Muthoot Finance Senior Loan Officer Salaries by 2 Employees

5 - 7 years exp.

₹3.2 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 20 Jan 2024

Companies similar to Muthoot Finance for Senior Loan Officer

Company name	Avg Annual Salary	Open Jobs
Capri Global Capital Senior Loan Officer Salary 2 - 8 years exp. (146 salaries)	₹2.6 L/yr - ₹4.5 L/yr At par
HDB Financial Services Senior Loan Officer Salary 0 - 4 years exp. (7 salaries)	₹1.9 L/yr - ₹2.1 L/yr 39% less
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Bharat Financial Inclusion Senior Loan Officer Salary 1 - 4 years exp. (5 salaries)	₹1.9 L/yr - ₹2.3 L/yr 35% less
Spandana Sphoorty Financial Senior Loan Officer Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 32% less
IIFL Finance Senior Loan Officer Salary 2 - 5 years exp. (3 salaries)	₹2.6 L/yr - ₹3.4 L/yr 11% less

Senior Loan Officer salary at Muthoot Finance ranges between ₹3.2 Lakhs to ₹4 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 2 latest salaries received from various employees of Muthoot Finance.

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Salary related reviews for Muthoot Finance

Business Development Associate in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 17 Feb 2025

1.0

for Salary and Benefits

Likes

Good things was it's near to my home and time was flexible and leaves were good

Dislikes

Many things salary is first but never received on time salary everytime and incentives were not given properly no skill development only work like hell and call customer daily but they were not even interested to get benifits and fooling customer by false words work environment was ok because manager and employee misunderstanding more

Salary - Bad

+5 more

Sales Manager in Kochi

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

Skill development - Bad

+5 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

Branch Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 28 Oct 2024

4.0

for Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

Salary - Good

+2 more

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

Job security - Bad

+3 more

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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Finance Senior Loan Officer Salary FAQs

How the salary growth look like for a Senior Loan Officer at Muthoot Finance in India?

The salary growth for a Senior Loan Officer at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Senior Loan Officer can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
7 years	₹2.7 Lakhs to ₹3.5 Lakhs per year

and so on.

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Muthoot Finance Senior Loan Officer Salaries

Muthoot Finance Senior Loan Officer salary in India ranges between ₹3.2 Lakhs to ₹4 Lakhs. This is an estimate based on latest salaries received from employees of Muthoot Finance.