Muthoot Homefin India Credit Officer Salaries by 10+ Employees

1 - 13 years exp.

₹2 Lakhs - ₹3.2 Lakhs

Salary of majority employees

21% less than the average Credit Officer Salary in Investment Banking / Venture Capital / Private Equity Companies for 1 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Credit Officer Salary 4 - 13 years exp. (8 salaries)	₹2.3 L/yr - ₹3 L/yr
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BFSI, Investments & Trading Credit Officer Salary 1 - 9 years exp. (7 salaries)	₹2 L/yr - ₹3.2 L/yr

Last Updated: 3 Oct 2024

Companies similar to Muthoot Homefin India for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Belstar Investment and Finance Credit Officer Salary 0 - 5 years exp. (21 salaries)	₹1.2 L/yr - ₹3 L/yr 27% less
Cholamandalam Securities Credit Officer Salary 0 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹3.5 L/yr 4% more
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Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (359 salaries)	₹1.9 L/yr - ₹6 L/yr 50% more
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (277 salaries)	₹1.6 L/yr - ₹4.4 L/yr 8% more	19 job openings
HDFC Bank Credit Officer Salary 1 - 8 years exp. (249 salaries)	₹1.5 L/yr - ₹4 L/yr 9% less

Credit Officer salary at Muthoot Homefin India ranges between ₹2 Lakhs to ₹3.2 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 19 latest salaries received from various employees of Muthoot Homefin India.

Experience wise Muthoot Homefin India Credit Officer salaries

Last Updated: 3 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5 L/yr
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3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹5 L/yr
4 years (5 salaries)	₹2.5 L/yr - ₹3 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
7 years (3 salaries)	₹2.7 L/yr - ₹3.2 L/yr
8 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
9 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.2 L/yr
10 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
11 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
12 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.3 L/yr
13 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹5.4 L/yr

View all

Similar Designation salaries in Muthoot Homefin India

Credit Manager Salary

(42 salaries)

₹3.9 L/yr - ₹9 L/yr

Sales Officer Salary

(4 salaries)

₹2 L/yr - ₹3.5 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Senior Credit Officer Salary

(4 salaries)

₹1.8 L/yr - ₹3 L/yr

Credit Executive Salary

(5 salaries)

₹2 L/yr - ₹3.5 L/yr

Area Credit Manager Salary

(17 salaries)

₹6.05 L/yr - ₹17.99 L/yr

Branch Manager Salary

(6 salaries)

₹5.35 L/yr - ₹6.75 L/yr

Deputy Manager Salary

(5 salaries)

₹5.8 L/yr - ₹7 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Sales Manager Salary

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₹3.4 L/yr - ₹9.26 L/yr

Salary related reviews for Muthoot Homefin India

2.5

Rated by 11 employees for salary & benefits

Credit Officer in Bangalore / Bengaluru

BFSI, Investments & Trading Department

5.0

• posted on 20 May 2020

4.0

for Salary and Benefits

Likes

... it is given me excellent opportunity to learn and to acquire more knowledge. They supported in me for working at home and provided me salary during civid19 Lockdown.

Salary - Good

+6 more

Dislikes

Nothing

Credit Executive in Mumbai

Home Loan Department

2.0

• posted on 21 Nov 2020

1.0

for Salary and Benefits

Likes

...e is balanced here except month end and JFM. Superior are good. (In my case). Gets salary on time.

Skill development - Good

Dislikes

Company management is focusing only on profits they have nothing to do with employees growth. HR functions is rediculous. Huge communication gap. Salary and other benefits for ofroll employees are like peanuts. Ofroll employees are barely get chance for onroll even after hard work.

Salary - Bad

+4 more

Collections Manager in Ahmedabad

BFSI, Investments & Trading Department

3.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Good Compensation & Owners ( Muthoot Family) of company.

Salary - Excellent

+1 more

Dislikes

Un-experience senior management. Most of them don't deserve a entry level position. They get these positions by using personal relationships not get on basis of their abilities or work experience.

Skill development - Bad

+2 more

Cluster Manager - Sales in Indore

Finance & Accounting Department

1.0

• posted on 25 Jun 2020

1.0

for Salary and Benefits

Likes

...ovid- 19 company is not provide the support and call me to put your resignation. Nil support salary is also debited and As well as salary is not provide

Dislikes

Working, HR Policies is not good also not provide any facilities to employees. Salary not credit on time.

Salary - Bad

+6 more

Legal Associate in Jaipur

Legal & Regulatory Department

4.0

• posted on 18 Aug 2018

1.0

for Salary and Benefits

Likes

I love the company's work culture. One can manage his social life as well as professional.

Work-life balance - Good

Dislikes

Poor HR policy. No bonus for back office support at Associate level. Poor Appraisal.No medical claims. No training for new employee. Very bad software and No I.T. Support for back up. No Internal growth.

Salary - Bad

+1 more

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Homefin India Credit Officer Salary FAQs

What is the salary of Credit Officer at Muthoot Homefin India ?

The average salary of a Credit Officer at Muthoot Homefin India in India typically ranges from ₹2.0 Lakhs to ₹3.2 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Credit Officer at Muthoot Homefin India earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.2 Lakhs per year. Credit Officer Salaries at Muthoot Homefin India 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 10+ Muthoot Homefin India employees in India.

What is the estimated take home salary of a Credit Officer at Muthoot Homefin India in India?

The estimated take-home salary of a Credit Officer at Muthoot Homefin India in India typically ranges from ₹20,336 to ₹21,995 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹3.2 Lakhs per year for employees with experience ranging from 1 year to 13 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 10+ salaries received from various employees of Muthoot Homefin India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Homefin India for Credit Officer in India?

Ujjivan Small Finance Bank	₹1.9 Lakhs to ₹6.0 Lakhs per year
Equitas Small Finance Bank	₹1.6 Lakhs to ₹4.4 Lakhs per year
Cholamandalam Securities	₹2.5 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Homefin India, depending on the role and experience level.

What is the salary of a Credit Officer in companies similar to Muthoot Homefin India in India?

The salary of a Credit Officer at companies similar to Muthoot Homefin India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank	₹1.5 Lakhs to ₹4.0 Lakhs per year
Belstar Investment and Finance	₹1.2 Lakhs to ₹3.0 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 Credit Officer at Muthoot Homefin India in India?

The salary growth for a Credit Officer at Muthoot Homefin India depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Muthoot Homefin India:

Experience	Average Salary Range
1 year	₹2.0 Lakhs to ₹4.9 Lakhs per year
2 years	₹2.5 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹5.0 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.0 Lakhs per year

and so on.

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Muthoot Homefin India Credit Officer Salaries

Muthoot Homefin India Credit Officer salary in India ranges between ₹2 Lakhs to ₹3.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 19 Muthoot Homefin India latest salaries received from various employees of Muthoot Homefin India.