Muthoot Finance Regional Credit Manager Salaries by 5 Employees

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

Interested in this particular role?

Last Updated: 4 Jun 2024

Companies similar to Muthoot Finance for Regional Credit Manager

Company name	Avg Annual Salary	Open Jobs
Poonawalla Fincorp Regional Credit Manager Salary 10 - 21 years exp. (47 salaries)	₹18.6 L/yr - ₹32 L/yr 28% more
Sammaan Capital Limited Regional Credit Manager Salary 7 - 14 years exp. (41 salaries)	₹10.7 L/yr - ₹26.8 L/yr 9% less
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PNB Housing Finance Regional Credit Manager Salary 9 - 18 years exp. (23 salaries)	₹17.6 L/yr - ₹34 L/yr 17% more
Tata Capital Housing Finance Regional Credit Manager Salary 10 - 18 years exp. (18 salaries)	₹19 L/yr - ₹31.4 L/yr 29% more
L&T Finance Regional Credit Manager Salary 10 - 20 years exp. (18 salaries)	₹17.8 L/yr - ₹30.2 L/yr 20% more
Bajaj Finance Regional Credit Manager Salary 5 - 12 years exp. (16 salaries)	₹17.6 L/yr - ₹30 L/yr 18% 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 - 18 years exp. (11 salaries)	₹18 L/yr - ₹28.6 L/yr 10% 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. (7 salaries)	₹12 L/yr - ₹19 L/yr 22% less
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Manappuram Finance Regional Credit Manager Salary 15 - 17 years exp. (6 salaries)	₹6.6 L/yr - ₹13 L/yr 53% less
HDB Financial Services Regional Credit Manager Salary 19 - 22 years exp. (6 salaries)	₹25 L/yr - ₹38 L/yr 78% more
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 - 19 years exp. (5 salaries)	₹16.3 L/yr - ₹19 L/yr 10% less
Muthoot Microfin Regional Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹4.2 L/yr - ₹7 L/yr 72% less
Aavas Financiers Regional Credit Manager Salary 5 - 8 years exp. (4 salaries)	₹7 L/yr - ₹14 L/yr 51% less
Satin Creditcare Network Regional Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹5.3 L/yr 75% less
Bharat Financial Inclusion Regional Credit Manager Salary 3 - 15 years exp. (3 salaries)	₹6.5 L/yr - ₹12.7 L/yr 54% less

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

(6 salaries)

₹3.85 L/yr - ₹6 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 - ₹3.7 L/yr

Sales Manager Salary

(50 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

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BFSI, Investments & Trading Department

2.0

• posted on 21 Jan 2025

3.0

for Salary and Benefits

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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

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3.0

• posted on 01 Dec 2024

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for Salary and Benefits

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

Skill development - Good

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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

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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

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Finance & Accounting Department

1.0

• posted on 19 Jul 2024

1.0

for Salary and Benefits

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Salary always credited in right time

Dislikes

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• posted on 31 May 2023

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for Salary and Benefits

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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

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Muthoot Finance Regional Credit Manager Salary FAQs

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

The average salary of a Regional Credit Manager at Muthoot Finance in India typically ranges from ₹19.5 Lakhs to ₹22.5 Lakhs per year, depending on experience (from 8 years to 19 years).

The top 10% of Regional Credit Manager at Muthoot Finance earn more than ₹22.5 Lakhs per year, and the top 1% earn over ₹22.5 Lakhs per year. Regional 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 5 Muthoot Finance employees in India.

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 in India typically ranges from ₹1,32,209 to ₹1,37,051 per month. This is based on the average salary range of ₹19.5 Lakhs to ₹22.5 Lakhs per year for employees with experience ranging from 8 years to 19 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 5 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 Regional Credit Manager at Muthoot Finance ?

To be a Regional Credit Manager at Muthoot Finance in india, the key skills required include:

- Credit Underwriting
- Management
- Quality Audit
- MIS Reporting
- Risk Assessment

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 Regional Credit Manager in India?

HDB Financial Services	₹25.0 Lakhs to ₹38.0 Lakhs per year
SMFG India Credit	₹21.0 Lakhs to ₹40.0 Lakhs per year
Tata Capital Housing Finance	₹19.0 Lakhs to ₹31.4 Lakhs per year
Poonawalla Fincorp	₹18.6 Lakhs to ₹32.0 Lakhs per year
L&T Finance	₹17.8 Lakhs to ₹30.2 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 Regional Credit Manager in companies similar to Muthoot Finance in India?

The salary of a Regional Credit Manager at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bajaj Finance	₹17.6 Lakhs to ₹30.0 Lakhs per year
Mahindra Finance	₹19.6 Lakhs to ₹31.0 Lakhs per year
PNB Housing Finance	₹17.6 Lakhs to ₹34.0 Lakhs per year
IIFL Finance	₹18.0 Lakhs to ₹28.6 Lakhs per year
Capri Global Capital	₹16.0 Lakhs to ₹23.5 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 Regional Credit Manager at Muthoot Finance in India?

The salary growth for a Regional Credit Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Regional Credit Manager can expect the following growth trajectory at Muthoot Finance:

Experience	Average Salary Range
8 years	₹7.8 Lakhs to ₹21.0 Lakhs per year
9 years	₹7.8 Lakhs to ₹22.0 Lakhs per year
10 years	₹17.8 Lakhs to ₹22.7 Lakhs per year
11 years	₹17.8 Lakhs to ₹22.8 Lakhs per year

and so on.

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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.