Muthoot Fincorp HR Officer Salaries by 4 Employees

0 - 5 years exp.

₹2 Lakhs - ₹4 Lakhs

Low Confidence

Salary of majority employees

34% less than the average HR Officer Salary in NBFC Companies for 0 - 5 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Muthoot Fincorp for HR Officer

Company name	Avg Annual Salary	Open Jobs
CreditAccess Grameen HR Officer Salary 2 - 8 years exp. (9 salaries)	₹3 L/yr - ₹4.1 L/yr 35% more
Electronica Finance HR Officer Salary 1 - 4 years exp. (6 salaries)	₹3.3 L/yr - ₹4.1 L/yr 31% more
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Muthoot Microfin HR Officer Salary 0 - 9 years exp. (5 salaries)	₹2.7 L/yr - ₹4.3 L/yr 15% more
SK Finance Limited HR Officer Salary 0 - 2 years exp. (5 salaries)	₹2.5 L/yr - ₹3 L/yr 3% more
MAS Financial Services HR Officer Salary 2 - 4 years exp. (5 salaries)	₹2.3 L/yr - ₹3.8 L/yr 2% less	1 job opening
IIFL Finance HR Officer Salary 1 - 3 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr 34% more
Manappuram Finance HR Officer Salary 3 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹3.9 L/yr 19% more
Five-Star Business Finance HR Officer Salary 1 - 2 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 8% more
Ugro Capital HR Officer Salary 2 - 5 years exp. (4 salaries)	₹4.6 L/yr - ₹10 L/yr 155% more

HR Officer salary at Muthoot Fincorp ranges between ₹2 Lakhs to ₹4 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp HR Officer salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr

Similar Designation salaries in Muthoot Fincorp

HR Executive Salary

(16 salaries)

₹1.44 L/yr - ₹3.2 L/yr

HR Specialist Salary

(12 salaries)

₹5.8 L/yr - ₹12.5 L/yr

Assistant Manager- HR Salary

(11 salaries)

₹3.2 L/yr - ₹6 L/yr

Zonal HR Manager Salary

(9 salaries)

₹7.55 L/yr - ₹12.7 L/yr

Senior HR Executive Salary

(7 salaries)

₹2.84 L/yr - ₹3.75 L/yr

Senior Manager-HR Salary

(6 salaries)

₹8.5 L/yr - ₹19.15 L/yr

Deputy Manager HR Salary

(6 salaries)

₹4.5 L/yr - ₹6.5 L/yr

HR Manager Salary

(6 salaries)

₹4.25 L/yr - ₹8.2 L/yr

Senior Human Resource Officer Salary

(4 salaries)

₹5 L/yr - ₹14 L/yr

Executive - Operations and HR Salary

(4 salaries)

₹1.6 L/yr - ₹4.2 L/yr

Salary related reviews for Muthoot Fincorp

Senior HR Executive in Bangalore / Bengaluru

Full Time

Human Resources Department

3.0

• posted on 07 Nov 2024

3.0

for Salary and Benefits

Likes

Work life Balance, on time salary,

Skill development - Good

+2 more

Dislikes

Less growth as many employees are in lower management even after spending 10+ years in the company. Less support department employees head count to coordinate with big number of employees pool.

Junior Manager HR in Pankaj Towers, Punnen Road, Thiruvananthapuram

Full Time

Human Resources Department

5.0

• posted on 27 Jul 2023

1.0

for Salary and Benefits

Likes

We have our own comfort while working here because there is no work pressure but we have to develop skills our own. But without any doubt I can proudly say the long stint of 9.5 years with Muthoot has sobered in motivation and enlightened my career knowledge.

Skill development - Good

+3 more

Dislikes

Low salary, no hike, no encouraging co-workers, Managers always gaining benefit of their own by taking advantage of work done by subordinates.

