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Muthoot Fincorp Relationship Officer salaries in India (Updated 2025)

Annual salary range
0 - 7 years exp.
₹1.1 Lakh - ₹3.6 Lakhs
Salary of majority employees
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18% less than the average Relationship Officer Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting
Relationship Officer Salary
0 - 7 years exp. (19 salaries)
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₹1.1 L/yr - ₹3.6 L/yr

Sales & Business Development
Relationship Officer Salary
0 - 7 years exp. (19 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

Customer Success, Service & Operations
Relationship Officer Salary
0 - 3 years exp. (9 salaries)
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₹1.4 L/yr - ₹2.7 L/yr

Marketing & Communication
Relationship Officer Salary
0 - 6 years exp. (7 salaries)
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₹2 L/yr - ₹3 L/yr

BFSI, Investments & Trading
Relationship Officer Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 14 Mar 2025

Companies similar to Muthoot Fincorp for Relationship Officer

Company name Avg Annual Salary Open Jobs
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PNB Housing Finance Relationship Officer Salary

0 - 8 years exp. (356 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 20% more
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Aavas Financiers Relationship Officer Salary

0 - 6 years exp. (351 salaries)

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₹1.1 L/yr - ₹3.6 L/yr

arrow icon 2% more
18 job openings
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Muthoot Microfin Relationship Officer Salary

0 - 6 years exp. (237 salaries)

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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 9% more
1 job opening
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Manappuram Finance Relationship Officer Salary

0 - 5 years exp. (171 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 16% more
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SMFG India Credit Relationship Officer Salary

1 - 7 years exp. (100 salaries)

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₹1.1 L/yr - ₹4.7 L/yr

arrow icon 17% more
5 job openings
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TVS Credit Relationship Officer Salary

1 - 7 years exp. (85 salaries)

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₹1.8 L/yr - ₹3.9 L/yr

arrow icon 35% more
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₹1.5 L/yr - ₹3.5 L/yr

arrow icon 8% more
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Muthoot Finance Relationship Officer Salary

0 - 6 years exp. (74 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 32% more
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₹1.8 L/yr - ₹4 L/yr

arrow icon 15% more
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Shriram Finance Relationship Officer Salary

0 - 5 years exp. (53 salaries)

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₹1.8 L/yr - ₹3.6 L/yr

arrow icon 15% more
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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 18% less
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₹1.4 L/yr - ₹3.2 L/yr

arrow icon 14% less
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IIFL Finance Relationship Officer Salary

0 - 4 years exp. (19 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 31% more
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₹2 L/yr - ₹3.3 L/yr

arrow icon 7% more
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L&T Finance Relationship Officer Salary

0 - 8 years exp. (14 salaries)

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₹1.8 L/yr - ₹2.7 L/yr

arrow icon 8% less
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₹2.5 L/yr - ₹4.3 L/yr

arrow icon 39% more
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₹1.9 L/yr - ₹3 L/yr

arrow icon 3% less
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Mahindra Finance Relationship Officer Salary

1 - 8 years exp. (6 salaries)

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₹2.8 L/yr - ₹3 L/yr

arrow icon 24% more
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Ess Kay Fincorp Relationship Officer Salary

1 - 5 years exp. (6 salaries)

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₹1.4 L/yr - ₹2.1 L/yr

arrow icon 26% less
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₹2.8 L/yr - ₹3.5 L/yr

arrow icon 30% more
View all
Relationship Officer salary at Muthoot Fincorp ranges between ₹1.1 Lakh to ₹3.6 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 78 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Relationship Officer

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Experience wise Muthoot Fincorp Relationship Officer salaries

Last Updated: 14 Mar 2025

Experience Avg Annual Salary
Fresher  (16 salaries)

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₹1.4 L/yr - ₹3.5 L/yr
1 year  (18 salaries)

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₹1.1 L/yr - ₹3.2 L/yr
2 years  (23 salaries)

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₹1.1 L/yr - ₹3.3 L/yr
3 years  (11 salaries)

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₹1.8 L/yr - ₹3 L/yr
4 years  (5 salaries)

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₹2 L/yr - ₹3.6 L/yr
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Similar Designation salaries in Muthoot Fincorp

