Annapurna Finance Cluster Credit Manager Salaries by 30+ Employees (Updated 2025)

4 - 17 years exp.

₹4.5 Lakhs - ₹15.5 Lakhs

Salary of majority employees

14% less than the average Cluster Credit Manager Salary in NBFC Companies for 4 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 6 - 17 years exp. (15 salaries)	₹4.5 L/yr - ₹16 L/yr
Finance & Accounting Cluster Credit Manager Salary 4 - 17 years exp. (13 salaries)	₹5.1 L/yr - ₹15.5 L/yr
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Risk Management & Compliance Cluster Credit Manager Salary 7 - 9 years exp. (AmbitionBox Estimate)	₹7.9 L/yr - ₹10 L/yr

Last Updated: 17 Jan 2025

Companies similar to Annapurna Finance for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bharat Financial Inclusion Cluster Credit Manager Salary 0 - 6 years exp. (3 salaries)	₹4.3 L/yr - ₹7.9 L/yr 25% less
Ujjivan Financial Services Cluster Credit Manager Salary 4 - 6 years exp. (4 salaries)	₹5.5 L/yr - ₹8 L/yr 21% less
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Equitas Small Finance Bank Cluster Credit Manager Salary 6 - 15 years exp. (33 salaries)	₹4 L/yr - ₹11.4 L/yr 4% less
Jana Small Finance Bank Cluster Credit Manager Salary 7 - 9 years exp. (3 salaries)	₹5.4 L/yr - ₹10.1 L/yr 3% less
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	₹5 L/yr - ₹9 L/yr 23% less
AU Small Finance Bank Cluster Credit Manager Salary 5 - 14 years exp. (164 salaries)	₹6.7 L/yr - ₹22.7 L/yr 82% more
IDFC FIRST Bharat Cluster Credit Manager Salary 6 - 15 years exp. (86 salaries)	₹5.4 L/yr - ₹11.7 L/yr 5% more
Piramal Capital Housing Finance Cluster Credit Manager Salary 6 - 20 years exp. (77 salaries)	₹7.7 L/yr - ₹19.7 L/yr 69% more
SMFG India Credit Cluster Credit Manager Salary 7 - 13 years exp. (55 salaries)	₹4.6 L/yr - ₹18.5 L/yr 24% more
HDB Financial Services Cluster Credit Manager Salary 13 - 20 years exp. (40 salaries)	₹11.9 L/yr - ₹24 L/yr 116% more
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (16 salaries)	₹12.3 L/yr - ₹19.8 L/yr 78% more
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Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	₹5 L/yr - ₹7.9 L/yr 27% less
Veritas Finance Cluster Credit Manager Salary 6 - 15 years exp. (8 salaries)	₹4.3 L/yr - ₹11 L/yr 10% more
Muthoot Fincorp Cluster Credit Manager Salary 5 - 15 years exp. (7 salaries)	₹10 L/yr - ₹13 L/yr 29% more
Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹14 L/yr 1% more
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	₹10.7 L/yr - ₹17 L/yr 63% more
SK Finance Limited Cluster Credit Manager Salary 8 - 14 years exp. (6 salaries)	₹8.4 L/yr - ₹12.5 L/yr 20% more
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	₹6 L/yr - ₹8.2 L/yr 22% less

Cluster Credit Manager salary at Annapurna Finance ranges between ₹4.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 4 years to 17 years. Salary estimates are based on 30 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Cluster Credit Manager salaries

Last Updated: 17 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹12.5 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
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6 years (4 salaries)	₹5 L/yr - ₹7.5 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.9 L/yr
8 years (3 salaries)	₹4.5 L/yr - ₹14.5 L/yr
9 years (5 salaries)	₹5.8 L/yr - ₹9.6 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹15.5 L/yr
11 years (4 salaries)	₹7 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹16.5 L/yr
13 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹17.1 L/yr
14 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹17.6 L/yr
15+ years (6 salaries)	₹8.5 L/yr - ₹16 L/yr

View all

Similar Designation salaries in Annapurna Finance

Area Credit Manager Salary

(4 salaries)

₹5 L/yr - ₹10.5 L/yr

Deputy Credit Manager Salary

(7 salaries)

₹3.8 L/yr - ₹4.85 L/yr

Branch Credit Manager Salary

(39 salaries)

₹1.95 L/yr - ₹5.62 L/yr

Zonal Credit Manager Salary

(8 salaries)

₹4.5 L/yr - ₹8 L/yr

Assistant Credit Manager Salary

(29 salaries)

₹2 L/yr - ₹4.5 L/yr

Regional Credit Manager Salary

(4 salaries)

₹8 L/yr - ₹25 L/yr

Credit Manager Salary

(204 salaries)

₹2.5 L/yr - ₹7.2 L/yr

Senior Credit Officer Salary

(3 salaries)

₹2 L/yr - ₹2.4 L/yr

Relationship Manager Salary

(9 salaries)

₹2.31 L/yr - ₹4.7 L/yr

Credit Officer Salary

(19 salaries)

₹1.75 L/yr - ₹4 L/yr

Salary related reviews for Annapurna Finance

4.6

Rated by 9 employees for salary & benefits

Credit Relationship Manager in Goregaon

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.

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.

Deputy Manager in Bhubaneswar

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.

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.

Branch Credit Manager in Sonepur, Odisha

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.

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.

Credit Manager in Aurangabad Bihar

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.

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.

Credit Manager in Tamilnadu

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

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Annapurna Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Annapurna Finance?

Cluster Credit Manager salary at Annapurna Finance in India ranges between ₹4.5 Lakhs to ₹15.5 Lakhs for experience between 4 years to 17 years. According to our estimates it is 14% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Annapurna Finance India.

How does the salary of a Cluster Credit Manager at Annapurna Finance India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at Annapurna Finance is 14% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Annapurna Finance to a Cluster Credit Manager in India?

HDB Financial Services Cluster Credit Manager Salary - ₹11.9 Lakhs to ₹24.0 Lakhs per year
AU Small Finance Bank Cluster Credit Manager Salary - ₹6.7 Lakhs to ₹22.7 Lakhs per year
Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹19.8 Lakhs per year
Piramal Capital Housing Finance Cluster Credit Manager Salary - ₹7.7 Lakhs to ₹19.7 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year

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

Muthoot Fincorp Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹13.0 Lakhs per year
SMFG India Credit Cluster Credit Manager Salary - ₹4.6 Lakhs to ₹18.5 Lakhs per year
SK Finance Limited Cluster Credit Manager Salary - ₹8.4 Lakhs to ₹12.5 Lakhs per year
Veritas Finance Cluster Credit Manager Salary - ₹4.3 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bharat Cluster Credit Manager Salary - ₹5.4 Lakhs to ₹11.7 Lakhs per year

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 ranges between ₹64,066 per month to ₹65,698 per month in India. The take-home salary calculation is based on the average Annapurna Finance Cluster Credit Manager salary in India which ranges between ₹4.5 Lakhs to ₹15.5 Lakhs per year for employees with experience between 4 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at Annapurna Finance?

According to AmbitionBox, 87% of the Annapurna Finance Cluster Credit Managers reported a notice period of 3 Months, 9% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 23 responses on AmbitionBox in last 2 years.

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Annapurna Finance Cluster Credit Manager Salaries

Annapurna Finance Cluster Credit Manager salary in India ranges between ₹4.5 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Annapurna Finance latest salaries received from various employees of Annapurna Finance.