Salary - Bad

+1 more

Assistant Manager Administrator in Kozhikode

Infrastructure and administration Department

4.0

• posted on 15 Jan 2019

2.0

for Salary and Benefits

Likes

Done lots of travel in North Kerala. There is a Muthoot Fincorp branch in every nook and corner of Kerala

Promotions - Good

+1 more

Dislikes

Roles and responsibilities did not change even after promotion and there was no significant hike in salary as well

Salary - Poor

State Legal Manager in Lucknow

Full Time

Legal & Regulatory Department

3.0

• posted on 11 Feb 2025

2.0

for Salary and Benefits

Likes

Job security

Skill development - Excellent

+2 more

Dislikes

No support or respect for support verticles. Salary will be the lowest as per the market standard or industry. Had to report office at sharp 9:30 AM morning and late night sittings. No week off in last 10 days of months. you have to work on Sundays also.

Salary - Poor

+1 more

Senior Executive in Goa

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 06 Jan 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

... 3months.. you work there n within 3months you search for another organisation.. they offer lowest salary in the market.. and on top of it you'll have to serve 2months or 3months resignation period and after that also they will not provide you ur reliving letter n even your full n final settlement will not happen.. they take year to do Full and final settlement.. I was the employee here after 2 years I gave resignation fir better opportunity but m lacking behind only because I don't have reliving letter.. even after 4 months and tones of followups with them they arey not giving me my reliving letter and my salary.. so think before you join.. here no one will help you manager area manager regional manager no one.. worst company it is.. u better seat home rather you join in muthoot Fincorp.. if you join you will regret it till your alive mark my words.. they are totally unprofessional and behave rediculous.. THINK BEFOR YOU JOIN MUTHOOT FINCORP LTD

Salary - Bad

+6 more

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Fincorp HR Officer Salary FAQs

What is the salary of HR Officer at Muthoot Fincorp ?

The average salary of a HR Officer at Muthoot Fincorp in India typically ranges from ₹2.0 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of HR Officer at Muthoot Fincorp earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. HR Officer Salaries at Muthoot Fincorp can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Muthoot Fincorp employees in India.

What is the estimated take home salary of a HR Officer at Muthoot Fincorp in India?

The estimated take-home salary of a HR Officer at Muthoot Fincorp in India typically ranges from ₹19,791 to ₹21,458 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher to 5 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Fincorp for HR Officer in India?

Ugro Capital	₹4.6 Lakhs to ₹10.0 Lakhs per year
CreditAccess Grameen	₹3.0 Lakhs to ₹4.1 Lakhs per year
IIFL Finance	₹2.8 Lakhs to ₹5.0 Lakhs per year
Electronica Finance	₹3.3 Lakhs to ₹4.1 Lakhs per year
Manappuram Finance	₹2.8 Lakhs to ₹3.9 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.

What is the salary of a HR Officer in companies similar to Muthoot Fincorp in India?

The salary of a HR Officer at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Microfin	₹2.7 Lakhs to ₹4.3 Lakhs per year
Five-Star Business Finance	₹2.7 Lakhs to ₹3.5 Lakhs per year
SK Finance Limited	₹2.5 Lakhs to ₹3.0 Lakhs per year
MAS Financial Services	₹2.3 Lakhs to ₹3.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a HR Officer at Muthoot Fincorp in India?

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

Experience	Average Salary Range
Fresher	₹1.9 Lakhs to ₹2.5 Lakhs per year
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
5 years	₹3.6 Lakhs to ₹4.6 Lakhs per year

and so on.

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Muthoot Fincorp HR Officer Salaries by Location

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Muthoot Fincorp HR Officer Salaries

Muthoot Fincorp HR Officer salary in India ranges between ₹2 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

Muthoot Fincorp HR Officer salaries in India

Companies similar to Muthoot Fincorp for HR Officer

Latest annual salaries shared by Muthoot Fincorp HR Officer

Experience wise Muthoot Fincorp HR Officer salaries

Similar Designation salaries in Muthoot Fincorp

Salary related reviews for Muthoot Fincorp

Senior HR Executive in Bangalore / Bengaluru

Junior Manager HR in Pankaj Towers, Punnen Road, Thiruvananthapuram

Assistant Manager Administrator in Kozhikode

State Legal Manager in Lucknow

Senior Executive in Goa

Muthoot Fincorp HR Officer Salary FAQs

Tell us how to improve this page.

Muthoot Fincorp HR Officer Salaries by Location