Muthoot Housing Finance Company Senior Manager Credit Salaries by 5 Employees (Updated 2025)

5 - 14 years exp.

₹6 Lakhs - ₹8.1 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

48% less than the average Senior Manager Credit Salary in NBFC Companies for 5 - 14 years of experience

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Salaries in different departments

Risk Management & Compliance Senior Manager Credit Salary 8 - 11 years exp. (3 salaries)	₹6.6 L/yr - ₹8.1 L/yr
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Finance & Accounting Senior Manager Credit Salary 5 - 14 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.3 L/yr

Last Updated: 5 Apr 2025

Companies similar to Muthoot Housing Finance Company for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Axis Finance Senior Manager Credit Salary 5 - 16 years exp. (13 salaries)	₹13.4 L/yr - ₹25 L/yr 153% more
Vistaar Finance Senior Manager Credit Salary 4 - 11 years exp. (11 salaries)	₹6 L/yr - ₹8.1 L/yr 1% less
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InCred Finance Senior Manager Credit Salary 4 - 10 years exp. (9 salaries)	₹5.7 L/yr - ₹13.5 L/yr 27% more
Aptus Value Housing Finance India Senior Manager Credit Salary 2 - 9 years exp. (7 salaries)	₹3.6 L/yr - ₹5.8 L/yr 44% less
Hero FinCorp Senior Manager Credit Salary 5 - 10 years exp. (5 salaries)	₹12.1 L/yr - ₹35 L/yr 173% more
Fedbank Financial Services Senior Manager Credit Salary 3 - 10 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 59% more
Kinara Capital Senior Manager Credit Salary 4 - 6 years exp. (4 salaries)	₹5.1 L/yr - ₹7.7 L/yr 19% less
Shubham Housing Development Finance Senior Manager Credit Salary 10 - 13 years exp. (3 salaries)	₹7.9 L/yr - ₹10 L/yr 28% more
NeoGrowth Credit Senior Manager Credit Salary 11 - 13 years exp. (3 salaries)	₹18.1 L/yr - ₹23.1 L/yr 180% more
Repco Home Finance Senior Manager Credit Salary 12 - 15 years exp. (3 salaries)	₹10 L/yr - ₹17.5 L/yr 87% more

Senior Manager Credit salary at Muthoot Housing Finance Company ranges between ₹6 Lakhs to ₹8.1 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Housing Finance Company.

Experience wise Muthoot Housing Finance Company Senior Manager Credit salaries

Last Updated: 5 Apr 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
8 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
9 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
10 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.6 L/yr
12 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
14 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

View all

Similar Designation salaries in Muthoot Housing Finance Company

Credit Manager Salary

(22 salaries)

₹2.77 L/yr - ₹7.8 L/yr

Deputy Manager Salary

(4 salaries)

₹6.8 L/yr - ₹8 L/yr

Chief Manager Salary

(4 salaries)

₹10 L/yr - ₹20 L/yr

Branch Manager Salary

(59 salaries)

₹2.7 L/yr - ₹8 L/yr

Senior Associate Salary

(4 salaries)

₹3.2 L/yr - ₹5.8 L/yr

Senior Credit Officer Salary

(5 salaries)

₹2.6 L/yr - ₹3.2 L/yr

Area Credit Manager Salary

(11 salaries)

₹5.9 L/yr - ₹12.35 L/yr

Relationship Manager Salary

(174 salaries)

₹2 L/yr - ₹4.5 L/yr

Regional Credit Manager Salary

(7 salaries)

₹9.45 L/yr - ₹15 L/yr

Credit Officer Salary

(7 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Salary related reviews for Muthoot Housing Finance Company

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 Senior Manager Credit Salary FAQs

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

The average salary of a Senior Manager Credit at Muthoot Housing Finance Company in India typically ranges from ₹6.0 Lakhs to ₹8.1 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of Senior Manager Credit at Muthoot Housing Finance Company earn more than ₹8.1 Lakhs per year, and the top 1% earn over ₹8.1 Lakhs per year. Senior Manager Credit 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 Senior Manager Credit at Muthoot Housing Finance Company in India?

The estimated take-home salary of a Senior Manager Credit at Muthoot Housing Finance Company in India typically ranges from ₹53,675 to ₹55,013 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹8.1 Lakhs per year for employees with experience ranging from 5 years to 14 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 Senior Manager Credit in India?

NeoGrowth Credit	₹18.1 Lakhs to ₹23.1 Lakhs per year
Hero FinCorp	₹12.1 Lakhs to ₹35.0 Lakhs per year
Axis Finance	₹13.4 Lakhs to ₹25.0 Lakhs per year
Repco Home Finance	₹10.0 Lakhs to ₹17.5 Lakhs per year
Fedbank Financial Services	₹7.2 Lakhs to ₹15.0 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 Senior Manager Credit in companies similar to Muthoot Housing Finance Company in India?

The salary of a Senior Manager Credit 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:

Shubham Housing Development Finance	₹7.9 Lakhs to ₹10.0 Lakhs per year
InCred Finance	₹5.7 Lakhs to ₹13.5 Lakhs per year
Vistaar Finance	₹6.0 Lakhs to ₹8.1 Lakhs per year
Kinara Capital	₹5.1 Lakhs to ₹7.7 Lakhs per year
Aptus Value Housing Finance India	₹3.6 Lakhs to ₹5.8 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 Senior Manager Credit at Muthoot Housing Finance Company in India?

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

Experience	Average Salary Range
5 years	₹5.7 Lakhs to ₹7.3 Lakhs per year
6 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
7 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
8 years	₹6.2 Lakhs to ₹7.9 Lakhs per year

and so on.

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Muthoot Housing Finance Company Senior Manager Credit Salaries by Location

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Muthoot Housing Finance Company Senior Manager Credit Salaries

Muthoot Housing Finance Company Senior Manager Credit salary in India ranges between ₹6 Lakhs to ₹8.1 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.

Muthoot Housing Finance Company Senior Manager Credit salaries in India (Updated 2025)

Companies similar to Muthoot Housing Finance Company for Senior Manager Credit

Latest annual salaries shared by Muthoot Housing Finance Company Senior Manager Credit

Experience wise Muthoot Housing Finance Company Senior Manager Credit salaries

Similar Designation salaries in Muthoot Housing Finance Company

Salary related reviews for Muthoot Housing Finance Company

Relationship Manager in Ghaziabad

Relationship Manager in Nashik

Anonymous in Mumbai

Costumer Service in Surat (working remotely)

Senior Accounts Associate in BKC, Mumbai

Muthoot Housing Finance Company Senior Manager Credit Salary FAQs

Tell us how to improve this page.

Muthoot Housing Finance Company Senior Manager Credit Salaries by Location