Avanse Financial Services New Delhi Branch Credit Manager Salaries by 10 Employees

0 - 8 years exp.

₹5.6 Lakhs - ₹7.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

9% more than the average Branch Credit Manager Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 0 - 8 years exp. (6 salaries)	₹5.6 L/yr - ₹7.8 L/yr
Data Science & Analytics Branch Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹6.5 L/yr
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Finance & Accounting Branch Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.4 L/yr

Last Updated: 25 Jul 2024

Companies similar to Avanse Financial Services for Branch Credit Manager in New Delhi

Avanse Financial Services Branch Credit Manager Salary

0 - 8 years exp. (10 salaries)

₹5.6 L/yr - ₹7.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Hero Housing Finance Branch Credit Manager Salary 5 - 11 years exp. (6 salaries)	₹5 L/yr - ₹12 L/yr 16% more
HDB Financial Services Branch Credit Manager Salary 1 - 12 years exp. (121 salaries)	₹3 L/yr - ₹8 L/yr 15% less	9 job openings
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ICICI Bank Branch Credit Manager Salary 1 - 6 years exp. (42 salaries)	₹5 L/yr - ₹12.1 L/yr 46% more
Sammaan Capital Limited Branch Credit Manager Salary 2 - 10 years exp. (37 salaries)	₹3.1 L/yr - ₹8 L/yr 7% less	1 job opening
Shubham Housing Development Finance Branch Credit Manager Salary 3 - 13 years exp. (35 salaries)	₹3.4 L/yr - ₹7.7 L/yr 3% less	1 job opening

Branch Credit Manager salary at Avanse Financial Services ranges between ₹5.6 Lakhs to ₹7.8 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 10 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Branch Credit Manager salaries in New Delhi

Last Updated: 25 Jul 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
1 year (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
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2 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.3 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr

View all

Similar Designation salaries in Avanse Financial Services

Credit Manager Salary

(7 salaries)

₹5.4 L/yr - ₹9 L/yr

Sales Manager Salary

(4 salaries)

₹5.4 L/yr - ₹10 L/yr

Area Credit Manager Salary

(3 salaries)

₹12 L/yr - ₹13 L/yr

Top skills at Avanse Financial Services for Branch Credit Manager

Underwriting Credit Appraisal Credit Underwriting Credit Appraisal mortgage Cost Management Medical Underwriting Biochemistry SAP Quality Management Audit Compliance Cash Flow Report Writing Home Loans Lap Mortgage Loans

Salary related reviews for Avanse Financial Services

3.7

Rated by 2 employees for salary & benefits

Credit Executive in Chennai

Full Time

Other Department

5.0

• posted on 27 Apr 2022

5.0

for Salary and Benefits

Likes

Avanse Financial Services Ltd is very good work environment and culture teammates and colliques are so supportive to me and the management is transparent. Company policies are good.

Salary - Excellent

+6 more

Dislikes

Really a good company.. Learn lot of things in the company. Salary is decent I have 1.5 years experience in the company

Deputy Manager in Andheri

Customer Success, Service & Operations Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

There should be something to like inorder to answer this question. Shit place to work

Dislikes

...too. Systems are not mature enough. Maximum work is manual. Management is baise. Only pay comes on time

Salary - Bad

+6 more

Senior Graphic Designer in Mumbai

Full Time

Marketing & Communication Department

4.0

• posted on 29 Jul 2023

4.0

for Salary and Benefits

Likes

Good company as the director don't create pressure of work but is very flexible minded person, received salary on time.

Salary - Good

+2 more

Dislikes

The only thing that I don't like is they don't have off even for days like rakhi aur bhai duj or any other Indian festivals.

Skill development - Bad

+2 more

Management Trainee in Mumbai

Full Time

Risk Management & Compliance Department

1.0

• posted on 17 Jul 2023

2.0

for Salary and Benefits

Likes

Salary and employee benefits are good in terms with the market trends

Dislikes

There is no work life balance. Managers are extremely aggressive and it is expected to work overtime and on weekends. There is no training or guidance from the seniors and the attrition rate is very high due to which there is no stability. The HR does not take cognizance of employees issues.

Salary - Poor

+6 more

Branch Sales Manager in New Delhi

BFSI, Investments & Trading Department

5.0

• posted on 16 Apr 2021

5.0

for Salary and Benefits

Likes

Company take care of every aspect of the employee. During covid most of the company was deducting the salary but our company was giving the additional payment. Like leave inchasment and incentive. During customer company has taken care of every employee. Being a sales driven company still company is working roster..

Salary - Excellent

+6 more

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Avanse Financial Services Branch Credit Manager Salary FAQs

What is the salary of Branch Credit Manager at Avanse Financial Services in New Delhi?

The average salary of a Branch Credit Manager at Avanse Financial Services in New Delhi typically ranges from ₹5.6 Lakhs to ₹7.8 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Branch Credit Manager in New Delhi at Avanse Financial Services earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹7.8 Lakhs per year. Branch Credit Manager Salaries at Avanse Financial Services 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 10 Avanse Financial Services employees in India.

What is the estimated take home salary of a Branch Credit Manager at Avanse Financial Services in New Delhi?

The estimated take-home salary of a Branch Credit Manager at Avanse Financial Services in New Delhi typically ranges from ₹47,362 to ₹48,483 per month. This is based on the average salary range of ₹5.6 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from Fresher to 8 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 10 salaries received from various employees of Avanse Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Credit Manager at Avanse Financial Services in New Delhi?

To be a Branch Credit Manager at Avanse Financial Services in New Delhi, the key skills required include:

- Underwriting
- Credit Appraisal
- Credit Underwriting
- Credit Appraisal
- mortgage

These skills are highly valued at Avanse Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Avanse Financial Services for Branch Credit Manager in India?

ICICI Bank	₹5.0 Lakhs to ₹12.1 Lakhs per year
Hero Housing Finance	₹5.0 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Avanse Financial Services, depending on the role and experience level.

What is the salary of a Branch Credit Manager in companies similar to Avanse Financial Services in New Delhi?

The salary of a Branch Credit Manager at companies similar to Avanse Financial Services in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Shubham Housing Development Finance	₹3.4 Lakhs to ₹7.7 Lakhs per year
Sammaan Capital Limited	₹3.1 Lakhs to ₹8.0 Lakhs per year
HDB Financial Services	₹3.0 Lakhs to ₹8.0 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 Branch Credit Manager at Avanse Financial Services in New Delhi?

The salary growth for a Branch Credit Manager at Avanse Financial Services in New Delhi depends on factors such as experience, performance, and promotions. On average, a Branch Credit Manager in New Delhi can expect the following growth trajectory at Avanse Financial Services:

Experience	Average Salary Range
Fresher	₹5.2 Lakhs to ₹6.7 Lakhs per year
1 year	₹5.3 Lakhs to ₹6.8 Lakhs per year
2 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
3 years	₹5.5 Lakhs to ₹7.0 Lakhs per year

and so on.

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Avanse Financial Services Branch Credit Manager Salaries in New Delhi

Avanse Financial Services Branch Credit Manager salary in New Delhi ranges between ₹5.6 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.