Murugappa Group Credit Manager Salaries by 4 Employees (Updated 2025)

4 - 12 years exp.

₹5 Lakhs - ₹7.2 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Credit Manager Salary in Agro Chemicals Companies for 4 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.9 L/yr
Finance & Accounting Credit Manager Salary 12 years exp. (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.2 L/yr
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Administration & Facilities Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹7.9 L/yr
Risk Management & Compliance Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 3 Feb 2025

Companies similar to Murugappa Group for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Tata Group Credit Manager Salary 4 - 17 years exp. (5 salaries)	₹7.8 L/yr - ₹14.1 L/yr 69% more
Aditya Birla Group Credit Manager Salary 1 - 12 years exp. (38 salaries)	₹4.9 L/yr - ₹13.3 L/yr 28% more
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Mahindra & Mahindra Credit Manager Salary 3 - 12 years exp. (13 salaries)	₹4.8 L/yr - ₹15.1 L/yr 37% more
Godrej Industries Group Credit Manager Salary 2 - 4 years exp. (5 salaries)	₹6.3 L/yr - ₹19.5 L/yr 141% more
IFFCO Credit Manager Salary 6 - 12 years exp. (5 salaries)	₹2.8 L/yr - ₹4.4 L/yr 45% less
UPL Credit Manager Salary 13 - 17 years exp. (4 salaries)	₹14.5 L/yr - ₹18.5 L/yr 175% more
FMC Corporation Credit Manager Salary 14 - 18 years exp. (4 salaries)	₹26.6 L/yr - ₹33.4 L/yr 353% more
Crystal Crop Protection Credit Manager Salary 10 - 12 years exp. (3 salaries)	₹8.3 L/yr - ₹14 L/yr 78% more

Credit Manager salary at Murugappa Group ranges between ₹5 Lakhs to ₹7.2 Lakhs per year for employees with experience between 4 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Murugappa Group.

Experience wise Murugappa Group Credit Manager salaries

Last Updated: 3 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
12 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Murugappa Group

Credit Officer Salary

(3 salaries)

₹1.4 L/yr - ₹1.8 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Branch Manager Salary

(6 salaries)

₹4 L/yr - ₹6 L/yr

Deputy Manager Salary

(20 salaries)

₹6 L/yr - ₹14.35 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.4 L/yr

Credit Analyst Salary

(3 salaries)

₹2 L/yr - ₹4.3 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹6.6 L/yr - ₹8.4 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹4.5 L/yr - ₹5.8 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Sales Officer Salary

(3 salaries)

₹4 L/yr - ₹4.57 L/yr

Top skills at Murugappa Group for Credit Manager

Operations Management Credit Operations Process Management

Salary related reviews for Murugappa Group

4.0

Rated by 1 employees for salary & benefits

HR Executive Recruiter in Coimbatore

Full Time

Human Resources Department

1.0

• posted on 11 Jun 2023

1.0

for Salary and Benefits

Likes

On time salary

Dislikes

Salary - Bad

+6 more

Waste Water Treatment Engineering

Finance & Accounting Department

5.0

• posted on 09 Jul 2019

4.0

for Salary and Benefits

Likes

Politics 40 to 50 %, Experience employees& long period working employees salary low, without knowledge employees new joint salary heights .top management didn't interact middle level and low level

Salary - Good

+4 more

Dislikes

Low salary . out of station

Work-life balance - Poor

Logistics Manager in Chennai

Full Time

Procurement & Supply Chain Department

5.0

• posted on 22 Dec 2024

5.0

for Salary and Benefits

Likes

1. Testing and implementation of new ideas realms of technology and process. 2. The company encourages innovation and continues improvement, which allows for creative problem solving and growth. 2. The opportunity for job rotation significantly enhance our comprehensive understanding of business, providing a well rounded experience and frosting personal and professional development.

Salary - Excellent

+6 more

Dislikes

Branding people without facts either in good or bad terms.

Senior General Manager in Chennai

Full Time

Research & Development Department

2.0

• posted on 27 Sep 2024

1.0

for Salary and Benefits

Likes

Chairman's vision and passion

Dislikes

Severe technical competency issues. And disparity/favouritism in designations and salaries, HR policies are of 1990's trends, nothing is fact based. Nothing is industry standard. Only band 1 get the benefits below that are treated like labour No work life balance, employees are looked as criminals if they leave at EOD, avg working hrs is 10 to 12 hrs leave only at 8:30pm from 9:30am nothing like weekends.

Salary - Bad

+5 more

Team Manager in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Jun 2024

1.0

for Salary and Benefits

Likes

Worst company in the world. To keep your job you have to become the pet of their HR Meghna Bhatt

Dislikes

Join this company if you know buttering. Heavy politics. HR Meghna and Admin Iswaran are worst people in this world. Especially don't join their new business units.

Salary - Bad

+6 more

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Murugappa Group Credit Manager Salary FAQs

What is the salary of Credit Manager at Murugappa Group ?

The average salary of a Credit Manager at Murugappa Group in India typically ranges from ₹5.0 Lakhs to ₹7.2 Lakhs per year, depending on experience (from 4 years to 12 years).

The top 10% of Credit Manager at Murugappa Group earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Credit Manager Salaries at Murugappa Group 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 4 Murugappa Group employees in India.

What is the estimated take home salary of a Credit Manager at Murugappa Group in India?

The estimated take-home salary of a Credit Manager at Murugappa Group in India typically ranges from ₹47,505 to ₹48,629 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹7.2 Lakhs per year for employees with experience ranging from 4 years to 12 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 4 salaries received from various employees of Murugappa Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at Murugappa Group ?

To be a Credit Manager at Murugappa Group in india, the key skills required include:

- Operations Management
- Credit Operations
- Process Management

These skills are highly valued at Murugappa Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Murugappa Group for Credit Manager in India?

FMC Corporation	₹26.6 Lakhs to ₹33.4 Lakhs per year
UPL	₹14.5 Lakhs to ₹18.5 Lakhs per year
Godrej Industries Group	₹6.3 Lakhs to ₹19.5 Lakhs per year
Crystal Crop Protection	₹8.3 Lakhs to ₹14.0 Lakhs per year
Tata Group	₹7.8 Lakhs to ₹14.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Murugappa Group, depending on the role and experience level.

What is the salary of a Credit Manager in companies similar to Murugappa Group in India?

The salary of a Credit Manager at companies similar to Murugappa Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Mahindra & Mahindra	₹4.8 Lakhs to ₹15.1 Lakhs per year
Aditya Birla Group	₹4.9 Lakhs to ₹13.3 Lakhs per year
IFFCO	₹2.8 Lakhs to ₹4.4 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 Manager at Murugappa Group in India?

The salary growth for a Credit Manager at Murugappa Group depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Murugappa Group:

Experience	Average Salary Range
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹6.5 Lakhs to ₹8.3 Lakhs per year
6 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
12 years	₹5.9 Lakhs to ₹7.5 Lakhs per year

and so on.

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Murugappa Group Credit Manager Salaries

Murugappa Group Credit Manager salary in India ranges between ₹5 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Murugappa Group latest salaries received from various employees of Murugappa Group.