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

Annual salary range
0 - 7 years exp.
₹1.4 Lakh - ₹4.2 Lakhs
Salary of majority employees
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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)
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₹1.4 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Gold Loan Officer Salary
2 - 7 years exp. (12 salaries)
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₹1.5 L/yr - ₹3.9 L/yr

BFSI, Investments & Trading
Gold Loan Officer Salary
0 - 3 years exp. (6 salaries)
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₹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
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IIFL Finance Gold Loan Officer Salary

1 - 7 years exp. (232 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 26% more
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Manappuram Finance Gold Loan Officer Salary

0 - 4 years exp. (116 salaries)

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₹1.1 L/yr - ₹5.4 L/yr

arrow icon 17% more
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HDB Financial Services Gold Loan Officer Salary

0 - 10 years exp. (35 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 9% more
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Capri Global Capital Gold Loan Officer Salary

1 - 6 years exp. (30 salaries)

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₹1.8 L/yr - ₹4.2 L/yr

arrow icon 24% more
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Muthoot Fincorp Gold Loan Officer Salary

1 - 6 years exp. (24 salaries)

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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 21% less
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₹2.9 L/yr - ₹3.8 L/yr

arrow icon 48% more
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Shriram Finance Gold Loan Officer Salary

0 - 2 years exp. (4 salaries)

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₹1 L/yr - ₹2.9 L/yr

arrow icon 8% less
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Bajaj Finance Gold Loan Officer Salary

4 - 8 years exp. (3 salaries)

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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 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.

Latest annual salaries shared by Muthoot Finance Gold Loan Officer

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Experience wise Muthoot Finance Gold Loan Officer salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹1.8 L/yr - ₹2.4 L/yr
1 year  (8 salaries)

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₹1.4 L/yr - ₹2.5 L/yr
2 years  (8 salaries)

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₹1.4 L/yr - ₹3.6 L/yr
3 years  (5 salaries)

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₹2 L/yr - ₹3.6 L/yr
4 years  (5 salaries)

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₹2 L/yr - ₹4.2 L/yr
View all

Similar Designation salaries in Muthoot Finance

Sales Officer Salary
(23 salaries)
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₹1.8 L/yr - ₹3.4 L/yr
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₹1.3 L/yr - ₹4.03 L/yr
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₹2.2 L/yr - ₹3.8 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
Area Manager Salary
(6 salaries)
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₹3.5 L/yr - ₹8.8 L/yr
Sales Manager Salary
(47 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
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₹6 L/yr - ₹8.5 L/yr
Sales Executive Salary
(70 salaries)
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₹1.4 L/yr - ₹3.53 L/yr
MIS Executive Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Team Lead Salary
(23 salaries)
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₹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

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

read more
  • 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

read more

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

read more
  • Skill development - Bad
  • +5 more

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

read more
  • 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

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  • Promotions - Poor

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

read more
  • 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.

read more
  • Job security - Bad
  • +3 more

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

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

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