Fedbank Financial Services Assistant Credit Manager Salaries by 6 Employees

2 - 5 years exp.

₹3.3 Lakhs - ₹4.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

17% less than the average Assistant Credit Manager Salary in NBFC Companies for 2 - 5 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹3.5 L/yr
Customer Success, Service & Operations Assistant Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr
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Finance & Accounting Assistant Credit Manager Salary 2 years exp. (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.7 L/yr
Risk Management & Compliance Assistant Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 28 Dec 2024

Companies similar to Fedbank Financial Services for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
Sammaan Capital Limited Assistant Credit Manager Salary 0 - 10 years exp. (162 salaries)	₹2.4 L/yr - ₹5.8 L/yr 9% more
Bajaj Housing Finance Assistant Credit Manager Salary 1 - 4 years exp. (86 salaries)	₹2.9 L/yr - ₹5 L/yr 10% more
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InCred Finance Assistant Credit Manager Salary 0 - 8 years exp. (45 salaries)	₹4 L/yr - ₹6 L/yr 33% more
Kinara Capital Assistant Credit Manager Salary 3 - 9 years exp. (31 salaries)	₹2.8 L/yr - ₹4.7 L/yr 6% less
Shubham Housing Development Finance Assistant Credit Manager Salary 1 - 7 years exp. (18 salaries)	₹3.2 L/yr - ₹6.2 L/yr 11% more
Electronica Finance Assistant Credit Manager Salary 0 - 7 years exp. (16 salaries)	₹4 L/yr - ₹8 L/yr 44% more
India Shelter Finance Corporation Assistant Credit Manager Salary 0 - 2 years exp. (14 salaries)	₹3.2 L/yr - ₹4.8 L/yr 2% more
Aptus Value Housing Finance India Assistant Credit Manager Salary 3 - 9 years exp. (11 salaries)	₹3.2 L/yr - ₹6.4 L/yr 25% more
AVIOM Assistant Credit Manager Salary 1 - 7 years exp. (11 salaries)	₹2.9 L/yr - ₹4.1 L/yr 11% less
LendingKart Assistant Credit Manager Salary 2 - 8 years exp. (10 salaries)	₹4.5 L/yr - ₹8.2 L/yr 60% more
MAS Financial Services Assistant Credit Manager Salary 1 - 13 years exp. (8 salaries)	₹3 L/yr - ₹9 L/yr 64% more
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Ugro Capital Assistant Credit Manager Salary 0 - 6 years exp. (6 salaries)	₹3.5 L/yr - ₹4.8 L/yr 13% more
Kogta Financial India Limited Assistant Credit Manager Salary 1 - 6 years exp. (5 salaries)	₹1.1 L/yr - ₹4.2 L/yr 34% less
Finova Capital Assistant Credit Manager Salary 0 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 16% less
Vistaar Finance Assistant Credit Manager Salary 4 - 7 years exp. (4 salaries)	₹2.8 L/yr - ₹4 L/yr 4% less
Kotak Mahindra Prime Assistant Credit Manager Salary 2 - 5 years exp. (4 salaries)	₹1.9 L/yr - ₹2.6 L/yr 39% less
SBFC Finance Assistant Credit Manager Salary 0 - 5 years exp. (3 salaries)	₹3.5 L/yr - ₹5 L/yr 21% more
Dvara KGFS Assistant Credit Manager Salary 5 - 16 years exp. (3 salaries)	₹1.9 L/yr - ₹5 L/yr 3% more

Assistant Credit Manager salary at Fedbank Financial Services ranges between ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 6 latest salaries received from various employees of Fedbank Financial Services.

Experience wise Fedbank Financial Services Assistant Credit Manager salaries

Last Updated: 28 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
3 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹4 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr

Similar Designation salaries in Fedbank Financial Services

Regional Credit Manager Salary

(7 salaries)

₹17.5 L/yr - ₹27.35 L/yr

Area Credit Manager Salary

(50 salaries)

₹9.2 L/yr - ₹22.55 L/yr

Cluster Credit Manager Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Branch Credit Manager Salary

(4 salaries)

₹4.5 L/yr - ₹7.48 L/yr

Zonal Credit Manager Salary

(6 salaries)

₹26.8 L/yr - ₹37.94 L/yr

Credit Manager Salary

(10 salaries)

₹4.4 L/yr - ₹8.5 L/yr

Senior Credit Officer Salary

(6 salaries)

₹3.65 L/yr - ₹4.22 L/yr

Relationship Manager Salary

(230 salaries)

₹2.25 L/yr - ₹5.5 L/yr

Branch Manager Salary

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₹2.85 L/yr - ₹8 L/yr

Assistant Vice President Salary

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₹19.6 L/yr - ₹28 L/yr

Salary related reviews for Fedbank Financial Services

4.5

Rated by 3 employees for salary & benefits

Regional Credit Head in Bangalore / Bengaluru

Risk Management & Compliance Department

5.0

• posted on 09 Jan 2022

3.0

for Salary and Benefits

Likes

Good work environment and culture. Importance given to adhere company values.If any one skilful will get a chance express and explore the things. Top management is very good and it's employee friendly company.

