Muthoot Fincorp Loan Processor Salaries by 20+ Employees (Updated 2024)

0 - 3 years exp.

₹1.2 Lakh - ₹2.5 Lakhs

Salary of majority employees

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)	₹1.2 L/yr - ₹2 L/yr
BFSI, Investments & Trading Loan Processor Salary 1 - 2 years exp. (5 salaries)	₹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)	₹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)	₹1.8 L/yr - ₹3 L/yr 21% more
Bajaj Finance Loan Processor Salary 1 - 4 years exp. (3 salaries)	₹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)	₹2 L/yr - ₹2.1 L/yr 14% more
HDB Financial Services Loan Processor Salary 1 - 5 years exp. (52 salaries)	₹0.9 L/yr - ₹3.1 L/yr 17% more
CreditAccess Grameen Loan Processor Salary 1 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2 L/yr 7% more
Kotak Mahindra Prime Loan Processor Salary 4 - 6 years exp. (3 salaries)	₹1.7 L/yr - ₹2.8 L/yr 16% more
SMFG India Credit Loan Processor Salary 2 - 4 years exp. (3 salaries)	₹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.

Experience wise Muthoot Fincorp Loan Processor salaries

Last Updated: 8 Apr 2023

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

Similar Designation salaries in Muthoot Fincorp

Team Lead Salary

(5 salaries)

₹2.2 L/yr - ₹3.34 L/yr

Analyst Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Finance Executive Salary

(30 salaries)

₹1.3 L/yr - ₹3.75 L/yr

Accountant Salary

(16 salaries)

₹0.5 L/yr - ₹3.1 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Senior Analyst Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Deputy Manager Salary

(58 salaries)

₹2.75 L/yr - ₹7.85 L/yr

Accounts Officer Salary

(6 salaries)

₹1.2 L/yr - ₹3 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 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.

Dislikes

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

BD Executive in Mysuru / Mysore

Full Time

Sales & Business Development Department

1.0

• posted on 14 Dec 2024

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

I am not satisfied with the company and also company salary I am working hard but the salary not high from last from 1 year but target is very high lot of pressure totally not happy with this enviornment

Senior Branch Manager in Kovilpatti

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 09 Dec 2024

3.0

for Salary and Benefits

Likes

Working time is very comfortable... We can learn new things in every day.. We may be work in local...

Dislikes

Other then CASA we are doing all banking product (nearby 23 products )but we get very low salary... Many of days Office system very hang... Need change the all old system....

Business Development Officer in Bhopal

Full Time

Sales & Business Development Department

5.0

• posted on 26 Nov 2024

5.0

for Salary and Benefits

Likes

The company is very good, I like the company a lot but my salary is very low, that's why I am a little angry because my salary is low

Dislikes

I do not want to dislike anything but I want to tell you that I am a business development officer but my salary package is very low. I am working here on a very low salary.

Business Development Executive in Chennai

Full Time

Sales & Business Development Department

5.0

• posted on 22 Nov 2024

4.0

for Salary and Benefits

Likes

This is a good company for work. We have the job security for all staff. And good office time.

Dislikes

Rate of interest to be change in one month the customers who not because every customer not able to pay every month continuously . so give some relaxation for 3 months once compulsory..

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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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, 43% of the Muthoot Fincorp Loan Processors reported a notice period of 15 days or less, 28% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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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.