Muthoot Microfin Credit Officer Salaries by 60+ Employees (Updated 2025)

0 - 6 years exp.

₹1.4 Lakh - ₹2.7 Lakhs

Salary of majority employees

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44% less than the average Credit Officer Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 0 - 6 years exp. (24 salaries)	Unlock ₹1.4 L/yr - ₹2.5 L/yr
BFSI, Investments & Trading Credit Officer Salary 0 - 6 years exp. (20 salaries)	Unlock ₹1.7 L/yr - ₹2.7 L/yr
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Customer Success, Service & Operations Credit Officer Salary 1 - 6 years exp. (4 salaries)	Unlock ₹1.7 L/yr - ₹1.9 L/yr
Sales & Business Development Credit Officer Salary 2 - 5 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹2.1 L/yr
Marketing & Communication Credit Officer Salary 0 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹2.2 L/yr

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Last Updated: 26 Mar 2024

Companies similar to Muthoot Microfin for Credit Officer

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Officer Salary 0 - 5 years exp. (38 salaries)	Unlock ₹1.9 L/yr - ₹5.5 L/yr 74% more
HDFC Bank Credit Officer Salary 1 - 8 years exp. (251 salaries)	Unlock ₹1.2 L/yr - ₹4 L/yr 27% more
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ICICI Bank Credit Officer Salary 0 - 6 years exp. (118 salaries)	Unlock ₹1.2 L/yr - ₹4.7 L/yr 25% more
Axis Bank Credit Officer Salary 0 - 6 years exp. (175 salaries)	Unlock ₹1.2 L/yr - ₹6.8 L/yr 80% more	1 job opening
Kotak Mahindra Bank Credit Officer Salary 1 - 6 years exp. (96 salaries)	Unlock ₹1.5 L/yr - ₹4.5 L/yr 33% more
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (275 salaries)	Unlock ₹1.2 L/yr - ₹4.4 L/yr 54% more	1 job opening
Utkarsh Small Finance Bank Credit Officer Salary 0 - 4 years exp. (240 salaries)	Unlock ₹1.5 L/yr - ₹4.1 L/yr 29% more	1 job opening
Mahindra Rural Housing Finance Credit Officer Salary 0 - 6 years exp. (199 salaries)	Unlock ₹1.2 L/yr - ₹4 L/yr 34% more
Shriram Finance Credit Officer Salary 0 - 9 years exp. (170 salaries)	Unlock ₹1.2 L/yr - ₹4.5 L/yr 36% more
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (165 salaries)	Unlock ₹1.7 L/yr - ₹4 L/yr 42% more

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Credit Officer salary at Muthoot Microfin ranges between ₹1.4 Lakh to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 69 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Credit Officer

9mo ago

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3 years exp.

1y ago

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2 years exp.

1y ago

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1 year exp.

1y ago

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3 months exp.

1y ago

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3 years exp.

1y ago

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2 years exp.

1y ago

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6 years exp.

1y ago

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2 years exp.

1y ago

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1 year exp.

1y ago

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2 years exp.

Experience wise Muthoot Microfin Credit Officer salaries

Last Updated: 26 Mar 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	Unlock ₹1.8 L/yr - ₹2.4 L/yr
1 year (14 salaries)	Unlock ₹1.7 L/yr - ₹2.4 L/yr
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2 years (16 salaries)	Unlock ₹1.4 L/yr - ₹2.5 L/yr
3 years (16 salaries)	Unlock ₹1.7 L/yr - ₹2.7 L/yr
4 years (8 salaries)	Unlock ₹1.6 L/yr - ₹2.5 L/yr
5 years (5 salaries)	Unlock ₹1.8 L/yr - ₹2.5 L/yr
6 years (4 salaries)	Unlock ₹1.9 L/yr - ₹2.6 L/yr

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From

Credit Officer

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0 - 6 years exp.

Area Credit Manager

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₹

Lakhs/yr

2 - 8 years exp.

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 Muthoot Microfin

Credit Manager Salary

(10 salaries)

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₹2 L/yr - ₹2.88 L/yr

Sales Officer Salary

(4 salaries)

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₹2.4 L/yr - ₹3 L/yr

Senior Credit Officer Salary

(5 salaries)

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₹1.9 L/yr - ₹2.8 L/yr

Officer Salary

(22 salaries)

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₹1.6 L/yr - ₹3.1 L/yr

Credit Executive Salary

(7 salaries)

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₹1.6 L/yr - ₹2.18 L/yr

Area Credit Manager Salary

(28 salaries)

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₹2 L/yr - ₹5.5 L/yr

Branch Manager Salary

(116 salaries)

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₹2 L/yr - ₹4.62 L/yr

Deputy Manager Salary

(32 salaries)

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₹3 L/yr - ₹7.88 L/yr

Chief Manager Salary

(20 salaries)

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₹8.4 L/yr - ₹19 L/yr

Zonal Credit Manager Salary

(5 salaries)

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₹5 L/yr - ₹10.13 L/yr

Salary related reviews for Muthoot Microfin

2.9

Rated by 30 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

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

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

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

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Microfin Credit Officer Salary FAQs

What is the salary of Credit Officer at Muthoot Microfin?

Credit Officer salary at Muthoot Microfin in India ranges between ₹1.4 Lakhs to ₹2.7 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 44% less than the average Credit Officer Salary in India. Salary estimates are based on 69 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Credit Officer at Muthoot Microfin is 44% less than the average salary of a Credit Officer in India. To know exact salary insights, login to view.

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

Axis Bank Credit Officer Salary - ₹1.2 Lakhs to ₹6.8 Lakhs per year
Aditya Birla Finance Credit Officer Salary - ₹2.4 Lakhs to ₹4.6 Lakhs per year
Bajaj Finance Credit Officer Salary - ₹1.9 Lakhs to ₹5.5 Lakhs per year
Manappuram Finance Credit Officer Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
Ujjivan Financial Services Credit Officer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year

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

Fusion Microfinance Credit Officer Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
L&T Finance Credit Officer Salary - ₹1.5 Lakhs to ₹4.0 Lakhs per year
IIFL SAMASTA Credit Officer Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
Equitas Small Finance Bank Credit Officer Salary - ₹1.2 Lakhs to ₹4.4 Lakhs per year
SK Finance Limited Credit Officer Salary - ₹1.6 Lakhs to ₹4.5 Lakhs per year

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

The estimated take-home salary of a Credit Officer at Muthoot Microfin ranges between ₹13,931 per month to ₹15,406 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Credit Officer salary in India which ranges between ₹1.4 Lakhs to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 38% of the Muthoot Microfin Credit Officers reported a notice period of 3 Months, 31% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 13 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Credit Officer Salaries by Location

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Muthoot Microfin Credit Officer Salaries

Muthoot Microfin Credit Officer salary in India ranges between ₹1.4 Lakh to ₹2.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 69 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Credit Officer salaries in India

Companies similar to Muthoot Microfin for Credit Officer

Latest annual salaries shared by Muthoot Microfin Credit Officer

Experience wise Muthoot Microfin Credit Officer salaries

Similar Designation salaries in Muthoot Microfin

Salary related reviews for Muthoot Microfin

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Manager in Sangli

Branch Relationship Manager Operation in Bijnor

Senior Relationship Officer in Berhampur

Relationship Officer (working remotely)

Muthoot Microfin Credit Officer Salary FAQs

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Muthoot Microfin Credit Officer Salaries by Location