Muthoot Finance Regional Credit Manager Salaries by 5 Employees (Updated 2025)

8 - 19 years exp.

₹19.5 Lakhs - ₹22.5 Lakhs

Low Confidence

Salary of majority employees

5% more than the average Regional Credit Manager Salary in NBFC Companies for 8 - 19 years of experience

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Last Updated: 4 Jun 2024

Companies similar to Muthoot Finance for Regional Credit Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Regional Credit Manager Salary 15 - 17 years exp. (6 salaries)	₹6.6 L/yr - ₹13 L/yr 53% less
Bajaj Finance Regional Credit Manager Salary 5 - 16 years exp. (21 salaries)	₹17 L/yr - ₹36 L/yr 25% more
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HDFC Bank Regional Credit Manager Salary 9 - 24 years exp. (33 salaries)	₹21 L/yr - ₹45 L/yr 58% more
ICICI Bank Regional Credit Manager Salary 5 - 13 years exp. (367 salaries)	₹6.7 L/yr - ₹28 L/yr 17% less
Axis Bank Regional Credit Manager Salary 10 - 18 years exp. (59 salaries)	₹12.5 L/yr - ₹28.5 L/yr At par
Kotak Mahindra Bank Regional Credit Manager Salary 9 - 20 years exp. (27 salaries)	₹16.2 L/yr - ₹30 L/yr 24% more
Tata Capital Regional Credit Manager Salary 9 - 18 years exp. (54 salaries)	₹15 L/yr - ₹37 L/yr 19% more	2 job openings
Aditya Birla Finance Regional Credit Manager Salary 9 - 15 years exp. (45 salaries)	₹11.5 L/yr - ₹28 L/yr 4% less
Poonawalla Fincorp Regional Credit Manager Salary 10 - 20 years exp. (43 salaries)	₹18.6 L/yr - ₹32 L/yr 29% more
Sammaan Capital Limited Regional Credit Manager Salary 7 - 14 years exp. (41 salaries)	₹10.7 L/yr - ₹26.8 L/yr 9% less
PNB Housing Finance Regional Credit Manager Salary 9 - 18 years exp. (23 salaries)	₹17.6 L/yr - ₹34 L/yr 17% more
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L&T Finance Regional Credit Manager Salary 10 - 20 years exp. (18 salaries)	₹17.8 L/yr - ₹30.2 L/yr 23% more
Tata Capital Housing Finance Regional Credit Manager Salary 12 - 18 years exp. (15 salaries)	₹19 L/yr - ₹31.4 L/yr 35% more
Capri Global Capital Regional Credit Manager Salary 7 - 18 years exp. (14 salaries)	₹16 L/yr - ₹23.5 L/yr 2% less
SMFG India Credit Regional Credit Manager Salary 2 - 18 years exp. (14 salaries)	₹21 L/yr - ₹40 L/yr 56% more
IIFL Finance Regional Credit Manager Salary 7 - 17 years exp. (10 salaries)	₹18 L/yr - ₹28.6 L/yr 9% more
Mahindra Finance Regional Credit Manager Salary 10 - 18 years exp. (10 salaries)	₹19.6 L/yr - ₹31 L/yr 17% more
CreditAccess Grameen Regional Credit Manager Salary 12 - 19 years exp. (6 salaries)	₹12 L/yr - ₹18.6 L/yr 26% less
Kotak Mahindra Prime Regional Credit Manager Salary 9 - 15 years exp. (5 salaries)	₹12.4 L/yr - ₹17.3 L/yr 27% less
Mahindra Rural Housing Finance Regional Credit Manager Salary 15 - 18 years exp. (4 salaries)	₹16.3 L/yr - ₹19 L/yr 11% less

View all

Regional Credit Manager salary at Muthoot Finance ranges between ₹19.5 Lakhs to ₹22.5 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Regional Credit Manager salaries

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹21 L/yr
9 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹22 L/yr
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10 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.7 L/yr
11 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
12 years (AmbitionBox Estimate)	₹17.9 L/yr - ₹22.9 L/yr
13 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
14 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.2 L/yr
15+ years (3 salaries)	₹8.2 L/yr - ₹22.5 L/yr

