Equitas Small Finance Bank Chennai Cluster Credit Manager Salaries by 5 Employees

7 - 12 years exp.

₹4.1 Lakhs - ₹7.7 Lakhs

Avg. annual salary

Monthly In-hand Salary

33% less than the average Cluster Credit Manager Salary in Banking Companies for 7 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 7 - 12 years exp. (4 salaries)	₹4.1 L/yr - ₹7.7 L/yr
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Finance & Accounting Cluster Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.2 L/yr

Last Updated: 9 Dec 2023

Companies similar to Equitas Small Finance Bank for Cluster Credit Manager in Chennai

Equitas Small Finance Bank Cluster Credit Manager Salary

7 - 12 years exp. (5 salaries)

₹4.1 L/yr - ₹7.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Hinduja Housing Finance Cluster Credit Manager Salary 1 - 11 years exp. (16 salaries)	₹3.5 L/yr - ₹7.7 L/yr 20% less	3 job openings
IDFC FIRST Bharat Cluster Credit Manager Salary 6 - 15 years exp. (12 salaries)	₹5.8 L/yr - ₹10.7 L/yr 45% more
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Varthana Cluster Credit Manager Salary 10 - 14 years exp. (5 salaries)	₹8 L/yr - ₹10.5 L/yr 40% more
Piramal Capital Housing Finance Cluster Credit Manager Salary 9 - 17 years exp. (5 salaries)	₹11.4 L/yr - ₹18.8 L/yr 115% more
SMFG India Credit Cluster Credit Manager Salary 8 - 13 years exp. (4 salaries)	₹7.2 L/yr - ₹15 L/yr 72% more

Cluster Credit Manager salary at Equitas Small Finance Bank ranges between ₹4.1 Lakhs to ₹7.7 Lakhs per year for employees with experience between 7 years to 12 years. Salary estimates are based on 5 latest salaries received from various employees of Equitas Small Finance Bank.

Experience wise Equitas Small Finance Bank Cluster Credit Manager salaries in Chennai

Last Updated: 9 Dec 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
8 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
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9 years (AmbitionBox Estimate)	₹6 L/yr - ₹7.7 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.8 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹8 L/yr
12 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr

View all

Similar Designation salaries in Equitas Small Finance Bank

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Senior Credit Officer Salary

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₹2.52 L/yr - ₹4.05 L/yr

Area Credit Manager Salary

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₹6.6 L/yr - ₹18.6 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹2.3 L/yr - ₹3.65 L/yr

Top skills at Equitas Small Finance Bank for Cluster Credit Manager

Credit Management Home Loans Credit Underwriting Housing Finance Mortgage Loans Credit Management Disbursement Credit Appraisal Credit Policy Credit Appraisal Finance Secured Loan Credit Analysis US Mortgage Chartered Accountant

Salary related reviews for Equitas Small Finance Bank

Credit Officer in Pattukkottai

Full Time

Finance & Accounting Department

1.0

• posted on 14 Mar 2025

2.0

for Salary and Benefits

Likes

Easy placement, once you give resume they call you to join before get offer letter. That's one thing only positive

Job security - Good

Dislikes

Lac of career growth, work life balance, salary hike is too low even you work for long year, You should ready to work for anytime even day and night, without any welfare. There is no any comb off leave and medical leave. It very miserly on work infrastructure.

Salary - Poor

+5 more

Deputy Manager in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 18 Dec 2024

4.0

for Salary and Benefits

Likes

My manager and head Ma’am are very approachable. Always there to guide both personally and professionally. It is like family.

Salary - Good

+4 more

Dislikes

No proper parking No personal life balance Should give pay for working on holiday internal job posting should be opened to everyone as sometimes due to experience eligibility we lose the opportunity

Area Credit Manager in Ajmer

Full Time

Risk Management & Compliance Department

3.0

• posted on 30 Nov 2023

2.0

for Salary and Benefits

Likes

1.Job security. 2. Strong Policy. 3.insist employee to work with honesty.

