GIC Housing Finance Credit Manager Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹7.5 Lakhs - ₹10.3 Lakhs

Salary of majority employees

13% more than the average Credit Manager Salary in NBFC Companies for 2 - 4 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 4 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹10.3 L/yr
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Finance & Accounting Credit Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹10.2 L/yr

Last Updated: 14 Mar 2023

Companies similar to GIC Housing Finance for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.7k salaries)	₹3.5 L/yr - ₹14 L/yr 4% less	1 job opening
LIC Housing Finance Credit Manager Salary 3 - 13 years exp. (9 salaries)	₹8 L/yr - ₹30 L/yr 110% more
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Piramal Capital Housing Finance Credit Manager Salary 1 - 13 years exp. (353 salaries)	₹2.5 L/yr - ₹10.3 L/yr 22% less
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (76 salaries)	₹3.3 L/yr - ₹8.4 L/yr 40% less
PNB Housing Finance Credit Manager Salary 0 - 11 years exp. (89 salaries)	₹4.9 L/yr - ₹12 L/yr 5% less
Can Fin Homes Credit Manager Salary 4 - 10 years exp. (34 salaries)	₹5.1 L/yr - ₹12 L/yr 9% more
Repco Home Finance Credit Manager Salary 5 - 15 years exp. (7 salaries)	₹6 L/yr - ₹10 L/yr 12% less
L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹3.6 L/yr - ₹14 L/yr 5% less
ICICI Home Finance Credit Manager Salary 1 - 9 years exp. (115 salaries)	₹3 L/yr - ₹10 L/yr 29% less
Aavas Financiers Credit Manager Salary 1 - 10 years exp. (265 salaries)	₹2.6 L/yr - ₹8.5 L/yr 33% less	6 job openings
Tata Capital Housing Finance Credit Manager Salary 3 - 14 years exp. (192 salaries)	₹3.3 L/yr - ₹13.5 L/yr 6% less
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Poonawalla Fincorp Credit Manager Salary 0 - 9 years exp. (141 salaries)	₹4.2 L/yr - ₹10.1 L/yr 23% less
Ugro Capital Credit Manager Salary 3 - 10 years exp. (142 salaries)	₹3 L/yr - ₹11.2 L/yr 26% less
Kotak Mahindra Prime Credit Manager Salary 1 - 9 years exp. (126 salaries)	₹3.9 L/yr - ₹12 L/yr 9% less
Mahindra Rural Housing Finance Credit Manager Salary 1 - 10 years exp. (82 salaries)	₹2 L/yr - ₹8.6 L/yr 47% less
Electronica Finance Credit Manager Salary 3 - 10 years exp. (49 salaries)	₹2.5 L/yr - ₹10.1 L/yr 39% less
MAS Financial Services Credit Manager Salary 2 - 8 years exp. (35 salaries)	₹2.5 L/yr - ₹11.6 L/yr 26% less
Indostar Capital Finance Credit Manager Salary 2 - 12 years exp. (26 salaries)	₹2.8 L/yr - ₹7 L/yr 52% less
Capri Global Capital Credit Manager Salary 2 - 8 years exp. (24 salaries)	₹3.4 L/yr - ₹9.6 L/yr 34% less
IKF Finance Credit Manager Salary 1 - 10 years exp. (22 salaries)	₹2.5 L/yr - ₹6.7 L/yr 43% less

View all

Credit Manager salary at GIC Housing Finance ranges between ₹7.5 Lakhs to ₹10.3 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of GIC Housing Finance.

Experience wise GIC Housing Finance Credit Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.2 L/yr
3 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹15.3 L/yr
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4 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹10.3 L/yr

Similar Designation salaries in GIC Housing Finance

Credit Officer Salary

(14 salaries)

₹2.15 L/yr - ₹9.78 L/yr

Area Credit Manager Salary

(4 salaries)

₹11.5 L/yr - ₹13 L/yr

Branch Manager Salary

(30 salaries)

₹8.5 L/yr - ₹16 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Credit Analyst Salary

(6 salaries)

₹6.7 L/yr - ₹10 L/yr

Zonal Credit Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹6.1 L/yr - ₹7.8 L/yr

Branch Credit Manager Salary

(AmbitionBox Estimate)

₹9.5 L/yr - ₹12.1 L/yr

Credit Underwriter Salary

(4 salaries)

₹7.3 L/yr - ₹12 L/yr

Credit Executive Salary

(7 salaries)

₹4 L/yr - ₹11.89 L/yr

Top skills at GIC Housing Finance for Credit Manager

Customer Interaction Credit Analysis Customer Service KYC Verification Credit Underwriting

Salary related reviews for GIC Housing Finance

4.0

Rated by 1 employees for salary & benefits

Senior Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 06 Jun 2023

2.0

for Salary and Benefits

Likes

This company is good only salary paid to us time to time.

