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

4 - 11 years exp.

₹5 Lakhs - ₹12.7 Lakhs

Low Confidence

Salary of majority employees

42% less than the average Senior Manager Credit Salary in NBFC Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹11.4 L/yr - ₹14 L/yr
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Finance & Accounting Senior Manager Credit Salary 4 - 9 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.2 L/yr

Last Updated: 9 Feb 2024

Companies similar to Muthoot Finance for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹7.8 L/yr - ₹11.7 L/yr 8% more
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (3 salaries)	₹6.5 L/yr - ₹10.1 L/yr 19% more
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Bajaj Finance Senior Manager Credit Salary 3 - 6 years exp. (5 salaries)	₹5 L/yr - ₹12.5 L/yr 21% more
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (313 salaries)	₹6 L/yr - ₹21 L/yr 75% more	1 job opening
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (152 salaries)	₹7 L/yr - ₹22.8 L/yr 89% more
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (117 salaries)	₹10 L/yr - ₹26.9 L/yr 104% more
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 11 years exp. (387 salaries)	₹7 L/yr - ₹16 L/yr 57% more
Tata Capital Senior Manager Credit Salary 4 - 10 years exp. (17 salaries)	₹8.3 L/yr - ₹21.8 L/yr 60% more
Aditya Birla Finance Senior Manager Credit Salary 3 - 10 years exp. (41 salaries)	₹8.5 L/yr - ₹27.3 L/yr 100% more
SMFG India Credit Senior Manager Credit Salary 6 - 15 years exp. (99 salaries)	₹6.1 L/yr - ₹19.5 L/yr 45% more
Aavas Financiers Senior Manager Credit Salary 5 - 12 years exp. (18 salaries)	₹5.2 L/yr - ₹15 L/yr 25% more
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L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (17 salaries)	₹8 L/yr - ₹24.3 L/yr 79% more
Kotak Mahindra Prime Senior Manager Credit Salary 0 - 12 years exp. (14 salaries)	₹7.5 L/yr - ₹14.5 L/yr 44% more
TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 112% more
Muthoot Fincorp Senior Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹6 L/yr - ₹6.5 L/yr 18% less
Capri Global Capital Senior Manager Credit Salary 5 - 7 years exp. (5 salaries)	₹11 L/yr - ₹16.5 L/yr 48% more
PNB Housing Finance Senior Manager Credit Salary 8 - 9 years exp. (5 salaries)	₹10.4 L/yr - ₹16 L/yr 72% more
Poonawalla Fincorp Senior Manager Credit Salary 1 - 11 years exp. (5 salaries)	₹8.4 L/yr - ₹17 L/yr 58% more
IIFL Finance Senior Manager Credit Salary 1 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.4 L/yr 15% more
Mahindra Finance Senior Manager Credit Salary 0 - 7 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr 75% more

View all

Senior Manager Credit salary at Muthoot Finance ranges between ₹5 Lakhs to ₹12.7 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance Senior Manager Credit salaries

Last Updated: 9 Feb 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
9 years (AmbitionBox Estimate)	₹5 L/yr - ₹16.8 L/yr
10 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹12.7 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12.7 L/yr

View all

Similar Designation salaries in Muthoot Finance

Senior Analyst Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Credit Manager Salary

(74 salaries)

₹3 L/yr - ₹7.2 L/yr

Deputy Manager Salary

(82 salaries)

₹3 L/yr - ₹9.6 L/yr

Chief Manager Salary

(11 salaries)

₹8.65 L/yr - ₹14.25 L/yr

Branch Manager Salary

(528 salaries)

₹1.8 L/yr - ₹7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹2.3 L/yr - ₹2.9 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Credit Analyst Salary

(4 salaries)

₹2.3 L/yr - ₹3.75 L/yr

Area Credit Manager Salary

(4 salaries)

₹3.3 L/yr - ₹10.1 L/yr

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

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

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.

Skill development - Excellent

+4 more

Dislikes

Salary is not as per expectation compared to other competitors companies.

Salary - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

fathersahaab

works at

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 Senior Manager Credit Salary FAQs

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

Senior Manager Credit salary at Muthoot Finance in India ranges between ₹5.0 Lakhs to ₹12.7 Lakhs for experience between 4 years to 11 years. According to our estimates it is 42% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance India.

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

The average salary of a Senior Manager Credit at Muthoot Finance is 42% less than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

Mahindra Rural Housing Finance Senior Manager Credit Salary - ₹9.0 Lakhs to ₹27.5 Lakhs per year
TVS Credit Senior Manager Credit Salary - ₹9.8 Lakhs to ₹20.4 Lakhs per year
Axis Bank Senior Manager Credit Salary - ₹10.0 Lakhs to ₹26.9 Lakhs per year
Sundaram Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
Aditya Birla Finance Senior Manager Credit Salary - ₹8.5 Lakhs to ₹27.3 Lakhs per year

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

ICICI Bank Senior Manager Credit Salary - ₹7.0 Lakhs to ₹22.8 Lakhs per year
L&T Finance Senior Manager Credit Salary - ₹8.0 Lakhs to ₹24.3 Lakhs per year
Mahindra Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹16.8 Lakhs per year
HDFC Bank Senior Manager Credit Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year
PNB Housing Finance Senior Manager Credit Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Muthoot Finance ranges between ₹57,947 per month to ₹59,406 per month in India. The take-home salary calculation is based on the average Muthoot Finance Senior Manager Credit salary in India which ranges between ₹5.0 Lakhs to ₹12.7 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the Muthoot Finance Senior Manager Credits reported a notice period of 15 days or less, 50% 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 Senior Manager Credit Salaries

Muthoot Finance Senior Manager Credit salary in India ranges between ₹5 Lakhs to ₹12.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.