Muthoot Fincorp Branch Credit Manager Salaries by 50+ Employees (Updated 2025)

0 - 12 years exp.

₹2.7 Lakhs - ₹7.6 Lakhs

Salary of majority employees

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11% 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. (29 salaries)	Unlock ₹2.7 L/yr - ₹7.6 L/yr
Risk Management & Compliance Branch Credit Manager Salary 3 - 12 years exp. (8 salaries)	Unlock ₹3.2 L/yr - ₹6.2 L/yr
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BFSI, Investments & Trading Branch Credit Manager Salary 4 - 11 years exp. (6 salaries)	Unlock ₹4.3 L/yr - ₹7 L/yr
Customer Success, Service & Operations Branch Credit Manager Salary 5 - 10 years exp. (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹6.7 L/yr

Last Updated: 1 Mar 2025

Companies similar to Muthoot Fincorp for Branch Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Branch Credit Manager Salary 3 - 9 years exp. (164 salaries)	Unlock ₹3 L/yr - ₹8.6 L/yr 39% more
HDFC Bank Branch Credit Manager Salary 2 - 11 years exp. (34 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 55% more
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ICICI Bank Branch Credit Manager Salary 1 - 11 years exp. (378 salaries)	Unlock ₹3.4 L/yr - ₹13 L/yr 69% more
Axis Bank Branch Credit Manager Salary 5 - 12 years exp. (14 salaries)	Unlock ₹6.5 L/yr - ₹10.8 L/yr 76% more
Kotak Mahindra Bank Branch Credit Manager Salary 0 - 7 years exp. (20 salaries)	Unlock ₹4.9 L/yr - ₹9.5 L/yr 61% more
HDB Financial Services Branch Credit Manager Salary 0 - 13 years exp. (561 salaries)	Unlock ₹2 L/yr - ₹7.8 L/yr 7% more	7 job openings
Cholamandalam Investment & Finance Branch Credit Manager Salary 3 - 13 years exp. (318 salaries)	Unlock ₹3 L/yr - ₹11.4 L/yr 33% more
SMFG India Credit Branch Credit Manager Salary 1 - 11 years exp. (248 salaries)	Unlock ₹1.9 L/yr - ₹9.3 L/yr 2% more	1 job opening
PNB Housing Finance Branch Credit Manager Salary 2 - 10 years exp. (199 salaries)	Unlock ₹4.5 L/yr - ₹12.6 L/yr 74% more
Sammaan Capital Limited Branch Credit Manager Salary 2 - 10 years exp. (182 salaries)	Unlock ₹3 L/yr - ₹8 L/yr 24% more	1 job opening
Muthoot Microfin Branch Credit Manager Salary 0 - 6 years exp. (157 salaries)	Unlock ₹1.8 L/yr - ₹3.5 L/yr 44% less
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Bharat Financial Inclusion Branch Credit Manager Salary 0 - 6 years exp. (156 salaries)	Unlock ₹1.5 L/yr - ₹5 L/yr 33% less
Mahindra Rural Housing Finance Branch Credit Manager Salary 1 - 10 years exp. (130 salaries)	Unlock ₹2.1 L/yr - ₹7.5 L/yr 2% more	1 job opening
Bajaj Finance Branch Credit Manager Salary 4 - 10 years exp. (122 salaries)	Unlock ₹3.2 L/yr - ₹8.2 L/yr 31% more
Aavas Financiers Branch Credit Manager Salary 1 - 11 years exp. (87 salaries)	Unlock ₹3.5 L/yr - ₹7.9 L/yr 27% more
IIFL Finance Branch Credit Manager Salary 1 - 6 years exp. (57 salaries)	Unlock ₹1.8 L/yr - ₹7.7 L/yr 33% less
Capri Global Capital Branch Credit Manager Salary 1 - 8 years exp. (53 salaries)	Unlock ₹3.1 L/yr - ₹8 L/yr 11% more
Tata Capital Housing Finance Branch Credit Manager Salary 5 - 11 years exp. (38 salaries)	Unlock ₹4.4 L/yr - ₹10 L/yr 48% more
Manappuram Finance Branch Credit Manager Salary 0 - 10 years exp. (35 salaries)	Unlock ₹2.5 L/yr - ₹5.5 L/yr 17% less
CreditAccess Grameen Branch Credit Manager Salary 2 - 11 years exp. (33 salaries)	Unlock ₹3 L/yr - ₹5.5 L/yr 18% less

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Branch Credit Manager salary at Muthoot Fincorp ranges between ₹2.7 Lakhs to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 57 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp Branch Credit Manager

5d ago

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4 years exp.

1w ago

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10 years exp.

2w ago

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6 years exp.

3w ago

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2 years exp.

3w ago

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1 year exp.

1mo ago

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6 years exp.

1mo ago

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8 years exp.

1mo ago

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7 years exp.

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10 years exp.

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6 years exp.

