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3.6

based on 5.2k Reviews

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Muthoot Finance Credit Manager salaries in Kolkata

Annual salary range
3 - 10 years exp.
₹4.5 Lakhs - ₹5.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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41% less than the average Credit Manager Salary in NBFC Companies for 3 - 10 years of experience

Interested in this particular role? 1 job opening

Last Updated: 7 May 2023

Companies similar to Muthoot Finance for Credit Manager in Kolkata

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Muthoot Finance Credit Manager Salary

3 - 10 years exp. (6 salaries)
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₹4.5 L/yr - ₹5.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDB Financial Services Credit Manager Salary

0 - 11 years exp. (41 salaries)
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₹2.4 L/yr - ₹6.4 L/yr

arrow icon 9% less
 1 job opening
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SMFG India Credit Credit Manager Salary

0 - 12 years exp. (34 salaries)
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₹3.2 L/yr - ₹11 L/yr

arrow icon 32% more
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Tata Capital Housing Finance Credit Manager Salary

4 - 8 years exp. (7 salaries)
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₹4 L/yr - ₹12.2 L/yr

arrow icon 49% more
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IIFL Finance Credit Manager Salary

0 - 9 years exp. (6 salaries)
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₹3.3 L/yr - ₹9.7 L/yr

arrow icon 24% more
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Kotak Mahindra Prime Credit Manager Salary

1 - 6 years exp. (5 salaries)
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₹9.5 L/yr - ₹14.5 L/yr

arrow icon 117% more
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Poonawalla Fincorp Credit Manager Salary

0 - 9 years exp. (5 salaries)
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₹6 L/yr - ₹8.5 L/yr

arrow icon 53% more
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Manappuram Finance Credit Manager Salary

6 - 12 years exp. (4 salaries)
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₹3.6 L/yr - ₹5.3 L/yr

arrow icon 16% less
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Sammaan Capital Limited Credit Manager Salary

4 - 6 years exp. (4 salaries)
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₹4.5 L/yr - ₹8.4 L/yr

arrow icon 19% more
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Mahindra Finance Credit Manager Salary

9 - 11 years exp. (3 salaries)
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₹8.2 L/yr - ₹12.5 L/yr

arrow icon 80% more
Credit Manager salary at Muthoot Finance ranges between ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 6 latest salaries received from various employees of Muthoot Finance.

Latest annual salaries shared by Muthoot Finance Credit Manager in Kolkata

1y ago
₹5.3 Lakhs
3 years exp.
1y ago
₹4.5 Lakhs
10 years exp.

Experience wise Muthoot Finance Credit Manager salaries in Kolkata

Last Updated: 7 May 2023

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.2 L/yr - ₹5.3 L/yr
4 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
5 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.7 L/yr
7 years (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.8 L/yr
View all
Muthoot Finance Credit Manager Salary and Career Growth

From

To

Credit Manager

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0 - 12 years exp.

Regional Operations Manager

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3 - 16 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Muthoot Finance

Deputy Manager Salary
(5 salaries)
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₹4.5 L/yr - ₹6 L/yr

Top skills at Muthoot Finance for Credit Manager

Credit Underwriting Management Quality Audit MIS Reporting Credit Underwriting Software Configuration Management MIS Reporting Quality Audit Credit Appraisal Business operations Credit Management Monitoring Compliance Business Planning Sales

Salary related reviews for Muthoot Finance

5.0

Rated by 2 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

read more
  • 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

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

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

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

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

read more
  • 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.

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
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
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·
works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Muthoot Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Muthoot Finance in Kolkata?
The average salary of a Credit Manager at Muthoot Finance in Kolkata typically ranges from ₹4.5 Lakhs to ₹5.3 Lakhs per year, depending on experience (from 3 years to 10 years).

The top 10% of Credit Manager in Kolkata at Muthoot Finance earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹5.3 Lakhs per year. 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 6 Muthoot Finance employees in India.
What is the estimated take home salary of a Credit Manager at Muthoot Finance in Kolkata?
The estimated take-home salary of a Credit Manager at Muthoot Finance in Kolkata typically ranges from ₹37,206 to ₹38,413 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹5.3 Lakhs per year for employees with experience ranging from 3 years to 10 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 6 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 Credit Manager at Muthoot Finance in Kolkata?
To be a Credit Manager at Muthoot Finance in Kolkata, the key skills required include:

  • - Credit Underwriting
  • - 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 Credit Manager in India?
Kotak Mahindra Prime ₹9.5 Lakhs to ₹14.5 Lakhs per year
Mahindra Finance ₹8.2 Lakhs to ₹12.5 Lakhs per year
Poonawalla Fincorp ₹6.0 Lakhs to ₹8.5 Lakhs per year
Tata Capital Housing Finance ₹4.0 Lakhs to ₹12.2 Lakhs per year
SMFG India Credit ₹3.2 Lakhs to ₹11.0 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 Credit Manager in companies similar to Muthoot Finance in Kolkata?
The salary of a Credit Manager at companies similar to Muthoot Finance in Kolkata varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IIFL Finance ₹3.3 Lakhs to ₹9.7 Lakhs per year
Sammaan Capital Limited ₹4.5 Lakhs to ₹8.4 Lakhs per year
HDB Financial Services ₹2.4 Lakhs to ₹6.4 Lakhs per year
Manappuram Finance ₹3.6 Lakhs to ₹5.3 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 Muthoot Finance in Kolkata?
The salary growth for a Credit Manager at Muthoot Finance in Kolkata depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Kolkata can expect the following growth trajectory at Muthoot Finance:

Experience Average Salary Range
3 years ₹4.2 Lakhs to ₹5.3 Lakhs per year
4 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
5 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
6 years ₹4.5 Lakhs to ₹5.7 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Finance Credit Manager salary in Kolkata ranges between ₹4.5 Lakhs to ₹5.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Muthoot Finance latest salaries received from various employees of Muthoot Finance.