Muthoot Microfin Credit Operation Executive Salaries by 10+ Employees (Updated 2024)

0 - 3 years exp.

₹1.5 Lakh - ₹2.5 Lakhs

Salary of majority employees

32% less than the average Credit Operation Executive Salary in NBFC Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Operation Executive Salary 0 - 2 years exp. (5 salaries)	₹1.7 L/yr - ₹2.2 L/yr
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Finance & Accounting Credit Operation Executive Salary 1 - 3 years exp. (3 salaries)	₹1.6 L/yr - ₹2.5 L/yr

Last Updated: 22 Nov 2023

Companies similar to Muthoot Microfin for Credit Operation Executive

Company name	Avg Annual Salary	Open Jobs
Equitas Small Finance Bank Credit Operation Executive Salary 3 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr 19% more
CreditAccess Grameen Credit Operation Executive Salary 2 - 3 years exp. (6 salaries)	₹2 L/yr - ₹3 L/yr 13% more
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Bajaj Finance Credit Operation Executive Salary 0 - 5 years exp. (150 salaries)	₹1.8 L/yr - ₹4.1 L/yr 64% more
SMFG India Credit Credit Operation Executive Salary 2 - 10 years exp. (11 salaries)	₹2.8 L/yr - ₹3.4 L/yr 63% more
Shriram Finance Credit Operation Executive Salary 0 - 6 years exp. (10 salaries)	₹2.1 L/yr - ₹3 L/yr 29% more
Manappuram Finance Credit Operation Executive Salary 1 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹3.3 L/yr 44% more
TVS Credit Credit Operation Executive Salary 1 - 5 years exp. (6 salaries)	₹2 L/yr - ₹3.1 L/yr 28% more
HDB Financial Services Credit Operation Executive Salary 3 - 9 years exp. (5 salaries)	₹2.5 L/yr - ₹3.2 L/yr 43% more
Aditya Birla Finance Credit Operation Executive Salary 0 - 4 years exp. (4 salaries)	₹1.7 L/yr - ₹4 L/yr 34% more
Mahindra Rural Housing Finance Credit Operation Executive Salary 1 - 4 years exp. (4 salaries)	₹2.1 L/yr - ₹2.8 L/yr 22% more
SK Finance Limited Credit Operation Executive Salary 4 - 6 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 8% more
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IIFL Finance Credit Operation Executive Salary 2 - 14 years exp. (3 salaries)	₹3.6 L/yr - ₹7.3 L/yr 177% more
Mahindra Finance Credit Operation Executive Salary 4 - 9 years exp. (3 salaries)	₹2.9 L/yr - ₹3.8 L/yr 79% more
Tata Motors Finance Credit Operation Executive Salary 0 - 4 years exp. (3 salaries)	₹1 L/yr - ₹2.3 L/yr 15% less

Credit Operation Executive salary at Muthoot Microfin ranges between ₹1.5 Lakh to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Credit Operation Executive salaries

Last Updated: 22 Nov 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.2 L/yr
1 year (6 salaries)	₹1.5 L/yr - ₹2 L/yr
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2 years (3 salaries)	₹1.5 L/yr - ₹2.5 L/yr
3 years (AmbitionBox Estimate)	₹0.8 L/yr - ₹2 L/yr

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Branch Relationship Manager Salary

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₹2 L/yr - ₹4.2 L/yr

Area Credit Manager Salary

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₹2 L/yr - ₹5.5 L/yr

Assistant Branch Manager Salary

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₹1.9 L/yr - ₹3.1 L/yr

Credit Manager Salary

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Senior Relationship Officer Salary

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₹2.2 L/yr - ₹3 L/yr

Senior Divisional Manager Salary

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Credit Executive Salary

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₹1.6 L/yr - ₹2.18 L/yr

Salary related reviews for Muthoot Microfin

3.2

Rated by 5 employees for salary & benefits

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

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.

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.

see more salary related reviews

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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 Operation Executive Salary FAQs

What is the salary of Credit Operation Executive at Muthoot Microfin?

Credit Operation Executive salary at Muthoot Microfin in India ranges between ₹1.5 Lakhs to ₹2.5 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 32% less than the average Credit Operation Executive Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Credit Operation Executive at Muthoot Microfin is 32% less than the average salary of a Credit Operation Executive in India. To know exact salary insights, login to view.

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

IIFL Finance Credit Operation Executive Salary - ₹3.6 Lakhs to ₹7.3 Lakhs per year
Mahindra Finance Credit Operation Executive Salary - ₹2.9 Lakhs to ₹3.8 Lakhs per year
Bajaj Finance Credit Operation Executive Salary - ₹1.8 Lakhs to ₹4.1 Lakhs per year
SMFG India Credit Credit Operation Executive Salary - ₹2.8 Lakhs to ₹3.4 Lakhs per year
Manappuram Finance Credit Operation Executive Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year

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

HDB Financial Services Credit Operation Executive Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year
Aditya Birla Finance Credit Operation Executive Salary - ₹1.7 Lakhs to ₹4.0 Lakhs per year
Shriram Finance Credit Operation Executive Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year
TVS Credit Credit Operation Executive Salary - ₹2.0 Lakhs to ₹3.1 Lakhs per year
Mahindra Rural Housing Finance Credit Operation Executive Salary - ₹2.1 Lakhs to ₹2.8 Lakhs per year

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

The estimated take-home salary of a Credit Operation Executive at Muthoot Microfin ranges between ₹13,280 per month to ₹14,699 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Credit Operation Executive salary in India which ranges between ₹1.5 Lakhs to ₹2.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 54% of the Muthoot Microfin Credit Operation Executives reported a notice period of 15 days or less, 31% reported a notice period of 3 Months 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 Operation Executive Salaries

Muthoot Microfin Credit Operation Executive salary in India ranges between ₹1.5 Lakh to ₹2.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.