Aavas Financiers Credit Manager Salaries by 200+ Employees (Updated 2025)

1 - 10 years exp.

₹2.6 Lakhs - ₹8.5 Lakhs

Salary of majority employees

24% less than the average Credit Manager Salary in NBFC Companies for 1 - 10 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

Finance & Accounting Credit Manager Salary 1 - 10 years exp. (126 salaries)	₹2.6 L/yr - ₹8.5 L/yr
BFSI, Investments & Trading Credit Manager Salary 1 - 10 years exp. (74 salaries)	₹3 L/yr - ₹8.3 L/yr
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Risk Management & Compliance Credit Manager Salary 2 - 9 years exp. (17 salaries)	₹3.5 L/yr - ₹8 L/yr

Last Updated: 26 Jan 2025

Companies similar to Aavas Financiers for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 43% more	1 job opening
Global Wings Abudhabi Credit Manager Salary 0 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹16 L/yr 49% more
Login to view exact salary
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.1k salaries)	₹4.2 L/yr - ₹15 L/yr 70% more	1 job opening
Axis Bank Credit Manager Salary 0 - 12 years exp. (821 salaries)	₹4 L/yr - ₹14.5 L/yr 47% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 52% more
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (191 salaries)	₹2.4 L/yr - ₹9 L/yr 2% less
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (353 salaries)	₹2.5 L/yr - ₹10.3 L/yr 15% more
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (192 salaries)	₹3.3 L/yr - ₹13.5 L/yr 39% more
IIFL Finance Credit Manager Salary 0 - 10 years exp. (175 salaries)	₹2.5 L/yr - ₹10.5 L/yr 1% less
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (141 salaries)	₹4.2 L/yr - ₹10.1 L/yr 14% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (144 salaries)	₹1.8 L/yr - ₹10.3 L/yr 4% more	2 job openings
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Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (126 salaries)	₹3.9 L/yr - ₹12 L/yr 35% more
PNB Housing Finance Credit Manager Salary 0 - 11 years exp. (89 salaries)	₹4.9 L/yr - ₹12 L/yr 40% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (89 salaries)	₹2.9 L/yr - ₹13 L/yr 29% more
L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹3.6 L/yr - ₹14 L/yr 41% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (82 salaries)	₹2 L/yr - ₹8.6 L/yr 22% less
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (76 salaries)	₹3.3 L/yr - ₹8.4 L/yr 11% less
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (74 salaries)	₹3 L/yr - ₹7.2 L/yr 16% less
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 10% less
TVS Credit Credit Manager Salary 3 - 12 years exp. (52 salaries)	₹3 L/yr - ₹8.8 L/yr 3% less

View all

Credit Manager salary at Aavas Financiers ranges between ₹2.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 265 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Credit Manager salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
1 year (48 salaries)	₹3 L/yr - ₹7 L/yr
2 years (35 salaries)	₹2.6 L/yr - ₹8 L/yr
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3 years (29 salaries)	₹3.1 L/yr - ₹8 L/yr
4 years (30 salaries)	₹3.2 L/yr - ₹8.4 L/yr
5 years (28 salaries)	₹3.8 L/yr - ₹7.6 L/yr
6 years (27 salaries)	₹4.1 L/yr - ₹8 L/yr
7 years (29 salaries)	₹4 L/yr - ₹8.5 L/yr
8 years (25 salaries)	₹4.8 L/yr - ₹7.8 L/yr
9 years (6 salaries)	₹5.2 L/yr - ₹8 L/yr
10 years (8 salaries)	₹5.2 L/yr - ₹8.4 L/yr

View all

Similar Designation salaries in Aavas Financiers

Credit Officer Salary

(54 salaries)

₹1.15 L/yr - ₹4.5 L/yr

Area Credit Manager Salary

(83 salaries)

₹5 L/yr - ₹13 L/yr

Branch Manager Salary

(47 salaries)

₹3.3 L/yr - ₹8.67 L/yr

Deputy Manager Salary

(27 salaries)

