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The Muthoot Group Probationary Officer salaries in India (Updated 2025)

Annual salary range
0 - 2 years exp.
₹1.8 Lakh - ₹3.5 Lakhs
Salary of majority employees
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66% less than the average Probationary Officer Salary in Financial Services Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting
Probationary Officer Salary
0 - 2 years exp. (19 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

BFSI, Investments & Trading
Probationary Officer Salary
0 - 1 year exp. (6 salaries)
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₹2.4 L/yr - ₹3 L/yr

Human Resources
Probationary Officer Salary
0 - 2 years exp. (5 salaries)
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₹1.8 L/yr - ₹2.7 L/yr

Customer Success, Service & Operations
Probationary Officer Salary
0 - 1 year exp. (4 salaries)
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₹2.1 L/yr - ₹3.2 L/yr

Marketing & Communication
Probationary Officer Salary
1 - 2 years exp. (3 salaries)
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₹2 L/yr - ₹3 L/yr

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Last Updated: 15 Mar 2025

Companies similar to The Muthoot Group for Probationary Officer

Company name Avg Annual Salary Open Jobs
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Muthoot Finance Probationary Officer Salary

0 - 3 years exp. (307 salaries)

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₹1.4 L/yr - ₹3.8 L/yr

arrow icon 1% more
4 job openings
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Federal Bank Probationary Officer Salary

0 - 3 years exp. (212 salaries)

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₹5.5 L/yr - ₹16 L/yr

arrow icon 384% more
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State Bank of India Probationary Officer Salary

0 - 6 years exp. (146 salaries)

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₹6 L/yr - ₹18.7 L/yr

arrow icon 397% more
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South Indian Bank Probationary Officer Salary

0 - 2 years exp. (105 salaries)

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₹4.8 L/yr - ₹13 L/yr

arrow icon 291% more
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ICICI Bank Probationary Officer Salary

0 - 5 years exp. (104 salaries)

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₹0.6 L/yr - ₹6.6 L/yr

arrow icon 69% more
Probationary Officer salary at The Muthoot Group ranges between ₹1.8 Lakh to ₹3.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 53 latest salaries received from various employees of The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Probationary Officer

7mo ago
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1 year exp.
11mo ago
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5 months exp.
1y ago
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1 year exp.

Experience wise The Muthoot Group Probationary Officer salaries

Last Updated: 15 Mar 2025

Experience Avg Annual Salary
Fresher  (21 salaries)

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₹1.8 L/yr - ₹3.2 L/yr
1 year  (27 salaries)

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₹1.8 L/yr - ₹3.5 L/yr
2 years  (5 salaries)

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₹2.3 L/yr - ₹3 L/yr
The Muthoot Group Probationary Officer Salary and Career Growth

From

To

Probationary Officer

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0 - 2 years exp.

Deputy Manager

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4 - 13 years exp.

Probationary Officer 0 - 2 years exp.
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Assistant Manager 2 - 14 years exp.
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arrow icon 89% hike
    Deputy Manager 4 - 13 years exp.
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    arrow icon 4% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in The Muthoot Group

    unlock blur
    ₹1.8 L/yr - ₹4.2 L/yr
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    ₹2.5 L/yr - ₹4 L/yr
    Deputy Manager Salary
    (29 salaries)
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    ₹3.6 L/yr - ₹6.35 L/yr
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    ₹3.2 L/yr - ₹4.25 L/yr
    Process Associate Salary
    (AmbitionBox Estimate)
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    ₹2.3 L/yr - ₹2.9 L/yr
    Senior Analyst Salary
    (AmbitionBox Estimate)
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    ₹5.4 L/yr - ₹6.9 L/yr
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    ₹1.5 L/yr - ₹4 L/yr
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    ₹2 L/yr - ₹4.2 L/yr
    Accountant Salary
    (11 salaries)
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    ₹1.05 L/yr - ₹5 L/yr
    Team Lead Salary
    (7 salaries)
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    ₹2.05 L/yr - ₹4 L/yr

    Top skills at The Muthoot Group for Probationary Officer

    Branch Operations Retail Sales Banking Operations Sales Showroom Sales Marketing Finance mba Operations Presentation Skills Outbound Calling Customer Service

    Salary related reviews for The Muthoot Group

    3.3

    Rated by 13 employees for salary & benefits

    BFSI, Investments & Trading Department

    4.0
      •  posted on 27 Nov 2019

    4.0
     for  Salary and Benefits

    Likes

    It's a full supportive environment in this company and always credits salary and incentives timely in employees account and a very good platform to start career

    read more
    • Salary - Good
    • +4 more

    Dislikes

    Annual appraisal are low and there might be health issues due to using acid during checking gold

    Full Time

     · 

    Finance & Accounting Department

    1.0
      •  posted on 06 Oct 2024

    1.0
     for  Salary and Benefits

    Likes

    Salary on time.

