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

1 - 7 years exp.

₹2 Lakhs - ₹3.8 Lakhs

Salary of majority employees

44% less than the average Senior Officer Salary in NBFC Companies for 1 - 7 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
Procurement & Supply Chain Senior Officer Salary 5 - 7 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.3 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)	₹2.8 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Senior Officer Salary 5 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.8 L/yr

Last Updated: 1 Feb 2025

Companies similar to Muthoot Microfin for Senior Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Financial Services Senior Officer Salary 1 - 6 years exp. (5 salaries)	₹2.8 L/yr - ₹4 L/yr 15% more
Satin Creditcare Network Senior Officer Salary 1 - 6 years exp. (4 salaries)	₹2.1 L/yr - ₹5.5 L/yr 15% more
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Equitas Small Finance Bank Senior Officer Salary 1 - 7 years exp. (41 salaries)	₹1.8 L/yr - ₹4 L/yr 1% more
Jana Small Finance Bank Senior Officer Salary 0 - 7 years exp. (471 salaries)	₹1.4 L/yr - ₹3.6 L/yr 9% less
Annapurna Finance Senior Officer Salary 4 - 7 years exp. (6 salaries)	₹2.4 L/yr - ₹3.7 L/yr 5% more
CreditAccess Grameen Senior Officer Salary 0 - 9 years exp. (11 salaries)	₹4.1 L/yr - ₹9 L/yr 75% more
Utkarsh Small Finance Bank Senior Officer Salary 2 - 7 years exp. (7 salaries)	₹1.8 L/yr - ₹3.5 L/yr 2% more
IIFL Finance Senior Officer Salary 1 - 8 years exp. (418 salaries)	₹1.7 L/yr - ₹4.7 L/yr 13% more
HDB Financial Services Senior Officer Salary 1 - 12 years exp. (324 salaries)	₹1.2 L/yr - ₹7.8 L/yr 25% more
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
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Shriram Finance Senior Officer Salary 1 - 12 years exp. (22 salaries)	₹2 L/yr - ₹5.1 L/yr 25% more
Aye Finance Senior Officer Salary 2 - 6 years exp. (17 salaries)	₹2.6 L/yr - ₹4.1 L/yr 14% more
IIFL SAMASTA Senior Officer Salary 1 - 5 years exp. (6 salaries)	₹2.6 L/yr - ₹4.5 L/yr 4% more
L&T Finance Senior Officer Salary 4 - 7 years exp. (6 salaries)	₹2.2 L/yr - ₹3.8 L/yr 21% more
Mahindra Finance Senior Officer Salary 4 - 5 years exp. (5 salaries)	₹3.4 L/yr - ₹4.6 L/yr 20% more
Aditya Birla Finance Senior Officer Salary 1 - 5 years exp. (4 salaries)	₹2.5 L/yr - ₹3.3 L/yr 6% more
Manappuram Finance Senior Officer Salary 2 - 7 years exp. (4 salaries)	₹2.5 L/yr - ₹3.1 L/yr 1% more
SK Finance Limited Senior Officer Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹4.1 L/yr 25% more
Tata Motors Finance Senior Officer Salary 0 - 7 years exp. (4 salaries)	₹3 L/yr - ₹6 L/yr 50% more

View all

Senior Officer salary at Muthoot Microfin ranges between ₹2 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 23 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Officer salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹4.7 L/yr
2 years (4 salaries)	₹2 L/yr - ₹3 L/yr
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3 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹2.9 L/yr
4 years (7 salaries)	₹2.2 L/yr - ₹3.8 L/yr
5 years (7 salaries)	₹2 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.4 L/yr
7 years (AmbitionBox Estimate)	₹3 L/yr - ₹5.6 L/yr

View all

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

(32 salaries)

₹3 L/yr - ₹7.88 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

(7 salaries)

₹1.55 L/yr - ₹2.3 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

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 Senior Officer Salary FAQs

What is the salary of Senior Officer at Muthoot Microfin?

Senior Officer salary at Muthoot Microfin in India ranges between ₹2.0 Lakhs to ₹3.8 Lakhs for experience between 1 years to 7 years. According to our estimates it is 44% less than the average Senior Officer Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Senior Officer at Muthoot Microfin is 44% less than the average salary of a Senior Officer in India. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Officer at Muthoot Microfin?

Claims Processing, Claim Settlement, Insurance Claims, Database Management and MS Office are some of the popular skills required to work as a Senior Officer at Muthoot Microfin India.

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

CreditAccess Grameen Senior Officer Salary - ₹4.1 Lakhs to ₹9.0 Lakhs per year
Tata Motors Finance Senior Officer Salary - ₹3.0 Lakhs to ₹6.0 Lakhs per year
Muthoot Fincorp Senior Officer Salary - ₹4.0 Lakhs to ₹4.4 Lakhs per year
Bajaj Finance Senior Officer Salary - ₹2.8 Lakhs to ₹4.8 Lakhs per year
SK Finance Limited Senior Officer Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year

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

HDB Financial Services Senior Officer Salary - ₹1.2 Lakhs to ₹7.8 Lakhs per year
TVS Credit Senior Officer Salary - ₹2.5 Lakhs to ₹5.5 Lakhs per year
Shriram Finance Senior Officer Salary - ₹2.0 Lakhs to ₹5.1 Lakhs per year
L&T Finance Senior Officer Salary - ₹2.2 Lakhs to ₹3.8 Lakhs per year
Arohan Financial Services Senior Officer Salary - ₹1.9 Lakhs to ₹4.7 Lakhs per year

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 ranges between ₹20,439 per month to ₹22,096 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Senior Officer salary in India which ranges between ₹2.0 Lakhs to ₹3.8 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Senior Officer at Muthoot Microfin?

According to AmbitionBox, 50% of the Muthoot Microfin Senior Officers reported a notice period of 3 Months, 32% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 22 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Senior Officer Salaries

Muthoot Microfin Senior Officer salary in India ranges between ₹2 Lakhs to ₹3.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.