Avanse Financial Services Mumbai Credit Manager Salaries by 9 Employees (Updated 2025)

2 - 9 years exp.

₹4.5 Lakhs - ₹9 Lakhs

Salary of majority employees

9% 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 5 - 9 years exp. (4 salaries)	₹4.5 L/yr - ₹9 L/yr
Finance & Accounting Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹5.3 L/yr - ₹8.2 L/yr
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Risk Management & Compliance Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.3 L/yr

Last Updated: 5 Feb 2025

Companies similar to Avanse Financial Services for Credit Manager in Mumbai

Avanse Financial Services Credit Manager Salary

2 - 9 years exp. (9 salaries)

₹4.5 L/yr - ₹9 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (446 salaries)	₹4 L/yr - ₹14.6 L/yr 18% more	4 job openings
ICICI Bank Credit Manager Salary 0 - 11 years exp. (561 salaries)	₹4.3 L/yr - ₹16.5 L/yr 34% more
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Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (243 salaries)	₹3.6 L/yr - ₹13 L/yr 19% more
Tata Capital Credit Manager Salary 0 - 10 years exp. (79 salaries)	₹3 L/yr - ₹12.4 L/yr 5% more	7 job openings
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (42 salaries)	₹4.5 L/yr - ₹10.8 L/yr 2% less
Edelweiss Credit Manager Salary 0 - 8 years exp. (17 salaries)	₹3.5 L/yr - ₹10.7 L/yr 8% less
L&T Finance Credit Manager Salary 2 - 9 years exp. (19 salaries)	₹6 L/yr - ₹12.7 L/yr 21% more
Mahindra Finance Credit Manager Salary 5 - 13 years exp. (8 salaries)	₹4.7 L/yr - ₹12.7 L/yr 20% more
HDFC Credila Financial Services Credit Manager Salary 2 - 8 years exp. (12 salaries)	₹7.9 L/yr - ₹10 L/yr 28% more
Home First Finance Company India Credit Manager Salary 1 - 6 years exp. (8 salaries)	₹7.9 L/yr - ₹14.5 L/yr 34% more
Hero Housing Finance Credit Manager Salary 1 - 7 years exp. (4 salaries)	₹7 L/yr - ₹12.2 L/yr 6% less
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Credit Manager salary at Avanse Financial Services ranges between ₹4.5 Lakhs to ₹9 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 9 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Credit Manager salaries in Mumbai

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹8.2 L/yr
3 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.4 L/yr
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4 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
5 years (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
6 years (3 salaries)	₹5.7 L/yr - ₹7.8 L/yr
7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹13.6 L/yr
8 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13.8 L/yr

View all

Similar Designation salaries in Avanse Financial Services

Deputy Manager Salary

(30 salaries)

₹6 L/yr - ₹10.5 L/yr

Chief Manager Salary

(14 salaries)

₹17 L/yr - ₹28 L/yr

Branch Credit Manager Salary

(7 salaries)

₹4 L/yr - ₹8.5 L/yr

Area Credit Manager Salary

(4 salaries)

₹10 L/yr - ₹12.55 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

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Avanse Financial Services Credit Manager Salary FAQs

What is the salary of Credit Manager at Avanse Financial Services Mumbai?

Credit Manager salary at Avanse Financial Services in Mumbai ranges between ₹4.5 Lakhs to ₹9.0 Lakhs for experience between 2 years to 9 years. According to our estimates it is 9% less than the average Credit Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Avanse Financial Services Mumbai.

How does the salary of a Credit Manager at Avanse Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Credit Manager at Avanse Financial Services is 9% less than the average salary of a Credit Manager in Mumbai. To know exact salary insights, login to view.

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

Credit Appraisal, Credit Underwriting, Credit Processing, Delinquency Management and Credit Appraisal are some of the popular skills required to work as a Credit Manager at Avanse Financial Services Mumbai.

Which similar companies are paying more than Avanse Financial Services to a Credit Manager in Mumbai?

Home First Finance Company India Credit Manager Salary - ₹7.9 Lakhs to ₹14.5 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹16.5 Lakhs per year
HDFC Credila Financial Services Credit Manager Salary - ₹7.9 Lakhs to ₹10.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹6.0 Lakhs to ₹12.7 Lakhs per year
Mahindra Finance Credit Manager Salary - ₹4.7 Lakhs to ₹12.7 Lakhs per year

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

Kotak Mahindra Bank Credit Manager Salary - ₹3.6 Lakhs to ₹13.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.6 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.0 Lakhs to ₹12.4 Lakhs per year
Aditya Birla Capital Credit Manager Salary - ₹4.5 Lakhs to ₹10.8 Lakhs per year
Hero Housing Finance Credit Manager Salary - ₹7.0 Lakhs to ₹12.2 Lakhs per year

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

The estimated take-home salary of a Credit Manager at Avanse Financial Services ranges between ₹55,293 per month to ₹56,677 per month in Mumbai. The take-home salary calculation is based on the average Avanse Financial Services Credit Manager salary in India which ranges between ₹4.5 Lakhs to ₹9.0 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Avanse Financial Services in Mumbai?

According to AmbitionBox, 100% of the Avanse Financial Services Credit Managers in Mumbai reported a notice period of 3 Months.This is based on 10 responses on AmbitionBox in last 2 years.

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Avanse Financial Services Credit Manager Salaries in Mumbai

Avanse Financial Services Credit Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.