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Avanse Financial Services Credit Manager salaries in India (Updated 2025)

Annual salary range
2 - 9 years exp.
₹3.5 Lakhs - ₹9.6 Lakhs
Salary of majority employees
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12% less than the average Credit Manager Salary in Financial Services Companies for 2 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
2 - 9 years exp. (13 salaries)
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₹4.4 L/yr - ₹9.6 L/yr

Finance & Accounting
Credit Manager Salary
2 - 7 years exp. (11 salaries)
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₹4.5 L/yr - ₹9 L/yr

Risk Management & Compliance
Credit Manager Salary
3 - 9 years exp. (3 salaries)
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₹3.5 L/yr - ₹8.3 L/yr

Last Updated: 7 Mar 2025

Companies similar to Avanse Financial Services for Credit Manager

Company name Avg Annual Salary Open Jobs
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₹4.6 L/yr - ₹12.5 L/yr

arrow icon 31% more
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SMEcorner Credit Manager Salary

0 - 8 years exp. (46 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 26% less
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KapitalTech Credit Manager Salary

0 - 11 years exp. (43 salaries)

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₹3 L/yr - ₹8.3 L/yr

arrow icon 23% less
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Hero Housing Finance Credit Manager Salary

1 - 10 years exp. (43 salaries)

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₹3.3 L/yr - ₹10.9 L/yr

arrow icon 7% less
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₹5.2 L/yr - ₹12 L/yr

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₹5.2 L/yr - ₹16 L/yr

arrow icon 47% more
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Axio Credit Manager Salary

2 - 7 years exp. (18 salaries)

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₹4.8 L/yr - ₹12.2 L/yr

arrow icon 16% more
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₹7 L/yr - ₹14.8 L/yr

arrow icon 44% more
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Vivriti Capital Credit Manager Salary

2 - 5 years exp. (6 salaries)

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₹12.8 L/yr - ₹17 L/yr

arrow icon 108% more
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₹2 L/yr - ₹3 L/yr

arrow icon 62% less
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Leap Finance Credit Manager Salary

2 - 7 years exp. (5 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 41% less
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Wishfin Credit Manager Salary

5 - 7 years exp. (4 salaries)

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₹4 L/yr - ₹8.2 L/yr

arrow icon 15% less
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Better.com Credit Manager Salary

7 - 9 years exp. (3 salaries)

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₹8 L/yr - ₹12 L/yr

arrow icon 56% more
Credit Manager salary at Avanse Financial Services ranges between ₹3.5 Lakhs to ₹9.6 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 27 latest salaries received from various employees of Avanse Financial Services.

Latest annual salaries shared by Avanse Financial Services Credit Manager

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Experience wise Avanse Financial Services Credit Manager salaries

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
2 years  (7 salaries)

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₹4.5 L/yr - ₹9.6 L/yr
3 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹9 L/yr
4 years  (5 salaries)

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₹4.4 L/yr - ₹12.2 L/yr
5 years  (5 salaries)

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₹4.4 L/yr - ₹9 L/yr
6 years  (3 salaries)

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₹5.7 L/yr - ₹7.8 L/yr
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Similar Designation salaries in Avanse Financial Services

Credit Officer Salary
(16 salaries)
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₹2.76 L/yr - ₹5.4 L/yr
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₹10 L/yr - ₹13 L/yr
Branch Manager Salary
(AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr
Deputy Manager Salary
(49 salaries)
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₹4.8 L/yr - ₹11 L/yr
Chief Manager Salary
(18 salaries)
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₹17 L/yr - ₹28 L/yr
Credit Analyst Salary
(4 salaries)
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₹2.25 L/yr - ₹15.15 L/yr
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₹15.4 L/yr - ₹21.6 L/yr
Sales Manager Salary
(27 salaries)
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₹3.6 L/yr - ₹12 L/yr
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₹4 L/yr - ₹9 L/yr
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₹7 L/yr - ₹9.38 L/yr

Top skills at Avanse Financial Services for Credit Manager

Credit Appraisal Credit Underwriting Credit Processing Delinquency Management Credit Appraisal Cost Management Credit Underwriting Loan against Property Secured Loan mortgage Team Handling Credit Management Team Management Communication Skills Lap

Salary related reviews for Avanse Financial Services

4.0

Rated by 4 employees for salary & benefits

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.

read more
  • 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

read more

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

read more
  • Salary - Bad
  • +6 more

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.

read more
  • 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.

read more
  • Skill development - Bad
  • +2 more

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.

read more
  • Salary - Poor
  • +6 more

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..

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  • Salary - Excellent
  • +6 more
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Avanse Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at Avanse Financial Services ?
The average salary of a Credit Manager at Avanse Financial Services in India typically ranges from ₹3.5 Lakhs to ₹9.6 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Credit Manager at Avanse Financial Services earn more than ₹9.0 Lakhs per year, and the top 1% earn over ₹9.6 Lakhs per year. 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 20+ Avanse Financial Services employees in India.
What is the estimated take home salary of a Credit Manager at Avanse Financial Services in India?
The estimated take-home salary of a Credit Manager at Avanse Financial Services in India typically ranges from ₹52,442 to ₹53,677 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹9.6 Lakhs per year for employees with experience ranging from 2 years to 9 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 20+ 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 Credit Manager at Avanse Financial Services ?
To be a Credit Manager at Avanse Financial Services in india, the key skills required include:

  • - Credit Appraisal
  • - Credit Underwriting
  • - Credit Processing
  • - Delinquency Management
  • - Credit Appraisal

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 Credit Manager in India?
Vivriti Capital ₹12.8 Lakhs to ₹17.0 Lakhs per year
Better.com ₹8.0 Lakhs to ₹12.0 Lakhs per year
Home First Finance Company India ₹5.2 Lakhs to ₹16.0 Lakhs per year
Oxyzo Financial Services ₹7.0 Lakhs to ₹14.8 Lakhs per year
HDFC Credila Financial Services ₹4.6 Lakhs to ₹12.5 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 Credit Manager in companies similar to Avanse Financial Services in India?
The salary of a Credit Manager at companies similar to Avanse Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Samunnati Financial Intermediation and Services ₹5.2 Lakhs to ₹12.0 Lakhs per year
Axio ₹4.8 Lakhs to ₹12.2 Lakhs per year
Hero Housing Finance ₹3.3 Lakhs to ₹10.9 Lakhs per year
Wishfin ₹4.0 Lakhs to ₹8.2 Lakhs per year
KapitalTech ₹3.0 Lakhs to ₹8.3 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 Avanse Financial Services in India?
The salary growth for a Credit Manager at Avanse Financial Services depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Avanse Financial Services:

Experience Average Salary Range
2 years ₹4.5 Lakhs to ₹9.6 Lakhs per year
3 years ₹3.5 Lakhs to ₹9.0 Lakhs per year
4 years ₹4.4 Lakhs to ₹12.2 Lakhs per year
5 years ₹4.4 Lakhs to ₹9.0 Lakhs per year
and so on.

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Avanse Financial Services Credit Manager salary in India ranges between ₹3.5 Lakhs to ₹9.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.