HDB Financial Services Mumbai Branch Credit Manager Salaries by 40+ Employees (Updated 2025)

0 - 13 years exp.

₹3.2 Lakhs - ₹7 Lakhs

Salary of majority employees

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14% less than the average Branch Credit Manager Salary in NBFC Companies for 0 - 13 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Credit Manager Salary 0 - 13 years exp. (19 salaries)	Unlock ₹3.2 L/yr - ₹6.8 L/yr
Finance & Accounting Branch Credit Manager Salary 2 - 13 years exp. (13 salaries)	Unlock ₹3.8 L/yr - ₹7 L/yr
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Risk Management & Compliance Branch Credit Manager Salary 3 - 9 years exp. (5 salaries)	Unlock ₹4.5 L/yr - ₹6.4 L/yr
Customer Success, Service & Operations Branch Credit Manager Salary 7 years exp. (AmbitionBox Estimate)	Unlock ₹4.5 L/yr - ₹7 L/yr

Last Updated: 19 Jan 2025

Companies similar to HDB Financial Services for Branch Credit Manager in Mumbai

HDB Financial Services Branch Credit Manager Salary

0 - 13 years exp. (48 salaries)

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₹3.2 L/yr - ₹7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Credit Manager Salary 1 - 9 years exp. (81 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 57% more
Kotak Mahindra Bank Branch Credit Manager Salary 1 - 4 years exp. (5 salaries)	Unlock ₹7 L/yr - ₹9.5 L/yr 55% more
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IndusInd Bank Branch Credit Manager Salary 4 - 9 years exp. (6 salaries)	Unlock ₹4 L/yr - ₹6.6 L/yr 2% more
Sammaan Capital Limited Branch Credit Manager Salary 2 - 10 years exp. (19 salaries)	Unlock ₹3.6 L/yr - ₹8 L/yr 6% more	1 job opening
Shubham Housing Development Finance Branch Credit Manager Salary 3 - 9 years exp. (6 salaries)	Unlock ₹4.1 L/yr - ₹6.2 L/yr 11% more	1 job opening
Muthoot Fincorp Branch Credit Manager Salary 4 - 6 years exp. (3 salaries)	Unlock ₹4.3 L/yr - ₹6 L/yr 8% less

Branch Credit Manager salary at HDB Financial Services ranges between ₹3.2 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 48 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Branch Credit Manager in Mumbai

1mo ago

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4 years exp.

2mo ago

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7 years exp.

3mo ago

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7 years exp.

3mo ago

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9 years exp.

4mo ago

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1 year exp.

6mo ago

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3 years exp.

8mo ago

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1 year exp.

9mo ago

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9 months exp.

9mo ago

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12 years exp.

1y ago

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8 years exp.

Experience wise HDB Financial Services Branch Credit Manager salaries in Mumbai

Last Updated: 19 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹5.5 L/yr
1 year (3 salaries)	Unlock ₹4.1 L/yr - ₹4.8 L/yr
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2 years (5 salaries)	Unlock ₹4.1 L/yr - ₹5.3 L/yr
3 years (5 salaries)	Unlock ₹4 L/yr - ₹6.4 L/yr
4 years (4 salaries)	Unlock ₹3.2 L/yr - ₹6.8 L/yr
5 years (4 salaries)	Unlock ₹3.2 L/yr - ₹5.3 L/yr
6 years (5 salaries)	Unlock ₹3.8 L/yr - ₹6.4 L/yr
7 years (6 salaries)	Unlock ₹4 L/yr - ₹7 L/yr
8 years (4 salaries)	Unlock ₹4.3 L/yr - ₹7 L/yr
9 years (5 salaries)	Unlock ₹4.1 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹5.1 L/yr - ₹6.5 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹4.1 L/yr - ₹10.4 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5 L/yr - ₹6.1 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹3.6 L/yr - ₹6.5 L/yr

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From

Branch Credit Manager

₹

Lakhs/yr

0 - 13 years exp.

Zonal Business Manager

₹

Lakhs/yr

11 - 19 years exp.

Branch Credit Manager

0 - 13 years exp.

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Branch Manager

6 - 18 years exp.

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79% hike

Cluster Manager

10 - 23 years exp.

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94% hike

From

View 2 more levels

Branch Credit Manager

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0 - 13 years exp.

Zonal Manager

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14 - 22 years exp.

From

View 1 more level

Branch Credit Manager

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0 - 13 years exp.

