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Electronica Finance State Credit Manager salaries in India (Updated 2025)

Annual salary range
7 - 18 years exp.
₹11.1 Lakhs - ₹15.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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19% less than the average State Credit Manager Salary in NBFC Companies for 7 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
State Credit Manager Salary
16 - 18 years exp. (3 salaries)
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₹12 L/yr - ₹15.6 L/yr

Risk Management & Compliance
State Credit Manager Salary
7 - 11 years exp. (3 salaries)
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₹11.1 L/yr - ₹12 L/yr

Last Updated: 29 Jan 2025

Companies similar to Electronica Finance for State Credit Manager

Company name Avg Annual Salary Open Jobs
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Aavas Financiers State Credit Manager Salary

5 - 16 years exp. (31 salaries)

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₹10.4 L/yr - ₹21.3 L/yr

arrow icon 20% more
1 job opening
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Muthoot Fincorp State Credit Manager Salary

9 - 16 years exp. (6 salaries)

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₹11 L/yr - ₹20 L/yr

arrow icon 33% more
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Ugro Capital State Credit Manager Salary

11 - 16 years exp. (5 salaries)

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₹12 L/yr - ₹22.5 L/yr

arrow icon 46% more
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IIFL Finance State Credit Manager Salary

11 - 25 years exp. (4 salaries)

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₹15 L/yr - ₹16.5 L/yr

arrow icon 28% more
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IKF Finance State Credit Manager Salary

6 - 20 years exp. (4 salaries)

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₹12.7 L/yr - ₹22 L/yr

arrow icon 50% more
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₹12 L/yr - ₹16.4 L/yr

arrow icon 8% more
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Capital Trust State Credit Manager Salary

9 - 13 years exp. (3 salaries)

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₹5.4 L/yr - ₹6.9 L/yr

arrow icon 51% less
State Credit Manager salary at Electronica Finance ranges between ₹11.1 Lakhs to ₹15.6 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of Electronica Finance.

Latest annual salaries shared by Electronica Finance State Credit Manager

3d ago
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11 years exp.
4mo ago
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18 years exp.
1y ago
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17 years exp.
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8 years exp.
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7 years exp.
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16 years exp.

Experience wise Electronica Finance State Credit Manager salaries

Last Updated: 29 Jan 2025

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹11.1 L/yr
8 years (AmbitionBox Estimate)

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₹11.1 L/yr - ₹19.9 L/yr
9 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13 L/yr
10 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹13.3 L/yr
11 years (AmbitionBox Estimate)

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₹4.7 L/yr - ₹12 L/yr
View all

Similar Designation salaries in Electronica Finance

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₹4.5 L/yr - ₹7.8 L/yr
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₹3 L/yr - ₹5.38 L/yr
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₹5 L/yr - ₹8.5 L/yr
Deputy Credit Manager Salary
(AmbitionBox Estimate)
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₹7.9 L/yr - ₹10.1 L/yr
Credit Manager Salary
(49 salaries)
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₹2.5 L/yr - ₹10.07 L/yr
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₹4 L/yr - ₹8 L/yr
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₹8 L/yr - ₹10 L/yr
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₹3.4 L/yr - ₹5 L/yr
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₹2 L/yr - ₹4.1 L/yr
Credit Officer Salary
(15 salaries)
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₹2.5 L/yr - ₹4.75 L/yr

Top skills at Electronica Finance for State Credit Manager

Credit Appraisal Credit Management Credit Risk Credit Rating Sanction Credit Analysis Underwriting

Salary related reviews for Electronica Finance

4.0

Rated by 1 employees for salary & benefits

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

 · 

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

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

1.0
  •  posted on 06 Apr 2024

2.0
 for  Salary and Benefits

Likes

Not applicable for EFL

Dislikes

...ead by MD in a conference at Pune which leads to increase in employee attrition. Apart from the reason that employees need to pay the EMI either from salary or charge commission from new borrowers or can claim fake travel reimbursement & unauthorised increments to the staff where NPA's are increasing in order to cover the delinquency percentage. Amit Gadhaire name defines the ops head perfectly. Every year company needs new cxo's like CFO, CRO, COO etc. due to poor management or can say old employees don't want to upgrade the company's culture.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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Electronica Finance State Credit Manager Salary FAQs

What is the salary of State Credit Manager at Electronica Finance ?
The average salary of a State Credit Manager at Electronica Finance in India typically ranges from ₹11.1 Lakhs to ₹15.6 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of State Credit Manager at Electronica Finance earn more than ₹15.2 Lakhs per year, and the top 1% earn over ₹15.6 Lakhs per year. State 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 6 Electronica Finance employees in India.
What is the estimated take home salary of a State Credit Manager at Electronica Finance in India?
The estimated take-home salary of a State Credit Manager at Electronica Finance in India typically ranges from ₹86,774 to ₹89,048 per month. This is based on the average salary range of ₹11.1 Lakhs to ₹15.6 Lakhs per year for employees with experience ranging from 7 years to 18 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 Electronica Finance. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a State Credit Manager at Electronica Finance ?
To be a State 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 State Credit Manager in India?
IKF Finance ₹12.7 Lakhs to ₹22.0 Lakhs per year
Ugro Capital ₹12.0 Lakhs to ₹22.5 Lakhs per year
Muthoot Fincorp ₹11.0 Lakhs to ₹20.0 Lakhs per year
IIFL Finance ₹15.0 Lakhs to ₹16.5 Lakhs per year
Aavas Financiers ₹10.4 Lakhs to ₹21.3 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 State Credit Manager in companies similar to Electronica Finance in India?
The salary of a State 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:

Poonawalla Fincorp ₹12.0 Lakhs to ₹16.4 Lakhs per year
Capital Trust ₹5.4 Lakhs to ₹6.9 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 State Credit Manager at Electronica Finance in India?
The salary growth for a State Credit Manager at Electronica Finance depends on factors such as experience, performance, and promotions. On average, a State Credit Manager can expect the following growth trajectory at Electronica Finance:

Experience Average Salary Range
7 years ₹11.1 Lakhs to ₹11.1 Lakhs per year
8 years ₹11.1 Lakhs to ₹19.9 Lakhs per year
9 years ₹10.2 Lakhs to ₹13.0 Lakhs per year
10 years ₹10.4 Lakhs to ₹13.3 Lakhs per year
and so on.

Tell us how to improve this page.

Electronica Finance State Credit Manager salary in India ranges between ₹11.1 Lakhs to ₹15.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Electronica Finance latest salaries received from various employees of Electronica Finance.