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Annual salary range
10 - 15 years exp.
₹12.5
Lakhs - ₹18.5
Lakhs
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Cluster Credit Manager Salary at Muthoot Finance ranges between ₹12.5 Lakhs to ₹18.5 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 5 latest salaries received...
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52% more than the average Cluster Credit Manager Salary in NBFC Companies for 10 - 15 years of experience
Interested in this particular role? 1 job opening
Companies similar to Muthoot Finance for Cluster Credit Manager
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 SMFG India Credit Cluster Credit Manager Salary
5 - 15 years exp. (64 salaries) |  ₹9 L/yr - ₹15.5 L/yr 
24%
less | |
 HDB Financial Services Cluster Credit Manager Salary
13 - 20 years exp. (40 salaries) | ₹16 L/yr - ₹24 L/yr 
19%
more | 1 job opening |
Login to view exact salary
| ||
 Bajaj Finance Cluster Credit Manager Salary
4 - 18 years exp. (19 salaries) | ₹12.8 L/yr - ₹23 L/yr
8%
more | |
 Capri Global Capital Cluster Credit Manager Salary
5 - 17 years exp. (18 salaries) | ₹12.5 L/yr - ₹16.7 L/yr
7%
less | |
 Kogta Financial India Limited Cluster Credit Manager Salary
9 - 14 years exp. (10 salaries) | ₹5.4 L/yr - ₹12.5 L/yr
46%
less | |
 Manappuram Finance Cluster Credit Manager Salary
7 - 14 years exp. (7 salaries) | ₹5.5 L/yr - ₹7.9 L/yr
57%
less | |
 IIFL Finance Cluster Credit Manager Salary
4 - 14 years exp. (5 salaries) | ₹6 L/yr - ₹8.2 L/yr
58%
less | |
 Kotak Mahindra Prime Cluster Credit Manager Salary
6 - 14 years exp. (5 salaries) | ₹8.4 L/yr - ₹16 L/yr
25%
less | |
 Muthoot Fincorp Cluster Credit Manager Salary
9 - 15 years exp. (4 salaries) | ₹10 L/yr - ₹15 L/yr
27%
less | |
 Bharat Financial Inclusion Cluster Credit Manager Salary
2 - 8 years exp. (4 salaries) | ₹5.4 L/yr - ₹11 L/yr
54%
less | |
 Mahindra Finance Cluster Credit Manager Salary
8 - 10 years exp. (4 salaries) | ₹5.4 L/yr - ₹10.8 L/yr
45%
less | |
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| ||
 Asirvad Microfinance Cluster Credit Manager Salary
15 - 16 years exp. (3 salaries) | ₹10 L/yr - ₹14.5 L/yr
23%
less | |
Muthoot Finance Cluster Credit Manager salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 10 years (AmbitionBox Estimate) |
₹13.1
L/yr
- ₹16.7
L/yr
|
| 11 years (AmbitionBox Estimate) |
₹13.5
L/yr
- ₹17.2
L/yr
|
Login to view exact salary
| |
| 12 years (AmbitionBox Estimate) |
₹13.9
L/yr
- ₹17.8
L/yr
|
| 13 years (AmbitionBox Estimate) |
₹14.4
L/yr
- ₹18.4
L/yr
|
| 14 years (AmbitionBox Estimate) |
₹14.8
L/yr
- ₹18.5
L/yr
|
View all salaries by experience
Similar Designation Salaries at Muthoot Finance
| Similar Designation | Avg. annual salary |
|---|---|
Area Credit Manager Salary
(4 salaries)
| ₹2.5 L/yr - ₹10.1 L/yr |
Deputy Credit Manager Salary
(3 salaries)
| ₹5.1 L/yr - ₹5.6 L/yr |
Login to view exact salary
| |
Zonal Credit Manager Salary
(4 salaries)
| ₹13 L/yr - ₹27 L/yr |
Assistant Credit Manager Salary
(7 salaries)
| ₹3.9 L/yr - ₹6 L/yr |
Regional Credit Manager Salary
(5 salaries)
| ₹20.3 L/yr - ₹22.5 L/yr |
View more similar designations
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Salary Discussions
2w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me.
