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Muthoot Money Head Credit salaries in India

Annual salary range
16 - 19 years exp.
₹25.1 Lakhs - ₹32.3 Lakhs
Salary of majority employees
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Fixed (86%)
₹24.7 Lakhs
Variable (14%)
₹4.1 Lakhs
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32% less than the average Head Credit Salary in Financial Services Companies for 16 - 19 years of experience

Interested in this particular role?

Last Updated: 25 Dec 2023

Companies similar to Muthoot Money for Head Credit

Company name Avg Annual Salary Open Jobs
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L&T Finance Head Credit Salary

14 - 27 years exp. (4 salaries)

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₹56.2 L/yr - ₹70 L/yr

arrow icon 123% more
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Ugro Capital Head Credit Salary

14 - 17 years exp. (4 salaries)

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₹40 L/yr - ₹66.5 L/yr

arrow icon 86% more
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Sundaram Home Finance Head Credit Salary

21 - 23 years exp. (4 salaries)

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₹43 L/yr - ₹65 L/yr

arrow icon 69% more
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Hedge Finance Head Credit Salary

5 - 11 years exp. (4 salaries)

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₹12 L/yr - ₹16 L/yr

arrow icon 53% less
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₹3.8 L/yr - ₹4.2 L/yr

arrow icon 86% less
Head Credit salary at Muthoot Money ranges between ₹25.1 Lakhs to ₹32.3 Lakhs per year for employees with experience between 16 years to 19 years. Salary estimates are based on 4 latest salaries received from various employees of Muthoot Money.

Latest annual salaries shared by Muthoot Money Head Credit

1y ago
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19 years exp.
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18 years exp.
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16 years exp.
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17 years exp.

Experience wise Muthoot Money Head Credit salaries

Last Updated: 25 Dec 2023

Experience Avg Annual Salary
15+ years  (4 salaries)

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₹25.1 L/yr - ₹32.3 L/yr

Similar Designation salaries in Muthoot Money

Credit Analyst Salary
(5 salaries)
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₹3.25 L/yr - ₹4.25 L/yr
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₹4.6 L/yr - ₹7.5 L/yr
Credit Officer Salary
(AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr
Branch Manager Salary
(10 salaries)
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₹3.1 L/yr - ₹6 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Credit Manager Salary
(AmbitionBox Estimate)
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₹7.4 L/yr - ₹9.4 L/yr
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₹1.5 L/yr - ₹2.8 L/yr
Sales Officer Salary
(3 salaries)
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₹1.6 L/yr - ₹1.9 L/yr
Deputy Manager Salary
(6 salaries)
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₹5.3 L/yr - ₹9 L/yr
Credit Underwriter Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr

Salary related reviews for Muthoot Money

3.0

Rated by 1 employees for salary & benefits

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Work-life balance - Excellent

Dislikes

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

  • Salary - Bad
  • +5 more

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

read more

Dislikes

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

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 21 Jan 2025

2.0
 for  Salary and Benefits

Likes

Work culture and my supervisor are very good handling.

Dislikes

Once you can properly reliving this company.then you can't get received from settlement and not properly Reliving letter and experience letter also. HR department are very slow and not responding by any messages .

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Human Resources Department

1.0
  •  posted on 25 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing

  • Job security - Good

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.

read more
  • Skill development - Bad
  • +4 more
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Muthoot Money Head Credit Salary FAQs

What is the salary of Head Credit at Muthoot Money ?
The average salary of a Head Credit at Muthoot Money in India typically ranges from ₹25.1 Lakhs to ₹32.3 Lakhs per year, depending on experience (from 16 years to 19 years).

The top 10% of Head Credit at Muthoot Money earn more than ₹32.3 Lakhs per year, and the top 1% earn over ₹32.3 Lakhs per year. Head Credit Salaries at Muthoot Money 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 Money employees in India.
What is the estimated take home salary of a Head Credit at Muthoot Money in India?
The estimated take-home salary of a Head Credit at Muthoot Money in India typically ranges from ₹1,78,471 to ₹1,85,404 per month. This is based on the average salary range of ₹25.1 Lakhs to ₹32.3 Lakhs per year for employees with experience ranging from 16 years to 19 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 Money. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Muthoot Money for Head Credit in India?
L&T Finance ₹56.2 Lakhs to ₹70.0 Lakhs per year
Ugro Capital ₹40.0 Lakhs to ₹66.5 Lakhs per year
Sundaram Home Finance ₹43.0 Lakhs to ₹65.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Money, depending on the role and experience level.
What is the salary of a Head Credit in companies similar to Muthoot Money in India?
The salary of a Head Credit at companies similar to Muthoot Money in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hedge Finance ₹12.0 Lakhs to ₹16.0 Lakhs per year
Vjvr Advisory & Consultancy ₹3.8 Lakhs to ₹4.2 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 Head Credit at Muthoot Money in India?
The salary growth for a Head Credit at Muthoot Money depends on factors such as experience, performance, and promotions. On average, a Head Credit can expect the following growth trajectory at Muthoot Money:

Experience Average Salary Range
15 years ₹25.1 Lakhs to ₹32.3 Lakhs per year
and so on.

Tell us how to improve this page.

Muthoot Money Head Credit salary in India ranges between ₹25.1 Lakhs to ₹32.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Muthoot Money latest salaries received from various employees of Muthoot Money.