Muthoot Fincorp Loan Processor Salaries by 20+ Employees (Updated 2025)

0 - 3 years exp.

₹1.2 Lakh - ₹2.5 Lakhs

Salary of majority employees

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40% less than the average Loan Processor Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting Loan Processor Salary 0 - 2 years exp. (13 salaries)	Unlock ₹1.2 L/yr - ₹2 L/yr
BFSI, Investments & Trading Loan Processor Salary 1 - 2 years exp. (5 salaries)	Unlock ₹1.4 L/yr - ₹2.3 L/yr
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Customer Success, Service & Operations Loan Processor Salary 1 - 3 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹2.4 L/yr

Last Updated: 8 Apr 2023

Companies similar to Muthoot Fincorp for Loan Processor

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Loan Processor Salary 0 - 5 years exp. (5 salaries)	Unlock ₹1.8 L/yr - ₹3 L/yr 21% more
Bajaj Finance Loan Processor Salary 1 - 4 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹2.2 L/yr 1% more
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Shriram Finance Loan Processor Salary 1 - 7 years exp. (4 salaries)	Unlock ₹2 L/yr - ₹2.1 L/yr 14% more
HDB Financial Services Loan Processor Salary 1 - 3 years exp. (49 salaries)	Unlock ₹0.9 L/yr - ₹3.1 L/yr 16% more
CreditAccess Grameen Loan Processor Salary 1 - 5 years exp. (5 salaries)	Unlock ₹1.8 L/yr - ₹2 L/yr 7% more
Kotak Mahindra Prime Loan Processor Salary 4 - 6 years exp. (3 salaries)	Unlock ₹1.7 L/yr - ₹2.8 L/yr 16% more
SMFG India Credit Loan Processor Salary 2 - 4 years exp. (3 salaries)	Unlock ₹2.4 L/yr - ₹2.8 L/yr 47% more

Loan Processor salary at Muthoot Fincorp ranges between ₹1.2 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 27 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Loan Processor

1y ago

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2 years exp.

1y ago

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2 years exp.

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2 years exp.

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1 year exp.

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2 years exp.

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3 years exp.

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2 years exp.

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1 year exp.

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1 year exp.

Experience wise Muthoot Fincorp Loan Processor salaries

Last Updated: 8 Apr 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.5 L/yr - ₹2 L/yr
1 year (11 salaries)	Unlock ₹1.1 L/yr - ₹2.4 L/yr
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2 years (11 salaries)	Unlock ₹1.1 L/yr - ₹2.4 L/yr
3 years (3 salaries)	Unlock ₹1.8 L/yr - ₹2.5 L/yr

Similar Designation salaries in Muthoot Fincorp

Team Lead Salary

(5 salaries)

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₹2.2 L/yr - ₹3.34 L/yr

Analyst Salary

(AmbitionBox Estimate)

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₹2.7 L/yr - ₹3.5 L/yr

Finance Executive Salary

(29 salaries)

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₹1.3 L/yr - ₹3.3 L/yr

Accountant Salary

(13 salaries)

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₹1.35 L/yr - ₹3.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

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₹1.8 L/yr - ₹2.3 L/yr

Deputy Manager Salary

(68 salaries)

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₹2.75 L/yr - ₹7.9 L/yr

Accounts Officer Salary

(6 salaries)

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₹1.2 L/yr - ₹3 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

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₹2.1 L/yr - ₹2.6 L/yr

Process Associate Salary

(3 salaries)

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₹1.2 L/yr - ₹1.5 L/yr

Salary related reviews for Muthoot Fincorp

4.3

Rated by 5 employees for salary & benefits

Finance Executive in Nagpur

Finance & Accounting Department

4.0

• posted on 29 May 2020

3.0

for Salary and Benefits

Likes

I have working last 1 and half year with Muthoot Fincorp LTd. my work experience better and joy full all Manager are saporting me on field work.

Skill development - Good

+2 more

Dislikes

In lockdown Company deducted salary and push on Fild work in corona Covid 19 condition

Job security - 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

Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

5.0

for Salary and Benefits

Likes

The opportunities for continuous learning and professional development & salary credited on time.

Salary - Excellent

+5 more

Dislikes

Company is great no dought ,I am working here last 1.5 years and I see some people have two faces and changing their own words according to the situation. All over great !

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

3.0

for Salary and Benefits

Likes

Working timing is good, and salary is always come on time.

Job security - Good

+2 more

Dislikes

In this company salary increment is done according to the outstanding of the branch, so the new staff who join in a smaller branch will not get any benefit. If increment is done according to the outstanding of the branch then the vintage staff should get a bigger branch according to their individual score card or there should be shuffling of all employees every 2 years.

Promotions - Bad

Senior Customer Service Executive in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 30 Dec 2024

4.0

for Salary and Benefits

Likes

Working timing is good, Salary come on time , great place for girls as they get job nearest to home

Salary - Good

+2 more

Dislikes

Working culture is toxic in some branches as there is lot of gap between management and employees. Employees do not able to contact HR for their problems. Appraisal and increment is not good as only buttering people get that.

Promotions - Poor

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Fincorp Loan Processor Salary FAQs

What is the salary of Loan Processor at Muthoot Fincorp?

Loan Processor salary at Muthoot Fincorp in India ranges between ₹1.2 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 40% less than the average Loan Processor Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Muthoot Fincorp India.

How does the salary of a Loan Processor at Muthoot Fincorp India compare with the average salary range for this job?

The average salary of a Loan Processor at Muthoot Fincorp is 40% less than the average salary of a Loan Processor in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Fincorp to a Loan Processor in India?

SMFG India Credit Loan Processor Salary - ₹2.4 Lakhs to ₹2.8 Lakhs per year
Manappuram Finance Loan Processor Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year
HDB Financial Services Loan Processor Salary - ₹0.9 Lakhs to ₹3.1 Lakhs per year
Kotak Mahindra Prime Loan Processor Salary - ₹1.7 Lakhs to ₹2.8 Lakhs per year
Shriram Finance Loan Processor Salary - ₹2.0 Lakhs to ₹2.1 Lakhs per year

What is the salary of a Loan Processor in companies similar to Muthoot Fincorp in India?

CreditAccess Grameen Loan Processor Salary - ₹1.8 Lakhs to ₹2.0 Lakhs per year
Bajaj Finance Loan Processor Salary - ₹1.8 Lakhs to ₹2.2 Lakhs per year

What is the estimated take home salary of a Loan Processor at Muthoot Fincorp in India?

The estimated take-home salary of a Loan Processor at Muthoot Fincorp ranges between ₹12,256 per month to ₹13,586 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Loan Processor salary in India which ranges between ₹1.2 Lakhs to ₹2.5 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 Loan Processor at Muthoot Fincorp?

According to AmbitionBox, 40% of the Muthoot Fincorp Loan Processors reported a notice period of 15 days or less, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Loan Processor Salaries by Location

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Muthoot Fincorp Loan Processor Salaries

Muthoot Fincorp Loan Processor salary in India ranges between ₹1.2 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.