Finova Capital Cluster Credit Manager Salaries by 20+ Employees (Updated 2025)

2 - 7 years exp.

₹4.2 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

44% less than the average Cluster Credit Manager Salary in NBFC Companies for 2 - 7 years of experience

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Salaries in different departments

Finance & Accounting Cluster Credit Manager Salary 2 - 6 years exp. (13 salaries)	₹4.2 L/yr - ₹6.5 L/yr
BFSI, Investments & Trading Cluster Credit Manager Salary 5 - 6 years exp. (4 salaries)	₹4.2 L/yr - ₹8 L/yr
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Media Production & Entertainment Cluster Credit Manager Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹5.4 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹6.4 L/yr - ₹7 L/yr

Last Updated: 13 Feb 2025

Companies similar to Finova Capital for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Vistaar Finance Cluster Credit Manager Salary 6 - 15 years exp. (38 salaries)	₹7 L/yr - ₹12.5 L/yr 83% more
Ugro Capital Cluster Credit Manager Salary 7 - 14 years exp. (13 salaries)	₹9.7 L/yr - ₹12.5 L/yr 90% more
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Bajaj Housing Finance Cluster Credit Manager Salary 8 - 13 years exp. (12 salaries)	₹10.7 L/yr - ₹19.6 L/yr 148% more
IKF Finance Cluster Credit Manager Salary 5 - 14 years exp. (12 salaries)	₹5.8 L/yr - ₹10.4 L/yr 46% more
Hinduja Leyland Finance Cluster Credit Manager Salary 1 - 15 years exp. (7 salaries)	₹4 L/yr - ₹8.5 L/yr 5% more
Kogta Financial India Limited Cluster Credit Manager Salary 9 - 13 years exp. (6 salaries)	₹5.4 L/yr - ₹9 L/yr 43% more
Kotak Mahindra Prime Cluster Credit Manager Salary 6 - 14 years exp. (5 salaries)	₹7 L/yr - ₹16 L/yr 107% more
Light Microfinance Cluster Credit Manager Salary 8 - 12 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 8% less
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	₹5 L/yr - ₹20.3 L/yr 138% more
Electronica Finance Cluster Credit Manager Salary 5 - 11 years exp. (4 salaries)	₹5 L/yr - ₹8.5 L/yr 30% more

Cluster Credit Manager salary at Finova Capital ranges between ₹4.2 Lakhs to ₹8 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 23 latest salaries received from various employees of Finova Capital.

Latest annual salaries shared by Finova Capital Cluster Credit Manager

1mo ago

₹8 Lakhs

6 years exp.

1mo ago

₹5 Lakhs

6 years exp.

4mo ago

₹5 Lakhs

5 years exp.

6mo ago

₹6.4 Lakhs

6 years exp.

6mo ago

₹8 Lakhs

5 years exp.

1y ago

6 years exp.

1y ago

7 years exp.

1y ago

5 years exp.

2y ago

5 years exp.

2y ago

5 years exp.

Experience wise Finova Capital Cluster Credit Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.6 L/yr
3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹6.1 L/yr
Login to view exact salary
4 years (3 salaries)	₹4.2 L/yr - ₹10.1 L/yr
5 years (9 salaries)	₹4.2 L/yr - ₹8 L/yr
6 years (6 salaries)	₹5 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)	₹5 L/yr - ₹7 L/yr

View all

Similar Designation salaries in Finova Capital

Area Credit Manager Salary

(21 salaries)

₹6 L/yr - ₹11.2 L/yr

Deputy Credit Manager Salary

(3 salaries)

₹3.5 L/yr - ₹4.5 L/yr

Branch Credit Manager Salary

(105 salaries)

₹2.5 L/yr - ₹5.5 L/yr

Assistant Credit Manager Salary

(5 salaries)

₹2 L/yr - ₹4 L/yr

Regional Credit Manager Salary

(16 salaries)

₹12 L/yr - ₹21 L/yr

Credit Manager Salary

(38 salaries)

₹2.45 L/yr - ₹5.5 L/yr

Relationship Manager Salary

(56 salaries)

₹1.8 L/yr - ₹4 L/yr

Credit Officer Salary

(3 salaries)

₹2.3 L/yr - ₹2.5 L/yr

Branch Manager Salary

(143 salaries)

₹2.2 L/yr - ₹6 L/yr

Deputy Manager Salary

(4 salaries)

₹4.25 L/yr - ₹5.32 L/yr

Salary related reviews for Finova Capital

3.0

Rated by 5 employees for salary & benefits

Branch Credit Manager in Eluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 23 Dec 2024

3.0

for Salary and Benefits

Likes

Promotions - Good

Dislikes

Salary credit 2day, every time team call with vc work distabence, bcm will do all works. No proper work life, complete sales orianted company sales presure high. Collection presure high to bcm.. TRAVEL 200 KM ALSO FOR OTHER BRANCH WORKS My sugistion dont prefer.. My rate is ZEROOOO.

