Muthoot Finance Chennai Probationary Officer Salaries by 30+ Employees (Updated 2025)

0 - 3 years exp.

₹2 Lakhs - ₹3.5 Lakhs

Salary of majority employees

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66% less than the average Probationary Officer Salary in NBFC Companies for 0 - 3 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Finance & Accounting Probationary Officer Salary 0 - 3 years exp. (12 salaries)	Unlock ₹2 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Probationary Officer Salary 0 - 2 years exp. (6 salaries)	Unlock ₹2.5 L/yr - ₹3.2 L/yr
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Human Resources Probationary Officer Salary 1 - 2 years exp. (3 salaries)	Unlock ₹2.5 L/yr - ₹2.9 L/yr
Customer Success, Service & Operations Probationary Officer Salary 1 year exp. (AmbitionBox Estimate)	Unlock ₹2.6 L/yr - ₹2.8 L/yr
Sales & Business Development Probationary Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹2.5 L/yr - ₹2.7 L/yr

Last Updated: 7 Mar 2025

Companies similar to Muthoot Finance for Probationary Officer in Chennai

Muthoot Finance Probationary Officer Salary

0 - 3 years exp. (30 salaries)

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₹2 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Probationary Officer Salary 0 - 4 years exp. (8 salaries)	Unlock ₹7 L/yr - ₹13 L/yr 303% more
ICICI Bank Probationary Officer Salary 0 - 5 years exp. (5 salaries)	Unlock ₹2 L/yr - ₹4 L/yr 48% more
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Canara Bank Probationary Officer Salary 1 - 3 years exp. (4 salaries)	Unlock ₹6.5 L/yr - ₹10 L/yr 216% more
Federal Bank Probationary Officer Salary 0 - 3 years exp. (10 salaries)	Unlock ₹7.3 L/yr - ₹13.4 L/yr 381% more
South Indian Bank Probationary Officer Salary 1 - 2 years exp. (7 salaries)	Unlock ₹8 L/yr - ₹11 L/yr 278% more

Probationary Officer salary at Muthoot Finance ranges between ₹2 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 30 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Probationary Officer in Chennai

5d ago

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4 months exp.

3w ago

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1 month exp.

1mo ago

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3 years exp.

1mo ago

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2 years exp.

3mo ago

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3 years exp.

3mo ago

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1 year exp.

3mo ago

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1 year exp.

4mo ago

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1 month exp.

5mo ago

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1 year exp.

5mo ago

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1 year exp.

Experience wise Muthoot Finance Probationary Officer salaries in Chennai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
Fresher (8 salaries)	Unlock ₹2 L/yr - ₹3 L/yr
1 year (11 salaries)	Unlock ₹2 L/yr - ₹3.2 L/yr
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2 years (8 salaries)	Unlock ₹2 L/yr - ₹3.5 L/yr
3 years (3 salaries)	Unlock ₹2 L/yr - ₹3 L/yr

From

Probationary Officer

₹

Lakhs/yr

0 - 3 years exp.

Cluster Manager

₹

Lakhs/yr

8 - 20 years exp.

Probationary Officer

0 - 3 years exp.

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Assistant Manager

0 - 10 years exp.

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55% hike

Branch Manager

2 - 18 years exp.

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22% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Finance

Finance Executive Salary

(14 salaries)

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₹1.44 L/yr - ₹3.5 L/yr

Deputy Manager Salary

(5 salaries)

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₹4.4 L/yr - ₹6.3 L/yr

Accountant Salary

(4 salaries)

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₹2 L/yr - ₹2.73 L/yr

Top skills at Muthoot Finance for Probationary Officer

Gold Loan Accounting Customer Relationship Cash Management Finance Mutual Funds direct marketing Banking Operations Analytical skills Management Interpersonal Skills Marketing Communication Skills Sales Cash Handling

Salary related reviews for Muthoot Finance

4.0

Rated by 1 employees for salary & benefits

Probationary Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Oct 2023

1.0

for Salary and Benefits

Likes

There is no likes totally watse of time & carrier.....

Dislikes

...islike especially there is no support from cbm totally politics in management...no proper salary no proper incentive everything was fake...there is no customer support all are management support.... cheating there customer.... especially chennai Annanagar cluster and their branches....till more to tell the dislike,not only as a employee in future i will never become a customer to Muthoot finance 😡🤬not only myself will also suggest my family members and friends to not go to Muthoot finance forever....

Salary - Bad

+6 more

Probationary Officer in Vellore

Financial Services Department

1.0

• posted on 14 May 2021

2.0

for Salary and Benefits

Likes

One of the worst company ever working culture is very very worst and lose my last month salary also he cheating with all employees

Dislikes

There is a lot of politics and management doesn't address our issues.salary is not satify there is bond for one year

Salary - Poor

+6 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

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

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

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Finance Probationary Officer Salary FAQs

What is the salary of Probationary Officer at Muthoot Finance Chennai?

Probationary Officer salary at Muthoot Finance in Chennai ranges between ₹2.0 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 66% less than the average Probationary Officer Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Muthoot Finance Chennai.

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

The average salary of a Probationary Officer at Muthoot Finance is 66% less than the average salary of a Probationary Officer in Chennai. To know exact salary insights, login to view.

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

Gold Loan, Accounting, Customer Relationship, Cash Management and Finance are some of the popular skills required to work as a Probationary Officer at Muthoot Finance Chennai.

Which similar companies are paying more than Muthoot Finance to a Probationary Officer in Chennai?

Federal Bank Probationary Officer Salary - ₹7.3 Lakhs to ₹13.4 Lakhs per year
State Bank of India Probationary Officer Salary - ₹7.0 Lakhs to ₹13.0 Lakhs per year
South Indian Bank Probationary Officer Salary - ₹8.0 Lakhs to ₹11.0 Lakhs per year
Canara Bank Probationary Officer Salary - ₹6.5 Lakhs to ₹10.0 Lakhs per year
ICICI Bank Probationary Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Probationary Officer at Muthoot Finance in Chennai?

The estimated take-home salary of a Probationary Officer at Muthoot Finance ranges between ₹19,094 per month to ₹20,771 per month in Chennai. The take-home salary calculation is based on the average Muthoot Finance Probationary Officer salary in India which ranges between ₹2.0 Lakhs to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

What is the notice period for Probationary Officer at Muthoot Finance in Chennai?

According to AmbitionBox, 41% of the Muthoot Finance Probationary Officers in Chennai reported a notice period of 1 Month, 33% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

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Muthoot Finance Probationary Officer Salaries in Chennai

Muthoot Finance Probationary Officer salary in Chennai ranges between ₹2 Lakhs to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Probationary Officer salaries in Chennai (Updated 2025)

Companies similar to Muthoot Finance for Probationary Officer in Chennai

Latest annual salaries shared by Muthoot Finance Probationary Officer in Chennai

Experience wise Muthoot Finance Probationary Officer salaries in Chennai

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Probationary Officer

Salary related reviews for Muthoot Finance

Probationary Officer (working remotely)

Probationary Officer in Vellore

Deputy Manager in Rae Bareli

Deputy Manager in Bhubaneswar

Account Assistant in Alibag

Muthoot Finance Probationary Officer Salary FAQs

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