APAC Financial Services Cluster Credit Manager Salaries by 5 Employees (Updated 2025)

7 - 8 years exp.

₹5.5 Lakhs - ₹12.3 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Cluster Credit Manager Salary in Financial Services Companies for 7 - 8 years of experience

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Salaries in different departments

Finance & Accounting Cluster Credit Manager Salary 7 - 8 years exp. (4 salaries)	₹5.5 L/yr - ₹13.2 L/yr
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BFSI, Investments & Trading Cluster Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹10.3 L/yr

Last Updated: 20 Jun 2024

Companies similar to APAC Financial Services for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (17 salaries)	₹12.3 L/yr - ₹22 L/yr 129% more
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	₹3.6 L/yr - ₹9.8 L/yr 10% less
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Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	₹7 L/yr - ₹13.5 L/yr 44% more
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	₹2.3 L/yr - ₹12 L/yr 2% less
Edelweiss Cluster Credit Manager Salary 3 - 6 years exp. (9 salaries)	₹10 L/yr - ₹14.3 L/yr 75% more

Cluster Credit Manager salary at APAC Financial Services ranges between ₹5.5 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of APAC Financial Services.

Experience wise APAC Financial Services Cluster Credit Manager salaries

Last Updated: 20 Jun 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹5.5 L/yr
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8 years (4 salaries)	₹6 L/yr - ₹13.2 L/yr

Similar Designation salaries in APAC Financial Services

Area Credit Manager Salary

(4 salaries)

₹7.1 L/yr - ₹16.75 L/yr

Branch Credit Manager Salary

(26 salaries)

₹4 L/yr - ₹6.05 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹16 L/yr - ₹42 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹4.6 L/yr - ₹11 L/yr

Regional Credit Manager Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Credit Manager Salary

(16 salaries)

₹4 L/yr - ₹6.85 L/yr

Senior Credit Officer Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Relationship Manager Salary

(39 salaries)

₹1.9 L/yr - ₹4.34 L/yr

Credit Officer Salary

(7 salaries)

₹2.5 L/yr - ₹2.85 L/yr

Branch Manager Salary

(24 salaries)

₹4.35 L/yr - ₹8.45 L/yr

Top skills at APAC Financial Services for Cluster Credit Manager

mortgage Credit Management Credit Lap Retail Assets housing finance Underwriting

Salary related reviews for APAC Financial Services

4.7

Rated by 4 employees for salary & benefits

Branch Manager in Alwar

Full Time

Finance & Accounting Department

5.0

• posted on 29 Aug 2024

5.0

for Salary and Benefits

Likes

Salary - Excellent

+1 more

Dislikes

Supervision issue.....one handed decisions taken by higher management.....also working in all holidays even every Sunday due to this high attrition in the company

Job security - Bad

+2 more

Cluster Credit Manager in Mudhol

Full Time

Risk Management & Compliance Department

5.0

• posted on 15 Oct 2023

5.0

for Salary and Benefits

Likes

Overall company is in growing stage and adopting new type of fully digital system bring the work life balance for employees

Salary - Excellent

+6 more

Dislikes

It's well Digitalized company it's growing stage so Nothing dislike found in company

Lead Internal Auditor in Lower Parel Mumbai

Finance & Accounting Department

2.0

• posted on 22 Oct 2021

1.0

for Salary and Benefits

Likes

Teammates are supportive. Appraisals are not transparent and fair. Work environment is not good.

Dislikes

There was a lot of issues and the management doesn't address the same in proper manner. No proper Vision & Mission of the company.

Salary - Bad

+6 more

Relationship Manager in Villupuram

Customer Success, Service & Operations Department

5.0

• posted on 19 Aug 2021

5.0

for Salary and Benefits

Likes

I had worked with APAC for one year. I learnt alot of things in this organization. I can say this is a really good company, trusted staff. Job security for sure. Management is also very helpful & supportive. It's a nice place to work.

Salary - Excellent

+6 more

Credit Manager in Thane

BFSI, Investments & Trading Department

2.0

• posted on 05 Jun 2020

2.0

for Salary and Benefits

Likes

Actually I recently joined Apac Finance on 24th feb 2020 and i worked there only for 1 month. After the 1 month lockdown has been started and we all were working from home due to covid-19 pandamic lockdown but suddenly my company has been started to layoff to employee by LIFO method and they had targeting new employees. As we all know that we r facing this tough time becoz of covid but suddenly i received the cll from hr she said sorry to inform you that you have to resign becoz business is not happening and discussion has been done with management i said ok will discussed with my boss then i contact to my boss hr asking to me resign becoz business not happening my boss said yes discussion has been done with corporate level so you have to resigned even i told them plz do not ask me to.resign atleast in this worst situation becoz hiring has been freezed everywhere so job getting is difficult in ybis situation but they said this is not in my hand . So my overall experince is bad.

Dislikes

I joined Apac NBFC on 24th feb 2020 and as we all know that everyone was facing this tough situation but hr ask me to resigned in this worst situation i really didnt liked this.

Salary - Poor

+4 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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APAC Financial Services Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at APAC Financial Services?

Cluster Credit Manager salary at APAC Financial Services in India ranges between ₹5.5 Lakhs to ₹12.3 Lakhs for experience between 7 years to 8 years. According to our estimates it is 29% less than the average Cluster Credit Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of APAC Financial Services India.

How does the salary of a Cluster Credit Manager at APAC Financial Services India compare with the average salary range for this job?

The average salary of a Cluster Credit Manager at APAC Financial Services is 29% less than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Cluster Credit Manager at APAC Financial Services?

mortgage, Credit Management, Credit, Lap and Retail Assets are some of the popular skills required to work as a Cluster Credit Manager at APAC Financial Services India.

Which similar companies are paying more than APAC Financial Services to a Cluster Credit Manager in India?

Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹22.0 Lakhs per year
Edelweiss Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹14.3 Lakhs per year
Kotak Mahindra Bank Cluster Credit Manager Salary - ₹7.0 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Cluster Credit Manager in companies similar to APAC Financial Services in India?

Axis Bank Cluster Credit Manager Salary - ₹2.3 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Cluster Credit Manager Salary - ₹3.6 Lakhs to ₹9.8 Lakhs per year

What is the estimated take home salary of a Cluster Credit Manager at APAC Financial Services in India?

The estimated take-home salary of a Cluster Credit Manager at APAC Financial Services ranges between ₹54,009 per month to ₹55,356 per month in India. The take-home salary calculation is based on the average APAC Financial Services Cluster Credit Manager salary in India which ranges between ₹5.5 Lakhs to ₹12.3 Lakhs per year for employees with experience between 7 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at APAC Financial Services?

According to AmbitionBox, 90% of the APAC Financial Services Cluster Credit Managers reported a notice period of 3 Months, 10% reported a notice period of 2 Months.This is based on 10 responses on AmbitionBox in last 2 years.

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APAC Financial Services Cluster Credit Manager Salaries

APAC Financial Services Cluster Credit Manager salary in India ranges between ₹5.5 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 APAC Financial Services latest salaries received from various employees of APAC Financial Services.