Ambit Finvest Mumbai Credit Manager Salaries by 3 Employees

5 - 9 years exp.

₹6.1 Lakhs - ₹9 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

5% less than the average Credit Manager Salary in NBFC Companies for 5 - 9 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹6.1 L/yr - ₹8.2 L/yr
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Finance & Accounting Credit Manager Salary 9 years exp. (AmbitionBox Estimate)	₹7.3 L/yr - ₹9 L/yr

Last Updated: 25 Jul 2023

Companies similar to Ambit Finvest for Credit Manager in Mumbai

Ambit Finvest Credit Manager Salary

5 - 9 years exp. (3 salaries)

₹6.1 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
InCred Finance Credit Manager Salary 2 - 9 years exp. (24 salaries)	₹4.1 L/yr - ₹10.4 L/yr 4% less
Kotak Mahindra Prime Credit Manager Salary 0 - 7 years exp. (20 salaries)	₹4.5 L/yr - ₹11 L/yr 5% more
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PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (20 salaries)	₹4.5 L/yr - ₹11.4 L/yr 5% more
Shubham Housing Development Finance Credit Manager Salary 2 - 10 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 40% less
Tata Capital Housing Finance Credit Manager Salary 4 - 14 years exp. (10 salaries)	₹5 L/yr - ₹11 L/yr 6% more
Axis Finance Credit Manager Salary 4 - 8 years exp. (8 salaries)	₹5.5 L/yr - ₹15 L/yr 25% more
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (8 salaries)	₹3.5 L/yr - ₹8 L/yr 30% less
Ugro Capital Credit Manager Salary 6 - 11 years exp. (7 salaries)	₹5.2 L/yr - ₹7.6 L/yr 15% less
SBFC Finance Credit Manager Salary 0 - 4 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 40% less
LIC Housing Finance Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹12.2 L/yr - ₹18 L/yr 105% more
Bajaj Housing Finance Credit Manager Salary 1 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹10 L/yr 34% less
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Hinduja Leyland Finance Credit Manager Salary 4 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹13.3 L/yr 14% more
IIFL Home Finance Credit Manager Salary 2 - 6 years exp. (3 salaries)	₹5.3 L/yr - ₹7 L/yr 30% less
Dhani Loans and Services Credit Manager Salary 1 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹5.5 L/yr 37% less

Credit Manager salary at Ambit Finvest ranges between ₹6.1 Lakhs to ₹9 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Ambit Finvest.

Experience wise Ambit Finvest Credit Manager salaries in Mumbai

Last Updated: 25 Jul 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
6 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
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7 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.9 L/yr
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
9 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr

Similar Designation salaries in Ambit Finvest

Branch Credit Manager Salary

(18 salaries)

₹4.25 L/yr - ₹10 L/yr

Sales Manager Salary

(13 salaries)

₹3.5 L/yr - ₹6.2 L/yr

Deputy Manager Salary

(13 salaries)

₹6.33 L/yr - ₹9 L/yr

Credit Analyst Salary

(7 salaries)

₹2.4 L/yr - ₹7.3 L/yr

Zonal Credit Manager Salary

(3 salaries)

₹27 L/yr - ₹30.5 L/yr

Top skills at Ambit Finvest for Credit Manager

Interpersonal Skills Test Cases Medical Underwriting Excel Financial Analysis J2Se Case Credit Underwriting Lap Portfolio Analysis Quality Check Credit Risk Analysis Business Loan Underwriting

Salary related reviews for Ambit Finvest

2.0

Rated by 1 employees for salary & benefits

Deputy Manager in New Delhi

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 09 Sep 2023

3.0

for Salary and Benefits

Likes

Good place for work. Seniors behavior is very good. Salary on time. Maintain online traing course.

Skill development - Good

+4 more

Dislikes

Incentive plans are very bad. July 23- month incentive did not received with august month salary and no one answerable about it. Promotion pending...

Sales Manager in Kalyan / Dombivli

BFSI, Investments & Trading Department

4.0

• posted on 17 May 2021

3.0

for Salary and Benefits

Likes

...s very Good company. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give good salary hike.

Promotions - Good

+2 more

Dislikes

No Thanks only customer service is slow and no any customer care number for customer service.

Senior Executive Operations in Zirakpur

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 18 Sep 2023

4.0

for Salary and Benefits

Likes

More learning anvironment and overall amazing work culture.

Salary - Good

+5 more

Dislikes

There is not much growth in the operation department. No promotion within working 3years and bonus not taken a good as compare to other deaprtment.

Business Analyst in Mumbai

Full Time

Strategic & Top Management Department

1.0

• posted on 26 Oct 2024

1.0

for Salary and Benefits

Likes

Very bad experience to join ambit.

Dislikes

People over there is not good ,they have been there for long time so treating themselves like God of project, Not coming from out side 😅😅😅, If they will compare they will know reality where they are 😅😅😅

Salary - Bad

+6 more

Sales Manager in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 28 Apr 2024

1.0

for Salary and Benefits

Likes

Nothing

Skill development - Good

Dislikes

Certainly, here's a concise list outlining the negative experiences for new joiners at Ambit Finves: Lack of Incentives: Despite achieving targets or contests, employees receive no proper incentives, leading to feelings of disheartenment and lack of motivation. Poor Work-Life Balance: Employees are pressured to work even on Sundays, disregarding the importance of maintaining a healthy work-life balance. Ethical Concerns: Decisions are made abruptly and without proper consideration of ethics, such as last-minute cancellations of scheduled holidays, causing frustration and distrust among employees. It's important for new joiners to be aware of these issues

Salary - Bad

+5 more

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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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Ambit Finvest Credit Manager Salary FAQs

How the salary growth look like for a Credit Manager at Ambit Finvest in Mumbai?

The salary growth for a Credit Manager at Ambit Finvest in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Mumbai can expect the following growth trajectory at Ambit Finvest:

Experience	Average Salary Range
5 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
6 years	₹6.9 Lakhs to ₹8.8 Lakhs per year
7 years	₹6.9 Lakhs to ₹8.9 Lakhs per year
8 years	₹7.0 Lakhs to ₹9.0 Lakhs per year

and so on.

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Ambit Finvest Credit Manager Salaries in Mumbai

Ambit Finvest Credit Manager salary in Mumbai ranges between ₹6.1 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Ambit Finvest latest salaries received from various employees of Ambit Finvest.