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Muthoot Microfin Credit Manager salaries in India

Annual salary range
1 - 6 years exp.
₹2.2 Lakhs - ₹2.9 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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66% less than the average Credit Manager Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Credit Manager Salary
1 - 3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.9 L/yr

Risk Management & Compliance
Credit Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.7 L/yr

Customer Success, Service & Operations
Credit Manager Salary
3 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.7 L/yr

Last Updated: 2 Oct 2024

Companies similar to Muthoot Microfin for Credit Manager

Company name Avg Annual Salary Open Jobs
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₹2.2 L/yr - ₹3.6 L/yr

arrow icon 13% more
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₹3.3 L/yr - ₹7.3 L/yr

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3 job openings
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₹2.4 L/yr - ₹5.1 L/yr

arrow icon 35% more
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₹1.1 L/yr - ₹3.5 L/yr

arrow icon 7% more
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Equitas Small Finance Bank Credit Manager Salary

2 - 15 years exp. (175 salaries)

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₹2.2 L/yr - ₹9.7 L/yr

arrow icon 108% more
8 job openings
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Jana Small Finance Bank Credit Manager Salary

2 - 12 years exp. (190 salaries)

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₹1.5 L/yr - ₹10 L/yr

arrow icon 122% more
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Svatantra Microfin Credit Manager Salary

3 - 4 years exp. (4 salaries)

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₹3.2 L/yr - ₹5.8 L/yr

arrow icon 97% more
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Annapurna Finance Credit Manager Salary

2 - 10 years exp. (196 salaries)

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₹2.7 L/yr - ₹6.2 L/yr

arrow icon 65% more
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CreditAccess Grameen Credit Manager Salary

1 - 7 years exp. (12 salaries)

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₹2.4 L/yr - ₹3.8 L/yr

arrow icon 12% more
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Utkarsh Small Finance Bank Credit Manager Salary

1 - 10 years exp. (278 salaries)

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₹2 L/yr - ₹8.6 L/yr

arrow icon 83% more
2 job openings
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HDB Financial Services Credit Manager Salary

0 - 12 years exp. (474 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 74% more
1 job opening
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SMFG India Credit Credit Manager Salary

0 - 13 years exp. (342 salaries)

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₹2.4 L/yr - ₹10.9 L/yr

arrow icon 149% more
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Aditya Birla Finance Credit Manager Salary

0 - 10 years exp. (318 salaries)

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₹4 L/yr - ₹11.3 L/yr

arrow icon 170% more
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Bajaj Finance Credit Manager Salary

1 - 9 years exp. (395 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 127% more
4 job openings
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IIFL Finance Credit Manager Salary

0 - 10 years exp. (179 salaries)

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₹2.3 L/yr - ₹10.1 L/yr

arrow icon 119% more
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Shriram Finance Credit Manager Salary

0 - 12 years exp. (139 salaries)

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₹1.8 L/yr - ₹10.4 L/yr

arrow icon 108% more
2 job openings
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IIFL SAMASTA Credit Manager Salary

1 - 11 years exp. (122 salaries)

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₹1 L/yr - ₹6.8 L/yr

arrow icon 62% more
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Mahindra Finance Credit Manager Salary

1 - 14 years exp. (110 salaries)

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₹2.3 L/yr - ₹12.7 L/yr

arrow icon 166% more
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L&T Finance Credit Manager Salary

1 - 10 years exp. (90 salaries)

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₹3.6 L/yr - ₹14 L/yr

arrow icon 204% more
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₹2 L/yr - ₹8.5 L/yr

arrow icon 77% more
View all
Credit Manager salary at Muthoot Microfin ranges between ₹2.2 Lakhs to ₹2.9 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 9 latest salaries received from various employees of Muthoot Microfin.

Latest annual salaries shared by Muthoot Microfin Credit Manager

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Experience wise Muthoot Microfin Credit Manager salaries

Last Updated: 2 Oct 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.7 L/yr
2 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.7 L/yr
3 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹2.7 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹2.2 L/yr - ₹4.8 L/yr
View all

Similar Designation salaries in Muthoot Microfin

Credit Officer Salary
(69 salaries)
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₹1.4 L/yr - ₹2.7 L/yr
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₹2 L/yr - ₹5.5 L/yr
Branch Manager Salary
(108 salaries)
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₹2 L/yr - ₹4.5 L/yr
Deputy Manager Salary
(35 salaries)
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₹2.9 L/yr - ₹6 L/yr
Chief Manager Salary
(20 salaries)
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₹8.4 L/yr - ₹19 L/yr
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₹5 L/yr - ₹10.13 L/yr
Sales Manager Salary
(6 salaries)
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₹1.84 L/yr - ₹3.19 L/yr
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₹1.75 L/yr - ₹3.5 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹4.2 L/yr - ₹7 L/yr

Salary related reviews for Muthoot Microfin

3.1

Rated by 6 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +2 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

My reporting persons behaviour was not good. Nothing else.

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.

read more
  • 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

read more
  • Work satisfaction - Poor

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

read more

Dislikes

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

read more
  • Salary - Bad
  • +5 more

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

read more
  • Promotions - Bad
see more salary related reviews

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Muthoot Microfin Credit Manager Salary FAQs

What is the salary of Credit Manager at Muthoot Microfin ?
The average salary of a Credit Manager at Muthoot Microfin in India typically ranges from ₹2.2 Lakhs to ₹2.9 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Credit Manager at Muthoot Microfin earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.9 Lakhs per year. 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 9 Muthoot Microfin employees in India.
What is the estimated take home salary of a Credit Manager at Muthoot Microfin in India?
The estimated take-home salary of a Credit Manager at Muthoot Microfin in India typically ranges from ₹18,789 to ₹20,471 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.9 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 9 salaries received from various employees of Muthoot Microfin. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Muthoot Microfin for Credit Manager in India?
Tata Motors Finance ₹7.1 Lakhs to ₹12.8 Lakhs per year
L&T Finance ₹3.6 Lakhs to ₹14.0 Lakhs per year
Arohan Financial Services ₹5.9 Lakhs to ₹10.5 Lakhs per year
Aditya Birla Finance ₹4.0 Lakhs to ₹11.3 Lakhs per year
Mahindra Finance ₹2.3 Lakhs to ₹12.7 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 Credit Manager in companies similar to Muthoot Microfin in India?
The salary of a Credit Manager at companies similar to Muthoot Microfin in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMFG India Credit ₹2.4 Lakhs to ₹10.9 Lakhs per year
Bajaj Finance ₹2.0 Lakhs to ₹9.0 Lakhs per year
Jana Small Finance Bank ₹1.5 Lakhs to ₹10.0 Lakhs per year
IIFL Finance ₹2.3 Lakhs to ₹10.1 Lakhs per year
TVS Credit ₹3.3 Lakhs to ₹8.8 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 Credit Manager at Muthoot Microfin in India?
The salary growth for a Credit Manager at Muthoot Microfin depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Muthoot Microfin:

Experience Average Salary Range
1 year ₹2.4 Lakhs to ₹4.7 Lakhs per year
2 years ₹2.4 Lakhs to ₹4.7 Lakhs per year
3 years ₹2.4 Lakhs to ₹2.7 Lakhs per year
4 years ₹2.4 Lakhs to ₹4.8 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Microfin Credit Manager salary in India ranges between ₹2.2 Lakhs to ₹2.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.