Muthoot Finance Madurai Probationary Officer Salaries by 9 Employees (Updated 2025)

0 - 2 years exp.

₹2 Lakhs - ₹2.7 Lakhs

Salary of majority employees

20% more than the average Probationary Officer Salary in NBFC Companies for 0 - 2 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Human Resources Probationary Officer Salary 0 - 2 years exp. (3 salaries)	₹2.2 L/yr - ₹2.6 L/yr
BFSI, Investments & Trading Probationary Officer Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
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Finance & Accounting Probationary Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.7 L/yr
Sales & Business Development Probationary Officer Salary 1 year exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.7 L/yr

Last Updated: 13 Aug 2024

Companies similar to Muthoot Finance for Probationary Officer in Madurai

Muthoot Finance Probationary Officer Salary

0 - 2 years exp. (9 salaries)

₹2 L/yr - ₹2.7 L/yr

Company name	Avg Annual Salary	Open Jobs
The Muthoot Group Probationary Officer Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹2.5 L/yr 7% less

Probationary Officer salary at Muthoot Finance ranges between ₹2 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Probationary Officer salaries in Madurai

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹2 L/yr - ₹4.6 L/yr
1 year (3 salaries)	₹2 L/yr - ₹2.7 L/yr
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2 years (3 salaries)	₹2.2 L/yr - ₹2.7 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.

55% hike

Branch Manager 2 - 18 years exp.

22% hike

Similar Designation salaries in Muthoot Finance

Junior Executive Salary

(13 salaries)

₹1.7 L/yr - ₹3 L/yr

Assistant Manager Operations Salary

(6 salaries)

₹2 L/yr - ₹4.15 L/yr

Senior Relationship Executive Salary

(5 salaries)

₹2.4 L/yr - ₹3.1 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

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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a cluster manager

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Muthoot Finance Probationary Officer Salary FAQs

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

Probationary Officer salary at Muthoot Finance in Madurai ranges between ₹2.0 Lakhs to ₹2.7 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 20% more than the average Probationary Officer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Finance Madurai.

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

The average salary of a Probationary Officer at Muthoot Finance is 20% more than the average salary of a Probationary Officer in Madurai. 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 Madurai.

What is the salary of a Probationary Officer in companies similar to Muthoot Finance in Madurai?

The Muthoot Group Probationary Officer Salary - ₹2.0 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Probationary Officer at Muthoot Finance ranges between ₹18,182 per month to ₹19,872 per month in Madurai. The take-home salary calculation is based on the average Muthoot Finance Probationary Officer salary in India which ranges between ₹2.0 Lakhs to ₹2.7 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 Madurai?

According to AmbitionBox, 60% of the Muthoot Finance Probationary Officers in Madurai reported a notice period of 15 days or less, 40% reported a notice period of 2 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Finance Probationary Officer Salaries in Madurai

Muthoot Finance Probationary Officer salary in Madurai ranges between ₹2 Lakhs to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Muthoot Finance latest salaries received from various employees of Muthoot Finance.