CARS24 Senior Manager Credit Salaries by 4 Employees (Updated 2025)

6 - 15 years exp.

₹14.8 Lakhs - ₹40 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

63% more than the average Senior Manager Credit Salary in Internet Companies for 6 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 9 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹17.1 L/yr
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Finance & Accounting Senior Manager Credit Salary 6 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹16.3 L/yr

Last Updated: 18 Mar 2025

Companies similar to CARS24 for Senior Manager Credit

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Manager Credit Salary 2 - 12 years exp. (389 salaries)	₹7 L/yr - ₹16 L/yr 44% less
HDFC Bank Senior Manager Credit Salary 4 - 12 years exp. (328 salaries)	₹7 L/yr - ₹22.5 L/yr 36% less	1 job opening
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Yes Bank Senior Manager Credit Salary 4 - 13 years exp. (186 salaries)	₹7.8 L/yr - ₹17 L/yr 43% less
ICICI Bank Senior Manager Credit Salary 2 - 8 years exp. (165 salaries)	₹7 L/yr - ₹22.8 L/yr 34% less
Axis Bank Senior Manager Credit Salary 5 - 14 years exp. (121 salaries)	₹7 L/yr - ₹22.9 L/yr 33% less

Senior Manager Credit salary at CARS24 ranges between ₹14.8 Lakhs to ₹40 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of CARS24 .

Experience wise CARS24 Senior Manager Credit salaries

Last Updated: 18 Mar 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
7 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 L/yr
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9 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr
15+ years (AmbitionBox Estimate)	₹36 L/yr - ₹46 L/yr

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Senior Associate Salary

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Senior Credit Officer Salary

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₹3.9 L/yr - ₹4.9 L/yr

Credit Underwriter Salary

(6 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Credit Analyst Salary

(5 salaries)

₹3 L/yr - ₹8 L/yr

Area Credit Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Relationship Manager Salary

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₹2.35 L/yr - ₹7.25 L/yr

Top skills at CARS24 for Senior Manager Credit

Credit Management Credit Underwriting Sanction

Salary related reviews for CARS24

4.0

Rated by 1 employees for salary & benefits

Deputy Manager in New Delhi

Full Time

Human Resources Department

2.0

• posted on 17 Sep 2024

2.0

for Salary and Benefits

Likes

Nothing there to be liked as it is all unorganised

Dislikes

...sn't give week off to associate s and then complaint when they leave the system. You are asked to work on festivals n holidays and take double pay. Also being in HR you are asked to come to office on weekends too roster wise mentioning one HR person should be there on the floor.

Salary - Poor

+6 more

Senior Associate in Gurgaon / Gurugram

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 13 Nov 2023

2.0

for Salary and Benefits

Likes

Acha to kuch bhi nahi hai yaha

Dislikes

...li hai aur ab unhi ke sath team chalaa rahe hai. Customer experience ghatia hai. Kam salary mai graduates rakhe hai jinhe kuch nahi ata. Kuch managers hai jinka naam lena nahi chata yaha but vo bohot hi ghatia hai. Ache professional managers hire Karo or gadho ki fauz ko hatao yaha se.

Salary - Poor

+5 more

Deputy Manager in Kolkata

Full Time

Finance & Accounting Department

5.0

• posted on 14 Jan 2024

5.0

for Salary and Benefits

Likes

... management team is transparent and honest, and the team members are supportive. The salary is also competitive and fair.

Salary - Excellent

+6 more

Dislikes

Everything is great.

Senior Associate in Gurgaon / Gurugram

Digital Marketing Department

1.0

• posted on 11 Aug 2022

1.0

for Salary and Benefits

Likes

...f good reviews.It’s handled by the ORM team … oops the same was all fired!! Yes, but there is a positive for sure here, ur salary comes on time and also ur FnF when u ultimately get fed up with the company.

