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3.6

based on 5k Reviews

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Muthoot Finance Probationary Officer salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
0 - 3 years exp.
₹1.8 Lakh - ₹3.5 Lakhs
Salary of majority employees
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64% 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. (21 salaries)
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₹2.3 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Probationary Officer Salary
0 - 2 years exp. (9 salaries)
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₹2.4 L/yr - ₹3.2 L/yr

Customer Success, Service & Operations
Probationary Officer Salary
0 - 1 year exp. (4 salaries)
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₹2.5 L/yr - ₹3 L/yr

Sales & Business Development
Probationary Officer Salary
0 - 2 years exp. (AmbitionBox Estimate)
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₹2 L/yr - ₹2.9 L/yr

Last Updated: 26 Feb 2025

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

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Muthoot Finance Probationary Officer Salary

0 - 3 years exp. (44 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Bank of India Probationary Officer Salary

1 - 6 years exp. (3 salaries)
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₹9.6 L/yr - ₹11 L/yr

arrow icon 262% more
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ICICI Bank Probationary Officer Salary

0 - 6 years exp. (13 salaries)
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₹1.2 L/yr - ₹5.5 L/yr

arrow icon 45% more
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Federal Bank Probationary Officer Salary

0 - 3 years exp. (18 salaries)
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₹8 L/yr - ₹16 L/yr

arrow icon 353% more
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The Muthoot Group Probationary Officer Salary

0 - 2 years exp. (7 salaries)
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₹2 L/yr - ₹3 L/yr

arrow icon 5% less
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South Indian Bank Probationary Officer Salary

0 - 2 years exp. (4 salaries)
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₹4.8 L/yr - ₹12 L/yr

arrow icon 259% more

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Probationary Officer salary at Muthoot Finance ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 44 latest salaries received from various employees of Muthoot Finance.

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

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Experience wise Muthoot Finance Probationary Officer salaries in Hyderabad / Secunderabad

Last Updated: 26 Feb 2025

Experience Avg Annual Salary
Fresher  (11 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
1 year  (29 salaries)

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₹2.3 L/yr - ₹3.3 L/yr
2 years  (3 salaries)

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₹2 L/yr - ₹3.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹5.3 L/yr
Muthoot Finance Probationary Officer Salary and Career Growth

From

To

Probationary Officer

₹unlock blur Lakhs/yr

0 - 3 years exp.

Cluster Manager

₹unlock blur 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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arrow icon 56% hike
Branch Manager 2 - 18 years exp.
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arrow icon 22% hike

View more

Similar Designation salaries in Muthoot Finance

Finance Executive Salary
(5 salaries)
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₹1.6 L/yr - ₹2.85 L/yr
Accountant Salary
(3 salaries)
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₹2.3 L/yr - ₹3.6 L/yr
Deputy Manager Salary
(3 salaries)
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₹5.65 L/yr - ₹6.6 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

3.6

Rated by 9 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....

read more
  • 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

read more

Dislikes

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

read more
  • 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

read more
  • 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

read more
  • 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

read more
  • 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

read more
  • Salary - Bad
    • +6 more
see more salary related reviews

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2w
a senior quality lead
Help me with in hand salary
Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions
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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 ₹1.8 Lakhs to ₹3.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 64% less than the average Probationary Officer Salary in India. Salary estimates are based on 44 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 64% 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 ₹16.0 Lakhs per year
  • State Bank of India Probationary Officer Salary - ₹9.6 Lakhs to ₹11.0 Lakhs per year
  • South Indian Bank Probationary Officer Salary - ₹4.8 Lakhs to ₹12.0 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?
  • The 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 ₹20,287 per month to ₹21,946 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 ₹1.8 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 Hyderabad / Secunderabad?
According to AmbitionBox, 27% of the Muthoot Finance Probationary Officers in Hyderabad / Secunderabad reported a notice period of 15 days or less, 26% 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.

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Muthoot Finance Probationary Officer salary in Hyderabad / Secunderabad ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 44 Muthoot Finance latest salaries received from various employees of Muthoot Finance.