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Annapurna Finance Cluster Credit Manager salaries in India (Updated 2025)

Annual salary range
6 - 17 years exp.
₹5 Lakhs - ₹16 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Cluster Credit Manager Salary in NBFC Companies for 6 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Cluster Credit Manager Salary
6 - 17 years exp. (14 salaries)
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₹5 L/yr - ₹16 L/yr

Finance & Accounting
Cluster Credit Manager Salary
6 - 17 years exp. (12 salaries)
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₹5.5 L/yr - ₹15.5 L/yr

Risk Management & Compliance
Cluster Credit Manager Salary
7 - 9 years exp. (AmbitionBox Estimate)
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₹7.9 L/yr - ₹13.8 L/yr

Last Updated: 17 Jan 2025

Companies similar to Annapurna Finance for Cluster Credit Manager

Company name Avg Annual Salary Open Jobs
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₹10.4 L/yr - ₹19.7 L/yr

arrow icon 53% more
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SMFG India Credit Cluster Credit Manager Salary

7 - 15 years exp. (56 salaries)

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₹4.6 L/yr - ₹18.5 L/yr

arrow icon 12% more
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₹11.9 L/yr - ₹24 L/yr

arrow icon 99% more
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Bajaj Finance Cluster Credit Manager Salary

4 - 18 years exp. (19 salaries)

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₹12.3 L/yr - ₹23 L/yr

arrow icon 79% more
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₹5 L/yr - ₹7.9 L/yr

arrow icon 33% less
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₹8.4 L/yr - ₹11.5 L/yr

arrow icon 3% more
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₹4.8 L/yr - ₹14 L/yr

arrow icon 8% less
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Veritas Finance Cluster Credit Manager Salary

6 - 15 years exp. (6 salaries)

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₹4.3 L/yr - ₹9.8 L/yr

arrow icon 1% less
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Tata Capital Cluster Credit Manager Salary

4 - 21 years exp. (6 salaries)

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₹10.7 L/yr - ₹17 L/yr

arrow icon 48% more
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IIFL Finance Cluster Credit Manager Salary

4 - 12 years exp. (4 salaries)

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₹6 L/yr - ₹8.2 L/yr

arrow icon 29% less
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₹5 L/yr - ₹9 L/yr

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Aye Finance Cluster Credit Manager Salary

5 - 11 years exp. (4 salaries)

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₹4.9 L/yr - ₹8.1 L/yr

arrow icon 21% less
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₹4.3 L/yr - ₹7.9 L/yr

arrow icon 48% less
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₹10 L/yr - ₹14.5 L/yr

arrow icon 26% more
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₹3.6 L/yr - ₹5.7 L/yr

arrow icon 48% less
Cluster Credit Manager salary at Annapurna Finance ranges between ₹5 Lakhs to ₹16 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 28 latest salaries received from various employees of Annapurna Finance.

Latest annual salaries shared by Annapurna Finance Cluster Credit Manager

2mo ago
₹10 Lakhs
11 years exp.
9mo ago
₹16 Lakhs
17 years exp.
10mo ago
₹5.6 Lakhs
6 years exp.
1y ago
₹7.9 Lakhs
9 years exp.
1y ago
₹7.5 Lakhs
10 years exp.
1y ago
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17 years exp.
1y ago
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11 years exp.
1y ago
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12 years exp.
1y ago
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16 years exp.
1y ago
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9 years exp.

Experience wise Annapurna Finance Cluster Credit Manager salaries

Last Updated: 17 Jan 2025

Experience Avg Annual Salary
6 years  (4 salaries)

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₹5 L/yr - ₹14.6 L/yr
7 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
8 years (AmbitionBox Estimate)

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₹7.8 L/yr - ₹10 L/yr
9 years  (5 salaries)

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₹5.8 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
View all

Similar Designation salaries in Annapurna Finance

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₹5 L/yr - ₹10.5 L/yr
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₹3.8 L/yr - ₹4.85 L/yr
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₹2.75 L/yr - ₹5.65 L/yr
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₹4.5 L/yr - ₹8 L/yr
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₹2 L/yr - ₹4.5 L/yr
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₹8 L/yr - ₹25 L/yr
Credit Manager Salary
(216 salaries)
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₹2.65 L/yr - ₹7.05 L/yr
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₹2 L/yr - ₹2.4 L/yr
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₹2 L/yr - ₹4.7 L/yr
Credit Officer Salary
(23 salaries)
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₹1.2 L/yr - ₹4 L/yr

Salary related reviews for Annapurna Finance

4.1

Rated by 10 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 07 May 2023

4.0
 for  Salary and Benefits

Likes

...deputy manager . It's a odisa base company means head office is in odisa State. End of the month we got salary . Reporting boss is always helpful n corporate.

