Muthoot Finance Operations Officer Salaries by 5 Employees (Updated 2024)

1 - 5 years exp.

₹2 Lakhs - ₹2.3 Lakhs

Low Confidence

Salary of majority employees

41% less than the average Operations Officer Salary in NBFC Companies for 1 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Operations Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.3 L/yr
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Finance & Accounting Operations Officer Salary 2 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

Last Updated: 13 Mar 2023

Companies similar to Muthoot Finance for Operations Officer

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Operations Officer Salary 1 - 5 years exp. (16 salaries)	₹1.8 L/yr - ₹3.4 L/yr 23% more
Bajaj Finance Operations Officer Salary 0 - 3 years exp. (6 salaries)	₹1 L/yr - ₹3 L/yr 12% more
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HDFC Bank Operations Officer Salary 1 - 6 years exp. (79 salaries)	₹1.4 L/yr - ₹4.5 L/yr 15% more
ICICI Bank Operations Officer Salary 0 - 5 years exp. (52 salaries)	₹1.5 L/yr - ₹4.6 L/yr 44% more
Axis Bank Operations Officer Salary 1 - 4 years exp. (25 salaries)	₹1.8 L/yr - ₹4 L/yr 30% more
Kotak Mahindra Bank Operations Officer Salary 0 - 4 years exp. (7 salaries)	₹1.3 L/yr - ₹2.8 L/yr 24% more
Tata Capital Operations Officer Salary 0 - 5 years exp. (12 salaries)	₹2.5 L/yr - ₹5.3 L/yr 88% more
Aditya Birla Finance Operations Officer Salary 0 - 5 years exp. (5 salaries)	₹3.3 L/yr - ₹4 L/yr 67% more
SMFG India Credit Operations Officer Salary 1 - 6 years exp. (50 salaries)	₹1.4 L/yr - ₹3.5 L/yr 26% more
Sammaan Capital Limited Operations Officer Salary 0 - 6 years exp. (44 salaries)	₹2 L/yr - ₹3.2 L/yr 29% more
HDB Financial Services Operations Officer Salary 1 - 7 years exp. (24 salaries)	₹1.4 L/yr - ₹4.3 L/yr 15% more
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Muthoot Fincorp Operations Officer Salary 2 - 6 years exp. (18 salaries)	₹2 L/yr - ₹2.8 L/yr 17% more
IIFL Finance Operations Officer Salary 0 - 12 years exp. (15 salaries)	₹2.3 L/yr - ₹4.1 L/yr 51% more
Poonawalla Fincorp Operations Officer Salary 0 - 8 years exp. (12 salaries)	₹2.3 L/yr - ₹6.1 L/yr 62% more
L&T Finance Operations Officer Salary 1 - 5 years exp. (6 salaries)	₹2.3 L/yr - ₹3.3 L/yr 34% more
Tata Capital Housing Finance Operations Officer Salary 2 - 8 years exp. (4 salaries)	₹2.3 L/yr - ₹4.2 L/yr 60% more
Mahindra Finance Operations Officer Salary 1 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.2 L/yr 49% more
IDFC FIRST Bharat Operations Officer Salary 2 - 3 years exp. (3 salaries)	₹2.5 L/yr - ₹4.1 L/yr 49% more

Operations Officer salary at Muthoot Finance ranges between ₹2 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Operations Officer salaries

Last Updated: 13 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr
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3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.3 L/yr
5 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr

Similar Designation salaries in Muthoot Finance

Senior Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Operations Associate Salary

(4 salaries)

₹2.4 L/yr - ₹3.5 L/yr

Operations Executive Salary

(108 salaries)

₹1.35 L/yr - ₹3.6 L/yr

Relationship Manager Salary

(34 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Officer Salary

(4 salaries)

₹1.5 L/yr - ₹2.22 L/yr

Supervisor Salary

(4 salaries)

₹1 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(79 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Quality Analyst Salary

(AmbitionBox Estimate)

₹4.4 L/yr - ₹5.6 L/yr

Team Lead Salary

(25 salaries)

₹1.8 L/yr - ₹3.85 L/yr

Salary related reviews for Muthoot Finance

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

Customer Care Executive in New Delhi

Full Time

Human Resources Department

5.0

• posted on 28 May 2024

4.0

for Salary and Benefits

Likes

Muthoot finance is a professional company and all the workers working in the company are given timely salary and promotion. Muthoot finance is a good company for newly joined employees to improve their career.