Skill development - Excellent

+1 more

Dislikes

... fourth also Usually at Festive Holidays.. 2. No performance bonus of credit. 3.Salary is not as per the industry.

Salary - Poor

Sales Manager in Erode

Full Time

Finance & Accounting Department

2.0

• posted on 29 Jun 2020

5.0

for Salary and Benefits

Likes

Good salary package...Excellent company bcoz of heading nice person MD Mr.Vasudevan

Salary - Excellent

+1 more

Dislikes

No respect for female employee from Senior officials only...Some of senior female officials making torture in the form of unparliamentary word to male staff.Very worst behaviour of senior officials.

Skill development - Bad

+4 more

Sales Officer in Boisar

Full Time

Finance & Accounting Department

1.0

• posted on 03 Feb 2025

1.0

for Salary and Benefits

Likes

Dislikes

Employee are not supporting our organisation he fors to me resign a job at 2 month I have no salary credit at my notice period time sarve staff issue he not submitted to my attendance to hr thank you

Salary - Bad

+5 more

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Salary Discussions, Hike & Promotions

1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Equitas Small Finance Bank Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Equitas Small Finance Bank in Chennai?

The average salary of a Cluster Credit Manager at Equitas Small Finance Bank in Chennai typically ranges from ₹4.1 Lakhs to ₹7.7 Lakhs per year, depending on experience (from 7 years to 12 years).

The top 10% of Cluster Credit Manager in Chennai at Equitas Small Finance Bank earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹7.7 Lakhs per year. Cluster Credit Manager Salaries at Equitas Small Finance Bank 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 5 Equitas Small Finance Bank employees in India.

What is the estimated take home salary of a Cluster Credit Manager at Equitas Small Finance Bank in Chennai?

The estimated take-home salary of a Cluster Credit Manager at Equitas Small Finance Bank in Chennai typically ranges from ₹51,119 to ₹52,325 per month. This is based on the average salary range of ₹4.1 Lakhs to ₹7.7 Lakhs per year for employees with experience ranging from 7 years to 12 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 5 salaries received from various employees of Equitas Small Finance Bank. 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 Equitas Small Finance Bank in Chennai?

To be a Cluster Credit Manager at Equitas Small Finance Bank in Chennai, the key skills required include:

- Credit Management
- Home Loans
- Credit Underwriting
- Housing Finance
- Mortgage Loans

These skills are highly valued at Equitas Small Finance Bank and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Equitas Small Finance Bank for Cluster Credit Manager in India?

Piramal Capital Housing Finance	₹11.4 Lakhs to ₹18.8 Lakhs per year
SMFG India Credit	₹7.2 Lakhs to ₹15.0 Lakhs per year
IDFC FIRST Bharat	₹5.8 Lakhs to ₹10.7 Lakhs per year
Varthana	₹8.0 Lakhs to ₹10.5 Lakhs per year

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

What is the salary of a Cluster Credit Manager in companies similar to Equitas Small Finance Bank in Chennai?

The salary of a Cluster Credit Manager at companies similar to Equitas Small Finance Bank in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Hinduja Housing Finance

₹3.5 Lakhs to ₹7.7 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 Equitas Small Finance Bank in Chennai?

The salary growth for a Cluster Credit Manager at Equitas Small Finance Bank in Chennai depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager in Chennai can expect the following growth trajectory at Equitas Small Finance Bank:

Experience	Average Salary Range
7 years	₹5.8 Lakhs to ₹7.4 Lakhs per year
8 years	₹5.9 Lakhs to ₹7.6 Lakhs per year
9 years	₹6.0 Lakhs to ₹7.7 Lakhs per year
10 years	₹6.1 Lakhs to ₹7.8 Lakhs per year

and so on.

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Equitas Small Finance Bank Cluster Credit Manager Salaries in Chennai

Equitas Small Finance Bank Cluster Credit Manager salary in Chennai ranges between ₹4.1 Lakhs to ₹7.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Equitas Small Finance Bank latest salaries received from various employees of Equitas Small Finance Bank.