Premium Employer

i

This company page is being actively managed by Electronica Finance Team. If you also belong to the team, you can get access from here

Electronica Finance Verified Tick

Compare button icon Compare button icon Compare
filter salariesFilter salaries by

Electronica Finance Cluster Credit Manager salaries in India

Annual salary range
5 - 11 years exp.
₹5 Lakhs - ₹8.5 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

26% less than the average Cluster Credit Manager Salary in NBFC Companies for 5 - 11 years of experience

Interested in this particular role?

Last Updated: 15 Mar 2023

Companies similar to Electronica Finance for Cluster Credit Manager

Company name Avg Annual Salary Open Jobs
unlock blur

₹12.5 L/yr - ₹16.7 L/yr

arrow icon 94% more
Logo
Ugro Capital Cluster Credit Manager Salary

7 - 14 years exp. (14 salaries)

unlock blur

₹9.7 L/yr - ₹13 L/yr

arrow icon 51% more
Logo
IKF Finance Cluster Credit Manager Salary

5 - 14 years exp. (12 salaries)

unlock blur

₹5.8 L/yr - ₹10.4 L/yr

arrow icon 12% more
unlock blur

₹5.4 L/yr - ₹9 L/yr

arrow icon 10% more
Logo
unlock blur

₹4.8 L/yr - ₹14 L/yr

arrow icon 20% more
unlock blur

₹7 L/yr - ₹16 L/yr

arrow icon 60% more
Logo
IIFL Finance Cluster Credit Manager Salary

4 - 12 years exp. (4 salaries)

unlock blur

₹6 L/yr - ₹8.2 L/yr

arrow icon 7% less
unlock blur

₹2.7 L/yr - ₹5 L/yr

arrow icon 43% less
Cluster Credit Manager salary at Electronica Finance ranges between ₹5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 4 latest salaries received from various employees of Electronica Finance.

Latest annual salaries shared by Electronica Finance Cluster Credit Manager

1y ago
avg blur mobile
11 years exp.
1y ago
avg blur mobile
8 years exp.
1y ago
avg blur mobile
10 years exp.

Experience wise Electronica Finance Cluster Credit Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
5 years (AmbitionBox Estimate)

unlock blur

₹7.2 L/yr - ₹9.2 L/yr
8 years (AmbitionBox Estimate)

unlock blur

₹4.5 L/yr - ₹5.8 L/yr
10 years (AmbitionBox Estimate)

unlock blur

₹7.2 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)

unlock blur

₹7.7 L/yr - ₹9.8 L/yr

Similar Designation salaries in Electronica Finance

unlock blur
₹4.5 L/yr - ₹7.8 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
unlock blur
₹7.9 L/yr - ₹10.1 L/yr
unlock blur
₹3 L/yr - ₹5.38 L/yr
unlock blur
₹4 L/yr - ₹8 L/yr
unlock blur
₹8 L/yr - ₹10 L/yr
Credit Manager Salary
(49 salaries)
unlock blur
₹2.5 L/yr - ₹10.07 L/yr
unlock blur
₹3.4 L/yr - ₹5 L/yr
unlock blur
₹2 L/yr - ₹4.1 L/yr
Chief Manager Salary
(5 salaries)
unlock blur
₹17 L/yr - ₹22 L/yr
Credit Officer Salary
(15 salaries)
unlock blur
₹2.5 L/yr - ₹4.75 L/yr

Top skills at Electronica Finance for Cluster Credit Manager

Credit Appraisal Credit Management Credit Risk Credit Rating Sanction Credit Analysis Underwriting Loan against Property Team Handling Credit Underwriting Mortgage Loans Lap Credit Management Credit Processing

Salary related reviews for Electronica Finance

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 13 Feb 2025

2.0
 for  Salary and Benefits

Likes

The working hours of the organisation is very good. The organisation is not ask for stay more than working hours.

