Muthoot Microfin Bangalore / Bengaluru Credit Officer Salaries by 4 Employees (Updated 2024)

0 - 2 years exp.

₹1.9 Lakh - ₹2.5 Lakhs

Salary of majority employees

43% less than the average Credit Officer Salary in NBFC Companies for 0 - 2 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Officer Salary 0 - 1 year exp. (3 salaries)	₹1.9 L/yr - ₹2.2 L/yr
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Finance & Accounting Credit Officer Salary 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr

Last Updated: 12 Mar 2023

Companies similar to Muthoot Microfin for Credit Officer in Bangalore / Bengaluru

Muthoot Microfin Credit Officer Salary

0 - 2 years exp. (4 salaries)

₹1.9 L/yr - ₹2.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Officer Salary 0 - 4 years exp. (6 salaries)	₹1.9 L/yr - ₹5 L/yr 64% more
HDFC Bank Credit Officer Salary 1 - 7 years exp. (23 salaries)	₹1.8 L/yr - ₹3.9 L/yr 30% more
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ICICI Bank Credit Officer Salary 0 - 4 years exp. (6 salaries)	₹1.8 L/yr - ₹3.8 L/yr 13% more
Axis Bank Credit Officer Salary 0 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹6.1 L/yr 69% more
Equitas Small Finance Bank Credit Officer Salary 1 - 10 years exp. (41 salaries)	₹2.2 L/yr - ₹4.3 L/yr 47% more	1 job opening
Muthoot Fincorp Credit Officer Salary 1 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹3.5 L/yr 35% more
SMFG India Credit Credit Officer Salary 1 - 5 years exp. (6 salaries)	₹2.2 L/yr - ₹3.9 L/yr 33% more
TVS Credit Credit Officer Salary 4 - 8 years exp. (5 salaries)	₹2.4 L/yr - ₹4 L/yr 33% more
CreditAccess Grameen Credit Officer Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹3.4 L/yr 16% more
IIFL Finance Credit Officer Salary 1 - 3 years exp. (4 salaries)	₹2.6 L/yr - ₹3.3 L/yr 44% more
Aditya Birla Finance Credit Officer Salary 3 - 4 years exp. (4 salaries)	₹2.6 L/yr - ₹5 L/yr 67% more
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Spandana Sphoorty Financial Credit Officer Salary 1 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹3.5 L/yr 11% more
Shriram Finance Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹3 L/yr - ₹3.5 L/yr 45% more

Credit Officer salary at Muthoot Microfin ranges between ₹1.9 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Credit Officer salaries in Bangalore / Bengaluru

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.8 L/yr
1 year (AmbitionBox Estimate)	₹1.9 L/yr - ₹3.8 L/yr
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2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.5 L/yr

Similar Designation salaries in Muthoot Microfin

Branch Manager Salary

(3 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Muthoot Microfin

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.

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.

Dislikes

My reporting persons behaviour was not good. Nothing else.

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

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.

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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 Officer Salary FAQs

What is the salary of Credit Officer at Muthoot Microfin Bangalore / Bengaluru?

Credit Officer salary at Muthoot Microfin in Bangalore / Bengaluru ranges between ₹1.9 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 43% less than the average Credit Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin Bangalore / Bengaluru.

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

The average salary of a Credit Officer at Muthoot Microfin is 43% less than the average salary of a Credit Officer in Bangalore / Bengaluru. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Microfin to a Credit Officer in Bangalore / Bengaluru?

Axis Bank Credit Officer Salary - ₹2.3 Lakhs to ₹6.1 Lakhs per year
Aditya Birla Finance Credit Officer Salary - ₹2.6 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance Credit Officer Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
Equitas Small Finance Bank Credit Officer Salary - ₹2.2 Lakhs to ₹4.3 Lakhs per year
Shriram Finance Credit Officer Salary - ₹3.0 Lakhs to ₹3.5 Lakhs per year

What is the salary of a Credit Officer in companies similar to Muthoot Microfin in Bangalore / Bengaluru?

IIFL Finance Credit Officer Salary - ₹2.6 Lakhs to ₹3.3 Lakhs per year
Muthoot Fincorp Credit Officer Salary - ₹2.5 Lakhs to ₹3.5 Lakhs per year
TVS Credit Credit Officer Salary - ₹2.4 Lakhs to ₹4.0 Lakhs per year
SMFG India Credit Credit Officer Salary - ₹2.2 Lakhs to ₹3.9 Lakhs per year
HDFC Bank Credit Officer Salary - ₹1.8 Lakhs to ₹3.9 Lakhs per year

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

The estimated take-home salary of a Credit Officer at Muthoot Microfin ranges between ₹15,009 per month to ₹16,578 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Muthoot Microfin Credit Officer salary in India which ranges between ₹1.9 Lakhs to ₹2.5 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 Officer at Muthoot Microfin in Bangalore / Bengaluru?

According to AmbitionBox, 100% of the Muthoot Microfin Credit Officers in Bangalore / Bengaluru reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Microfin Credit Officer Salaries in Bangalore / Bengaluru

Muthoot Microfin Credit Officer salary in Bangalore / Bengaluru ranges between ₹1.9 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Credit Officer salaries in Bangalore / Bengaluru

Companies similar to Muthoot Microfin for Credit Officer in Bangalore / Bengaluru

Latest annual salaries shared by Muthoot Microfin Credit Officer in Bangalore / Bengaluru

Experience wise Muthoot Microfin Credit Officer salaries in Bangalore / Bengaluru

Similar Designation salaries in Muthoot Microfin

Salary related reviews for Muthoot Microfin

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Manager in Sangli

Senior Relationship Officer in Berhampur

Relationship Officer (working remotely)

Relationship Officer in Aluva

Muthoot Microfin Credit Officer Salary FAQs

Tell us how to improve this page.