Muthoot Microfin Chennai Branch Credit Manager Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹1.9 Lakh - ₹3.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

54% less than the average Branch Credit Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Risk Management & Compliance Branch Credit Manager Salary 2 - 3 years exp. (4 salaries)	₹2.2 L/yr - ₹2.7 L/yr
Sales & Business Development Branch Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.5 L/yr
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Customer Success, Service & Operations Branch Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3 L/yr
Finance & Accounting Branch Credit Manager Salary 1 year exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.7 L/yr
Marketing & Communication Branch Credit Manager Salary 2 years exp. (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.7 L/yr

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Last Updated: 14 Mar 2025

Companies similar to Muthoot Microfin for Branch Credit Manager in Chennai

Muthoot Microfin Branch Credit Manager Salary

1 - 6 years exp. (11 salaries)

₹1.9 L/yr - ₹3.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDB Financial Services Branch Credit Manager Salary 0 - 12 years exp. (74 salaries)	₹3 L/yr - ₹7.8 L/yr 94% more	8 job openings
Veritas Finance Branch Credit Manager Salary 1 - 8 years exp. (6 salaries)	₹2.4 L/yr - ₹5.2 L/yr 54% more
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Mahindra Rural Housing Finance Branch Credit Manager Salary 4 - 10 years exp. (5 salaries)	₹3.5 L/yr - ₹6 L/yr 73% more	2 job openings
IIFL Finance Branch Credit Manager Salary 2 - 7 years exp. (4 salaries)	₹3 L/yr - ₹5.5 L/yr 58% more
Bharat Financial Inclusion Branch Credit Manager Salary 1 - 6 years exp. (4 salaries)	₹3.2 L/yr - ₹3.6 L/yr 22% more	1 job opening
L&T Finance Branch Credit Manager Salary 0 - 4 years exp. (3 salaries)	₹4.3 L/yr - ₹5.1 L/yr 68% more

Branch Credit Manager salary at Muthoot Microfin ranges between ₹1.9 Lakh to ₹3.5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 11 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Branch Credit Manager salaries in Chennai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
2 years (4 salaries)	₹1.9 L/yr - ₹2.7 L/yr
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3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
5 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Branch Manager Salary

(10 salaries)

₹2.45 L/yr - ₹4.5 L/yr

Credit Officer Salary

(4 salaries)

₹1.8 L/yr - ₹2.7 L/yr

Top skills at Muthoot Microfin for Branch Credit Manager

Credit Field Work Verbal Communication Microfinance NBFC Credit Analysis Credit Policy Underwriting Rural Finance

Salary related reviews for Muthoot Microfin

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

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

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Muthoot Microfin Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Muthoot Microfin in Chennai?

The average salary of a Branch Credit Manager at Muthoot Microfin in Chennai typically ranges from ₹1.9 Lakhs to ₹3.5 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Branch Credit Manager in Chennai at Muthoot Microfin earn more than ₹3.2 Lakhs per year, and the top 1% earn over ₹3.5 Lakhs per year. Branch Credit Manager Salaries at Muthoot Microfin 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 10+ Muthoot Microfin employees in India.

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

The estimated take-home salary of a Branch Credit Manager at Muthoot Microfin in Chennai typically ranges from ₹18,521 to ₹20,206 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.5 Lakhs per year for employees with experience ranging from 1 year to 6 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 10+ salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Credit Manager at Muthoot Microfin in Chennai?

To be a Branch Credit Manager at Muthoot Microfin in Chennai, the key skills required include:

- Credit
- Field Work
- Verbal Communication
- Microfinance
- NBFC

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

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

HDB Financial Services	₹3.0 Lakhs to ₹7.8 Lakhs per year
Mahindra Rural Housing Finance	₹3.5 Lakhs to ₹6.0 Lakhs per year
L&T Finance	₹4.3 Lakhs to ₹5.1 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹5.5 Lakhs per year
Veritas Finance	₹2.4 Lakhs to ₹5.2 Lakhs per year

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

What is the salary of a Branch Credit Manager in companies similar to Muthoot Microfin in Chennai?

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

Bharat Financial Inclusion

₹3.2 Lakhs to ₹3.6 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 Branch Credit Manager at Muthoot Microfin in Chennai?

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

Experience	Average Salary Range
1 year	₹2.3 Lakhs to ₹2.9 Lakhs per year
2 years	₹1.9 Lakhs to ₹2.7 Lakhs per year
3 years	₹2.4 Lakhs to ₹3.0 Lakhs per year
4 years	₹2.4 Lakhs to ₹3.1 Lakhs per year

and so on.

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Muthoot Microfin Branch Credit Manager Salaries in Chennai

Muthoot Microfin Branch Credit Manager salary in Chennai ranges between ₹1.9 Lakh to ₹3.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.

Muthoot Microfin Branch Credit Manager salaries in Chennai (Updated 2025)

Companies similar to Muthoot Microfin for Branch Credit Manager in Chennai

Latest annual salaries shared by Muthoot Microfin Branch Credit Manager in Chennai

Experience wise Muthoot Microfin Branch Credit Manager salaries in Chennai

Similar Designation salaries in Muthoot Microfin

Top skills at Muthoot Microfin for Branch 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 Branch Credit Manager Salary FAQs

Tell us how to improve this page.