Muthoot Microfin Loan Officer Salaries by 3 Employees

0 - 6 years exp.

₹1.2 Lakh - ₹5.3 Lakhs

Low Confidence

Salary of majority employees

At par with the average Loan Officer Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Last Updated: 28 Feb 2024

Companies similar to Muthoot Microfin for Loan Officer

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Loan Officer Salary 0 - 4 years exp. (201 salaries)	₹1.2 L/yr - ₹4.5 L/yr 11% less
Ujjivan Financial Services Loan Officer Salary 0 - 7 years exp. (22 salaries)	₹1.7 L/yr - ₹3.4 L/yr 11% less	19 job openings
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Satin Creditcare Network Loan Officer Salary 0 - 4 years exp. (4 salaries)	₹1.9 L/yr - ₹2.2 L/yr 29% less
Spandana Sphoorty Financial Loan Officer Salary 0 - 6 years exp. (41 salaries)	₹1.4 L/yr - ₹5 L/yr At par
Jana Small Finance Bank Loan Officer Salary 0 - 6 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 19% less
Svatantra Microfin Loan Officer Salary 2 - 5 years exp. (9 salaries)	₹1.8 L/yr - ₹3.3 L/yr 7% less
Annapurna Finance Loan Officer Salary 1 - 5 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 25% less
Utkarsh Small Finance Bank Loan Officer Salary 0 - 2 years exp. (5 salaries)	₹1.2 L/yr - ₹3.6 L/yr 20% less
Aye Finance Loan Officer Salary 1 - 6 years exp. (62 salaries)	₹2 L/yr - ₹3.6 L/yr 9% less
HDB Financial Services Loan Officer Salary 0 - 4 years exp. (49 salaries)	₹1.2 L/yr - ₹3.5 L/yr 19% less	2 job openings
Muthoot Fincorp Loan Officer Salary 0 - 4 years exp. (19 salaries)	₹1.5 L/yr - ₹2.7 L/yr 28% less
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L&T Finance Loan Officer Salary 0 - 3 years exp. (19 salaries)	₹1.5 L/yr - ₹2.8 L/yr 18% less
IIFL Finance Loan Officer Salary 1 - 6 years exp. (13 salaries)	₹1.8 L/yr - ₹3.7 L/yr 9% more
Bajaj Finance Loan Officer Salary 0 - 6 years exp. (14 salaries)	₹1.3 L/yr - ₹3 L/yr 10% less
SMFG India Credit Loan Officer Salary 1 - 3 years exp. (7 salaries)	₹1.8 L/yr - ₹2.5 L/yr 22% less
Arohan Financial Services Loan Officer Salary 1 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3.4 L/yr 2% less
Home Credit Finance Loan Officer Salary 1 - 4 years exp. (6 salaries)	₹1.3 L/yr - ₹3 L/yr 30% less
IIFL SAMASTA Loan Officer Salary 0 - 3 years exp. (5 salaries)	₹1.4 L/yr - ₹2.8 L/yr 28% less
Shriram Finance Loan Officer Salary 1 - 6 years exp. (5 salaries)	₹2.5 L/yr - ₹4 L/yr 1% more
Aditya Birla Finance Loan Officer Salary 1 - 10 years exp. (4 salaries)	₹3 L/yr - ₹4.5 L/yr 35% more

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Loan Officer salary at Muthoot Microfin ranges between ₹1.2 Lakh to ₹5.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Loan Officer salaries

Last Updated: 28 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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6 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹1.4 L/yr

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Salary related reviews for Muthoot Microfin

4.6

Rated by 2 employees for salary & benefits

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.

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Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Muthoot Microfin Loan Officer Salary FAQs

How the salary growth look like for a Loan Officer at Muthoot Microfin in India?

The salary growth for a Loan Officer at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Loan Officer can expect the following growth trajectory at Muthoot Microfin:

Experience	Average Salary Range
Fresher	₹4.8 Lakhs to ₹6.1 Lakhs per year
2 years	₹1.8 Lakhs to ₹2.3 Lakhs per year
6 years	₹1.1 Lakhs to ₹1.4 Lakhs per year

and so on.

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Muthoot Microfin Loan Officer Salaries

Muthoot Microfin Loan Officer salary in India ranges between ₹1.2 Lakh to ₹5.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.