Muthoot Finance Branch Credit Manager Salaries by 7 Employees (Updated 2025)

2 - 6 years exp.

₹3 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

23% less than the average Branch Credit Manager Salary in NBFC Companies for 2 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Branch Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹5.6 L/yr
BFSI, Investments & Trading Branch Credit Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
Login to view exact salary
Product Management Branch Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.5 L/yr
Sales & Business Development Branch Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 12 Feb 2025

Companies similar to Muthoot Finance for Branch Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Branch Credit Manager Salary 0 - 13 years exp. (557 salaries)	₹2.3 L/yr - ₹7.8 L/yr 25% more	12 job openings
PNB Housing Finance Branch Credit Manager Salary 2 - 10 years exp. (209 salaries)	₹4.5 L/yr - ₹12.6 L/yr 99% more	2 job openings
Login to view exact salary
Sammaan Capital Limited Branch Credit Manager Salary 2 - 10 years exp. (177 salaries)	₹3 L/yr - ₹8 L/yr 44% more
Muthoot Microfin Branch Credit Manager Salary 0 - 6 years exp. (162 salaries)	₹1.8 L/yr - ₹3.5 L/yr 35% less
Bharat Financial Inclusion Branch Credit Manager Salary 0 - 6 years exp. (158 salaries)	₹1.5 L/yr - ₹5 L/yr 23% less
SMFG India Credit Branch Credit Manager Salary 1 - 11 years exp. (245 salaries)	₹1.9 L/yr - ₹9.3 L/yr 19% more	1 job opening
Mahindra Rural Housing Finance Branch Credit Manager Salary 1 - 10 years exp. (131 salaries)	₹2.1 L/yr - ₹7.8 L/yr 19% more	2 job openings
Bajaj Finance Branch Credit Manager Salary 4 - 10 years exp. (121 salaries)	₹3.2 L/yr - ₹8.5 L/yr 53% more
Aavas Financiers Branch Credit Manager Salary 2 - 11 years exp. (74 salaries)	₹3.5 L/yr - ₹7.8 L/yr 41% more
IIFL Finance Branch Credit Manager Salary 1 - 6 years exp. (56 salaries)	₹1.8 L/yr - ₹6.9 L/yr 21% less
Muthoot Fincorp Branch Credit Manager Salary 0 - 12 years exp. (55 salaries)	₹2.7 L/yr - ₹7 L/yr 17% more
Login to view exact salary
Capri Global Capital Branch Credit Manager Salary 1 - 8 years exp. (53 salaries)	₹3.1 L/yr - ₹8 L/yr 29% more
Tata Capital Housing Finance Branch Credit Manager Salary 5 - 11 years exp. (38 salaries)	₹4.4 L/yr - ₹10 L/yr 60% more
Manappuram Finance Branch Credit Manager Salary 0 - 10 years exp. (34 salaries)	₹2.8 L/yr - ₹6 L/yr 2% less
CreditAccess Grameen Branch Credit Manager Salary 2 - 11 years exp. (33 salaries)	₹3 L/yr - ₹5.5 L/yr 4% less
Shriram Finance Branch Credit Manager Salary 2 - 10 years exp. (31 salaries)	₹2.4 L/yr - ₹6.1 L/yr 3% less
Mahindra Finance Branch Credit Manager Salary 6 - 10 years exp. (10 salaries)	₹4 L/yr - ₹7.1 L/yr 5% more
Asirvad Microfinance Branch Credit Manager Salary 3 - 8 years exp. (9 salaries)	₹2.9 L/yr - ₹5.5 L/yr 1% less
Satin Creditcare Network Branch Credit Manager Salary 2 - 4 years exp. (7 salaries)	₹2.5 L/yr - ₹3.5 L/yr 36% less
Five-Star Business Finance Branch Credit Manager Salary 5 - 10 years exp. (7 salaries)	₹2.7 L/yr - ₹3.6 L/yr 27% less

View all

Branch Credit Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹5.6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Branch Credit Manager salaries

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹1.5 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹5.5 L/yr