    Dislikes

    No work life balance, late sitting, unnecessary pressure, 2 years employment bond, job with financial risks, rupe behaving seniors, no professionalism, no diversity support, office politics, there is no timings to go home after the shift over, you cannot late a minute to report your duties if you do even 1 minute late your half day salary will be gone, very less salary, discrimination, no good appraisals, it is like a lala ki dukan, no staff security, staff can be beaten and threatened by the customers, at the time of interview the roles and responsibilities are different but after joining and signing 2 years of bond everything gets change, they do not follow labour laws at many times, they take more than 90days to complete your FNF settlement, they provide your relieving and exp letter after 90days from your last working day, no employee engagement activities are performed, a person is working since 7 years but he only reached at 45k/month, unsupportive company, unsupportive upper management, sometimes colleagues are also unsupportive, they give CL/EL to employees but not approve the same at many times. There are many things I can still write here.

    read more
    • Salary - Bad
    • +5 more

    Full Time

     · 

    Other Department

    4.0
      •  posted on 06 Nov 2024

    1.0
     for  Salary and Benefits

    Likes

    Work Culture and environment are good. Employees are interactive without any personal dislikes. The team I'm working with is so supportive in type of works. I have developed certain skills after joining here.

    read more
    • Skill development - Good
    • +4 more

    Dislikes

    The salary am paid with is very less compared with my job role and other freshers. When I joined as a fresher this salary was enough for me and now I'm here for more than a year but still no enough increment in salary.

    read more
    • Salary - Bad

    Full Time

     · 

    BFSI, Investments & Trading Department

    3.0
      •  posted on 24 Nov 2024

    2.0
     for  Salary and Benefits

    Likes

    In customer angle, company is best brand among others. Products are good.

    • Job security - Good

    Dislikes

    HR cannot do independently in their best practice as per industry. Less salary industry. Old branch Offices are its still old and not renovations; and opening new offices. Even though advanced technology are implementing the systems and peripherals are old. Etc, etc.

    read more
    • Salary - Poor
    • +4 more

    Full Time

     · 

    Finance & Accounting Department

    2.0
      •  posted on 28 Jan 2025

    1.0
     for  Salary and Benefits

    Likes

    • Skill development - Good
    • Job security - Good

    Dislikes

    ... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

    read more
    • Salary - Bad
    • +3 more
    see more salary related reviews

    Discover interview dos and don'ts from real experiences

    The Muthoot Group Probationary Officer Salary FAQs

    What is the salary of Probationary Officer at The Muthoot Group ?
    The average salary of a Probationary Officer at The Muthoot Group in India typically ranges from ₹1.8 Lakhs to ₹3.5 Lakhs per year, depending on experience (from Fresher to 2 years).

    The top 10% of Probationary Officer at The Muthoot Group earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.4 Lakhs per year. Probationary Officer Salaries at The Muthoot Group 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 50+ The Muthoot Group employees in India.
    What is the estimated take home salary of a Probationary Officer at The Muthoot Group in India?
    The estimated take-home salary of a Probationary Officer at The Muthoot Group in India typically ranges from ₹18,307 to ₹19,996 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 50+ salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.
    What are the key skills required to be a Probationary Officer at The Muthoot Group ?
    To be a Probationary Officer at The Muthoot Group in india, the key skills required include:

    • - Branch Operations
    • - Retail Sales
    • - Banking Operations
    • - Sales
    • - Showroom Sales

    These skills are highly valued at The Muthoot Group and are crucial for successful performance in a Software Engineering role.
    Which companies offer higher salaries than The Muthoot Group for Probationary Officer in India?
    State Bank of India ₹6.0 Lakhs to ₹18.7 Lakhs per year
    Federal Bank ₹5.5 Lakhs to ₹16.0 Lakhs per year
    South Indian Bank ₹4.8 Lakhs to ₹13.0 Lakhs per year
    ICICI Bank ₹0.6 Lakhs to ₹6.6 Lakhs per year
    Muthoot Finance ₹1.4 Lakhs to ₹3.8 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.
    How the salary growth look like for a Probationary Officer at The Muthoot Group in India?
    The salary growth for a Probationary Officer at The Muthoot Group depends on factors such as experience, performance, and promotions. On average, a Probationary Officer can expect the following growth trajectory at The Muthoot Group:

    Experience Average Salary Range
    Fresher ₹1.8 Lakhs to ₹3.2 Lakhs per year
    1 year ₹1.8 Lakhs to ₹3.5 Lakhs per year
    2 years ₹2.3 Lakhs to ₹3.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    The Muthoot Group Probationary Officer salary in India ranges between ₹1.8 Lakh to ₹3.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 53 The Muthoot Group latest salaries received from various employees of The Muthoot Group.