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Muthoot Finance Area Credit Manager salaries in India (Updated 2025)

Annual salary range
5 - 10 years exp.
₹3.3 Lakhs - ₹10.1 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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42% less than the average Area Credit Manager Salary in NBFC Companies for 5 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Area Credit Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹8.2 L/yr - ₹10.1 L/yr

Finance & Accounting
Area Credit Manager Salary
5 - 8 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹9.6 L/yr

Last Updated: 5 Jan 2025

Companies similar to Muthoot Finance for Area Credit Manager

Company name Avg Annual Salary Open Jobs
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Shriram Finance Area Credit Manager Salary

5 - 13 years exp. (21 salaries)

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₹9.5 L/yr - ₹21 L/yr

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Bajaj Finance Area Credit Manager Salary

3 - 12 years exp. (86 salaries)

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₹4.4 L/yr - ₹16.7 L/yr

arrow icon 38% more
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HDFC Bank Area Credit Manager Salary

5 - 18 years exp. (228 salaries)

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₹8.5 L/yr - ₹30 L/yr

arrow icon 165% more
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₹8.5 L/yr - ₹20 L/yr

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ICICI Bank Area Credit Manager Salary

2 - 14 years exp. (426 salaries)

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₹5.4 L/yr - ₹21.7 L/yr

arrow icon 84% more
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Axis Bank Area Credit Manager Salary

6 - 14 years exp. (296 salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 115% more
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Kotak Mahindra Bank Area Credit Manager Salary

5 - 14 years exp. (88 salaries)

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₹6.5 L/yr - ₹24.5 L/yr

arrow icon 119% more
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Tata Capital Area Credit Manager Salary

1 - 14 years exp. (142 salaries)

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₹8 L/yr - ₹27.4 L/yr

arrow icon 145% more
6 job openings
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Aditya Birla Finance Area Credit Manager Salary

6 - 15 years exp. (113 salaries)

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₹8.1 L/yr - ₹21.5 L/yr

arrow icon 114% more
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₹6.1 L/yr - ₹17.5 L/yr

arrow icon 60% more
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Poonawalla Fincorp Area Credit Manager Salary

2 - 13 years exp. (225 salaries)

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₹5.2 L/yr - ₹20 L/yr

arrow icon 73% more
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L&T Finance Area Credit Manager Salary

4 - 13 years exp. (130 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 94% more
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Aavas Financiers Area Credit Manager Salary

4 - 16 years exp. (84 salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 39% more
1 job opening
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PNB Housing Finance Area Credit Manager Salary

5 - 10 years exp. (51 salaries)

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₹9 L/yr - ₹22 L/yr

arrow icon 125% more
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₹5.9 L/yr - ₹14.1 L/yr

arrow icon 46% more
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SMFG India Credit Area Credit Manager Salary

5 - 14 years exp. (41 salaries)

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₹6 L/yr - ₹23.7 L/yr

arrow icon 107% more
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₹5.6 L/yr - ₹14.8 L/yr

arrow icon 33% more
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IIFL Finance Area Credit Manager Salary

3 - 11 years exp. (32 salaries)

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₹5.2 L/yr - ₹19.2 L/yr

arrow icon 55% more
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Capri Global Capital Area Credit Manager Salary

5 - 15 years exp. (28 salaries)

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₹7.5 L/yr - ₹12 L/yr

arrow icon 39% more
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SK Finance Limited Area Credit Manager Salary

6 - 13 years exp. (25 salaries)

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₹4.8 L/yr - ₹9 L/yr

arrow icon 7% more
View all
Area Credit Manager salary at Muthoot Finance ranges between ₹3.3 Lakhs to ₹10.1 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Area Credit Manager

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10 years exp.
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8 years exp.
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5 years exp.
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9 years exp.

Experience wise Muthoot Finance Area Credit Manager salaries

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.2 L/yr
8 years (AmbitionBox Estimate)

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₹3 L/yr - ₹9.6 L/yr
9 years (AmbitionBox Estimate)

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₹8.2 L/yr - ₹15.9 L/yr
View all

Similar Designation salaries in Muthoot Finance

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₹13 L/yr - ₹27 L/yr
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₹3 L/yr - ₹5.6 L/yr
Credit Manager Salary
(73 salaries)
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₹3 L/yr - ₹7.2 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹16.4 L/yr - ₹20.9 L/yr
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₹5.1 L/yr - ₹5.6 L/yr
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₹19.52 L/yr - ₹22.5 L/yr
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₹4.15 L/yr - ₹5 L/yr
Branch Manager Salary
(596 salaries)
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₹1.8 L/yr - ₹7.5 L/yr
Sales Manager Salary
(43 salaries)
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₹2.5 L/yr - ₹6.5 L/yr
Credit Officer Salary
(8 salaries)
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₹1.65 L/yr - ₹2.35 L/yr

Top skills at Muthoot Finance for Area Credit Manager

Management Quality Audit MIS Reporting Credit Underwriting Loans

Salary related reviews for Muthoot Finance

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 21 Jan 2025

3.0
 for  Salary and Benefits

Likes

There no need to wear formals like banks .

