ECL Finance Mumbai Credit Manager Salaries by 6 Employees (Updated 2025)

0 - 7 years exp.

₹5 Lakhs - ₹8 Lakhs

Salary of majority employees

29% 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 2 - 6 years exp. (3 salaries)	₹5 L/yr - ₹6.1 L/yr
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BFSI, Investments & Trading Credit Manager Salary 0 - 7 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹8 L/yr

Last Updated: 23 May 2024

Companies similar to ECL Finance for Credit Manager in Mumbai

ECL Finance Credit Manager Salary

0 - 7 years exp. (6 salaries)

₹5 L/yr - ₹8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 11 years exp. (452 salaries)	₹4 L/yr - ₹15 L/yr 51% more	7 job openings
L&T Finance Credit Manager Salary 2 - 9 years exp. (19 salaries)	₹6 L/yr - ₹12.7 L/yr 51% more
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Mahindra Finance Credit Manager Salary 5 - 13 years exp. (8 salaries)	₹4.7 L/yr - ₹12.7 L/yr 24% more
Shriram Finance Credit Manager Salary 5 - 8 years exp. (3 salaries)	₹5.8 L/yr - ₹8.7 L/yr 19% more	2 job openings
Tata Capital Credit Manager Salary 0 - 10 years exp. (80 salaries)	₹3 L/yr - ₹12.4 L/yr 32% more	6 job openings
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (56 salaries)	₹4.6 L/yr - ₹12.5 L/yr 25% more
Edelweiss Credit Manager Salary 0 - 8 years exp. (17 salaries)	₹3.5 L/yr - ₹10.7 L/yr 5% more
Sammaan Capital Limited Credit Manager Salary 2 - 8 years exp. (9 salaries)	₹3.5 L/yr - ₹8 L/yr 12% less
Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (98 salaries)	₹3 L/yr - ₹10 L/yr 16% more
SMFG India Credit Credit Manager Salary 1 - 11 years exp. (74 salaries)	₹3.2 L/yr - ₹13.3 L/yr 27% more
IIFL Finance Credit Manager Salary 0 - 10 years exp. (52 salaries)	₹2.8 L/yr - ₹10.1 L/yr 14% more
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HDB Financial Services Credit Manager Salary 1 - 13 years exp. (43 salaries)	₹2.7 L/yr - ₹7 L/yr 20% less
Muthoot Finance Credit Manager Salary 0 - 12 years exp. (12 salaries)	₹3.5 L/yr - ₹6 L/yr 19% less	4 job openings
Aavas Financiers Credit Manager Salary 4 - 9 years exp. (9 salaries)	₹3.8 L/yr - ₹7.6 L/yr 1% less	8 job openings
Poonawalla Fincorp Credit Manager Salary 0 - 6 years exp. (6 salaries)	₹4.8 L/yr - ₹7.5 L/yr 12% more
Tata Motors Finance Credit Manager Salary 0 - 12 years exp. (4 salaries)	₹8 L/yr - ₹12 L/yr 74% more

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 6 latest salaries received from various employees of ECL Finance.

Experience wise ECL Finance Credit Manager salaries in Mumbai

Last Updated: 23 May 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.3 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.6 L/yr
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2 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹6.1 L/yr
3 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.4 L/yr
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.5 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹8 L/yr

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Similar Designation salaries in ECL Finance

Chief Manager Salary

(10 salaries)

₹18 L/yr - ₹28 L/yr

Branch Manager Salary

(4 salaries)

₹6 L/yr - ₹6.2 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

4.9

Rated by 2 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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Top trending discussions

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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ECL Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at ECL Finance Mumbai?

Credit Manager salary at ECL Finance in Mumbai 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 29% less than the average Credit Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of ECL Finance Mumbai.

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

The average salary of a Credit Manager at ECL Finance is 29% less than the average salary of a Credit Manager in Mumbai. 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 Mumbai.

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

Tata Motors Finance Credit Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹6.0 Lakhs to ₹12.7 Lakhs per year
HDFC Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Tata Capital Credit Manager Salary - ₹3.0 Lakhs to ₹12.4 Lakhs per year
SMFG India Credit Credit Manager Salary - ₹3.2 Lakhs to ₹13.3 Lakhs per year

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

Aditya Birla Finance Credit Manager Salary - ₹4.6 Lakhs to ₹12.5 Lakhs per year
Mahindra Finance Credit Manager Salary - ₹4.7 Lakhs to ₹12.7 Lakhs per year
Shriram Finance Credit Manager Salary - ₹5.8 Lakhs to ₹8.7 Lakhs per year
Piramal Capital Housing Finance Credit Manager Salary - ₹3.0 Lakhs to ₹10.0 Lakhs per year
IIFL Finance Credit Manager Salary - ₹2.8 Lakhs to ₹10.1 Lakhs per year

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

The estimated take-home salary of a Credit Manager at ECL Finance ranges between ₹44,317 per month to ₹45,418 per month in Mumbai. 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 in Mumbai?

According to AmbitionBox, 50% of the ECL Finance Credit Managers in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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ECL Finance Credit Manager Salaries in Mumbai

ECL Finance Credit Manager salary in Mumbai ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 ECL Finance latest salaries received from various employees of ECL Finance.