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Muthoot Fincorp Branch Credit Manager salaries in India (Updated 2025)

Annual salary range
0 - 12 years exp.
₹2.7 Lakhs - ₹7 Lakhs
Salary of majority employees
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10% less than the average Branch Credit Manager Salary in NBFC Companies for 0 - 12 years of experience

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Salaries in different departments

Finance & Accounting
Branch Credit Manager Salary
0 - 12 years exp. (27 salaries)
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₹2.7 L/yr - ₹6.5 L/yr

Risk Management & Compliance
Branch Credit Manager Salary
3 - 12 years exp. (8 salaries)
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₹3.2 L/yr - ₹6.2 L/yr

BFSI, Investments & Trading
Branch Credit Manager Salary
4 - 11 years exp. (6 salaries)
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₹4.3 L/yr - ₹7 L/yr

Customer Success, Service & Operations
Branch Credit Manager Salary
5 - 10 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.7 L/yr

Last Updated: 16 Mar 2025

Companies similar to Muthoot Fincorp for Branch Credit Manager

Company name Avg Annual Salary Open Jobs
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SMFG India Credit Branch Credit Manager Salary

1 - 11 years exp. (245 salaries)

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₹1.9 L/yr - ₹9.3 L/yr

arrow icon 2% more
1 job opening
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PNB Housing Finance Branch Credit Manager Salary

2 - 10 years exp. (209 salaries)

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₹4.5 L/yr - ₹12.6 L/yr

arrow icon 70% more
2 job openings
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₹3 L/yr - ₹8 L/yr

arrow icon 23% more
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Muthoot Microfin Branch Credit Manager Salary

0 - 6 years exp. (162 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 45% less
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₹1.5 L/yr - ₹5 L/yr

arrow icon 34% less
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₹2.1 L/yr - ₹7.8 L/yr

arrow icon 1% more
2 job openings
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Aavas Financiers Branch Credit Manager Salary

2 - 11 years exp. (74 salaries)

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₹3.5 L/yr - ₹7.8 L/yr

arrow icon 20% more
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₹3 L/yr - ₹5.4 L/yr

arrow icon 13% less
2 job openings
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IIFL Finance Branch Credit Manager Salary

1 - 6 years exp. (56 salaries)

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₹1.8 L/yr - ₹6.9 L/yr

arrow icon 33% less
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₹3.1 L/yr - ₹8 L/yr

arrow icon 10% more
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₹4.4 L/yr - ₹10 L/yr

arrow icon 36% more
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Manappuram Finance Branch Credit Manager Salary

0 - 10 years exp. (34 salaries)

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₹2.8 L/yr - ₹6 L/yr

arrow icon 16% less
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₹3 L/yr - ₹5.5 L/yr

arrow icon 18% less
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Shriram Finance Branch Credit Manager Salary

2 - 10 years exp. (31 salaries)

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₹2.4 L/yr - ₹6.1 L/yr

arrow icon 17% less
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Ugro Capital Branch Credit Manager Salary

0 - 8 years exp. (30 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 3% more
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₹3 L/yr - ₹7.5 L/yr

arrow icon 7% less
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Mahindra Finance Branch Credit Manager Salary

6 - 10 years exp. (10 salaries)

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₹4 L/yr - ₹7.1 L/yr

arrow icon 11% less
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₹2.9 L/yr - ₹5.5 L/yr

arrow icon 16% less
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₹2.5 L/yr - ₹3.5 L/yr

arrow icon 45% less
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₹2.7 L/yr - ₹3.6 L/yr

arrow icon 38% less
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Branch Credit Manager salary at Muthoot Fincorp ranges between ₹2.7 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 55 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Branch Credit Manager

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Experience wise Muthoot Fincorp Branch Credit Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
Fresher  (4 salaries)

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₹2.7 L/yr - ₹5.3 L/yr
1 year  (3 salaries)

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₹3 L/yr - ₹4.5 L/yr
2 years  (4 salaries)

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₹3.7 L/yr - ₹6 L/yr
3 years  (3 salaries)

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₹2.7 L/yr - ₹8.3 L/yr
4 years  (8 salaries)

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₹2.7 L/yr - ₹5 L/yr
View all

Similar Designation salaries in Muthoot Fincorp

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₹2.2 L/yr - ₹9 L/yr
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₹26.5 L/yr - ₹33 L/yr
Branch Manager Salary
(739 salaries)
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₹1.25 L/yr - ₹6.35 L/yr
Credit Manager Salary
(40 salaries)
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₹3 L/yr - ₹7.5 L/yr
Cluster Credit Manager Salary
(AmbitionBox Estimate)
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₹9.8 L/yr - ₹12.5 L/yr
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₹2.85 L/yr - ₹4 L/yr
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₹2.9 L/yr - ₹3.6 L/yr
Chief Manager Salary
(AmbitionBox Estimate)
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₹8.4 L/yr - ₹10.7 L/yr
Sales Manager Salary
(61 salaries)
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₹3 L/yr - ₹6.8 L/yr
Credit Officer Salary
(164 salaries)
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₹1.3 L/yr - ₹4 L/yr