I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Muthoot Finance Cluster Credit Manager Salary FAQs
What is the salary of Cluster Credit Manager at Muthoot Finance ?
The average salary of a Cluster Credit Manager at Muthoot Finance in India typically ranges from ₹12.5 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 10 years to 15 years).
The top 10% of Cluster Credit Manager at Muthoot Finance earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Cluster Credit Manager Salaries at Muthoot Finance 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 5 Muthoot Finance employees in India.
The top 10% of Cluster Credit Manager at Muthoot Finance earn more than ₹18.5 Lakhs per year, and the top 1% earn over ₹18.5 Lakhs per year. Cluster Credit Manager Salaries at Muthoot Finance 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 5 Muthoot Finance employees in India.
What is the estimated take home salary of a Cluster Credit Manager at Muthoot Finance in India?
The estimated take-home salary of a Cluster Credit Manager at Muthoot Finance in India typically ranges from ₹1,07,817 to ₹1,10,792 per month. This is based on the average salary range of
₹12.5 Lakhs to ₹18.5 Lakhs
per year for employees with experience ranging from 10 years to 15 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 5 salaries received from various employees of Muthoot Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Cluster Credit Manager at Muthoot Finance ?
To be a Cluster Credit Manager at Muthoot Finance in india, the key skills required include:
These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.
- - Credit Appraisal
- - Team Handling
- - Credit Underwriting
- - Personal Loans
- - Credit Management
These skills are highly valued at Muthoot Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Muthoot Finance for Cluster Credit Manager in India?
| HDB Financial Services | ₹16.0 Lakhs to ₹24.0 Lakhs per year |
| Bajaj Finance | ₹12.8 Lakhs to ₹23.0 Lakhs per year |
These companies are known for offering competitive compensation packages that can exceed the salary offered by Muthoot Finance, depending on the role and experience level.
What is the salary of a Cluster Credit Manager in companies similar to Muthoot Finance in India?
The salary of a Cluster Credit Manager at companies similar to Muthoot Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Capri Global Capital | ₹12.5 Lakhs to ₹16.7 Lakhs per year |
| Asirvad Microfinance | ₹10.0 Lakhs to ₹14.5 Lakhs per year |
| SMFG India Credit | ₹9.0 Lakhs to ₹15.5 Lakhs per year |
| Kotak Mahindra Prime | ₹8.4 Lakhs to ₹16.0 Lakhs per year |
| Muthoot Fincorp | ₹10.0 Lakhs to ₹15.0 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 Cluster Credit Manager at Muthoot Finance in India?
The salary growth for a Cluster Credit Manager at Muthoot Finance depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager can expect the following growth trajectory at Muthoot Finance:
and so on.
| Experience | Average Salary Range |
|---|---|
| 10 years | ₹13.1 Lakhs to ₹16.7 Lakhs per year |
| 11 years | ₹13.5 Lakhs to ₹17.2 Lakhs per year |
| 12 years | ₹13.9 Lakhs to ₹17.8 Lakhs per year |
| 13 years | ₹14.4 Lakhs to ₹18.4 Lakhs per year |
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Muthoot Finance Cluster Credit Manager Salaries by Location
- Muthoot Finance Cluster Credit Manager salaries in Mumbai
- Muthoot Finance Cluster Credit Manager salaries in Hyderabad / Secunderabad
- Muthoot Finance Cluster Credit Manager salaries in Nashik
- Muthoot Finance Cluster Credit Manager salaries in Bangalore / Bengaluru
- Muthoot Finance Cluster Credit Manager salaries in Vellore
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Muthoot Finance Cluster Credit Manager salary
in
India
ranges between ₹12.5
Lakhs to ₹18.5
Lakhs with an average annual salary of
₹
. Salary estimates are based on
5
Muthoot Finance latest salaries received from various employees of
Muthoot Finance.