Muthoot Microfin Credit Executive Salaries by 7 Employees (Updated 2024)

0 - 2 years exp.

₹1.6 Lakh - ₹2.2 Lakhs

Low Confidence

Salary of majority employees

29% 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)	₹1.9 L/yr - ₹2.2 L/yr
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Customer Success, Service & Operations Credit Executive Salary 1 year exp. (AmbitionBox Estimate)	₹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
Spandana Sphoorty Financial Credit Executive Salary 1 - 3 years exp. (5 salaries)	₹2.4 L/yr - ₹3.1 L/yr 44% more
Equitas Small Finance Bank Credit Executive Salary 4 - 9 years exp. (3 salaries)	₹2.4 L/yr - ₹2.5 L/yr 35% more
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Jana Small Finance Bank Credit Executive Salary 0 - 7 years exp. (14 salaries)	₹1.6 L/yr - ₹3 L/yr 37% more
CreditAccess Grameen Credit Executive Salary 0 - 7 years exp. (4 salaries)	₹2.7 L/yr - ₹3.5 L/yr 74% more
Utkarsh Small Finance Bank Credit Executive Salary 1 - 3 years exp. (6 salaries)	₹1.9 L/yr - ₹4.8 L/yr 69% more
Shriram Finance Credit Executive Salary 1 - 9 years exp. (249 salaries)	₹1 L/yr - ₹3.8 L/yr 47% more
Mahindra Rural Housing Finance Credit Executive Salary 0 - 7 years exp. (148 salaries)	₹1.4 L/yr - ₹3.5 L/yr 44% more
SMFG India Credit Credit Executive Salary 0 - 6 years exp. (54 salaries)	₹1.9 L/yr - ₹4.5 L/yr 82% more
HDB Financial Services Credit Executive Salary 0 - 3 years exp. (49 salaries)	₹1.2 L/yr - ₹3.2 L/yr 23% more
L&T Finance Credit Executive Salary 1 - 5 years exp. (25 salaries)	₹2.3 L/yr - ₹3.5 L/yr 75% more
TVS Credit Credit Executive Salary 0 - 6 years exp. (23 salaries)	₹1.2 L/yr - ₹2.5 L/yr 4% more
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Mahindra Finance Credit Executive Salary 1 - 6 years exp. (21 salaries)	₹1.6 L/yr - ₹3.5 L/yr 38% more
Bajaj Finance Credit Executive Salary 1 - 4 years exp. (18 salaries)	₹2.2 L/yr - ₹4 L/yr 62% more
Aditya Birla Finance Credit Executive Salary 0 - 3 years exp. (16 salaries)	₹1.8 L/yr - ₹3.5 L/yr 35% more
IIFL SAMASTA Credit Executive Salary 1 - 4 years exp. (6 salaries)	₹2.2 L/yr - ₹4.5 L/yr 90% more
IIFL Finance Credit Executive Salary 3 - 7 years exp. (5 salaries)	₹2 L/yr - ₹3 L/yr 44% more
Home Credit Finance Credit Executive Salary 2 - 7 years exp. (5 salaries)	₹2.5 L/yr - ₹3.2 L/yr 45% more
Tata Motors Finance Credit Executive Salary 2 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹2.9 L/yr 26% more
Muthoot Fincorp Credit Executive Salary 0 - 3 years exp. (4 salaries)	₹1.7 L/yr - ₹3.5 L/yr 57% more
SK Finance Limited Credit Executive Salary 4 - 9 years exp. (4 salaries)	₹1.5 L/yr - ₹2.5 L/yr 4% 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.

Experience wise Muthoot Microfin Credit Executive salaries

Last Updated: 11 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.2 L/yr
1 year (4 salaries)	₹1.6 L/yr - ₹2.1 L/yr
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2 years (AmbitionBox Estimate)	₹0.7 L/yr - ₹2.2 L/yr

Similar Designation salaries in Muthoot Microfin

Sales Executive Salary

(3 salaries)

₹1.6 L/yr - ₹2 L/yr

Finance Executive Salary

(7 salaries)

₹1.55 L/yr - ₹2.3 L/yr

Relationship Executive Salary

(7 salaries)

₹1.5 L/yr - ₹2.92 L/yr

Team Lead Salary

(4 salaries)

₹2.85 L/yr - ₹3 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Senior Accounts Executive Salary

(3 salaries)

₹2 L/yr - ₹2.5 L/yr

Collection Officer Salary

(5 salaries)

₹2.1 L/yr - ₹2.64 L/yr

Branch Manager Salary

(105 salaries)

₹2 L/yr - ₹4.5 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Process Associate Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Salary related reviews for Muthoot Microfin

2.4

Rated by 3 employees for salary & benefits

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

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.

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

Dislikes

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

Relationship Officer in Aluva

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.

Dislikes

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

Relationship Officer in Kundapura

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

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

Relationship Officer in Nimbahera

BFSI, Investments & Trading Department

1.0

• posted on 08 Aug 2021

1.0

for Salary and Benefits

Likes

I don't like anything

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"

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Microfin Credit Executive Salary FAQs

What is the salary of Credit Executive at Muthoot Microfin?

Credit Executive salary at Muthoot Microfin in India ranges between ₹1.6 Lakhs to ₹2.2 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 29% less than the average Credit Executive Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Microfin India.

How does the salary of a Credit Executive at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a Credit Executive at Muthoot Microfin is 29% less than the average salary of a Credit Executive in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Microfin to a Credit Executive in India?

IIFL SAMASTA Credit Executive Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
SMFG India Credit Credit Executive Salary - ₹1.9 Lakhs to ₹4.5 Lakhs per year
L&T Finance Credit Executive Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
CreditAccess Grameen Credit Executive Salary - ₹2.7 Lakhs to ₹3.5 Lakhs per year
Utkarsh Small Finance Bank Credit Executive Salary - ₹1.9 Lakhs to ₹4.8 Lakhs per year

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

Bajaj Finance Credit Executive Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp Credit Executive Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
Shriram Finance Credit Executive Salary - ₹1.0 Lakhs to ₹3.8 Lakhs per year
Home Credit Finance Credit Executive Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year
Mahindra Rural Housing Finance Credit Executive Salary - ₹1.4 Lakhs to ₹3.5 Lakhs per year

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 ranges between ₹12,459 per month to ₹13,807 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Credit Executive salary in India which ranges between ₹1.6 Lakhs to ₹2.2 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Credit Executive at Muthoot Microfin?

According to AmbitionBox, 88% of the Muthoot Microfin Credit Executives reported a notice period of 3 Months, 12% reported a notice period of 2 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Credit Executive Salaries

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