Berar Finance Credit Manager Salaries by 3 Employees (Updated 2025)

3 - 5 years exp.

₹2 Lakhs - ₹3.6 Lakhs

Low Confidence

Salary of majority employees

58% less than the average Credit Manager Salary in NBFC Companies for 3 - 5 years of experience

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Last Updated: 28 Aug 2024

Companies similar to Berar Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Credit Manager Salary 1 - 9 years exp. (193 salaries)	₹2.4 L/yr - ₹9 L/yr 82% more
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 159% more	3 job openings
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.1k salaries)	₹4 L/yr - ₹15 L/yr 204% more	1 job opening
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 173% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (824 salaries)	₹4 L/yr - ₹14.5 L/yr 166% more
State Bank of India Credit Manager Salary 5 - 14 years exp. (43 salaries)	₹10 L/yr - ₹32 L/yr 535% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (76 salaries)	₹3.3 L/yr - ₹8.4 L/yr 61% more
LIC Housing Finance Credit Manager Salary 3 - 13 years exp. (9 salaries)	₹8 L/yr - ₹30 L/yr 464% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (85 salaries)	₹2.8 L/yr - ₹13 L/yr 126% more
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (265 salaries)	₹3 L/yr - ₹8.5 L/yr 82% more	3 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (191 salaries)	₹3.3 L/yr - ₹13.5 L/yr 149% more
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Ugro Capital Credit Manager Salary 3 - 10 years exp. (142 salaries)	₹3 L/yr - ₹11.2 L/yr 94% more	3 job openings
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (142 salaries)	₹4.3 L/yr - ₹10.1 L/yr 102% more
Kotak Mahindra Prime Credit Manager Salary 0 - 7 years exp. (133 salaries)	₹3.9 L/yr - ₹12 L/yr 145% more
PNB Housing Finance Credit Manager Salary 0 - 11 years exp. (89 salaries)	₹4.9 L/yr - ₹12 L/yr 157% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (82 salaries)	₹2 L/yr - ₹8.6 L/yr 41% more
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 64% more
MAS Financial Services Credit Manager Salary 2 - 8 years exp. (35 salaries)	₹2.3 L/yr - ₹9.7 L/yr 93% more
Can Fin Homes Credit Manager Salary 4 - 10 years exp. (34 salaries)	₹5.1 L/yr - ₹12 L/yr 192% more
Capri Global Capital Credit Manager Salary 2 - 8 years exp. (24 salaries)	₹3.4 L/yr - ₹9.6 L/yr 78% more

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Credit Manager salary at Berar Finance ranges between ₹2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 3 latest salaries received from various employees of Berar Finance.

Experience wise Berar Finance Credit Manager salaries

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹5.9 L/yr
4 years (AmbitionBox Estimate)	₹1.3 L/yr - ₹3.6 L/yr
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5 years (AmbitionBox Estimate)	₹2 L/yr - ₹5.9 L/yr

Similar Designation salaries in Berar Finance

Credit Officer Salary

(36 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

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₹1.8 L/yr - ₹5.85 L/yr

Credit Executive Salary

(66 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

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....

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.

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.

Dislikes

Career growth is slow.

Collections Executive in Nagpur

Finance Department

3.0

• posted on 01 Oct 2020

1.0

for Salary and Benefits

Likes

Job security is 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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Berar Finance Credit Manager Salary FAQs

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

According to AmbitionBox, 44% of the Berar Finance Credit Managers reported a notice period of 2 Months, 23% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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Berar Finance Credit Manager Salaries

Berar Finance Credit Manager salary in India ranges between ₹2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Berar Finance latest salaries received from various employees of Berar Finance.