Muthoot Microfin Micro Finance Officer Salaries by 4 Employees (Updated 2025)

0 - 2 years exp.

₹2 Lakhs - ₹2.4 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Micro Finance Officer Salary in NBFC Companies for 0 - 2 years of experience

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Last Updated: 17 May 2024

Companies similar to Muthoot Microfin for Micro Finance Officer

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Micro Finance Officer Salary 1 - 4 years exp. (5 salaries)	₹1.7 L/yr - ₹2.3 L/yr 2% more
Spandana Sphoorty Financial Micro Finance Officer Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 57% more
Login to view exact salary
Jana Small Finance Bank Micro Finance Officer Salary 0 - 1 year exp. (3 salaries)	₹2 L/yr - ₹4 L/yr 62% more
Svatantra Microfin Micro Finance Officer Salary 0 - 2 years exp. (10 salaries)	₹1.4 L/yr - ₹3 L/yr 2% less
Annapurna Finance Micro Finance Officer Salary 0 - 6 years exp. (5 salaries)	₹2.3 L/yr - ₹3.5 L/yr 22% more
CreditAccess Grameen Micro Finance Officer Salary 0 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.9 L/yr 3% more
Utkarsh Small Finance Bank Micro Finance Officer Salary 0 - 3 years exp. (5 salaries)	₹1.9 L/yr - ₹3 L/yr 20% more
L&T Finance Micro Finance Officer Salary 0 - 7 years exp. (13 salaries)	₹1.6 L/yr - ₹2.5 L/yr 13% more
Arohan Financial Services Micro Finance Officer Salary 0 - 6 years exp. (6 salaries)	₹1 L/yr - ₹4 L/yr 16% more
SMFG India Credit Micro Finance Officer Salary 0 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹3 L/yr 2% less
HDB Financial Services Micro Finance Officer Salary 0 - 3 years exp. (4 salaries)	₹1.5 L/yr - ₹3 L/yr 2% less
Login to view exact salary
IIFL SAMASTA Micro Finance Officer Salary 4 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹3 L/yr 8% more

Micro Finance Officer salary at Muthoot Microfin ranges between ₹2 Lakhs to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Micro Finance Officer salaries

Last Updated: 17 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
1 year (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
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2 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.4 L/yr

Similar Designation salaries in Muthoot Microfin

Finance Manager Salary

(4 salaries)

₹2.5 L/yr - ₹3.3 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Finance Executive Salary

(7 salaries)

₹1.55 L/yr - ₹2.3 L/yr

Branch Manager Salary

(114 salaries)

₹2 L/yr - ₹4.5 L/yr

Collections Manager Salary

(5 salaries)

₹4.8 L/yr - ₹6.2 L/yr

Area Sales Manager Salary

(3 salaries)

₹4 L/yr - ₹6.5 L/yr

Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹2.88 L/yr

Branch Head Salary

(AmbitionBox Estimate)

₹3.4 L/yr - ₹4.4 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Salary related reviews for Muthoot Microfin

2.0

Rated by 1 employees for salary & benefits

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.

Branch Relationship Manager Operation in Bijnor

Full Time

Sales & Business Development Department

4.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

Salary - Good

+3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

Work satisfaction - Poor

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

Salary - Bad

+5 more

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

Job security - Good

+2 more

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.

Salary - Bad

+2 more

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

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Microfin Micro Finance Officer Salary FAQs

What is the salary of Micro Finance Officer at Muthoot Microfin?

Micro Finance Officer salary at Muthoot Microfin in India ranges between ₹2.0 Lakhs to ₹2.4 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 12% less than the average Micro Finance Officer 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 Micro Finance Officer at Muthoot Microfin India compare with the average salary range for this job?

The average salary of a Micro Finance Officer at Muthoot Microfin is 12% less than the average salary of a Micro Finance Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Microfin to a Micro Finance Officer in India?

Jana Small Finance Bank Micro Finance Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Spandana Sphoorty Financial Micro Finance Officer Salary - ₹2.0 Lakhs to ₹4.0 Lakhs per year
Annapurna Finance Micro Finance Officer Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
Utkarsh Small Finance Bank Micro Finance Officer Salary - ₹1.9 Lakhs to ₹3.0 Lakhs per year
Arohan Financial Services Micro Finance Officer Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year

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

L&T Finance Micro Finance Officer Salary - ₹1.6 Lakhs to ₹2.5 Lakhs per year
IIFL SAMASTA Micro Finance Officer Salary - ₹2.2 Lakhs to ₹3.0 Lakhs per year
CreditAccess Grameen Micro Finance Officer Salary - ₹2.0 Lakhs to ₹2.9 Lakhs per year
Bharat Financial Inclusion Micro Finance Officer Salary - ₹1.7 Lakhs to ₹2.3 Lakhs per year
SMFG India Credit Micro Finance Officer Salary - ₹1.8 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Micro Finance Officer at Muthoot Microfin in India?

The estimated take-home salary of a Micro Finance Officer at Muthoot Microfin ranges between ₹15,092 per month to ₹16,668 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Micro Finance Officer salary in India which ranges between ₹2.0 Lakhs to ₹2.4 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Micro Finance Officer at Muthoot Microfin?

According to AmbitionBox, 42% of the Muthoot Microfin Micro Finance Officers reported a notice period of 15 days or less, 37% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 24 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Micro Finance Officer Salaries

Muthoot Microfin Micro Finance Officer salary in India ranges between ₹2 Lakhs to ₹2.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Micro Finance Officer salaries in India

Companies similar to Muthoot Microfin for Micro Finance Officer

Latest annual salaries shared by Muthoot Microfin Micro Finance Officer

Experience wise Muthoot Microfin Micro Finance Officer salaries

Similar Designation salaries in Muthoot Microfin

Salary related reviews for Muthoot Microfin

Manager in Sangli

Branch Relationship Manager Operation in Bijnor

Senior Relationship Officer in Berhampur

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Relationship Officer (working remotely)

Muthoot Microfin Micro Finance Officer Salary FAQs

Tell us how to improve this page.