Muthoot Finance Hyderabad / Secunderabad Probationary Officer Salaries by 40+ Employees (Updated 2024)

0 - 2 years exp.

₹1.4 Lakh - ₹3.5 Lakhs

Salary of majority employees

65% less than the average Probationary Officer Salary in NBFC Companies for 0 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Probationary Officer Salary 0 - 2 years exp. (20 salaries)	₹2.3 L/yr - ₹3.5 L/yr
BFSI, Investments & Trading Probationary Officer Salary 0 - 2 years exp. (9 salaries)	₹2.4 L/yr - ₹3.2 L/yr
Login to view exact salary
Customer Success, Service & Operations Probationary Officer Salary 0 - 1 year exp. (4 salaries)	₹2.5 L/yr - ₹3 L/yr
Sales & Business Development Probationary Officer Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr
Marketing & Communication Probationary Officer Salary 1 year exp. (AmbitionBox Estimate)	₹1.4 L/yr - ₹2.5 L/yr

Last Updated: 7 Dec 2024

Companies similar to Muthoot Finance for Probationary Officer in Hyderabad / Secunderabad

Muthoot Finance Probationary Officer Salary

0 - 2 years exp. (43 salaries)

₹1.4 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Probationary Officer Salary 1 - 6 years exp. (3 salaries)	₹9.5 L/yr - ₹10.7 L/yr 283% more
ICICI Bank Probationary Officer Salary 0 - 5 years exp. (12 salaries)	₹1.2 L/yr - ₹5.5 L/yr 69% more
Login to view exact salary
Federal Bank Probationary Officer Salary 0 - 3 years exp. (15 salaries)	₹8 L/yr - ₹14.7 L/yr 350% more
Muthoot Group Probationary Officer Salary 0 - 2 years exp. (7 salaries)	₹2 L/yr - ₹3 L/yr 3% less
South Indian Bank Probationary Officer Salary 1 - 2 years exp. (3 salaries)	₹7 L/yr - ₹12 L/yr 336% more

Probationary Officer salary at Muthoot Finance ranges between ₹1.4 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 43 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Probationary Officer salaries in Hyderabad / Secunderabad

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
Fresher (10 salaries)	₹2.2 L/yr - ₹3.5 L/yr
1 year (30 salaries)	₹1.4 L/yr - ₹3.3 L/yr
Login to view exact salary
2 years (3 salaries)	₹2 L/yr - ₹3.2 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.

Assistant Manager 0 - 10 years exp.

53% hike

Branch Manager 2 - 18 years exp.

26% hike

Similar Designation salaries in Muthoot Finance

Finance Executive Salary

(5 salaries)

₹1.6 L/yr - ₹2.45 L/yr

Accountant Salary

(3 salaries)

₹2.3 L/yr - ₹3.6 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

3.2

Rated by 8 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....

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

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

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?

Got a question about Muthoot Finance?

Ask anonymously on communities.

Muthoot Finance Probationary Officer Salary FAQs

What is the salary of Probationary Officer at Muthoot Finance Hyderabad / Secunderabad?

Probationary Officer salary at Muthoot Finance in Hyderabad / Secunderabad ranges between ₹1.4 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 65% less than the average Probationary Officer Salary in India. Salary estimates are based on 43 latest salaries received from various employees of Muthoot Finance Hyderabad / Secunderabad.

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

The average salary of a Probationary Officer at Muthoot Finance is 65% less than the average salary of a Probationary Officer in Hyderabad / Secunderabad. 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 Hyderabad / Secunderabad.

Which similar companies are paying more than Muthoot Finance to a Probationary Officer in Hyderabad / Secunderabad?

Federal Bank Probationary Officer Salary - ₹8.0 Lakhs to ₹14.7 Lakhs per year
South Indian Bank Probationary Officer Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
State Bank of India Probationary Officer Salary - ₹9.5 Lakhs to ₹10.7 Lakhs per year
ICICI Bank Probationary Officer Salary - ₹1.2 Lakhs to ₹5.5 Lakhs per year

What is the salary of a Probationary Officer in companies similar to Muthoot Finance in Hyderabad / Secunderabad?

Muthoot Group Probationary Officer Salary - ₹2.0 Lakhs to ₹3.0 Lakhs per year

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

The estimated take-home salary of a Probationary Officer at Muthoot Finance ranges between ₹18,521 per month to ₹20,206 per month in Hyderabad / Secunderabad. The take-home salary calculation is based on the average Muthoot Finance Probationary Officer salary in India which ranges between ₹1.4 Lakhs to ₹3.5 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 Probationary Officer at Muthoot Finance in Hyderabad / Secunderabad?

According to AmbitionBox, 30% of the Muthoot Finance Probationary Officers in Hyderabad / Secunderabad 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 30 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Muthoot Finance Salaries >
Muthoot Finance Probationary Officer Salaries >
Muthoot Finance Probationary Officer Salaries in Hyderabad / Secunderabad

Muthoot Finance Probationary Officer salary in Hyderabad / Secunderabad ranges between ₹1.4 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 43 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Probationary Officer salaries in Hyderabad / Secunderabad

Companies similar to Muthoot Finance for Probationary Officer in Hyderabad / Secunderabad

Latest annual salaries shared by Muthoot Finance Probationary Officer in Hyderabad / Secunderabad

Experience wise Muthoot Finance Probationary Officer salaries in Hyderabad / Secunderabad

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

Tell us how to improve this page.