read more
  • Salary - Good
  • +3 more

Dislikes

Politics wid office staff Not corporate Credit person in Mumbai region only one staff to each branch and sales person around 6 staff wid branch manager. Daily business expected like new business and collection recovery from default and flow customer. Branch environment is not good for working.

read more
  • Company culture - Poor

Full Time

 · 

Other Department

2.0
  •  posted on 21 Apr 2023

1.0
 for  Salary and Benefits

Likes

Scope. There indeed is a lot to learn on practical aspevts but again its an individuals choice. Good to start career with such org but not a good haul to stay fr long period as you might feel stagnant.

read more
  • Job security - Good
  • +1 more

Dislikes

Culture and baised way of salary structure. Unprofessional way of work. No value for quality work. More of a sheep or donkey rearing place. Unorganised work and heavy load with no appropriate compensation.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Finance & Accounting Department

5.0
  •  posted on 20 Jan 2024

5.0
 for  Salary and Benefits

Likes

Job Security, Salary on time, Friendly Atmosphere with in own branch.

  • Salary - Excellent
  • +6 more

Dislikes

Work on Holiday, Sunday Work, Compensatory Leave will be given but you none Can able to take this. As very less leave is granted. One forcely adjust as he or she is family person and having responsibilities.

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Finance & Accounting Department

5.0
  •  posted on 10 Jun 2022

5.0
 for  Salary and Benefits

Likes

Good working environment and culture.Teammates are supporting and the management is transparent. Smooth and easy process.

read more
  • Salary - Excellent
  • +4 more

Dislikes

Poor salary and career growth is slow .On the job training is not given to new joiners. Increments hold of previous year that is very baad habit.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 17 Jan 2022

2.0
 for  Salary and Benefits

Likes

Nothing to say particularly. An avg work culture needed to improve in all those dept

  • Job security - Good

Dislikes

Not cared about employees benefits. Like appraisal, promotion , Branch expenses from our salary, delayed reimbursements for branch expenses, no proper response from back end head office. Business oriented company, not supporting for credit dept. No challenging contests for business and credit. Last 2 years no appraisal... If you suffered fever even forced to come to office

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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Annapurna Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Annapurna Finance ?
The average salary of a Cluster Credit Manager at Annapurna Finance in India typically ranges from ₹5.0 Lakhs to ₹16.0 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Cluster Credit Manager at Annapurna Finance earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹16.0 Lakhs per year. Cluster Credit Manager Salaries at Annapurna 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 20+ Annapurna Finance employees in India.
What is the estimated take home salary of a Cluster Credit Manager at Annapurna Finance in India?
The estimated take-home salary of a Cluster Credit Manager at Annapurna Finance in India typically ranges from ₹69,720 to ₹71,511 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹16.0 Lakhs per year for employees with experience ranging from 6 years to 17 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 20+ salaries received from various employees of Annapurna Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Annapurna Finance for Cluster Credit Manager in India?
HDB Financial Services ₹11.9 Lakhs to ₹24.0 Lakhs per year
Bajaj Finance ₹12.3 Lakhs to ₹23.0 Lakhs per year
Piramal Capital Housing Finance ₹10.4 Lakhs to ₹19.7 Lakhs per year
Tata Capital ₹10.7 Lakhs to ₹17.0 Lakhs per year
Asirvad Microfinance ₹10.0 Lakhs to ₹14.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Annapurna Finance, depending on the role and experience level.
What is the salary of a Cluster Credit Manager in companies similar to Annapurna Finance in India?
The salary of a Cluster Credit Manager at companies similar to Annapurna Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMFG India Credit ₹4.6 Lakhs to ₹18.5 Lakhs per year
SK Finance Limited ₹8.4 Lakhs to ₹11.5 Lakhs per year
Veritas Finance ₹4.3 Lakhs to ₹9.8 Lakhs per year
Mahindra Finance ₹4.8 Lakhs to ₹14.0 Lakhs per year
Aye Finance ₹4.9 Lakhs to ₹8.1 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 Annapurna Finance in India?
The salary growth for a Cluster Credit Manager at Annapurna Finance depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager can expect the following growth trajectory at Annapurna Finance:

Experience Average Salary Range
6 years ₹5.0 Lakhs to ₹14.6 Lakhs per year
7 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
8 years ₹7.8 Lakhs to ₹10.0 Lakhs per year
9 years ₹5.8 Lakhs to ₹9.6 Lakhs per year
and so on.

Tell us how to improve this page.

Annapurna Finance Cluster Credit Manager salary in India ranges between ₹5 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 Annapurna Finance latest salaries received from various employees of Annapurna Finance.