Muthoot Finance Probation Officer Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹2.2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

51% less than the average Probation Officer Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Probation Officer Salary 1 - 2 years exp. (3 salaries)	₹2.5 L/yr - ₹3 L/yr
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Procurement & Supply Chain Probation Officer Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr

Last Updated: 28 Apr 2024

Companies similar to Muthoot Finance for Probation Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Probation Officer Salary Fresher (4 salaries)	₹4 L/yr - ₹38.5 L/yr 426% more
Federal Bank Probation Officer Salary 0 - 2 years exp. (8 salaries)	₹9 L/yr - ₹11 L/yr 305% more
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Karnataka Bank Probation Officer Salary Fresher (6 salaries)	₹3.9 L/yr - ₹11 L/yr 197% more
South Indian Bank Probation Officer Salary 2 years exp. (4 salaries)	₹7 L/yr - ₹8 L/yr 206% more
State Bank of India Probation Officer Salary Fresher (4 salaries)	₹6.5 L/yr - ₹9 L/yr 208% more

Probation Officer salary at Muthoot Finance ranges between ₹2.2 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Probation Officer salaries

Last Updated: 28 Apr 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.2 L/yr
1 year (3 salaries)	₹1 L/yr - ₹3 L/yr
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2 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

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₹3.2 L/yr - ₹4 L/yr

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Top skills at Muthoot Finance for Probation Officer

Management Interpersonal Skills Analytical skills Customer Relationship Gold Loan Accounting Mutual Funds Cash Management direct marketing

Salary related reviews for Muthoot Finance

Rated by 1 employees for salary & benefits

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

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

Account Assistant in Alibag

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 20 Dec 2023

1.0

for Salary and Benefits

Likes

Salary is credited on time.

Dislikes

They do more work in less salary. Work time is too much. In that too, sometimes they stop for more time and work. They work on Sundays as well. Salary does not increase even after working for 8 years. Older employees give more pressure and harass them

Finance Executive in Tirunelveli

Finance & Accounting Department

5.0

• posted on 08 May 2021

5.0

for Salary and Benefits

Likes

...ansparent and friendly. Company policies are good.work with an comfortable zone.appraisals are fair and they provide good salary hike and bonus every year.

Dislikes

No dislike and no issues for this company

Accountant in Mumbai

Finance & Accounting Department

5.0

• posted on 21 Nov 2019

4.0

for Salary and Benefits

Likes

The company take cares of their employees these is the best thingh of these company whenever you do a business for the company it does not keeps the whole profit with them they share a certaiin part of it to those employees whose involvement is there to make that business sucessfull so these is the best thingh that i like about muthoot finance that they does not only think of their profit or pockets they also do take care of their employees to

Dislikes

...recovery and the worst thingh is that if i fail to punch after 9 am if also 9.1. Has became my half day salary will be deducted these is the worst thingh which almost all employees does not likes

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Muthoot Finance Probation Officer Salary FAQs

What is the salary of Probation Officer at Muthoot Finance?

Probation Officer salary at Muthoot Finance in India ranges between ₹2.2 Lakhs to ₹3.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 51% less than the average Probation 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 Probation Officer at Muthoot Finance India compare with the average salary range for this job?

The average salary of a Probation Officer at Muthoot Finance is 51% less than the average salary of a Probation Officer in India. To know exact salary insights, login to view.

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

Management, Interpersonal Skills, Analytical skills, Customer Relationship and Gold Loan are some of the popular skills required to work as a Probation Officer at Muthoot Finance India.

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

ICICI Bank Probation Officer Salary - ₹4.0 Lakhs to ₹38.5 Lakhs per year
Federal Bank Probation Officer Salary - ₹9.0 Lakhs to ₹11.0 Lakhs per year
State Bank of India Probation Officer Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
South Indian Bank Probation Officer Salary - ₹7.0 Lakhs to ₹8.0 Lakhs per year
Karnataka Bank Probation Officer Salary - ₹3.9 Lakhs to ₹11.0 Lakhs per year

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

The estimated take-home salary of a Probation Officer at Muthoot Finance ranges between ₹17,713 per month to ₹19,410 per month in India. The take-home salary calculation is based on the average Muthoot Finance Probation Officer salary in India which ranges between ₹2.2 Lakhs to ₹3.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Muthoot Finance Probation Officers reported a notice period of 15 days or less, 30% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Muthoot Finance Probation Officer Salaries

Muthoot Finance Probation Officer salary in India ranges between ₹2.2 Lakhs to ₹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.