View all

Similar Designation salaries in Muthoot Finance

Zonal Credit Manager Salary

(5 salaries)

₹13 L/yr - ₹27 L/yr

Area Credit Manager Salary

(4 salaries)

₹3.3 L/yr - ₹10.1 L/yr

Branch Credit Manager Salary

(7 salaries)

₹3 L/yr - ₹5.6 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹4.15 L/yr - ₹5 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹5.1 L/yr - ₹5.6 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹16.4 L/yr - ₹20.9 L/yr

Credit Manager Salary

(73 salaries)

₹3 L/yr - ₹7.2 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Relationship Manager Salary

(31 salaries)

₹2.2 L/yr - ₹4 L/yr

Sales Manager Salary

(42 salaries)

₹2.5 L/yr - ₹6.5 L/yr

Top skills at Muthoot Finance for Regional Credit Manager

Credit Underwriting Management Quality Audit MIS Reporting Risk Assessment Credit Appraisal Finance Financial Statement Analysis Credit Management KYC Monitoring Risk Management Disbursement Team Management Training

Salary related reviews for Muthoot Finance

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

Skill development - Bad

+5 more

Deputy Manager in Rae Bareli

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3.0

• posted on 01 Dec 2024

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for Salary and Benefits

Likes

salary hike and Career growth is nominal.. work culture and work life balance is best

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

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

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.

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

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.

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 .

Salary - Bad

+6 more

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Muthoot Finance Regional Credit Manager Salary FAQs

What is the salary of Regional Credit Manager at Muthoot Finance?

Regional Credit Manager salary at Muthoot Finance in India ranges between ₹19.5 Lakhs to ₹22.5 Lakhs for experience between 8 years to 19 years. According to our estimates it is 5% more than the average Regional Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Regional Credit Manager at Muthoot Finance is 5% more than the average salary of a Regional Credit Manager in India. To know exact salary insights, login to view.

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

Credit Underwriting, Management, Quality Audit, MIS Reporting and Risk Assessment are some of the popular skills required to work as a Regional Credit Manager at Muthoot Finance India.

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

HDFC Bank Regional Credit Manager Salary - ₹21.0 Lakhs to ₹45.0 Lakhs per year
SMFG India Credit Regional Credit Manager Salary - ₹21.0 Lakhs to ₹40.0 Lakhs per year
Tata Capital Housing Finance Regional Credit Manager Salary - ₹19.0 Lakhs to ₹31.4 Lakhs per year
Poonawalla Fincorp Regional Credit Manager Salary - ₹18.6 Lakhs to ₹32.0 Lakhs per year
Bajaj Finance Regional Credit Manager Salary - ₹17.0 Lakhs to ₹36.0 Lakhs per year

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

Kotak Mahindra Bank Regional Credit Manager Salary - ₹16.2 Lakhs to ₹30.0 Lakhs per year
L&T Finance Regional Credit Manager Salary - ₹17.8 Lakhs to ₹30.2 Lakhs per year
Tata Capital Regional Credit Manager Salary - ₹15.0 Lakhs to ₹37.0 Lakhs per year
Mahindra Finance Regional Credit Manager Salary - ₹19.6 Lakhs to ₹31.0 Lakhs per year
PNB Housing Finance Regional Credit Manager Salary - ₹17.6 Lakhs to ₹34.0 Lakhs per year

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

The estimated take-home salary of a Regional Credit Manager at Muthoot Finance ranges between ₹1,32,209 per month to ₹1,37,051 per month in India. The take-home salary calculation is based on the average Muthoot Finance Regional Credit Manager salary in India which ranges between ₹19.5 Lakhs to ₹22.5 Lakhs per year for employees with experience between 8 years to 19 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 60% of the Muthoot Finance Regional Credit Managers reported a notice period of 3 Months, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Muthoot Finance Regional Credit Manager Salaries

Muthoot Finance Regional Credit Manager salary in India ranges between ₹19.5 Lakhs to ₹22.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Finance latest salaries received from various employees of Muthoot Finance.