Muthoot Microfin FO Salaries by 4 Employees (Updated 2025)

1 - 2 years exp.

₹2.3 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

29% less than the average FO Salary in NBFC Companies for 1 - 2 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting FO Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
Customer Success, Service & Operations FO Salary 1 year exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.5 L/yr
Login to view exact salary
Sales & Business Development FO Salary 2 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 4 Feb 2025

Companies similar to Muthoot Microfin for FO

Company name	Avg Annual Salary	Open Jobs
TVS Credit FO Salary 10 - 12 years exp. (3 salaries)	₹1.5 L/yr - ₹2.2 L/yr 16% less
Shriram Finance FO Salary 0 - 1 year exp. (3 salaries)	₹1.8 L/yr - ₹2.1 L/yr 20% less
Login to view exact salary
Cadila Pharmaceuticals FO Salary 1 - 17 years exp. (17 salaries)	₹2.1 L/yr - ₹6.2 L/yr 58% more
Sonalika Tractors FO Salary 0 - 5 years exp. (6 salaries)	₹3.6 L/yr - ₹4.5 L/yr 54% more
Tractors and Farm Equipment FO Salary 2 - 4 years exp. (6 salaries)	₹2.4 L/yr - ₹3.3 L/yr 13% more

FO salary at Muthoot Microfin ranges between ₹2.3 Lakhs to ₹3 Lakhs per year for employees with experience between 1 year to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin FO salaries

Last Updated: 4 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
Login to view exact salary
2 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr

Similar Designation salaries in Muthoot Microfin

Relationship Officer Salary

(279 salaries)

₹1.3 L/yr - ₹3.5 L/yr

Area Manager Salary

(65 salaries)

₹2.15 L/yr - ₹5.55 L/yr

Divisional Manager Salary

(37 salaries)

₹3.5 L/yr - ₹7 L/yr

Deputy Manager Salary

(32 salaries)

₹3 L/yr - ₹7.88 L/yr

Senior Officer Salary

(24 salaries)

₹2 L/yr - ₹4.32 L/yr

Officer Salary

(22 salaries)

₹1.6 L/yr - ₹3.1 L/yr

Chief Manager Salary

(20 salaries)

₹8.4 L/yr - ₹19 L/yr

Field Officer Salary

(17 salaries)

₹1.65 L/yr - ₹2.65 L/yr

Deputy Chief Manager Salary

(15 salaries)

₹7.08 L/yr - ₹12.95 L/yr

Associate Vice President Salary

(9 salaries)

₹14.2 L/yr - ₹21.2 L/yr

Salary related reviews for Muthoot Microfin

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

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.

Skill development - Good

+4 more

Dislikes

The appraisal were not effective for career growth.the notice period of 90 days is very lagging.

Relationship Officer in Kundapura

Other Department

5.0

• posted on 19 Apr 2021

3.0

for Salary and Benefits

Likes

Good work culture. Teammates are supportive and the management is good.company policies are good,appraisals are not fair and they give not good salary hike and bonus every year

Skill development - Excellent

+3 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.There is bond of 3years before which cannot resign

Relationship Officer in Nimbahera

BFSI, Investments & Trading Department

1.0

• posted on 08 Aug 2021

1.0

for Salary and Benefits

Likes

I don't like anything

Company culture - Excellent

Dislikes

Too much manual process Salary will not come in single payment No fix duty hours they will use you 6 am to 11 pm as a slave And most important thing " kam ni karna to ghar ja"

Salary - Bad

+4 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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

Got a question about Muthoot Microfin?

Ask anonymously on communities.

Muthoot Microfin FO Salary FAQs

What is the salary of FO at Muthoot Microfin?

FO salary at Muthoot Microfin in India ranges between ₹2.3 Lakhs to ₹3.0 Lakhs for experience between 1 years to 2 years. According to our estimates it is 29% less than the average FO Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a FO at Muthoot Microfin is 29% less than the average salary of a FO in India. To know exact salary insights, login to view.

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

Cadila Pharmaceuticals FO Salary - ₹2.1 Lakhs to ₹6.2 Lakhs per year
Sonalika Tractors FO Salary - ₹3.6 Lakhs to ₹4.5 Lakhs per year
Tractors and Farm Equipment FO Salary - ₹2.4 Lakhs to ₹3.3 Lakhs per year

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

TVS Credit FO Salary - ₹1.5 Lakhs to ₹2.2 Lakhs per year
Shriram Finance FO Salary - ₹1.8 Lakhs to ₹2.1 Lakhs per year

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

The estimated take-home salary of a FO at Muthoot Microfin ranges between ₹17,221 per month to ₹18,925 per month in India. The take-home salary calculation is based on the average Muthoot Microfin FO salary in India which ranges between ₹2.3 Lakhs to ₹3.0 Lakhs per year for employees with experience between 1 years to 2 years. Check how did we calculate take home salary?

What is the notice period for FO at Muthoot Microfin?

According to AmbitionBox, 75% of the Muthoot Microfin FOs reported a notice period of 15 days or less, 25% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Microfin FO Salaries by Location

Home >
Salaries >
Muthoot Microfin Salaries >
Muthoot Microfin FO Salaries

Muthoot Microfin FO salary in India ranges between ₹2.3 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.