Muthoot Microfin Credit Officer Salaries by 100+ Employees (Updated 2025)

0 - 6 years exp.

₹1.4 Lakh - ₹2.7 Lakhs

Salary of majority employees

40% less than the average Credit Officer Salary in NBFC Companies for 0 - 6 years of experience

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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. (37 salaries)	₹1.9 L/yr - ₹5 L/yr 63% more
HDFC Bank Credit Officer Salary 1 - 8 years exp. (332 salaries)	₹1.3 L/yr - ₹4 L/yr 21% more
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ICICI Bank Credit Officer Salary 0 - 6 years exp. (110 salaries)	₹1.2 L/yr - ₹4.8 L/yr 22% more
Axis Bank Credit Officer Salary 0 - 6 years exp. (179 salaries)	₹1.2 L/yr - ₹6.7 L/yr 67% more	1 job opening
Kotak Mahindra Bank Credit Officer Salary 0 - 6 years exp. (104 salaries)	₹1.5 L/yr - ₹4.7 L/yr 25% more
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (259 salaries)	₹1.6 L/yr - ₹4.4 L/yr 41% more	1 job opening
Muthoot Fincorp Credit Officer Salary 0 - 6 years exp. (172 salaries)	₹1.3 L/yr - ₹4 L/yr 31% more
HDB Financial Services Credit Officer Salary 1 - 7 years exp. (121 salaries)	₹1.1 L/yr - ₹4.1 L/yr 26% more
Shriram Finance Credit Officer Salary 0 - 9 years exp. (177 salaries)	₹1.2 L/yr - ₹4.5 L/yr 29% more
Mahindra Rural Housing Finance Credit Officer Salary 0 - 8 years exp. (195 salaries)	₹1.6 L/yr - ₹4 L/yr 31% more

View all

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 101 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Credit Officer salaries

Last Updated: 26 Mar 2024

Experience	Avg Annual Salary
Fresher (9 salaries)	₹1.4 L/yr - ₹2.5 L/yr
1 year (25 salaries)	₹1.7 L/yr - ₹2.4 L/yr
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2 years (25 salaries)	₹1.4 L/yr - ₹2.5 L/yr
3 years (22 salaries)	₹1.7 L/yr - ₹2.7 L/yr
4 years (11 salaries)	₹1.6 L/yr - ₹2.5 L/yr
5 years (5 salaries)	₹1.8 L/yr - ₹2.5 L/yr
6 years (4 salaries)	₹1.9 L/yr - ₹2.6 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹2.88 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Senior Credit Officer Salary

(5 salaries)

₹1.9 L/yr - ₹2.8 L/yr

Officer Salary

(22 salaries)

₹1.6 L/yr - ₹3.1 L/yr

Credit Executive Salary

(7 salaries)

₹1.6 L/yr - ₹2.18 L/yr

Area Credit Manager Salary

(30 salaries)

₹2 L/yr - ₹5.5 L/yr

Branch Manager Salary

(98 salaries)

₹2 L/yr - ₹4.5 L/yr

Deputy Manager Salary

(29 salaries)

₹2.9 L/yr - ₹7.68 L/yr

Chief Manager Salary

(18 salaries)

₹8.4 L/yr - ₹19 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹5 L/yr - ₹10.13 L/yr

Salary related reviews for Muthoot Microfin

4.0

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.

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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Top trending discussions

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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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 40% less than the average Credit Officer Salary in India. Salary estimates are based on 101 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 40% 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 ₹6.7 Lakhs per year
Aditya Birla Finance Credit Officer Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Bajaj Finance Credit Officer Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year
Ujjivan Financial Services Credit Officer Salary - ₹1.8 Lakhs to ₹5.0 Lakhs per year
L&T Finance Credit Officer Salary - ₹1.8 Lakhs to ₹4.0 Lakhs per year

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

Manappuram Finance Credit Officer Salary - ₹2.2 Lakhs to ₹4.5 Lakhs per year
IIFL SAMASTA Credit Officer Salary - ₹2.0 Lakhs to ₹3.7 Lakhs per year
IIFL Finance Credit Officer Salary - ₹1.7 Lakhs to ₹4.2 Lakhs per year
Equitas Small Finance Bank Credit Officer Salary - ₹1.6 Lakhs to ₹4.4 Lakhs per year
SMFG India Credit Credit Officer Salary - ₹1.6 Lakhs to ₹4.0 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 ₹14,863 per month to ₹16,419 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, 100% of the Muthoot Microfin Credit Officers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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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 101 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.