Aavas Financiers Raipur Credit Manager Salaries by 3 Employees (Updated 2024)

1 - 5 years exp.

₹4.1 Lakhs - ₹7 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Credit Manager Salary in NBFC Companies for 1 - 5 years of experience

Interested in this particular role? 3 job openings

Last Updated: 5 Feb 2024

Companies similar to Aavas Financiers for Credit Manager in Raipur

Aavas Financiers Credit Manager Salary

1 - 5 years exp. (3 salaries)

₹4.1 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
Mahindra Rural Housing Finance Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹3.5 L/yr - ₹8.8 L/yr 11% less
Tata Capital Housing Finance Credit Manager Salary 7 - 10 years exp. (3 salaries)	₹5 L/yr - ₹11.5 L/yr 44% more
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Bandhan Bank Credit Manager Salary 0 - 6 years exp. (13 salaries)	₹3.7 L/yr - ₹10 L/yr 18% more
Shri Ram Finance Corporation Credit Manager Salary 1 - 10 years exp. (12 salaries)	₹2 L/yr - ₹5 L/yr 42% less
Cholamandalam Investment & Finance Credit Manager Salary 8 - 12 years exp. (7 salaries)	₹3.4 L/yr - ₹7.5 L/yr 4% less

Credit Manager salary at Aavas Financiers ranges between ₹4.1 Lakhs to ₹7 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Credit Manager salaries in Raipur

Last Updated: 5 Feb 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹9.3 L/yr
2 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹9.5 L/yr
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3 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹7 L/yr

Similar Designation salaries in Aavas Financiers

Disbursement Officer Salary

(7 salaries)

₹1.45 L/yr - ₹2.7 L/yr

Senior Relationship Officer Salary

(5 salaries)

₹2.75 L/yr - ₹3.5 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 Credit Analysis Finance Credit Risk Management Mortgage Loans mortgage

Salary related reviews for Aavas Financiers

2.9

Rated by 2 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.

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.

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.

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.

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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 Credit Manager Salary FAQs

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

According to AmbitionBox, 50% of the Aavas Financiers Credit Managers in Raipur reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Aavas Financiers Credit Manager Salaries in Raipur

Aavas Financiers Credit Manager salary in Raipur ranges between ₹4.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Aavas Financiers latest salaries received from various employees of Aavas Financiers .