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₹2.15 L/yr - ₹4.5 L/yr
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₹2 L/yr - ₹3.2 L/yr
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₹2.2 L/yr - ₹2.92 L/yr
Sales Officer Salary
(21 salaries)
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₹1.45 L/yr - ₹3.21 L/yr
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₹2.15 L/yr - ₹4.1 L/yr
Branch Manager Salary
(739 salaries)
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₹1.25 L/yr - ₹6.35 L/yr
Deputy Manager Salary
(69 salaries)
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₹2.75 L/yr - ₹7.9 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
Sales Executive Salary
(113 salaries)
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₹1.2 L/yr - ₹3.2 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr

Top skills at Muthoot Fincorp for Relationship Officer

Home Loans Mortgage Loans Business Development Lap Advisory Capsules Sales Lead Generation

Salary related reviews for Muthoot Fincorp

4.3

Rated by 54 employees for salary & benefits

MSGB,MSME Department

3.0
  •  posted on 01 Oct 2020

2.0
 for  Salary and Benefits

Likes

Good work environment and culture. Teammates are supportive and the management is transparent.

  • Skill development - Excellent
  • +3 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

Full Time

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Sales & Business Development Department

4.0
  •  posted on 07 Nov 2024

4.0
 for  Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

read more
  • Salary - Good
  • +6 more

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Full Time

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BFSI, Investments & Trading Department

4.0
  •  posted on 07 Nov 2024

2.0
 for  Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

  • Skill development - Excellent
  • +4 more

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

read more
  • Salary - Poor

Full Time

 · 

Other Department

4.0
  •  posted on 02 Sep 2024

4.0
 for  Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

read more
  • Salary - Good
  • +6 more

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

read more
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Muthoot Fincorp Relationship Officer Salary FAQs

What is the salary of Relationship Officer at Muthoot Fincorp ?
The average salary of a Relationship Officer at Muthoot Fincorp in India typically ranges from ₹1.1 Lakhs to ₹3.6 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Relationship Officer at Muthoot Fincorp earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Relationship 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 70+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Relationship Officer at Muthoot Fincorp in India?
The estimated take-home salary of a Relationship Officer at Muthoot Fincorp in India typically ranges from ₹16,493 to ₹18,189 per month. This is based on the average salary range of ₹1.1 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from Fresher to 7 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 70+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Relationship Officer at Muthoot Fincorp ?
To be a Relationship Officer at Muthoot Fincorp in india, the key skills required include:

  • - Home Loans
  • - Mortgage Loans
  • - Business Development
  • - Lap
  • - Advisory

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Relationship Officer in India?
Ugro Capital ₹3.2 Lakhs to ₹3.7 Lakhs per year
Tata Capital Housing Finance ₹2.5 Lakhs to ₹4.3 Lakhs per year
TVS Credit ₹1.8 Lakhs to ₹3.9 Lakhs per year
Muthoot Finance ₹1.3 Lakhs to ₹4.0 Lakhs per year
IIFL Finance ₹2.0 Lakhs to ₹4.5 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 Relationship Officer in companies similar to Muthoot Fincorp in India?
The salary of a Relationship Officer at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Five-Star Business Finance ₹2.8 Lakhs to ₹3.5 Lakhs per year
Mahindra Finance ₹2.8 Lakhs to ₹3.0 Lakhs per year
PNB Housing Finance ₹1.5 Lakhs to ₹4.5 Lakhs per year
Poonawalla Fincorp ₹2.0 Lakhs to ₹3.5 Lakhs per year
SMFG India Credit ₹1.1 Lakhs to ₹4.7 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 Relationship Officer at Muthoot Fincorp in India?
The salary growth for a Relationship Officer at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Relationship Officer can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
Fresher ₹1.4 Lakhs to ₹3.5 Lakhs per year
1 year ₹1.1 Lakhs to ₹3.2 Lakhs per year
2 years ₹1.1 Lakhs to ₹3.3 Lakhs per year
3 years ₹1.8 Lakhs to ₹3.0 Lakhs per year
and so on.

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Muthoot Fincorp Relationship Officer salary in India ranges between ₹1.1 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 78 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.