Muthoot Microfin Loan Officer Salaries by 3 Employees (Updated 2025)

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. (196 salaries)	₹1.2 L/yr - ₹4.5 L/yr 8% 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 1 - 6 years exp. (38 salaries)	₹1.4 L/yr - ₹5 L/yr 2% more
Jana Small Finance Bank Loan Officer Salary 0 - 6 years exp. (13 salaries)	₹1.5 L/yr - ₹3.1 L/yr 20% 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. (67 salaries)	₹2 L/yr - ₹3.7 L/yr 8% less
HDB Financial Services Loan Officer Salary 0 - 4 years exp. (49 salaries)	₹1.2 L/yr - ₹4 L/yr 18% less	1 job opening
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 1 - 3 years exp. (19 salaries)	₹1.5 L/yr - ₹2.8 L/yr 19% 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 - 5 years exp. (9 salaries)	₹1.4 L/yr - ₹3 L/yr 6% 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

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Muthoot Microfin Loan Officer Salary FAQs

What is the notice period for Loan Officer at Muthoot Microfin?

According to AmbitionBox, 100% of the Muthoot Microfin Loan Officers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Microfin Loan Officer Salaries by Location

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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.