ECL Finance Credit Manager Salaries by 10+ Employees (Updated 2025)

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. (191 salaries)	₹2.4 L/yr - ₹9 L/yr 6% less
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 37% more	1 job opening
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L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹3.6 L/yr - ₹14 L/yr 35% more
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (89 salaries)	₹2.9 L/yr - ₹13 L/yr 24% more
Shriram Finance Credit Manager Salary 0 - 12 years exp. (144 salaries)	₹1.8 L/yr - ₹10.3 L/yr 1% less	2 job openings
Tata Capital Credit Manager Salary 0 - 11 years exp. (438 salaries)	₹4.5 L/yr - ₹13 L/yr 34% more	8 job openings
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (301 salaries)	₹3 L/yr - ₹11.2 L/yr 17% 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. (149 salaries)	₹2.7 L/yr - ₹11.5 L/yr 6% more
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (76 salaries)	₹3.3 L/yr - ₹8.4 L/yr 15% less
HDB Financial Services Credit Manager Salary 0 - 12 years exp. (466 salaries)	₹2 L/yr - ₹7.6 L/yr 25% less
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SMFG India Credit Credit Manager Salary 0 - 11 years exp. (341 salaries)	₹2.1 L/yr - ₹11.2 L/yr 5% more
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (353 salaries)	₹2.5 L/yr - ₹10.3 L/yr 11% more
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (265 salaries)	₹2.6 L/yr - ₹8.5 L/yr 4% less	6 job openings
IIFL Finance Credit Manager Salary 0 - 10 years exp. (175 salaries)	₹2.5 L/yr - ₹10.5 L/yr 5% less
Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (141 salaries)	₹4.2 L/yr - ₹10.1 L/yr 9% more
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (82 salaries)	₹2 L/yr - ₹8.6 L/yr 25% less
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (74 salaries)	₹3 L/yr - ₹7.2 L/yr 19% less
IDFC FIRST Bharat Credit Manager Salary 3 - 10 years exp. (68 salaries)	₹3.5 L/yr - ₹8.3 L/yr 17% less
TVS Credit Credit Manager Salary 3 - 12 years exp. (52 salaries)	₹3 L/yr - ₹8.8 L/yr 7% less

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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

View all

Similar Designation salaries in ECL Finance

Credit Officer Salary

(7 salaries)

₹2.65 L/yr - ₹3.5 L/yr

Area Credit Manager Salary

(7 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

(4 salaries)

₹6.04 L/yr - ₹9 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 Appraisal Credit Underwriting CAM Credit Risk Analysis hl risk

Salary related reviews for ECL Finance

4.5

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..

Salary - Bad

+5 more

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

Skill development - Good

Dislikes

HR policy very week

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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?

Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year
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
L&T Finance Credit Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.5 Lakhs to ₹13.0 Lakhs per year

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

Mahindra Finance Credit Manager Salary - ₹2.9 Lakhs to ₹13.0 Lakhs per year
Reliance Capital Credit Manager Salary - ₹6.0 Lakhs to ₹8.4 Lakhs per year
Aditya Birla Finance Credit Manager Salary - ₹3.0 Lakhs to ₹11.2 Lakhs per year
Piramal Capital Housing Finance Credit Manager Salary - ₹2.5 Lakhs to ₹10.3 Lakhs per year
Poonawalla Fincorp Credit Manager Salary - ₹4.2 Lakhs to ₹10.1 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 ₹47,039 per month to ₹48,153 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, 83% of the ECL Finance Credit Managers reported a notice period of 3 Months, 17% reported a notice period of 1 Month.This is based on 6 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.