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

8 - 19 years exp.

₹19.5 Lakhs - ₹22.5 Lakhs

Salary of majority employees

At par with 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 in Mumbai

Muthoot Finance Regional Credit Manager Salary

8 - 19 years exp. (5 salaries)

₹19.5 L/yr - ₹22.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Regional Credit Manager Salary 9 - 20 years exp. (11 salaries)	₹28.5 L/yr - ₹51 L/yr 92% more
ICICI Bank Regional Credit Manager Salary 4 - 13 years exp. (54 salaries)	₹7.5 L/yr - ₹21.3 L/yr 21% less
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Axis Bank Regional Credit Manager Salary 10 - 15 years exp. (5 salaries)	₹17.6 L/yr - ₹24 L/yr 9% more
Kotak Mahindra Bank Regional Credit Manager Salary 10 - 16 years exp. (7 salaries)	₹16.4 L/yr - ₹27 L/yr 26% more
Tata Capital Regional Credit Manager Salary 10 - 20 years exp. (14 salaries)	₹20 L/yr - ₹32.5 L/yr 21% more	2 job openings
Aditya Birla Finance Regional Credit Manager Salary 9 - 15 years exp. (8 salaries)	₹12.8 L/yr - ₹25.7 L/yr 6% less
Sammaan Capital Limited Regional Credit Manager Salary 7 - 14 years exp. (10 salaries)	₹10.7 L/yr - ₹20.4 L/yr 10% less
Mahindra Finance Regional Credit Manager Salary 10 - 18 years exp. (7 salaries)	₹13 L/yr - ₹31 L/yr 8% more
Poonawalla Fincorp Regional Credit Manager Salary 8 - 10 years exp. (4 salaries)	₹23 L/yr - ₹25.5 L/yr 25% more
PNB Housing Finance Regional Credit Manager Salary 14 - 17 years exp. (3 salaries)	₹24.1 L/yr - ₹30.9 L/yr 22% more

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 in Mumbai

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)	₹17.9 L/yr - ₹22.8 L/yr
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹22.9 L/yr
13 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.1 L/yr
14 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
15+ years (3 salaries)	₹8.2 L/yr - ₹22.5 L/yr

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Similar Designation salaries in Muthoot Finance

Credit Manager Salary

(12 salaries)

₹3.5 L/yr - ₹6 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

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

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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Muthoot Finance Regional Credit Manager Salary FAQs

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

Regional Credit Manager salary at Muthoot Finance in Mumbai ranges between ₹19.5 Lakhs to ₹22.5 Lakhs for experience between 8 years to 19 years. According to our estimates it is 2% 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 Mumbai.

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

The average salary of a Regional Credit Manager at Muthoot Finance is 2% more than the average salary of a Regional Credit Manager in Mumbai. 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 Mumbai.

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

HDFC Bank Regional Credit Manager Salary - ₹28.5 Lakhs to ₹51.0 Lakhs per year
Kotak Mahindra Bank Regional Credit Manager Salary - ₹16.4 Lakhs to ₹27.0 Lakhs per year
Poonawalla Fincorp Regional Credit Manager Salary - ₹23.0 Lakhs to ₹25.5 Lakhs per year
PNB Housing Finance Regional Credit Manager Salary - ₹24.1 Lakhs to ₹30.9 Lakhs per year
Tata Capital Regional Credit Manager Salary - ₹20.0 Lakhs to ₹32.5 Lakhs per year

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

Axis Bank Regional Credit Manager Salary - ₹17.6 Lakhs to ₹24.0 Lakhs per year
Mahindra Finance Regional Credit Manager Salary - ₹13.0 Lakhs to ₹31.0 Lakhs per year
Aditya Birla Finance Regional Credit Manager Salary - ₹12.8 Lakhs to ₹25.7 Lakhs per year
Sammaan Capital Limited Regional Credit Manager Salary - ₹10.7 Lakhs to ₹20.4 Lakhs per year
ICICI Bank Regional Credit Manager Salary - ₹7.5 Lakhs to ₹21.3 Lakhs per year

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

The estimated take-home salary of a Regional Credit Manager at Muthoot Finance ranges between ₹1,32,406 per month to ₹1,37,256 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 100% of the Muthoot Finance Regional Credit Managers in Mumbai 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 Regional Credit Manager Salaries in Mumbai

Muthoot Finance Regional Credit Manager salary in Mumbai 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.