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Aavas Financiers Credit Manager salaries in Indore (Updated 2025)

Annual salary range
0 - 8 years exp.
₹2.5 Lakhs - ₹8 Lakhs
Salary of majority employees
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16% less than the average Credit Manager Salary in NBFC Companies for 0 - 8 years of experience

Interested in this particular role? 6 job openings

Salaries in different departments

Finance & Accounting
Credit Manager Salary
0 - 8 years exp. (7 salaries)
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₹2.5 L/yr - ₹6.4 L/yr

BFSI, Investments & Trading
Credit Manager Salary
1 - 7 years exp. (AmbitionBox Estimate)
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₹4.2 L/yr - ₹6.3 L/yr

Last Updated: 5 Jan 2025

Companies similar to Aavas Financiers for Credit Manager in Indore

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Aavas Financiers Credit Manager Salary

0 - 8 years exp. (11 salaries)

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₹2.5 L/yr - ₹8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Poonawalla Fincorp Credit Manager Salary

1 - 7 years exp. (8 salaries)

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₹5.3 L/yr - ₹8.6 L/yr

arrow icon 18% more
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₹2.2 L/yr - ₹6.5 L/yr

arrow icon 29% less
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Capri Global Capital Credit Manager Salary

2 - 13 years exp. (5 salaries)

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₹5.5 L/yr - ₹7.6 L/yr

arrow icon 2% less
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₹7 L/yr - ₹12 L/yr

arrow icon 37% more
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IIFL Finance Credit Manager Salary

1 - 6 years exp. (3 salaries)

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₹3.7 L/yr - ₹7.1 L/yr

arrow icon 2% less
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SK Finance Limited Credit Manager Salary

6 - 10 years exp. (3 salaries)

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₹3.9 L/yr - ₹5 L/yr

arrow icon 25% less

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Credit Manager salary at Aavas Financiers ranges between ₹2.5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 11 latest salaries received from various employees of Aavas Financiers .

Latest annual salaries shared by Aavas Financiers Credit Manager in Indore

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7 years exp.
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7 years exp.
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5 months exp.
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8 years exp.
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1 year exp.

Experience wise Aavas Financiers Credit Manager salaries in Indore

Last Updated: 5 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4 L/yr - ₹9 L/yr
1 year  (4 salaries)

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₹2.5 L/yr - ₹9.3 L/yr
2 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
View all

Similar Designation salaries in Aavas Financiers

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₹3.6 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

2.8

Rated by 3 employees for salary & benefits

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.

read more
  • Salary - Poor
  • +3 more

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

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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.

read more
  • Salary - Bad
  • +4 more

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.

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Dislikes

Lots of poltics. Supervisor not take care juniors.

  • Salary - Bad
  • +5 more

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.

read more
  • Skill development - Bad
  • +4 more
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Aavas Financiers Credit Manager Salary FAQs

What is the salary of Credit Manager at Aavas Financiers Indore?
Credit Manager salary at Aavas Financiers in Indore ranges between ₹2.5 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 16% less than the average Credit Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Aavas Financiers Indore.
How does the salary of a Credit Manager at Aavas Financiers Indore compare with the average salary range for this job?
The average salary of a Credit Manager at Aavas Financiers is 16% less than the average salary of a Credit Manager in Indore. 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 Indore.
Which similar companies are paying more than Aavas Financiers to a Credit Manager in Indore?
  • Tata Capital Housing Finance Credit Manager Salary - ₹7.0 Lakhs to ₹12.0 Lakhs per year
  • Poonawalla Fincorp Credit Manager Salary - ₹5.3 Lakhs to ₹8.6 Lakhs per year
What is the salary of a Credit Manager in companies similar to Aavas Financiers in Indore?
  • IIFL Finance Credit Manager Salary - ₹3.7 Lakhs to ₹7.1 Lakhs per year
  • Capri Global Capital Credit Manager Salary - ₹5.5 Lakhs to ₹7.6 Lakhs per year
  • SK Finance Limited Credit Manager Salary - ₹3.9 Lakhs to ₹5.0 Lakhs per year
  • Mahindra Rural Housing Finance Credit Manager Salary - ₹2.2 Lakhs to ₹6.5 Lakhs per year
What is the estimated take home salary of a Credit Manager at Aavas Financiers in Indore?
The estimated take-home salary of a Credit Manager at Aavas Financiers ranges between ₹44,394 per month to ₹45,494 per month in Indore. The take-home salary calculation is based on the average Aavas Financiers Credit Manager salary in India which ranges between ₹2.5 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for Credit Manager at Aavas Financiers in Indore?
According to AmbitionBox, 100% of the Aavas Financiers Credit Managers in Indore reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Aavas Financiers Credit Manager salary in Indore ranges between ₹2.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 Aavas Financiers latest salaries received from various employees of Aavas Financiers .