Muthoot Money Area Credit Manager Salaries by 5 Employees (Updated 2025)

10 - 15 years exp.

₹4.6 Lakhs - ₹7.5 Lakhs

Salary of majority employees

50% less than the average Area Credit Manager Salary in Financial Services Companies for 10 - 15 years of experience

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Salaries in different departments

Risk Management & Compliance Area Credit Manager Salary 14 - 15 years exp. (3 salaries)	₹6.8 L/yr - ₹7.4 L/yr
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Finance & Accounting Area Credit Manager Salary 10 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.1 L/yr

Last Updated: 31 Dec 2024

Companies similar to Muthoot Money for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Area Credit Manager Salary 6 - 17 years exp. (23 salaries)	₹10 L/yr - ₹21 L/yr 134% more
Bajaj Finance Area Credit Manager Salary 3 - 12 years exp. (84 salaries)	₹4.4 L/yr - ₹16.7 L/yr 71% more
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HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (229 salaries)	₹6.1 L/yr - ₹17 L/yr 88% more
Mahindra Finance Area Credit Manager Salary 7 - 19 years exp. (10 salaries)	₹5.5 L/yr - ₹14 L/yr 50% more
Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (238 salaries)	₹5 L/yr - ₹18.6 L/yr 103% more
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (129 salaries)	₹6 L/yr - ₹20 L/yr 122% more	2 job openings
Edelweiss Area Credit Manager Salary 3 - 11 years exp. (40 salaries)	₹7.3 L/yr - ₹19 L/yr 87% more
Reliance Capital Area Credit Manager Salary 6 - 14 years exp. (7 salaries)	₹8.9 L/yr - ₹19 L/yr 158% more
Tata Capital Area Credit Manager Salary 2 - 14 years exp. (140 salaries)	₹8 L/yr - ₹27.5 L/yr 198% more	13 job openings
Karvy Financial Services Area Credit Manager Salary 12 - 14 years exp. (3 salaries)	₹12 L/yr - ₹13.2 L/yr 108% more

Area Credit Manager salary at Muthoot Money ranges between ₹4.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Money.

Experience wise Muthoot Money Area Credit Manager salaries

Last Updated: 31 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹8.3 L/yr
11 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹5.9 L/yr
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12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
13 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
14 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹6.8 L/yr
15+ years (3 salaries)	₹7 L/yr - ₹7.5 L/yr

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Similar Designation salaries in Muthoot Money

Credit Manager Salary

(AmbitionBox Estimate)

₹7.4 L/yr - ₹9.4 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹6.8 L/yr - ₹8.6 L/yr

Branch Manager Salary

(10 salaries)

₹3.1 L/yr - ₹6 L/yr

Sales Manager Salary

(20 salaries)

₹3 L/yr - ₹6.5 L/yr

Credit Officer Salary

(AmbitionBox Estimate)

₹2.1 L/yr - ₹2.6 L/yr

Relationship Manager Salary

(4 salaries)

₹2.5 L/yr - ₹2.9 L/yr

Deputy Manager Salary

(6 salaries)

₹5.3 L/yr - ₹9 L/yr

Credit Analyst Salary

(5 salaries)

₹3.25 L/yr - ₹4.25 L/yr

Credit Underwriter Salary

(AmbitionBox Estimate)

₹2.5 L/yr - ₹3.2 L/yr

Credit Executive Salary

(6 salaries)

₹1.5 L/yr - ₹2.8 L/yr

Salary related reviews for Muthoot Money

4.0

Rated by 2 employees for salary & benefits

Sales Manager in Kancheepuram

Full Time

Finance & Accounting Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Likes

Carriers Spoil this company last 3month Future spoil in company not sitting in office. Waste of reporting manager

Dislikes

EMPOLYEE not safety and salary issue. reporting manager Communication Nil not supported. . Wrost of company totally waste of company

Operations in Hyderabad / Secunderabad

Operations Department

1.0

• posted on 02 May 2021

1.0

for Salary and Benefits

Likes

HR policy very worst, offer letter and take home completely different ex. package,is 2.5lkahs,but we get just 2.2 lakhs waste company.

Dislikes

No Growth, we Technology software not there complete manual process, everyone HOD feel like MD.

Cluster Manager-Banking Operations in Vijayawada

Full Time

Marketing & Communication Department

2.0

• posted on 18 Jan 2022

1.0

for Salary and Benefits

Likes

There is no job security, In carona first phase 120 employees jobs as taken suddenly, And remaining employees paid May salary and not paid April20 salary, Even in second wave may21 month paid 60% salary

Dislikes

Even carona situatuons, Thumb is manadatory for attendance and cant respect emoloyees, Cant pay salaries and conveyances properly

Assistant Manager O&M in Madurai (working remotely)

Full Time

Other Department

1.0

• posted on 03 Oct 2024

1.0

for Salary and Benefits

Dislikes

No one's not giving to proper training Not supporting to higher level staffs Appraisal trying not properly to given all. Very worst training with in 8hrs training and not giving to training certificate. After some error or some problem no one other carrying

HR Executive Recruiter in Hyderabad / Secunderabad

Full Time

Human Resources Department

1.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing

Dislikes

I don't like anything in muthoot, they treat their employees like a slave, there is no respect at all. And your openion is not considered for any change of management. Boss culture is there.

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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 Money Area Credit Manager Salary FAQs

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

Area Credit Manager salary at Muthoot Money in India ranges between ₹4.6 Lakhs to ₹7.5 Lakhs for experience between 10 years to 15 years. According to our estimates it is 50% less than the average Area Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Muthoot Money India.

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

The average salary of a Area Credit Manager at Muthoot Money is 50% less than the average salary of a Area Credit Manager in India. To know exact salary insights, login to view.

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

Tata Capital Area Credit Manager Salary - ₹8.0 Lakhs to ₹27.5 Lakhs per year
Reliance Capital Area Credit Manager Salary - ₹8.9 Lakhs to ₹19.0 Lakhs per year
Shriram Finance Area Credit Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
L&T Finance Area Credit Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Karvy Financial Services Area Credit Manager Salary - ₹12.0 Lakhs to ₹13.2 Lakhs per year

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

Cholamandalam Investment & Finance Area Credit Manager Salary - ₹5.0 Lakhs to ₹18.6 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹6.1 Lakhs to ₹17.0 Lakhs per year
Edelweiss Area Credit Manager Salary - ₹7.3 Lakhs to ₹19.0 Lakhs per year
Bajaj Finance Area Credit Manager Salary - ₹4.4 Lakhs to ₹16.7 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 Money in India?

The estimated take-home salary of a Area Credit Manager at Muthoot Money ranges between ₹45,255 per month to ₹46,342 per month in India. The take-home salary calculation is based on the average Muthoot Money Area Credit Manager salary in India which ranges between ₹4.6 Lakhs to ₹7.5 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 25% of the Muthoot Money Area Credit Managers reported a notice period of 15 days or less, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Muthoot Money Area Credit Manager Salaries by Location

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Muthoot Money Area Credit Manager Salaries

Muthoot Money Area Credit Manager salary in India ranges between ₹4.6 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Muthoot Money latest salaries received from various employees of Muthoot Money.