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

1 - 6 years exp.

₹2 Lakhs - ₹4.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Senior Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Senior Officer Salary 2 - 6 years exp. (10 salaries)	₹2 L/yr - ₹3.4 L/yr
Engineering - Hardware & Networks Senior Officer Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.3 L/yr
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Risk Management & Compliance Senior Officer Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
BFSI, Investments & Trading Senior Officer Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Senior Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.8 L/yr

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Last Updated: 28 Feb 2025

Companies similar to Muthoot Microfin for Senior Officer

Company name	Avg Annual Salary	Open Jobs
IIFL Finance Senior Officer Salary 1 - 7 years exp. (419 salaries)	₹1.8 L/yr - ₹4.7 L/yr 15% more
HDB Financial Services Senior Officer Salary 1 - 12 years exp. (312 salaries)	₹1.5 L/yr - ₹6 L/yr 26% more
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SMFG India Credit Senior Officer Salary 2 - 8 years exp. (34 salaries)	₹1.2 L/yr - ₹3.8 L/yr 5% less
Home Credit Finance Senior Officer Salary 1 - 5 years exp. (24 salaries)	₹1.8 L/yr - ₹3.2 L/yr 21% less
Shriram Finance Senior Officer Salary 1 - 8 years exp. (21 salaries)	₹2 L/yr - ₹4.5 L/yr 13% more
Aye Finance Senior Officer Salary 2 - 6 years exp. (17 salaries)	₹2.6 L/yr - ₹4.1 L/yr 14% more
CreditAccess Grameen Senior Officer Salary 0 - 9 years exp. (11 salaries)	₹4.1 L/yr - ₹9 L/yr 75% more
IIFL SAMASTA Senior Officer Salary 1 - 5 years exp. (6 salaries)	₹2.6 L/yr - ₹4.5 L/yr 5% more
L&T Finance Senior Officer Salary 4 years exp. (5 salaries)	₹2.5 L/yr - ₹3.8 L/yr 7% less
Annapurna Finance Senior Officer Salary 4 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹3.7 L/yr 6% more
Mahindra Finance Senior Officer Salary 4 - 5 years exp. (5 salaries)	₹3.4 L/yr - ₹4.6 L/yr 21% more
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Aditya Birla Finance Senior Officer Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 6% more
Satin Creditcare Network Senior Officer Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5.5 L/yr 16% more
Manappuram Finance Senior Officer Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 1% more
Asirvad Microfinance Senior Officer Salary 2 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 4% less
SK Finance Limited Senior Officer Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 26% more
Tata Motors Finance Senior Officer Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 51% more
Muthoot Fincorp Senior Officer Salary 4 - 5 years exp. (3 salaries)	₹4 L/yr - ₹4.4 L/yr 49% more
Arohan Financial Services Senior Officer Salary 3 - 10 years exp. (3 salaries)	₹1.9 L/yr - ₹4.7 L/yr 21% more
TVS Credit Senior Officer Salary 0 - 4 years exp. (3 salaries)	₹2.5 L/yr - ₹5.5 L/yr 26% more

View all

Senior Officer salary at Muthoot Microfin ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 24 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Officer salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.6 L/yr
2 years (4 salaries)	₹2 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.5 L/yr
4 years (8 salaries)	₹2.2 L/yr - ₹3.9 L/yr
5 years (6 salaries)	₹2 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹4.3 L/yr

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Similar Designation salaries in Muthoot Microfin

Senior Analyst Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Accounts Officer Salary

(7 salaries)

₹3 L/yr - ₹3.74 L/yr

Senior Accounts Officer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Deputy Manager Salary

(35 salaries)

₹2.9 L/yr - ₹6 L/yr

Audit Assistant Salary

(AmbitionBox Estimate)

₹4.6 L/yr - ₹5.9 L/yr

Accountant Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Finance Executive Salary

(8 salaries)

₹1.55 L/yr - ₹3.2 L/yr

Financial Analyst Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.7 L/yr

Management Trainee Salary

(5 salaries)

₹4 L/yr - ₹6.5 L/yr

Top skills at Muthoot Microfin for Senior Officer

Claims Processing Claim Settlement Insurance Claims Database Management MS Office Finance MIS Preparation HR Campus Recruitment MIS Reporting Pivot Accounting Operations Auditing MIS Generation Accounting

Salary related reviews for Muthoot Microfin

3.4

Rated by 12 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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Top trending discussions

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

93 participants . expiring in 2d

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Muthoot Microfin Senior Officer Salary FAQs

What is the salary of Senior Officer at Muthoot Microfin ?

The average salary of a Senior Officer at Muthoot Microfin in India typically ranges from ₹2.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Senior Officer at Muthoot Microfin earn more than ₹3.8 Lakhs per year, and the top 1% earn over ₹4.3 Lakhs per year. Senior 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 Senior Officer at Muthoot Microfin in India?

The estimated take-home salary of a Senior Officer at Muthoot Microfin in India typically ranges from ₹20,331 to ₹21,990 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 1 year 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 Senior Officer at Muthoot Microfin ?

To be a Senior Officer at Muthoot Microfin in india, the key skills required include:

- Claims Processing
- Claim Settlement
- Insurance Claims
- Database Management
- MS Office

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 Senior Officer in India?

CreditAccess Grameen	₹4.1 Lakhs to ₹9.0 Lakhs per year
Tata Motors Finance	₹3.0 Lakhs to ₹6.0 Lakhs per year
Muthoot Fincorp	₹4.0 Lakhs to ₹4.4 Lakhs per year
Bajaj Finance	₹2.8 Lakhs to ₹4.8 Lakhs per year
SK Finance Limited	₹3.0 Lakhs to ₹4.1 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 Officer in companies similar to Muthoot Microfin in India?

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

HDB Financial Services	₹1.5 Lakhs to ₹6.0 Lakhs per year
TVS Credit	₹2.5 Lakhs to ₹5.5 Lakhs per year
Arohan Financial Services	₹1.9 Lakhs to ₹4.7 Lakhs per year
Mahindra Finance	₹3.4 Lakhs to ₹4.6 Lakhs per year
Satin Creditcare Network	₹2.1 Lakhs to ₹5.5 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 Officer at Muthoot Microfin in India?

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

Experience	Average Salary Range
1 year	₹2.2 Lakhs to ₹4.6 Lakhs per year
2 years	₹2.0 Lakhs to ₹3.0 Lakhs per year
3 years	₹1.1 Lakhs to ₹3.5 Lakhs per year
4 years	₹2.2 Lakhs to ₹3.9 Lakhs per year

and so on.

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Muthoot Microfin Senior Officer Salaries

Muthoot Microfin Senior Officer salary in India ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 24 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.