Altum Credo Home Finance Cluster Credit Manager Salaries by 5 Employees

4 - 8 years exp.

₹4.2 Lakhs - ₹6.3 Lakhs

Avg. annual salary

Monthly In-hand Salary

45% less than the average Cluster Credit Manager Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

Finance & Accounting Cluster Credit Manager Salary 6 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹6.1 L/yr
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BFSI, Investments & Trading Cluster Credit Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹6 L/yr

Last Updated: 15 Mar 2023

Companies similar to Altum Credo Home Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Varthana Cluster Credit Manager Salary 8 - 14 years exp. (42 salaries)	₹6 L/yr - ₹13.5 L/yr 71% more
Vistaar Finance Cluster Credit Manager Salary 6 - 15 years exp. (38 salaries)	₹7 L/yr - ₹12.5 L/yr 91% more
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Finova Capital Cluster Credit Manager Salary 2 - 7 years exp. (23 salaries)	₹4.2 L/yr - ₹8 L/yr At par
Bajaj Housing Finance Cluster Credit Manager Salary 8 - 13 years exp. (12 salaries)	₹10.7 L/yr - ₹19.6 L/yr 159% more
SBFC Finance Cluster Credit Manager Salary 5 - 11 years exp. (11 salaries)	₹6.5 L/yr - ₹12 L/yr 54% more
Hinduja Leyland Finance Cluster Credit Manager Salary 1 - 15 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr 9% more
Light Microfinance Cluster Credit Manager Salary 8 - 12 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 4% less
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	₹5 L/yr - ₹20.3 L/yr 149% more
NeoGrowth Credit Cluster Credit Manager Salary 8 - 16 years exp. (4 salaries)	₹14 L/yr - ₹16.7 L/yr 182% more

Cluster Credit Manager salary at Altum Credo Home Finance ranges between ₹4.2 Lakhs to ₹6.3 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Altum Credo Home Finance.

Experience wise Altum Credo Home Finance Cluster Credit Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.4 L/yr
5 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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6 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹9.4 L/yr

Similar Designation salaries in Altum Credo Home Finance

Area Credit Manager Salary

(6 salaries)

₹7 L/yr - ₹9 L/yr

Branch Credit Manager Salary

(37 salaries)

₹3 L/yr - ₹5.9 L/yr

Regional Credit Manager Salary

(5 salaries)

₹14.5 L/yr - ₹20 L/yr

Credit Manager Salary

(4 salaries)

₹3.5 L/yr - ₹4.45 L/yr

Relationship Manager Salary

(125 salaries)

₹1.95 L/yr - ₹4 L/yr

Credit Officer Salary

(5 salaries)

₹2.3 L/yr - ₹3.5 L/yr

Branch Manager Salary

(38 salaries)

₹3.33 L/yr - ₹6.34 L/yr

Deputy Manager Salary

(3 salaries)

₹6.6 L/yr - ₹11 L/yr

Sales Manager Salary

(9 salaries)

₹3.48 L/yr - ₹4.05 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹1.9 L/yr - ₹2.4 L/yr

Top skills at Altum Credo Home Finance for Cluster Credit Manager

Finance Home Loans Credit Control Credit Management Loan against Property Credit Assessment Credit Underwriting Mortgage Credit Lap Home Finance

Salary related reviews for Altum Credo Home Finance

2.0

Rated by 1 employees for salary & benefits

Cluster Credit Manager in Pune

Full Time

Finance & Accounting Department

3.0

• posted on 14 Jun 2023

2.0

for Salary and Benefits

Likes

I have been working with this firm since almost its inception. I joined as a management trainee & with help of the superiors, I have gained a lot of knowledge with regards to various policies & departments. The superiors are helpful with regard to queries/ issues. I would recommend working here to learn & explore. Being a new company, one can learn a lot about various aspects/ self educate himself with help of other colleagues regarding new trends in the market related to their profile.

Skill development - Excellent

+1 more

Dislikes

Difficult to maintain work- life balance being a start up. Work from home should be encouraged wherever possible.

Salary - Poor

+4 more

Senior Training Manager in Pune

Full Time

Teaching & Training Department

1.0

• posted on 10 Feb 2023

3.0

for Salary and Benefits

Likes

Nothing at all!