Experience wise Muthoot Fincorp Branch Credit Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	Unlock ₹2.7 L/yr - ₹5.3 L/yr
1 year (3 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr
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2 years (4 salaries)	Unlock ₹3.7 L/yr - ₹6 L/yr
3 years (3 salaries)	Unlock ₹2.7 L/yr - ₹8.2 L/yr
4 years (8 salaries)	Unlock ₹2.7 L/yr - ₹5 L/yr
5 years (5 salaries)	Unlock ₹4.3 L/yr - ₹5.5 L/yr
6 years (10 salaries)	Unlock ₹4 L/yr - ₹7.6 L/yr
7 years (6 salaries)	Unlock ₹3.5 L/yr - ₹6.5 L/yr
8 years (8 salaries)	Unlock ₹3.5 L/yr - ₹6.5 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr
10 years (3 salaries)	Unlock ₹2 L/yr - ₹6.7 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹7 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹2.1 L/yr - ₹6.2 L/yr

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Similar Designation salaries in Muthoot Fincorp

Area Credit Manager Salary

(7 salaries)

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₹2.2 L/yr - ₹9 L/yr

Zonal Credit Manager Salary

(5 salaries)

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₹26.5 L/yr - ₹33 L/yr

Branch Manager Salary

(726 salaries)

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₹1.8 L/yr - ₹6.35 L/yr

Credit Manager Salary

(40 salaries)

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₹3 L/yr - ₹8.75 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

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₹9.8 L/yr - ₹12.5 L/yr

Assistant Credit Manager Salary

(4 salaries)

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₹2.85 L/yr - ₹4 L/yr

Senior Credit Officer Salary

(3 salaries)

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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

(165 salaries)

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₹1.7 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 53 employees for salary & benefits

Branch Manager in Agra

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.

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.

Salary - Good

+6 more

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

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.

Salary - Poor

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.

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.

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

Salary - Good

+6 more

Dislikes

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

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Salary Discussions, Hike & Promotions

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Muthoot Fincorp Branch Credit Manager Salary FAQs

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

Branch Credit Manager salary at Muthoot Fincorp in India ranges between ₹2.7 Lakhs to ₹7.6 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 11% less than the average Branch Credit Manager Salary in India. Salary estimates are based on 57 latest salaries received from various employees of Muthoot Fincorp India.

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

The average salary of a Branch Credit Manager at Muthoot Fincorp is 11% less than the average salary of a Branch Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Credit Manager at Muthoot Fincorp?

Credit Underwriting, Credit Assessment, Credit Appraisal, Credit Processing and Credit Monitoring are some of the popular skills required to work as a Branch Credit Manager at Muthoot Fincorp India.

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

Kotak Mahindra Prime Branch Credit Manager Salary - ₹7.0 Lakhs to ₹10.0 Lakhs per year
Axis Bank Branch Credit Manager Salary - ₹6.5 Lakhs to ₹10.8 Lakhs per year
PNB Housing Finance Branch Credit Manager Salary - ₹4.5 Lakhs to ₹12.6 Lakhs per year
ICICI Bank Branch Credit Manager Salary - ₹3.4 Lakhs to ₹13.0 Lakhs per year
Kotak Mahindra Bank Branch Credit Manager Salary - ₹4.9 Lakhs to ₹9.5 Lakhs per year

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

HDFC Bank Branch Credit Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Tata Capital Housing Finance Branch Credit Manager Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year
Edelweiss Branch Credit Manager Salary - ₹4.6 Lakhs to ₹9.5 Lakhs per year
Bajaj Finserv Branch Credit Manager Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year
Cholamandalam Investment & Finance Branch Credit Manager Salary - ₹3.0 Lakhs to ₹11.4 Lakhs per year

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 ranges between ₹35,828 per month to ₹37,055 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp Branch Credit Manager salary in India which ranges between ₹2.7 Lakhs to ₹7.6 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 63% of the Muthoot Fincorp Branch Credit Managers reported a notice period of 3 Months, 21% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 94 responses on AmbitionBox in last 2 years.

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Muthoot Fincorp Branch Credit Manager Salaries by Location

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Muthoot Fincorp Branch Credit Manager Salaries

Muthoot Fincorp Branch Credit Manager salary in India ranges between ₹2.7 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 57 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.

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

Companies similar to Muthoot Fincorp for Branch Credit Manager

Latest annual salaries shared by Muthoot Fincorp Branch Credit Manager

Experience wise Muthoot Fincorp Branch Credit Manager salaries

Similar Designation salaries in Muthoot Fincorp

Top skills at Muthoot Fincorp for Branch Credit Manager

Salary related reviews for Muthoot Fincorp

Branch Manager in Agra

Branch Manager in Patna

Branch Manager in New Delhi

Branch Manager in Sulur

Branch Manager in Kothagudem

Muthoot Fincorp Branch Credit Manager Salary FAQs

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Muthoot Fincorp Branch Credit Manager Salaries by Location