Muthoot Homefin India Credit Manager Salaries by 40+ Employees (Updated 2025)

4 - 9 years exp.

₹3.9 Lakhs - ₹9 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average Credit Manager Salary in Investment Banking / Venture Capital / Private Equity Companies for 4 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 4 - 9 years exp. (22 salaries)	₹4 L/yr - ₹9 L/yr
Finance & Accounting Credit Manager Salary 4 - 9 years exp. (10 salaries)	₹4 L/yr - ₹7.5 L/yr
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Risk Management & Compliance Credit Manager Salary 4 - 9 years exp. (4 salaries)	₹4.6 L/yr - ₹6.2 L/yr

Last Updated: 20 Mar 2025

Companies similar to Muthoot Homefin India for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Belstar Investment and Finance Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹5 L/yr - ₹11 L/yr 11% more
Fortune Financial Services Credit Manager Salary 1 - 8 years exp. (5 salaries)	₹2.3 L/yr - ₹5.5 L/yr 26% less
Login to view exact salary
Cholamandalam Securities Credit Manager Salary 0 - 12 years exp. (4 salaries)	₹2.8 L/yr - ₹6.5 L/yr 16% less
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.3k salaries)	₹4.3 L/yr - ₹17.4 L/yr 77% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.6 L/yr 50% more	13 job openings

Credit Manager salary at Muthoot Homefin India ranges between ₹3.9 Lakhs to ₹9 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 42 latest salaries received from various employees of Muthoot Homefin India.

Latest annual salaries shared by Muthoot Homefin India Credit Manager

3d ago

₹7.5 Lakhs

7 years exp.

1w ago

₹9 Lakhs

8 years exp.

2w ago

₹5.6 Lakhs

5 years exp.

1mo ago

₹7.4 Lakhs

7 years exp.

1mo ago

₹7 Lakhs

7 years exp.

2mo ago

5 years exp.

3mo ago

8 years exp.

4mo ago

6 years exp.

4mo ago

7 years exp.

6mo ago

8 years exp.

Experience wise Muthoot Homefin India Credit Manager salaries

Last Updated: 20 Mar 2025

Experience	Avg Annual Salary
4 years (5 salaries)	₹4 L/yr - ₹6.4 L/yr
5 years (11 salaries)	₹3.9 L/yr - ₹6.5 L/yr
Login to view exact salary
6 years (11 salaries)	₹4 L/yr - ₹7.6 L/yr
7 years (7 salaries)	₹2.3 L/yr - ₹7.5 L/yr
8 years (5 salaries)	₹5.9 L/yr - ₹9 L/yr
9 years (3 salaries)	₹4 L/yr - ₹6.6 L/yr

View all

Similar Designation salaries in Muthoot Homefin India

Credit Officer Salary

(19 salaries)

₹2 L/yr - ₹3.2 L/yr

Area Credit Manager Salary

(17 salaries)

₹6.05 L/yr - ₹17.99 L/yr

Branch Manager Salary

(6 salaries)

₹5.35 L/yr - ₹6.75 L/yr

Deputy Manager Salary

(5 salaries)

₹5.8 L/yr - ₹7 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹2.8 L/yr - ₹3.6 L/yr

Sales Manager Salary

(77 salaries)

₹3.1 L/yr - ₹9.26 L/yr

Branch Credit Manager Salary

(16 salaries)

₹4.8 L/yr - ₹8 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹5.8 L/yr - ₹7.6 L/yr

Cluster Credit Manager Salary

(3 salaries)

₹7.1 L/yr - ₹12 L/yr

Top skills at Muthoot Homefin India for Credit Manager

Credit Appraisal Credit Assessment Credit Appraisal Credit Underwriting Credit Credit Underwriting Credit Risk Management Credit Risk Analysis Credit Assessment Credit Management Underwriting

Salary related reviews for Muthoot Homefin India

4.3

Rated by 15 employees for salary & benefits

Credit Executive in Mumbai

Home Loan Department

2.0

• posted on 21 Nov 2020

1.0

for Salary and Benefits

Likes

...e is balanced here except month end and JFM. Superior are good. (In my case). Gets salary on time.

Skill development - Good

Dislikes

Company management is focusing only on profits they have nothing to do with employees growth. HR functions is rediculous. Huge communication gap. Salary and other benefits for ofroll employees are like peanuts. Ofroll employees are barely get chance for onroll even after hard work.

Salary - Bad

+4 more

Credit Officer in Bangalore / Bengaluru

BFSI, Investments & Trading Department

5.0

• posted on 20 May 2020

4.0

for Salary and Benefits

Likes

... it is given me excellent opportunity to learn and to acquire more knowledge. They supported in me for working at home and provided me salary during civid19 Lockdown.

