HDB Financial Services Credit Manager Salaries by 500+ Employees (Updated 2024)

0 - 12 years exp.

₹2 Lakhs - ₹7.5 Lakhs

Salary of majority employees

40% less than the average Credit Manager Salary in NBFC Companies for 0 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 12 years exp. (193 salaries)	₹2 L/yr - ₹7.5 L/yr
Finance & Accounting Credit Manager Salary 0 - 11 years exp. (186 salaries)	₹2.1 L/yr - ₹7.4 L/yr
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Customer Success, Service & Operations Credit Manager Salary 1 - 12 years exp. (25 salaries)	₹2.7 L/yr - ₹7.2 L/yr
Risk Management & Compliance Credit Manager Salary 0 - 12 years exp. (16 salaries)	₹2.4 L/yr - ₹6.5 L/yr

Last Updated: 17 Dec 2024

Companies similar to HDB Financial Services for Credit Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Credit Manager Salary 0 - 12 years exp. (2.6k salaries)	₹3.5 L/yr - ₹14 L/yr 83% more	4 job openings
Global Wings Abudhabi Credit Manager Salary 0 - 7 years exp. (4 salaries)	₹3.8 L/yr - ₹16 L/yr 92% more
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ICICI Bank Credit Manager Salary 0 - 11 years exp. (3.2k salaries)	₹4.2 L/yr - ₹14.5 L/yr 113% more
Axis Bank Credit Manager Salary 0 - 13 years exp. (839 salaries)	₹4 L/yr - ₹14.5 L/yr 95% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1.1k salaries)	₹4 L/yr - ₹15.2 L/yr 92% more
State Bank of India Credit Manager Salary 3 - 14 years exp. (50 salaries)	₹10 L/yr - ₹32 L/yr 329% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (451 salaries)	₹4 L/yr - ₹13 L/yr 76% more	10 job openings
SMFG India Credit Credit Manager Salary 0 - 13 years exp. (345 salaries)	₹2.4 L/yr - ₹11.4 L/yr 46% more
Aditya Birla Finance Credit Manager Salary 1 - 10 years exp. (315 salaries)	₹3.8 L/yr - ₹13.2 L/yr 59% more
Annapurna Finance Credit Manager Salary 1 - 11 years exp. (215 salaries)	₹2.7 L/yr - ₹7.2 L/yr 1% less
IIFL Finance Credit Manager Salary 0 - 7 years exp. (167 salaries)	₹2.5 L/yr - ₹9.5 L/yr 12% more
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Bajaj Finance Credit Manager Salary 1 - 9 years exp. (193 salaries)	₹2.4 L/yr - ₹8.5 L/yr 27% more
Aditya Birla Capital Credit Manager Salary 2 - 10 years exp. (171 salaries)	₹4 L/yr - ₹13 L/yr 58% more
Shubham Housing Development Finance Credit Manager Salary 0 - 12 years exp. (172 salaries)	₹2.4 L/yr - ₹6.3 L/yr 5% less	1 job opening
Edelweiss Credit Manager Salary 0 - 8 years exp. (153 salaries)	₹2.7 L/yr - ₹12 L/yr 45% more
Shriram Finance Credit Manager Salary 2 - 12 years exp. (145 salaries)	₹1.8 L/yr - ₹10.5 L/yr 32% more	3 job openings
Mahindra Finance Credit Manager Salary 5 - 14 years exp. (84 salaries)	₹2.3 L/yr - ₹13 L/yr 57% more
Bajaj Housing Finance Credit Manager Salary 0 - 6 years exp. (130 salaries)	₹2 L/yr - ₹8.4 L/yr 2% less
Sammaan Capital Limited Credit Manager Salary 1 - 8 years exp. (91 salaries)	₹3 L/yr - ₹8.4 L/yr 9% more
L&T Finance Credit Manager Salary 1 - 9 years exp. (83 salaries)	₹4.5 L/yr - ₹14 L/yr 80% more

View all

Credit Manager salary at HDB Financial Services ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 536 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Credit Manager salaries

