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Annapurna Finance Credit Manager salaries in India (Updated 2025)

Annual salary range
2 - 11 years exp.
₹2.7 Lakhs - ₹7.1 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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43% less than the average Credit Manager Salary in NBFC Companies for 2 - 11 years of experience

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Salaries in different departments

Finance & Accounting
Credit Manager Salary
2 - 11 years exp. (75 salaries)
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₹2.7 L/yr - ₹6.8 L/yr

BFSI, Investments & Trading
Credit Manager Salary
2 - 11 years exp. (59 salaries)
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₹3 L/yr - ₹6.7 L/yr

Risk Management & Compliance
Credit Manager Salary
2 - 11 years exp. (22 salaries)
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₹2.9 L/yr - ₹7.1 L/yr

Customer Success, Service & Operations
Credit Manager Salary
3 - 8 years exp. (6 salaries)
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₹3 L/yr - ₹4.2 L/yr

Quality Assurance
Credit Manager Salary
2 - 6 years exp. (6 salaries)
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₹2.8 L/yr - ₹4.4 L/yr

View all

Last Updated: 6 Apr 2025

Companies similar to Annapurna Finance for Credit Manager

Company name Avg Annual Salary Open Jobs
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HDB Financial Services Credit Manager Salary

0 - 12 years exp. (478 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 4% more
1 job opening
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Tata Capital Credit Manager Salary

0 - 11 years exp. (456 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 83% more
6 job openings
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SMFG India Credit Credit Manager Salary

0 - 13 years exp. (339 salaries)

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₹2.4 L/yr - ₹10.8 L/yr

arrow icon 49% more
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Aditya Birla Finance Credit Manager Salary

0 - 10 years exp. (315 salaries)

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₹3.9 L/yr - ₹12.6 L/yr

arrow icon 62% more
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₹2.5 L/yr - ₹10 L/yr

arrow icon 55% more
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Aavas Financiers Credit Manager Salary

1 - 10 years exp. (276 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 35% more
5 job openings
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Bajaj Finance Credit Manager Salary

1 - 9 years exp. (207 salaries)

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₹2.4 L/yr - ₹9 L/yr

arrow icon 37% more
4 job openings
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IIFL Finance Credit Manager Salary

0 - 10 years exp. (178 salaries)

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₹2.3 L/yr - ₹10.2 L/yr

arrow icon 36% more
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Shriram Finance Credit Manager Salary

0 - 10 years exp. (124 salaries)

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₹1.8 L/yr - ₹9.5 L/yr

arrow icon 20% more
2 job openings
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Mahindra Finance Credit Manager Salary

1 - 14 years exp. (114 salaries)

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₹2.7 L/yr - ₹13 L/yr

arrow icon 68% more
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Credit Manager salary at Annapurna Finance ranges between ₹2.7 Lakhs to ₹7.1 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 216 latest salaries received from various employees of Annapurna Finance.

Latest annual salaries shared by Annapurna Finance Credit Manager

2d ago
₹4.8 Lakhs
6 years exp.
2w ago
₹3.4 Lakhs
7 years exp.
3w ago
₹4.7 Lakhs
10 years exp.
3w ago
₹4.5 Lakhs
6 years exp.
4w ago
₹4.2 Lakhs
5 years exp.
1mo ago
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8 years exp.
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3 years exp.
1mo ago
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6 years exp.
1mo ago
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3 years exp.
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4 years exp.

Experience wise Annapurna Finance Credit Manager salaries

Last Updated: 6 Apr 2025

Experience Avg Annual Salary
2 years  (10 salaries)

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₹2.9 L/yr - ₹4.5 L/yr
3 years  (24 salaries)

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₹2.8 L/yr - ₹5.3 L/yr
4 years  (26 salaries)

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₹2.8 L/yr - ₹5.8 L/yr
5 years  (43 salaries)

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₹2.7 L/yr - ₹5.5 L/yr
6 years  (39 salaries)

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₹3 L/yr - ₹7.1 L/yr
View all
Annapurna Finance Credit Manager Salary and Career Growth

From

To

Credit Manager

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2 - 11 years exp.

