Muthoot Pappachan Group Area Credit Manager Salaries by 7 Employees (Updated 2025)

2 - 5 years exp.

₹2.2 Lakhs - ₹3 Lakhs

Low Confidence

Salary of majority employees

79% less than the average Area Credit Manager Salary in Financial Services Companies for 2 - 5 years of experience

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Salaries in different departments

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

Last Updated: 15 Mar 2023

Companies similar to Muthoot Pappachan Group for Area Credit Manager

Company name	Avg Annual Salary	Open Jobs
Shriram Finance Area Credit Manager Salary 5 - 13 years exp. (21 salaries)	₹9.5 L/yr - ₹21 L/yr 495% more
Poonawalla Fincorp Area Credit Manager Salary 2 - 13 years exp. (225 salaries)	₹5.2 L/yr - ₹20 L/yr 386% more
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Bajaj Finance Area Credit Manager Salary 3 - 12 years exp. (85 salaries)	₹4.4 L/yr - ₹14 L/yr 285% more
HDB Financial Services Area Credit Manager Salary 5 - 18 years exp. (225 salaries)	₹6.1 L/yr - ₹16.5 L/yr 357% more
Mahindra Finance Area Credit Manager Salary 7 - 16 years exp. (7 salaries)	₹5.5 L/yr - ₹14 L/yr 291% more
Cholamandalam Investment & Finance Area Credit Manager Salary 6 - 16 years exp. (251 salaries)	₹6.2 L/yr - ₹20 L/yr 400% more
Reliance Capital Area Credit Manager Salary 6 - 14 years exp. (7 salaries)	₹8.9 L/yr - ₹19 L/yr 530% more
Edelweiss Area Credit Manager Salary 3 - 11 years exp. (40 salaries)	₹7.3 L/yr - ₹19 L/yr 355% more
L&T Finance Area Credit Manager Salary 4 - 13 years exp. (130 salaries)	₹6 L/yr - ₹20 L/yr 443% more
Bajaj Finserv Area Credit Manager Salary 4 - 14 years exp. (92 salaries)	₹4.8 L/yr - ₹13.9 L/yr 322% more
Aditya Birla Capital Area Credit Manager Salary 7 - 12 years exp. (65 salaries)	₹10 L/yr - ₹21 L/yr 486% more
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Citicorp Area Credit Manager Salary 8 - 14 years exp. (5 salaries)	₹10 L/yr - ₹15 L/yr 427% more

Area Credit Manager salary at Muthoot Pappachan Group ranges between ₹2.2 Lakhs to ₹3 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Pappachan Group.

Experience wise Muthoot Pappachan Group Area Credit Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
3 years (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr
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4 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹4.5 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3 L/yr

Similar Designation salaries in Muthoot Pappachan Group

Branch Credit Manager Salary

(5 salaries)

₹2 L/yr - ₹4.15 L/yr

Credit Manager Salary

(7 salaries)

₹1.8 L/yr - ₹6.2 L/yr

Deputy Credit Manager Salary

(AmbitionBox Estimate)

₹4.7 L/yr - ₹6 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Branch Manager Salary

(35 salaries)

₹1.6 L/yr - ₹5 L/yr

Sales Manager Salary

(5 salaries)

₹3 L/yr - ₹3.6 L/yr

Credit Officer Salary

(19 salaries)

₹1.5 L/yr - ₹3.2 L/yr

Relationship Manager Salary

(7 salaries)

₹2.2 L/yr - ₹3.2 L/yr

Deputy Manager Salary

(5 salaries)

₹3.15 L/yr - ₹5.55 L/yr

Salary related reviews for Muthoot Pappachan Group

4.3

Rated by 2 employees for salary & benefits

Branch Manager

BFSI, Investments & Trading Department

5.0

• posted on 18 Jul 2019

5.0

for Salary and Benefits

Likes

I am also willing to rejoining but if u high to my previous salary i will rejoined... because this salary reason only my releaving reasons... i have 5 yrs experience on finance field....

