Muthoot Microfin Area Credit Manager Salaries by 20+ Employees (Updated 2025)

2 - 8 years exp.

₹2 Lakhs - ₹5.5 Lakhs

Salary of majority employees

68% less than the average Area Credit Manager Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Area Credit Manager Salary 2 - 8 years exp. (14 salaries)	₹2 L/yr - ₹5.5 L/yr
BFSI, Investments & Trading Area Credit Manager Salary 3 - 6 years exp. (5 salaries)	₹2.2 L/yr - ₹5 L/yr
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Engineering - Hardware & Networks Area Credit Manager Salary 4 - 6 years exp. (3 salaries)	₹3.7 L/yr - ₹4.2 L/yr
Sales & Business Development Area Credit Manager Salary 5 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹5 L/yr
Risk Management & Compliance Area Credit Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.1 L/yr

Last Updated: 22 Feb 2025

Companies similar to Muthoot Microfin for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Area Credit Manager Salary 12 - 17 years exp. (6 salaries)	₹4.3 L/yr - ₹9 L/yr 65% more
Equitas Small Finance Bank Area Credit Manager Salary 10 - 17 years exp. (49 salaries)	₹6.6 L/yr - ₹21 L/yr 224% more
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Jana Small Finance Bank Area Credit Manager Salary 6 - 13 years exp. (70 salaries)	₹5.7 L/yr - ₹13.6 L/yr 161% more
Svatantra Microfin Area Credit Manager Salary 4 - 10 years exp. (5 salaries)	₹5.5 L/yr - ₹6.3 L/yr 55% more
Annapurna Finance Area Credit Manager Salary 8 - 16 years exp. (4 salaries)	₹5 L/yr - ₹10.5 L/yr 111% more
CreditAccess Grameen Area Credit Manager Salary 5 - 16 years exp. (17 salaries)	₹4.4 L/yr - ₹13.1 L/yr 115% more
Utkarsh Small Finance Bank Area Credit Manager Salary 3 - 11 years exp. (37 salaries)	₹4.5 L/yr - ₹12 L/yr 91% more
HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (230 salaries)	₹6.1 L/yr - ₹16.5 L/yr 192% more
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (129 salaries)	₹6 L/yr - ₹20 L/yr 246% more
Aditya Birla Finance Area Credit Manager Salary 6 - 13 years exp. (110 salaries)	₹8.1 L/yr - ₹21.5 L/yr 268% more
Bajaj Finance Area Credit Manager Salary 3 - 12 years exp. (90 salaries)	₹4 L/yr - ₹16.7 L/yr 153% more
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SMFG India Credit Area Credit Manager Salary 5 - 14 years exp. (41 salaries)	₹6 L/yr - ₹23.7 L/yr 270% more
IIFL SAMASTA Area Credit Manager Salary 3 - 10 years exp. (36 salaries)	₹2.5 L/yr - ₹5.2 L/yr 8% more
Mahindra Rural Housing Finance Area Credit Manager Salary 6 - 18 years exp. (35 salaries)	₹5.6 L/yr - ₹14.3 L/yr 125% more	1 job opening
IIFL Finance Area Credit Manager Salary 3 - 11 years exp. (32 salaries)	₹5.2 L/yr - ₹19.2 L/yr 178% more
Tata Motors Finance Area Credit Manager Salary 0 - 16 years exp. (24 salaries)	₹5.5 L/yr - ₹12.9 L/yr 140% more
Shriram Finance Area Credit Manager Salary 5 - 13 years exp. (21 salaries)	₹9.5 L/yr - ₹21 L/yr 278% more
SK Finance Limited Area Credit Manager Salary 5 - 13 years exp. (21 salaries)	₹4.8 L/yr - ₹9.6 L/yr 92% more
TVS Credit Area Credit Manager Salary 5 - 25 years exp. (10 salaries)	₹6.6 L/yr - ₹15.1 L/yr 185% more
Mahindra Finance Area Credit Manager Salary 7 - 9 years exp. (5 salaries)	₹5.5 L/yr - ₹14 L/yr 159% more

View all

Area Credit Manager salary at Muthoot Microfin ranges between ₹2 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 28 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Area Credit Manager salaries

Last Updated: 22 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.7 L/yr
3 years (5 salaries)	₹2 L/yr - ₹6.8 L/yr
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4 years (3 salaries)	₹2.7 L/yr - ₹4.3 L/yr
5 years (9 salaries)	₹2.7 L/yr - ₹5.5 L/yr
6 years (6 salaries)	₹3.1 L/yr - ₹5.5 L/yr
7 years (3 salaries)	₹3.3 L/yr - ₹4.1 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹4.1 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Zonal Credit Manager Salary

(5 salaries)

₹5 L/yr - ₹10.13 L/yr

Branch Credit Manager Salary

(158 salaries)

₹1.75 L/yr - ₹3.5 L/yr

Credit Manager Salary

(10 salaries)

₹2 L/yr - ₹2.88 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Regional Credit Manager Salary

(4 salaries)

₹4.2 L/yr - ₹7 L/yr

Branch Manager Salary

(116 salaries)

₹2 L/yr - ₹4.62 L/yr

Sales Manager Salary

(6 salaries)

₹1.84 L/yr - ₹3.19 L/yr

Credit Officer Salary

(69 salaries)

₹1.4 L/yr - ₹2.7 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Deputy Manager Salary

(32 salaries)

₹3 L/yr - ₹7.88 L/yr

Top skills at Muthoot Microfin for Area Credit Manager

Credit Risk Team Handling Microfinance Risk Management Credit Credit Underwriting MIS Generation Portfolio Management Credit Assessment Credit Analysis

Salary related reviews for Muthoot Microfin

3.7

Rated by 10 employees for salary & benefits

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 15 Dec 2022

1.0

for Salary and Benefits

Likes

Good working culture Supportive staff Good Infrastructure Good for freshers

Job security - Good

+2 more

Dislikes

...Department pressurise to Work on holidays in credit department and operations Salary not as satisfied atleast company need to provide 15k in hand salary to fresher in Credit department.

