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

4 - 9 years exp.

₹3.9 Lakhs - ₹9 Lakhs

Salary of majority employees

23% 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. (23 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: 23 Feb 2025

Companies similar to Muthoot Homefin India for Credit Manager

Company name	Avg Annual Salary	Open Jobs
L&T Finance Credit Manager Salary 1 - 9 years exp. (87 salaries)	₹3.2 L/yr - ₹13.1 L/yr 36% more
Piramal Group Credit Manager Salary 1 - 6 years exp. (5 salaries)	₹7 L/yr - ₹10.9 L/yr 39% more	1 job opening
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Edelweiss Credit Manager Salary 0 - 9 years exp. (151 salaries)	₹2.7 L/yr - ₹12 L/yr 15% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (140 salaries)	₹1.8 L/yr - ₹10.3 L/yr 1% more	2 job openings
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (195 salaries)	₹2.4 L/yr - ₹9 L/yr 2% less
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.1 L/yr 42% more	5 job openings
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (81 salaries)	₹3 L/yr - ₹9 L/yr 13% less
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (148 salaries)	₹4.2 L/yr - ₹11.3 L/yr 16% more
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 23% more
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (159 salaries)	₹4 L/yr - ₹10.8 L/yr 26% more
Belstar Investment and Finance Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹5 L/yr - ₹11 L/yr 5% more
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Fortune Financial Services Credit Manager Salary 1 - 8 years exp. (5 salaries)	₹2.3 L/yr - ₹5.5 L/yr 30% less
Cholamandalam Securities Credit Manager Salary 0 - 12 years exp. (4 salaries)	₹2.8 L/yr - ₹6.5 L/yr 20% less

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 43 latest salaries received from various employees of Muthoot Homefin India.

Experience wise Muthoot Homefin India Credit Manager salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
4 years (5 salaries)	₹4 L/yr - ₹6.4 L/yr
5 years (12 salaries)	₹3.9 L/yr - ₹6.5 L/yr
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6 years (11 salaries)	₹4 L/yr - ₹7.6 L/yr
7 years (7 salaries)	₹5.9 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

(71 salaries)

₹3.4 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

4.4

Rated by 14 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

1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Muthoot Homefin India Credit Manager Salary FAQs

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

Credit Manager salary at Muthoot Homefin India in India ranges between ₹3.9 Lakhs to ₹9.0 Lakhs for experience between 4 years to 9 years. According to our estimates it is 23% less than the average Credit Manager Salary in India. Salary estimates are based on 43 latest salaries received from various employees of Muthoot Homefin India India.

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

The average salary of a Credit Manager at Muthoot Homefin India is 23% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Muthoot Homefin India?

Credit Appraisal, Credit Assessment, Credit Appraisal, Credit Underwriting and Credit are some of the popular skills required to work as a Credit Manager at Muthoot Homefin India India.

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

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.1 Lakhs per year
Piramal Group Credit Manager Salary - ₹7.0 Lakhs to ₹10.9 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.2 Lakhs to ₹13.1 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.0 Lakhs to ₹10.8 Lakhs per year
Reliance Capital Credit Manager Salary - ₹6.0 Lakhs to ₹8.4 Lakhs per year

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

Poonawalla Fincorp Credit Manager Salary - ₹4.2 Lakhs to ₹11.3 Lakhs per year
Edelweiss Credit Manager Salary - ₹2.7 Lakhs to ₹12.0 Lakhs per year
Belstar Investment and Finance Credit Manager Salary - ₹5.0 Lakhs to ₹11.0 Lakhs per year
Shriram Finance Credit Manager Salary - ₹1.8 Lakhs to ₹10.3 Lakhs per year
Bajaj Finance Credit Manager Salary - ₹2.4 Lakhs to ₹9.0 Lakhs per year

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 ranges between ₹45,287 per month to ₹46,374 per month in India. The take-home salary calculation is based on the average Muthoot Homefin India Credit Manager salary in India which ranges between ₹3.9 Lakhs to ₹9.0 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Muthoot Homefin India?

According to AmbitionBox, 86% of the Muthoot Homefin India Credit Managers reported a notice period of 3 Months, 8% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 36 responses on AmbitionBox in last 2 years.

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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 43 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