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Berar Finance Credit Manager salaries in India (Updated 2025)

Annual salary range
3 - 9 years exp.
₹2 Lakhs - ₹6 Lakhs
Salary of majority employees
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50% less than the average Credit Manager Salary in NBFC Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Credit Manager Salary
3 - 5 years exp. (3 salaries)
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₹2 L/yr - ₹3.6 L/yr

Finance & Accounting
Credit Manager Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹4.6 L/yr - ₹6 L/yr

Last Updated: 13 Feb 2025

Companies similar to Berar Finance for Credit Manager

Company name Avg Annual Salary Open Jobs
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Aavas Financiers Credit Manager Salary

1 - 10 years exp. (273 salaries)

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₹2.5 L/yr - ₹8.5 L/yr

arrow icon 55% more
5 job openings
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₹4 L/yr - ₹13.9 L/yr

arrow icon 119% more
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Poonawalla Fincorp Credit Manager Salary

0 - 9 years exp. (152 salaries)

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₹4.2 L/yr - ₹11.6 L/yr

arrow icon 91% more
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Ugro Capital Credit Manager Salary

4 - 11 years exp. (154 salaries)

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₹3.2 L/yr - ₹10.7 L/yr

arrow icon 66% more
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Kotak Mahindra Prime Credit Manager Salary

1 - 9 years exp. (122 salaries)

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₹3.9 L/yr - ₹12 L/yr

arrow icon 108% more
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PNB Housing Finance Credit Manager Salary

0 - 13 years exp. (95 salaries)

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₹4.9 L/yr - ₹12.1 L/yr

arrow icon 128% more
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₹2 L/yr - ₹8.5 L/yr

arrow icon 21% more
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Sammaan Capital Limited Credit Manager Salary

1 - 8 years exp. (81 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 33% more
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Electronica Finance Credit Manager Salary

3 - 10 years exp. (49 salaries)

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₹2.5 L/yr - ₹10.1 L/yr

arrow icon 39% more
2 job openings
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MAS Financial Services Credit Manager Salary

2 - 8 years exp. (42 salaries)

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₹2.3 L/yr - ₹9.7 L/yr

arrow icon 63% more
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Can Fin Homes Credit Manager Salary

6 - 10 years exp. (26 salaries)

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₹5.1 L/yr - ₹12 L/yr

arrow icon 152% more
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Capri Global Capital Credit Manager Salary

2 - 10 years exp. (25 salaries)

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₹3.4 L/yr - ₹10.2 L/yr

arrow icon 56% more
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IKF Finance Credit Manager Salary

1 - 14 years exp. (20 salaries)

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₹3 L/yr - ₹6.7 L/yr

arrow icon 38% more
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₹2.5 L/yr - ₹5.8 L/yr

arrow icon 17% less
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₹3.1 L/yr - ₹6.6 L/yr

arrow icon 26% more
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Ess Kay Fincorp Credit Manager Salary

2 - 10 years exp. (19 salaries)

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₹2.4 L/yr - ₹5.9 L/yr

arrow icon 7% more
1 job opening
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Sundaram Finance Credit Manager Salary

1 - 22 years exp. (17 salaries)

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₹4.8 L/yr - ₹15 L/yr

arrow icon 132% more
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Reliance Home Finance Credit Manager Salary

1 - 12 years exp. (15 salaries)

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₹5.3 L/yr - ₹11.5 L/yr

arrow icon 116% more
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LIC Housing Finance Credit Manager Salary

3 - 13 years exp. (9 salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 376% more
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LendingKart Credit Manager Salary

2 - 9 years exp. (7 salaries)

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₹3.2 L/yr - ₹13.5 L/yr

arrow icon 109% more
View all
Credit Manager salary at Berar Finance ranges between ₹2 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 7 latest salaries received from various employees of Berar Finance.

Latest annual salaries shared by Berar Finance Credit Manager

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5 years exp.

