Aavas Financiers Assistant Vice President Credit Salaries by 5 Employees (Updated 2024)

7 - 12 years exp.

₹14.2 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

12% less than the average Assistant Vice President Credit Salary in NBFC Companies for 7 - 12 years of experience

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Salaries in different departments

Finance & Accounting Assistant Vice President Credit Salary 7 years exp. (AmbitionBox Estimate)	₹13.5 L/yr - ₹16.5 L/yr
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Risk Management & Compliance Assistant Vice President Credit Salary 12 years exp. (AmbitionBox Estimate)	₹12.8 L/yr - ₹15.6 L/yr

Last Updated: 22 Nov 2024

Companies similar to Aavas Financiers for Assistant Vice President Credit

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Vice President Credit Salary 4 - 16 years exp. (16 salaries)	₹15.5 L/yr - ₹33 L/yr 31% more
Axis Bank Assistant Vice President Credit Salary 6 - 18 years exp. (11 salaries)	₹19.1 L/yr - ₹29 L/yr 39% more
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Equitas Small Finance Bank Assistant Vice President Credit Salary 7 - 18 years exp. (7 salaries)	₹12 L/yr - ₹17 L/yr 15% less
AU Small Finance Bank Assistant Vice President Credit Salary 5 - 8 years exp. (6 salaries)	₹10.4 L/yr - ₹21.5 L/yr 14% less
Citibank Assistant Vice President Credit Salary 8 - 10 years exp. (5 salaries)	₹24.8 L/yr - ₹31 L/yr 52% more

Assistant Vice President Credit salary at Aavas Financiers ranges between ₹14.2 Lakhs to ₹24 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Assistant Vice President Credit salaries

Last Updated: 22 Nov 2024

Experience	Avg Annual Salary
7 years (3 salaries)	₹15 L/yr - ₹24 L/yr
8 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹24 L/yr
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9 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹21 L/yr
10 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
11 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
12 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹29.1 L/yr

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Similar Designation salaries in Aavas Financiers

Assistant Vice President Salary

(12 salaries)

₹11 L/yr - ₹24 L/yr

Associate Vice President Salary

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₹18.5 L/yr - ₹32 L/yr

Assistant Credit Manager Salary

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₹3.1 L/yr - ₹6.6 L/yr

Branch Credit Manager Salary

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₹3.5 L/yr - ₹8 L/yr

Regional Credit Manager Salary

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₹7 L/yr - ₹14 L/yr

Area Credit Manager Salary

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₹5 L/yr - ₹12 L/yr

Senior Credit Officer Salary

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₹2 L/yr - ₹4.3 L/yr

Credit Underwriter Salary

(4 salaries)

₹2.39 L/yr - ₹3.5 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Branch Manager Salary

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₹3.3 L/yr - ₹8.8 L/yr

Salary related reviews for Aavas Financiers

Credit Officer in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

1.0

• posted on 24 Jul 2024

3.0

for Salary and Benefits

Likes

Salary and incentive are too good

Dislikes

Company is only worst, they don’t have any time management once you join the company you will be treated has worst , Before Joining the company they tell that we are time management and good working culture but it’s not they will keep on extend the system till 10 or 12 midnight who will work for so long day this will keep on running for two to three week same timing, once u enter into this hell you will feel depressed. Main thing is they are following this employment Contract Bond for one year and 2 years due this bond many employees are staying quite or else all employees will be walk out……. So over all the timing and bond system it’s are two things are impacting the employees part from this the company has good shares and good book size in the market the technology are updating they are making the loan availability smoothly.

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 13 Aug 2024

3.0

for Salary and Benefits

Likes

Location near to my home - good understanding with credit team . No salary deduction at time of covid n even get good incentive for sales of hl and lap

Dislikes

Not work Life balanced , even we have to work at every Sunday .

Credit Manager in Jaipur

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 08 May 2023

2.0

for Salary and Benefits

Likes

Experience that i have learned here. There is lot learn for a fresher.

Dislikes

work culture HR policy for employees welfare and retention Lack of Holidays Low salary Discrimination between professionals wiz CA and CMA. Lot more closings. it should be 1 closing. working on holidays.

Credit Manager in Jaipur

Full Time

Risk Management & Compliance Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

Good company Good salary package

Dislikes

Average working culture and most of the work given to credit Manager instead of sales team. Every day month end at there and personal life can't be enjoying and also unable to spend time with family. To be resources/Hire educated person

Credit Manager in Jaipur

Production, Manufacturing & Engineering Department

1.0

• posted on 01 Jun 2022

1.0

for Salary and Benefits

Likes

There is good amount of liberty and pretty good scope for learning.

Dislikes

...yees. only 3 sundays are available for holiday in a month. this must be changed. salary is very low and increment also at very low level. there must be fixed and strict policy regarding initial package of salary.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Aavas Financiers Assistant Vice President Credit Salary FAQs

What is the salary of Assistant Vice President Credit at Aavas Financiers ?

Assistant Vice President Credit salary at Aavas Financiers in India ranges between ₹14.2 Lakhs to ₹24.0 Lakhs for experience between 7 years to 12 years. According to our estimates it is 12% less than the average Assistant Vice President Credit Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Aavas Financiers India.

How does the salary of a Assistant Vice President Credit at Aavas Financiers India compare with the average salary range for this job?

The average salary of a Assistant Vice President Credit at Aavas Financiers is 12% less than the average salary of a Assistant Vice President Credit in India. To know exact salary insights, login to view.

Which similar companies are paying more than Aavas Financiers to a Assistant Vice President Credit in India?

Citibank Assistant Vice President Credit Salary - ₹24.8 Lakhs to ₹31.0 Lakhs per year
Axis Bank Assistant Vice President Credit Salary - ₹19.1 Lakhs to ₹29.0 Lakhs per year
HDFC Bank Assistant Vice President Credit Salary - ₹15.5 Lakhs to ₹33.0 Lakhs per year

What is the salary of a Assistant Vice President Credit in companies similar to Aavas Financiers in India?

AU Small Finance Bank Assistant Vice President Credit Salary - ₹10.4 Lakhs to ₹21.5 Lakhs per year
Equitas Small Finance Bank Assistant Vice President Credit Salary - ₹12.0 Lakhs to ₹17.0 Lakhs per year

What is the estimated take home salary of a Assistant Vice President Credit at Aavas Financiers in India?

The estimated take-home salary of a Assistant Vice President Credit at Aavas Financiers ranges between ₹1,20,642 per month to ₹1,24,031 per month in India. The take-home salary calculation is based on the average Aavas Financiers Assistant Vice President Credit salary in India which ranges between ₹14.2 Lakhs to ₹24.0 Lakhs per year for employees with experience between 7 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Assistant Vice President Credit at Aavas Financiers ?

According to AmbitionBox, 100% of the Aavas Financiers Assistant Vice President Credits reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Aavas Financiers Assistant Vice President Credit Salaries

Aavas Financiers Assistant Vice President Credit salary in India ranges between ₹14.2 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Aavas Financiers latest salaries received from various employees of Aavas Financiers .