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4.3

based on 929 Reviews

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Muthoot Microfin Credit Officer salaries in India

Annual salary range
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)
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₹1.4 L/yr - ₹2.5 L/yr

BFSI, Investments & Trading
Credit Officer Salary
0 - 6 years exp. (20 salaries)
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₹1.7 L/yr - ₹2.7 L/yr

Customer Success, Service & Operations
Credit Officer Salary
1 - 6 years exp. (4 salaries)
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₹1.7 L/yr - ₹1.9 L/yr

Sales & Business Development
Credit Officer Salary
2 - 5 years exp. (4 salaries)
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₹1.8 L/yr - ₹2.1 L/yr

Marketing & Communication
Credit Officer Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹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
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Bajaj Finance Credit Officer Salary

0 - 5 years exp. (38 salaries)

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₹1.9 L/yr - ₹5.5 L/yr

arrow icon 73% more
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HDFC Bank Credit Officer Salary

1 - 8 years exp. (332 salaries)

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₹1.3 L/yr - ₹3.9 L/yr

arrow icon 28% more
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ICICI Bank Credit Officer Salary

0 - 8 years exp. (107 salaries)

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₹1.2 L/yr - ₹4.7 L/yr

arrow icon 29% more
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Axis Bank Credit Officer Salary

0 - 6 years exp. (173 salaries)

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₹1.2 L/yr - ₹6.5 L/yr

arrow icon 79% more
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Kotak Mahindra Bank Credit Officer Salary

0 - 6 years exp. (104 salaries)

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₹1.5 L/yr - ₹4.7 L/yr

arrow icon 32% more
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₹1.6 L/yr - ₹4.3 L/yr

arrow icon 52% more
1 job opening
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₹1.1 L/yr - ₹3.7 L/yr

arrow icon 25% more
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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 37% more
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Shriram Finance Credit Officer Salary

0 - 9 years exp. (174 salaries)

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₹1.2 L/yr - ₹4.5 L/yr

arrow icon 37% more
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Muthoot Fincorp Credit Officer Salary

0 - 6 years exp. (174 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 39% 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

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Experience wise Muthoot Microfin Credit Officer salaries

Last Updated: 26 Mar 2024

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹1.8 L/yr - ₹2.4 L/yr
1 year  (14 salaries)

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₹1.7 L/yr - ₹2.4 L/yr
2 years  (16 salaries)

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₹1.4 L/yr - ₹2.5 L/yr
3 years  (16 salaries)

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₹1.7 L/yr - ₹2.7 L/yr
4 years  (8 salaries)

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₹1.6 L/yr - ₹2.5 L/yr
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Muthoot Microfin Credit Officer Salary and Career Growth

From

To

Credit Officer

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0 - 6 years exp.

Area Credit Manager

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2 - 9 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
(12 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
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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
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₹1.6 L/yr - ₹2.18 L/yr
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₹2 L/yr - ₹5.5 L/yr
Branch Manager Salary
(94 salaries)
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₹2 L/yr - ₹4.1 L/yr
Deputy Manager Salary
(29 salaries)
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₹2.9 L/yr - ₹7.68 L/yr
Chief Manager Salary
(20 salaries)
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₹8.4 L/yr - ₹19 L/yr
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₹5 L/yr - ₹10.13 L/yr

Salary related reviews for Muthoot Microfin

2.9

Rated by 31 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

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

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.

read more

Dislikes

My reporting persons behaviour was not good. Nothing else.

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.

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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

read more

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

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Dislikes

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

read 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

Dislikes

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

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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?
  • Bharat Financial Inclusion Credit Officer Salary - ₹3.0 Lakhs to ₹6.5 Lakhs per year
  • Axis Bank Credit Officer Salary - ₹1.2 Lakhs to ₹6.5 Lakhs per year
  • Bajaj Finance Credit Officer Salary - ₹1.9 Lakhs to ₹5.5 Lakhs per year
  • Aditya Birla Finance Credit Officer Salary - ₹2.4 Lakhs to ₹4.6 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 - ₹1.8 Lakhs to ₹4.0 Lakhs per year
  • Manappuram Finance Credit Officer Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
  • Svatantra Microfin Credit Officer Salary - ₹2.5 Lakhs to ₹3.9 Lakhs per year
  • IIFL SAMASTA Credit Officer Salary - ₹2.0 Lakhs to ₹3.7 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.

Tell us how to improve this page.

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