Avanse Financial Services State Credit Manager Salaries by 4 Employees

7 - 17 years exp.

₹13.8 Lakhs - ₹20.5 Lakhs

Low Confidence

Salary of majority employees

6% more than the average State Credit Manager Salary in Financial Services Companies for 7 - 17 years of experience

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Salaries in different departments

Risk Management & Compliance State Credit Manager Salary 7 - 12 years exp. (AmbitionBox Estimate)	₹13.8 L/yr - ₹14 L/yr
BFSI, Investments & Trading State Credit Manager Salary 17 years exp. (AmbitionBox Estimate)	₹13.9 L/yr - ₹16.9 L/yr
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Finance & Accounting State Credit Manager Salary 11 years exp. (AmbitionBox Estimate)	₹18.5 L/yr - ₹22.6 L/yr

Last Updated: 18 Dec 2024

Companies similar to Avanse Financial Services for State Credit Manager

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank State Credit Manager Salary 3 - 14 years exp. (59 salaries)	₹5 L/yr - ₹16.6 L/yr 35% less
Aavas Financiers State Credit Manager Salary 5 - 16 years exp. (31 salaries)	₹10.4 L/yr - ₹21.3 L/yr 8% less	1 job opening
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IDFC FIRST Bank State Credit Manager Salary 11 - 18 years exp. (27 salaries)	₹12.2 L/yr - ₹30 L/yr 37% more
SMFG India Credit State Credit Manager Salary 12 - 19 years exp. (27 salaries)	₹9 L/yr - ₹24.5 L/yr 7% more
Kotak Mahindra Bank State Credit Manager Salary 7 - 23 years exp. (16 salaries)	₹9 L/yr - ₹18.8 L/yr 18% less

State Credit Manager salary at Avanse Financial Services ranges between ₹13.8 Lakhs to ₹20.5 Lakhs per year for employees with experience between 7 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Avanse Financial Services.

Experience wise Avanse Financial Services State Credit Manager salaries

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹14.1 L/yr - ₹18 L/yr
8 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
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9 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
10 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
11 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
12 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
13 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
14 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
15+ years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr

View all

Similar Designation salaries in Avanse Financial Services

Area Credit Manager Salary

(7 salaries)

₹10 L/yr - ₹13 L/yr

Branch Credit Manager Salary

(35 salaries)

₹4 L/yr - ₹9 L/yr

Zonal Credit Manager Salary

(5 salaries)

₹15.4 L/yr - ₹21.6 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹7 L/yr - ₹9.38 L/yr

Credit Manager Salary

(27 salaries)

₹3.5 L/yr - ₹9.6 L/yr

Assistant Credit Manager Salary

(4 salaries)

₹6.36 L/yr - ₹8 L/yr

Regional Credit Manager Salary

(7 salaries)

₹15.4 L/yr - ₹19.2 L/yr

Senior Credit Officer Salary

(4 salaries)

₹3 L/yr - ₹3.05 L/yr

Relationship Manager Salary

(25 salaries)

₹2.5 L/yr - ₹9.06 L/yr

Credit Officer Salary

(16 salaries)

₹2.76 L/yr - ₹5.4 L/yr

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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Avanse Financial Services State Credit Manager Salary FAQs

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

The average salary of a State Credit Manager at Avanse Financial Services in India typically ranges from ₹13.8 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 7 years to 17 years).

The top 10% of State Credit Manager at Avanse Financial Services earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹20.5 Lakhs per year. State 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 4 Avanse Financial Services employees in India.

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

The estimated take-home salary of a State Credit Manager at Avanse Financial Services in India typically ranges from ₹1,08,944 to ₹1,11,954 per month. This is based on the average salary range of ₹13.8 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 7 years to 17 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 4 salaries received from various employees of Avanse Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

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

IDFC FIRST Bank	₹12.2 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit	₹9.0 Lakhs to ₹24.5 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 State Credit Manager in companies similar to Avanse Financial Services in India?

The salary of a State 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:

Aavas Financiers	₹10.4 Lakhs to ₹21.3 Lakhs per year
Kotak Mahindra Bank	₹9.0 Lakhs to ₹18.8 Lakhs per year
IndusInd Bank	₹5.0 Lakhs to ₹16.6 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 State Credit Manager at Avanse Financial Services in India?

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

Experience	Average Salary Range
7 years	₹14.1 Lakhs to ₹18.0 Lakhs per year
8 years	₹14.2 Lakhs to ₹18.1 Lakhs per year
9 years	₹14.2 Lakhs to ₹18.1 Lakhs per year
10 years	₹14.2 Lakhs to ₹18.2 Lakhs per year

and so on.

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Avanse Financial Services State Credit Manager Salaries

Avanse Financial Services State Credit Manager salary in India ranges between ₹13.8 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Avanse Financial Services latest salaries received from various employees of Avanse Financial Services.