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

Annual salary range
0 - 12 years exp.
₹2.7 Lakhs - ₹7.6 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)
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₹2.7 L/yr - ₹7.6 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: 1 Mar 2025

Companies similar to Muthoot Fincorp for Branch Credit Manager

Company name Avg Annual Salary Open Jobs
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Bajaj Finserv Branch Credit Manager Salary

3 - 9 years exp. (164 salaries)

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₹3 L/yr - ₹8.6 L/yr

arrow icon 39% more
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HDFC Bank Branch Credit Manager Salary

2 - 11 years exp. (34 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 55% more
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ICICI Bank Branch Credit Manager Salary

1 - 11 years exp. (345 salaries)

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₹3.4 L/yr - ₹13 L/yr

arrow icon 64% more
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Axis Bank Branch Credit Manager Salary

5 - 12 years exp. (14 salaries)

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₹6.5 L/yr - ₹10.8 L/yr

arrow icon 76% more
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₹4.9 L/yr - ₹9.5 L/yr

arrow icon 61% more
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₹2 L/yr - ₹7.8 L/yr

arrow icon 7% more
7 job openings
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₹3 L/yr - ₹11.4 L/yr

arrow icon 33% more
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SMFG India Credit Branch Credit Manager Salary

1 - 11 years exp. (148 salaries)

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₹1.9 L/yr - ₹9.3 L/yr

arrow icon 6% less
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PNB Housing Finance Branch Credit Manager Salary

2 - 10 years exp. (199 salaries)

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₹4.5 L/yr - ₹12.6 L/yr

arrow icon 74% more
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₹3 L/yr - ₹8 L/yr

arrow icon 24% more
1 job opening
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Muthoot Microfin Branch Credit Manager Salary

0 - 6 years exp. (157 salaries)

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₹1.8 L/yr - ₹3.5 L/yr

arrow icon 44% less
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₹1.5 L/yr - ₹5 L/yr

arrow icon 34% less
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₹2.1 L/yr - ₹7.5 L/yr

arrow icon 2% more
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Bajaj Finance Branch Credit Manager Salary

4 - 10 years exp. (121 salaries)

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₹3.2 L/yr - ₹8.2 L/yr

arrow icon 35% more
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Aavas Financiers Branch Credit Manager Salary

1 - 11 years exp. (87 salaries)

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₹3.5 L/yr - ₹7.9 L/yr

arrow icon 27% more
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IIFL Finance Branch Credit Manager Salary

1 - 6 years exp. (57 salaries)

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₹1.8 L/yr - ₹7.7 L/yr

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

arrow icon 11% more
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₹4.4 L/yr - ₹10 L/yr

arrow icon 48% more
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Manappuram Finance Branch Credit Manager Salary

0 - 10 years exp. (35 salaries)

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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 17% less
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₹3 L/yr - ₹5.5 L/yr

arrow icon 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

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Experience wise Muthoot Fincorp Branch Credit Manager salaries

Last Updated: 1 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 - ₹8.2 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
(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
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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
(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

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?
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?
  • 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
  • Kotak Mahindra Prime Branch Credit Manager Salary - ₹4.9 Lakhs to ₹10.0 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
  • Bajaj Finance Branch Credit Manager Salary - ₹3.2 Lakhs to ₹8.2 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.

Tell us how to improve this page.

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