Muthoot Finance Pune Credit Manager Salaries by 4 Employees (Updated 2025)

8 - 12 years exp.

₹5.3 Lakhs - ₹7.2 Lakhs

Salary of majority employees

31% less than the average Credit Manager Salary in NBFC Companies for 8 - 12 years of experience

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Last Updated: 20 Dec 2024

Companies similar to Muthoot Finance for Credit Manager in Pune

Muthoot Finance Credit Manager Salary

8 - 12 years exp. (4 salaries)

₹5.3 L/yr - ₹7.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (214 salaries)	₹3.5 L/yr - ₹14.6 L/yr 54% more	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (209 salaries)	₹4.1 L/yr - ₹17 L/yr 79% more	1 job opening
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Axis Bank Credit Manager Salary 0 - 12 years exp. (43 salaries)	₹4.2 L/yr - ₹15 L/yr 64% more
Kotak Mahindra Bank Credit Manager Salary 0 - 10 years exp. (59 salaries)	₹4 L/yr - ₹13.5 L/yr 64% more
Bajaj Finance Credit Manager Salary 1 - 8 years exp. (67 salaries)	₹3 L/yr - ₹9 L/yr 9% more
Tata Capital Credit Manager Salary 1 - 8 years exp. (19 salaries)	₹5.8 L/yr - ₹12 L/yr 44% more	10 job openings
IndusInd Bank Credit Manager Salary 4 - 10 years exp. (3 salaries)	₹6.3 L/yr - ₹10 L/yr 33% more
IDFC FIRST Bank Credit Manager Salary 0 - 9 years exp. (54 salaries)	₹4 L/yr - ₹11.9 L/yr 44% more
Yes Bank Credit Manager Salary 0 - 9 years exp. (16 salaries)	₹4.2 L/yr - ₹11 L/yr 54% more
RBL Bank Credit Manager Salary 3 - 10 years exp. (10 salaries)	₹3 L/yr - ₹11 L/yr 29% more
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (64 salaries)	₹4.5 L/yr - ₹10.6 L/yr 28% more	1 job opening
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HDB Financial Services Credit Manager Salary 0 - 10 years exp. (30 salaries)	₹2.2 L/yr - ₹7.6 L/yr 21% less	1 job opening
Aavas Financiers Credit Manager Salary 1 - 8 years exp. (24 salaries)	₹3.5 L/yr - ₹7.6 L/yr 11% more	4 job openings
Aditya Birla Finance Credit Manager Salary 1 - 7 years exp. (15 salaries)	₹5.4 L/yr - ₹9 L/yr 33% more
IIFL Finance Credit Manager Salary 0 - 7 years exp. (12 salaries)	₹3.6 L/yr - ₹10.2 L/yr 2% less
Kotak Mahindra Prime Credit Manager Salary 2 - 7 years exp. (9 salaries)	₹5.2 L/yr - ₹9 L/yr 49% more
PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (7 salaries)	₹5.2 L/yr - ₹12 L/yr 52% more
Muthoot Fincorp Credit Manager Salary 4 - 9 years exp. (5 salaries)	₹5 L/yr - ₹6.1 L/yr 7% more	13 job openings
Shriram Finance Credit Manager Salary 3 - 11 years exp. (5 salaries)	₹2.5 L/yr - ₹7.5 L/yr 3% more	4 job openings
Mahindra Rural Housing Finance Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5 L/yr 13% less

Credit Manager salary at Muthoot Finance ranges between ₹5.3 Lakhs to ₹7.2 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Credit Manager salaries in Pune

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹10.4 L/yr
9 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.3 L/yr
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10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7.1 L/yr
12 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹7.2 L/yr

Similar Designation salaries in Muthoot Finance

Sales Manager Salary

(6 salaries)

₹3 L/yr - ₹6 L/yr

Deputy Manager Salary

(6 salaries)

₹4.2 L/yr - ₹7.2 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

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 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 Pune?

Credit Manager salary at Muthoot Finance in Pune ranges between ₹5.3 Lakhs to ₹7.2 Lakhs for experience between 8 years to 12 years. According to our estimates it is 31% less than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance Pune.

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

The average salary of a Credit Manager at Muthoot Finance is 31% less than the average salary of a Credit Manager in Pune. 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 Pune.

Which similar companies are paying more than Muthoot Finance to a Credit Manager in Pune?

ICICI Bank Credit Manager Salary - ₹4.1 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹13.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
Yes Bank Credit Manager Salary - ₹4.2 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.6 Lakhs per year

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

PNB Housing Finance Credit Manager Salary - ₹5.2 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Prime Credit Manager Salary - ₹5.2 Lakhs to ₹9.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹5.8 Lakhs to ₹12.0 Lakhs per year
IDFC FIRST Bank Credit Manager Salary - ₹4.0 Lakhs to ₹11.9 Lakhs per year
Aditya Birla Finance Credit Manager Salary - ₹5.4 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Muthoot Finance ranges between ₹41,880 per month to ₹43,017 per month in Pune. The take-home salary calculation is based on the average Muthoot Finance Credit Manager salary in India which ranges between ₹5.3 Lakhs to ₹7.2 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Finance Credit Managers in Pune reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Finance Credit Manager Salaries in Pune

Muthoot Finance Credit Manager salary in Pune ranges between ₹5.3 Lakhs to ₹7.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.