Dislikes

Muthoot finance is not A bad company for me. So I won't say bad.

Customer Care Executive in Agra

Full Time

Sales & Business Development Department

2.0

• posted on 06 May 2023

2.0

for Salary and Benefits

Likes

I like about working at muthoot finance some policies are good..

Dislikes

I just share my review for muthoot finance there is some policies are not favour of staff like salary, promotion and leaves and holidays. There is old staff future is not bright because they are taking a lots of time for promotion and also salary is very low is this inflation time and new staff and old staff salary is mostly same.. there is second and fourth saturday is also working when most of the banks and NBFC is closed, festival holiday is so low.. so its not my request that is all staff request please understand the whole staff needs who working in muthoot finance ..some times they give the pressure to staff.. They have submitted the all staff original documents like marksheet so thats not correct..

Customer Care Executive in Chandigarh

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 Oct 2022

1.0

for Salary and Benefits

Likes

I like muthoot finance tranfer system..

Dislikes

Work culture , low salary and there are very poor promotion culture, target pressure .evry think is worst in muthoot finance that's why a lot of staff is leave job from muthoot

Customer Care Executive in Nashik

Sales & Business Development Department

3.0

• posted on 21 Jan 2022

4.0

for Salary and Benefits

Likes

Good work environment. Team mates are supportive. Bonus and salaries are always on time. Company policies are also good.

Dislikes

The management is not that supportive and no career growth. You will not be promoted easily. There is a bond of 2 years before which you can't resign. If business does not happen according to their decision then they ask us to sit late and work.

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a technical project manager

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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 Operations Officer Salary FAQs

What is the salary of Operations Officer at Muthoot Finance?

Operations Officer salary at Muthoot Finance in India ranges between ₹2.0 Lakhs to ₹2.3 Lakhs for experience between 1 years to 5 years. According to our estimates it is 41% less than the average Operations Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance India.

How does the salary of a Operations Officer at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Operations Officer at Muthoot Finance is 41% less than the average salary of a Operations Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Finance to a Operations Officer in India?

Tata Capital Operations Officer Salary - ₹2.5 Lakhs to ₹5.3 Lakhs per year
Aditya Birla Finance Operations Officer Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
Poonawalla Fincorp Operations Officer Salary - ₹2.3 Lakhs to ₹6.1 Lakhs per year
Tata Capital Housing Finance Operations Officer Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
IIFL Finance Operations Officer Salary - ₹2.3 Lakhs to ₹4.1 Lakhs per year

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

Mahindra Finance Operations Officer Salary - ₹3.0 Lakhs to ₹3.2 Lakhs per year
IDFC FIRST Bharat Operations Officer Salary - ₹2.5 Lakhs to ₹4.1 Lakhs per year
ICICI Bank Operations Officer Salary - ₹1.5 Lakhs to ₹4.6 Lakhs per year
L&T Finance Operations Officer Salary - ₹2.3 Lakhs to ₹3.3 Lakhs per year
Axis Bank Operations Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Operations Officer at Muthoot Finance ranges between ₹14,472 per month to ₹15,994 per month in India. The take-home salary calculation is based on the average Muthoot Finance Operations Officer salary in India which ranges between ₹2.0 Lakhs to ₹2.3 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Operations Officer at Muthoot Finance?

According to AmbitionBox, 100% of the Muthoot Finance Operations Officers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Finance Operations Officer Salaries

Muthoot Finance Operations Officer salary in India ranges between ₹2 Lakhs to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.