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Muthoot Microfin Senior Credit Officer salaries in India

Annual salary range
2 - 8 years exp.
₹1.9 Lakh - ₹2.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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48% less than the average Senior Credit Officer Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Credit Officer Salary
2 - 8 years exp. (3 salaries)
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₹1.9 L/yr - ₹2.1 L/yr

Customer Success, Service & Operations
Senior Credit Officer Salary
4 years exp. (AmbitionBox Estimate)
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₹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
Logo
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₹1.4 L/yr - ₹3 L/yr

arrow icon 6% more
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₹2.9 L/yr - ₹5.1 L/yr

arrow icon 61% more
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Shriram Finance Senior Credit Officer Salary

4 - 8 years exp. (8 salaries)

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₹2.1 L/yr - ₹4 L/yr

arrow icon 49% more
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IIFL Finance Senior Credit Officer Salary

2 - 5 years exp. (7 salaries)

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₹3.2 L/yr - ₹5 L/yr

arrow icon 111% more
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₹3 L/yr - ₹4.9 L/yr

arrow icon 91% more
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₹2.7 L/yr - ₹3.7 L/yr

arrow icon 55% more
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IIFL SAMASTA Senior Credit Officer Salary

4 - 7 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.3 L/yr

arrow icon 70% more
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₹2.5 L/yr - ₹3.6 L/yr

arrow icon 45% more
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₹3.2 L/yr - ₹4.2 L/yr

arrow icon 71% more
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₹2.5 L/yr - ₹3.3 L/yr

arrow icon 50% more
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Satin Finserv Senior Credit Officer Salary

1 - 6 years exp. (4 salaries)

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₹3 L/yr - ₹3.4 L/yr

arrow icon 50% more
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Muthoot Fincorp Senior Credit Officer Salary

2 - 7 years exp. (3 salaries)

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₹2.9 L/yr - ₹3.6 L/yr

arrow icon 47% more
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₹2.3 L/yr - ₹3 L/yr

arrow icon 28% more
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TVS Credit Senior Credit Officer Salary

4 - 6 years exp. (3 salaries)

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₹2.8 L/yr - ₹4 L/yr

arrow icon 48% more
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₹2 L/yr - ₹2.4 L/yr

arrow icon 5% more
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Bajaj Finance Senior Credit Officer Salary

4 - 6 years exp. (3 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 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.

Latest annual salaries shared by Muthoot Microfin Senior Credit Officer

1y ago
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4 years exp.
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5 years exp.
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4 years exp.
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8 years exp.
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2 years exp.

Experience wise Muthoot Microfin Senior Credit Officer salaries

Last Updated: 14 Mar 2023

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹2.1 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)

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₹2 L/yr - ₹3.9 L/yr
6 years (AmbitionBox Estimate)

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₹1.9 L/yr - ₹2.4 L/yr
View all

Similar Designation salaries in Muthoot Microfin

Credit Officer Salary
(69 salaries)
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₹1.4 L/yr - ₹2.7 L/yr
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₹4.2 L/yr - ₹7 L/yr
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₹5 L/yr - ₹10.13 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹2 L/yr - ₹5.5 L/yr
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₹1.75 L/yr - ₹3.5 L/yr
Sales Officer Salary
(4 salaries)
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₹2.4 L/yr - ₹3 L/yr
Credit Manager Salary
(9 salaries)
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₹2.2 L/yr - ₹2.88 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr
Officer Salary
(22 salaries)
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₹1.6 L/yr - ₹3.1 L/yr

Salary related reviews for Muthoot Microfin

4.6

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +2 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

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.

read more
  • 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

read more
  • Work satisfaction - Poor

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

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Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

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  • Salary - Bad
  • +5 more

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

read more
  • Promotions - Bad
see more salary related reviews

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Muthoot Microfin Senior Credit Officer Salary FAQs

What is the salary of Senior Credit Officer at Muthoot Microfin ?
The average salary of a Senior Credit Officer at Muthoot Microfin in India typically ranges from ₹1.9 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Senior Credit Officer at Muthoot Microfin earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Senior Credit 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 5 Muthoot Microfin employees in India.
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 in India typically ranges from ₹14,863 to ₹16,419 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 2 years to 8 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 5 salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Muthoot Microfin for Senior Credit Officer in India?
Bajaj Finance ₹5.5 Lakhs to ₹12.0 Lakhs per year
IIFL Finance ₹3.2 Lakhs to ₹5.0 Lakhs per year
CreditAccess Grameen ₹3.0 Lakhs to ₹4.9 Lakhs per year
SK Finance Limited ₹3.2 Lakhs to ₹4.2 Lakhs per year
IIFL SAMASTA ₹3.2 Lakhs to ₹4.3 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 Senior Credit Officer in companies similar to Muthoot Microfin in India?
The salary of a Senior Credit Officer at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Fusion Microfinance ₹2.9 Lakhs to ₹5.1 Lakhs per year
Mahindra Rural Housing Finance ₹2.7 Lakhs to ₹3.7 Lakhs per year
HDB Financial Services ₹2.5 Lakhs to ₹3.3 Lakhs per year
Satin Finserv ₹3.0 Lakhs to ₹3.4 Lakhs per year
Shriram Finance ₹2.1 Lakhs to ₹4.0 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 Senior Credit Officer at Muthoot Microfin in India?
The salary growth for a Senior Credit Officer at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Senior Credit Officer can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
2 years ₹2.1 Lakhs to ₹4.0 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.5 Lakhs per year
4 years ₹1.9 Lakhs to ₹2.8 Lakhs per year
5 years ₹2.0 Lakhs to ₹3.9 Lakhs per year
and so on.

Tell us how to improve this page.

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