Muthoot Finance Bangalore / Bengaluru Credit Manager Salaries by 20+ Employees (Updated 2025)

0 - 12 years exp.

₹3 Lakhs - ₹6 Lakhs

Salary of majority employees

42% less than the average Credit Manager Salary in NBFC Companies for 0 - 12 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 6 years exp. (9 salaries)	₹3.8 L/yr - ₹5.9 L/yr
BFSI, Investments & Trading Credit Manager Salary 1 - 11 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹6 L/yr
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Risk Management & Compliance Credit Manager Salary 0 - 1 year exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Last Updated: 5 Jan 2025

Companies similar to Muthoot Finance for Credit Manager in Bangalore / Bengaluru

Muthoot Finance Credit Manager Salary

0 - 12 years exp. (21 salaries)

₹3 L/yr - ₹6 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (250 salaries)	₹3.5 L/yr - ₹12.5 L/yr 76% more	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (392 salaries)	₹4.1 L/yr - ₹15.9 L/yr 110% more	1 job opening
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Axis Bank Credit Manager Salary 1 - 11 years exp. (45 salaries)	₹4 L/yr - ₹16.4 L/yr 108% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (123 salaries)	₹4.5 L/yr - ₹14 L/yr 90% more
Tata Capital Credit Manager Salary 0 - 9 years exp. (30 salaries)	₹4 L/yr - ₹11 L/yr 69% more	10 job openings
IndusInd Bank Credit Manager Salary 3 - 12 years exp. (18 salaries)	₹5 L/yr - ₹14.8 L/yr 75% more	6 job openings
IDFC FIRST Bank Credit Manager Salary 0 - 10 years exp. (47 salaries)	₹3.5 L/yr - ₹12 L/yr 65% more
Yes Bank Credit Manager Salary 1 - 9 years exp. (17 salaries)	₹4.5 L/yr - ₹14 L/yr 83% more
RBL Bank Credit Manager Salary 3 - 10 years exp. (6 salaries)	₹4.4 L/yr - ₹9 L/yr 34% more
SMFG India Credit Credit Manager Salary 1 - 10 years exp. (39 salaries)	₹2.9 L/yr - ₹11.3 L/yr 38% more

View all

Credit Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 5 Jan 2025

Experience	Avg Annual Salary
Fresher (5 salaries)	₹3.8 L/yr - ₹4.8 L/yr
1 year (8 salaries)	₹3 L/yr - ₹4.9 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
3 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹7.8 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.3 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.9 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.7 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.7 L/yr
9 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
10 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
11 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
12 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Muthoot Finance

Branch Manager Salary

(87 salaries)

₹2.15 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(8 salaries)

₹5 L/yr - ₹7.3 L/yr

Sales Manager Salary

(3 salaries)

₹3.85 L/yr - ₹5.25 L/yr

Chief Manager Salary

(3 salaries)

₹11.29 L/yr - ₹12.5 L/yr

Top skills at Muthoot Finance for Credit Manager

Credit Underwriting Management Quality Audit MIS Reporting Credit Appraisal Monitoring Compliance Business operations Business Planning Credit Management Sales Underwriting Credit Analysis Personal Loans Credit Assessment

Salary related reviews for Muthoot Finance

2.1

Rated by 5 employees for salary & benefits

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

Dislikes

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

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

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.

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

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 .

Branch Manager in Bhuj

Full Time

Sales & Business Development Department

5.0

• posted on 01 Sep 2023

2.0

for Salary and Benefits

Likes

Company with good work culture and integrity. Company's marketing strategies and branding help us most for business generation. Audit team is always caring for customer's concern and company's image.

Dislikes

Salary is not as per expectation compared to other competitors companies.

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Salary Discussions, Hike & Promotions

2w (edited)

a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Muthoot Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Muthoot Finance Bangalore / Bengaluru?

Credit Manager salary at Muthoot Finance in Bangalore / Bengaluru ranges between ₹3.0 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 42% less than the average Credit Manager Salary in India. Salary estimates are based on 21 latest salaries received from various employees of Muthoot Finance Bangalore / Bengaluru.

How does the salary of a Credit Manager at Muthoot Finance Bangalore / Bengaluru compare with the average salary range for this job?

The average salary of a Credit Manager at Muthoot Finance is 42% less than the average salary of a Credit Manager in Bangalore / Bengaluru. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Muthoot Finance?

Credit Underwriting, Management, Quality Audit, MIS Reporting and Credit Appraisal are some of the popular skills required to work as a Credit Manager at Muthoot Finance Bangalore / Bengaluru.

Which similar companies are paying more than Muthoot Finance to a Credit Manager in Bangalore / Bengaluru?

ICICI Bank Credit Manager Salary - ₹4.1 Lakhs to ₹15.9 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹16.4 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹6.0 Lakhs to ₹10.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Muthoot Finance in Bangalore / Bengaluru?

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹12.5 Lakhs per year
IndusInd Bank Credit Manager Salary - ₹5.0 Lakhs to ₹14.8 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹6.5 Lakhs to ₹9.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.0 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹3.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Credit Manager at Muthoot Finance in Bangalore / Bengaluru?

The estimated take-home salary of a Credit Manager at Muthoot Finance ranges between ₹35,302 per month to ₹36,537 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Muthoot Finance Credit Manager salary in India which ranges between ₹3.0 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Muthoot Finance in Bangalore / Bengaluru?

According to AmbitionBox, 47% of the Muthoot Finance Credit Managers in Bangalore / Bengaluru reported a notice period of 3 Months, 29% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Muthoot Finance Credit Manager Salaries in Bangalore / Bengaluru

Muthoot Finance Credit Manager salary in Bangalore / Bengaluru ranges between ₹3 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 21 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance Credit Manager salaries in Bangalore / Bengaluru

Companies similar to Muthoot Finance for Credit Manager in Bangalore / Bengaluru

Latest annual salaries shared by Muthoot Finance Credit Manager in Bangalore / Bengaluru

Experience wise Muthoot Finance Credit Manager salaries in Bangalore / Bengaluru

Similar Designation salaries in Muthoot Finance

Top skills at Muthoot Finance for Credit Manager

Salary related reviews for Muthoot Finance

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Deputy Manager in Bhubaneswar

Branch Manager in Bhubaneswar

Branch Manager in Bhuj

Muthoot Finance Credit Manager Salary FAQs

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