Muthoot Microfin Officer Salaries by 20+ Employees (Updated 2025)

1 - 6 years exp.

₹1.6 Lakh - ₹3.1 Lakhs

Salary of majority employees

47% less than the average Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Officer Salary 1 - 4 years exp. (13 salaries)	₹1.7 L/yr - ₹3.1 L/yr
BFSI, Investments & Trading Officer Salary 1 - 3 years exp. (4 salaries)	₹1.8 L/yr - ₹2.9 L/yr
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Administration & Facilities Officer Salary 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.2 L/yr

Last Updated: 11 Jan 2025

Companies similar to Muthoot Microfin for Officer

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Officer Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹3 L/yr 23% less
Satin Creditcare Network Officer Salary 1 - 4 years exp. (3 salaries)	₹2.3 L/yr - ₹4.3 L/yr 18% more
Login to view exact salary
Equitas Small Finance Bank Officer Salary 1 - 6 years exp. (74 salaries)	₹1.3 L/yr - ₹4 L/yr 1% less
Jana Small Finance Bank Officer Salary 0 - 4 years exp. (138 salaries)	₹1 L/yr - ₹3.2 L/yr 17% less
Svatantra Microfin Officer Salary 0 - 2 years exp. (5 salaries)	₹1.4 L/yr - ₹2.2 L/yr 35% less
CreditAccess Grameen Officer Salary 4 - 12 years exp. (11 salaries)	₹3.1 L/yr - ₹5 L/yr 57% more
Utkarsh Small Finance Bank Officer Salary 3 - 15 years exp. (5 salaries)	₹1.7 L/yr - ₹5 L/yr 4% more
HDB Financial Services Officer Salary 2 - 8 years exp. (500 salaries)	₹1.2 L/yr - ₹4.7 L/yr 8% more
IIFL Finance Officer Salary 1 - 4 years exp. (63 salaries)	₹1.1 L/yr - ₹4 L/yr 3% more	1 job opening
Bajaj Finance Officer Salary 0 - 6 years exp. (45 salaries)	₹1.9 L/yr - ₹5 L/yr 14% more
SMFG India Credit Officer Salary 1 - 8 years exp. (42 salaries)	₹1 L/yr - ₹4.8 L/yr 12% more
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L&T Finance Officer Salary 1 - 13 years exp. (31 salaries)	₹1.2 L/yr - ₹3.6 L/yr 18% less	1 job opening
Manappuram Finance Officer Salary 1 - 9 years exp. (19 salaries)	₹1.8 L/yr - ₹3.9 L/yr 12% more
Shriram Finance Officer Salary 0 - 11 years exp. (16 salaries)	₹1.7 L/yr - ₹3.4 L/yr 2% more
Aye Finance Officer Salary 1 - 4 years exp. (9 salaries)	₹2.1 L/yr - ₹3.5 L/yr 12% more
Muthoot Fincorp Officer Salary 3 - 10 years exp. (6 salaries)	₹2.1 L/yr - ₹3.2 L/yr 3% less
IIFL SAMASTA Officer Salary 0 - 4 years exp. (5 salaries)	₹1.1 L/yr - ₹2.5 L/yr 36% less
Mahindra Finance Officer Salary 1 - 8 years exp. (5 salaries)	₹1.9 L/yr - ₹2.8 L/yr 5% less
TVS Credit Officer Salary 4 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹4.5 L/yr 51% more
Home Credit Finance Officer Salary 0 - 3 years exp. (4 salaries)	₹1.7 L/yr - ₹3 L/yr 3% less

View all

Officer salary at Muthoot Microfin ranges between ₹1.6 Lakh to ₹3.1 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 22 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Officer salaries

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
1 year (4 salaries)	₹1.6 L/yr - ₹3 L/yr
2 years (4 salaries)	₹1.7 L/yr - ₹3 L/yr
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3 years (8 salaries)	₹1.7 L/yr - ₹3 L/yr
4 years (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹1 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.6 L/yr

View all

Similar Designation salaries in Muthoot Microfin

QA Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Software Tester Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Senior Engineer Salary

(AmbitionBox Estimate)

₹18.9 L/yr - ₹24.2 L/yr

Deputy Manager Salary

(32 salaries)

₹3 L/yr - ₹7.88 L/yr

Junior Engineer Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 L/yr

Software Engineer Salary

(3 salaries)

₹2.9 L/yr - ₹17.5 L/yr

Salary related reviews for Muthoot Microfin

2.8

Rated by 7 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

see more salary related reviews

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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 Officer Salary FAQs

What is the salary of Officer at Muthoot Microfin?

Officer salary at Muthoot Microfin in India ranges between ₹1.6 Lakhs to ₹3.1 Lakhs for experience between 1 years to 6 years. According to our estimates it is 47% less than the average Officer Salary in India. Salary estimates are based on 22 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Officer at Muthoot Microfin is 47% less than the average salary of a Officer in India. To know exact salary insights, login to view.

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

Tata Motors Finance Officer Salary - ₹5.2 Lakhs to ₹7.1 Lakhs per year
CreditAccess Grameen Officer Salary - ₹3.1 Lakhs to ₹5.0 Lakhs per year
TVS Credit Officer Salary - ₹3.2 Lakhs to ₹4.5 Lakhs per year
Satin Creditcare Network Officer Salary - ₹2.3 Lakhs to ₹4.3 Lakhs per year
Bajaj Finance Officer Salary - ₹1.9 Lakhs to ₹5.0 Lakhs per year

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

Manappuram Finance Officer Salary - ₹1.8 Lakhs to ₹3.9 Lakhs per year
Aye Finance Officer Salary - ₹2.1 Lakhs to ₹3.5 Lakhs per year
SMFG India Credit Officer Salary - ₹1.0 Lakhs to ₹4.8 Lakhs per year
SK Finance Limited Officer Salary - ₹2.5 Lakhs to ₹3.2 Lakhs per year
HDB Financial Services Officer Salary - ₹1.2 Lakhs to ₹4.7 Lakhs per year

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

The estimated take-home salary of a Officer at Muthoot Microfin ranges between ₹18,128 per month to ₹19,819 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Officer salary in India which ranges between ₹1.6 Lakhs to ₹3.1 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Officer at Muthoot Microfin?

According to AmbitionBox, 63% of the Muthoot Microfin Officers reported a notice period of 3 Months, 25% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Officer Salaries

Muthoot Microfin Officer salary in India ranges between ₹1.6 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.