Aavas Financiers State Credit Manager Salaries by 30+ Employees (Updated 2025)

5 - 16 years exp.

₹10.4 Lakhs - ₹21.3 Lakhs

Salary of majority employees

At par with the average State Credit Manager Salary in NBFC Companies for 5 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading State Credit Manager Salary 6 - 16 years exp. (9 salaries)	₹12 L/yr - ₹20.5 L/yr
Finance & Accounting State Credit Manager Salary 5 - 14 years exp. (9 salaries)	₹10.4 L/yr - ₹21.3 L/yr
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Risk Management & Compliance State Credit Manager Salary 5 - 12 years exp. (6 salaries)	₹12 L/yr - ₹14 L/yr

Last Updated: 6 Mar 2025

Companies similar to Aavas Financiers for State Credit Manager

Company name	Avg Annual Salary	Open Jobs
Muthoot Fincorp State Credit Manager Salary 9 - 16 years exp. (6 salaries)	₹11 L/yr - ₹20 L/yr 10% more
Electronica Finance State Credit Manager Salary 7 - 18 years exp. (6 salaries)	₹11.1 L/yr - ₹15.6 L/yr 17% less
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Ugro Capital State Credit Manager Salary 11 - 16 years exp. (5 salaries)	₹12 L/yr - ₹22.5 L/yr 21% more
IIFL Finance State Credit Manager Salary 11 - 25 years exp. (4 salaries)	₹15 L/yr - ₹16.5 L/yr 6% more
Satin Creditcare Network State Credit Manager Salary 7 - 10 years exp. (4 salaries)	₹6 L/yr - ₹7.5 L/yr 54% less
SK Finance Limited State Credit Manager Salary 10 - 15 years exp. (4 salaries)	₹15.4 L/yr - ₹17 L/yr 10% more
Poonawalla Fincorp State Credit Manager Salary 9 - 11 years exp. (4 salaries)	₹12 L/yr - ₹16.4 L/yr 11% less

State Credit Manager salary at Aavas Financiers ranges between ₹10.4 Lakhs to ₹21.3 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 31 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers State Credit Manager salaries

Last Updated: 6 Mar 2025

Experience	Avg Annual Salary
5 years (3 salaries)	₹12 L/yr - ₹24.6 L/yr
6 years (6 salaries)	₹10.4 L/yr - ₹16.6 L/yr
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7 years (5 salaries)	₹12 L/yr - ₹18.4 L/yr
8 years (6 salaries)	₹12 L/yr - ₹16 L/yr
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr
10 years (AmbitionBox Estimate)	₹12 L/yr - ₹26.3 L/yr
11 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.1 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹27 L/yr
13 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
14 years (3 salaries)	₹12 L/yr - ₹21.3 L/yr
15+ years (3 salaries)	₹15.5 L/yr - ₹20.5 L/yr

View all

Similar Designation salaries in Aavas Financiers

Area Credit Manager Salary

(85 salaries)

₹5 L/yr - ₹14 L/yr

Branch Credit Manager Salary

(74 salaries)

₹3.5 L/yr - ₹7.8 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹21.88 L/yr - ₹24.53 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹7.7 L/yr - ₹9.8 L/yr

Deputy Credit Manager Salary

(6 salaries)

₹3.81 L/yr - ₹6 L/yr

Credit Manager Salary

(277 salaries)

₹2.95 L/yr - ₹8.52 L/yr

Assistant Credit Manager Salary

(70 salaries)

₹3.1 L/yr - ₹6.6 L/yr

Regional Credit Manager Salary

(4 salaries)

₹7 L/yr - ₹14 L/yr

Senior Credit Officer Salary

(53 salaries)

₹2 L/yr - ₹4.3 L/yr

Relationship Manager Salary

(213 salaries)

₹1.5 L/yr - ₹4.9 L/yr

Top skills at Aavas Financiers for State Credit Manager

Credit Underwriting housing loan Home Loans Underwriting Lap Credit Appraisal Mortgage Loans Credit Control Credit Analysis CAM Credit Risk Analysis Credit Policy Medical Underwriting Credit Receipt Quality

Salary related reviews for Aavas Financiers

2.8

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

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

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 .

Work-life balance - Bad

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Aavas Financiers State Credit Manager Salary FAQs

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

The average salary of a State Credit Manager at Aavas Financiers in India typically ranges from ₹10.4 Lakhs to ₹21.3 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of State Credit Manager at Aavas Financiers earn more than ₹19.2 Lakhs per year, and the top 1% earn over ₹21.3 Lakhs per year. State Credit Manager Salaries at Aavas Financiers can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 30+ Aavas Financiers employees in India.

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

The estimated take-home salary of a State Credit Manager at Aavas Financiers in India typically ranges from ₹1,01,876 to ₹1,04,658 per month. This is based on the average salary range of ₹10.4 Lakhs to ₹21.3 Lakhs per year for employees with experience ranging from 5 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 30+ salaries received from various employees of Aavas Financiers . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a State Credit Manager at Aavas Financiers ?

To be a State Credit Manager at Aavas Financiers in india, the key skills required include:

- Credit Underwriting
- housing loan
- Home Loans
- Underwriting
- Lap

These skills are highly valued at Aavas Financiers and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Aavas Financiers for State Credit Manager in India?

Ugro Capital	₹12.0 Lakhs to ₹22.5 Lakhs per year
Muthoot Fincorp	₹11.0 Lakhs to ₹20.0 Lakhs per year
SK Finance Limited	₹15.4 Lakhs to ₹17.0 Lakhs per year
IIFL Finance	₹15.0 Lakhs to ₹16.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Aavas Financiers , depending on the role and experience level.

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

The salary of a State Credit Manager at companies similar to Aavas Financiers in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Poonawalla Fincorp	₹12.0 Lakhs to ₹16.4 Lakhs per year
Electronica Finance	₹11.1 Lakhs to ₹15.6 Lakhs per year
Satin Creditcare Network	₹6.0 Lakhs to ₹7.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a State Credit Manager at Aavas Financiers in India?

The salary growth for a State Credit Manager at Aavas Financiers depends on factors such as experience, performance, and promotions. On average, a State Credit Manager can expect the following growth trajectory at Aavas Financiers :

Experience	Average Salary Range
5 years	₹12.0 Lakhs to ₹24.6 Lakhs per year
6 years	₹10.4 Lakhs to ₹16.6 Lakhs per year
7 years	₹12.0 Lakhs to ₹18.4 Lakhs per year
8 years	₹12.0 Lakhs to ₹16.0 Lakhs per year

and so on.

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Aavas Financiers State Credit Manager Salaries

Aavas Financiers State Credit Manager salary in India ranges between ₹10.4 Lakhs to ₹21.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Aavas Financiers latest salaries received from various employees of Aavas Financiers .