Salary - Bad

+2 more

Manager in Sangli

Full Time

Human Resources Department

5.0

• posted on 12 Sep 2023

5.0

for Salary and Benefits

Likes

All aspects are very good for an employee. Training, Recruitment process, salary, promotions, incentives, increments all are best in the industry.

Salary - Excellent

+6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

Branch Relationship Manager Operation in Bijnor

Full Time

Sales & Business Development Department

4.0

• posted on 29 Dec 2024

4.0

for Salary and Benefits

Likes

...bout here, I am not enjoying working here much because I am new to this Company. The branches of Muthoot are very good Promotions also happen on time and salary is also paid on time And Incentive is also given according to the work That's all for now. Thank you.

Salary - Good

+3 more

Dislikes

I don't like the culture here and the timing is also not right The seniors get the work done by opening the branch even on Saturdays and Sundays.If the target given to the staff is not completed then they are mentally tortured I will do it, however HR has told me that I will get leave on Saturday and Sunday, I don't like it but the company is very good

Work satisfaction - Poor

Senior Relationship Officer in Berhampur

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 21 Jun 2023

1.0

for Salary and Benefits

Likes

I am a ex-employee Management department very bad... I have left this organization 11month complete....but till now not done my settlement This company without intimation remove the employee Very bad management

Dislikes

All.... Salary Behavior Career growth Secure job.. All parameter and management very bad

Salary - Bad

+5 more

Relationship Officer (working remotely)

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 02 Feb 2023

3.0

for Salary and Benefits

Likes

MUTHOOT MICROFIN LTD good company and policy customer satisfaction. Then different types of loans good company

Skill development - Good

+2 more

Dislikes

MUTHOOT MICROFIN LTD 2 years 6 month working not hike salary and promotion nill so small dislikes

Promotions - Bad

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Muthoot Microfin Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Muthoot Microfin?

Area Credit Manager salary at Muthoot Microfin in India ranges between ₹2.0 Lakhs to ₹5.5 Lakhs for experience between 2 years to 8 years. According to our estimates it is 68% less than the average Area Credit Manager Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Muthoot Microfin India.

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

The average salary of a Area Credit Manager at Muthoot Microfin is 68% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Area Credit Manager at Muthoot Microfin?

Credit Risk, Team Handling, Microfinance, Risk Management and Credit are some of the popular skills required to work as a Area Credit Manager at Muthoot Microfin India.

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

Shriram Finance Area Credit Manager Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
SMFG India Credit Area Credit Manager Salary - ₹6.0 Lakhs to ₹23.7 Lakhs per year
Aditya Birla Finance Area Credit Manager Salary - ₹8.1 Lakhs to ₹21.5 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Equitas Small Finance Bank Area Credit Manager Salary - ₹6.6 Lakhs to ₹21.0 Lakhs per year

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

HDB Financial Services Area Credit Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year
TVS Credit Area Credit Manager Salary - ₹6.6 Lakhs to ₹15.1 Lakhs per year
IIFL Finance Area Credit Manager Salary - ₹5.2 Lakhs to ₹19.2 Lakhs per year
Jana Small Finance Bank Area Credit Manager Salary - ₹5.7 Lakhs to ₹13.6 Lakhs per year
Mahindra Finance Area Credit Manager Salary - ₹5.5 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Area Credit Manager at Muthoot Microfin ranges between ₹28,285 per month to ₹29,675 per month in India. The take-home salary calculation is based on the average Muthoot Microfin Area Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹5.5 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Area Credit Manager at Muthoot Microfin?

According to AmbitionBox, 66% of the Muthoot Microfin Area Credit Managers reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 35 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Area Credit Manager Salaries by Location

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Muthoot Microfin Area Credit Manager Salaries

Muthoot Microfin Area Credit Manager salary in India ranges between ₹2 Lakhs to ₹5.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Area Credit Manager salaries in India (Updated 2025)

Companies similar to Muthoot Microfin for Area Credit Manager

Latest annual salaries shared by Muthoot Microfin Area Credit Manager

Experience wise Muthoot Microfin Area Credit Manager salaries

Similar Designation salaries in Muthoot Microfin

Top skills at Muthoot Microfin for Area Credit Manager

Salary related reviews for Muthoot Microfin

Credit Executive in Near Mushi Pulia Metro Station, Lucknow

Manager in Sangli

Branch Relationship Manager Operation in Bijnor

Senior Relationship Officer in Berhampur

Relationship Officer (working remotely)

Muthoot Microfin Area Credit Manager Salary FAQs

Tell us how to improve this page.

Muthoot Microfin Area Credit Manager Salaries by Location