Muthoot Housing Finance Company Cluster Credit Manager Salaries by 5 Employees

6 - 10 years exp.

₹4.5 Lakhs - ₹8 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

41% less than the average Cluster Credit Manager Salary in NBFC Companies for 6 - 10 years of experience

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Salaries in different departments

Finance & Accounting Cluster Credit Manager Salary 6 - 10 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹8 L/yr
BFSI, Investments & Trading Cluster Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr
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Risk Management & Compliance Cluster Credit Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 22 Nov 2024

Companies similar to Muthoot Housing Finance Company for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Varthana Cluster Credit Manager Salary 8 - 14 years exp. (42 salaries)	₹6 L/yr - ₹13.5 L/yr 57% more
Vistaar Finance Cluster Credit Manager Salary 6 - 15 years exp. (38 salaries)	₹7 L/yr - ₹12.5 L/yr 75% more
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Finova Capital Cluster Credit Manager Salary 2 - 7 years exp. (23 salaries)	₹4.2 L/yr - ₹8 L/yr 8% less
Bajaj Housing Finance Cluster Credit Manager Salary 8 - 13 years exp. (12 salaries)	₹10.7 L/yr - ₹19.6 L/yr 138% more
SBFC Finance Cluster Credit Manager Salary 5 - 11 years exp. (11 salaries)	₹6.5 L/yr - ₹12 L/yr 41% more
Hinduja Leyland Finance Cluster Credit Manager Salary 1 - 15 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr At par
Altum Credo Home Finance Cluster Credit Manager Salary 4 - 8 years exp. (5 salaries)	₹4.2 L/yr - ₹6.3 L/yr 8% less
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	₹5 L/yr - ₹20.3 L/yr 128% more
NeoGrowth Credit Cluster Credit Manager Salary 8 - 16 years exp. (4 salaries)	₹14 L/yr - ₹16.7 L/yr 159% more

Cluster Credit Manager salary at Muthoot Housing Finance Company ranges between ₹4.5 Lakhs to ₹8 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Housing Finance Company.

Experience wise Muthoot Housing Finance Company Cluster Credit Manager salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
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8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

Similar Designation salaries in Muthoot Housing Finance Company

Area Credit Manager Salary

(11 salaries)

₹5.9 L/yr - ₹12.35 L/yr

Branch Credit Manager Salary

(27 salaries)

₹3 L/yr - ₹6.75 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹27.9 L/yr - ₹35.7 L/yr

Assistant Credit Manager Salary

(15 salaries)

₹3 L/yr - ₹6.2 L/yr

Regional Credit Manager Salary

(7 salaries)

₹9.45 L/yr - ₹15 L/yr

Credit Manager Salary

(22 salaries)

₹2.77 L/yr - ₹7.8 L/yr

Senior Credit Officer Salary

(5 salaries)

₹2.6 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(174 salaries)

₹2 L/yr - ₹4.5 L/yr

Chief Manager Salary

(4 salaries)

₹10 L/yr - ₹20 L/yr

Credit Officer Salary

(7 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Salary related reviews for Muthoot Housing Finance Company

5.0

Rated by 1 employees for salary & benefits

Relationship Manager in Ghaziabad

Full Time

Other Department

1.0

• posted on 01 Oct 2024

1.0

for Salary and Benefits

Likes

...ission nahi deta to uska case nahi kerte or jo employee unke hisab se kaam nahi.kerta to usko nikal dete hai or uski salary bhi nahi dete

Dislikes

Very bad experience resignation Dene k baad bhi notice period complete nahi krate or salary bhi nahi dete customer k sath acha nahi hota seb froud kerte hai

Salary - Bad

+6 more

Relationship Manager in Nashik

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 10 Jan 2021

3.0

for Salary and Benefits

Likes

Average work environment and culture, company policies are good they give good salary but increment is not done last 2year as well as not appraisals due to that not happy in work

Skill development - Good

Dislikes

Career growth is very slow

Promotions - Poor

Anonymous in Mumbai

Anonymous Department

3.0

• posted on 26 Jul 2020

2.0

for Salary and Benefits

Likes

Good colleagues

Dislikes

...n is done based on designations. Employee engagement has the least value here. Salary is not satisfactory to the work alloted. Basic administration facilities are also very weak.

Salary - Poor

+6 more

Costumer Service in Surat (working remotely)

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 24 Dec 2024

1.0

for Salary and Benefits

Likes

chor bank hai koi bhi bhul se bhi loan mat lena nahi to jindagi bekar kar dega India me sabse ghatiya finance company hai aise logo ko RBI ko lisanns cansale kar dena chahiye bad ghatiya bank

Dislikes

chor bank hai meharbani karke koi mat fasna nahi to jindagi tabah kar dega bank

Salary - Bad

+6 more

Senior Accounts Associate in BKC, Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 16 Dec 2021

4.0

for Salary and Benefits

Likes

Working with Muthoot Housing in Finance & Accounts for more than 6 years. It has been great working and learning experience for me. I have enhanced my professional skills here under the leadership of my seniors and mentor (CFO).

Salary - Good

+6 more

Dislikes

Nothing to dislike

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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 Housing Finance Company Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Muthoot Housing Finance Company ?

The average salary of a Cluster Credit Manager at Muthoot Housing Finance Company in India typically ranges from ₹4.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 6 years to 10 years).

The top 10% of Cluster Credit Manager at Muthoot Housing Finance Company earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Cluster Credit Manager Salaries at Muthoot Housing Finance Company 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 5 Muthoot Housing Finance Company employees in India.

What is the estimated take home salary of a Cluster Credit Manager at Muthoot Housing Finance Company in India?

The estimated take-home salary of a Cluster Credit Manager at Muthoot Housing Finance Company in India typically ranges from ₹45,192 to ₹46,280 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 6 years to 10 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 5 salaries received from various employees of Muthoot Housing Finance Company. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Muthoot Housing Finance Company for Cluster Credit Manager in India?

NeoGrowth Credit	₹14.0 Lakhs to ₹16.7 Lakhs per year
Bajaj Housing Finance	₹10.7 Lakhs to ₹19.6 Lakhs per year
Hero FinCorp	₹5.0 Lakhs to ₹20.3 Lakhs per year
Vistaar Finance	₹7.0 Lakhs to ₹12.5 Lakhs per year
Varthana	₹6.0 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Cluster Credit Manager in companies similar to Muthoot Housing Finance Company in India?

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

SBFC Finance	₹6.5 Lakhs to ₹12.0 Lakhs per year
Hinduja Leyland Finance	₹4.0 Lakhs to ₹8.5 Lakhs per year
Finova Capital	₹4.2 Lakhs to ₹8.0 Lakhs per year
Altum Credo Home Finance	₹4.2 Lakhs to ₹6.3 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 Cluster Credit Manager at Muthoot Housing Finance Company in India?

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

Experience	Average Salary Range
6 years	₹4.8 Lakhs to ₹6.2 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
8 years	₹5.4 Lakhs to ₹6.8 Lakhs per year
9 years	₹5.6 Lakhs to ₹7.2 Lakhs per year

and so on.

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Muthoot Housing Finance Company Cluster Credit Manager Salaries

Muthoot Housing Finance Company Cluster Credit Manager salary in India ranges between ₹4.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Housing Finance Company latest salaries received from various employees of Muthoot Housing Finance Company.