Aavas Financiers Senior Manager Credit Salaries by 10+ Employees (Updated 2024)

5 - 12 years exp.

₹5.2 Lakhs - ₹16.9 Lakhs

Salary of majority employees

20% less than the average Senior Manager Credit Salary in NBFC Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 5 - 11 years exp. (10 salaries)	₹5.2 L/yr - ₹16.9 L/yr
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Finance & Accounting Senior Manager Credit Salary 6 - 12 years exp. (8 salaries)	₹6.9 L/yr - ₹13 L/yr

Last Updated: 1 Aug 2024

Companies similar to Aavas Financiers for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (309 salaries)	₹6 L/yr - ₹21 L/yr 30% more	1 job opening
Sammaan Capital Limited Senior Manager Credit Salary 14 - 19 years exp. (4 salaries)	₹9.9 L/yr - ₹13.8 L/yr 8% less
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Piramal Capital Housing Finance Senior Manager Credit Salary 2 - 14 years exp. (7 salaries)	₹7.5 L/yr - ₹16.9 L/yr 3% more
REPCO HOME FINANCE Senior Manager Credit Salary 12 - 15 years exp. (3 salaries)	₹10 L/yr - ₹17.5 L/yr 25% more
L&T Finance Senior Manager Credit Salary 5 - 10 years exp. (14 salaries)	₹8 L/yr - ₹23.4 L/yr 25% more
Tata Capital Housing Finance Senior Manager Credit Salary 5 - 11 years exp. (15 salaries)	₹7.5 L/yr - ₹16.5 L/yr 21% more
Kotak Mahindra Prime Senior Manager Credit Salary 3 - 12 years exp. (12 salaries)	₹7.5 L/yr - ₹14.5 L/yr 4% more
TVS Credit Senior Manager Credit Salary 10 - 15 years exp. (10 salaries)	₹9.8 L/yr - ₹20.4 L/yr 54% more
Electronica Finance Senior Manager Credit Salary 4 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹10 L/yr 53% less
Muthoot Fincorp Senior Manager Credit Salary 5 - 11 years exp. (5 salaries)	₹6 L/yr - ₹6.5 L/yr 41% less
Capri Global Capital Senior Manager Credit Salary 5 - 7 years exp. (5 salaries)	₹11 L/yr - ₹16.5 L/yr 8% more
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PNB Housing Finance Senior Manager Credit Salary 8 - 9 years exp. (5 salaries)	₹10.4 L/yr - ₹16 L/yr 25% more
Ugro Capital Senior Manager Credit Salary 5 - 7 years exp. (5 salaries)	₹6 L/yr - ₹9.5 L/yr 29% less
Poonawalla Fincorp Senior Manager Credit Salary 1 - 11 years exp. (5 salaries)	₹8.4 L/yr - ₹17 L/yr 15% more
IIFL Finance Senior Manager Credit Salary 1 - 14 years exp. (4 salaries)	₹8 L/yr - ₹9.4 L/yr 16% less
Manappuram Finance Senior Manager Credit Salary 6 - 10 years exp. (4 salaries)	₹7.8 L/yr - ₹11.7 L/yr 21% less
Mahindra Finance Senior Manager Credit Salary 0 - 7 years exp. (4 salaries)	₹11 L/yr - ₹16.8 L/yr 27% more
Shriram Finance Senior Manager Credit Salary 5 - 9 years exp. (4 salaries)	₹6.5 L/yr - ₹10.2 L/yr 19% less
Muthoot Finance Senior Manager Credit Salary 4 - 11 years exp. (4 salaries)	₹5 L/yr - ₹12.7 L/yr 27% less
LendingKart Senior Manager Credit Salary 5 - 8 years exp. (3 salaries)	₹5.6 L/yr - ₹11 L/yr 16% less

View all

Senior Manager Credit salary at Aavas Financiers ranges between ₹5.2 Lakhs to ₹16.9 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 18 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers Senior Manager Credit salaries

