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Berar Finance Credit Manager salaries in Nagpur (Updated 2025)

Annual salary range
3 - 5 years exp.
₹2 Lakhs - ₹4.3 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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42% less than the average Credit Manager Salary in NBFC Companies for 3 - 5 years of experience

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Last Updated: 13 Feb 2025

Companies similar to Berar Finance for Credit Manager in Nagpur

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Berar Finance Credit Manager Salary

3 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹4.3 L/yr

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

1 - 9 years exp. (4 salaries)

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₹5 L/yr - ₹7.6 L/yr

arrow icon 68% more
7 job openings
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₹5.5 L/yr - ₹11 L/yr

arrow icon 136% more
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₹2.4 L/yr - ₹9.4 L/yr

arrow icon 50% more
1 job opening
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₹2.3 L/yr - ₹5.4 L/yr

arrow icon 32% more
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₹3.3 L/yr - ₹4.6 L/yr

arrow icon 4% more
Credit Manager salary at Berar Finance ranges between ₹2 Lakhs to ₹4.3 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Berar Finance.

Latest annual salaries shared by Berar Finance Credit Manager in Nagpur

1mo ago
₹3.6 Lakhs
4 years exp.
7mo ago
₹3.6 Lakhs
4 years exp.
7mo ago
₹4.3 Lakhs
4 years exp.
1y ago
₹2.9 Lakhs
3 years exp.

Experience wise Berar Finance Credit Manager salaries in Nagpur

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
4 years  (3 salaries)

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₹1.4 L/yr - ₹4.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr

Similar Designation salaries in Berar Finance

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₹1.4 L/yr - ₹2.16 L/yr
Credit Officer Salary
(9 salaries)
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₹1.45 L/yr - ₹3 L/yr

Salary related reviews for Berar Finance

5.0

Rated by 1 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.

read more

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
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Berar Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at Berar Finance in Nagpur?
The average salary of a Credit Manager at Berar Finance in Nagpur typically ranges from ₹2.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Credit Manager in Nagpur at Berar Finance earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹4.3 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 5 Berar Finance employees in India.
What is the estimated take home salary of a Credit Manager at Berar Finance in Nagpur?
The estimated take-home salary of a Credit Manager at Berar Finance in Nagpur typically ranges from ₹26,214 to ₹27,634 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.3 Lakhs per year for employees with experience ranging from 3 years to 5 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 5 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?
Tata Capital Housing Finance ₹5.5 Lakhs to ₹11.0 Lakhs per year
Aavas Financiers ₹5.0 Lakhs to ₹7.6 Lakhs per year
Utkarsh Small Finance Bank ₹2.4 Lakhs to ₹9.4 Lakhs per year
Shubham Housing Development Finance ₹2.3 Lakhs to ₹5.4 Lakhs per year
Swarna Pragati Housing Microfinance ₹3.3 Lakhs to ₹4.6 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.
How the salary growth look like for a Credit Manager at Berar Finance in Nagpur?
The salary growth for a Credit Manager at Berar Finance in Nagpur depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Nagpur can expect the following growth trajectory at Berar Finance:

Experience Average Salary Range
3 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
4 years ₹1.4 Lakhs to ₹4.3 Lakhs per year
5 years ₹3.2 Lakhs to ₹4.1 Lakhs per year
and so on.

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Berar Finance Credit Manager salary in Nagpur ranges between ₹2 Lakhs to ₹4.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Berar Finance latest salaries received from various employees of Berar Finance.