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

13 - 20 years exp.

₹11.9 Lakhs - ₹24 Lakhs

Salary of majority employees

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88% more than the average Cluster Credit Manager Salary in NBFC Companies for 13 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading Cluster Credit Manager Salary 14 - 20 years exp. (12 salaries)	Unlock ₹15.5 L/yr - ₹24 L/yr
Risk Management & Compliance Cluster Credit Manager Salary 13 - 20 years exp. (12 salaries)	Unlock ₹12.8 L/yr - ₹22.5 L/yr
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Finance & Accounting Cluster Credit Manager Salary 13 - 17 years exp. (9 salaries)	Unlock ₹11.9 L/yr - ₹21 L/yr

Last Updated: 8 Mar 2025

Companies similar to HDB Financial Services for Cluster Credit Manager

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Cluster Credit Manager Salary 4 - 18 years exp. (17 salaries)	Unlock ₹12.3 L/yr - ₹22 L/yr 13% less
Tata Capital Cluster Credit Manager Salary 4 - 21 years exp. (6 salaries)	Unlock ₹10.7 L/yr - ₹17 L/yr 25% less
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Kotak Mahindra Bank Cluster Credit Manager Salary 2 - 13 years exp. (4 salaries)	Unlock ₹7 L/yr - ₹13.5 L/yr 45% less
HDFC Bank Cluster Credit Manager Salary 1 - 7 years exp. (5 salaries)	Unlock ₹3.6 L/yr - ₹9.8 L/yr 66% less
Axis Bank Cluster Credit Manager Salary 4 - 15 years exp. (4 salaries)	Unlock ₹2.3 L/yr - ₹12 L/yr 62% less
Edelweiss Cluster Credit Manager Salary 3 - 6 years exp. (9 salaries)	Unlock ₹10 L/yr - ₹14.3 L/yr 33% less
SMFG India Credit Cluster Credit Manager Salary 3 - 15 years exp. (78 salaries)	Unlock ₹4.3 L/yr - ₹17 L/yr 48% less
IIFL SAMASTA Cluster Credit Manager Salary 6 - 11 years exp. (49 salaries)	Unlock ₹5.5 L/yr - ₹13.3 L/yr 54% less
Annapurna Finance Cluster Credit Manager Salary 6 - 17 years exp. (31 salaries)	Unlock ₹4 L/yr - ₹16 L/yr 51% less
Bajaj Housing Finance Cluster Credit Manager Salary 8 - 13 years exp. (12 salaries)	Unlock ₹10.7 L/yr - ₹19.6 L/yr 25% less
Manappuram Finance Cluster Credit Manager Salary 6 - 14 years exp. (8 salaries)	Unlock ₹5 L/yr - ₹7.9 L/yr 66% less
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Mahindra Finance Cluster Credit Manager Salary 8 - 10 years exp. (6 salaries)	Unlock ₹4.8 L/yr - ₹14 L/yr 53% less
IIFL Finance Cluster Credit Manager Salary 4 - 12 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹8.2 L/yr 64% less
Hero FinCorp Cluster Credit Manager Salary 0 - 14 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹20.3 L/yr 28% less
Satin Creditcare Network Cluster Credit Manager Salary 5 - 9 years exp. (4 salaries)	Unlock ₹5 L/yr - ₹9 L/yr 64% less
Aye Finance Cluster Credit Manager Salary 5 - 11 years exp. (4 salaries)	Unlock ₹4.9 L/yr - ₹8.4 L/yr 59% less
Bharat Financial Inclusion Cluster Credit Manager Salary 5 - 6 years exp. (3 salaries)	Unlock ₹4.3 L/yr - ₹7.9 L/yr 74% less

Cluster Credit Manager salary at HDB Financial Services ranges between ₹11.9 Lakhs to ₹24 Lakhs per year for employees with experience between 13 years to 20 years. Salary estimates are based on 40 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services Cluster Credit Manager

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17 years exp.

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19 years exp.

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13 years exp.

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20 years exp.

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15 years exp.

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16 years exp.

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16 years exp.

7mo ago

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16 years exp.

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19 years exp.

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13 years exp.

Experience wise HDB Financial Services Cluster Credit Manager salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
13 years (7 salaries)	Unlock ₹11.9 L/yr - ₹22.5 L/yr
14 years (3 salaries)	Unlock ₹16 L/yr - ₹19 L/yr
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15+ years (30 salaries)	Unlock ₹12.8 L/yr - ₹24 L/yr

Similar Designation salaries in HDB Financial Services

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Zonal Credit Manager Salary

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Credit Manager Salary

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Senior Credit Officer Salary

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Relationship Manager Salary

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Chief Manager Salary

(AmbitionBox Estimate)

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₹12.6 L/yr - ₹16.1 L/yr

Top skills at HDB Financial Services for Cluster Credit Manager

Credit Underwriting Credit Appraisal Auto Loans Credit Credit Appraisal Credit Policy Credit Assessment Commercial Vehicle Commercial Vehicle Credit Analysis Credit Analysis EPF Auto Loans Car Loan Credit Underwriting

Salary related reviews for HDB Financial Services

3.8

Rated by 5 employees for salary & benefits

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

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

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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 Cluster Credit Manager Salary FAQs

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

Cluster Credit Manager salary at HDB Financial Services in India ranges between ₹11.9 Lakhs to ₹24.0 Lakhs for experience between 13 years to 20 years. According to our estimates it is 88% more than the average Cluster Credit Manager Salary in India. Salary estimates are based on 40 latest salaries received from various employees of HDB Financial Services India.

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

The average salary of a Cluster Credit Manager at HDB Financial Services is 88% more than the average salary of a Cluster Credit Manager in India. To know exact salary insights, login to view.

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

Credit Underwriting, Credit Appraisal, Auto Loans, Credit and Credit Appraisal are some of the popular skills required to work as a Cluster Credit Manager at HDB Financial Services India.

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

Bajaj Finance Cluster Credit Manager Salary - ₹12.3 Lakhs to ₹22.0 Lakhs per year
Tata Capital Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹17.0 Lakhs per year
Bajaj Housing Finance Cluster Credit Manager Salary - ₹10.7 Lakhs to ₹19.6 Lakhs per year
Hero FinCorp Cluster Credit Manager Salary - ₹5.0 Lakhs to ₹20.3 Lakhs per year
Edelweiss Cluster Credit Manager Salary - ₹10.0 Lakhs to ₹14.3 Lakhs per year

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

The estimated take-home salary of a Cluster Credit Manager at HDB Financial Services ranges between ₹1,26,117 per month to ₹1,30,188 per month in India. The take-home salary calculation is based on the average HDB Financial Services Cluster Credit Manager salary in India which ranges between ₹11.9 Lakhs to ₹24.0 Lakhs per year for employees with experience between 13 years to 20 years. Check how did we calculate take home salary?

What is the notice period for Cluster Credit Manager at HDB Financial Services?

According to AmbitionBox, 100% of the HDB Financial Services Cluster Credit Managers reported a notice period of 3 Months.This is based on 28 responses on AmbitionBox in last 2 years.

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HDB Financial Services Cluster Credit Manager Salaries

HDB Financial Services Cluster Credit Manager salary in India ranges between ₹11.9 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 40 HDB Financial Services latest salaries received from various employees of HDB Financial Services.