Cluster Credit Manager

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6 - 17 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Annapurna Finance

Credit Officer Salary
(23 salaries)
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₹1.2 L/yr - ₹4 L/yr
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₹5 L/yr - ₹10.5 L/yr
Branch Manager Salary
(150 salaries)
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₹2.05 L/yr - ₹6.25 L/yr
Deputy Manager Salary
(120 salaries)
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₹2.15 L/yr - ₹7.39 L/yr
Credit Analyst Salary
(4 salaries)
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₹3.25 L/yr - ₹7.55 L/yr
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₹4.5 L/yr - ₹8 L/yr
Sales Manager Salary
(4 salaries)
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₹2.5 L/yr - ₹3.28 L/yr
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₹2.75 L/yr - ₹5.65 L/yr
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₹3.8 L/yr - ₹4.85 L/yr
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₹5 L/yr - ₹16 L/yr

Top skills at Annapurna Finance for Credit Manager

Credit Underwriting Credit Appraisal Credit Analysis Credit Management Business Loan Mortgage Loans Credit Control Operations Appraisal Strong Analytical Skills Home Loans Lap Credit Monitoring housing loan Credit Assessment hl

Salary related reviews for Annapurna Finance

3.9

Rated by 69 employees for salary & benefits

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

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.

read more
see more salary related reviews

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Annapurna Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Annapurna Finance ?
The average salary of a Credit Manager at Annapurna Finance in India typically ranges from ₹2.7 Lakhs to ₹7.1 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Credit Manager at Annapurna Finance earn more than ₹5.4 Lakhs per year, and the top 1% earn over ₹6.7 Lakhs per year. 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 200+ Annapurna Finance employees in India.
What is the estimated take home salary of a Credit Manager at Annapurna Finance in India?
The estimated take-home salary of a Credit Manager at Annapurna Finance in India typically ranges from ₹33,238 to ₹34,504 per month. This is based on the average salary range of ₹2.7 Lakhs to ₹7.1 Lakhs per year for employees with experience ranging from 2 years to 11 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 200+ salaries received from various employees of Annapurna Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Manager at Annapurna Finance ?
To be a Credit Manager at Annapurna Finance in india, the key skills required include:

  • - Credit Underwriting
  • - Credit Appraisal
  • - Credit Analysis
  • - Credit Management
  • - Business Loan

These skills are highly valued at Annapurna Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Annapurna Finance for Credit Manager in India?
Tata Motors Finance ₹7.1 Lakhs to ₹12.8 Lakhs per year
Tata Capital ₹4.0 Lakhs to ₹13.0 Lakhs per year
L&T Finance ₹3.7 Lakhs to ₹14.0 Lakhs per year
Arohan Financial Services ₹5.9 Lakhs to ₹10.5 Lakhs per year
Mahindra Finance ₹2.7 Lakhs to ₹13.0 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 Credit Manager in companies similar to Annapurna Finance in India?
The salary of a 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:

Aditya Birla Finance ₹3.9 Lakhs to ₹12.6 Lakhs per year
Piramal Capital Housing Finance ₹2.5 Lakhs to ₹10.0 Lakhs per year
SMFG India Credit ₹2.4 Lakhs to ₹10.8 Lakhs per year
Bajaj Finance ₹2.4 Lakhs to ₹9.0 Lakhs per year
IIFL Finance ₹2.3 Lakhs to ₹10.2 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 Credit Manager at Annapurna Finance in India?
The salary growth for a Credit Manager at Annapurna Finance depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Annapurna Finance:

Experience Average Salary Range
2 years ₹2.9 Lakhs to ₹4.5 Lakhs per year
3 years ₹2.8 Lakhs to ₹5.3 Lakhs per year
4 years ₹2.8 Lakhs to ₹5.8 Lakhs per year
5 years ₹2.7 Lakhs to ₹5.5 Lakhs per year
and so on.

Tell us how to improve this page.

Annapurna Finance Credit Manager salary in India ranges between ₹2.7 Lakhs to ₹7.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 216 Annapurna Finance latest salaries received from various employees of Annapurna Finance.