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

4 - 16 years exp.

₹7 Lakhs - ₹14.5 Lakhs

Salary of majority employees

Fixed (83%)

₹8.6 Lakhs

Variable (17%)

₹1.8 Lakh

24% less than the average Senior Manager Credit Salary in Financial Services Companies for 4 - 16 years of experience

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Salaries in different departments

Finance & Accounting Senior Manager Credit Salary 4 - 11 years exp. (6 salaries)	₹7 L/yr - ₹12.4 L/yr
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BFSI, Investments & Trading Senior Manager Credit Salary 13 - 16 years exp. (3 salaries)	₹11 L/yr - ₹14.5 L/yr

Last Updated: 20 Feb 2025

Companies similar to Avanse Financial Services for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Vivriti Capital Senior Manager Credit Salary 2 - 4 years exp. (7 salaries)	₹17 L/yr - ₹24 L/yr 94% more
KapitalTech Senior Manager Credit Salary 3 - 12 years exp. (6 salaries)	₹9.4 L/yr - ₹12 L/yr At par
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HDFC Credila Financial Services Senior Manager Credit Salary 7 - 10 years exp. (5 salaries)	₹8.8 L/yr - ₹15 L/yr 9% more
Home First Finance Company India Senior Manager Credit Salary 5 - 8 years exp. (4 salaries)	₹10.5 L/yr - ₹14 L/yr 19% more
Samunnati Financial Intermediation and Services Senior Manager Credit Salary 3 - 11 years exp. (4 salaries)	₹8.5 L/yr - ₹12.5 L/yr 4% more
Oxyzo Financial Services Senior Manager Credit Salary 3 - 10 years exp. (4 salaries)	₹14.5 L/yr - ₹18.5 L/yr 65% more
Hero Housing Finance Senior Manager Credit Salary 6 - 10 years exp. (3 salaries)	₹7.3 L/yr - ₹10 L/yr 21% less

Senior Manager Credit salary at Avanse Financial Services ranges between ₹7 Lakhs to ₹14.5 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 9 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services Senior Manager Credit salaries

Last Updated: 20 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.9 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹16.4 L/yr
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6 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
7 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11.1 L/yr
8 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.3 L/yr
9 years (AmbitionBox Estimate)	₹4 L/yr - ₹10.4 L/yr
10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹12.4 L/yr
11 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹19.1 L/yr
12 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
13 years (AmbitionBox Estimate)	₹11 L/yr - ₹20 L/yr
14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
15+ years (AmbitionBox Estimate)	₹4.7 L/yr - ₹14.5 L/yr

View all

Similar Designation salaries in Avanse Financial Services

Credit Manager Salary

(27 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Deputy Manager Salary

(49 salaries)

₹4.8 L/yr - ₹11 L/yr

Chief Manager Salary

(18 salaries)

₹17 L/yr - ₹28 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Senior Credit Officer Salary

(4 salaries)

₹3 L/yr - ₹3.05 L/yr

Credit Underwriter Salary

(3 salaries)

₹3.1 L/yr - ₹4.5 L/yr

Credit Analyst Salary

(4 salaries)

₹2.25 L/yr - ₹15.15 L/yr

Area Credit Manager Salary

(7 salaries)

₹10 L/yr - ₹13 L/yr

Relationship Manager Salary

(25 salaries)

₹2.5 L/yr - ₹9.06 L/yr

Regional Credit Manager Salary

(7 salaries)

₹15.4 L/yr - ₹19.2 L/yr

Top skills at Avanse Financial Services for Senior Manager Credit

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

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

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Avanse Financial Services Senior Manager Credit Salary FAQs

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

The average salary of a Senior Manager Credit at Avanse Financial Services in India typically ranges from ₹7.0 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Senior Manager Credit at Avanse Financial Services earn more than ₹14.5 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Senior Manager Credit 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 9 Avanse Financial Services employees in India.

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

The estimated take-home salary of a Senior Manager Credit at Avanse Financial Services in India typically ranges from ₹74,610 to ₹76,540 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 4 years to 16 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 9 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 Senior Manager Credit at Avanse Financial Services ?

To be a Senior Manager Credit at Avanse Financial Services in india, the key skills required include:

- Credit Appraisal
- Medical Underwriting
- Biochemistry
- SAP Quality Management
- Audit Compliance

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 Senior Manager Credit in India?

Vivriti Capital	₹17.0 Lakhs to ₹24.0 Lakhs per year
Oxyzo Financial Services	₹14.5 Lakhs to ₹18.5 Lakhs per year
Home First Finance Company India	₹10.5 Lakhs to ₹14.0 Lakhs per year
HDFC Credila Financial Services	₹8.8 Lakhs to ₹15.0 Lakhs per year
Samunnati Financial Intermediation and Services	₹8.5 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 Senior Manager Credit in companies similar to Avanse Financial Services in India?

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

KapitalTech	₹9.4 Lakhs to ₹12.0 Lakhs per year
Hero Housing Finance	₹7.3 Lakhs to ₹10.0 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 Senior Manager Credit at Avanse Financial Services in India?

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

Experience	Average Salary Range
4 years	₹7.0 Lakhs to ₹15.9 Lakhs per year
5 years	₹7.0 Lakhs to ₹16.4 Lakhs per year
6 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
7 years	₹8.6 Lakhs to ₹11.1 Lakhs per year

and so on.

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Avanse Financial Services Senior Manager Credit Salaries

Avanse Financial Services Senior Manager Credit salary in India ranges between ₹7 Lakhs to ₹14.5 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.