEIN CATHOLIC CO-OP BANK	₹8.0 Lakhs to ₹12.0 Lakhs per year
Aditya Birla Capital	₹2.0 Lakhs to ₹5.5 Lakhs per year
Edelweiss	₹2.0 Lakhs to ₹4.5 Lakhs per year

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

What is the salary of a Credit Officer in companies similar to Muthoot Capital Services in India?

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

Bajaj Finserv	₹2.0 Lakhs to ₹5.5 Lakhs per year
JM Financial	₹2.3 Lakhs to ₹3.0 Lakhs per year
Religare Finvest	₹2.0 Lakhs to ₹2.6 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 Muthoot Capital Services in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.8 Lakhs per year
2 years	₹1.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.3 Lakhs per year
4 years	₹1.7 Lakhs to ₹4.0 Lakhs per year

and so on.

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Muthoot Capital Services Credit Officer Salaries

Muthoot Capital Services Credit Officer salary in India ranges between ₹1.7 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Muthoot Capital Services latest salaries received from various employees of Muthoot Capital Services.