Axis Finance Mumbai Credit Manager Salaries by 8 Employees (Updated 2025)

4 - 8 years exp.

₹5.5 Lakhs - ₹15 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% more than the average Credit Manager Salary in NBFC Companies for 4 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 5 - 7 years exp. (3 salaries)	₹7 L/yr - ₹12 L/yr
Finance & Accounting Credit Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹10.5 L/yr
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Administration & Facilities Credit Manager Salary 6 - 8 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹9.3 L/yr
Risk Management & Compliance Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹15 L/yr

Last Updated: 11 Jan 2025

Companies similar to Axis Finance for Credit Manager in Mumbai

Axis Finance Credit Manager Salary

4 - 8 years exp. (8 salaries)

₹5.5 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
InCred Finance Credit Manager Salary 2 - 9 years exp. (24 salaries)	₹4.1 L/yr - ₹10.4 L/yr 23% less
Kotak Mahindra Prime Credit Manager Salary 0 - 7 years exp. (20 salaries)	₹4.5 L/yr - ₹11 L/yr 16% less
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PNB Housing Finance Credit Manager Salary 0 - 10 years exp. (19 salaries)	₹5 L/yr - ₹11.4 L/yr 13% less
Shubham Housing Development Finance Credit Manager Salary 2 - 10 years exp. (16 salaries)	₹2.4 L/yr - ₹6 L/yr 52% less
Tata Capital Housing Finance Credit Manager Salary 4 - 14 years exp. (10 salaries)	₹5 L/yr - ₹11 L/yr 15% less
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (8 salaries)	₹3.5 L/yr - ₹8 L/yr 44% less
Ugro Capital Credit Manager Salary 6 - 11 years exp. (7 salaries)	₹5.2 L/yr - ₹7.6 L/yr 32% less
SBFC Finance Credit Manager Salary 0 - 4 years exp. (6 salaries)	₹3 L/yr - ₹5 L/yr 52% less
LIC Housing Finance Credit Manager Salary 3 - 11 years exp. (4 salaries)	₹12.2 L/yr - ₹18 L/yr 65% more
Bajaj Housing Finance Credit Manager Salary 1 - 4 years exp. (4 salaries)	₹3.1 L/yr - ₹10 L/yr 47% less
Hinduja Leyland Finance Credit Manager Salary 4 - 18 years exp. (4 salaries)	₹7.3 L/yr - ₹13.3 L/yr 9% less
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Credit Manager salary at Axis Finance ranges between ₹5.5 Lakhs to ₹15 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 8 latest salaries received from various employees of Axis Finance.

Experience wise Axis Finance Credit Manager salaries in Mumbai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹8.4 L/yr - ₹10.8 L/yr
5 years (3 salaries)	₹7 L/yr - ₹12 L/yr
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6 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
7 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr

Similar Designation salaries in Axis Finance

Deputy Manager Salary

(57 salaries)

₹4.8 L/yr - ₹14.35 L/yr

Sales Manager Salary

(12 salaries)

₹4 L/yr - ₹9.5 L/yr

Credit Analyst Salary

(5 salaries)

₹9.7 L/yr - ₹17 L/yr

Zonal Credit Manager Salary

(4 salaries)

₹42 L/yr - ₹45 L/yr

Top skills at Axis Finance for Credit Manager

Corporate Credit Home Loans Software Configuration Management Analytical Chemistry NBFC Medical Underwriting Financial Analysis Genetics Private Banking CFA Financial Statements Customer Satisfaction Credit Appraisal Project Financing Financial Modelling

Salary related reviews for Axis Finance

4.3

Rated by 3 employees for salary & benefits

Credit Manager in India

Full Time

Finance & Accounting Department

3.0

• posted on 07 Sep 2022

2.0

for Salary and Benefits

Likes

Job security at peak, salary on time, work life balance

Job security - Good

+1 more

Dislikes

Appraisal system, structure of hierarchy, It's indus system where case being process and overall work bifurcation for credit, long process from login to disb

Salary - Poor

+3 more

Deputy Manager in Vijayawada

Full Time

Finance & Accounting Department

4.0

• posted on 02 Sep 2023

4.0

for Salary and Benefits

Likes

Timely pay & first and second Saturday and all Sunday holiday. Good HR policy.

