Muthoot Pappachan Group Credit Manager Salaries by 7 Employees

0 - 7 years exp.

₹1.8 Lakh - ₹6.2 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

53% less than the average Credit Manager Salary in Financial Services Companies for 0 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 7 years exp. (4 salaries)	₹1.8 L/yr - ₹6.2 L/yr
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Finance & Accounting Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.2 L/yr

Last Updated: 12 Mar 2023

Companies similar to Muthoot Pappachan Group for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Manager Salary 1 - 9 years exp. (385 salaries)	₹2.5 L/yr - ₹8.9 L/yr 64% more
Cholamandalam Investment & Finance Credit Manager Salary 2 - 12 years exp. (153 salaries)	₹1.7 L/yr - ₹10 L/yr 60% more
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Aditya Birla Capital Credit Manager Salary 3 - 10 years exp. (152 salaries)	₹4 L/yr - ₹10.4 L/yr 109% more
IDFC FIRST Bharat Credit Manager Salary 3 - 10 years exp. (68 salaries)	₹3.5 L/yr - ₹8.3 L/yr 40% more
Citicorp Credit Manager Salary 5 - 14 years exp. (36 salaries)	₹6.8 L/yr - ₹27.9 L/yr 348% more
HSBC Group Credit Manager Salary 1 - 10 years exp. (24 salaries)	₹4.6 L/yr - ₹17.6 L/yr 214% more
HDFC Sales Credit Manager Salary 3 - 11 years exp. (23 salaries)	₹3 L/yr - ₹8.7 L/yr 56% more
The Muthoot Group Credit Manager Salary 0 - 11 years exp. (16 salaries)	₹3.4 L/yr - ₹6.4 L/yr 38% more
Shriram Group Credit Manager Salary 2 - 8 years exp. (9 salaries)	₹6 L/yr - ₹11 L/yr 149% more
RBL FinServe Credit Manager Salary 3 - 8 years exp. (6 salaries)	₹2.3 L/yr - ₹4.5 L/yr 21% more
Motilal Oswal Financial Services Credit Manager Salary 0 - 13 years exp. (5 salaries)	₹5.1 L/yr - ₹6.5 L/yr 57% more
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Wells Fargo Credit Manager Salary 2 - 11 years exp. (5 salaries)	₹7.7 L/yr - ₹25 L/yr 386% more
Karvy Financial Services Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹4.6 L/yr - ₹7.8 L/yr 82% more
American Express Credit Manager Salary 4 - 13 years exp. (4 salaries)	₹15.7 L/yr - ₹35 L/yr 546% more
JPMorgan Chase & Co. Credit Manager Salary 3 - 4 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 678% more

Credit Manager salary at Muthoot Pappachan Group ranges between ₹1.8 Lakh to ₹6.2 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 7 latest salaries received from various employees of Muthoot Pappachan Group.

Experience wise Muthoot Pappachan Group Credit Manager salaries

Last Updated: 12 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹1.8 L/yr
1 year (AmbitionBox Estimate)	₹0.8 L/yr - ₹2.5 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
3 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹3 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.7 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
7 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.2 L/yr

View all

Similar Designation salaries in Muthoot Pappachan Group

Credit Officer Salary

(19 salaries)

₹1.5 L/yr - ₹3.2 L/yr

Area Credit Manager Salary

(7 salaries)

₹2.2 L/yr - ₹3 L/yr

Branch Manager Salary

(38 salaries)

₹1 L/yr - ₹5.5 L/yr

Deputy Manager Salary

(5 salaries)

₹3.15 L/yr - ₹5.55 L/yr

Sales Manager Salary

(5 salaries)

₹3 L/yr - ₹3.6 L/yr

Branch Credit Manager Salary

(5 salaries)

₹2 L/yr - ₹4.15 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

Credit Executive Salary

(5 salaries)

₹1.25 L/yr - ₹3 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Top skills at Muthoot Pappachan Group for Credit Manager

Credit Credit Risk Management Credit Control

Salary related reviews for Muthoot Pappachan Group

4.0

Rated by 1 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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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Muthoot Pappachan Group Credit Manager Salary FAQs

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

The average salary of a Credit Manager at Muthoot Pappachan Group in India typically ranges from ₹1.8 Lakhs to ₹6.2 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Credit Manager at Muthoot Pappachan Group earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Credit Manager Salaries at Muthoot Pappachan Group 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 7 Muthoot Pappachan Group employees in India.

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

The estimated take-home salary of a Credit Manager at Muthoot Pappachan Group in India typically ranges from ₹26,647 to ₹28,061 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from Fresher to 7 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 7 salaries received from various employees of Muthoot Pappachan Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Credit Manager at Muthoot Pappachan Group ?

To be a Credit Manager at Muthoot Pappachan Group in india, the key skills required include:

- Credit
- Credit Risk Management
- Credit Control

These skills are highly valued at Muthoot Pappachan Group and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Muthoot Pappachan Group for Credit Manager in India?

JPMorgan Chase & Co.	₹22.5 Lakhs to ₹40.0 Lakhs per year
American Express	₹15.7 Lakhs to ₹35.0 Lakhs per year
Wells Fargo	₹7.7 Lakhs to ₹25.0 Lakhs per year
Citicorp	₹6.8 Lakhs to ₹27.9 Lakhs per year
HSBC Group	₹4.6 Lakhs to ₹17.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Pappachan Group, depending on the role and experience level.

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

The salary of a Credit Manager at companies similar to Muthoot Pappachan Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shriram Group	₹6.0 Lakhs to ₹11.0 Lakhs per year
Aditya Birla Capital	₹4.0 Lakhs to ₹10.4 Lakhs per year
Karvy Financial Services	₹4.6 Lakhs to ₹7.8 Lakhs per year
Bajaj Finserv	₹2.5 Lakhs to ₹8.9 Lakhs per year
Cholamandalam Investment & Finance	₹1.7 Lakhs to ₹10.0 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 Credit Manager at Muthoot Pappachan Group in India?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹1.8 Lakhs per year
1 year	₹0.8 Lakhs to ₹2.5 Lakhs per year
2 years	₹2.3 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹5.9 Lakhs per year

and so on.

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Muthoot Pappachan Group Credit Manager Salaries by Location

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Muthoot Pappachan Group Credit Manager Salaries

Muthoot Pappachan Group Credit Manager salary in India ranges between ₹1.8 Lakh to ₹6.2 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.

Muthoot Pappachan Group Credit Manager salaries in India

Companies similar to Muthoot Pappachan Group for Credit Manager

Latest annual salaries shared by Muthoot Pappachan Group Credit Manager

Experience wise Muthoot Pappachan Group Credit Manager salaries

Similar Designation salaries in Muthoot Pappachan Group

Top skills at Muthoot Pappachan Group for Credit Manager

Salary related reviews for Muthoot Pappachan Group

Branch Manager

Senior Executive Operations in Kochi

Customer Service Executive in Hubli

IT Engineer in Thiruvananthapuram

Senior Branch Manager in Kolkata

Muthoot Pappachan Group Credit Manager Salary FAQs

Tell us how to improve this page.

Muthoot Pappachan Group Credit Manager Salaries by Location