Muthoot Finance Gold Loan Officer Salaries by 40+ Employees (Updated 2025)

0 - 7 years exp.

₹1.4 Lakh - ₹4.2 Lakhs

Salary of majority employees

23% less than the average Gold Loan Officer Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting Gold Loan Officer Salary 0 - 7 years exp. (14 salaries)	₹1.4 L/yr - ₹4.2 L/yr
Customer Success, Service & Operations Gold Loan Officer Salary 2 - 7 years exp. (12 salaries)	₹1.5 L/yr - ₹3.9 L/yr
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BFSI, Investments & Trading Gold Loan Officer Salary 0 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹2.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to Muthoot Finance for Gold Loan Officer

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Gold Loan Officer Salary 1 - 7 years exp. (232 salaries)	₹1.8 L/yr - ₹4.1 L/yr 26% more
Manappuram Finance Gold Loan Officer Salary 0 - 4 years exp. (116 salaries)	₹1.1 L/yr - ₹5.4 L/yr 17% more
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HDB Financial Services Gold Loan Officer Salary 0 - 10 years exp. (35 salaries)	₹2 L/yr - ₹3.6 L/yr 9% more
Capri Global Capital Gold Loan Officer Salary 1 - 6 years exp. (30 salaries)	₹1.8 L/yr - ₹4.2 L/yr 24% more
Muthoot Fincorp Gold Loan Officer Salary 1 - 6 years exp. (24 salaries)	₹1.2 L/yr - ₹2.5 L/yr 21% less
Asirvad Microfinance Gold Loan Officer Salary 1 - 3 years exp. (6 salaries)	₹2.9 L/yr - ₹3.8 L/yr 48% more
Shriram Finance Gold Loan Officer Salary 0 - 2 years exp. (4 salaries)	₹1 L/yr - ₹2.9 L/yr 8% less
Bajaj Finance Gold Loan Officer Salary 4 - 8 years exp. (3 salaries)	₹2.5 L/yr - ₹3.5 L/yr 37% more

Gold Loan Officer salary at Muthoot Finance ranges between ₹1.4 Lakh to ₹4.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 42 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Gold Loan Officer salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.8 L/yr - ₹2.4 L/yr
1 year (8 salaries)	₹1.4 L/yr - ₹2.5 L/yr
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2 years (8 salaries)	₹1.4 L/yr - ₹3.6 L/yr
3 years (5 salaries)	₹2 L/yr - ₹3.6 L/yr
4 years (5 salaries)	₹2 L/yr - ₹4.2 L/yr
5 years (6 salaries)	₹2 L/yr - ₹3.3 L/yr
6 years (4 salaries)	₹2 L/yr - ₹4.9 L/yr
7 years (3 salaries)	₹2.7 L/yr - ₹3.6 L/yr

View all

Similar Designation salaries in Muthoot Finance

Sales Officer Salary

(23 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Relationship Officer Salary

(74 salaries)

₹1.3 L/yr - ₹4.03 L/yr

Senior Sales Officer Salary

(4 salaries)

₹2.2 L/yr - ₹3.8 L/yr

Store Manager Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Area Manager Salary

(6 salaries)

₹3.5 L/yr - ₹8.8 L/yr

Sales Manager Salary

(47 salaries)

₹2.5 L/yr - ₹6.5 L/yr

Territory Manager Salary

(5 salaries)

₹6 L/yr - ₹8.5 L/yr

Sales Executive Salary

(70 salaries)

₹1.4 L/yr - ₹3.53 L/yr

MIS Executive Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Team Lead Salary

(23 salaries)

₹1.8 L/yr - ₹3.85 L/yr

Top skills at Muthoot Finance for Gold Loan Officer

Interviewing Selling Skills Problem Solving Analytical skills Communication Skills Gold Loan Sales Lap Customer Engagement Banking

Salary related reviews for Muthoot Finance

3.3

Rated by 10 employees for salary & benefits

Gold Loan Officer in Chennai

Other Department

5.0

• posted on 12 May 2021

4.0

for Salary and Benefits

Likes

I love to work Muthoot finance its good experience to my life . want to move higher grade on this job do my best efforts to do our company profit

Salary - Good

+5 more

Dislikes

Want to increase hike of salary bcoz we are family so we can't maintain to this much salary but other good experience

Sales Manager in Kochi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

Skill development - Bad

+5 more

Deputy Manager in Rae Bareli

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Dec 2024

3.0

for Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

Skill development - Good

+4 more

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

Promotions - Poor

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Salary - Good

+2 more

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Job security - Bad

+3 more

Deputy Manager in Bhubaneswar

Full Time

Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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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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Muthoot Finance Gold Loan Officer Salary FAQs

What is the salary of Gold Loan Officer at Muthoot Finance ?

The average salary of a Gold Loan Officer at Muthoot Finance in India typically ranges from ₹1.4 Lakhs to ₹4.2 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Gold Loan Officer at Muthoot Finance earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.2 Lakhs per year. Gold Loan Officer Salaries at Muthoot Finance 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 40+ Muthoot Finance employees in India.

What is the estimated take home salary of a Gold Loan Officer at Muthoot Finance in India?

The estimated take-home salary of a Gold Loan Officer at Muthoot Finance in India typically ranges from ₹17,873 to ₹19,568 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹4.2 Lakhs per year for employees with experience ranging from Fresher to 7 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 40+ salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Gold Loan Officer at Muthoot Finance ?

To be a Gold Loan Officer at Muthoot Finance in india, the key skills required include:

- Interviewing
- Selling Skills
- Problem Solving
- Analytical skills
- Communication Skills

These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Finance for Gold Loan Officer in India?

Asirvad Microfinance	₹2.9 Lakhs to ₹3.8 Lakhs per year
Bajaj Finance	₹2.5 Lakhs to ₹3.5 Lakhs per year
IIFL Finance	₹1.8 Lakhs to ₹4.1 Lakhs per year
Capri Global Capital	₹1.8 Lakhs to ₹4.2 Lakhs per year
Manappuram Finance	₹1.1 Lakhs to ₹5.4 Lakhs per year

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

What is the salary of a Gold Loan Officer in companies similar to Muthoot Finance in India?

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

HDB Financial Services	₹2.0 Lakhs to ₹3.6 Lakhs per year
Shriram Finance	₹1.0 Lakhs to ₹2.9 Lakhs per year
Muthoot Fincorp	₹1.2 Lakhs to ₹2.5 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 Gold Loan Officer at Muthoot Finance in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.4 Lakhs per year
1 year	₹1.4 Lakhs to ₹2.5 Lakhs per year
2 years	₹1.4 Lakhs to ₹3.6 Lakhs per year
3 years	₹2.0 Lakhs to ₹3.6 Lakhs per year

and so on.

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Muthoot Finance Gold Loan Officer Salaries by Location

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Muthoot Finance Gold Loan Officer Salaries

Muthoot Finance Gold Loan Officer salary in India ranges between ₹1.4 Lakh to ₹4.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Gold Loan Officer salaries in India (Updated 2025)

Companies similar to Muthoot Finance for Gold Loan Officer

Latest annual salaries shared by Muthoot Finance Gold Loan Officer

Experience wise Muthoot Finance Gold Loan Officer salaries

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Gold Loan Officer

Salary related reviews for Muthoot Finance

Gold Loan Officer in Chennai

Sales Manager in Kochi

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Deputy Manager in Bhubaneswar

Muthoot Finance Gold Loan Officer Salary FAQs

Tell us how to improve this page.

Muthoot Finance Gold Loan Officer Salaries by Location