Muthoot Finance State Head Credit Salaries by 4 Employees (Updated 2025)

10 - 18 years exp.

₹10 Lakhs - ₹12.4 Lakhs

Low Confidence

Salary of majority employees

33% less than the average State Head Credit Salary in NBFC Companies for 10 - 18 years of experience

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Last Updated: 16 Sep 2024

Companies similar to Muthoot Finance for State Head Credit

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance State Head Credit Salary 14 - 25 years exp. (4 salaries)	₹10.6 L/yr - ₹14.1 L/yr 5% more
Shriram Finance State Head Credit Salary 7 - 18 years exp. (3 salaries)	₹21 L/yr - ₹35 L/yr 129% more
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Tata Capital State Head Credit Salary 14 - 17 years exp. (3 salaries)	₹19.2 L/yr - ₹23 L/yr 76% more
Mahindra Rural Housing Finance State Head Credit Salary 4 - 19 years exp. (12 salaries)	₹10.5 L/yr - ₹26 L/yr 56% more
PNB Housing Finance State Head Credit Salary 14 - 19 years exp. (7 salaries)	₹17.6 L/yr - ₹33.3 L/yr 115% more
IIFL Finance State Head Credit Salary 7 - 12 years exp. (4 salaries)	₹14 L/yr - ₹20.5 L/yr 48% more
Poonawalla Fincorp State Head Credit Salary 4 - 14 years exp. (3 salaries)	₹12.5 L/yr - ₹18 L/yr 37% more

State Head Credit salary at Muthoot Finance ranges between ₹10 Lakhs to ₹12.4 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Finance.

Experience wise Muthoot Finance State Head Credit salaries

Last Updated: 16 Sep 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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15+ years (3 salaries)	₹11.2 L/yr - ₹14.3 L/yr

Similar Designation salaries in Muthoot Finance

Sales Officer Salary

(23 salaries)

₹1.8 L/yr - ₹3.4 L/yr

Branch Manager Salary

(563 salaries)

₹1.8 L/yr - ₹7.5 L/yr

Deputy Manager Salary

(84 salaries)

₹3.6 L/yr - ₹8.9 L/yr

Chief Manager Salary

(12 salaries)

₹8.65 L/yr - ₹14.25 L/yr

Associate Vice President Salary

(AmbitionBox Estimate)

₹28.8 L/yr - ₹36.8 L/yr

Credit Analyst Salary

(4 salaries)

₹2.3 L/yr - ₹3.75 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Credit Manager Salary

(74 salaries)

₹3 L/yr - ₹7.2 L/yr

Officer Salary

(4 salaries)

₹1.5 L/yr - ₹2.22 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

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Muthoot Finance State Head Credit Salary FAQs

What is the salary of State Head Credit at Muthoot Finance?

State Head Credit salary at Muthoot Finance in India ranges between ₹10.0 Lakhs to ₹12.4 Lakhs for experience between 10 years to 18 years. According to our estimates it is 33% less than the average State Head 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 State Head Credit at Muthoot Finance India compare with the average salary range for this job?

The average salary of a State Head Credit at Muthoot Finance is 33% less than the average salary of a State Head Credit in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Finance to a State Head Credit in India?

Shriram Finance State Head Credit Salary - ₹21.0 Lakhs to ₹35.0 Lakhs per year
PNB Housing Finance State Head Credit Salary - ₹17.6 Lakhs to ₹33.3 Lakhs per year
Tata Capital State Head Credit Salary - ₹19.2 Lakhs to ₹23.0 Lakhs per year
Mahindra Rural Housing Finance State Head Credit Salary - ₹10.5 Lakhs to ₹26.0 Lakhs per year
IIFL Finance State Head Credit Salary - ₹14.0 Lakhs to ₹20.5 Lakhs per year

What is the salary of a State Head Credit in companies similar to Muthoot Finance in India?

Poonawalla Fincorp State Head Credit Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
Manappuram Finance State Head Credit Salary - ₹10.6 Lakhs to ₹14.1 Lakhs per year

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

The estimated take-home salary of a State Head Credit at Muthoot Finance ranges between ₹84,019 per month to ₹86,215 per month in India. The take-home salary calculation is based on the average Muthoot Finance State Head Credit salary in India which ranges between ₹10.0 Lakhs to ₹12.4 Lakhs per year for employees with experience between 10 years to 18 years. Check how did we calculate take home salary?

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Muthoot Finance State Head Credit Salaries

Muthoot Finance State Head Credit salary in India ranges between ₹10 Lakhs to ₹12.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Finance latest salaries received from various employees of Muthoot Finance.

Muthoot Finance State Head Credit salaries in India

Companies similar to Muthoot Finance for State Head Credit

Latest annual salaries shared by Muthoot Finance State Head Credit

Experience wise Muthoot Finance State Head Credit salaries

Similar Designation salaries in Muthoot Finance

Salary related reviews for Muthoot Finance

Deputy Manager in Rae Bareli

Branch Manager in New Delhi

Deputy Manager in Bhubaneswar

Branch Manager in Bhubaneswar

Branch Manager in Bhuj

Muthoot Finance State Head Credit Salary FAQs

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