Aavas Financiers Indore State Credit Manager Salaries by 4 Employees (Updated 2025)

5 - 8 years exp.

₹12 Lakhs - ₹16 Lakhs

Salary of majority employees

8% less than the average State Credit Manager Salary in NBFC Companies for 5 - 8 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting State Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹12 L/yr - ₹16 L/yr
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BFSI, Investments & Trading State Credit Manager Salary 6 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹15 L/yr

Last Updated: 25 Nov 2024

Companies similar to Aavas Financiers for State Credit Manager in Indore

Aavas Financiers State Credit Manager Salary

5 - 8 years exp. (4 salaries)

₹12 L/yr - ₹16 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank State Credit Manager Salary 6 - 12 years exp. (3 salaries)	₹9 L/yr - ₹13 L/yr 21% less
IDFC FIRST Bank State Credit Manager Salary 12 - 13 years exp. (3 salaries)	₹22.5 L/yr - ₹27 L/yr 69% more
Login to view exact salary
Srg Housing Finance State Credit Manager Salary 18 - 21 years exp. (3 salaries)	₹9.6 L/yr - ₹11.2 L/yr 26% less

State Credit Manager salary at Aavas Financiers ranges between ₹12 Lakhs to ₹16 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Aavas Financiers .

Experience wise Aavas Financiers State Credit Manager salaries in Indore

Last Updated: 25 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹23.9 L/yr
6 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹15 L/yr
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7 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.2 L/yr
8 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹16 L/yr

Similar Designation salaries in Aavas Financiers

Relationship Manager Salary

(18 salaries)

₹2.6 L/yr - ₹5 L/yr

Credit Manager Salary

(13 salaries)

₹4.15 L/yr - ₹8 L/yr

Branch Credit Manager Salary

(5 salaries)

₹3.6 L/yr - ₹6 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 Credit Receipt Quality Credit Appraisal

Salary related reviews for Aavas Financiers

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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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 State Credit Manager Salary FAQs

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

State Credit Manager salary at Aavas Financiers in Indore ranges between ₹12.0 Lakhs to ₹16.0 Lakhs for experience between 5 years to 8 years. According to our estimates it is 8% less than the average State Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Aavas Financiers Indore.

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

The average salary of a State Credit Manager at Aavas Financiers is 8% less than the average salary of a State Credit Manager in Indore. To know exact salary insights, login to view.

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

Credit Underwriting, housing loan, Home Loans, Underwriting and Lap are some of the popular skills required to work as a State Credit Manager at Aavas Financiers Indore.

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

IDFC FIRST Bank State Credit Manager Salary - ₹22.5 Lakhs to ₹27.0 Lakhs per year

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

IndusInd Bank State Credit Manager Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
Srg Housing Finance State Credit Manager Salary - ₹9.6 Lakhs to ₹11.2 Lakhs per year

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

The estimated take-home salary of a State Credit Manager at Aavas Financiers ranges between ₹95,690 per month to ₹98,272 per month in Indore. The take-home salary calculation is based on the average Aavas Financiers State Credit Manager salary in India which ranges between ₹12.0 Lakhs to ₹16.0 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Aavas Financiers State Credit Managers in Indore reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Aavas Financiers State Credit Manager Salaries in Indore

Aavas Financiers State Credit Manager salary in Indore ranges between ₹12 Lakhs to ₹16 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Aavas Financiers latest salaries received from various employees of Aavas Financiers .