ECL Finance Credit Manager Salaries by 10+ Employees (Updated 2024)

0 - 7 years exp.

₹5 Lakhs - ₹8 Lakhs

Salary of majority employees

20% less than the average Credit Manager Salary in NBFC Companies for 0 - 7 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 6 years exp. (7 salaries)	₹5 L/yr - ₹6.5 L/yr
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BFSI, Investments & Trading Credit Manager Salary 0 - 7 years exp. (3 salaries)	₹6 L/yr - ₹8 L/yr

Last Updated: 23 May 2024

Companies similar to ECL 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 - ₹8.5 L/yr 6% less
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.6k salaries)	₹3.5 L/yr - ₹14 L/yr 36% more	4 job openings
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L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹4.5 L/yr - ₹14 L/yr 34% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (84 salaries)	₹2.3 L/yr - ₹13 L/yr 17% more
Shriram Finance Credit Manager Salary 2 - 12 years exp. (145 salaries)	₹1.8 L/yr - ₹10.5 L/yr 2% less	3 job openings
Tata Capital Credit Manager Salary 0 - 11 years exp. (451 salaries)	₹4 L/yr - ₹13 L/yr 31% more	10 job openings
Aditya Birla Finance Credit Manager Salary 1 - 10 years exp. (315 salaries)	₹3.8 L/yr - ₹13.2 L/yr 18% more
Reliance Capital Credit Manager Salary 0 - 13 years exp. (7 salaries)	₹6 L/yr - ₹8.4 L/yr 19% more
Edelweiss Credit Manager Salary 0 - 8 years exp. (153 salaries)	₹2.7 L/yr - ₹12 L/yr 8% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (91 salaries)	₹3 L/yr - ₹8.4 L/yr 19% less
HDB Financial Services Credit Manager Salary 0 - 12 years exp. (536 salaries)	₹2 L/yr - ₹7.5 L/yr 26% less
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SMFG India Credit Credit Manager Salary 0 - 13 years exp. (345 salaries)	₹2.4 L/yr - ₹11.4 L/yr 8% more
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (287 salaries)	₹3 L/yr - ₹10.3 L/yr 9% more
Aavas Financiers Credit Manager Salary 1 - 9 years exp. (271 salaries)	₹3 L/yr - ₹8.5 L/yr 7% less	3 job openings
IIFL Finance Credit Manager Salary 0 - 7 years exp. (167 salaries)	₹2.5 L/yr - ₹9.5 L/yr 17% less
Poonawalla Fincorp Credit Manager Salary 0 - 10 years exp. (142 salaries)	₹3.6 L/yr - ₹10.6 L/yr 5% more	2 job openings
Mahindra Rural Housing Finance Credit Manager Salary 2 - 10 years exp. (78 salaries)	₹2 L/yr - ₹8.7 L/yr 23% less
IDFC FIRST Bharat Credit Manager Salary 3 - 10 years exp. (63 salaries)	₹3.5 L/yr - ₹7 L/yr 20% less
Muthoot Finance Credit Manager Salary 0 - 9 years exp. (61 salaries)	₹3 L/yr - ₹6.3 L/yr 22% less	2 job openings
TVS Credit Credit Manager Salary 4 - 11 years exp. (47 salaries)	₹2.7 L/yr - ₹9.5 L/yr At par	1 job opening

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Credit Manager salary at ECL Finance ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 13 latest salaries received from various employees of ECL Finance.

Experience wise ECL Finance Credit Manager salaries

Last Updated: 23 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹6.5 L/yr
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹10.9 L/yr
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2 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹6.2 L/yr
3 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.5 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
7 years (3 salaries)	₹5 L/yr - ₹8 L/yr

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Similar Designation salaries in ECL Finance

Credit Officer Salary

(11 salaries)

₹2.5 L/yr - ₹3.5 L/yr

Area Credit Manager Salary

(6 salaries)

₹9 L/yr - ₹11 L/yr

Branch Manager Salary

(6 salaries)

₹5.1 L/yr - ₹6.8 L/yr

Chief Manager Salary

(10 salaries)

₹18 L/yr - ₹28 L/yr

Credit Analyst Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Sales Manager Salary

(7 salaries)

₹5 L/yr - ₹10.2 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹7.8 L/yr - ₹10 L/yr

Regional Credit Manager Salary

(4 salaries)

₹14.2 L/yr - ₹17.6 L/yr

Credit Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Sales Officer Salary

(5 salaries)

₹2.5 L/yr - ₹3.3 L/yr

Top skills at ECL Finance for Credit Manager

Credit Underwriting Credit Management Credit Analysis Underwriting Credit Appraisal Credit Business Loan Credit Risk Lap Credit Risk Analysis hl risk

Salary related reviews for ECL Finance

4.6

Rated by 5 employees for salary & benefits

Credit Officer in Bhubaneswar

Credit Risk Department

2.0

• posted on 06 Oct 2020

1.0

for Salary and Benefits

Likes

...covid 19 they through me out of the company..which shows company have no ethics.i ask to suporior for 1/2 salary..they said you people thave to resign...its been a 4month i am jobless. 2 emi already bounced #jobtolive#hustlehaed#nojobnolife

Dislikes

...ed by my boss at interview time.they said credits team getting incentives here..the give me only 22% hike on my previous 12k salary .and in my 10 month of job carrier i never get any incentives. And now they through me out of company in this pandemic..! What man.. learn from other companies, they cut their employees salary but never through them out of company.. its shows the ethics of company.. , if someones have no saving..how can he survive in this pandemic..

Sales Coordinator in New Delhi

Other Department

1.0

• posted on 19 Jul 2020

1.0

for Salary and Benefits

Likes

1-Very bed company 2-Totally politicos this company 3-No job security 4-Employee working hours is horrible 5-Working and order style like Hitler's philosophy 6-HR like deaf and dumb

Dislikes

HR policy very week

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Top trending discussions

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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ECL Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at ECL Finance?

Credit Manager salary at ECL Finance in India ranges between ₹5.0 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 20% less than the average Credit Manager Salary in India. Salary estimates are based on 13 latest salaries received from various employees of ECL Finance India.

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

The average salary of a Credit Manager at ECL Finance is 20% less than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at ECL Finance?

Credit Underwriting, Credit Management, Credit Analysis, Underwriting and Credit Appraisal are some of the popular skills required to work as a Credit Manager at ECL Finance India.

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

Tata Motors Finance Credit Manager Salary - ₹7.1 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year

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

Reliance Capital Credit Manager Salary - ₹6.0 Lakhs to ₹8.4 Lakhs per year
Aditya Birla Finance Credit Manager Salary - ₹3.8 Lakhs to ₹13.2 Lakhs per year
Mahindra Finance Credit Manager Salary - ₹2.3 Lakhs to ₹13.0 Lakhs per year
Piramal Capital Housing Finance Credit Manager Salary - ₹3.0 Lakhs to ₹10.3 Lakhs per year
SMFG India Credit Credit Manager Salary - ₹2.4 Lakhs to ₹11.4 Lakhs per year

What is the estimated take home salary of a Credit Manager at ECL Finance in India?

The estimated take-home salary of a Credit Manager at ECL Finance ranges between ₹47,234 per month to ₹48,352 per month in India. The take-home salary calculation is based on the average ECL Finance Credit Manager salary in India which ranges between ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the ECL Finance Credit Managers reported a notice period of 3 Months, 12% reported a notice period of 1 Month.This is based on 8 responses on AmbitionBox in last 2 years.

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ECL Finance Credit Manager Salaries

ECL Finance Credit Manager salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 ECL Finance latest salaries received from various employees of ECL Finance.