Dislikes

Everything 1. No culture 2. Poor HR policies 3. They hold salaries without an intimation, you will get to know on the salary day that your salary is not deposited. 4. No policies as such, they don't know how the industry works. 5. Its like a super market shoppie, atleast owners pretend that they are the owner of a small shop. 6. Very poor upper management, there are few who got caught cheating in the other finance companies. 7. Everything is clueless

Skill development - Bad

+5 more

Area Manager in Bangalore / Bengaluru

Affordable Housing Department

1.0

• posted on 03 Sep 2020

1.0

for Salary and Benefits

Likes

No likes

Dislikes

...ity they next level managers dont even know how to talk with there subordinates. Even after formal resignation as per policy they have hold the salary of employees.

Salary - Bad

+6 more

Admin Manager in Pune

Full Time

Other Department

5.0

• posted on 25 Jul 2023

5.0

for Salary and Benefits

Likes

There are lots of things like me to work with the Altum credo Home Finance specially the work life balance and the work culture of the company. All the Senior management team take care of all the employees who are working with them.

Salary - Excellent

+6 more

Dislikes

There is nothing that we can dislike about the altum credo Home finance.

HR Trainee in Pune

Full Time

Human Resources Department

5.0

• posted on 26 Jul 2023

5.0

for Salary and Benefits

Likes

I feel incredibly fortunate to be a part of the team at Altum Credo Home Finance. From the moment I have joined, I have experienced a supportive and inclusive work environment that fosters personal growth and professional development.

Salary - Excellent

+6 more

Dislikes

As such there is nothing that I dislike about Altum Credo.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Altum Credo Home Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Altum Credo Home Finance ?

The average salary of a Cluster Credit Manager at Altum Credo Home Finance in India typically ranges from ₹4.2 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Cluster Credit Manager at Altum Credo Home Finance earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Cluster Credit Manager Salaries at Altum Credo Home Finance 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 5 Altum Credo Home Finance employees in India.

What is the estimated take home salary of a Cluster Credit Manager at Altum Credo Home Finance in India?

The estimated take-home salary of a Cluster Credit Manager at Altum Credo Home Finance in India typically ranges from ₹41,277 to ₹42,423 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 4 years to 8 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 5 salaries received from various employees of Altum Credo Home Finance. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Cluster Credit Manager at Altum Credo Home Finance ?

To be a Cluster Credit Manager at Altum Credo Home Finance in india, the key skills required include:

- Finance
- Home Loans
- Credit Control
- Credit Management
- Loan against Property

These skills are highly valued at Altum Credo Home Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Altum Credo Home Finance for Cluster Credit Manager in India?

NeoGrowth Credit	₹14.0 Lakhs to ₹16.7 Lakhs per year
Bajaj Housing Finance	₹10.7 Lakhs to ₹19.6 Lakhs per year
Hero FinCorp	₹5.0 Lakhs to ₹20.3 Lakhs per year
Vistaar Finance	₹7.0 Lakhs to ₹12.5 Lakhs per year
Varthana	₹6.0 Lakhs to ₹13.5 Lakhs per year

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

What is the salary of a Cluster Credit Manager in companies similar to Altum Credo Home Finance in India?

The salary of a Cluster Credit Manager at companies similar to Altum Credo Home Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBFC Finance	₹6.5 Lakhs to ₹12.0 Lakhs per year
Hinduja Leyland Finance	₹4.0 Lakhs to ₹8.5 Lakhs per year
Finova Capital	₹4.2 Lakhs to ₹8.0 Lakhs per year
Light Microfinance	₹4.5 Lakhs to ₹6.0 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 Cluster Credit Manager at Altum Credo Home Finance in India?

The salary growth for a Cluster Credit Manager at Altum Credo Home Finance depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager can expect the following growth trajectory at Altum Credo Home Finance:

Experience	Average Salary Range
4 years	₹4.2 Lakhs to ₹8.4 Lakhs per year
5 years	₹4.3 Lakhs to ₹5.5 Lakhs per year
6 years	₹4.5 Lakhs to ₹5.0 Lakhs per year
7 years	₹4.5 Lakhs to ₹9.2 Lakhs per year

and so on.

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Altum Credo Home Finance Cluster Credit Manager Salaries

Altum Credo Home Finance Cluster Credit Manager salary in India ranges between ₹4.2 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Altum Credo Home Finance latest salaries received from various employees of Altum Credo Home Finance.