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3.5

based on 1.2k Reviews

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The Muthoot Group Credit Manager salaries in Bangalore / Bengaluru (Updated 2025)

Annual salary range
0 - 4 years exp.
₹3.4 Lakhs - ₹5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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40% less than the average Credit Manager Salary in Financial Services Companies for 0 - 4 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Credit Manager Salary
0 - 3 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹5 L/yr

Finance & Accounting
Credit Manager Salary
1 - 4 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹5.1 L/yr

Last Updated: 15 Jan 2025

Companies similar to The Muthoot Group for Credit Manager in Bangalore / Bengaluru

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The Muthoot Group Credit Manager Salary

0 - 4 years exp. (4 salaries)
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₹3.4 L/yr - ₹5 L/yr

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

1 - 9 years exp. (22 salaries)
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₹3.9 L/yr - ₹8 L/yr

arrow icon 27% more
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Aditya Birla Capital Credit Manager Salary

3 - 10 years exp. (13 salaries)
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₹4 L/yr - ₹9.2 L/yr

arrow icon 55% more
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IDFC FIRST Bharat Credit Manager Salary

4 - 7 years exp. (4 salaries)
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₹4.7 L/yr - ₹5.7 L/yr

arrow icon 7% more
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HSBC Group Credit Manager Salary

4 - 10 years exp. (4 salaries)
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₹11 L/yr - ₹17.6 L/yr

arrow icon 166% more
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Cholamandalam Investment & Finance Credit Manager Salary

5 - 8 years exp. (3 salaries)
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₹6.4 L/yr - ₹8 L/yr

arrow icon 40% more
Credit Manager salary at The Muthoot Group ranges between ₹3.4 Lakhs to ₹5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 4 latest salaries received from various employees of The Muthoot Group.

Latest annual salaries shared by The Muthoot Group Credit Manager in Bangalore / Bengaluru

2mo ago
₹3.8 Lakhs
1 year exp.
3mo ago
₹5 Lakhs
3 years exp.
5mo ago
₹5 Lakhs
3 months exp.
7mo ago
₹3.4 Lakhs
4 years exp.

Experience wise The Muthoot Group Credit Manager salaries in Bangalore / Bengaluru

Last Updated: 15 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
1 year (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.6 L/yr
3 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr
4 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.6 L/yr

Similar Designation salaries in The Muthoot Group

Branch Manager Salary
(26 salaries)
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₹3.2 L/yr - ₹6 L/yr
Deputy Manager Salary
(8 salaries)
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₹4.05 L/yr - ₹6.3 L/yr

Salary related reviews for The Muthoot Group

2.0

Rated by 1 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

read more
  • 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.

read more
  • 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.

read more
  • 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

read more
  • 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.

read more

Business Process Associate in Chennaraopet

Full Time

 · 

Other Department

4.0
  •  posted on 06 Nov 2024
1.0
 for  Salary and Benefits

Likes

Work Culture and environment are good. Employees are interactive without any personal dislikes. The team I'm working with is so supportive in type of works. I have developed certain skills after joining here.

read more
  • Skill development - Good
    • +4 more

Dislikes

The salary am paid with is very less compared with my job role and other freshers. When I joined as a fresher this salary was enough for me and now I'm here for more than a year but still no enough increment in salary.

read more
  • Salary - Bad
see more salary related reviews

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peacemaker
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works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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The Muthoot Group Credit Manager Salary FAQs

What is the salary of Credit Manager at The Muthoot Group in Bangalore / Bengaluru?
The average salary of a Credit Manager at The Muthoot Group in Bangalore / Bengaluru typically ranges from ₹3.4 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Credit Manager in Bangalore / Bengaluru at The Muthoot Group earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Credit Manager Salaries at The Muthoot Group 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 4 The Muthoot Group employees in India.
What is the estimated take home salary of a Credit Manager at The Muthoot Group in Bangalore / Bengaluru?
The estimated take-home salary of a Credit Manager at The Muthoot Group in Bangalore / Bengaluru typically ranges from ₹37,017 to ₹38,227 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from Fresher to 4 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 4 salaries received from various employees of The Muthoot Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than The Muthoot Group for Credit Manager in India?
HSBC Group ₹11.0 Lakhs to ₹17.6 Lakhs per year
Aditya Birla Capital ₹4.0 Lakhs to ₹9.2 Lakhs per year
Cholamandalam Investment & Finance ₹6.4 Lakhs to ₹8.0 Lakhs per year
Bajaj Finserv ₹3.9 Lakhs to ₹8.0 Lakhs per year
IDFC FIRST Bharat ₹4.7 Lakhs to ₹5.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by The Muthoot Group, depending on the role and experience level.
How the salary growth look like for a Credit Manager at The Muthoot Group in Bangalore / Bengaluru?
The salary growth for a Credit Manager at The Muthoot Group in Bangalore / Bengaluru depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Bangalore / Bengaluru can expect the following growth trajectory at The Muthoot Group:

Experience Average Salary Range
Fresher ₹4.3 Lakhs to ₹5.5 Lakhs per year
1 year ₹4.3 Lakhs to ₹5.5 Lakhs per year
2 years ₹4.3 Lakhs to ₹5.6 Lakhs per year
3 years ₹4.4 Lakhs to ₹5.6 Lakhs per year
and so on.

Tell us how to improve this page.

The Muthoot Group Credit Manager salary in Bangalore / Bengaluru ranges between ₹3.4 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 The Muthoot Group latest salaries received from various employees of The Muthoot Group.