Muthoot Microfin Back Office Executive Salaries by 5 Employees

0 - 5 years exp.

₹1.8 Lakh - ₹2.5 Lakhs

Low Confidence

Salary of majority employees

13% less than the average Back Office Executive Salary in NBFC Companies for 0 - 5 years of experience

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Last Updated: 28 May 2023

Companies similar to Muthoot Microfin for Back Office Executive

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Back Office Executive Salary 0 - 7 years exp. (232 salaries)	₹1 L/yr - ₹4.4 L/yr 5% more
Shriram Finance Back Office Executive Salary 1 - 11 years exp. (143 salaries)	₹1 L/yr - ₹4.4 L/yr 18% more
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Bajaj Finance Back Office Executive Salary 1 - 5 years exp. (73 salaries)	₹1 L/yr - ₹4.5 L/yr 5% more
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Svatantra Microfin Back Office Executive Salary 1 - 6 years exp. (30 salaries)	₹1.8 L/yr - ₹4.2 L/yr 37% more
TVS Credit Back Office Executive Salary 1 - 8 years exp. (26 salaries)	₹1.5 L/yr - ₹2.7 L/yr 9% less
SMFG India Credit Back Office Executive Salary 0 - 8 years exp. (22 salaries)	₹1.5 L/yr - ₹3.8 L/yr 17% more
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IIFL Finance Back Office Executive Salary 0 - 7 years exp. (15 salaries)	₹1.4 L/yr - ₹5 L/yr 23% more
Login to view exact salary
SK Finance Limited Back Office Executive Salary 0 - 5 years exp. (6 salaries)	₹1.6 L/yr - ₹3 L/yr At par
IIFL SAMASTA Back Office Executive Salary 2 - 4 years exp. (5 salaries)	₹3 L/yr - ₹3.5 L/yr 53% more
Muthoot Finance Back Office Executive Salary 1 - 5 years exp. (5 salaries)	₹1.9 L/yr - ₹2.4 L/yr 1% more
Fusion Microfinance Back Office Executive Salary 0 - 9 years exp. (4 salaries)	₹2 L/yr - ₹3.8 L/yr 37% more
Aye Finance Back Office Executive Salary 1 - 4 years exp. (4 salaries)	₹1.8 L/yr - ₹4.8 L/yr 46% more
Arohan Financial Services Back Office Executive Salary 2 - 8 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 12% more
Spandana Sphoorty Financial Back Office Executive Salary 1 - 12 years exp. (4 salaries)	₹1.1 L/yr - ₹1.8 L/yr 28% less
CreditAccess Grameen Back Office Executive Salary 2 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.6 L/yr 10% more
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Back Office Executive salary at Muthoot Microfin ranges between ₹1.8 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Back Office Executive salaries

Last Updated: 28 May 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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2 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹3.6 L/yr
5 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr

View all

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Operations Executive Salary

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Salary related reviews for Muthoot Microfin

5.0

Rated by 1 employees for salary & benefits

Manager in Sangli

Full Time

Human Resources Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Branch Relationship Manager Operation in Bijnor

Full Time

Sales & Business Development Department

4.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

Salary - Good

+3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

Work satisfaction - Poor

Senior Relationship Officer in Berhampur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2023

1.0

for Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

Salary - Bad

+5 more

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 15 Dec 2022

1.0

for Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

Job security - Good

+2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

Salary - Bad

+2 more

Relationship Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Feb 2023

3.0

for Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

Skill development - Good

+2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

Promotions - Bad

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Microfin Back Office Executive Salary FAQs

What is the salary of Back Office Executive at Muthoot Microfin ?

The average salary of a Back Office Executive at Muthoot Microfin in India typically ranges from ₹1.8 Lakhs to ₹2.5 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Back Office Executive at Muthoot Microfin earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.5 Lakhs per year. Back Office Executive Salaries at Muthoot Microfin 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 5 Muthoot Microfin employees in India.

What is the estimated take home salary of a Back Office Executive at Muthoot Microfin in India?

The estimated take-home salary of a Back Office Executive at Muthoot Microfin in India typically ranges from ₹14,138 to ₹15,631 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹2.5 Lakhs per year for employees with experience ranging from Fresher to 5 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 5 salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Microfin for Back Office Executive in India?

IIFL SAMASTA	₹3.0 Lakhs to ₹3.5 Lakhs per year
Aye Finance	₹1.8 Lakhs to ₹4.8 Lakhs per year
Svatantra Microfin	₹1.8 Lakhs to ₹4.2 Lakhs per year
Fusion Microfinance	₹2.0 Lakhs to ₹3.8 Lakhs per year
IIFL Finance	₹1.4 Lakhs to ₹5.0 Lakhs per year

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

What is the salary of a Back Office Executive in companies similar to Muthoot Microfin in India?

The salary of a Back Office Executive at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra Finance	₹1.4 Lakhs to ₹3.3 Lakhs per year
Shriram Finance	₹1.0 Lakhs to ₹4.4 Lakhs per year
SMFG India Credit	₹1.5 Lakhs to ₹3.8 Lakhs per year
Annapurna Finance	₹1.8 Lakhs to ₹3.5 Lakhs per year
Arohan Financial Services	₹1.5 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 Back Office Executive at Muthoot Microfin in India?

The salary growth for a Back Office Executive at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Back Office Executive can expect the following growth trajectory at Muthoot Microfin:

Experience	Average Salary Range
Fresher	₹2.0 Lakhs to ₹3.9 Lakhs per year
1 year	₹1.9 Lakhs to ₹2.4 Lakhs per year
2 years	₹0.8 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.8 Lakhs to ₹2.3 Lakhs per year

and so on.

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Muthoot Microfin Back Office Executive Salaries

Muthoot Microfin Back Office Executive salary in India ranges between ₹1.8 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.