Muthoot Fincorp Probationary Officer Salaries by 3 Employees (Updated 2025)

0 - 1 year exp.

₹2.7 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

64% less than the average Probationary Officer Salary in NBFC Companies for 0 - 1 year of experience

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Last Updated: 29 Nov 2024

Companies similar to Muthoot Fincorp for Probationary Officer

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Probationary Officer Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹1.9 L/yr 34% less
Muthoot Finance Probationary Officer Salary 0 - 3 years exp. (237 salaries)	₹1.8 L/yr - ₹3.5 L/yr 7% less	1 job opening
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Federal Bank Probationary Officer Salary 0 - 2 years exp. (221 salaries)	₹5.5 L/yr - ₹15 L/yr 358% more
South Indian Bank Probationary Officer Salary 0 - 4 years exp. (144 salaries)	₹5 L/yr - ₹14.1 L/yr 303% more
State Bank of India Probationary Officer Salary 0 - 6 years exp. (144 salaries)	₹5 L/yr - ₹18 L/yr 307% more

Probationary Officer salary at Muthoot Fincorp ranges between ₹2.7 Lakhs to ₹3 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Probationary Officer salaries

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr
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1 year (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

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Salary related reviews for Muthoot Fincorp

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

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

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.

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.

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.

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

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.

see more salary related reviews

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Muthoot Fincorp Probationary Officer Salary FAQs

What is the notice period for Probationary Officer at Muthoot Fincorp?

According to AmbitionBox, 50% of the Muthoot Fincorp Probationary Officers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Probationary Officer Salaries

Muthoot Fincorp Probationary Officer salary in India ranges between ₹2.7 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.