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4.5

based on 6.6k Reviews

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Muthoot Fincorp State Credit Manager salaries in India

Annual salary range
11 - 16 years exp.
₹13.7 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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10% more than the average State Credit Manager Salary in NBFC Companies for 11 - 16 years of experience

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Last Updated: 10 Dec 2024

Companies similar to Muthoot Fincorp for State Credit Manager

Company name Avg Annual Salary Open Jobs
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Tata Capital State Credit Manager Salary

10 - 16 years exp. (4 salaries)

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₹10.5 L/yr - ₹16 L/yr

arrow icon 22% less
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SMFG India Credit State Credit Manager Salary

9 - 19 years exp. (36 salaries)

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₹9 L/yr - ₹26.2 L/yr

arrow icon 7% more
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Aavas Financiers State Credit Manager Salary

5 - 14 years exp. (19 salaries)

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₹12 L/yr - ₹18.4 L/yr

arrow icon 16% less
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IIFL Finance State Credit Manager Salary

11 - 25 years exp. (4 salaries)

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₹15 L/yr - ₹16.5 L/yr

arrow icon 4% less
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SK Finance Limited State Credit Manager Salary

10 - 15 years exp. (4 salaries)

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₹15.4 L/yr - ₹17 L/yr

arrow icon 1% less
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IDFC FIRST Bharat State Credit Manager Salary

12 - 20 years exp. (4 salaries)

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₹18 L/yr - ₹44 L/yr

arrow icon 57% more
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₹12 L/yr - ₹16.4 L/yr

arrow icon 20% less
State Credit Manager salary at Muthoot Fincorp ranges between ₹13.7 Lakhs to ₹20 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp.

Latest annual salaries shared by Muthoot Fincorp State Credit Manager

1w ago
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16 years exp.
5mo ago
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15 years exp.
11mo ago
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12 years exp.
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11 years exp.

Experience wise Muthoot Fincorp State Credit Manager salaries

Last Updated: 10 Dec 2024

Experience Avg Annual Salary
11 years (AmbitionBox Estimate)

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₹13.7 L/yr - ₹27.1 L/yr
12 years (AmbitionBox Estimate)

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₹13.7 L/yr - ₹28.3 L/yr
13 years (AmbitionBox Estimate)

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₹14.7 L/yr - ₹18.8 L/yr
14 years (AmbitionBox Estimate)

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₹15.3 L/yr - ₹19.5 L/yr
15+ years (AmbitionBox Estimate)

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₹7.3 L/yr - ₹20 L/yr

Similar Designation salaries in Muthoot Fincorp

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₹2.69 L/yr - ₹7 L/yr
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₹26.5 L/yr - ₹33 L/yr
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₹10 L/yr - ₹13 L/yr
Credit Manager Salary
(37 salaries)
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₹3 L/yr - ₹8.75 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
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₹2.05 L/yr - ₹4.5 L/yr
Credit Officer Salary
(174 salaries)
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₹1.3 L/yr - ₹4 L/yr
Branch Manager Salary
(631 salaries)
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₹1.25 L/yr - ₹7.2 L/yr

Top skills at Muthoot Fincorp for State Credit Manager

Cash Flow Credit Assessment Underwriting

Salary related reviews for Muthoot Fincorp

4.0

Rated by 1 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

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

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

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.

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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

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

3.0
  •  posted on 28 Dec 2024

3.0
 for  Salary and Benefits

Likes

Overall good . Working hours is very comfortable for everyone.

Dislikes

On festivals holiday should be like other organisation. In ncr salary should be same like delhi . Because Noida and gurugram is more expensive than delhi . CL always laps.

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Muthoot Fincorp State Credit Manager Salary FAQs

What is the salary of State Credit Manager at Muthoot Fincorp?
State Credit Manager salary at Muthoot Fincorp in India ranges between ₹13.7 Lakhs to ₹20.0 Lakhs for experience between 11 years to 16 years. According to our estimates it is 10% more than the average State Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Fincorp India.
How does the salary of a State Credit Manager at Muthoot Fincorp India compare with the average salary range for this job?
The average salary of a State Credit Manager at Muthoot Fincorp is 10% more than the average salary of a State Credit Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a State Credit Manager at Muthoot Fincorp?
Cash Flow, Credit Assessment and Underwriting are some of the popular skills required to work as a State Credit Manager at Muthoot Fincorp India.
Which similar companies are paying more than Muthoot Fincorp to a State Credit Manager in India?
  • IDFC FIRST Bharat State Credit Manager Salary - ₹18.0 Lakhs to ₹44.0 Lakhs per year
  • SMFG India Credit State Credit Manager Salary - ₹9.0 Lakhs to ₹26.2 Lakhs per year
What is the salary of a State Credit Manager in companies similar to Muthoot Fincorp in India?
  • SK Finance Limited State Credit Manager Salary - ₹15.4 Lakhs to ₹17.0 Lakhs per year
  • IIFL Finance State Credit Manager Salary - ₹15.0 Lakhs to ₹16.5 Lakhs per year
  • Aavas Financiers State Credit Manager Salary - ₹12.0 Lakhs to ₹18.4 Lakhs per year
  • Poonawalla Fincorp State Credit Manager Salary - ₹12.0 Lakhs to ₹16.4 Lakhs per year
  • Tata Capital State Credit Manager Salary - ₹10.5 Lakhs to ₹16.0 Lakhs per year
What is the estimated take home salary of a State Credit Manager at Muthoot Fincorp in India?
The estimated take-home salary of a State Credit Manager at Muthoot Fincorp ranges between ₹1,11,303 per month to ₹1,14,390 per month in India. The take-home salary calculation is based on the average Muthoot Fincorp State Credit Manager salary in India which ranges between ₹13.7 Lakhs to ₹20.0 Lakhs per year for employees with experience between 11 years to 16 years. Check how did we calculate take home salary?
What is the notice period for State Credit Manager at Muthoot Fincorp?
According to AmbitionBox, 64% of the Muthoot Fincorp State Credit Managers reported a notice period of 3 Months, 27% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 11 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Muthoot Fincorp State Credit Manager salary in India ranges between ₹13.7 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Fincorp latest salaries received from various employees of Muthoot Fincorp.