Annapurna Finance Chennai Credit Manager Salaries by 5 Employees (Updated 2024)

3 - 10 years exp.

₹3.4 Lakhs - ₹5.1 Lakhs

Salary of majority employees

42% less than the average Credit Manager Salary in NBFC Companies for 3 - 10 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 3 - 9 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.1 L/yr
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BFSI, Investments & Trading Credit Manager Salary 5 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹5.5 L/yr

Last Updated: 9 Jun 2023

Companies similar to Annapurna Finance for Credit Manager in Chennai

Annapurna Finance Credit Manager Salary

3 - 10 years exp. (5 salaries)

₹3.4 L/yr - ₹5.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Bajaj Finserv Credit Manager Salary 0 - 7 years exp. (13 salaries)	₹3.5 L/yr - ₹7.1 L/yr 20% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (165 salaries)	₹3.5 L/yr - ₹14 L/yr 74% more	3 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (181 salaries)	₹3.8 L/yr - ₹15 L/yr 94% more
Axis Bank Credit Manager Salary 0 - 11 years exp. (43 salaries)	₹4 L/yr - ₹14 L/yr 92% more
Kotak Mahindra Bank Credit Manager Salary 0 - 9 years exp. (41 salaries)	₹3.6 L/yr - ₹13.2 L/yr 91% more
HDB Financial Services Credit Manager Salary 0 - 11 years exp. (62 salaries)	₹2.2 L/yr - ₹7.2 L/yr 1% less
Aditya Birla Finance Credit Manager Salary 1 - 10 years exp. (44 salaries)	₹3.8 L/yr - ₹8.7 L/yr 56% more
Equitas Small Finance Bank Credit Manager Salary 4 - 14 years exp. (21 salaries)	₹3 L/yr - ₹9.3 L/yr 17% more
Jana Small Finance Bank Credit Manager Salary 4 - 11 years exp. (15 salaries)	₹3.5 L/yr - ₹6.6 L/yr 19% more
Tata Capital Credit Manager Salary 1 - 7 years exp. (11 salaries)	₹4.1 L/yr - ₹8.6 L/yr 54% more	11 job openings
Shriram Finance Credit Manager Salary 3 - 6 years exp. (9 salaries)	₹2.8 L/yr - ₹10 L/yr 25% more	3 job openings
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Cholamandalam Investment & Finance Credit Manager Salary 4 - 12 years exp. (7 salaries)	₹3.8 L/yr - ₹10.1 L/yr 17% more
TVS Credit Credit Manager Salary 4 - 9 years exp. (6 salaries)	₹3.9 L/yr - ₹9.5 L/yr 34% more	1 job opening
Muthoot Finance Credit Manager Salary 2 - 9 years exp. (6 salaries)	₹3 L/yr - ₹5.5 L/yr 1% more	2 job openings
Muthoot Fincorp Credit Manager Salary 2 - 12 years exp. (4 salaries)	₹3.6 L/yr - ₹6 L/yr 2% less
Mahindra Finance Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹10.1 L/yr 66% more
L&T Finance Credit Manager Salary 2 - 5 years exp. (3 salaries)	₹4.8 L/yr - ₹9 L/yr 77% more

Credit Manager salary at Annapurna Finance ranges between ₹3.4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Annapurna Finance.

Experience wise Annapurna Finance Credit Manager salaries in Chennai

Last Updated: 9 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹5 L/yr
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5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹8.3 L/yr
6 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.4 L/yr
7 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.9 L/yr
10 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹9 L/yr

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Similar Designation salaries in Annapurna Finance

Cluster Credit Manager Salary

(3 salaries)

₹4.5 L/yr - ₹9.86 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

3.0

Rated by 1 employees for salary & benefits

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

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.

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Annapurna Finance Credit Manager Salary FAQs

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

Credit Manager salary at Annapurna Finance in Chennai ranges between ₹3.4 Lakhs to ₹5.1 Lakhs for experience between 3 years to 10 years. According to our estimates it is 42% less than the average Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Annapurna Finance Chennai.

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

The average salary of a Credit Manager at Annapurna Finance is 42% less than the average salary of a Credit Manager in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at Annapurna Finance?

Credit Underwriting, Credit Appraisal, Credit Analysis, Credit Management and Business Loan are some of the popular skills required to work as a Credit Manager at Annapurna Finance Chennai.

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

ICICI Bank Credit Manager Salary - ₹3.8 Lakhs to ₹15.0 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹3.6 Lakhs to ₹13.2 Lakhs per year
L&T Finance Credit Manager Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year

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

Mahindra Finance Credit Manager Salary - ₹5.4 Lakhs to ₹10.1 Lakhs per year
Aditya Birla Finance Credit Manager Salary - ₹3.8 Lakhs to ₹8.7 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.1 Lakhs to ₹8.6 Lakhs per year
TVS Credit Credit Manager Salary - ₹3.9 Lakhs to ₹9.5 Lakhs per year
Shriram Finance Credit Manager Salary - ₹2.8 Lakhs to ₹10.0 Lakhs per year

What is the estimated take home salary of a Credit Manager at Annapurna Finance in Chennai?

The estimated take-home salary of a Credit Manager at Annapurna Finance ranges between ₹34,973 per month to ₹36,213 per month in Chennai. The take-home salary calculation is based on the average Annapurna Finance Credit Manager salary in India which ranges between ₹3.4 Lakhs to ₹5.1 Lakhs per year for employees with experience between 3 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Annapurna Finance Credit Managers in Chennai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Annapurna Finance Credit Manager Salaries in Chennai

Annapurna Finance Credit Manager salary in Chennai ranges between ₹3.4 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Annapurna Finance latest salaries received from various employees of Annapurna Finance.