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ECL Finance Credit Manager salaries in Mumbai

Annual salary range
0 - 7 years exp.
₹5 Lakhs - ₹8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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28% 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)
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₹5 L/yr - ₹6.1 L/yr

BFSI, Investments & Trading
Credit Manager Salary
0 - 7 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹8 L/yr

Last Updated: 23 May 2024

Companies similar to ECL Finance for Credit Manager in Mumbai

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ECL Finance Credit Manager Salary

0 - 7 years exp. (6 salaries)

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₹5 L/yr - ₹8 L/yr

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Company name Avg Annual Salary Open Jobs
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₹3 L/yr - ₹10 L/yr

arrow icon 15% more
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Tata Capital Credit Manager Salary

0 - 10 years exp. (76 salaries)

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₹4 L/yr - ₹14 L/yr

arrow icon 36% more
6 job openings
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SMFG India Credit Credit Manager Salary

1 - 11 years exp. (70 salaries)

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₹3.2 L/yr - ₹13.3 L/yr

arrow icon 30% more
1 job opening
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Aditya Birla Finance Credit Manager Salary

0 - 10 years exp. (58 salaries)

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₹4.6 L/yr - ₹12.6 L/yr

arrow icon 24% more
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IIFL Finance Credit Manager Salary

0 - 10 years exp. (48 salaries)

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₹2.8 L/yr - ₹10.2 L/yr

arrow icon 14% more
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HDB Financial Services Credit Manager Salary

1 - 13 years exp. (44 salaries)

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₹2.7 L/yr - ₹7 L/yr

arrow icon 19% less
1 job opening
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L&T Finance Credit Manager Salary

2 - 9 years exp. (21 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 70% more
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Bajaj Finance Credit Manager Salary

3 - 9 years exp. (15 salaries)

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₹4.4 L/yr - ₹8.7 L/yr

arrow icon 12% more
4 job openings
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Mahindra Finance Credit Manager Salary

3 - 13 years exp. (12 salaries)

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₹4.7 L/yr - ₹12.7 L/yr

arrow icon 56% more
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Muthoot Finance Credit Manager Salary

0 - 12 years exp. (12 salaries)

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₹3.5 L/yr - ₹6 L/yr

arrow icon 14% less
1 job opening
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Aavas Financiers Credit Manager Salary

4 - 10 years exp. (11 salaries)

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₹3.8 L/yr - ₹7.6 L/yr

arrow icon 3% more
7 job openings
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₹3.5 L/yr - ₹8 L/yr

arrow icon 8% less
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Poonawalla Fincorp Credit Manager Salary

0 - 6 years exp. (6 salaries)

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₹4.8 L/yr - ₹7.5 L/yr

arrow icon 22% more
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Tata Motors Finance Credit Manager Salary

0 - 12 years exp. (5 salaries)

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₹8 L/yr - ₹12.8 L/yr

arrow icon 53% more
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Volkswagen Finance Credit Manager Salary

5 - 7 years exp. (3 salaries)

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₹10.4 L/yr - ₹15.5 L/yr

arrow icon 116% more
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Shriram Finance Credit Manager Salary

5 - 8 years exp. (3 salaries)

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₹5.8 L/yr - ₹8.7 L/yr

arrow icon 19% more
2 job openings
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.

Latest annual salaries shared by ECL Finance Credit Manager in Mumbai

10mo ago
₹5 Lakhs
6 years exp.

Experience wise ECL Finance Credit Manager salaries in Mumbai

Last Updated: 23 May 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
1 year (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.6 L/yr
2 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
3 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
4 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹6.6 L/yr
View all

Similar Designation salaries in ECL Finance

Chief Manager Salary
(10 salaries)
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₹18 L/yr - ₹28 L/yr
Branch Manager Salary
(4 salaries)
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₹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 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

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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..

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  • Salary - Bad
  • +5 more

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

read more
  • Skill development - Good

Dislikes

HR policy very week

  • Salary - Bad
  • +5 more
see more salary related reviews

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ECL Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at ECL Finance in Mumbai?
The average salary of a Credit Manager at ECL Finance in Mumbai typically ranges from ₹5.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Credit Manager in Mumbai at ECL Finance earn more than ₹7.8 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Credit Manager Salaries at ECL 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 6 ECL Finance employees in India.
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 in Mumbai typically ranges from ₹44,317 to ₹45,418 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from Fresher to 7 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 6 salaries received from various employees of ECL Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Credit Manager at ECL Finance in Mumbai?
To be a Credit Manager at ECL Finance in Mumbai, the key skills required include:

  • - Credit Underwriting
  • - Credit Management
  • - Credit Analysis
  • - Underwriting
  • - Credit Appraisal

These skills are highly valued at ECL Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than ECL Finance for Credit Manager in India?
Volkswagen Finance ₹10.4 Lakhs to ₹15.5 Lakhs per year
L&T Finance ₹6.0 Lakhs to ₹14.0 Lakhs per year
Mahindra Finance ₹4.7 Lakhs to ₹12.7 Lakhs per year
Tata Motors Finance ₹8.0 Lakhs to ₹12.8 Lakhs per year
Tata Capital ₹4.0 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by ECL Finance, depending on the role and experience level.
What is the salary of a Credit Manager in companies similar to ECL Finance in Mumbai?
The salary of a Credit Manager at companies similar to ECL Finance in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SMFG India Credit ₹3.2 Lakhs to ₹13.3 Lakhs per year
Aditya Birla Finance ₹4.6 Lakhs to ₹12.6 Lakhs per year
Poonawalla Fincorp ₹4.8 Lakhs to ₹7.5 Lakhs per year
Shriram Finance ₹5.8 Lakhs to ₹8.7 Lakhs per year
Piramal Capital Housing Finance ₹3.0 Lakhs to ₹10.0 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 Credit Manager at ECL Finance in Mumbai?
The salary growth for a Credit Manager at ECL Finance in Mumbai depends on factors such as experience, performance, and promotions. On average, a Credit Manager in Mumbai can expect the following growth trajectory at ECL Finance:

Experience Average Salary Range
Fresher ₹5.1 Lakhs to ₹6.5 Lakhs per year
1 year ₹5.1 Lakhs to ₹6.6 Lakhs per year
2 years ₹5.2 Lakhs to ₹6.6 Lakhs per year
3 years ₹5.2 Lakhs to ₹6.6 Lakhs per year
and so on.

Tell us how to improve this page.

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