Muthoot Fincorp Senior Credit Officer Salaries by 3 Employees (Updated 2025)

2 - 7 years exp.

₹2.9 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

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23% less than the average Senior Credit Officer Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Credit Officer Salary 6 years exp. (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹3.2 L/yr
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Finance & Accounting Senior Credit Officer Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹3.1 L/yr - ₹3.6 L/yr

Last Updated: 12 Mar 2023

Companies similar to Muthoot Fincorp for Senior Credit Officer

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Bajaj Finance Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	Unlock ₹5.5 L/yr - ₹12 L/yr 142% more
Shriram Finance Senior Credit Officer Salary 4 - 8 years exp. (8 salaries)	Unlock ₹2.1 L/yr - ₹4 L/yr 1% more
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Cholamandalam Investment & Finance Senior Credit Officer Salary 2 - 8 years exp. (38 salaries)	Unlock ₹2.8 L/yr - ₹4.5 L/yr 10% more
HDB Financial Services Senior Credit Officer Salary 4 - 5 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹3.3 L/yr 2% more
Edelweiss Senior Credit Officer Salary 2 - 5 years exp. (10 salaries)	Unlock ₹2.7 L/yr - ₹4 L/yr 4% more
Tata Capital Senior Credit Officer Salary 2 - 7 years exp. (5 salaries)	Unlock ₹3.5 L/yr - ₹4.5 L/yr 29% more
Sammaan Capital Limited Senior Credit Officer Salary 2 - 8 years exp. (167 salaries)	Unlock ₹2.2 L/yr - ₹4.5 L/yr 12% more
Aavas Financiers Senior Credit Officer Salary 1 - 5 years exp. (54 salaries)	Unlock ₹2 L/yr - ₹4.3 L/yr 1% less
Capri Global Capital Senior Credit Officer Salary 3 - 9 years exp. (11 salaries)	Unlock ₹2.3 L/yr - ₹3.5 L/yr 2% less
SMFG India Credit Senior Credit Officer Salary 0 - 8 years exp. (11 salaries)	Unlock ₹1.4 L/yr - ₹3 L/yr 28% less
IIFL Finance Senior Credit Officer Salary 2 - 5 years exp. (7 salaries)	Unlock ₹3.2 L/yr - ₹5 L/yr 44% more
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CreditAccess Grameen Senior Credit Officer Salary 5 - 11 years exp. (6 salaries)	Unlock ₹3 L/yr - ₹4.9 L/yr 30% more
Mahindra Rural Housing Finance Senior Credit Officer Salary 0 - 2 years exp. (5 salaries)	Unlock ₹2.7 L/yr - ₹3.7 L/yr 5% more
PNB Housing Finance Senior Credit Officer Salary 6 - 12 years exp. (5 salaries)	Unlock ₹2.4 L/yr - ₹4 L/yr 3% more
Muthoot Microfin Senior Credit Officer Salary 2 - 8 years exp. (5 salaries)	Unlock ₹1.9 L/yr - ₹2.8 L/yr 32% less
SK Finance Limited Senior Credit Officer Salary 1 - 8 years exp. (4 salaries)	Unlock ₹3.2 L/yr - ₹4.3 L/yr 22% more
Poonawalla Fincorp Senior Credit Officer Salary 2 - 4 years exp. (4 salaries)	Unlock ₹2.8 L/yr - ₹3.8 L/yr 2% more
Satin Creditcare Network Senior Credit Officer Salary 3 - 8 years exp. (3 salaries)	Unlock ₹2.3 L/yr - ₹3 L/yr 13% less
TVS Credit Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	Unlock ₹2.8 L/yr - ₹4 L/yr 1% more
Tata Capital Housing Finance Senior Credit Officer Salary 0 - 13 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹4.7 L/yr 20% more

Senior Credit Officer salary at Muthoot Fincorp ranges between ₹2.9 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Senior Credit Officer salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹1.3 L/yr - ₹3.6 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹2.8 L/yr - ₹3.6 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹2.9 L/yr - ₹5.6 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹3 L/yr - ₹5.5 L/yr

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Similar Designation salaries in Muthoot Fincorp

Credit Officer Salary

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₹1.7 L/yr - ₹4 L/yr

Zonal Credit Manager Salary

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₹26.5 L/yr - ₹33 L/yr

Area Credit Manager Salary

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₹2.2 L/yr - ₹9 L/yr

Branch Credit Manager Salary

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₹2.73 L/yr - ₹7.55 L/yr

Sales Officer Salary

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₹1.45 L/yr - ₹3.21 L/yr

Cluster Credit Manager Salary

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₹9.8 L/yr - ₹12.5 L/yr

Credit Manager Salary

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₹3 L/yr - ₹8.75 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

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₹11.7 L/yr - ₹15 L/yr

Assistant Credit Manager Salary

(4 salaries)

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₹2.85 L/yr - ₹4 L/yr

Credit Analyst Salary

(4 salaries)

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₹2.3 L/yr - ₹4.6 L/yr

Salary related reviews for Muthoot Fincorp

3.3

Rated by 2 employees for salary & benefits

Branch Manager in Agra

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.

Branch Manager in Patna

Full Time

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.

Salary - Good

+6 more

Dislikes

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

Branch Manager in New Delhi

Full Time

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.

Salary - Poor

Branch Manager in Sulur

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.

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.

Branch Manager in Kothagudem

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Apr 2020

4.0

for Salary and Benefits

Likes

It's a family feeling while working with our company. we are receiving calls from our higher officers and this time not for targets but asking about health conditions and suggesting about precautions to be taken.. Feeling good

Salary - Good

+6 more

Dislikes

Nothing, but ya little disappointment about salary increments. Of course it's based on performance even though.....

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Salary Discussions, Hike & Promotions

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 Senior Credit Officer Salary FAQs

What is the notice period for Senior Credit Officer at Muthoot Fincorp?

According to AmbitionBox, 40% of the Muthoot Fincorp Senior Credit Officers reported a notice period of 2 Months, 20% reported a notice period of 15 days or less 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 Senior Credit Officer Salaries

Muthoot Fincorp Senior Credit Officer salary in India ranges between ₹2.9 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

Muthoot Fincorp Senior Credit Officer salaries in India

Companies similar to Muthoot Fincorp for Senior Credit Officer

Latest annual salaries shared by Muthoot Fincorp Senior Credit Officer

Experience wise Muthoot Fincorp Senior Credit Officer salaries

Similar Designation salaries in Muthoot Fincorp

Salary related reviews for Muthoot Fincorp

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Branch Manager in Patna

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Muthoot Fincorp Senior Credit Officer Salary FAQs

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