Salary - Good

+3 more

Dislikes

Collection Manger should go to filed for each and every case & sales team also get huge presuure. Personal loan team no support. HL & LAP team support is appriciated

Sales Manager in No Office

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 02 Nov 2022

5.0

for Salary and Benefits

Likes

Salary on time , Incentives also Good .

Salary - Excellent

+1 more

Dislikes

Huge work pressure for sales team , They are like one man army . From login to till Disbursement we need to do to achive our high targets. They are treating upcountry and metro cities same .

Job security - Poor

+3 more

Senior Manager in Noida

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 17 Nov 2024

3.0

for Salary and Benefits

Likes

Work life balance is good

Work-life balance - Good

Dislikes

Salary variations are too vast. Credit policies are poor and out of market competition. No job security. Pressure only on sales but credit is very stubborn and there is no pressure on credit for number and volune of business. Appraisal and promotion are rare.

Skill development - Bad

+4 more

Deputy Manager 1 in Kolkata

Unsecured Loans Department

3.0

• posted on 12 Jul 2022

4.0

for Salary and Benefits

Likes

Company care about Staff,real time salary,& others employee benefits.

Salary - Good

+4 more

Dislikes

No one use any abusing language likes other's Nbfc . Your earning is on your hands,can earn incentive unlimited on sales . For uncecure loan you have the maximum responsibility like resi , office fi & sometimes collection. Overall it's a good for work place.

see more salary related reviews

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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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Axis Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Axis Finance in Mumbai?

The average salary of a Credit Manager at Axis Finance in Mumbai typically ranges from ₹5.5 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Credit Manager in Mumbai at Axis Finance earn more than ₹14.1 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Credit Manager Salaries at Axis Finance 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 8 Axis Finance employees in India.

What is the estimated take home salary of a Credit Manager at Axis Finance in Mumbai?

The estimated take-home salary of a Credit Manager at Axis Finance in Mumbai typically ranges from ₹69,572 to ₹71,360 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 4 years 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 8 salaries received from various employees of Axis Finance. 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 Axis Finance in Mumbai?

To be a Credit Manager at Axis Finance in Mumbai, the key skills required include:

- Corporate Credit
- Home Loans
- Software Configuration Management
- Analytical Chemistry
- NBFC

These skills are highly valued at Axis Finance and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Axis Finance for Credit Manager in India?

LIC Housing Finance

₹12.2 Lakhs to ₹18.0 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Axis Finance in Mumbai?

The salary of a Credit Manager at companies similar to Axis Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hinduja Leyland Finance	₹7.3 Lakhs to ₹13.3 Lakhs per year
PNB Housing Finance	₹5.0 Lakhs to ₹11.4 Lakhs per year
Tata Capital Housing Finance	₹5.0 Lakhs to ₹11.0 Lakhs per year
Kotak Mahindra Prime	₹4.5 Lakhs to ₹11.0 Lakhs per year
InCred Finance	₹4.1 Lakhs to ₹10.4 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 Axis Finance in Mumbai?

The salary growth for a Credit Manager at Axis Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Mumbai can expect the following growth trajectory at Axis Finance:

Experience	Average Salary Range
4 years	₹8.4 Lakhs to ₹10.8 Lakhs per year
5 years	₹7.0 Lakhs to ₹12.0 Lakhs per year
6 years	₹8.6 Lakhs to ₹10.9 Lakhs per year
7 years	₹8.6 Lakhs to ₹11.0 Lakhs per year

and so on.

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Axis Finance Credit Manager Salaries in Mumbai

Axis Finance Credit Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Axis Finance latest salaries received from various employees of Axis Finance.