Muthoot Finance Deputy Credit Manager Salaries by 3 Employees (Updated 2025)

6 - 13 years exp.

₹5.1 Lakhs - ₹5.6 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Deputy Credit Manager Salary in NBFC Companies for 6 - 13 years of experience

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Last Updated: 15 Dec 2023

Companies similar to Muthoot Finance for Deputy Credit Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Deputy Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹4.3 L/yr - ₹6.6 L/yr 2% more
Shriram Finance Deputy Credit Manager Salary 6 - 19 years exp. (7 salaries)	₹5 L/yr - ₹7 L/yr 6% more
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Bajaj Finance Deputy Credit Manager Salary 2 - 8 years exp. (9 salaries)	₹3.8 L/yr - ₹7 L/yr 9% less
HDFC Bank Deputy Credit Manager Salary 1 - 8 years exp. (132 salaries)	₹3.5 L/yr - ₹10 L/yr 19% more
ICICI Bank Deputy Credit Manager Salary 0 - 6 years exp. (42 salaries)	₹4.1 L/yr - ₹9.8 L/yr 42% more
Axis Bank Deputy Credit Manager Salary 4 - 11 years exp. (45 salaries)	₹4.3 L/yr - ₹8.5 L/yr 20% more
Kotak Mahindra Bank Deputy Credit Manager Salary 1 - 8 years exp. (22 salaries)	₹3.8 L/yr - ₹6 L/yr 12% more
Mahindra Rural Housing Finance Deputy Credit Manager Salary 5 - 12 years exp. (38 salaries)	₹3.5 L/yr - ₹8.5 L/yr 14% more
TVS Credit Deputy Credit Manager Salary 3 - 16 years exp. (11 salaries)	₹4.6 L/yr - ₹7.6 L/yr 7% more
Mahindra Finance Deputy Credit Manager Salary 4 - 10 years exp. (6 salaries)	₹5 L/yr - ₹6.6 L/yr 20% more
Aavas Financiers Deputy Credit Manager Salary 2 - 4 years exp. (6 salaries)	₹3.8 L/yr - ₹6 L/yr 10% less
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IDFC FIRST Bharat Deputy Credit Manager Salary 4 - 11 years exp. (6 salaries)	₹3.8 L/yr - ₹4.6 L/yr 14% less
Capri Global Capital Deputy Credit Manager Salary 5 - 8 years exp. (4 salaries)	₹3.8 L/yr - ₹6.5 L/yr 5% less
HDB Financial Services Deputy Credit Manager Salary 1 - 9 years exp. (4 salaries)	₹3.5 L/yr - ₹6.4 L/yr 7% less
Sundaram Finance Deputy Credit Manager Salary 0 - 10 years exp. (4 salaries)	₹6 L/yr - ₹6.5 L/yr 20% more
Poonawalla Fincorp Deputy Credit Manager Salary 5 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹8.1 L/yr 44% more
Kotak Mahindra Prime Deputy Credit Manager Salary 0 - 5 years exp. (3 salaries)	₹3.8 L/yr - ₹6.4 L/yr 8% less

Deputy Credit Manager salary at Muthoot Finance ranges between ₹5.1 Lakhs to ₹5.6 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Deputy Credit Manager salaries

Last Updated: 15 Dec 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
12 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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13 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Muthoot Finance

Area Credit Manager Salary

(4 salaries)

₹3.3 L/yr - ₹10.1 L/yr

Branch Credit Manager Salary

(5 salaries)

₹3 L/yr - ₹5.5 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹13 L/yr - ₹27 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Regional Credit Manager Salary

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₹11.5 L/yr - ₹22.5 L/yr

Credit Manager Salary

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₹3 L/yr - ₹7.2 L/yr

Deputy Manager Salary

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₹3.6 L/yr - ₹8.9 L/yr

Assistant Credit Manager Salary

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₹3.85 L/yr - ₹6 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

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₹2 L/yr - ₹3.5 L/yr

Salary related reviews for Muthoot Finance

5.0

Rated by 1 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 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 Deputy Credit Manager Salary FAQs

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

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

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Muthoot Finance Deputy Credit Manager Salaries

Muthoot Finance Deputy Credit Manager salary in India ranges between ₹5.1 Lakhs to ₹5.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Finance latest salaries received from various employees of Muthoot Finance.