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Muthoot Microfin Credit Executive salaries in India

Annual salary range
0 - 2 years exp.
₹1.6 Lakh - ₹2.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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31% less than the average Credit Executive Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

Finance & Accounting
Credit Executive Salary
1 - 2 years exp. (3 salaries)
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₹1.9 L/yr - ₹2.2 L/yr

Customer Success, Service & Operations
Credit Executive Salary
1 year exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹1.8 L/yr

Last Updated: 11 Jun 2024

Companies similar to Muthoot Microfin for Credit Executive

Company name Avg Annual Salary Open Jobs
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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 47% more
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Shriram Finance Credit Executive Salary

1 - 8 years exp. (83 salaries)

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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 40% more
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SMFG India Credit Credit Executive Salary

0 - 6 years exp. (54 salaries)

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₹1.9 L/yr - ₹4.5 L/yr

arrow icon 86% more
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₹1.2 L/yr - ₹3.2 L/yr

arrow icon 29% more
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L&T Finance Credit Executive Salary

1 - 6 years exp. (26 salaries)

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₹2.6 L/yr - ₹3.5 L/yr

arrow icon 77% more
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Aditya Birla Finance Credit Executive Salary

0 - 6 years exp. (25 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 44% more
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TVS Credit Credit Executive Salary

0 - 6 years exp. (23 salaries)

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₹1.2 L/yr - ₹2.5 L/yr

arrow icon 4% more
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Mahindra Finance Credit Executive Salary

1 - 6 years exp. (21 salaries)

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₹1.6 L/yr - ₹3.5 L/yr

arrow icon 38% more
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Bajaj Finance Credit Executive Salary

1 - 4 years exp. (18 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 62% more
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IIFL SAMASTA Credit Executive Salary

1 - 5 years exp. (8 salaries)

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₹2.9 L/yr - ₹4.8 L/yr

arrow icon 80% more
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IIFL Finance Credit Executive Salary

3 - 8 years exp. (5 salaries)

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₹2 L/yr - ₹3 L/yr

arrow icon 44% more
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Home Credit Finance Credit Executive Salary

2 - 7 years exp. (5 salaries)

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₹2.5 L/yr - ₹3.2 L/yr

arrow icon 45% more
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₹2.4 L/yr - ₹3.1 L/yr

arrow icon 44% more
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Satin Finserv Credit Executive Salary

1 - 4 years exp. (5 salaries)

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₹1.9 L/yr - ₹3.5 L/yr

arrow icon 38% more
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Muthoot Fincorp Credit Executive Salary

0 - 4 years exp. (4 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 57% more
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Manappuram Finance Credit Executive Salary

0 - 4 years exp. (4 salaries)

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₹2 L/yr - ₹2.5 L/yr

arrow icon 18% more
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Aye Finance Credit Executive Salary

6 - 17 years exp. (4 salaries)

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₹2.1 L/yr - ₹3 L/yr

arrow icon 36% more
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SK Finance Limited Credit Executive Salary

4 - 10 years exp. (4 salaries)

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₹1.5 L/yr - ₹2.5 L/yr

arrow icon 4% more
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CreditAccess Grameen Credit Executive Salary

0 - 7 years exp. (4 salaries)

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₹2.7 L/yr - ₹3.5 L/yr

arrow icon 74% more
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Muthoot Finance Credit Executive Salary

2 - 7 years exp. (4 salaries)

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₹1.7 L/yr - ₹3.2 L/yr

arrow icon 33% more
View all
Credit Executive salary at Muthoot Microfin ranges between ₹1.6 Lakh to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Credit Executive

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1 year exp.
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Experience wise Muthoot Microfin Credit Executive salaries

Last Updated: 11 Jun 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹1.6 L/yr - ₹3.2 L/yr
1 year  (4 salaries)

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₹1.6 L/yr - ₹2.1 L/yr
2 years (AmbitionBox Estimate)

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₹0.7 L/yr - ₹2.2 L/yr

Similar Designation salaries in Muthoot Microfin

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₹1.6 L/yr - ₹2 L/yr
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₹1.55 L/yr - ₹3.2 L/yr
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₹1.44 L/yr - ₹2.92 L/yr
Team Lead Salary
(6 salaries)
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₹2.85 L/yr - ₹3.31 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr
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₹2 L/yr - ₹2.5 L/yr
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₹2.34 L/yr - ₹2.64 L/yr
Branch Manager Salary
(108 salaries)
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₹2 L/yr - ₹4.5 L/yr
Sales Officer Salary
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr
Process Associate Salary
(AmbitionBox Estimate)
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₹31.5 L/yr - ₹40.3 L/yr

Salary related reviews for Muthoot Microfin

2.4

Rated by 3 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +2 more

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

read more
  • Promotions - Bad

Operations Department

4.0
  •  posted on 21 May 2022

3.0
 for  Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent.company policies are better and also the salary package is good.

read more
  • Skill development - Good
  • +4 more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

Other Department

5.0
  •  posted on 19 Apr 2021

3.0
 for  Salary and Benefits

Likes

Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

read more
  • 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.There is bond of 3years before which cannot resign

read more

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Aug 2021

1.0
 for  Salary and Benefits

Likes

I don't like anything

  • Company culture - Excellent

Dislikes

Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Muthoot Microfin Credit Executive Salary FAQs

What is the salary of Credit Executive at Muthoot Microfin ?
The average salary of a Credit Executive at Muthoot Microfin in India typically ranges from ₹1.6 Lakhs to ₹2.2 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of Credit Executive at Muthoot Microfin earn more than ₹2.2 Lakhs per year, and the top 1% earn over ₹2.2 Lakhs per year. Credit 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 7 Muthoot Microfin employees in India.
What is the estimated take home salary of a Credit Executive at Muthoot Microfin in India?
The estimated take-home salary of a Credit Executive at Muthoot Microfin in India typically ranges from ₹12,459 to ₹13,807 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.2 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 7 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 Credit Executive in India?
SMFG India Credit ₹1.9 Lakhs to ₹4.5 Lakhs per year
IIFL SAMASTA ₹2.9 Lakhs to ₹4.8 Lakhs per year
L&T Finance ₹2.6 Lakhs to ₹3.5 Lakhs per year
CreditAccess Grameen ₹2.7 Lakhs to ₹3.5 Lakhs per year
Bajaj Finance ₹2.2 Lakhs to ₹4.0 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 Credit Executive in companies similar to Muthoot Microfin in India?
The salary of a Credit Executive at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Muthoot Fincorp ₹1.7 Lakhs to ₹3.5 Lakhs per year
Mahindra Rural Housing Finance ₹1.4 Lakhs to ₹3.5 Lakhs per year
Home Credit Finance ₹2.5 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Finance ₹1.8 Lakhs to ₹3.5 Lakhs per year
IIFL Finance ₹2.0 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 Executive at Muthoot Microfin in India?
The salary growth for a Credit Executive at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Credit Executive can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
Fresher ₹1.6 Lakhs to ₹3.2 Lakhs per year
1 year ₹1.6 Lakhs to ₹2.1 Lakhs per year
2 years ₹0.7 Lakhs to ₹2.2 Lakhs per year
and so on.

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Muthoot Microfin Credit Executive salary in India ranges between ₹1.6 Lakh to ₹2.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.