Experience wise Berar Finance Credit Manager salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
4 years  (3 salaries)

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₹3.6 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
6 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
View all

Similar Designation salaries in Berar Finance

Credit Officer Salary
(37 salaries)
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₹1.3 L/yr - ₹3 L/yr
Branch Manager Salary
(33 salaries)
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₹2.4 L/yr - ₹5 L/yr
Deputy Manager Salary
(AmbitionBox Estimate)
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₹4.9 L/yr - ₹6.2 L/yr
Credit Analyst Salary
(AmbitionBox Estimate)
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₹1.1 L/yr - ₹1.4 L/yr
Zonal Credit Manager Salary
(AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr
Sales Manager Salary
(5 salaries)
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₹1.8 L/yr - ₹5.85 L/yr
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₹1 L/yr - ₹2.82 L/yr
Assistant Credit Manager Salary
(AmbitionBox Estimate)
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₹3.1 L/yr - ₹3.9 L/yr
Sales Officer Salary
(5 salaries)
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₹1.85 L/yr - ₹2.95 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Berar Finance

3.7

Rated by 2 employees for salary & benefits

Sales & Marketing Department

1.0
  •  posted on 12 Apr 2021

1.0
 for  Salary and Benefits

Likes

Political cuture in management level , Not job security, working culture is poor, company policy not satisfied, not person life,

read more

Dislikes

Salary not secure, job training is not given to new joinees, management poor

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Marketing & Sales Department

3.0
  •  posted on 05 Sep 2023

2.0
 for  Salary and Benefits

Likes

Less pressure as compared to other companies also no VC which are really irritating for everyone

Dislikes

No training, no recognition, no reward, no motivation, no incentive, salary never get on time, increment neither predictable nor fix even month also not fix, no proper HR policies, can transfer anywhere....

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 27 Sep 2024

2.0
 for  Salary and Benefits

Likes

Apart from this Internal Audit , other departments are good and their work culture are also good .The company is good but employee benifits are not much.

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Dislikes

...d not have been given the Diwali bonus even though I was eligible for the bonus. Here 2 PF amounts are deducted from the salary itself whereas this does not happen in other NBFC and Banks ,although the salary in CTC is given there like other NBFC and Banks.

read more
  • Salary - Poor

Finance & Accounting Department

5.0
  •  posted on 24 May 2022

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 good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +5 more

Dislikes

Career growth is slow.

  • Promotions - Bad

Finance Department

3.0
  •  posted on 01 Oct 2020

1.0
 for  Salary and Benefits

Likes

Job security is good

  • Job security - Good

Dislikes

There is a lot of politics among top managemnets, salary is also less and so the career growth, office timing is of 11-12 hrs No safety measures taken during covid No incentive on work nor appreciation

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Berar Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Berar Finance ?
The average salary of a Credit Manager at Berar Finance in India typically ranges from ₹2.0 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Credit Manager at Berar Finance earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Credit Manager Salaries at Berar 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 7 Berar Finance employees in India.
What is the estimated take home salary of a Credit Manager at Berar Finance in India?
The estimated take-home salary of a Credit Manager at Berar Finance in India typically ranges from ₹28,633 to ₹30,017 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 7 salaries received from various employees of Berar Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Berar Finance for Credit Manager in India?
Small Industries Development Bank of India ₹5.0 Lakhs to ₹36.4 Lakhs per year
LIC Housing Finance ₹8.0 Lakhs to ₹30.0 Lakhs per year
Can Fin Homes ₹5.1 Lakhs to ₹12.0 Lakhs per year
Sundaram Finance ₹4.8 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance ₹4.9 Lakhs to ₹12.1 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Berar Finance, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to Berar Finance in India?
The salary of a Credit Manager at companies similar to Berar Finance in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Tata Capital Housing Finance ₹4.0 Lakhs to ₹13.9 Lakhs per year
Reliance Home Finance ₹5.3 Lakhs to ₹11.5 Lakhs per year
LendingKart ₹3.2 Lakhs to ₹13.5 Lakhs per year
Kotak Mahindra Prime ₹3.9 Lakhs to ₹12.0 Lakhs per year
Poonawalla Fincorp ₹4.2 Lakhs to ₹11.6 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 Credit Manager at Berar Finance in India?
The salary growth for a Credit Manager at Berar Finance depends on factors such as experience, performance, and promotions. On average, a Credit Manager can expect the following growth trajectory at Berar Finance:

Experience Average Salary Range
3 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
4 years ₹3.6 Lakhs to ₹4.3 Lakhs per year
5 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
6 years ₹3.5 Lakhs to ₹4.5 Lakhs per year
and so on.

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Berar Finance Credit Manager salary in India ranges between ₹2 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Berar Finance latest salaries received from various employees of Berar Finance.