Muthoot Microfin Chennai Relationship Officer Salaries by 20+ Employees

0 - 6 years exp.

₹1.8 Lakh - ₹3.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average Relationship Officer Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Relationship Officer Salary 0 - 3 years exp. (9 salaries)	₹2 L/yr - ₹2.6 L/yr
Sales & Business Development Relationship Officer Salary 0 - 6 years exp. (5 salaries)	₹1.8 L/yr - ₹3 L/yr
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Customer Success, Service & Operations Relationship Officer Salary 0 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹3.1 L/yr
Marketing & Communication Relationship Officer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.7 L/yr
Production, Manufacturing & Engineering Relationship Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.7 L/yr

Last Updated: 24 Nov 2024

Companies similar to Muthoot Microfin for Relationship Officer in Chennai

Muthoot Microfin Relationship Officer Salary

0 - 6 years exp. (29 salaries)

₹1.8 L/yr - ₹3.1 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Relationship Officer Salary 0 - 6 years exp. (94 salaries)	₹1.2 L/yr - ₹4 L/yr 9% less
TVS Credit Relationship Officer Salary 1 - 6 years exp. (7 salaries)	₹2.1 L/yr - ₹3.2 L/yr 23% more
Login to view exact salary
Shriram Finance Relationship Officer Salary 0 - 3 years exp. (6 salaries)	₹2 L/yr - ₹2.6 L/yr 5% less
SMFG India Credit Relationship Officer Salary 2 - 4 years exp. (5 salaries)	₹2.4 L/yr - ₹4.5 L/yr 34% more	7 job openings
Muthoot Finance Relationship Officer Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹4 L/yr 23% more
Muthoot Fincorp Relationship Officer Salary 1 - 2 years exp. (3 salaries)	₹2.3 L/yr - ₹2.8 L/yr 10% less
Aditya Birla Finance Relationship Officer Salary 5 - 7 years exp. (3 salaries)	₹3.2 L/yr - ₹3.5 L/yr 32% more
Fusion Microfinance Relationship Officer Salary 0 - 2 years exp. (3 salaries)	₹1.5 L/yr - ₹1.9 L/yr 27% less
Manappuram Finance Relationship Officer Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.5 L/yr 8% more
Bajaj Finance Relationship Officer Salary 1 - 6 years exp. (3 salaries)	₹2.3 L/yr - ₹3.5 L/yr 9% more	2 job openings

Relationship Officer salary at Muthoot Microfin ranges between ₹1.8 Lakh to ₹3.1 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 29 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Relationship Officer in Chennai

4mo ago

₹2 Lakhs

1 year exp.

4mo ago

₹2 Lakhs

1 year exp.

7mo ago

₹3 Lakhs

5 months exp.

9mo ago

₹2.6 Lakhs

3 years exp.

10mo ago

₹2.6 Lakhs

6 years exp.

10mo ago

4 years exp.

10mo ago

3 years exp.

1y ago

2 years exp.

1y ago

4 years exp.

1y ago

4 years exp.

Experience wise Muthoot Microfin Relationship Officer salaries in Chennai

Last Updated: 24 Nov 2024

Experience	Avg Annual Salary
Fresher (4 salaries)	₹1.8 L/yr - ₹3 L/yr
1 year (8 salaries)	₹1.8 L/yr - ₹4.5 L/yr
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2 years (8 salaries)	₹1.8 L/yr - ₹3 L/yr
3 years (3 salaries)	₹2 L/yr - ₹2.6 L/yr
4 years (4 salaries)	₹2.2 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Branch Manager Salary

(10 salaries)

₹2.45 L/yr - ₹4.5 L/yr

Collection Officer Salary

(3 salaries)

₹2.35 L/yr - ₹2.64 L/yr

Top skills at Muthoot Microfin for Relationship Officer

Microfinance Field Work Sales Collections NBFC Collection Management Field Sales Business Development Banking Sales financial sales Financial Inclusion Group Sales Field Finance Disbursement

Salary related reviews for Muthoot Microfin

4.6

Rated by 3 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.

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Microfin Relationship Officer Salary FAQs

What is the salary of Relationship Officer at Muthoot Microfin in Chennai?

The average salary of a Relationship Officer at Muthoot Microfin in Chennai typically ranges from ₹1.8 Lakhs to ₹3.1 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Relationship Officer in Chennai at Muthoot Microfin earn more than ₹3.0 Lakhs per year, and the top 1% earn over ₹3.1 Lakhs per year. Relationship Officer Salaries at Muthoot Microfin can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 20+ Muthoot Microfin employees in India.

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

The estimated take-home salary of a Relationship Officer at Muthoot Microfin in Chennai typically ranges from ₹18,284 to ₹19,973 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹3.1 Lakhs per year for employees with experience ranging from Fresher to 6 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Relationship Officer at Muthoot Microfin in Chennai?

To be a Relationship Officer at Muthoot Microfin in Chennai, the key skills required include:

- Microfinance
- Field Work
- Sales
- Collections
- NBFC

These skills are highly valued at Muthoot Microfin and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Microfin for Relationship Officer in India?

SMFG India Credit	₹2.4 Lakhs to ₹4.5 Lakhs per year
Aditya Birla Finance	₹3.2 Lakhs to ₹3.5 Lakhs per year
Muthoot Finance	₹2.0 Lakhs to ₹4.0 Lakhs per year
TVS Credit	₹2.1 Lakhs to ₹3.2 Lakhs per year
Bajaj Finance	₹2.3 Lakhs to ₹3.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Microfin, depending on the role and experience level.

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

The salary of a Relationship Officer at companies similar to Muthoot Microfin in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Manappuram Finance	₹2.0 Lakhs to ₹3.5 Lakhs per year
Shriram Finance	₹2.0 Lakhs to ₹2.6 Lakhs per year
HDB Financial Services	₹1.2 Lakhs to ₹4.0 Lakhs per year
Muthoot Fincorp	₹2.3 Lakhs to ₹2.8 Lakhs per year
Fusion Microfinance	₹1.5 Lakhs to ₹1.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Relationship Officer at Muthoot Microfin in Chennai?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹3.0 Lakhs per year
1 year	₹1.8 Lakhs to ₹4.5 Lakhs per year
2 years	₹1.8 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹2.6 Lakhs per year

and so on.

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Muthoot Microfin Relationship Officer Salaries in Chennai

Muthoot Microfin Relationship Officer salary in Chennai ranges between ₹1.8 Lakh to ₹3.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 29 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.