Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by Muthoot Microfin Team. If you also belong to the team, you can get access from here

Muthoot Microfin Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Muthoot Microfin Credit Officer salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹1.6 Lakh - ₹2.7 Lakhs
Avg. annual salary
unlock blur

Monthly In-hand Salary

unlock blur
Credit Officer Salary at Muthoot Microfin ranges between ₹1.6 Lakh to ₹2.7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 52 latest salaries... Read more

46% less than the average Credit Officer Salary in NBFC Companies for 0 - 6 years of experience

Interested in this particular role?

Last Updated: 27 Jun 2025

Companies similar to Muthoot Microfin for Credit Officer

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.2 L/yr - ₹4 L/yr

arrow icon 41% more
Logo
Muthoot Fincorp Credit Officer Salary

0 - 6 years exp. (170 salaries)

unlock blur

₹1.7 L/yr - ₹4 L/yr

arrow icon 41% more
171 job openings
Logo
Shriram Finance Credit Officer Salary

0 - 8 years exp. (168 salaries)

unlock blur

₹1.5 L/yr - ₹4.5 L/yr

arrow icon 39% more
Logo
Aye Finance Credit Officer Salary

0 - 8 years exp. (153 salaries)

unlock blur

₹2.1 L/yr - ₹4 L/yr

arrow icon 52% more
Logo
HDB Financial Services Credit Officer Salary

0 - 7 years exp. (128 salaries)

unlock blur

₹1.5 L/yr - ₹4.3 L/yr

arrow icon 26% more
Logo
SMFG India Credit Credit Officer Salary

0 - 6 years exp. (103 salaries)

unlock blur

₹1.6 L/yr - ₹4.5 L/yr

arrow icon 50% more
Logo
Aditya Birla Finance Credit Officer Salary

0 - 7 years exp. (71 salaries)

unlock blur

₹2.4 L/yr - ₹5 L/yr

arrow icon 80% more
Logo
SK Finance Limited Credit Officer Salary

1 - 7 years exp. (53 salaries)

unlock blur

₹1.6 L/yr - ₹4.5 L/yr

arrow icon 58% more
Logo
IIFL Finance Credit Officer Salary

1 - 7 years exp. (49 salaries)

unlock blur

₹2 L/yr - ₹4.2 L/yr

arrow icon 46% more
Logo
L&T Finance Credit Officer Salary

0 - 6 years exp. (50 salaries)

unlock blur

₹2 L/yr - ₹4.1 L/yr

arrow icon 67% more
View all
Muthoot Microfin Credit Officer Salary and Career Growth

From

To

Credit Officer

unlock blur

0 - 6 years exp.

Area Credit Manager

unlock blur

3 - 8 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Muthoot Microfin Credit Officer salaries by

Years of experience Avg. annual salary
Fresher  (5 salaries)

unlock blur

₹1.8 L/yr - ₹2.2 L/yr
1 year  (10 salaries)

unlock blur

₹1.8 L/yr - ₹2.4 L/yr
2 years  (10 salaries)

unlock blur

₹1.6 L/yr - ₹2.5 L/yr
3 years  (12 salaries)

unlock blur

₹1.7 L/yr - ₹2.7 L/yr
4 years  (7 salaries)

unlock blur

₹1.6 L/yr - ₹2.5 L/yr
View all salaries by experience

Similar Designation Salaries at Muthoot Microfin

Similar Designation Avg. annual salary
unlock-blur

₹2.2 L/yr - ₹3.1 L/yr

unlock-blur

₹1.9 L/yr - ₹3 L/yr

Officer Salary
(25 salaries)
unlock-blur

₹1.6 L/yr - ₹3.4 L/yr

unlock-blur

₹1.6 L/yr - ₹2.2 L/yr

unlock-blur

₹2.2 L/yr - ₹5.5 L/yr

unlock-blur

₹2.1 L/yr - ₹4.7 L/yr

unlock-blur

₹3 L/yr - ₹7.9 L/yr

unlock-blur

₹8.4 L/yr - ₹19 L/yr

unlock-blur

₹5 L/yr - ₹10.1 L/yr

unlock-blur

₹2 L/yr - ₹3.4 L/yr

View more similar designations

Top trending discussions

View All
Salary Discussions, Hike & Promotions
2w
a senior executive
GF salary Vs. My salary
Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
Got a question about Muthoot Microfin?
Ask anonymously on communities.

Prepare for Your Interview with Real Experiences!

View interviews
Office worker

Salary related reviews for Muthoot Microfin

2.9

Rated by 31 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated 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
  •  updated 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
  •  updated 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
  •  updated 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

read more

Dislikes

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

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated 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

Muthoot Microfin Credit Officer Salary FAQs

What is the salary of Credit Officer at Muthoot Microfin ?
The average salary of a Credit Officer at Muthoot Microfin in India typically ranges from ₹1.6 Lakhs to ₹2.7 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Credit Officer at Muthoot Microfin earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹2.7 Lakhs per year. 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 50+ Muthoot Microfin employees in India.
What is the estimated take home salary of a Credit Officer at Muthoot Microfin in India?
The estimated take-home salary of a Credit Officer at Muthoot Microfin in India typically ranges from ₹13,907 to ₹15,380 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹2.7 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 50+ 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 Credit Officer in India?
Bajaj Finance ₹2.0 Lakhs to ₹5.5 Lakhs per year
Aditya Birla Finance ₹2.4 Lakhs to ₹5.0 Lakhs per year
Manappuram Finance ₹2.2 Lakhs to ₹4.6 Lakhs per year
L&T Finance ₹2.0 Lakhs to ₹4.1 Lakhs per year
Fusion Microfinance ₹2.0 Lakhs to ₹5.0 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 Credit Officer in companies similar to Muthoot Microfin in India?
The salary of a 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:

Arohan Financial Services ₹2.7 Lakhs to ₹4.1 Lakhs per year
SK Finance Limited ₹1.6 Lakhs to ₹4.5 Lakhs per year
Bharat Financial Inclusion ₹2.8 Lakhs to ₹3.5 Lakhs per year
Svatantra Microfin ₹2.5 Lakhs to ₹4.0 Lakhs per year
IIFL SAMASTA ₹2.2 Lakhs to ₹3.7 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 Credit Officer at Muthoot Microfin in India?
The salary growth for a Credit Officer at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Credit Officer can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
Fresher ₹1.8 Lakhs to ₹2.2 Lakhs per year
1 year ₹1.8 Lakhs to ₹2.4 Lakhs per year
2 years ₹1.6 Lakhs to ₹2.5 Lakhs per year
3 years ₹1.7 Lakhs to ₹2.7 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Microfin Credit Officer salary in India ranges between ₹1.6 Lakh to ₹2.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 52 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.