Salary - Excellent

+6 more

Dislikes

Salary is very low at branch manager role... my previous company salary is compare to muthoot is low.

Senior Executive Operations in Kochi

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 03 Aug 2023

3.0

for Salary and Benefits

Likes

Friendly colleagues

Skill development - Good

+2 more

Dislikes

Salary increment & Promotion. Despite working at MCSL for the past 5 years, some senior staff is receiving the an equal or lower salary compared to the salary given to the new joiners, despite having the same work role. No work life balance. Requires to Work till midnight is an usual act.

Promotions - Bad

+1 more

Customer Service Executive in Hubli

All Over Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Work culture will be depend on cluster Reporting Manager AM RM & salary in time on job training

Company culture - Excellent

Dislikes

Lot of paper work And no increments career growth is slow People If ur young don't join if ur age is 45 and still u want to work then go head perfect job for those people and they will never address our issue TPP will be biggest enemy Lot of politics very poor in digitalization ,long process if get into MPG just u will feel like ur still in 1990's

Skill development - Bad

+2 more

IT Engineer in Thiruvananthapuram

Information Technology Department

1.0

• posted on 22 May 2021

1.0

for Salary and Benefits

Likes

Company is good

Company culture - Good

Dislikes

Very less pay and compensation, except that Orion application team all other team members are good, for biotechnology students they normally give software engineer roles, for M. Tech graduates they use to give support role in non technical side, because their standards are like that, substandard company in technopark trivandrum

Salary - Bad

+4 more

Senior Branch Manager in Kolkata

Marketing & Communication Department

3.0

• posted on 20 Jul 2020

1.0

for Salary and Benefits

Likes

Work culture very bad, non suportive. Very bad experience in pandemic time. Not giving salary for two months. No appraisal, no incentives. My one year incentives also not given

Dislikes

Pawn broker time thinking, maximum higher authority not supotive. Management and HR does not addressed our issues. Before and After resign creating problem. Job trainee also not given to new trainee

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Muthoot Pappachan Group Area Credit Manager Salary FAQs

What is the salary of Area Credit Manager at Muthoot Pappachan Group?

Area Credit Manager salary at Muthoot Pappachan Group in India ranges between ₹2.2 Lakhs to ₹3.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 79% less than the average Area Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Pappachan Group India.

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

The average salary of a Area Credit Manager at Muthoot Pappachan Group is 79% 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 Pappachan Group to a Area Credit Manager in India?

Reliance Capital Area Credit Manager Salary - ₹8.9 Lakhs to ₹19.0 Lakhs per year
Shriram Finance Area Credit Manager Salary - ₹9.5 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Capital 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
Citicorp Area Credit Manager Salary - ₹10.0 Lakhs to ₹15.0 Lakhs per year

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

Cholamandalam Investment & Finance Area Credit Manager Salary - ₹6.2 Lakhs to ₹20.0 Lakhs per year
Poonawalla Fincorp Area Credit Manager Salary - ₹5.2 Lakhs to ₹20.0 Lakhs per year
HDB Financial Services Area Credit Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year
Edelweiss Area Credit Manager Salary - ₹7.3 Lakhs to ₹19.0 Lakhs per year
Bajaj Finserv Area Credit Manager Salary - ₹4.8 Lakhs to ₹13.9 Lakhs per year

What is the estimated take home salary of a Area Credit Manager at Muthoot Pappachan Group in India?

The estimated take-home salary of a Area Credit Manager at Muthoot Pappachan Group ranges between ₹17,013 per month to ₹18,721 per month in India. The take-home salary calculation is based on the average Muthoot Pappachan Group Area Credit Manager salary in India which ranges between ₹2.2 Lakhs to ₹3.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Muthoot Pappachan Group Area Credit Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Muthoot Pappachan Group Area Credit Manager Salaries

Muthoot Pappachan Group Area Credit Manager salary in India ranges between ₹2.2 Lakhs to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Muthoot Pappachan Group latest salaries received from various employees of Muthoot Pappachan Group.