Berar Finance Credit Manager Salaries by 7 Employees (Updated 2025)

3 - 9 years exp.

₹2 Lakhs - ₹6 Lakhs

Salary of majority employees

50% less than the average Credit Manager Salary in NBFC Companies for 3 - 9 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr
Login to view exact salary
Finance & Accounting Credit Manager Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹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
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (194 salaries)	₹2.4 L/yr - ₹8.5 L/yr 49% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 118% more	7 job openings
Login to view exact salary
ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.1k salaries)	₹4.3 L/yr - ₹15 L/yr 158% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 133% more
Axis Bank Credit Manager Salary 0 - 13 years exp. (826 salaries)	₹4 L/yr - ₹14.8 L/yr 129% more
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 392% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (80 salaries)	₹3 L/yr - ₹9 L/yr 33% more
LIC Housing Finance Credit Manager Salary 3 - 13 years exp. (9 salaries)	₹8 L/yr - ₹30 L/yr 376% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (89 salaries)	₹2.3 L/yr - ₹12.9 L/yr 87% more
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (268 salaries)	₹2.6 L/yr - ₹8.5 L/yr 50% more	8 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (192 salaries)	₹4.2 L/yr - ₹13.5 L/yr 110% more
Login to view exact salary
Ugro Capital Credit Manager Salary 3 - 10 years exp. (150 salaries)	₹3 L/yr - ₹11.2 L/yr 62% more
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (143 salaries)	₹4.2 L/yr - ₹11.3 L/yr 76% more
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (126 salaries)	₹3.9 L/yr - ₹12 L/yr 103% more
PNB Housing Finance Credit Manager Salary 0 - 13 years exp. (91 salaries)	₹4 L/yr - ₹12.1 L/yr 122% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (82 salaries)	₹2 L/yr - ₹8.6 L/yr 19% more
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 37% more
MAS Financial Services Credit Manager Salary 2 - 8 years exp. (38 salaries)	₹2.3 L/yr - ₹9.9 L/yr 62% more
Can Fin Homes Credit Manager Salary 4 - 10 years exp. (34 salaries)	₹5.1 L/yr - ₹12 L/yr 147% more
IKF Finance Credit Manager Salary 1 - 14 years exp. (20 salaries)	₹3 L/yr - ₹6.7 L/yr 38% 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.

Experience wise Berar Finance Credit Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.9 L/yr
4 years (3 salaries)	₹3.6 L/yr - ₹4.3 L/yr
Login to view exact salary
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹7 L/yr
6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr

View all

Similar Designation salaries in Berar Finance

Credit Officer Salary

(37 salaries)

₹1.3 L/yr - ₹3 L/yr

Branch Manager Salary

(33 salaries)

₹2.4 L/yr - ₹5 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹4.9 L/yr - ₹6.2 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Sales Manager Salary

(5 salaries)

₹1.8 L/yr - ₹5.85 L/yr

Credit Executive Salary

(67 salaries)

₹1 L/yr - ₹3 L/yr

Assistant Credit Manager Salary

(AmbitionBox Estimate)

₹3.1 L/yr - ₹3.9 L/yr

Sales Officer Salary

(5 salaries)

₹1.85 L/yr - ₹2.95 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Berar Finance

3.7

Rated by 2 employees for salary & benefits

Branch Manager in Kolhapur

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,

Dislikes

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

Salary - Bad

+6 more

Branch Head in Pune

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....

Salary - Poor

+4 more

Internal Audit Officer in Nagpur

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.

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.

Salary - Poor

Sales Executive in Durg

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.

Salary - Excellent

+5 more

Dislikes

Career growth is slow.

Promotions - Bad

Collections Executive in Nagpur

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

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about Berar Finance?

Ask anonymously on communities.

Berar Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Berar Finance?

Credit Manager salary at Berar Finance in India ranges between ₹2.0 Lakhs to ₹6.0 Lakhs for experience between 3 years to 9 years. According to our estimates it is 50% less than the average Credit Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Berar Finance India.

How does the salary of a Credit Manager at Berar Finance India compare with the average salary range for this job?

The average salary of a Credit Manager at Berar Finance is 50% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Berar Finance to a Credit Manager in India?

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.3 Lakhs to ₹15.0 Lakhs per year
Can Fin Homes Credit Manager Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year

What is the salary of a Credit Manager in companies similar to Berar Finance in India?

Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.0 Lakhs to ₹12.1 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.3 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹4.2 Lakhs to ₹13.5 Lakhs per year

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 ranges between ₹28,633 per month to ₹30,017 per month in India. The take-home salary calculation is based on the average Berar Finance Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹6.0 Lakhs per year for employees with experience between 3 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at Berar Finance?

According to AmbitionBox, 50% of the Berar Finance Credit Managers reported a notice period of 2 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Berar Finance Salaries >
Berar Finance Credit Manager Salaries

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