Dislikes

...the difference is around 5-8%. Most of the employees end up with 1-2% appraisal. So basically if u consider inflation ur salary will also get depreciated every year.

Salary - Bad

+6 more

Senior Associate in Delhi

Retail Department

2.0

• posted on 09 Jun 2021

1.0

for Salary and Benefits

Likes

...doing very good work for solving someone problem give a smile on him/her face Good thing is in this hard time company gives medical support & full salary during lockdown also

Dislikes

I am disappointed about frequently process change If customer didn't wants to sell his car after token they deduct the amount from our salary The incentive program was good when i started 2.5 years ago. But today is worst i or we give our full effort after that we earn 5k to 8k maximum incentive I have spend 2.5 years in this company With 0 rupees of appraisal. The company was good higher management is also doing great job but TM ZM Have different attitude and when someone promote to store manager to Zm or Tm they think they are god now they didn't pickup calls after becoming zm or tm.

Salary - Bad

+5 more

see more salary related reviews

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What people are saying about CARS24

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theincognitoexec

works at

CARS24

Seeking Advice on Career Growth and Fair Remuneration

Hello everyone, I’ve been with my company for five years and have been promoted from Field Coordinator to Assistant Manager. While I value the growth, my remuneration doesn’t align with market standards for my role. Key Points: Current Role: Assistant Manager Promotions: Yes, from Field Coordinator Location: Conveniently near home, allowing for flexible and remote work I’m seeking advice on how to address this issue. Specifically: 1-What negotiation strategies can I use to discuss compensation? 2-What resources can help me research fair remuneration for my position? 3-Should I consider exploring opportunities outside the company, or is it feasible to negotiate a better package here? I appreciate any insights or experiences you can share. Thank you!

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CARS24 Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at CARS24 ?

The average salary of a Senior Manager Credit at CARS24 in India typically ranges from ₹14.8 Lakhs to ₹40.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Senior Manager Credit at CARS24 earn more than ₹40.0 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. Senior Manager Credit Salaries at CARS24 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 CARS24 employees in India.

What is the estimated take home salary of a Senior Manager Credit at CARS24 in India?

The estimated take-home salary of a Senior Manager Credit at CARS24 in India typically ranges from ₹1,44,149 to ₹1,49,530 per month. This is based on the average salary range of ₹14.8 Lakhs to ₹40.0 Lakhs per year for employees with experience ranging from 6 years to 15 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 CARS24 . Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager Credit at CARS24 ?

To be a Senior Manager Credit at CARS24 in india, the key skills required include:

- Credit Management
- Credit Underwriting
- Sanction

These skills are highly valued at CARS24 and are crucial for successful performance in a Software Engineering role.

What is the salary of a Senior Manager Credit in companies similar to CARS24 in India?

The salary of a Senior Manager Credit at companies similar to CARS24 in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Axis Bank	₹7.0 Lakhs to ₹22.9 Lakhs per year
ICICI Bank	₹7.0 Lakhs to ₹22.8 Lakhs per year
HDFC Bank	₹7.0 Lakhs to ₹22.5 Lakhs per year
Yes Bank	₹7.8 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank	₹7.0 Lakhs to ₹16.0 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 Senior Manager Credit at CARS24 in India?

The salary growth for a Senior Manager Credit at CARS24 depends on factors such as experience, performance, and promotions. On average, a Senior Manager Credit can expect the following growth trajectory at CARS24 :

Experience	Average Salary Range
6 years	₹13.3 Lakhs to ₹17.0 Lakhs per year
7 years	₹17.1 Lakhs to ₹21.9 Lakhs per year
9 years	₹14.0 Lakhs to ₹17.8 Lakhs per year
15 years	₹36.0 Lakhs to ₹46.0 Lakhs per year

and so on.

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CARS24 Senior Manager Credit Salaries

CARS24 Senior Manager Credit salary in India ranges between ₹14.8 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 CARS24 latest salaries received from various employees of CARS24 .