Edelweiss Mumbai Credit Manager Salaries by 10+ Employees (Updated 2025)

0 - 8 years exp.

₹3.5 Lakhs - ₹10.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

20% less than the average Credit Manager Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting Credit Manager Salary 0 - 6 years exp. (7 salaries)	₹3.5 L/yr - ₹10.7 L/yr
BFSI, Investments & Trading Credit Manager Salary 3 - 8 years exp. (3 salaries)	₹6 L/yr - ₹9.7 L/yr
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Risk Management & Compliance Credit Manager Salary 8 years exp. (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.7 L/yr

Last Updated: 23 Feb 2025

Companies similar to Edelweiss for Credit Manager in Mumbai

Edelweiss Credit Manager Salary

0 - 8 years exp. (17 salaries)

₹3.5 L/yr - ₹10.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Credit Manager Salary 3 - 9 years exp. (38 salaries)	₹4.5 L/yr - ₹10.6 L/yr 7% more
Bajaj Finserv Credit Manager Salary 2 - 9 years exp. (20 salaries)	₹3.2 L/yr - ₹8.3 L/yr 6% less
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Sharekhan Credit Manager Salary 2 - 7 years exp. (5 salaries)	₹4 L/yr - ₹8.3 L/yr 18% less
Religare Finvest Credit Manager Salary 1 - 7 years exp. (3 salaries)	₹7 L/yr - ₹14 L/yr 44% more
JPMorgan Chase & Co. Credit Manager Salary 3 - 5 years exp. (3 salaries)	₹22.5 L/yr - ₹40 L/yr 337% more

Credit Manager salary at Edelweiss ranges between ₹3.5 Lakhs to ₹10.7 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 17 latest salaries received from various employees of Edelweiss.

Experience wise Edelweiss Credit Manager salaries in Mumbai

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹6 L/yr - ₹7 L/yr
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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2 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
3 years (5 salaries)	₹5 L/yr - ₹10 L/yr
4 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr

View all

Similar Designation salaries in Edelweiss

Chief Manager Salary

(138 salaries)

₹10 L/yr - ₹39.48 L/yr

Credit Officer Salary

(62 salaries)

₹2 L/yr - ₹4.3 L/yr

Sales Manager Salary

(20 salaries)

₹4.35 L/yr - ₹10.5 L/yr

Branch Manager Salary

(9 salaries)

₹4.2 L/yr - ₹10 L/yr

Area Credit Manager Salary

(6 salaries)

₹10 L/yr - ₹15.1 L/yr

Cluster Credit Manager Salary

(5 salaries)

₹10 L/yr - ₹14 L/yr

Credit Analyst Salary

(5 salaries)

₹9 L/yr - ₹14 L/yr

Top skills at Edelweiss for Credit Manager

Credit Management Credit Underwriting

Salary related reviews for Edelweiss

3.9

Rated by 3 employees for salary & benefits

Credit Manager in Surat

Full Time

Risk Management & Compliance Department

5.0

• posted on 06 Mar 2022

3.0

for Salary and Benefits

Likes

Good Experience work in edelweiss and, work freely and fredamly no any pressure and worklord onchead ,good work experience.No any Dislikes coment

Skill development - Excellent

+5 more

Dislikes

...omment is dislikes ,i have work more than 4and half years but,as a financially .there has been growth, and no any salary growth shows in last 4 year .finally i have left the job for financial and salary.

Credit Manager in Kochi

BFSI, Investments & Trading Department

5.0

• posted on 29 Oct 2020

1.0

for Salary and Benefits

Likes

...ation. Presently i am unemployed and doesnot have money even for my basic needs.I expecting 6 month salary as compensation, but company not willing to give compensation to me. Over all in my mind negative impression

Dislikes

Salary - Bad
Skill development - Poor

+5 more

Branch Credit Manager in Aurangabad

Full Time

Risk Management & Compliance Department

4.0

• posted on 10 Oct 2023

2.0

for Salary and Benefits

Likes

Sat sun weekly off Average work culture Employee oriented culture

Job security - Good

Dislikes

...over month end Aggressive sales team Poor promotion Poor compliance management Cost cutting

Salary - Poor

+2 more

Relationship Manager in Rajendra Palace Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 21 Jun 2022

3.0

for Salary and Benefits

Likes

Salary on time, system is too good and working culture is very well

Skill development - Good

+1 more

Dislikes

They have only 1 product LAP only self-employed profile, where turnover is more than 1 crore. They are doing only Approved and Regularized property but ROI is 2% to 2.5% is above than other banks. They want cream file like HDFC Bank but not offer HDFC Bank ROI.

Work satisfaction - Bad

Sales Manager in Surat

Finance & Accounting Department

5.0

• posted on 29 Nov 2020

3.0

for Salary and Benefits

Likes

Edelweiss was taking care of thier employees in lockdown also give salary time to time. Work culture is very good and have great experience to work with edelwiess.

Skill development - Good

+4 more

Dislikes

There are some issue but i dont want to share it about company. Over all it is good company.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Edelweiss Credit Manager Salary FAQs

What is the salary of Credit Manager at Edelweiss in Mumbai?

The average salary of a Credit Manager at Edelweiss in Mumbai typically ranges from ₹3.5 Lakhs to ₹10.7 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Credit Manager in Mumbai at Edelweiss earn more than ₹9.9 Lakhs per year, and the top 1% earn over ₹10.7 Lakhs per year. Credit Manager Salaries at Edelweiss 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 10+ Edelweiss employees in India.

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

The estimated take-home salary of a Credit Manager at Edelweiss in Mumbai typically ranges from ₹49,490 to ₹50,659 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from Fresher to 8 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 10+ salaries received from various employees of Edelweiss. 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 Edelweiss in Mumbai?

To be a Credit Manager at Edelweiss in Mumbai, the key skills required include:

- Credit Management
- Credit Underwriting

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

Which companies offer higher salaries than Edelweiss for Credit Manager in India?

JPMorgan Chase & Co.	₹22.5 Lakhs to ₹40.0 Lakhs per year
Religare Finvest	₹7.0 Lakhs to ₹14.0 Lakhs per year
Aditya Birla Capital	₹4.5 Lakhs to ₹10.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Edelweiss, depending on the role and experience level.

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

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

Bajaj Finserv	₹3.2 Lakhs to ₹8.3 Lakhs per year
Sharekhan	₹4.0 Lakhs to ₹8.3 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 Edelweiss in Mumbai?

The salary growth for a Credit Manager at Edelweiss 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 Edelweiss:

Experience	Average Salary Range
Fresher	₹6.0 Lakhs to ₹7.0 Lakhs per year
1 year	₹5.5 Lakhs to ₹7.0 Lakhs per year
2 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
3 years	₹5.0 Lakhs to ₹10.0 Lakhs per year

and so on.

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Edelweiss Credit Manager Salaries in Mumbai

Edelweiss Credit Manager salary in Mumbai ranges between ₹3.5 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 Edelweiss latest salaries received from various employees of Edelweiss.