Last Updated: 17 Dec 2024

Experience	Avg Annual Salary
Fresher (18 salaries)	₹2 L/yr - ₹4.8 L/yr
1 year (43 salaries)	₹2.2 L/yr - ₹5 L/yr
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2 years (50 salaries)	₹2 L/yr - ₹5.3 L/yr
3 years (59 salaries)	₹2 L/yr - ₹6.4 L/yr
4 years (85 salaries)	₹2 L/yr - ₹6.3 L/yr
5 years (82 salaries)	₹2.2 L/yr - ₹7.5 L/yr
6 years (66 salaries)	₹2.9 L/yr - ₹7 L/yr
7 years (34 salaries)	₹2.8 L/yr - ₹7.2 L/yr
8 years (45 salaries)	₹3.1 L/yr - ₹7.1 L/yr
9 years (28 salaries)	₹2.8 L/yr - ₹7.4 L/yr
10 years (18 salaries)	₹2.7 L/yr - ₹7.2 L/yr
11 years (4 salaries)	₹4.1 L/yr - ₹5.8 L/yr
12 years (4 salaries)	₹5.5 L/yr - ₹6 L/yr

View all

Similar Designation salaries in HDB Financial Services

Credit Officer Salary

(133 salaries)

₹1.1 L/yr - ₹4.25 L/yr

Area Credit Manager Salary

(237 salaries)

₹5.3 L/yr - ₹18 L/yr

Branch Manager Salary

(325 salaries)

₹4.4 L/yr - ₹14.3 L/yr

Deputy Manager Salary

(115 salaries)

₹3.8 L/yr - ₹11.5 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Credit Analyst Salary

(32 salaries)

₹1.6 L/yr - ₹4.5 L/yr

Zonal Credit Manager Salary

(15 salaries)

₹20.35 L/yr - ₹29 L/yr

Sales Manager Salary

(1.1k salaries)

₹1.2 L/yr - ₹7 L/yr

Branch Credit Manager Salary

(561 salaries)

₹2 L/yr - ₹8 L/yr

Deputy Credit Manager Salary

(4 salaries)

₹3.5 L/yr - ₹6.3 L/yr

Top skills at HDB Financial Services for Credit Manager

Credit Underwriting Credit Appraisal Credit Management Credit Assessment Credit Credit Administration Commercial Vehicle Credit Analysis Credit Monitoring Underwriting Compliance Commercial Vehicle Loans Policies CVS Lending

Salary related reviews for HDB Financial Services

3.4

Rated by 149 employees for salary & benefits

Credit Manager in Aurangabad

BFSI, Investments & Trading Department

5.0

• posted on 03 May 2018

5.0

for Salary and Benefits

Likes

I would like to say HDB good company to work place, no pressure, good salary growth, career growth, work environment is very good and we can spend our time with family no restrictions to you job to be finished.

Dislikes

Nothing

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:

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.

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.

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

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

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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HDB Financial Services Credit Manager Salary FAQs

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

Credit Manager salary at HDB Financial Services in India ranges between ₹2.0 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 40% less than the average Credit Manager Salary in India. Salary estimates are based on 536 latest salaries received from various employees of HDB Financial Services India.

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

The average salary of a Credit Manager at HDB Financial Services is 40% less 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 HDB Financial Services?

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

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

State Bank of India Credit Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
BA Continuum Credit Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
ICICI Bank Credit Manager Salary - ₹4.2 Lakhs to ₹14.5 Lakhs per year
Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹15.2 Lakhs per year

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

Global Wings Abudhabi Credit Manager Salary - ₹3.8 Lakhs to ₹16.0 Lakhs per year
Tata Motors Finance Credit Manager Salary - ₹7.1 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.0 Lakhs per year
L&T Finance Credit Manager Salary - ₹4.5 Lakhs to ₹14.0 Lakhs per year
Hero FinCorp Credit Manager Salary - ₹5.0 Lakhs to ₹11.6 Lakhs per year

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

The estimated take-home salary of a Credit Manager at HDB Financial Services ranges between ₹34,459 per month to ₹35,707 per month in India. The take-home salary calculation is based on the average HDB Financial Services Credit Manager salary in India which ranges between ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 69% of the HDB Financial Services Credit Managers reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 441 responses on AmbitionBox in last 2 years.

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HDB Financial Services Credit Manager Salaries

HDB Financial Services Credit Manager salary in India ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 536 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Credit Manager salaries in India

Companies similar to HDB Financial Services for Credit Manager

Latest annual salaries shared by HDB Financial Services Credit Manager

Experience wise HDB Financial Services Credit Manager salaries

Similar Designation salaries in HDB Financial Services

Top skills at HDB Financial Services for Credit Manager

Salary related reviews for HDB Financial Services

Credit Manager in Aurangabad

Sales Officer in Barpeta

Credit Relationship Manager in Ankleshwar

Branch Credit Manager in Kolkata

Sales Manager in Jaipur

HDB Financial Services Credit Manager Salary FAQs

Tell us how to improve this page.

HDB Financial Services Credit Manager Salaries by Location