HDB Financial Services Credit Manager Salaries by 400+ Employees (Updated 2025)

0 - 12 years exp.

₹2 Lakhs - ₹9 Lakhs

Salary of majority employees

41% less than the average Credit Manager Salary in NBFC Companies for 0 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Credit Manager Salary 0 - 12 years exp. (170 salaries)	₹2 L/yr - ₹9 L/yr
Finance & Accounting Credit Manager Salary 0 - 11 years exp. (153 salaries)	₹2.4 L/yr - ₹7.4 L/yr
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Customer Success, Service & Operations Credit Manager Salary 1 - 10 years exp. (21 salaries)	₹2.7 L/yr - ₹6 L/yr
Risk Management & Compliance Credit Manager Salary 0 - 9 years exp. (15 salaries)	₹2.4 L/yr - ₹6.5 L/yr

Last Updated: 1 Mar 2025

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. (2.7k salaries)	₹3.5 L/yr - ₹14.3 L/yr 84% more	6 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. (3.3k salaries)	₹4 L/yr - ₹17.1 L/yr 116% more
Axis Bank Credit Manager Salary 0 - 12 years exp. (823 salaries)	₹4 L/yr - ₹14.8 L/yr 89% more
Kotak Mahindra Bank Credit Manager Salary 0 - 11 years exp. (1k salaries)	₹4 L/yr - ₹14.5 L/yr 96% more
State Bank of India Credit Manager Salary 3 - 14 years exp. (47 salaries)	₹10 L/yr - ₹32 L/yr 324% more
Tata Capital Credit Manager Salary 0 - 11 years exp. (436 salaries)	₹4 L/yr - ₹13 L/yr 70% more	4 job openings
SMFG India Credit Credit Manager Salary 0 - 13 years exp. (345 salaries)	₹2.4 L/yr - ₹11.2 L/yr 43% more
Aditya Birla Finance Credit Manager Salary 1 - 9 years exp. (300 salaries)	₹3.8 L/yr - ₹12.5 L/yr 57% more
Annapurna Finance Credit Manager Salary 2 - 9 years exp. (204 salaries)	₹2.7 L/yr - ₹7.1 L/yr 5% less

View all

Credit Manager salary at HDB Financial Services ranges between ₹2 Lakhs to ₹9 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 472 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Credit Manager salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
Fresher (15 salaries)	₹2.4 L/yr - ₹4.3 L/yr
1 year (34 salaries)	₹2.2 L/yr - ₹5 L/yr
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2 years (36 salaries)	₹2 L/yr - ₹5.3 L/yr
3 years (51 salaries)	₹2 L/yr - ₹6.4 L/yr
4 years (80 salaries)	₹2 L/yr - ₹6.3 L/yr
5 years (69 salaries)	₹2.5 L/yr - ₹7.1 L/yr
6 years (62 salaries)	₹2.9 L/yr - ₹7 L/yr
7 years (30 salaries)	₹2.8 L/yr - ₹7.2 L/yr
8 years (42 salaries)	₹3 L/yr - ₹7.6 L/yr
9 years (23 salaries)	₹2.8 L/yr - ₹7.4 L/yr
10 years (22 salaries)	₹3 L/yr - ₹9 L/yr
11 years (5 salaries)	₹3.7 L/yr - ₹6.6 L/yr
12 years (3 salaries)	₹4.8 L/yr - ₹5.9 L/yr

View all

From

Credit Manager

₹

Lakhs/yr

0 - 12 years exp.

Zonal Manager

₹

Lakhs/yr

14 - 23 years exp.

Credit Manager 0 - 12 years exp.

Branch Credit Manager 0 - 12 years exp.

9% hike

Branch Manager 6 - 18 years exp.

79% hike

From

3 more levels

Credit Manager

0 - 12 years exp.

Zonal Business Manager

11 - 19 years exp.

View 1 more career path

Similar Designation salaries in HDB Financial Services

Credit Officer Salary

(122 salaries)

₹1.1 L/yr - ₹4.05 L/yr

Area Credit Manager Salary

(230 salaries)

₹6.1 L/yr - ₹16.5 L/yr

Branch Manager Salary

(305 salaries)

₹3.88 L/yr - ₹13.2 L/yr

Deputy Manager Salary

(118 salaries)

₹3.25 L/yr - ₹12 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹12.6 L/yr - ₹16.1 L/yr

Credit Analyst Salary

(30 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 L/yr - ₹6.5 L/yr

Branch Credit Manager Salary

(695 salaries)

₹2.3 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

3.5

Rated by 160 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.

Salary - Excellent

+6 more

Dislikes

Nothing

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

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 ₹9.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 41% less than the average Credit Manager Salary in India. Salary estimates are based on 472 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 41% 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
ICICI Bank Credit Manager Salary - ₹4.0 Lakhs to ₹17.1 Lakhs per year
Kotak Mahindra Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.5 Lakhs per year
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 ₹12.8 Lakhs per year

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

Axis Bank Credit Manager Salary - ₹4.0 Lakhs to ₹14.8 Lakhs per year
HDFC Bank Credit Manager Salary - ₹3.5 Lakhs to ₹14.3 Lakhs per year
Hero FinCorp Credit Manager Salary - ₹5.0 Lakhs to ₹11.6 Lakhs per year
L&T Finance Credit Manager Salary - ₹3.2 Lakhs to ₹13.1 Lakhs per year
Tata Capital Credit Manager Salary - ₹4.0 Lakhs to ₹13.0 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 ₹34,504 per month to ₹35,752 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 ₹9.0 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, 68% of the HDB Financial Services Credit Managers reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 443 responses on AmbitionBox in last 2 years.

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HDB Financial Services Credit Manager Salaries by Location

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HDB Financial Services Credit Manager Salaries

HDB Financial Services Credit Manager salary in India ranges between ₹2 Lakhs to ₹9 Lakhs with an average annual salary of ₹. Salary estimates are based on 472 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Credit Manager salaries in India (Updated 2025)

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 Manager in Siwan

Sales Officer in Barpeta

Credit Relationship Manager in Ankleshwar

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