Dislikes

Work culture is bad , we will not get the salary which is mentioned in the offer letter , there is no work balance even we have to work in Sunday's also . Heavy work pressure. There is no job security

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 01 Dec 2024

3.0
 for  Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

read more
  • Skill development - Good
  • +4 more

Dislikes

Increment of salary and Incentives payout is only for seniors and RO employees, branch level employee only get the nominal amount

read more
  • Promotions - Poor

Full Time

 · 

Customer Success, Service & Operations Department

2.0
  •  posted on 28 Oct 2024

4.0
 for  Salary and Benefits

Likes

1.Market approach 2.On time salary and incentives 3.Accessible and easy to search services 4. Old and most known name in gold loan in market 5.brand goodwill

read more
  • Salary - Good
  • +2 more

Dislikes

1. Security issues (unnecessary burden on employee) 2. It is like a high security jail 3. Unnecessary sales burden 4. Focus day ( no decreased roi no high per gram rate then it is illogical) 5. Sunday/night visit ( it should be the job done by security guard) 6. A number of products to sale with daily basis target (nobody can achieve all in a day) 7. Anybody unknown or new joinee in corporate or regional office can call you, threatened you,harrased you to complete his task on given time . 8. High rate of interest, difficult to add new customer comparing other banks and NBFC's 9. Muthoot most rust thing it's penalties ( a normal customer pays a lot extra RBI is still watching this fraud.

read more
  • Job security - Bad
  • +3 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 19 Jul 2024

1.0
 for  Salary and Benefits

Likes

Salary always credited in right time

Dislikes

Dividing the staff with religion Similar promotion and pay not available.Very politics on staff promotion Higher Authorities and very bad Paying very less payment Not employee friendly oriented company

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 31 May 2023

1.0
 for  Salary and Benefits

Likes

Nothing in this company is good, company is very unorganised. Employment and Promotions is very pathetic situation mainly every decision based on Kerala centric employees. Kerala employees joined very good position and other states employees are very neglected by management it self.

read more

Dislikes

...after several attempts whereas most likely employees of management got promoted. Salary Hike is very pathetic situation ,An employees dies by salary he/she gets. Supervisor behaviour is very rude to employees.Alway attempt to terminate the employment .

read more
  • Salary - Bad
  • +6 more
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Muthoot Finance Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Muthoot Finance?
Area Credit Manager salary at Muthoot Finance in India ranges between ₹3.3 Lakhs to ₹10.1 Lakhs for experience between 5 years to 10 years. According to our estimates it is 42% less than the average Area Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.
How does the salary of a Area Credit Manager at Muthoot Finance India compare with the average salary range for this job?
The average salary of a Area Credit Manager at Muthoot Finance is 42% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a Area Credit Manager at Muthoot Finance?
Management, Quality Audit, MIS Reporting, Credit Underwriting and Loans are some of the popular skills required to work as a Area Credit Manager at Muthoot Finance India.
Which similar companies are paying more than Muthoot Finance to a Area Credit Manager in India?
  • HDFC Bank Area Credit Manager Salary - ₹8.5 Lakhs to ₹30.0 Lakhs per year
  • Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹27.4 Lakhs per year
  • Tata Capital Housing Finance Area Credit Manager Salary - ₹11.0 Lakhs to ₹20.7 Lakhs per year
  • PNB Housing Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
  • LIC Housing Finance Area Credit Manager Salary - ₹8.5 Lakhs to ₹20.0 Lakhs per year
What is the salary of a Area Credit Manager in companies similar to Muthoot Finance in India?
  • Kotak Mahindra Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹24.5 Lakhs per year
  • Axis Bank Area Credit Manager Salary - ₹6.5 Lakhs to ₹23.0 Lakhs per year
  • Aditya Birla Finance Area Credit Manager Salary - ₹8.1 Lakhs to ₹21.5 Lakhs per year
  • Shriram Finance Area Credit Manager Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
  • SMFG India Credit Area Credit Manager Salary - ₹6.0 Lakhs to ₹23.7 Lakhs per year
What is the estimated take home salary of a Area Credit Manager at Muthoot Finance in India?
The estimated take-home salary of a Area Credit Manager at Muthoot Finance ranges between ₹52,610 per month to ₹53,849 per month in India. The take-home salary calculation is based on the average Muthoot Finance Area Credit Manager salary in India which ranges between ₹3.3 Lakhs to ₹10.1 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Area Credit Manager at Muthoot Finance?
According to AmbitionBox, 50% of the Muthoot Finance Area Credit Managers reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Finance Area Credit Manager salary in India ranges between ₹3.3 Lakhs to ₹10.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.