Skill development - Poor

+3 more

Branch Credit Manager in Hoshangabad

BFSI, Investments & Trading Department

5.0

• posted on 28 May 2022

5.0

for Salary and Benefits

Likes

...nagement is transparent. There is huge cafeteria and gaming arcade for chilling.company policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Branch Credit Manager in Rajasthan

BFSI, Investments & Trading Department

3.0

• posted on 08 Jun 2022

3.0

for Salary and Benefits

Likes

There is a lot of politics and the management doesn't address our issues salary is decent but career growth is slow there is a bond of year before which you cannot resign on the job training is not given to new joinees

Senior Legal Executive in New Delhi

Full Time

Legal & Regulatory Department

1.0

• posted on 17 Sep 2024

2.0

for Salary and Benefits

Likes

- Salary is on time

Dislikes

- No set working hours. You have to work uptill 11 pm and there is no holiday even every sunday will be a working day (except first sunday) - work pressuis immense, you will definitely went into depression if you spent 6 months in this company. Totally sales oriented no other department have any kind of respect or hearing.

Salary - Poor

+6 more

Senior Branch Manager in Jaipur Chomu

Full Time

Sales & Business Development Department

5.0

• posted on 03 Aug 2023

5.0

for Salary and Benefits

Likes

...any. There is 100% transparency in the process. Stability Benefit is available. Salary date is fix. Incentive date is fix.

Salary - Excellent

+6 more

Dislikes

Fc not in time. SOA not in time. LOD not in time. Bus or koi kami nhi h.

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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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Finova Capital Cluster Credit Manager Salary FAQs

What is the salary of Cluster Credit Manager at Finova Capital ?

The average salary of a Cluster Credit Manager at Finova Capital in India typically ranges from ₹4.2 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Cluster Credit Manager at Finova Capital earn more than ₹7.2 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Cluster Credit Manager Salaries at Finova Capital 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 20+ Finova Capital employees in India.

What is the estimated take home salary of a Cluster Credit Manager at Finova Capital in India?

The estimated take-home salary of a Cluster Credit Manager at Finova Capital in India typically ranges from ₹43,132 to ₹44,251 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 20+ salaries received from various employees of Finova Capital. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Finova Capital for Cluster Credit Manager in India?

Bajaj Housing Finance	₹10.7 Lakhs to ₹19.6 Lakhs per year
Hero FinCorp	₹5.0 Lakhs to ₹20.3 Lakhs per year
Kotak Mahindra Prime	₹7.0 Lakhs to ₹16.0 Lakhs per year
Ugro Capital	₹9.7 Lakhs to ₹12.5 Lakhs per year
Vistaar Finance	₹7.0 Lakhs to ₹12.5 Lakhs per year

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

What is the salary of a Cluster Credit Manager in companies similar to Finova Capital in India?

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

IKF Finance	₹5.8 Lakhs to ₹10.4 Lakhs per year
Kogta Financial India Limited	₹5.4 Lakhs to ₹9.0 Lakhs per year
Electronica Finance	₹5.0 Lakhs to ₹8.5 Lakhs per year
Hinduja Leyland Finance	₹4.0 Lakhs to ₹8.5 Lakhs per year
Light Microfinance	₹4.5 Lakhs to ₹6.0 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 Finova Capital in India?

The salary growth for a Cluster Credit Manager at Finova Capital depends on factors such as experience, performance, and promotions. On average, a Cluster Credit Manager can expect the following growth trajectory at Finova Capital:

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹5.6 Lakhs per year
3 years	₹4.5 Lakhs to ₹6.1 Lakhs per year
4 years	₹4.2 Lakhs to ₹10.1 Lakhs per year
5 years	₹4.2 Lakhs to ₹8.0 Lakhs per year

and so on.

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Finova Capital Cluster Credit Manager Salaries by Location

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Finova Capital Cluster Credit Manager Salaries

Finova Capital Cluster Credit Manager salary in India ranges between ₹4.2 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Finova Capital latest salaries received from various employees of Finova Capital.

Finova Capital Cluster Credit Manager salaries in India (Updated 2025)

Companies similar to Finova Capital for Cluster Credit Manager

Latest annual salaries shared by Finova Capital Cluster Credit Manager

Experience wise Finova Capital Cluster Credit Manager salaries

Similar Designation salaries in Finova Capital

Salary related reviews for Finova Capital

Branch Credit Manager in Eluru

Branch Credit Manager in Hoshangabad

Branch Credit Manager in Rajasthan

Senior Legal Executive in New Delhi

Senior Branch Manager in Jaipur Chomu

Finova Capital Cluster Credit Manager Salary FAQs

Tell us how to improve this page.

Finova Capital Cluster Credit Manager Salaries by Location