Similar Designation salaries in Muthoot Finance

Area Credit Manager Salary

(4 salaries)

₹3.3 L/yr - ₹10.1 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹13 L/yr - ₹27 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹5.1 L/yr - ₹5.6 L/yr

Regional Credit Manager Salary

(5 salaries)

₹19.52 L/yr - ₹22.5 L/yr

Branch Manager Salary

(560 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Credit Manager Salary

(73 salaries)

₹3 L/yr - ₹7.2 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Assistant Credit Manager Salary

(6 salaries)

₹3.85 L/yr - ₹6 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Chief Manager Salary

(11 salaries)

₹8.65 L/yr - ₹14.25 L/yr

Top skills at Muthoot Finance for Branch Credit Manager

Management Quality Audit MIS Reporting Credit Underwriting

Salary related reviews for Muthoot Finance

3.6

Rated by 3 employees for salary & benefits

Sales Manager in Kochi

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

Skill development - Bad

+5 more

Deputy Manager in Rae Bareli

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

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

Promotions - Poor

Branch Manager in New Delhi

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

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.

Job security - Bad

+3 more

Deputy Manager in Bhubaneswar

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

Salary - Bad

+6 more

Branch Manager in Bhubaneswar

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.

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 .

Salary - Bad

+6 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

Got a question about Muthoot Finance?

Ask anonymously on communities.

Muthoot Finance Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Muthoot Finance ?

The average salary of a Branch Credit Manager at Muthoot Finance in India typically ranges from ₹3.0 Lakhs to ₹5.6 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Branch Credit Manager at Muthoot Finance earn more than ₹5.6 Lakhs per year, and the top 1% earn over ₹5.6 Lakhs per year. Branch Credit Manager Salaries at Muthoot Finance 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 7 Muthoot Finance employees in India.

What is the estimated take home salary of a Branch Credit Manager at Muthoot Finance in India?

The estimated take-home salary of a Branch Credit Manager at Muthoot Finance in India typically ranges from ₹30,474 to ₹31,781 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.6 Lakhs per year for employees with experience ranging from 2 years 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 7 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Credit Manager at Muthoot Finance ?

To be a Branch Credit Manager at Muthoot Finance in india, the key skills required include:

- Management
- Quality Audit
- MIS Reporting
- Credit Underwriting

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

Which companies offer higher salaries than Muthoot Finance for Branch Credit Manager in India?

Kotak Mahindra Prime	₹4.9 Lakhs to ₹10.0 Lakhs per year
PNB Housing Finance	₹4.5 Lakhs to ₹12.6 Lakhs per year
Tata Capital Housing Finance	₹4.4 Lakhs to ₹10.0 Lakhs per year
Poonawalla Fincorp	₹3.5 Lakhs to ₹11.0 Lakhs per year
Bajaj Finance	₹3.2 Lakhs to ₹8.5 Lakhs per year

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

What is the salary of a Branch Credit Manager in companies similar to Muthoot Finance in India?

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

Sammaan Capital Limited	₹3.0 Lakhs to ₹8.0 Lakhs per year
Aavas Financiers	₹3.5 Lakhs to ₹7.8 Lakhs per year
Sundaram Finance	₹4.0 Lakhs to ₹7.0 Lakhs per year
Capri Global Capital	₹3.1 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹2.3 Lakhs to ₹7.8 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 Branch Credit Manager at Muthoot Finance in India?

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

Experience	Average Salary Range
2 years	₹1.5 Lakhs to ₹4.0 Lakhs per year
3 years	₹3.6 Lakhs to ₹4.6 Lakhs per year
4 years	₹3.0 Lakhs to ₹4.5 Lakhs per year
5 years	₹3.8 Lakhs to ₹5.6 Lakhs per year

and so on.

Tell us how to improve this page.

Muthoot Finance Branch Credit Manager Salaries by Location

Home >
Salaries >
Muthoot Finance Salaries >
Muthoot Finance Branch Credit Manager Salaries

Muthoot Finance Branch Credit Manager salary in India ranges between ₹3 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Finance latest salaries received from various employees of Muthoot Finance.