Muthoot Fincorp Area Credit Manager Salaries by 7 Employees (Updated 2024)

2 - 11 years exp.

₹2.2 Lakhs - ₹9 Lakhs

Low Confidence

Salary of majority employees

46% less than the average Area Credit Manager Salary in NBFC Companies for 2 - 11 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 2 - 10 years exp. (3 salaries)	₹2.5 L/yr - ₹9 L/yr
BFSI, Investments & Trading Area Credit Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.5 L/yr
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Risk Management & Compliance Area Credit Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.9 L/yr

Last Updated: 16 Mar 2023

Companies similar to Muthoot Fincorp for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Area Credit Manager Salary 2 - 12 years exp. (86 salaries)	₹4.4 L/yr - ₹15.2 L/yr 56% more
Shriram Finance Area Credit Manager Salary 6 - 10 years exp. (18 salaries)	₹10 L/yr - ₹21 L/yr 132% more
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Mahindra Finance Area Credit Manager Salary 7 - 10 years exp. (7 salaries)	₹5.5 L/yr - ₹14 L/yr 44% more
Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (227 salaries)	₹4.8 L/yr - ₹17.5 L/yr 84% more
L&T Finance Area Credit Manager Salary 3 - 13 years exp. (139 salaries)	₹6 L/yr - ₹22 L/yr 111% more
HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (237 salaries)	₹5.3 L/yr - ₹18 L/yr 74% more	1 job opening
Reliance Capital Area Credit Manager Salary 6 - 14 years exp. (7 salaries)	₹8.9 L/yr - ₹19 L/yr 145% more
Edelweiss Area Credit Manager Salary 3 - 11 years exp. (42 salaries)	₹7.3 L/yr - ₹19 L/yr 79% more
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (159 salaries)	₹8 L/yr - ₹30 L/yr 205% more	26 job openings
Poonawalla Fincorp Area Credit Manager Salary 5 - 12 years exp. (204 salaries)	₹5.2 L/yr - ₹19.5 L/yr 72% more	3 job openings
Aavas Financiers Area Credit Manager Salary 4 - 15 years exp. (83 salaries)	₹5 L/yr - ₹12 L/yr 49% more
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Sammaan Capital Limited Area Credit Manager Salary 5 - 15 years exp. (49 salaries)	₹5.1 L/yr - ₹15.1 L/yr 62% more
PNB Housing Finance Area Credit Manager Salary 4 - 10 years exp. (50 salaries)	₹9 L/yr - ₹22 L/yr 130% more	1 job opening
SMFG India Credit Area Credit Manager Salary 4 - 13 years exp. (41 salaries)	₹6 L/yr - ₹21.6 L/yr 99% more
Mahindra Rural Housing Finance Area Credit Manager Salary 6 - 15 years exp. (37 salaries)	₹5.6 L/yr - ₹15 L/yr 42% more
Capri Global Capital Area Credit Manager Salary 5 - 15 years exp. (33 salaries)	₹7.5 L/yr - ₹12 L/yr 54% more
Muthoot Microfin Area Credit Manager Salary 2 - 9 years exp. (33 salaries)	₹2 L/yr - ₹5.5 L/yr 44% less
IIFL Finance Area Credit Manager Salary 3 - 10 years exp. (28 salaries)	₹5.2 L/yr - ₹17.5 L/yr 70% more
Tata Capital Housing Finance Area Credit Manager Salary 4 - 16 years exp. (19 salaries)	₹11 L/yr - ₹17.2 L/yr 142% more
SK Finance Limited Area Credit Manager Salary 5 - 13 years exp. (19 salaries)	₹4.8 L/yr - ₹9.6 L/yr 11% more

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Area Credit Manager salary at Muthoot Fincorp ranges between ₹2.2 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Fincorp.

Experience wise Muthoot Fincorp Area Credit Manager salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹9.6 L/yr
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹10.4 L/yr
5 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
10 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹9 L/yr
11 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹7.9 L/yr

View all

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Salary related reviews for Muthoot Fincorp

3.0

Rated by 1 employees for salary & benefits

Branch Manager in Patna

Full Time

Sales & Business Development Department

4.0

• posted on 07 Nov 2024

4.0

for Salary and Benefits

Likes

Work environment is good. Work life balance is good. Salary is satisfying and seniors are supportive. Best for career oriented person.

Dislikes

Monday to Saturday office. Less festival leave like in deepawali and chath pooja.

Branch Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 07 Nov 2024

2.0

for Salary and Benefits

Likes

MFL is giving opportunities to show your hidden talent like blue waves

Dislikes

Salary structure is not good , i am working since 2015 but there is no enhancement like other NBFC nd Bank 's salary structure.no advantage for vintage staff even new staff getting nyc salary package.

Branch Manager in Sulur

Full Time

Other Department

4.0

• posted on 02 Sep 2024

4.0

for Salary and Benefits

Likes

Salary COVID period also credited on time.public service low interest launch in every year for the new customer.new customer gifts we are providing mostly.

Dislikes

COVID period I am pregnancy in 8th month.that time I am suffer COVID symptom.but they are not even given a single day leave. I manage and put a hard work in that time.no increment my survey period.

Branch Manager in Kothagudem

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Apr 2020

4.0

for Salary and Benefits

Likes

It's a family feeling while working with our company. we are receiving calls from our higher officers and this time not for targets but asking about health conditions and suggesting about precautions to be taken.. Feeling good

Dislikes

Nothing, but ya little disappointment about salary increments. Of course it's based on performance even though.....

Branch Manager in Degana

Gold Loan Department

2.0

• posted on 20 Apr 2022

1.0

for Salary and Benefits

Likes

Not Job Security there work culture is not good as a professional management is only one sided the don't want to hear other side always and for resignee employee they will not gave a salary for full notice period and after relieve the also take approximately 3-4 months for full and final settlement. How a employee can manage for 3 months without salary.

Dislikes

Nothing is to like there.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Muthoot Fincorp Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Muthoot Fincorp?

Area Credit Manager salary at Muthoot Fincorp in India ranges between ₹2.2 Lakhs to ₹9.0 Lakhs for experience between 2 years to 11 years. According to our estimates it is 46% less than the average Area Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Fincorp India.

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

The average salary of a Area Credit Manager at Muthoot Fincorp is 46% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Muthoot Fincorp to a Area Credit Manager in India?

Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Reliance Capital Area Credit Manager Salary - ₹8.9 Lakhs to ₹19.0 Lakhs per year
Tata Capital Housing Finance Area Credit Manager Salary - ₹11.0 Lakhs to ₹17.2 Lakhs per year
Shriram Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
PNB Housing Finance Area Credit Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year

What is the salary of a Area Credit Manager in companies similar to Muthoot Fincorp in India?

Kotak Mahindra Prime Area Credit Manager Salary - ₹7.0 Lakhs to ₹15.3 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹22.0 Lakhs per year
SMFG India Credit Area Credit Manager Salary - ₹6.0 Lakhs to ₹21.6 Lakhs per year
Cholamandalam Investment & Finance Area Credit Manager Salary - ₹4.8 Lakhs to ₹17.5 Lakhs per year
Edelweiss Area Credit Manager Salary - ₹7.3 Lakhs to ₹19.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Muthoot Fincorp ranges between ₹47,894 per month to ₹49,028 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Area Credit Manager salary in India which ranges between ₹2.2 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Muthoot Fincorp?

According to AmbitionBox, 100% of the Muthoot Fincorp Area Credit Managers reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Area Credit Manager Salaries

Muthoot Fincorp Area Credit Manager salary in India ranges between ₹2.2 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.