The Muthoot Group Credit Manager Salaries by 10+ Employees (Updated 2025)

0 - 11 years exp.

₹3.4 Lakhs - ₹5.9 Lakhs

Salary of majority employees

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37% less than the average Credit Manager Salary in Financial Services Companies for 0 - 11 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 1 - 8 years exp. (8 salaries)	Unlock ₹3.4 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Credit Manager Salary 2 - 11 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹5.9 L/yr
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Customer Success, Service & Operations Credit Manager Salary 0 - 3 years exp. (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹5.1 L/yr

Last Updated: 15 Jan 2025

Companies similar to The Muthoot Group for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Manappuram Finance Credit Manager Salary 0 - 12 years exp. (32 salaries)	Unlock ₹3 L/yr - ₹6 L/yr 19% less
Shriram Finance Credit Manager Salary 0 - 12 years exp. (139 salaries)	Unlock ₹1.8 L/yr - ₹10.4 L/yr 12% more	2 job openings
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Bajaj Finance Credit Manager Salary 1 - 9 years exp. (197 salaries)	Unlock ₹2.8 L/yr - ₹8.5 L/yr 20% more	4 job openings
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	Unlock ₹3.5 L/yr - ₹14 L/yr 71% more	3 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	Unlock ₹4 L/yr - ₹17.5 L/yr 103% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (826 salaries)	Unlock ₹4 L/yr - ₹14.8 L/yr 78% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	Unlock ₹3.8 L/yr - ₹14.5 L/yr 83% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (445 salaries)	Unlock ₹3.6 L/yr - ₹12.5 L/yr 62% more	7 job openings
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (161 salaries)	Unlock ₹4 L/yr - ₹10.8 L/yr 54% more
L&T Finance Credit Manager Salary 1 - 9 years exp. (86 salaries)	Unlock ₹3 L/yr - ₹13.1 L/yr 62% more
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (382 salaries)	Unlock ₹2.5 L/yr - ₹8.5 L/yr 21% more
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Cholamandalam Investment & Finance Credit Manager Salary 2 - 13 years exp. (149 salaries)	Unlock ₹2.4 L/yr - ₹10.1 L/yr 23% more
IDFC FIRST Bharat Credit Manager Salary 3 - 10 years exp. (68 salaries)	Unlock ₹3.5 L/yr - ₹8.3 L/yr 3% more
Citicorp Credit Manager Salary 5 - 14 years exp. (37 salaries)	Unlock ₹6.9 L/yr - ₹27.9 L/yr 226% more
HSBC Group Credit Manager Salary 1 - 10 years exp. (24 salaries)	Unlock ₹4.6 L/yr - ₹17.6 L/yr 123% more
HDFC Sales Credit Manager Salary 3 - 11 years exp. (23 salaries)	Unlock ₹3 L/yr - ₹8.7 L/yr 15% more
Motilal Oswal Financial Services Credit Manager Salary 0 - 13 years exp. (5 salaries)	Unlock ₹5.1 L/yr - ₹6.5 L/yr 16% more
Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	Unlock ₹7.7 L/yr - ₹25 L/yr 259% more
American Express Credit Manager Salary 4 - 13 years exp. (4 salaries)	Unlock ₹15.7 L/yr - ₹35 L/yr 378% more

Credit Manager salary at The Muthoot Group ranges between ₹3.4 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 15 latest salaries received from various employees of The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Credit Manager

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1 year exp.

2mo ago

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3 years exp.

5mo ago

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3 months exp.

6mo ago

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7 years exp.

6mo ago

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4 years exp.

9mo ago

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8 years exp.

1y ago

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11 years exp.

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5 years exp.

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1 year exp.

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2 years exp.

Experience wise The Muthoot Group Credit Manager salaries

Last Updated: 15 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.9 L/yr - ₹5 L/yr
1 year (AmbitionBox Estimate)	Unlock ₹3.8 L/yr - ₹5 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹8.7 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹3.4 L/yr - ₹5.2 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4.7 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.6 L/yr - ₹5.9 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5.5 L/yr
8 years (3 salaries)	Unlock ₹4.3 L/yr - ₹5.2 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.7 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹5.8 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹5.1 L/yr

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Similar Designation salaries in The Muthoot Group

Credit Officer Salary

(9 salaries)

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₹1.8 L/yr - ₹2.8 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

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₹7.1 L/yr - ₹9.1 L/yr

Branch Manager Salary

(180 salaries)

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₹2.55 L/yr - ₹7.45 L/yr

Deputy Manager Salary

(29 salaries)

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₹3.6 L/yr - ₹6.35 L/yr

Chief Manager Salary

(4 salaries)

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₹10 L/yr - ₹19 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

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₹2.8 L/yr - ₹3.6 L/yr

Sales Manager Salary

(7 salaries)

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₹3.1 L/yr - ₹6.3 L/yr

Branch Credit Manager Salary

(4 salaries)