Top skills at Muthoot Fincorp for Branch Credit Manager

Credit Underwriting Credit Assessment Credit Appraisal Credit Processing Credit Monitoring Dentistry CAM Credit Management Credit Risk Disbursement Power Projects Credit Underwriting Business Loan housing loan Credit Assessment

Salary related reviews for Muthoot Fincorp

4.2

Rated by 54 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 22 Nov 2024

3.0
 for  Salary and Benefits

Likes

Fix office timing and supportive staff

  • Skill development - Good
  • +1 more

Dislikes

... business targets, fostering customer relationships, and mentoring team members. However, I wish to highlight a concern regarding the disparity in salary increments and promotion benefits between vintage staff and newly recruited employees. Over the years, I have observed that long-serving employees, despite their proven track records and dedication, often receive comparatively modest increments during promotions. In contrast, newly recruited staff members are offered higher starting salaries and enjoy more substantial increments as they progress. This practice can sometimes lead to feelings of undervaluation among vintage staff, who have consistently demonstrated loyalty, expertise, and a deep understanding of the organization’s values and processes. It may also impact overall motivation and morale, as the efforts of long-term employees appear to be less recognized in monetary terms compared to newcomers. I believe Muthoot Fincorp values its employees and strives for fairness in its policies. Therefore, I would like to suggest that the organization considers implementing a more balanced approach to increments and promotions, taking into account both tenure and performance. This would not only enhance the morale of long-serving employees but also reinforce their commitment to the company's continued success. Thank you for providing this platform to share feedback. I trust that the management will give due consideration to this matter and take steps to ensure a fair and equitable workplace for all.

read more

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.

read more
  • Salary - Good
  • +6 more

Dislikes

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

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

  • Skill development - Excellent
  • +4 more

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.

read more
  • Salary - Poor

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.

read more
  • Salary - Good
  • +6 more

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.

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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

read more
  • Salary - Good
  • +6 more

Dislikes

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

read more
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Muthoot Fincorp Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Muthoot Fincorp ?
The average salary of a Branch Credit Manager at Muthoot Fincorp in India typically ranges from ₹2.7 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 12 years).

The top 10% of Branch Credit Manager at Muthoot Fincorp earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹7.0 Lakhs per year. Branch Credit Manager Salaries at Muthoot Fincorp 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 50+ Muthoot Fincorp employees in India.
What is the estimated take home salary of a Branch Credit Manager at Muthoot Fincorp in India?
The estimated take-home salary of a Branch Credit Manager at Muthoot Fincorp in India typically ranges from ₹36,184 to ₹37,406 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 12 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 50+ salaries received from various employees of Muthoot Fincorp. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Branch Credit Manager at Muthoot Fincorp ?
To be a Branch Credit Manager at Muthoot Fincorp in india, the key skills required include:

  • - Credit Underwriting
  • - Credit Assessment
  • - Credit Appraisal
  • - Credit Processing
  • - Credit Monitoring

These skills are highly valued at Muthoot Fincorp and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Fincorp for Branch Credit Manager in India?
Kotak Mahindra Prime ₹4.9 Lakhs to ₹10.0 Lakhs per year
PNB Housing Finance ₹4.5 Lakhs to ₹12.6 Lakhs per year
Tata Capital Housing Finance ₹4.4 Lakhs to ₹10.0 Lakhs per year
Poonawalla Fincorp ₹3.5 Lakhs to ₹11.0 Lakhs per year
Sammaan Capital Limited ₹3.0 Lakhs to ₹8.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Fincorp, depending on the role and experience level.
What is the salary of a Branch Credit Manager in companies similar to Muthoot Fincorp in India?
The salary of a Branch Credit Manager at companies similar to Muthoot Fincorp in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aavas Financiers ₹3.5 Lakhs to ₹7.8 Lakhs per year
Sundaram Finance ₹4.0 Lakhs to ₹7.0 Lakhs per year
Capri Global Capital ₹3.1 Lakhs to ₹8.0 Lakhs per year
TVS Credit ₹4.8 Lakhs to ₹5.5 Lakhs per year
Ugro Capital ₹3.0 Lakhs to ₹6.7 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 Branch Credit Manager at Muthoot Fincorp in India?
The salary growth for a Branch Credit Manager at Muthoot Fincorp depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager can expect the following growth trajectory at Muthoot Fincorp:

Experience Average Salary Range
Fresher ₹2.7 Lakhs to ₹5.3 Lakhs per year
1 year ₹3.0 Lakhs to ₹4.5 Lakhs per year
2 years ₹3.7 Lakhs to ₹6.0 Lakhs per year
3 years ₹2.7 Lakhs to ₹8.3 Lakhs per year
and so on.

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Muthoot Fincorp Branch Credit Manager salary in India ranges between ₹2.7 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 55 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.