Cluster Credit Manager

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13 - 20 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDB Financial Services

Credit Manager Salary

(44 salaries)

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₹2.7 L/yr - ₹7 L/yr

Area Credit Manager Salary

(14 salaries)

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₹7 L/yr - ₹17.45 L/yr

Cluster Credit Manager Salary

(4 salaries)

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₹11.85 L/yr - ₹23 L/yr

Zonal Credit Manager Salary

(4 salaries)

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₹24.35 L/yr - ₹28 L/yr

Top skills at HDB Financial Services for Branch Credit Manager

Credit Underwriting Credit Appraisal Financial Statements Monitoring Compliance Credit Management Credit Credit Administration Auditing EMI Underwriting Performance Management Cost Management Interpersonal Skills

Salary related reviews for HDB Financial Services

2.8

Rated by 10 employees for salary & benefits

Branch Credit Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 12 Oct 2024

2.0

for Salary and Benefits

Likes

...o like. Business teams are leading here. Business teams behaves like dog to BCM. Only on time salary is good thing

Dislikes

No value for credit in specially West Bengal lending department.No support for credit department. Business team from zonal level forceful to Branch credit level. Even working on credit department you will feel like you are working on sales. Even credit manager gets pressure more than any sales manager. Credit Manager leaves office every day at 10pm and at month end 3am at night.Even works on Saturday and Sunday

Salary - Poor

+5 more

Branch Credit Manager in Hoshiarpur

Full Time

Finance & Accounting Department

4.0

• posted on 29 Oct 2018

4.0

for Salary and Benefits

Likes

It is good company for work. Good opportunity for ambitious persons for growth. Company prioritise the growth of it's internal employee rather hier a new employee. I recommend this company.

Salary - Good

+5 more

Dislikes

...essure is very high. Difficult to maintain balance between work - personal life. Do work even on Sundays without and compensation. There is no on job training for fresher which is a very week point.

Branch Credit Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 25 Feb 2022

3.0

for Salary and Benefits

Likes

Work life balance for 3 weeks in a month Good opportunity for freshers to learn and grow Nearness to market with branch availability almost everywhere

Job security - Good

+1 more

Dislikes

... with extreme conflicts within departments , Favorite ones get escalated soon. Variable pay is not uniform to all employees

Company culture - Poor

Branch Credit Manager in Aurangabad

Credit & Collection Department

5.0

• posted on 22 Aug 2021

5.0

for Salary and Benefits

Likes

... dedicate you earn double. Good Sales incentives and Backend staff yearly Bonus.i have 5 yrs experience with 3 promotion as well salary increments , I'm satisfied with my company.

Salary - Excellent

+6 more

Dislikes

Only 1 issue there, after resigned 3 moths notice period will be served no any excuses, if employee not served automatically he will be absconding.

Branch Credit Manager in Rajam

Other Department

4.0

• posted on 04 Nov 2020

2.0

for Salary and Benefits

Likes

...ronment and culture, teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they bonus every years but no salary hike in this year only otherwise they good salary hike and bonuses.

Skill development - Good

+3 more

Dislikes

Salary - Poor

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What people are saying about HDB Financial Services

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a credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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HDB Financial Services Branch Credit Manager Salary FAQs

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

Branch Credit Manager salary at HDB Financial Services in Mumbai ranges between ₹3.2 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 13 years. According to our estimates it is 14% less than the average Branch Credit Manager Salary in India. Salary estimates are based on 48 latest salaries received from various employees of HDB Financial Services Mumbai.

How does the salary of a Branch Credit Manager at HDB Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Branch Credit Manager at HDB Financial Services is 14% less than the average salary of a Branch Credit Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Credit Manager at HDB Financial Services?

Credit Underwriting, Credit Appraisal, Financial Statements, Monitoring and Compliance are some of the popular skills required to work as a Branch Credit Manager at HDB Financial Services Mumbai.

Which similar companies are paying more than HDB Financial Services to a Branch Credit Manager in Mumbai?

ICICI Bank Branch Credit Manager Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank Branch Credit Manager Salary - ₹7.0 Lakhs to ₹9.5 Lakhs per year
Shubham Housing Development Finance Branch Credit Manager Salary - ₹4.1 Lakhs to ₹6.2 Lakhs per year
Sammaan Capital Limited Branch Credit Manager Salary - ₹3.6 Lakhs to ₹8.0 Lakhs per year
IndusInd Bank Branch Credit Manager Salary - ₹4.0 Lakhs to ₹6.6 Lakhs per year

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

Muthoot Fincorp Branch Credit Manager Salary - ₹4.3 Lakhs to ₹6.0 Lakhs per year

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

The estimated take-home salary of a Branch Credit Manager at HDB Financial Services ranges between ₹38,992 per month to ₹40,172 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Branch Credit Manager salary in India which ranges between ₹3.2 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 13 years. Check how did we calculate take home salary?

What is the notice period for Branch Credit Manager at HDB Financial Services in Mumbai?

According to AmbitionBox, 82% of the HDB Financial Services Branch Credit Managers in Mumbai reported a notice period of 3 Months, 18% reported a notice period of 1 Month.This is based on 17 responses on AmbitionBox in last 2 years.

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HDB Financial Services Branch Credit Manager Salaries in Mumbai

HDB Financial Services Branch Credit Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹7 Lakhs with an average annual salary of ₹. Salary estimates are based on 48 HDB Financial Services latest salaries received from various employees of HDB Financial Services.