Last Updated: 1 Aug 2024

Experience	Avg Annual Salary
5 years (3 salaries)	₹7 L/yr - ₹16.9 L/yr
6 years (3 salaries)	₹8 L/yr - ₹16.9 L/yr
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7 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹19.5 L/yr
9 years (3 salaries)	₹7.5 L/yr - ₹13 L/yr
10 years (3 salaries)	₹5.2 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹11 L/yr
12 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹13 L/yr

View all

Similar Designation salaries in Aavas Financiers

Credit Manager Salary

(271 salaries)

₹3 L/yr - ₹8.52 L/yr

Deputy Manager Salary

(20 salaries)

₹3.5 L/yr - ₹7.2 L/yr

Chief Manager Salary

(4 salaries)

₹9.28 L/yr - ₹12.5 L/yr

Branch Manager Salary

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Senior Credit Officer Salary

(58 salaries)

₹2 L/yr - ₹4.3 L/yr

Credit Underwriter Salary

(4 salaries)

₹2.39 L/yr - ₹3.5 L/yr

Credit Analyst Salary

(6 salaries)

₹1.35 L/yr - ₹5.2 L/yr

Area Credit Manager Salary

(83 salaries)

₹5 L/yr - ₹12 L/yr

Relationship Manager Salary

(151 salaries)

₹1.8 L/yr - ₹5 L/yr

Regional Credit Manager Salary

(4 salaries)

₹7 L/yr - ₹14 L/yr

Salary related reviews for Aavas Financiers

2.4

Rated by 3 employees for salary & benefits

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.

see more salary related reviews

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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 Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Aavas Financiers ?

Senior Manager Credit salary at Aavas Financiers in India ranges between ₹5.2 Lakhs to ₹16.9 Lakhs for experience between 5 years to 12 years. According to our estimates it is 20% less than the average Senior Manager Credit Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Aavas Financiers India.

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

The average salary of a Senior Manager Credit at Aavas Financiers is 20% less than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.

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

Mahindra Rural Housing Finance Senior Manager Credit Salary - ₹9.0 Lakhs to ₹27.5 Lakhs per year
TVS Credit Senior Manager Credit Salary - ₹9.8 Lakhs to ₹20.4 Lakhs per year
Sundaram Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
HDFC Bank Senior Manager Credit Salary - ₹6.0 Lakhs to ₹21.0 Lakhs per year
Mahindra Finance Senior Manager Credit Salary - ₹11.0 Lakhs to ₹16.8 Lakhs per year

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

REPCO HOME FINANCE Senior Manager Credit Salary - ₹10.0 Lakhs to ₹17.5 Lakhs per year
PNB Housing Finance Senior Manager Credit Salary - ₹10.4 Lakhs to ₹16.0 Lakhs per year
L&T Finance Senior Manager Credit Salary - ₹8.0 Lakhs to ₹23.4 Lakhs per year
Tata Capital Housing Finance Senior Manager Credit Salary - ₹7.5 Lakhs to ₹16.5 Lakhs per year
Poonawalla Fincorp Senior Manager Credit Salary - ₹8.4 Lakhs to ₹17.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager Credit at Aavas Financiers ranges between ₹77,146 per month to ₹79,149 per month in India. The take-home salary calculation is based on the average Aavas Financiers Senior Manager Credit salary in India which ranges between ₹5.2 Lakhs to ₹16.9 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 79% of the Aavas Financiers Senior Manager Credits reported a notice period of 3 Months, 21% reported a notice period of 1 Month.This is based on 14 responses on AmbitionBox in last 2 years.

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Aavas Financiers Senior Manager Credit Salaries

Aavas Financiers Senior Manager Credit salary in India ranges between ₹5.2 Lakhs to ₹16.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Aavas Financiers latest salaries received from various employees of Aavas Financiers .