Skill development - Good

+4 more

Dislikes

This company paid salary time to time but salary not increase to all associates employees time to time also not give us bonus to all associates employee ,they have only increase salary and give bonus of permanent staff time to time.i have spent my 11yrs in this company with hard working but no body solve our salary and financial problem.

Salary - Poor

+1 more

Senior Executive in Mumbai

BFSI, Investments & Trading Department

1.0

• posted on 16 Jan 2019

3.0

for Salary and Benefits

Likes

Hopeless organisation. Only pay is decent. The company doesnot take care of its employees at all.

Dislikes

The company doesnot take care of the needs of the employees. The management is extremely faulty and judgmental.

Skill development - Bad

+4 more

Credit Underwriter in Faridabad

Full Time

Other Department

4.0

• posted on 21 Dec 2024

3.0

for Salary and Benefits

Likes

Culture of the company, job security, work life balance and minimum work pressure.

Job security - Excellent

+2 more

Dislikes

As there is limited work pressure, Thus, the chances of promotion is bare minimum, All the work is related to credit therefore, very limited salary appraisal lesser than the market standards. Outdated technology.

Senior Associate in Mumbai

Full Time

Finance & Accounting Department

5.0

• posted on 27 Sep 2024

5.0

for Salary and Benefits

Likes

GIC housing finance ltd.comapny is govt.undertaking and this company give opportunity of office role person for growth of his/her work experience and this company give us salary time to time.

Salary - Excellent

+6 more

Dislikes

No any comments.

Executive in Kochi

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 26 Oct 2023

5.0

for Salary and Benefits

Likes

It provides me a great learning opportunitie as i was able to learn about various aspects of credit processing and underwriting it also provides me with financial knowledge and skills required to know each consumer in there credit worthiness

Salary - Excellent

+5 more

Dislikes

The company should more involve in digital marketing and also should have more public involvement as it will lead to the growth of the business

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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GIC Housing Finance Credit Manager Salary FAQs

What is the salary of Credit Manager at GIC Housing Finance?

Credit Manager salary at GIC Housing Finance in India ranges between ₹7.5 Lakhs to ₹10.3 Lakhs for experience between 2 years to 4 years. According to our estimates it is 13% more than the average Credit Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of GIC Housing Finance India.

How does the salary of a Credit Manager at GIC Housing Finance India compare with the average salary range for this job?

The average salary of a Credit Manager at GIC Housing Finance is 13% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a Credit Manager at GIC Housing Finance?

Customer Interaction, Credit Analysis, Customer Service, KYC Verification and Credit Underwriting are some of the popular skills required to work as a Credit Manager at GIC Housing Finance India.

Which similar companies are paying more than GIC Housing Finance to a Credit Manager in India?

LIC Housing Finance Credit Manager Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
Can Fin Homes Credit Manager Salary - ₹5.1 Lakhs to ₹12.0 Lakhs per year
Sundaram Finance Credit Manager Salary - ₹4.8 Lakhs to ₹15.0 Lakhs per year

What is the salary of a Credit Manager in companies similar to GIC Housing Finance in India?

HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.6 Lakhs to ₹14.0 Lakhs per year
PNB Housing Finance Credit Manager Salary - ₹4.9 Lakhs to ₹12.0 Lakhs per year
Tata Capital Housing Finance Credit Manager Salary - ₹3.3 Lakhs to ₹13.5 Lakhs per year
LendingKart Credit Manager Salary - ₹3.2 Lakhs to ₹13.5 Lakhs per year

What is the estimated take home salary of a Credit Manager at GIC Housing Finance in India?

The estimated take-home salary of a Credit Manager at GIC Housing Finance ranges between ₹64,251 per month to ₹65,888 per month in India. The take-home salary calculation is based on the average GIC Housing Finance Credit Manager salary in India which ranges between ₹7.5 Lakhs to ₹10.3 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Credit Manager at GIC Housing Finance?

According to AmbitionBox, 60% of the GIC Housing Finance Credit Managers reported a notice period of 3 Months, 20% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 5 responses on AmbitionBox in last 2 years.

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GIC Housing Finance Credit Manager Salaries

GIC Housing Finance Credit Manager salary in India ranges between ₹7.5 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 GIC Housing Finance latest salaries received from various employees of GIC Housing Finance.