Muthoot Microfin Senior Area Credit Manager Salaries by 3 Employees (Updated 2025)

3 - 6 years exp.

₹2.5 Lakhs - ₹2.6 Lakhs

Low Confidence

Salary of majority employees

80% less than the average Senior Area Credit Manager Salary in NBFC Companies for 3 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Area Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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Finance & Accounting Senior Area Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.8 L/yr

Last Updated: 13 Jun 2023

Companies similar to Muthoot Microfin for Senior Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Jana Small Finance Bank Senior Area Credit Manager Salary 11 - 18 years exp. (4 salaries)	₹6.5 L/yr - ₹12 L/yr 249% more
Bajaj Finance Senior Area Credit Manager Salary 6 - 15 years exp. (32 salaries)	₹8.6 L/yr - ₹15.5 L/yr 380% more
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Bajaj Finserv Senior Area Credit Manager Salary 6 - 11 years exp. (15 salaries)	₹9.5 L/yr - ₹15 L/yr 363% more
Profectus Capital Senior Area Credit Manager Salary 5 - 10 years exp. (14 salaries)	₹14.1 L/yr - ₹19 L/yr 528% more
Cholamandalam Investment & Finance Senior Area Credit Manager Salary 8 - 17 years exp. (8 salaries)	₹11 L/yr - ₹18.5 L/yr 504% more

Senior Area Credit Manager salary at Muthoot Microfin ranges between ₹2.5 Lakhs to ₹2.6 Lakhs per year for employees with experience between 3 years to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Area Credit Manager salaries

Last Updated: 13 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
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5 years (AmbitionBox Estimate)	₹1 L/yr - ₹2.6 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹2.6 L/yr

Similar Designation salaries in Muthoot Microfin

Area Credit Manager Salary

(29 salaries)

₹2 L/yr - ₹5.5 L/yr

Regional Credit Manager Salary

(4 salaries)

₹4.2 L/yr - ₹7 L/yr

Senior Credit Officer Salary

(5 salaries)

₹1.9 L/yr - ₹2.8 L/yr

Branch Credit Manager Salary

(147 salaries)

₹1.75 L/yr - ₹3.5 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹5 L/yr - ₹10.13 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Credit Manager Salary

(12 salaries)

₹2 L/yr - ₹2.88 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Branch Manager Salary

(94 salaries)

₹2 L/yr - ₹4.1 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.4 L/yr

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

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.

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.

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.

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

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

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

Dislikes

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Muthoot Microfin Senior Area Credit Manager Salary FAQs

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

According to AmbitionBox, 50% of the Muthoot Microfin Senior Area Credit Managers reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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Muthoot Microfin Senior Area Credit Manager Salaries

Muthoot Microfin Senior Area Credit Manager salary in India ranges between ₹2.5 Lakhs to ₹2.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.