₹3.5 L/yr - ₹7.2 L/yr

Chief Manager Salary

(4 salaries)

₹9.28 L/yr - ₹12.5 L/yr

Credit Analyst Salary

(6 salaries)

₹1.35 L/yr - ₹5.2 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹21.88 L/yr - ₹24.53 L/yr

Sales Manager Salary

(36 salaries)

₹2.3 L/yr - ₹6 L/yr

Branch Credit Manager Salary

(78 salaries)

₹3.5 L/yr - ₹7.93 L/yr

Deputy Credit Manager Salary

(6 salaries)

₹3.81 L/yr - ₹6 L/yr

Top skills at Aavas Financiers for Credit Manager

Credit Underwriting Lap Home Loans Credit Management Credit Policy Disbursement Underwriting hl Credit Appraisal Credit Finance Credit Analysis Credit Risk Management Mortgage Loans mortgage

Salary related reviews for Aavas Financiers

3.4

Rated by 79 employees for salary & benefits

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.

Skill development - Good

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.

Salary - Poor

+3 more

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.

Salary - Bad

+4 more

Credit Manager in Rohtak

Finance & Accounting Department

1.0

• posted on 03 Sep 2021

1.0

for Salary and Benefits

Likes

Wrorst company ever. Neither increments are done on time. Only grade is changes but compensation remains same. Most of days working hour are beyond 6:30 upto 11pm. DuringJFM everyday is closing day. Even Sunday are also working. Promotion only for who do buttering.Even after resignation releaving letter & FF done even after 60 days.

Dislikes

Lots of poltics. Supervisor not take care juniors.

Salary - Bad

+5 more

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

Job security - Excellent

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.

Skill development - Bad

+4 more

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Aavas Financiers Credit Manager Salary FAQs

What is the salary of Credit Manager at Aavas Financiers ?

Credit Manager salary at Aavas Financiers in India ranges between ₹2.6 Lakhs to ₹8.5 Lakhs for experience between 1 years to 10 years. According to our estimates it is 24% less than the average Credit Manager Salary in India. Salary estimates are based on 265 latest salaries received from various employees of Aavas Financiers India.

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

The average salary of a Credit Manager at Aavas Financiers is 24% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Aavas Financiers ?

Credit Underwriting, Lap, Home Loans, Credit Management and Credit Policy are some of the popular skills required to work as a Credit Manager at Aavas Financiers India.

Which similar companies are paying more than Aavas Financiers to a Credit Manager in India?

LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.2 Lakhs to ₹15.0 Lakhs per year
Can Fin Homes Credit Manager Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Global Wings Abudhabi Credit Manager Salary - ₹3.8 Lakhs to ₹16.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to Aavas Financiers in India?

Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.0 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Aavas Financiers ranges between ₹45,035 per month to ₹46,125 per month in India. The take-home salary calculation is based on the average Aavas Financiers Credit Manager salary in India which ranges between ₹2.6 Lakhs to ₹8.5 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Aavas Financiers ?

According to AmbitionBox, 66% of the Aavas Financiers Credit Managers reported a notice period of 3 Months, 24% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 183 responses on AmbitionBox in last 2 years.

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Aavas Financiers Credit Manager Salaries

Aavas Financiers Credit Manager salary in India ranges between ₹2.6 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 265 Aavas Financiers latest salaries received from various employees of Aavas Financiers .

Aavas Financiers Credit Manager salaries in India

Companies similar to Aavas Financiers for Credit Manager

Latest annual salaries shared by Aavas Financiers Credit Manager

Experience wise Aavas Financiers Credit Manager salaries

Similar Designation salaries in Aavas Financiers

Top skills at Aavas Financiers for Credit Manager

Salary related reviews for Aavas Financiers

Credit Manager in Jaipur

Credit Manager in Jaipur

Credit Manager in Jaipur

Credit Manager in Rohtak

Credit Officer in Bangalore / Bengaluru

Aavas Financiers Credit Manager Salary FAQs

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Aavas Financiers Credit Manager Salaries by Location