HDB Financial Services Assistant Credit Manager Salaries by 10+ Employees (Updated 2025)

3 - 9 years exp.

₹2.5 Lakhs - ₹5 Lakhs

Salary of majority employees

16% less than the average Assistant Credit Manager Salary in NBFC Companies for 3 - 9 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Credit Manager Salary 5 - 9 years exp. (5 salaries)	₹3.6 L/yr - ₹4.7 L/yr
Finance & Accounting Assistant Credit Manager Salary 4 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹5 L/yr
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Customer Success, Service & Operations Assistant Credit Manager Salary 3 years exp. (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.8 L/yr

Last Updated: 14 Feb 2025

Companies similar to HDB Financial Services for Assistant Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Assistant Credit Manager Salary 1 - 6 years exp. (117 salaries)	₹2.2 L/yr - ₹6 L/yr 3% more	9 job openings
Aye Finance Assistant Credit Manager Salary 3 - 9 years exp. (112 salaries)	₹2.9 L/yr - ₹5.3 L/yr 9% more
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Bajaj Housing Finance Assistant Credit Manager Salary 1 - 4 years exp. (86 salaries)	₹2.9 L/yr - ₹5 L/yr 9% more
Shriram Finance Assistant Credit Manager Salary 2 - 12 years exp. (58 salaries)	₹1.8 L/yr - ₹5.3 L/yr 6% less
Annapurna Finance Assistant Credit Manager Salary 2 - 8 years exp. (29 salaries)	₹2 L/yr - ₹4.5 L/yr 25% less
IIFL Finance Assistant Credit Manager Salary 1 - 10 years exp. (19 salaries)	₹3 L/yr - ₹6.5 L/yr 15% more
Shubham Housing Development Finance Assistant Credit Manager Salary 1 - 7 years exp. (18 salaries)	₹3.2 L/yr - ₹6.2 L/yr 9% more
SK Finance Limited Assistant Credit Manager Salary 3 - 8 years exp. (18 salaries)	₹3 L/yr - ₹5 L/yr 4% more
Mahindra Finance Assistant Credit Manager Salary 3 - 9 years exp. (14 salaries)	₹3 L/yr - ₹6.3 L/yr 28% more
TVS Credit Assistant Credit Manager Salary 1 - 9 years exp. (13 salaries)	₹3.1 L/yr - ₹6.3 L/yr 18% more
Manappuram Finance Assistant Credit Manager Salary 4 - 8 years exp. (9 salaries)	₹3.1 L/yr - ₹5.5 L/yr 17% more
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Fedbank Financial Services Assistant Credit Manager Salary 2 - 5 years exp. (6 salaries)	₹3.3 L/yr - ₹4.5 L/yr 1% less
Muthoot Finance Assistant Credit Manager Salary 3 - 6 years exp. (6 salaries)	₹3.9 L/yr - ₹6 L/yr 17% more
Satin Finserv Assistant Credit Manager Salary 1 - 8 years exp. (6 salaries)	₹3.3 L/yr - ₹4 L/yr At par
Fusion Microfinance Assistant Credit Manager Salary 1 - 9 years exp. (5 salaries)	₹4.3 L/yr - ₹5.1 L/yr 24% more
Tata Motors Finance Assistant Credit Manager Salary 1 - 3 years exp. (5 salaries)	₹3.8 L/yr - ₹6 L/yr 38% more
Muthoot Fincorp Assistant Credit Manager Salary 3 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹4 L/yr 1% less
SMFG India Credit Assistant Credit Manager Salary 1 - 2 years exp. (4 salaries)	₹2.2 L/yr - ₹3 L/yr 28% less
IIFL SAMASTA Assistant Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹3 L/yr - ₹4.1 L/yr 2% less
Spandana Sphoorty Financial Assistant Credit Manager Salary 3 - 6 years exp. (3 salaries)	₹4.2 L/yr - ₹5.8 L/yr 29% more

Assistant Credit Manager salary at HDB Financial Services ranges between ₹2.5 Lakhs to ₹5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 15 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Assistant Credit Manager salaries

