Muthoot Finance Kochi Credit Manager Salaries by 3 Employees (Updated 2024)

1 - 8 years exp.

₹3 Lakhs - ₹4.4 Lakhs

Low Confidence

Salary of majority employees

38% less than the average Credit Manager Salary in NBFC Companies for 1 - 8 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.4 L/yr
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Finance & Accounting Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.9 L/yr

Last Updated: 17 Mar 2023

Companies similar to Muthoot Finance for Credit Manager in Kochi

Muthoot Finance Credit Manager Salary

1 - 8 years exp. (3 salaries)

₹3 L/yr - ₹4.4 L/yr

Company name	Avg Annual Salary	Open Jobs
South Indian Bank Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹11 L/yr - ₹17 L/yr 261% more
Muthoot Vehicle & Asset Finance Credit Manager Salary 7 - 10 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 2% more
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CSB Bank Credit Manager Salary 4 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹6.3 L/yr 41% more
Gosree Finance Credit Manager Salary 8 - 11 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 7% less

Credit Manager salary at Muthoot Finance ranges between ₹3 Lakhs to ₹4.4 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Credit Manager salaries in Kochi

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
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3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹5 L/yr
6 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.1 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹8.3 L/yr
8 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹8.5 L/yr

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Similar Designation salaries in Muthoot Finance

Chief Manager Salary

(3 salaries)

₹12 L/yr - ₹14.25 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

4.0

Rated by 1 employees for salary & benefits

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.

Branch Manager in Amritsar

Other Department

4.0

• posted on 05 May 2022

4.0

for Salary and Benefits

Likes

Good environment for female staff, transfer staff within 25km,salary hike every year , free health insurance for staff and family, transparent policies ,

Dislikes

Long hours timing which creates difficulty to manage personal life, staff have to visit to on Sunday and holidays which is not much beneficial for company but disturb staff's personal routine for holidays

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Finance Credit Manager Salary FAQs

What is the notice period for Credit Manager at Muthoot Finance in Kochi?

According to AmbitionBox, 100% of the Muthoot Finance Credit Managers in Kochi reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Finance Credit Manager Salaries in Kochi

Muthoot Finance Credit Manager salary in Kochi ranges between ₹3 Lakhs to ₹4.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.