Skill development - Excellent

+4 more

Dislikes

...be there.But I want take positive thing's . Can't express drastic career growth.Compensation not so great. Some work culture with in our department needs improvement and confusion with department structure is misunderstood and mis utilised...

Graphic Designer in Andheri

Full Time

UX, Design & Architecture Department

5.0

• posted on 19 Apr 2022

5.0

for Salary and Benefits

Likes

... of experience in their field , while working with them I learnt so many things. Company policies are good and they give good salary hike. Happy to work with them.

Salary - Excellent

+6 more

Dislikes

There is no such thinngs

Customer Service Executive in Salem

Gold Loan Department

3.0

• posted on 29 Mar 2021

4.0

for Salary and Benefits

Likes

Salary given was good.

Salary - Good

Dislikes

No proper training given. There is designation of RE and CSE is not fair. Bcoz there should be equal importance given to both sales and operations. My Suggestion was to maintain both the roles given to each staff. Then only coordination of the staff can be possible.rating of sales and ops should be same for every staff. This is my humble request to be consider. If it is done means each one can given sales and also avoid operation deviation.

Skill development - Poor

+1 more

Legal Manager in Mumbai

Legal & Regulatory Department

1.0

• posted on 27 Aug 2022

1.0

for Salary and Benefits

Likes

You get to learn all the aspects of loan disbursement

Skill development - Good

Dislikes

Zero work life balance. Your work is not appreciated with compensation. When you speak to HR about the same they don’t even listen to you neither do they take any actions

Salary - Bad

+4 more

Relationship Executive in Vijayawada

Other Department

4.0

• posted on 26 Sep 2018

1.0

for Salary and Benefits

Likes

There is no Training,job security there is no problem,career no growth,salary is in time is good no appraisals, no travel expenses,politics is very important too much politics,no leraning only working, work environments is good

Skill development - Excellent

+2 more

Dislikes

No career

Salary - Bad

+2 more

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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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Fedbank Financial Services Assistant Credit Manager Salary FAQs

What is the salary of Assistant Credit Manager at Fedbank Financial Services ?

The average salary of a Assistant Credit Manager at Fedbank Financial Services in India typically ranges from ₹3.3 Lakhs to ₹4.5 Lakhs per year, depending on experience (from 2 years to 5 years).

The top 10% of Assistant Credit Manager at Fedbank Financial Services earn more than ₹4.5 Lakhs per year, and the top 1% earn over ₹4.5 Lakhs per year. Assistant Credit Manager Salaries at Fedbank Financial Services 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 Fedbank Financial Services employees in India.

What is the estimated take home salary of a Assistant Credit Manager at Fedbank Financial Services in India?

The estimated take-home salary of a Assistant Credit Manager at Fedbank Financial Services in India typically ranges from ₹27,203 to ₹28,609 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from 2 years to 5 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 Fedbank Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Fedbank Financial Services for Assistant Credit Manager in India?

MAS Financial Services	₹3.0 Lakhs to ₹9.0 Lakhs per year
LendingKart	₹4.5 Lakhs to ₹8.2 Lakhs per year
Electronica Finance	₹4.0 Lakhs to ₹8.0 Lakhs per year
InCred Finance	₹4.0 Lakhs to ₹6.0 Lakhs per year
Aptus Value Housing Finance India	₹3.2 Lakhs to ₹6.4 Lakhs per year

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

What is the salary of a Assistant Credit Manager in companies similar to Fedbank Financial Services in India?

The salary of a Assistant Credit Manager at companies similar to Fedbank Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SBFC Finance	₹3.5 Lakhs to ₹5.0 Lakhs per year
Ugro Capital	₹3.5 Lakhs to ₹4.8 Lakhs per year
Shubham Housing Development Finance	₹3.2 Lakhs to ₹6.2 Lakhs per year
Bajaj Housing Finance	₹2.9 Lakhs to ₹5.0 Lakhs per year
Sammaan Capital Limited	₹2.4 Lakhs to ₹5.8 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 Assistant Credit Manager at Fedbank Financial Services in India?

The salary growth for a Assistant Credit Manager at Fedbank Financial Services depends on factors such as experience, performance, and promotions. On average, a Assistant Credit Manager can expect the following growth trajectory at Fedbank Financial Services:

Experience	Average Salary Range
2 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
3 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
4 years	₹3.5 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.8 Lakhs to ₹4.8 Lakhs per year

and so on.

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Fedbank Financial Services Assistant Credit Manager Salaries

Fedbank Financial Services Assistant Credit Manager salary in India ranges between ₹3.3 Lakhs to ₹4.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Fedbank Financial Services latest salaries received from various employees of Fedbank Financial Services.