Last Updated: 14 Feb 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
4 years (3 salaries)	₹3.1 L/yr - ₹4 L/yr
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5 years (6 salaries)	₹2.8 L/yr - ₹5 L/yr
6 years (3 salaries)	₹3.2 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
8 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr
9 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.3 L/yr

View all

Similar Designation salaries in HDB Financial Services

Regional Credit Manager Salary

(6 salaries)

₹25 L/yr - ₹38 L/yr

Area Credit Manager Salary

(215 salaries)

₹6.1 L/yr - ₹16.5 L/yr

Cluster Credit Manager Salary

(40 salaries)

₹11.85 L/yr - ₹24 L/yr

Branch Credit Manager Salary

(557 salaries)

₹2.3 L/yr - ₹7.8 L/yr

Zonal Credit Manager Salary

(16 salaries)

₹20.35 L/yr - ₹29 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Credit Manager Salary

(475 salaries)

₹2 L/yr - ₹9 L/yr

Senior Credit Officer Salary

(4 salaries)

₹2.5 L/yr - ₹3.29 L/yr

Relationship Manager Salary

(1.4k salaries)

₹1.4 L/yr - ₹4.6 L/yr

Branch Manager Salary

(303 salaries)

₹4.4 L/yr - ₹14 L/yr

Salary related reviews for HDB Financial Services

3.7

Rated by 4 employees for salary & benefits

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Credit Relationship Manager in Ankleshwar

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 24 Oct 2024

2.0

for Salary and Benefits

Likes

Learning Purposes it is goood but not good life long time.

Skill development - Good

Dislikes

Everything 1 Salary structure 2 Leave not giving which is considered as Leave on system but if they mail " Tomorrow is normal working day " u must come to branch, Shame thing to work with them.

Salary - Poor

+4 more

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

Sales Officer in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 29 Sep 2024

3.0

for Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

Work-life balance - Poor

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDB Financial Services Assistant Credit Manager Salary FAQs

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

The average salary of a Assistant Credit Manager at HDB Financial Services in India typically ranges from ₹2.5 Lakhs to ₹5.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Assistant Credit Manager at HDB Financial Services earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Assistant Credit Manager Salaries at HDB 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 10+ HDB Financial Services employees in India.

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

The estimated take-home salary of a Assistant Credit Manager at HDB Financial Services in India typically ranges from ₹27,529 to ₹28,930 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹5.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 10+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Tata Motors Finance	₹3.8 Lakhs to ₹6.0 Lakhs per year
Spandana Sphoorty Financial	₹4.2 Lakhs to ₹5.8 Lakhs per year
Mahindra Finance	₹3.0 Lakhs to ₹6.3 Lakhs per year
Fusion Microfinance	₹4.3 Lakhs to ₹5.1 Lakhs per year
TVS Credit	₹3.1 Lakhs to ₹6.3 Lakhs per year

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

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

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

Muthoot Finance	₹3.9 Lakhs to ₹6.0 Lakhs per year
Manappuram Finance	₹3.1 Lakhs to ₹5.5 Lakhs per year
IIFL Finance	₹3.0 Lakhs to ₹6.5 Lakhs per year
Aye Finance	₹2.9 Lakhs to ₹5.3 Lakhs per year
Shubham Housing Development Finance	₹3.2 Lakhs to ₹6.2 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 HDB Financial Services in India?

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

Experience	Average Salary Range
3 years	₹3.4 Lakhs to ₹4.3 Lakhs per year
4 years	₹3.1 Lakhs to ₹4.0 Lakhs per year
5 years	₹2.8 Lakhs to ₹5.0 Lakhs per year
6 years	₹3.2 Lakhs to ₹6.8 Lakhs per year

and so on.

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HDB Financial Services Assistant Credit Manager Salaries

HDB Financial Services Assistant Credit Manager salary in India ranges between ₹2.5 Lakhs to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HDB Financial Services latest salaries received from various employees of HDB Financial Services.