Dislikes

The salary hold culture is there if you are not performing as per your target. There is some hidden policy which are impacted for job culture and job experience negativity.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 22 Feb 2024

5.0
 for  Salary and Benefits

Likes

...s of EFL are very satisfied and they see EFL as their prime business partner. Work culture, Salary, Increments are also one of the best and that is the reason people work here for long duration and if someone goes out, after just 1-2 months they become desperate to join back EFL again.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Yet to find..as it’s hard to find

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 02 Nov 2023

3.0
 for  Salary and Benefits

Likes

Number one growing sales business in market

  • Skill development - Excellent

Dislikes

...stake , Krishna has force me to resign the job did not know what's the reason, He was looking for joining bonus for every employee after 3 months , he was forcing to resign after 3 months once he get the joining bonus 15000, and he was taking legal agreement charges from the customer of 5000 so what was the amount was remaining he was only taking, if you did not believe me if you can check the bank statement he will transfer to her phone pay account,??????

read more
  • Job security - Bad
  • +4 more

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 16 Feb 2023

5.0
 for  Salary and Benefits

Likes

Company is very good, but few mistakes are arises when initially expanding in HL/LAP Business in overall geography of India rapidly, so the same local level work force are not having enough experience for the given supervisory role. Staff level recruited for Branch Level Branch Level recruited for Area Level And Few Take overed Jumbo Finvest Existing Employees are recruited for Regional Level

read more
  • Salary - Excellent
  • +3 more

Dislikes

Initially Business Expansion in HL/LAP Segment with other competitors, few steps are wrongly taken in the form of level of work force employment verses salary limit. Salary verses employee engagement will harm in long term just like collapsing of Jumbo Finvest. Recruitment and promotion of employees are very risky for future with less experience. Low level employees are compromised the quality of work and long term business losses.

read more
  • Skill development - Bad
  • +2 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 12 Nov 2024

4.0
 for  Salary and Benefits

Likes

It's very good culture, support from higher manager, hunger of business, support from management in view of policy.

  • Salary - Good
  • +5 more

Dislikes

... sales oriented company, every incentive and bonuses policy made for sales only. They can make some extra pay out policy for other teams as well for their confidence boost as well.

read more
  • Promotions - Poor
see more salary related reviews

Discover interview dos and don'ts from real experiences

Electronica Finance Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Electronica Finance ?
The average salary of a Cluster Credit Manager at Electronica Finance in India typically ranges from ₹5.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 5 years to 11 years).

The top 10% of Cluster Credit Manager at Electronica Finance earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Cluster Credit Manager Salaries at Electronica 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 4 Electronica Finance employees in India.
What is the estimated take home salary of a Cluster Credit Manager at Electronica Finance in India?
The estimated take-home salary of a Cluster Credit Manager at Electronica Finance in India typically ranges from ₹54,908 to ₹56,281 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 5 years to 11 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 4 salaries received from various employees of Electronica Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Cluster Credit Manager at Electronica Finance ?
To be a Cluster Credit Manager at Electronica Finance in india, the key skills required include:

  • - Credit Appraisal
  • - Credit Management
  • - Credit Risk
  • - Credit Rating
  • - Sanction

These skills are highly valued at Electronica Finance and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Electronica Finance for Cluster Credit Manager in India?
Capri Global Capital ₹12.5 Lakhs to ₹16.7 Lakhs per year
Kotak Mahindra Prime ₹7.0 Lakhs to ₹16.0 Lakhs per year
Ugro Capital ₹9.7 Lakhs to ₹13.0 Lakhs per year
Mahindra Finance ₹4.8 Lakhs to ₹14.0 Lakhs per year
IKF Finance ₹5.8 Lakhs to ₹10.4 Lakhs per year

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

Kogta Financial India Limited ₹5.4 Lakhs to ₹9.0 Lakhs per year
IIFL Finance ₹6.0 Lakhs to ₹8.2 Lakhs per year
Vedika Credit Capital ₹2.7 Lakhs to ₹5.0 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 Cluster Credit Manager at Electronica Finance in India?
The salary growth for a Cluster Credit Manager at Electronica Finance depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager can expect the following growth trajectory at Electronica Finance:

Experience Average Salary Range
5 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
8 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
10 years ₹7.2 Lakhs to ₹9.2 Lakhs per year
11 years ₹7.7 Lakhs to ₹9.8 Lakhs per year
and so on.

Tell us how to improve this page.

Electronica Finance Cluster Credit Manager salary in India ranges between ₹5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Electronica Finance latest salaries received from various employees of Electronica Finance.