Muthoot Microfin Senior Regional Credit Manager Salaries by 4 Employees

7 - 14 years exp.

₹4.2 Lakhs - ₹6.1 Lakhs

Low Confidence

Salary of majority employees

80% less than the average Senior Regional Credit Manager Salary in NBFC Companies for 7 - 14 years of experience

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Last Updated: 29 Oct 2023

Companies similar to Muthoot Microfin for Senior Regional Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Senior Regional Credit Manager Salary 15 - 23 years exp. (10 salaries)	₹22.5 L/yr - ₹42 L/yr 443% more
Veritas Finance Senior Regional Credit Manager Salary 26 - 29 years exp. (3 salaries)	₹22 L/yr - ₹29.8 L/yr 441% more
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Bajaj Finserv Senior Regional Credit Manager Salary 12 - 15 years exp. (4 salaries)	₹21.3 L/yr - ₹40 L/yr 516% more
Cholamandalam Investment & Finance Senior Regional Credit Manager Salary 11 - 16 years exp. (4 salaries)	₹29 L/yr - ₹45 L/yr 638% more
Poonawalla Fincorp Senior Regional Credit Manager Salary 16 - 19 years exp. (4 salaries)	₹22.5 L/yr - ₹31.7 L/yr 448% more

Senior Regional Credit Manager salary at Muthoot Microfin ranges between ₹4.2 Lakhs to ₹6.1 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Microfin.

Experience wise Muthoot Microfin Senior Regional Credit Manager salaries

Last Updated: 29 Oct 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.1 L/yr
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9 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
11 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.7 L/yr
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
13 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
14 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹4.2 L/yr

View all

Similar Designation salaries in Muthoot Microfin

Regional Credit Manager Salary

(4 salaries)

₹4.2 L/yr - ₹7 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹5 L/yr - ₹10.13 L/yr

Area Credit Manager Salary

(28 salaries)

₹2 L/yr - ₹5.5 L/yr

Branch Credit Manager Salary

(160 salaries)

₹1.75 L/yr - ₹3.5 L/yr

Senior Credit Officer Salary

(5 salaries)

₹1.9 L/yr - ₹2.8 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Credit Manager Salary

(9 salaries)

₹2.2 L/yr - ₹2.88 L/yr

Relationship Manager Salary

(5 salaries)

₹1.2 L/yr - ₹2.43 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹8.6 L/yr - ₹11 L/yr

Branch Manager Salary

(108 salaries)

₹2 L/yr - ₹4.5 L/yr

Salary related reviews for Muthoot Microfin

5.0

Rated by 1 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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Muthoot Microfin Senior Regional Credit Manager Salary FAQs

What is the salary of Senior Regional Credit Manager at Muthoot Microfin ?

The average salary of a Senior Regional Credit Manager at Muthoot Microfin in India typically ranges from ₹4.2 Lakhs to ₹6.1 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Senior Regional Credit Manager at Muthoot Microfin earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.1 Lakhs per year. Senior Regional 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 4 Muthoot Microfin employees in India.

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

The estimated take-home salary of a Senior Regional Credit Manager at Muthoot Microfin in India typically ranges from ₹37,815 to ₹39,013 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹6.1 Lakhs per year for employees with experience ranging from 7 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 4 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 Senior Regional Credit Manager in India?

Cholamandalam Investment & Finance	₹29.0 Lakhs to ₹45.0 Lakhs per year
Bajaj Finserv	₹21.3 Lakhs to ₹40.0 Lakhs per year
Poonawalla Fincorp	₹22.5 Lakhs to ₹31.7 Lakhs per year
Bajaj Finance	₹22.5 Lakhs to ₹42.0 Lakhs per year
Veritas Finance	₹22.0 Lakhs to ₹29.8 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.

How the salary growth look like for a Senior Regional Credit Manager at Muthoot Microfin in India?

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

Experience	Average Salary Range
7 years	₹6.1 Lakhs to ₹6.1 Lakhs per year
8 years	₹2.3 Lakhs to ₹6.1 Lakhs per year
9 years	₹4.9 Lakhs to ₹6.3 Lakhs per year
10 years	₹4.6 Lakhs to ₹5.9 Lakhs per year

and so on.

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Muthoot Microfin Senior Regional Credit Manager Salaries

Muthoot Microfin Senior Regional Credit Manager salary in India ranges between ₹4.2 Lakhs to ₹6.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Muthoot Microfin latest salaries received from various employees of Muthoot Microfin.