Muthoot Finance Mumbai Gold Loan Officer Salaries by 4 Employees (Updated 2024)

4 - 8 years exp.

₹2.2 Lakhs - ₹3.6 Lakhs

Salary of majority employees

13% less than the average Gold Loan Officer Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Gold Loan Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹3.6 L/yr
BFSI, Investments & Trading Gold Loan Officer Salary 8 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹3.6 L/yr
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Finance & Accounting Gold Loan Officer Salary 7 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹3.6 L/yr

Last Updated: 23 Apr 2023

Companies similar to Muthoot Finance for Gold Loan Officer in Mumbai

Muthoot Finance Gold Loan Officer Salary

4 - 8 years exp. (4 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Gold Loan Officer Salary 0 - 7 years exp. (15 salaries)	₹1.9 L/yr - ₹5 L/yr 6% more
ICICI Bank Gold Loan Officer Salary 1 - 6 years exp. (4 salaries)	₹1.1 L/yr - ₹3.6 L/yr 12% less
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Axis Bank Gold Loan Officer Salary 0 - 6 years exp. (7 salaries)	₹1.4 L/yr - ₹5.2 L/yr 47% more	1 job opening
Kotak Mahindra Bank Gold Loan Officer Salary 0 - 5 years exp. (4 salaries)	₹2.6 L/yr - ₹3.4 L/yr At par
IIFL Finance Gold Loan Officer Salary 1 - 7 years exp. (45 salaries)	₹1.8 L/yr - ₹3.5 L/yr 5% more
Muthoot Fincorp Gold Loan Officer Salary 3 - 5 years exp. (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr 26% less

Gold Loan Officer salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Gold Loan Officer salaries in Mumbai

Last Updated: 23 Apr 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.1 L/yr
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6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.6 L/yr
8 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr

Similar Designation salaries in Muthoot Finance

Relationship Officer Salary

(5 salaries)

₹2 L/yr - ₹3.6 L/yr

Sales Executive Salary

(4 salaries)

₹2 L/yr - ₹3 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

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

Dislikes

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

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

Dislikes

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

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

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.

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

Branch Manager in Bhubaneswar

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 31 May 2023

1.0

for Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Gold Loan Officer Salary FAQs

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

Gold Loan Officer salary at Muthoot Finance in Mumbai ranges between ₹2.2 Lakhs to ₹3.6 Lakhs for experience between 4 years to 8 years. According to our estimates it is 13% less than the average Gold Loan Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Mumbai.

How does the salary of a Gold Loan Officer at Muthoot Finance Mumbai compare with the average salary range for this job?

The average salary of a Gold Loan Officer at Muthoot Finance is 13% less than the average salary of a Gold Loan Officer in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Gold Loan Officer at Muthoot Finance?

Interviewing, Selling Skills, Problem Solving, Analytical skills and Communication Skills are some of the popular skills required to work as a Gold Loan Officer at Muthoot Finance Mumbai.

Which similar companies are paying more than Muthoot Finance to a Gold Loan Officer in Mumbai?

Axis Bank Gold Loan Officer Salary - ₹1.4 Lakhs to ₹5.2 Lakhs per year
HDFC Bank Gold Loan Officer Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
IIFL Finance Gold Loan Officer Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year
Kotak Mahindra Bank Gold Loan Officer Salary - ₹2.6 Lakhs to ₹3.4 Lakhs per year

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

ICICI Bank Gold Loan Officer Salary - ₹1.1 Lakhs to ₹3.6 Lakhs per year
Muthoot Fincorp Gold Loan Officer Salary - ₹1.8 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Gold Loan Officer at Muthoot Finance ranges between ₹20,221 per month to ₹21,881 per month in Mumbai. The take-home salary calculation is based on the average Muthoot Finance Gold Loan Officer salary in India which ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Gold Loan Officer at Muthoot Finance in Mumbai?

According to AmbitionBox, 100% of the Muthoot Finance Gold Loan Officers in Mumbai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Finance Gold Loan Officer Salaries in Mumbai

Muthoot Finance Gold Loan Officer salary in Mumbai ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.