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₹2.2 L/yr - ₹10 L/yr

Deputy Credit Manager Salary

(3 salaries)

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₹5 L/yr - ₹5.5 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

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₹13.2 L/yr - ₹16.9 L/yr

Salary related reviews for The Muthoot Group

3.7

Rated by 7 employees for salary & benefits

Branch Manager in Gadarwara

Full Time

Finance & Accounting Department

2.0

• posted on 28 Jan 2025

1.0

for Salary and Benefits

Likes

Skill development - Good
Job security - Good

Dislikes

... compititor. They transfer the employee to other city to complete notice period. Salary hike is too poor. Growth chances are less

Salary - Bad

+3 more

Branch Manager in Bangalore / Bengaluru

Full Time

Other Department

3.0

• posted on 04 Oct 2024

3.0

for Salary and Benefits

Likes

Job security and staffs

Skill development - Good

+2 more

Dislikes

Branch ambience why we should maintain personally, company has to keep seperate person, Salary and increments and incentives are not paying properly and deductions for everything it's very bad culture, who will do wantedly all the irregularities.

Promotions - Poor

+1 more

Branch Manager in Tiptur

Sales & Business Development Department

2.0

• posted on 02 Nov 2022

3.0

for Salary and Benefits

Likes

No comments

Dislikes

This is the number one cost cutting company, their is no life for future and bottom line of staff do every work like sale and operation and aslo sales like mutual fund and diffirenciate between metro and onmetro salary.

Skill development - Poor

+4 more

Branch Manager in Thiruvananthapuram

Muthoot Finance Department

5.0

• posted on 15 Mar 2018

5.0

for Salary and Benefits

Likes

...eving our branch targets .Insurance products,gold loan ,NCD,are the main areas .Job security and good salary growth provided in Muthoot group

Salary - Excellent

+6 more

Dislikes

.work environment is Monday to Saturday timing is 8.30 to 5.30 and Most Sunday’s have any training process there .In branch if alarm system working at any time most probably in night I will be there at night to open the branch and Sunday visit in branch for 10 minibus is compalsary for the managers only.

Accounts Associate in New Delhi

Full Time

Finance & Accounting Department

1.0

• posted on 06 Oct 2024

1.0

for Salary and Benefits

Likes

Salary on time.

Dislikes

No work life balance, late sitting, unnecessary pressure, 2 years employment bond, job with financial risks, rupe behaving seniors, no professionalism, no diversity support, office politics, there is no timings to go home after the shift over, you cannot late a minute to report your duties if you do even 1 minute late your half day salary will be gone, very less salary, discrimination, no good appraisals, it is like a lala ki dukan, no staff security, staff can be beaten and threatened by the customers, at the time of interview the roles and responsibilities are different but after joining and signing 2 years of bond everything gets change, they do not follow labour laws at many times, they take more than 90days to complete your FNF settlement, they provide your relieving and exp letter after 90days from your last working day, no employee engagement activities are performed, a person is working since 7 years but he only reached at 45k/month, unsupportive company, unsupportive upper management, sometimes colleagues are also unsupportive, they give CL/EL to employees but not approve the same at many times. There are many things I can still write here.

Salary - Bad

+5 more

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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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The Muthoot Group Credit Manager Salary FAQs

What is the salary of Credit Manager at The Muthoot Group?

Credit Manager salary at The Muthoot Group in India ranges between ₹3.4 Lakhs to ₹5.9 Lakhs for less than 1 year of experience to 11 years. According to our estimates it is 37% less than the average Credit Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of The Muthoot Group India.

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

The average salary of a Credit Manager at The Muthoot Group is 37% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than The Muthoot Group to a Credit Manager in India?

American Express Credit Manager Salary - ₹15.7 Lakhs to ₹35.0 Lakhs per year
Wells Fargo Credit Manager Salary - ₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp Credit Manager Salary - ₹6.9 Lakhs to ₹27.9 Lakhs per year
HSBC Group Credit Manager Salary - ₹4.6 Lakhs to ₹17.6 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.5 Lakhs per year

What is the salary of a Credit Manager in companies similar to The Muthoot Group in India?

Kotak Mahindra Bank Credit Manager Salary - ₹3.8 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.6 Lakhs to ₹12.5 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.0 Lakhs to ₹13.1 Lakhs per year

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

The estimated take-home salary of a Credit Manager at The Muthoot Group ranges between ₹36,965 per month to ₹38,175 per month in India. The take-home salary calculation is based on the average The Muthoot Group Credit Manager salary in India which ranges between ₹3.4 Lakhs to ₹5.9 Lakhs per year for employees with less than 1 year of experience to 11 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at The Muthoot Group?

According to AmbitionBox, 61% of the The Muthoot Group Credit Managers reported a notice period of 1 Month, 17% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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The Muthoot Group Credit Manager Salaries

The Muthoot Group Credit Manager salary in India ranges between ₹3.4 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 The Muthoot Group latest salaries received from various employees of The Muthoot Group.