Salary - Good

+6 more

Dislikes

Nothing

Collections Manager in Ahmedabad

BFSI, Investments & Trading Department

3.0

• posted on 20 Apr 2022

5.0

for Salary and Benefits

Likes

Good Compensation & Owners ( Muthoot Family) of company.

Salary - Excellent

+1 more

Dislikes

Un-experience senior management. Most of them don't deserve a entry level position. They get these positions by using personal relationships not get on basis of their abilities or work experience.

Skill development - Bad

+2 more

Cluster Manager - Sales in Indore

Finance & Accounting Department

1.0

• posted on 25 Jun 2020

1.0

for Salary and Benefits

Likes

...ovid- 19 company is not provide the support and call me to put your resignation. Nil support salary is also debited and As well as salary is not provide

Dislikes

Working, HR Policies is not good also not provide any facilities to employees. Salary not credit on time.

Salary - Bad

+6 more

Legal Associate in Jaipur

Legal & Regulatory Department

4.0

• posted on 18 Aug 2018

1.0

for Salary and Benefits

Likes

I love the company's work culture. One can manage his social life as well as professional.

Work-life balance - Good

Dislikes

Poor HR policy. No bonus for back office support at Associate level. Poor Appraisal.No medical claims. No training for new employee. Very bad software and No I.T. Support for back up. No Internal growth.

Salary - Bad

+1 more

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Salary Discussions, Hike & Promotions

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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Muthoot Homefin India Credit Manager Salary FAQs

What is the salary of Credit Manager at Muthoot Homefin India ?

The average salary of a Credit Manager at Muthoot Homefin India in India typically ranges from ₹3.9 Lakhs to ₹9.0 Lakhs per year, depending on experience (from 4 years to 9 years).

The top 10% of Credit Manager at Muthoot Homefin India earn more than ₹7.5 Lakhs per year, and the top 1% earn over ₹9.0 Lakhs per year. Credit Manager Salaries at Muthoot Homefin India 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 40+ Muthoot Homefin India employees in India.

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

The estimated take-home salary of a Credit Manager at Muthoot Homefin India in India typically ranges from ₹42,933 to ₹44,054 per month. This is based on the average salary range of ₹3.9 Lakhs to ₹9.0 Lakhs per year for employees with experience ranging from 4 years to 9 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 40+ salaries received from various employees of Muthoot Homefin India. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at Muthoot Homefin India ?

To be a Credit Manager at Muthoot Homefin India in india, the key skills required include:

- Credit Appraisal
- Credit Assessment
- Credit Appraisal
- Credit Underwriting
- Credit

These skills are highly valued at Muthoot Homefin India and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Homefin India for Credit Manager in India?

ICICI Bank	₹4.3 Lakhs to ₹17.4 Lakhs per year
HDFC Bank	₹3.5 Lakhs to ₹14.6 Lakhs per year
Belstar Investment and Finance	₹5.0 Lakhs to ₹11.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Homefin India, depending on the role and experience level.

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

The salary of a Credit Manager at companies similar to Muthoot Homefin India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Cholamandalam Securities	₹2.8 Lakhs to ₹6.5 Lakhs per year
Fortune Financial Services	₹2.3 Lakhs to ₹5.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Credit Manager at Muthoot Homefin India in India?

The salary growth for a Credit Manager at Muthoot Homefin India depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Muthoot Homefin India:

Experience	Average Salary Range
4 years	₹4.0 Lakhs to ₹6.4 Lakhs per year
5 years	₹3.9 Lakhs to ₹6.5 Lakhs per year
6 years	₹4.0 Lakhs to ₹7.6 Lakhs per year
7 years	₹2.3 Lakhs to ₹7.5 Lakhs per year

and so on.

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Muthoot Homefin India Credit Manager Salaries by Location

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Muthoot Homefin India Credit Manager Salaries

Muthoot Homefin India Credit Manager salary in India ranges between ₹3.9 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 42 Muthoot Homefin India latest salaries received from various employees of Muthoot Homefin India.

Muthoot Homefin India Credit Manager salaries in India (Updated 2025)

Companies similar to Muthoot Homefin India for Credit Manager

Latest annual salaries shared by Muthoot Homefin India Credit Manager

Experience wise Muthoot Homefin India Credit Manager salaries

Similar Designation salaries in Muthoot Homefin India

Top skills at Muthoot Homefin India for Credit Manager

Salary related reviews for Muthoot Homefin India

Credit Executive in Mumbai

Credit Officer in Bangalore / Bengaluru

Collections Manager in Ahmedabad

Cluster Manager - Sales in Indore

Legal Associate in Jaipur

Muthoot Homefin India Credit Manager Salary FAQs

Tell us how to improve this page.

Muthoot Homefin India Credit Manager Salaries by Location