Belstar Microfinance Chennai Credit Manager Salaries by 4 Employees (Updated 2025)

3 - 4 years exp.

₹2.5 Lakhs - ₹4.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

58% less than the average Credit Manager Salary in NBFC Companies for 3 - 4 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
Sales & Business Development Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹4.6 L/yr
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Risk Management & Compliance Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹4.1 L/yr

Last Updated: 5 Apr 2025

Companies similar to Belstar Microfinance for Credit Manager in Chennai

Belstar Microfinance Credit Manager Salary

3 - 4 years exp. (4 salaries)

₹2.5 L/yr - ₹4.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Finance Credit Manager Salary 2 - 10 years exp. (45 salaries)	₹4 L/yr - ₹8.7 L/yr 102% more
SMFG India Credit Credit Manager Salary 2 - 13 years exp. (18 salaries)	₹3.2 L/yr - ₹10.5 L/yr 88% more
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Tata Capital Credit Manager Salary 0 - 11 years exp. (15 salaries)	₹5 L/yr - ₹11.5 L/yr 118% more	6 job openings
Piramal Capital Housing Finance Credit Manager Salary 2 - 10 years exp. (7 salaries)	₹4.8 L/yr - ₹8.5 L/yr 94% more
Muthoot Fincorp Credit Manager Salary 2 - 12 years exp. (6 salaries)	₹3.6 L/yr - ₹6 L/yr 32% more	1 job opening
TVS Credit Credit Manager Salary 4 - 8 years exp. (6 salaries)	₹3.9 L/yr - ₹8.5 L/yr 53% more
Bajaj Housing Finance Credit Manager Salary 1 - 7 years exp. (6 salaries)	₹2.7 L/yr - ₹4.9 L/yr 35% more
Sundaram Finance Credit Manager Salary 1 - 9 years exp. (6 salaries)	₹4.8 L/yr - ₹10 L/yr 106% more
Mahindra Finance Credit Manager Salary 3 - 13 years exp. (5 salaries)	₹5.4 L/yr - ₹12 L/yr 140% more
L&T Finance Credit Manager Salary 2 - 10 years exp. (4 salaries)	₹4.8 L/yr - ₹9.8 L/yr 132% more
Muthoot Finance Credit Manager Salary 2 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹5.2 L/yr 30% more	1 job opening
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Poonawalla Fincorp Credit Manager Salary 1 - 5 years exp. (4 salaries)	₹5 L/yr - ₹7.2 L/yr 91% more

Credit Manager salary at Belstar Microfinance ranges between ₹2.5 Lakhs to ₹4.6 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Belstar Microfinance .

Experience wise Belstar Microfinance Credit Manager salaries in Chennai

Last Updated: 5 Apr 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr

Similar Designation salaries in Belstar Microfinance

Branch Manager Salary

(9 salaries)

₹3 L/yr - ₹5 L/yr

Top skills at Belstar Microfinance for Credit Manager

Bank Audit Internal Audit Credit Risk Risk Management fraud control Credit Analysis risk

Salary related reviews for Belstar Microfinance

Branch Manager in Pune

BFSI, Investments & Trading Department

5.0

• posted on 20 May 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

No founded dislike

Branch Manager in Chennai

Madhuranthagam Department

5.0

• posted on 08 May 2021

5.0

for Salary and Benefits

Likes

...ronment and culture. Teammates are supportive and the management is transparent. Company policies are good, appraisals are fair and they give salary hike and bonus every year. One of the most successful company.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Branch Accountant in Indore

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Jun 2023

2.0

for Salary and Benefits

Likes

It's very good company but lower salary packages with low level staff's

Skill development - Good

Dislikes

Timeing issues no work load, but every Sunday company working. In mp at Indore And rm,cm,bm, Sh they don't know how to tolk with staff.

Salary - Poor

+3 more

Sales Officer in Panskura

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 03 Nov 2024

1.0

for Salary and Benefits

Likes

I have worked in this company for more than four years but I have not seen anything that I like.

Dislikes

There is no fixed time for office hours. You have to work every day of the whole month, no holiday, no Sunday off. Office culture is absolutely bad.

Salary - Bad

+6 more

Account Intern in Chennai

Intern

Finance & Accounting Department

4.0

• posted on 15 Dec 2024

4.0

for Salary and Benefits

Likes

It was a great learning experience for me. I was able to connect with everyone as everyone were friendly. They assigned me tasks, helped me to complete it. The overall experience was really good!! Thanks to everyone who helped me during this journey!!

Salary - Good

+2 more

Dislikes

Nil

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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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Belstar Microfinance Credit Manager Salary FAQs

What is the salary of Credit Manager at Belstar Microfinance in Chennai?

The average salary of a Credit Manager at Belstar Microfinance in Chennai typically ranges from ₹2.5 Lakhs to ₹4.6 Lakhs per year, depending on experience (from 3 years to 4 years).

The top 10% of Credit Manager in Chennai at Belstar Microfinance earn more than ₹4.6 Lakhs per year, and the top 1% earn over ₹4.6 Lakhs per year. Credit Manager Salaries at Belstar Microfinance 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 Belstar Microfinance employees in India.

What is the estimated take home salary of a Credit Manager at Belstar Microfinance in Chennai?

The estimated take-home salary of a Credit Manager at Belstar Microfinance in Chennai typically ranges from ₹25,752 to ₹27,180 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹4.6 Lakhs per year for employees with experience ranging from 3 years to 4 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 Belstar Microfinance . 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 Belstar Microfinance in Chennai?

To be a Credit Manager at Belstar Microfinance in Chennai, the key skills required include:

- Bank Audit
- Internal Audit
- Credit Risk
- Risk Management
- fraud control

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

Which companies offer higher salaries than Belstar Microfinance for Credit Manager in India?

Mahindra Finance	₹5.4 Lakhs to ₹12.0 Lakhs per year
L&T Finance	₹4.8 Lakhs to ₹9.8 Lakhs per year
Tata Capital	₹5.0 Lakhs to ₹11.5 Lakhs per year
Sundaram Finance	₹4.8 Lakhs to ₹10.0 Lakhs per year
Aditya Birla Finance	₹4.0 Lakhs to ₹8.7 Lakhs per year

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

What is the salary of a Credit Manager in companies similar to Belstar Microfinance in Chennai?

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

Piramal Capital Housing Finance	₹4.8 Lakhs to ₹8.5 Lakhs per year
Poonawalla Fincorp	₹5.0 Lakhs to ₹7.2 Lakhs per year
SMFG India Credit	₹3.2 Lakhs to ₹10.5 Lakhs per year
TVS Credit	₹3.9 Lakhs to ₹8.5 Lakhs per year
Bajaj Housing Finance	₹2.7 Lakhs to ₹4.9 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 Belstar Microfinance in Chennai?

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

Experience	Average Salary Range
3 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
4 years	₹3.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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Belstar Microfinance Credit Manager Salaries in Chennai

Belstar Microfinance Credit Manager salary in Chennai ranges between ₹2.5 Lakhs to ₹4.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Belstar Microfinance latest salaries received from various employees of Belstar Microfinance .