Muthoot Microfin Senior Credit Officer Salaries by 5 Employees (Updated 2025)

2 - 8 years exp.

₹1.9 Lakh - ₹2.8 Lakhs

Low Confidence

Salary of majority employees

47% less than the average Senior Credit Officer Salary in NBFC Companies for 2 - 8 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Senior Credit Officer Salary 2 - 8 years exp. (3 salaries)	₹1.9 L/yr - ₹2.1 L/yr
Login to view exact salary
Customer Success, Service & Operations Senior Credit Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

Last Updated: 14 Mar 2023

Companies similar to Muthoot Microfin for Senior Credit Officer

Company name	Avg Annual Salary	Open Jobs
Satin Creditcare Network Senior Credit Officer Salary 3 - 8 years exp. (3 salaries)	₹2.3 L/yr - ₹3 L/yr 28% more
Equitas Small Finance Bank Senior Credit Officer Salary 0 - 10 years exp. (26 salaries)	₹1.7 L/yr - ₹4.3 L/yr 37% more
Login to view exact salary
Jana Small Finance Bank Senior Credit Officer Salary 2 - 7 years exp. (5 salaries)	₹2 L/yr - ₹4.3 L/yr 28% more
Annapurna Finance Senior Credit Officer Salary 1 - 5 years exp. (3 salaries)	₹2 L/yr - ₹2.4 L/yr 5% more
CreditAccess Grameen Senior Credit Officer Salary 5 - 11 years exp. (6 salaries)	₹3 L/yr - ₹4.9 L/yr 94% more
Utkarsh Small Finance Bank Senior Credit Officer Salary 1 - 4 years exp. (5 salaries)	₹1.9 L/yr - ₹2.9 L/yr 30% more
SMFG India Credit Senior Credit Officer Salary 0 - 8 years exp. (11 salaries)	₹1.4 L/yr - ₹3 L/yr 6% more
Fusion Microfinance Senior Credit Officer Salary 3 - 8 years exp. (8 salaries)	₹2.9 L/yr - ₹5.1 L/yr 61% more
Shriram Finance Senior Credit Officer Salary 4 - 8 years exp. (8 salaries)	₹2.1 L/yr - ₹4 L/yr 49% more
IIFL Finance Senior Credit Officer Salary 2 - 5 years exp. (7 salaries)	₹3.2 L/yr - ₹5 L/yr 111% more
Mahindra Rural Housing Finance Senior Credit Officer Salary 0 - 2 years exp. (5 salaries)	₹2.7 L/yr - ₹3.7 L/yr 55% more
Login to view exact salary
IIFL SAMASTA Senior Credit Officer Salary 3 - 7 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 72% more
Aditya Birla Finance Senior Credit Officer Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.6 L/yr 45% more
SK Finance Limited Senior Credit Officer Salary 1 - 8 years exp. (4 salaries)	₹3.2 L/yr - ₹4.3 L/yr 79% more
HDB Financial Services Senior Credit Officer Salary 4 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 50% more
Muthoot Fincorp Senior Credit Officer Salary 2 - 7 years exp. (3 salaries)	₹2.9 L/yr - ₹3.6 L/yr 47% more
TVS Credit Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹2.8 L/yr - ₹4 L/yr 48% more
Bajaj Finance Senior Credit Officer Salary 4 - 6 years exp. (3 salaries)	₹5.5 L/yr - ₹12 L/yr 256% more

Senior Credit Officer salary at Muthoot Microfin ranges between ₹1.9 Lakh to ₹2.8 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Credit Officer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Credit Officer Salary

(69 salaries)

₹1.4 L/yr - ₹2.7 L/yr

Regional Credit Manager Salary

(4 salaries)

₹4.2 L/yr - ₹7 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹5 L/yr - ₹10.13 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Area Credit Manager Salary

(28 salaries)

₹2 L/yr - ₹5.5 L/yr

Branch Credit Manager Salary

(155 salaries)

₹1.75 L/yr - ₹3.5 L/yr

Sales Officer Salary

(4 salaries)

₹2.4 L/yr - ₹3 L/yr

Credit Manager Salary

(10 salaries)

₹2 L/yr - ₹2.88 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Officer Salary

(22 salaries)

₹1.6 L/yr - ₹3.1 L/yr

Salary related reviews for Muthoot Microfin

4.6

Rated by 4 employees for salary & benefits

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

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

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about Muthoot Microfin?

Ask anonymously on communities.

Muthoot Microfin Senior Credit Officer Salary FAQs

What is the salary of Senior Credit Officer at Muthoot Microfin?

Senior Credit Officer salary at Muthoot Microfin in India ranges between ₹1.9 Lakhs to ₹2.8 Lakhs for experience between 2 years to 8 years. According to our estimates it is 47% less than the average Senior Credit Officer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Microfin India.

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

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

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

Bajaj Finance Senior Credit Officer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year
IIFL Finance Senior Credit Officer Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
CreditAccess Grameen Senior Credit Officer Salary - ₹3.0 Lakhs to ₹4.9 Lakhs per year
SK Finance Limited Senior Credit Officer Salary - ₹3.2 Lakhs to ₹4.3 Lakhs per year
IIFL SAMASTA Senior Credit Officer Salary - ₹3.2 Lakhs to ₹4.3 Lakhs per year

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

Fusion Microfinance Senior Credit Officer Salary - ₹2.9 Lakhs to ₹5.1 Lakhs per year
Mahindra Rural Housing Finance Senior Credit Officer Salary - ₹2.7 Lakhs to ₹3.7 Lakhs per year
HDB Financial Services Senior Credit Officer Salary - ₹2.5 Lakhs to ₹3.3 Lakhs per year
Shriram Finance Senior Credit Officer Salary - ₹2.1 Lakhs to ₹4.0 Lakhs per year
TVS Credit Senior Credit Officer Salary - ₹2.8 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Senior Credit Officer at Muthoot Microfin ranges between ₹14,863 per month to ₹16,419 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Senior Credit Officer salary in India which ranges between ₹1.9 Lakhs to ₹2.8 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

Tell us how to improve this page.

Muthoot Microfin Senior Credit Officer Salaries by Location

Home >
Salaries >
Muthoot Microfin Salaries >
Muthoot Microfin Senior Credit Officer Salaries

Muthoot Microfin Senior Credit Officer salary in India ranges between ₹1.9 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Senior Credit Officer salaries in India

Companies similar to Muthoot Microfin for Senior Credit Officer

Latest annual salaries shared by Muthoot Microfin Senior Credit Officer

Experience wise Muthoot Microfin Senior Credit Officer salaries

Similar Designation salaries in Muthoot Microfin

Salary related reviews for Muthoot Microfin

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Manager in Sangli

Branch Relationship Manager Operation in Bijnor

Senior Relationship Officer in Berhampur

Relationship Officer (working remotely)

Muthoot Microfin Senior Credit Officer Salary FAQs

Tell us how to improve this page.

Muthoot Microfin Senior Credit Officer Salaries by Location